Al Amin Trust Fund
EIN: 466935518 · Columbia, SC · NTEE: X40
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $385K |
| Net Assets | $388K |
Is Al Amin Trust Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Al Amin Trust Fund
Al Amin Trust Fund (EIN: 466935518) is a nonprofit organization based in Columbia, SC, classified under NTEE code X40. The organization reported total revenue of $98K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Al Amin Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Al Amin Trust Fund is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $350K |
| Total Expenses | $385K |
| Surplus / Deficit | $-34,645 |
| Total Assets | $547K |
| Total Liabilities | $160K |
| Net Assets | $388K |
| Operating Margin | -9.9% |
| Debt-to-Asset Ratio | 29.2% |
| Months of Reserves | 17.1 months |
Financial Health Grade: B
In 2023, Al Amin Trust Fund reported a deficit of $35K with expenses exceeding revenue, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 29.2% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Al Amin Trust Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.4% | -24.0% | -6.9% |
| 2022 | -73.2% | -21.7% | -26.2% |
| 2021 | +41.6% | +0.7% | +140.4% |
| 2020 | -19.8% | -48.4% | +1357.2% |
| 2019 | -37.8% | -24.3% | -92.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Al Amin Trust Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Al Amin Trust Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.2%.
Frequently Asked Questions about Al Amin Trust Fund
Is Al Amin Trust Fund a legitimate charity?
Al Amin Trust Fund (EIN: 466935518) is a registered tax-exempt nonprofit based in South Carolina. It has 8 years of IRS 990 filings on record. Total revenue: $98K. No red flags identified. Financial health grade: B.
How does Al Amin Trust Fund spend its money?
Al Amin Trust Fund reported $98K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Al Amin Trust Fund tax-deductible?
Al Amin Trust Fund is registered as a tax-exempt nonprofit (EIN: 466935518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Al Amin Trust Fund located?
Al Amin Trust Fund is headquartered in Columbia, South Carolina and files with the IRS under EIN 466935518. It is classified under NTEE code X40.
How many years of IRS 990 filings does Al Amin Trust Fund have?
Al Amin Trust Fund has 8 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 $98K in total revenue.
Filing History
IRS 990 filing history for Al Amin Trust Fund showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Al Amin Trust Fund's revenue has declined by 24.3%, moving from $463K to $350K. Total assets increased by 2444.2% over the same period, from $22K to $547K. Total functional expenses fell by 16.3%, from $460K to $385K. In its most recent filing year (2023), Al Amin Trust Fund reported a deficit of $35K, with expenses exceeding revenue. The organization holds $160K in liabilities against $547K in assets (debt-to-asset ratio: 29.2%), resulting in net assets of $388K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $350K | $385K | $547K | $160K | — | — |
| 2022 | $298K | $506K | $588K | $165K | — | View 990 |
| 2021 | $1.1M | $647K | $796K | $165K | — | View 990 |
| 2020 | $785K | $642K | $331K | $165K | — | View 990 |
| 2019 | $980K | $1.2M | $23K | $0 | — | View 990 |
| 2018 | $1.6M | $1.6M | $287K | $0 | — | View 990 |
| 2017 | $1.3M | $956K | $354K | $0 | — | View 990 |
| 2016 | $463K | $460K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $350K, expenses of $385K, and assets of $547K (revenue +17.4% year-over-year).
- 2022: Revenue of $298K, expenses of $506K, and assets of $588K (revenue -73.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $647K, and assets of $796K (revenue +41.6% year-over-year).
- 2020: Revenue of $785K, expenses of $642K, and assets of $331K (revenue -19.8% year-over-year).
- 2019: Revenue of $980K, expenses of $1.2M, and assets of $23K (revenue -37.8% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $287K (revenue +22.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $956K, and assets of $354K (revenue +178.4% year-over-year).
- 2016: Revenue of $463K, expenses of $460K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Al Amin Trust Fund:
Data Sources and Methodology
This transparency report for Al Amin Trust Fund 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.