Is Edith L And H Danforth Ross Trust Norstar Bank Trustee Legit?
Quick charity verification for Edith L And H Danforth Ross Trust Norstar Bank Trustee (EIN: 16075554)
Verdict: Edith L And H Danforth Ross Trust Norstar Bank Trustee appears trustworthy
70/100Mission Score
$821KRevenue
$1.9MAssets
2Red Flags
3Strengths
Red Flags
Consistent expenses exceeding revenue, potentially drawing down principal or accumulated income.
NTEE Code is unknown, limiting understanding of specific programmatic focus.
Strengths
Zero reported officer compensation, indicating high efficiency in executive pay.
Stable asset base, consistently around $1.7M-$1.8M, suggesting long-term financial stability.
Consistent filing of IRS 990 forms, demonstrating transparency.
Spending Breakdown
How Edith L And H Danforth Ross Trust Norstar Bank Trustee allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Edith L And H Danforth Ross Trust Norstar Bank Trustee
Is Edith L And H Danforth Ross Trust Norstar Bank Trustee a legitimate charity?
Based on AI analysis of IRS 990 filings, Edith L And H Danforth Ross Trust Norstar Bank Trustee (EIN: 16075554) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Edith L And H Danforth Ross Trust Norstar Bank Trustee a good charity to donate to?
Edith L And H Danforth Ross Trust Norstar Bank Trustee has a Mission Score of 70/100. Revenue: $821K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edith L And H Danforth Ross Trust Norstar Bank Trustee?
The Employer Identification Number (EIN) for Edith L And H Danforth Ross Trust Norstar Bank Trustee is 16075554. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Edith L And H Danforth Ross Trust Norstar Bank Trustee spend its money?
Edith L And H Danforth Ross Trust Norstar Bank Trustee allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edith L And H Danforth Ross Trust Norstar Bank Trustee's tax-exempt status?
You can verify Edith L And H Danforth Ross Trust Norstar Bank Trustee's tax-exempt status using EIN 16075554 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Edith L And H Danforth Ross Trust, managed by Norstar Bank Trustee, appears to operate primarily as a grant-making trust rather than a direct service provider, given its consistent asset base and fluctuating revenue. Its financial health is stable, with assets consistently around $1.7 million to $1.8 million over the past decade. However, the trust frequently reports expenses exceeding revenue, as seen in the 202408 period where expenses were $155,627 against revenue of $84,238, and in 202208 with $144,726 in expenses versus $85,525 in revenue. This suggests it may be drawing from its principal or accumulated income to cover distributions and administrative costs. The lack of reported officer compensation indicates a lean operational structure in terms of executive salaries, which is a positive for efficiency. Transparency is generally good through its consistent 990 filings, though the NTEE code being 'Unknown' limits understanding of its specific programmatic focus.