Quick charity verification for Robert W Traip Trust (EIN: 10242095)
Verdict: Robert W Traip Trust appears trustworthy
85/100Mission Score
$261KRevenue
$11.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $4.4M in 2014 to $11.2M currently.
Expenses consistently well below revenue, indicating strong financial management.
Zero reported officer compensation across all filings, suggesting high operational efficiency.
Long history of IRS 990 filings (12 filings), demonstrating consistent compliance and transparency.
Strong financial reserves with assets significantly outweighing liabilities (e.g., $9.6M assets vs. $626K liabilities in 202306).
Spending Breakdown
How Robert W Traip Trust allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Robert W Traip Trust
Is Robert W Traip Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert W Traip Trust (EIN: 10242095) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Robert W Traip Trust a good charity to donate to?
Robert W Traip Trust has a Mission Score of 85/100. Revenue: $261K. Assets: $11.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Robert W Traip Trust?
The Employer Identification Number (EIN) for Robert W Traip Trust is 10242095. 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 Robert W Traip Trust spend its money?
Robert W Traip Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Robert W Traip Trust's tax-exempt status?
You can verify Robert W Traip Trust's tax-exempt status using EIN 10242095 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 Robert W Traip Trust demonstrates consistent financial stability and growth in its asset base, reaching $11,205,450 in its latest filing. The organization consistently operates with expenses well below its revenue, indicating sound financial management and an ability to build reserves. For instance, in 202306, revenue was $152,821 against expenses of $93,904, and in 202206, revenue was $113,869 against expenses of $87,742. This pattern suggests a focus on long-term sustainability and endowment growth, which is typical for a trust. The absence of reported officer compensation across all filings indicates a lean operational structure, likely relying on volunteer efforts or external management, which contributes to efficiency.
However, without detailed breakdowns of program service expenses versus administrative and fundraising costs, it's challenging to fully assess spending efficiency. The NTEE code B99J (Other Education) suggests a program focus, but the 990 data provided does not offer granular detail on how the expenses are allocated. The consistent growth in assets, from $4,435,952 in 201406 to over $11 million currently, highlights effective asset management and investment strategies. The organization's transparency is good in terms of filing history and financial reporting, but more detailed expense categorization would enhance understanding of its programmatic impact.