Trah Properties Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

3 people listed

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

To own and maintain a medical building and its related facilities and lease the building to a 501(c)(3) hospital for the benefit of a rural city.

Leasing of medical building and related facilities to an affiliated hospital for the benefit of recruiting physicians to a rural community.

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: No current program activity. The filing reports no program spending for the current year.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 81.8%; rating input score 82; 3rd percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Program expense growth: -16.2% per year; rating input score 0; 27th percentile among comparable filings
Revenue growth: -10.2% per year; rating input score 0; 35th percentile among comparable filings
Asset growth: -7.8% per year; rating input score 0; 17th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 3 board members independent · 4 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $295K · 3 people listed · 0 of 6 pay-setting controls reported
Consistency: 9 of 11 current checks pass · 2 findings to review
Schedules: 5 filed schedules · includes executive pay
Filing history: 12 filing years from 2010 to 2021
Contacts: How to reach this organization
Related organizations: 5 filed related-organization links
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.

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

High — Accountability: Independent voting board scored 0/100.
High — Transparency & Controls: Pay-setting controls scored 0/100.
Moderate — Accountability: Governance controls: 4 of 8 not reported.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
High — Growth: Asset growth scored 0/100.