Triple R Holding Corporation
501(c)(2)
Only null% goes to programs Strong reserves Growing revenue
Triple R Holding Corporation is a 501(c)(2) organization based in Chesapeake, Virginia, registered in 1990, with $664,704 in FY2024 revenue. CharityIndex grades it C+.
3531 Bunch Walnuts Rd, Chesapeake, VA, 23322 EIN 54-1507595 Since 1990
Revenue (FY2024)
$665K
▲ 46778.7% vs prior year
Expenses (FY2024)
$712K
Net assets
$1.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Triple R Holding Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating21 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Triple R Holding Corporation: 21 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Triple R Holding Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Triple R Holding Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3531 Bunch Walnuts Rd, Chesapeake, VA, 23322
- City
- Chesapeake
- State
- Virginia
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $15K (FY2013) to $665K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.2M
Operating margin
-7.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $664,704▲46779% | $711,812▲2867% | $1,222,994▼3.7% | $1,222,994▼14.6% | 990 |
| 2023 | -$1,424▲19.7% | $23,988▼17.5% | $1,270,102▼2.0% | $1,432,480▲10.6% | 990 |
| 2022 | -$1,773▼107% | $29,077▲0.1% | $1,295,514▼2.3% | $1,295,514▼2.3% | 990 |
| 2021 | $25,665▼86.3% | $29,052▼87.3% | $1,326,365▼0.3% | $1,326,365▼0.3% | 990 |
| 2020 | $187,525▲5396% | $227,911▲634% | $1,329,752▼2.9% | $1,329,752▼2.9% | 990 |
| 2019 | -$3,541▲14.6% | $31,033▼0.1% | $1,369,841▼2.5% | $1,369,841▼2.5% | 990 |
| 2018 | -$4,147▼129% | $31,074▼24.5% | $1,404,444▼2.4% | $1,404,444▼2.4% | 990 |
| 2017 | $14,138▲25.1% | $41,137▲15.9% | $1,439,665▼1.8% | $1,439,665▼1.8% | 990 |
| 2016 | $11,304▲132% | $35,494▲14.5% | $1,466,664▼1.6% | $1,466,664▼1.6% | 990 |
| 2015 | $4,877▼39.1% | $31,003▼45.1% | $1,490,854▼1.7% | $1,490,854▼1.7% | 990 |
| 2014 | $8,009▼47.7% | $56,508▲50.6% | $1,516,980▼2.5% | $1,516,980▼2.5% | 990 |
| 2013 | $15,309 | $37,514▼12.5% | $1,555,537▼1.4% | $1,555,537▼1.4% | 990 |
| 2012 | — | $42,884▲21.9% | $1,577,742▼2.1% | $1,577,742▼2.1% | 990 |
| 2011 | — | $35,188 | $1,611,872 | $1,611,872 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Triple R Holding Corporation a legitimate nonprofit?
- Yes. Triple R Holding Corporation is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 54-1507595, based in Chesapeake, Virginia.
- What is Triple R Holding Corporation's EIN?
- Triple R Holding Corporation's Employer Identification Number (EIN) is 54-1507595.
- How much revenue does Triple R Holding Corporation report?
- Triple R Holding Corporation reported $664,704 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Triple R Holding Corporation have?
- CharityIndex grades Triple R Holding Corporation C+, based on financial health (reserves and operating margin).
More nonprofits in Chesapeake
Explore more
Data for Triple R Holding Corporation (EIN 54-1507595) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.