Abhe & Svoboda Inc Health And Welfare Trust
Abhe & Svoboda Inc Health And Welfare Trust consistently operates with no officer compensation, experiencing fluctuating annual surpluses and deficits.
EIN: 200005676 · Jordan, MN · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $27K |
| Transparency Score | 85/100 |
Is Abhe & Svoboda Inc Health And Welfare Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Abhe & Svoboda Inc Health And Welfare Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abhe & Svoboda Inc Health And Welfare Trust
Abhe & Svoboda Inc Health And Welfare Trust (EIN: 200005676) is a nonprofit organization based in Jordan, MN, classified under NTEE code Y43. The organization reported total revenue of $1.8M and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abhe & Svoboda Inc Health And Welfare Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abhe & Svoboda Inc Health And Welfare Trust is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-102,965 |
| Total Assets | $492K |
| Total Liabilities | $465K |
| Net Assets | $27K |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 94.5% |
| Months of Reserves | 3.0 months |
Financial Health Grade: C
In 2023, Abhe & Svoboda Inc Health And Welfare Trust reported a deficit of $103K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 94.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Abhe & Svoboda Inc Health And Welfare Trust's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | -6.3% | +7.6% |
| 2022 | -11.0% | +11.4% | -2.4% |
| 2021 | +4.5% | -19.1% | +25.0% |
| 2020 | -11.6% | -18.0% | -54.4% |
| 2019 | -25.7% | -3.3% | -46.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abhe & Svoboda Inc Health And Welfare Trust with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Abhe & Svoboda Inc Health And Welfare Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $103K, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the trust, which is highly favorable for minimizing administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Abhe & Svoboda Inc Health And Welfare Trust's IRS 990 filings:
- Consistent annual deficits in recent years (e.g., $102,965 in 2023, $336,392 in 2022), indicating expenses exceeding revenue.
- Significant increase in liabilities in 2023 to $465,260, nearly matching the total assets of $492,381.
Strengths
The following positive indicators were identified for Abhe & Svoboda Inc Health And Welfare Trust:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive pay.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
- Stable revenue streams, consistently generating over $1.7 million annually for the past decade.
Frequently Asked Questions about Abhe & Svoboda Inc Health And Welfare Trust
Is Abhe & Svoboda Inc Health And Welfare Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Abhe & Svoboda Inc Health And Welfare Trust (EIN: 200005676) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Abhe & Svoboda Inc Health And Welfare Trust spend its money?
Abhe & Svoboda Inc Health And Welfare Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Abhe & Svoboda Inc Health And Welfare Trust tax-deductible?
Abhe & Svoboda Inc Health And Welfare Trust is registered as a tax-exempt nonprofit (EIN: 200005676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Abhe & Svoboda Inc Health And Welfare Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Abhe & Svoboda Inc Health And Welfare Trust is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Abhe & Svoboda Inc Health And Welfare Trust located?
Abhe & Svoboda Inc Health And Welfare Trust is headquartered in Jordan, Minnesota and files with the IRS under EIN 200005676. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Abhe & Svoboda Inc Health And Welfare Trust have?
Abhe & Svoboda Inc Health And Welfare Trust has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is Abhe & Svoboda Inc Health And Welfare Trust financially stable?
The trust demonstrates a fluctuating financial stability, with revenues and expenses generally balancing over time. While there have been deficits in recent years (e.g., $102,965 in 2023 and $336,392 in 2022), it has also experienced surpluses, suggesting a managed, albeit sometimes tight, financial position.
How efficient is Abhe & Svoboda Inc Health And Welfare Trust with its spending?
The trust appears efficient, particularly given the consistent 0% officer compensation reported across all filings. This indicates a strong commitment to directing funds towards its primary purpose rather than executive salaries. Without a detailed expense breakdown, a precise program spending ratio is difficult to ascertain, but the lack of officer pay is a significant positive.
What are the trends in the trust's assets and liabilities?
Assets have fluctuated, peaking around $1.5 million in 2017-2018 and currently at $492,381 in 2023. Liabilities have also varied, reaching $465,260 in 2023, indicating that a significant portion of current assets are offset by liabilities.
Filing History
IRS 990 filing history for Abhe & Svoboda Inc Health And Welfare Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Abhe & Svoboda Inc Health And Welfare Trust's revenue has grown by 7.7%, moving from $1.7M to $1.8M. Total assets decreased by 31.4% over the same period, from $718K to $492K. Total functional expenses rose by 35.2%, from $1.4M to $2.0M. In its most recent filing year (2023), Abhe & Svoboda Inc Health And Welfare Trust reported a deficit of $103K, with expenses exceeding revenue. The organization holds $465K in liabilities against $492K in assets (debt-to-asset ratio: 94.5%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.0M | $492K | $465K | — | View 990 |
| 2022 | $1.7M | $2.1M | $458K | $328K | — | View 990 |
| 2021 | $2.0M | $1.9M | $469K | $3K | — | View 990 |
| 2020 | $1.9M | $2.3M | $375K | $1K | — | — |
| 2019 | $2.1M | $2.8M | $824K | $15K | — | View 990 |
| 2018 | $2.9M | $2.9M | $1.5M | $19K | — | View 990 |
| 2017 | $3.0M | $2.7M | $1.6M | $386 | — | View 990 |
| 2016 | $2.4M | $2.0M | $1.2M | $4K | — | View 990 |
| 2015 | $2.3M | $2.2M | $801K | $4K | — | View 990 |
| 2014 | $1.7M | $1.7M | $609K | $3K | — | View 990 |
| 2013 | $2.1M | $2.0M | $626K | $0 | — | View 990 |
| 2012 | $1.7M | $1.7M | $616K | $0 | — | View 990 |
| 2011 | $1.7M | $1.4M | $718K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.0M, and assets of $492K (revenue +5.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.1M, and assets of $458K (revenue -11.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.9M, and assets of $469K (revenue +4.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.3M, and assets of $375K (revenue -11.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.8M, and assets of $824K (revenue -25.7% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.9M, and assets of $1.5M (revenue -5.2% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.7M, and assets of $1.6M (revenue +23.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.0M, and assets of $1.2M (revenue +3.9% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $801K (revenue +35.9% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $609K (revenue -15.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $626K (revenue +22.1% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $616K (revenue -2.0% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.4M, and assets of $718K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abhe & Svoboda Inc Health And Welfare Trust:
Data Sources and Methodology
This transparency report for Abhe & Svoboda Inc Health And Welfare Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.