The Treyton Oak Towers Foundation Inc

Nonprofit profile at a glance

EIN
263794482
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Louisville, KY, USA
Phone
5025893211
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Christianity

Reported finances

Revenue
$14,706
Expenses
$0
Assets
$150,031
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ROBERT MCCARTER (PRESIDENT)

People named in this filing

  • ROBERT MCCARTER (PRESIDENT)
  • BROTHER JAMES K GORMAN (DIRECTOR)
  • DR SUSAN BARNETT (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To operate exclusively for the benefit of the third and oak corporation as an organization described in section 509(a)(3) of the code; to help defray the monthly rent, the monthly service fees, and/or other charges and fees imposed by the third and oak corporation, a Kentucky non-profit corporation, with respect to those residents of treyton oak towers (tot) who currently lack the assets and/or funds to pay such monthly rent, monthly service fees and/or other charges and fees as a result of circumstances beyond their reasonable control as determined by the full governing body of the corporation, but who otherwise met the financial guidelines, standards and requirements of the third and oak corporation as of the date of their initial residency at tot, all for the purpose of assisting such residents to continue to reside in their respective living units within tot for as long as possible and to support special projects designed to improve the community of tot.

What it reported doing in 2024

To operate exclusively for the benefit of the third and oak corporation as an organization described in section 509(a)(3) of the code; to help defray the monthly rent, the monthly service fees, and/or other charges and fees imposed by the third and oak corporation, a Kentucky non-profit corporation, with respect to those residents of treyton oak towers who currently lack the assets and/or funds to pay such monthly rent, monthly service fees and/or other charges and fees as a result of circumstances beyond their reasonable control as determined by the full governing body of the corporation, but who otherwise met the financial guidelines, standards and requirements of the third and oak corporation as of the date of their initial residency at treyton oak towers, all for the purpose of assisting such residents to continue to reside in their respective living units within treyton oak towers for as long as possible and to support special projects designed to improve the community of treyton oak towers.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 8
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: 32.5% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 24.4% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.