Is Bertha Bornstein Residue Trust Legit?

Quick charity verification for Bertha Bornstein Residue Trust (EIN: 16040761)

Verdict: Bertha Bornstein Residue Trust has notable concerns

10/100Mission Score
$25Revenue
$3KAssets
4Red Flags
1Strengths

Red Flags

Strengths

AI Transparency Report

The Bertha Bornstein Residue Trust appears to be a very small organization, possibly a private trust, given its consistently low revenue and assets. In its latest filing (201912), the organization reported revenue of only $25, while incurring expenses of $37,308, indicating a significant deficit spending that far outstrips its income. This trend of expenses vastly exceeding revenue is consistent across all available filings, suggesting that the trust is either drawing down its principal or relying on external, unreported funding sources to cover its operational costs. The assets have also declined significantly over time, from $55,176 in 201112 to $2,767 in 201912, further supporting the idea of asset depletion. The NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus, but given the financial scale, it's likely a very niche or private philanthropic vehicle.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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