Quick charity verification for Thomas M & Marion W Goodall Trust (EIN: 16072679)
Verdict: Thomas M & Marion W Goodall Trust appears trustworthy
85/100Mission Score
$159KRevenue
$445KAssets
2Red Flags
5Strengths
Red Flags
NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to understand the organization's mission and compare its financial performance to peers.
No Officer Compensation: While seemingly positive, zero officer compensation for an organization with consistent operations and assets over $400,000 is unusual and could indicate services are provided pro bono or through an undisclosed arrangement.
Strengths
Strong Asset Base: Consistently maintains assets over $400,000, indicating financial stability and capacity.
Minimal Liabilities: Liabilities are consistently reported as $0 or $1, demonstrating excellent financial management and low debt.
No Officer Compensation: Funds are not used for executive salaries, potentially maximizing resources for the mission.
Consistent Filing History: A long history of IRS 990 filings (12 filings) indicates transparency and compliance.
Positive Net Income: Frequently generates more revenue than expenses, contributing to asset growth and sustainability (e.g., 202308: Revenue $77,335 vs. Expenses $36,642).
Spending Breakdown
How Thomas M & Marion W Goodall 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 Thomas M & Marion W Goodall Trust
Is Thomas M & Marion W Goodall Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Thomas M & Marion W Goodall Trust (EIN: 16072679) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Thomas M & Marion W Goodall Trust a good charity to donate to?
Thomas M & Marion W Goodall Trust has a Mission Score of 85/100. Revenue: $159K. Assets: $445K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Thomas M & Marion W Goodall Trust?
The Employer Identification Number (EIN) for Thomas M & Marion W Goodall Trust is 16072679. 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 Thomas M & Marion W Goodall Trust spend its money?
Thomas M & Marion W Goodall Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Thomas M & Marion W Goodall Trust's tax-exempt status?
You can verify Thomas M & Marion W Goodall Trust's tax-exempt status using EIN 16072679 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 Thomas M & Marion W Goodall Trust demonstrates consistent financial stability with a healthy asset base relative to its revenue and expenses. Over the past several years, the trust has maintained assets well over $400,000, reaching $445,690 in the 202408 period. Its revenue has fluctuated, with a notable peak of $77,335 in 202308, but expenses have remained relatively stable, typically in the $28,000-$36,000 range. This indicates a predictable operational cost structure.
The organization's spending efficiency appears strong, as evidenced by its consistent ability to cover expenses, often with a surplus, and its minimal liabilities (consistently $0 or $1). The absence of officer compensation reported across all filings suggests that administrative costs are likely very low, contributing to a high proportion of funds available for programmatic activities, although specific program spending details are not provided in the summary data. The trust's financial health is robust, with a solid asset foundation and controlled spending.
Transparency is high regarding executive compensation, as no officer compensation has been reported in any of the provided filings. The consistent filing of IRS Form 990s over many years also indicates a commitment to public disclosure. However, without a detailed breakdown of expenses beyond officer compensation, it's challenging to fully assess the allocation of funds between programs, administration, and fundraising. The NTEE code being unknown also limits understanding of its specific mission area.