Is P D Merrill Charitable Tr U A Dtd 11 02 06 Legit?
Quick charity verification for P D Merrill Charitable Tr U A Dtd 11 02 06 (EIN: 207312061)
Verdict: P D Merrill Charitable Tr U A Dtd 11 02 06 has notable concerns
30/100Mission Score
$22KRevenue
$1Assets
4Red Flags
2Strengths
Red Flags
Massive deficit in 2022 ($2,537,460 expenses vs. $21,552 revenue).
Dramatic reduction in assets from over $2.5 million in 2021 to $1 in 2022.
Unexplained financial instability and sudden change in financial position.
Lack of detailed expense breakdown to understand the nature of the $2.5 million spending in 2022.
Strengths
Consistent 0% officer compensation across all reported years.
Historically maintained significant asset levels (prior to 2022).
Spending Breakdown
How P D Merrill Charitable Tr U A Dtd 11 02 06 allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 P D Merrill Charitable Tr U A Dtd 11 02 06
Is P D Merrill Charitable Tr U A Dtd 11 02 06 a legitimate charity?
Based on AI analysis of IRS 990 filings, P D Merrill Charitable Tr U A Dtd 11 02 06 (EIN: 207312061) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
Is P D Merrill Charitable Tr U A Dtd 11 02 06 a good charity to donate to?
P D Merrill Charitable Tr U A Dtd 11 02 06 has a Mission Score of 30/100. Revenue: $22K. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for P D Merrill Charitable Tr U A Dtd 11 02 06?
The Employer Identification Number (EIN) for P D Merrill Charitable Tr U A Dtd 11 02 06 is 207312061. 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 P D Merrill Charitable Tr U A Dtd 11 02 06 spend its money?
P D Merrill Charitable Tr U A Dtd 11 02 06 allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify P D Merrill Charitable Tr U A Dtd 11 02 06's tax-exempt status?
You can verify P D Merrill Charitable Tr U A Dtd 11 02 06's tax-exempt status using EIN 207312061 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
P D Merrill Charitable Tr U A Dtd 11 02 06 exhibits highly unusual financial patterns, particularly in its most recent filing. In 2022, the organization reported only $21,552 in revenue but incurred $2,559,012 in expenses, resulting in a significant deficit. This is a drastic change from previous years where expenses were more aligned with or slightly exceeded revenue, and assets were in the millions. The current asset base of $1, down from over $2.5 million in 2021, raises serious questions about its financial stability and the disposition of its assets.
The organization's spending efficiency is difficult to assess without a detailed breakdown of its expenses, which are not provided in the summary data. However, the massive disparity between revenue and expenses in 2022, coupled with the near-zero asset base, suggests a potential winding down of operations or a significant financial event. The consistent reporting of 0% officer compensation across all filings indicates good practice regarding executive pay, but this alone does not offset the broader financial concerns.
Transparency is a concern given the dramatic shift in financial position. While the organization files its 990s, the summary data alone does not explain the sudden disappearance of assets and the massive deficit. Further investigation into the detailed 990 forms would be necessary to understand the nature of the $2.5 million in expenses in 2022 and the reason for the asset reduction to $1.