Twin Rivers Medical Pc
EIN: 473028931 · Hoosick Falls, NY · NTEE: E32
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $3.6M |
| Net Assets | $-1,139,392 |
Is Twin Rivers Medical Pc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Twin Rivers Medical Pc
Twin Rivers Medical Pc (EIN: 473028931) is a nonprofit organization based in Hoosick Falls, NY, classified under NTEE code E32. The organization reported total revenue of $2.1M and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin Rivers Medical Pc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twin Rivers Medical Pc is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-1,632,691 |
| Total Assets | $380K |
| Total Liabilities | $1.5M |
| Net Assets | $-1,139,392 |
| Operating Margin | -85.0% |
| Debt-to-Asset Ratio | 399.9% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, Twin Rivers Medical Pc reported a deficit of $1.6M with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 399.9% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Twin Rivers Medical Pc's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +13.4% | -10.8% |
| 2022 | -1.1% | -3.2% | -29.1% |
| 2021 | +8.8% | -1.3% | +37.9% |
| 2020 | +9.2% | +12.7% | -13.3% |
| 2019 | -1.3% | -1.3% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Twin Rivers Medical Pc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Twin Rivers Medical Pc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 399.9%.
Frequently Asked Questions about Twin Rivers Medical Pc
Is Twin Rivers Medical Pc a legitimate charity?
Twin Rivers Medical Pc (EIN: 473028931) is a registered tax-exempt nonprofit based in New York. It has 7 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: D.
How does Twin Rivers Medical Pc spend its money?
Twin Rivers Medical Pc reported $2.1M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Twin Rivers Medical Pc tax-deductible?
Twin Rivers Medical Pc is registered as a tax-exempt nonprofit (EIN: 473028931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Twin Rivers Medical Pc located?
Twin Rivers Medical Pc is headquartered in Hoosick Falls, New York and files with the IRS under EIN 473028931. It is classified under NTEE code E32.
How many years of IRS 990 filings does Twin Rivers Medical Pc have?
Twin Rivers Medical Pc has 7 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Twin Rivers Medical Pc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Twin Rivers Medical Pc's revenue has grown by 145.6%, moving from $782K to $1.9M. Total assets decreased by 29% over the same period, from $535K to $380K. Total functional expenses rose by 138.3%, from $1.5M to $3.6M. In its most recent filing year (2023), Twin Rivers Medical Pc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $380K in assets (debt-to-asset ratio: 399.9%), resulting in net assets of $-1,139,392.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $3.6M | $380K | $1.5M | — | View 990 |
| 2022 | $2.1M | $3.1M | $426K | $1.6M | — | — |
| 2021 | $2.1M | $3.2M | $601K | $705K | — | View 990 |
| 2020 | $1.9M | $3.3M | $435K | $3.0M | — | — |
| 2019 | $1.7M | $2.9M | $502K | $1.7M | — | View 990 |
| 2018 | $1.8M | $2.9M | $475K | $550K | — | View 990 |
| 2017 | $782K | $1.5M | $535K | $1.2M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $3.6M, and assets of $380K (revenue -6.3% year-over-year).
- 2022: Revenue of $2.1M, expenses of $3.1M, and assets of $426K (revenue -1.1% year-over-year).
- 2021: Revenue of $2.1M, expenses of $3.2M, and assets of $601K (revenue +8.8% year-over-year).
- 2020: Revenue of $1.9M, expenses of $3.3M, and assets of $435K (revenue +9.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $2.9M, and assets of $502K (revenue -1.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.9M, and assets of $475K (revenue +126.2% year-over-year).
- 2017: Revenue of $782K, expenses of $1.5M, and assets of $535K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twin Rivers Medical Pc:
Data Sources and Methodology
This transparency report for Twin Rivers Medical Pc 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.