Is Samuel C Butler Charitable Trust Ua Dtd 121985 Legit?

Quick charity verification for Samuel C Butler Charitable Trust Ua Dtd 121985 (EIN: 136870361)

Verdict: Samuel C Butler Charitable Trust Ua Dtd 121985 appears trustworthy

75/100Mission Score
$1.0MRevenue
$2.9MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Samuel C Butler Charitable Trust Ua Dtd 121985 appears to be a private foundation or trust, given its structure and lack of officer compensation. Its financial health shows significant fluctuations in revenue and expenses over the years. For instance, in 2022, it reported revenue of $28,652 against expenses of $784,881, indicating a substantial deficit for that period. However, its assets have grown considerably, from $237,747 in 2011 to $1,622,258 in 2022, and a reported latest asset value of $2,898,117, suggesting effective asset management despite operational deficits in some years. The trust consistently reports $0 in officer compensation, which is a positive indicator for donor confidence regarding executive pay. The spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not explicitly provided in the summary data. However, the large expense figures in certain years (e.g., $784,881 in 2022) suggest significant distributions or grant-making activities, which would align with a charitable trust's purpose. The consistent reporting of liabilities at $0 or $1 across multiple years indicates a healthy balance sheet with minimal debt. Transparency is generally good, with regular IRS 990 filings available, though the NTEE code is unknown, which slightly hinders understanding its specific charitable focus.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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