Twin County Recovery Services Inc
Twin County Recovery Services Inc shows consistent revenue growth and no reported officer compensation in recent filings.
EIN: 141556542 · Hudson, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $5.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Is Twin County Recovery Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Twin County Recovery Services Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Twin County Recovery Services Inc
Twin County Recovery Services Inc (EIN: 141556542) is a nonprofit organization based in Hudson, NY. The organization reported total revenue of $5.3M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin County Recovery Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twin County Recovery Services Inc is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$774K |
| Total Assets | $4.9M |
| Total Liabilities | $3.4M |
| Net Assets | $1.5M |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 69.5% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Twin County Recovery Services Inc reported a surplus of $774K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 69.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Twin County Recovery Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.3% | +13.7% | +1.0% |
| 2022 | +34.1% | +11.4% | +15.5% |
| 2021 | -12.6% | -6.9% | -7.3% |
| 2020 | +1.2% | +4.6% | -6.3% |
| 2019 | -0.8% | +6.7% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Twin County Recovery Services Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Twin County Recovery Services Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $774K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.5%.
Executive Compensation Analysis
No officer compensation is reported across all available filings, which is unusual for an organization of this size with over $6 million in revenue, suggesting either a volunteer executive leadership or compensation structured in a way not captured under 'officer compensation' on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Twin County Recovery Services Inc's IRS 990 filings:
- Significant increase in liabilities from $196,284 in 2019 to $3,388,798 in 2023, which needs further context.
- NTEE code is unknown, limiting specific programmatic context.
- Absence of reported officer compensation for an organization with over $6 million in revenue could indicate alternative compensation structures or a fully volunteer executive board, which requires clarification for full transparency.
Strengths
The following positive indicators were identified for Twin County Recovery Services Inc:
- Consistent revenue growth, particularly in the last two years, from $3.89M in 2021 to $6.28M in 2023.
- Positive net assets, with assets exceeding liabilities ($4,873,044 vs. $3,388,798 in 2023).
- History of consistent IRS 990 filings, indicating good compliance.
- Expenses generally kept below or close to revenue, indicating sound financial management (e.g., $5,506,207 expenses vs. $6,280,370 revenue in 2023).
Frequently Asked Questions about Twin County Recovery Services Inc
Is Twin County Recovery Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Twin County Recovery Services Inc (EIN: 141556542) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Twin County Recovery Services Inc spend its money?
Twin County Recovery Services Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Twin County Recovery Services Inc tax-deductible?
Twin County Recovery Services Inc is registered as a tax-exempt nonprofit (EIN: 141556542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Twin County Recovery Services Inc CEO make?
Twin County Recovery Services Inc's highest-compensated officer earns $6 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Twin County Recovery Services Inc's spending goes to programs?
Twin County Recovery Services Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Twin County Recovery Services Inc located?
Twin County Recovery Services Inc is headquartered in Hudson, New York and files with the IRS under EIN 141556542.
How many years of IRS 990 filings does Twin County Recovery Services Inc have?
Twin County Recovery Services Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.3M in total revenue.
Is Twin County Recovery Services Inc financially stable?
Yes, the organization appears financially stable, consistently generating revenue (e.g., $6,280,370 in 2023) that generally exceeds expenses ($5,506,207 in 2023) and maintaining positive net assets ($4,873,044 in assets vs. $3,388,798 in liabilities in 2023).
How does Twin County Recovery Services Inc manage executive compensation?
Based on the provided data, Twin County Recovery Services Inc reports 0% officer compensation across all available filings, which is a significant finding for an organization of its size.
What is the trend in the organization's revenue?
The organization has shown a strong upward trend in revenue in recent years, increasing from $3,892,513 in 2021 to $6,280,370 in 2023.
Are there any concerns regarding the organization's liabilities?
Liabilities have increased significantly in recent years, from $196,284 in 2019 to $3,388,798 in 2023. While assets have also grown, this increase in liabilities warrants further investigation into its nature (e.g., program-related debt, capital investments).
Filing History
IRS 990 filing history for Twin County Recovery Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Twin County Recovery Services Inc's revenue has grown by 115.2%, moving from $2.9M to $6.3M. Total assets increased by 155.4% over the same period, from $1.9M to $4.9M. Total functional expenses rose by 103.9%, from $2.7M to $5.5M. In its most recent filing year (2023), Twin County Recovery Services Inc reported a surplus of $774K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $4.9M in assets (debt-to-asset ratio: 69.5%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $5.5M | $4.9M | $3.4M | — | View 990 |
| 2022 | $5.2M | $4.8M | $4.8M | $3.8M | — | View 990 |
| 2021 | $3.9M | $4.3M | $4.2M | $3.6M | — | View 990 |
| 2020 | $4.5M | $4.7M | $4.5M | $3.5M | — | — |
| 2019 | $4.4M | $4.5M | $4.8M | $196K | — | View 990 |
| 2018 | $4.4M | $4.2M | $5.2M | $286K | — | View 990 |
| 2017 | $3.5M | $3.4M | $5.0M | $210K | — | View 990 |
| 2016 | $3.0M | $3.1M | $5.0M | $203K | — | View 990 |
| 2015 | $5.6M | $3.0M | $5.1M | $222K | — | View 990 |
| 2014 | $3.3M | $2.9M | $2.6M | $267K | — | View 990 |
| 2013 | $3.4M | $2.9M | $2.3M | $324K | — | View 990 |
| 2012 | $2.7M | $2.8M | $1.8M | $379K | — | View 990 |
| 2011 | $2.9M | $2.7M | $1.9M | $361K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $5.5M, and assets of $4.9M (revenue +20.3% year-over-year).
- 2022: Revenue of $5.2M, expenses of $4.8M, and assets of $4.8M (revenue +34.1% year-over-year).
- 2021: Revenue of $3.9M, expenses of $4.3M, and assets of $4.2M (revenue -12.6% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.7M, and assets of $4.5M (revenue +1.2% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.5M, and assets of $4.8M (revenue -0.8% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.2M, and assets of $5.2M (revenue +28.0% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.4M, and assets of $5.0M (revenue +14.9% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.1M, and assets of $5.0M (revenue -46.1% year-over-year).
- 2015: Revenue of $5.6M, expenses of $3.0M, and assets of $5.1M (revenue +71.6% year-over-year).
- 2014: Revenue of $3.3M, expenses of $2.9M, and assets of $2.6M (revenue -5.3% year-over-year).
- 2013: Revenue of $3.4M, expenses of $2.9M, and assets of $2.3M (revenue +27.5% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.8M, and assets of $1.8M (revenue -7.5% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.7M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twin County Recovery Services Inc:
Data Sources and Methodology
This transparency report for Twin County Recovery Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.