Is First National Bank Of Hutchinson Trustee Of The Herman Stallman Legit?
Quick charity verification for First National Bank Of Hutchinson Trustee Of The Herman Stallman (EIN: 203625633)
Verdict: First National Bank Of Hutchinson Trustee Of The Herman Stallman appears trustworthy
75/100Mission Score
$919KRevenue
$3.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent negative revenue in recent periods (2022, 2023) while incurring significant expenses.
Lack of detailed breakdown for expenses, making it difficult to ascertain the exact nature of 'program' spending versus administrative overhead for a trust.
Strengths
Zero reported officer compensation, indicating high efficiency in leadership costs.
Extremely low liabilities ($1 across all filings), demonstrating strong financial stability and minimal debt.
Substantial asset base ($3,398,619 latest) provides a buffer against negative revenue trends and ensures long-term viability for its purpose.
Spending Breakdown
How First National Bank Of Hutchinson Trustee Of The Herman Stallman allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 First National Bank Of Hutchinson Trustee Of The Herman Stallman
Is First National Bank Of Hutchinson Trustee Of The Herman Stallman a legitimate charity?
Based on AI analysis of IRS 990 filings, First National Bank Of Hutchinson Trustee Of The Herman Stallman (EIN: 203625633) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is First National Bank Of Hutchinson Trustee Of The Herman Stallman a good charity to donate to?
First National Bank Of Hutchinson Trustee Of The Herman Stallman has a Mission Score of 75/100. Revenue: $919K. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for First National Bank Of Hutchinson Trustee Of The Herman Stallman?
The Employer Identification Number (EIN) for First National Bank Of Hutchinson Trustee Of The Herman Stallman is 203625633. 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 First National Bank Of Hutchinson Trustee Of The Herman Stallman spend its money?
First National Bank Of Hutchinson Trustee Of The Herman Stallman allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify First National Bank Of Hutchinson Trustee Of The Herman Stallman's tax-exempt status?
You can verify First National Bank Of Hutchinson Trustee Of The Herman Stallman's tax-exempt status using EIN 203625633 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
First National Bank Of Hutchinson Trustee Of The Herman Stallman operates as a trust, which is reflected in its financial statements. The organization consistently reports minimal liabilities ($1 across all filings), indicating a strong asset base relative to its obligations. However, recent years (2022 and 2023) show negative revenue, with expenses exceeding revenue by significant margins (e.g., $-36,136 revenue vs. $184,704 expenses in 2023). This trend suggests that the trust may be primarily distributing assets or experiencing investment losses rather than generating consistent operating income. The absence of officer compensation across all filings indicates a lean administrative structure, which is a positive for efficiency. Given its nature as a trustee, the 'program' spending would likely be the distributions made in accordance with the trust's purpose, which isn't explicitly detailed in the provided summary but is implied by the consistent expenses.