Consistent annual expenses exceeding revenue, indicating reliance on asset drawdowns rather than sustainable operating income.
Strengths
Strong asset base, consistently over $4 million, providing long-term stability.
Zero reported officer compensation, indicating highly efficient administrative spending.
No reported liabilities across all filing periods, demonstrating excellent financial health.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How Weaver Parrish Charitable 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 Weaver Parrish Charitable Trust
Is Weaver Parrish Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Weaver Parrish Charitable Trust (EIN: 205435778) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Weaver Parrish Charitable Trust a good charity to donate to?
Weaver Parrish Charitable Trust has a Mission Score of 85/100. Revenue: $1.5M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Weaver Parrish Charitable Trust?
The Employer Identification Number (EIN) for Weaver Parrish Charitable Trust is 205435778. 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 Weaver Parrish Charitable Trust spend its money?
Weaver Parrish Charitable Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Weaver Parrish Charitable Trust's tax-exempt status?
You can verify Weaver Parrish Charitable Trust's tax-exempt status using EIN 205435778 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 Weaver Parrish Charitable Trust demonstrates consistent financial stability with substantial assets, averaging over $4.5 million in recent years. However, a notable trend is that expenses have consistently exceeded revenue in most recent periods, such as in 2023 where expenses were $277,952 against revenues of $154,788, and in 2022 with expenses of $295,550 against revenues of $163,156. This indicates the trust is drawing down on its principal or prior accumulated surpluses to cover its annual distributions and operational costs. The organization reports 0% officer compensation, which suggests a lean administrative structure or reliance on volunteer leadership, contributing to efficient use of funds. The absence of liabilities across all reported periods further underscores a strong financial position and responsible management.