Quick charity verification for Noteman Memorial Fund Trust (EIN: 136063390)
Verdict: Noteman Memorial Fund Trust appears trustworthy
85/100Mission Score
$4.8MRevenue
$8.5MAssets
2Red Flags
4Strengths
Red Flags
Expenses ($820,170) exceeded revenue ($502,631) in the most recent filing (202312), indicating an operational deficit for that period.
Revenue has shown a declining trend from a peak of over $1 million in 2020 to approximately $500,000 in 2023.
Strengths
Consistent asset growth, from $3,008,232 in 2011 to $5,412,532 in 2023, demonstrating long-term financial stability.
Zero officer compensation reported across all filings, indicating efficient use of funds and potentially volunteer leadership.
Extremely low liabilities ($0-$1) across all reported periods, suggesting strong financial management and minimal debt.
Strong asset base of $5,412,532 provides a buffer against operational fluctuations.
Spending Breakdown
How Noteman Memorial Fund Trust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Noteman Memorial Fund Trust
Is Noteman Memorial Fund Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Noteman Memorial Fund Trust (EIN: 136063390) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Noteman Memorial Fund Trust a good charity to donate to?
Noteman Memorial Fund Trust has a Mission Score of 85/100. Revenue: $4.8M. Assets: $8.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Noteman Memorial Fund Trust?
The Employer Identification Number (EIN) for Noteman Memorial Fund Trust is 136063390. 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 Noteman Memorial Fund Trust spend its money?
Noteman Memorial Fund Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Noteman Memorial Fund Trust's tax-exempt status?
You can verify Noteman Memorial Fund Trust's tax-exempt status using EIN 136063390 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 Noteman Memorial Fund Trust demonstrates consistent financial operations over the past decade, with assets steadily growing from $3,008,232 in 2011 to $5,412,532 in 2023. The organization consistently reports zero officer compensation, indicating a volunteer-led or externally managed structure, which can be a positive sign for donor confidence regarding executive pay. However, the most recent filing (202312) shows expenses ($820,170) exceeding revenue ($502,631), resulting in a deficit for that period. While this single-year deficit isn't immediately alarming given the substantial asset base, it warrants monitoring to ensure long-term sustainability.
The trust's NTEE code E110 suggests a focus on scholarships and financial aid, aligning with a memorial fund's typical mission. The consistent low liabilities ($0-$1) across all reported periods indicates strong financial management and a lack of significant debt. The absence of reported officer compensation also points to a high degree of transparency regarding executive pay, as there is none to disclose. Overall, the organization appears financially stable with a strong asset base, though recent operational deficits should be observed.