Alvin J Perry Residuary Educational And Charitable Tr
EIN: 386662250 · Detroit, MI · NTEE: T50Z
| Metric | Value |
|---|---|
| Total Revenue | $614K |
| Total Expenses | $407K |
| Net Assets | $2.0M |
Is Alvin J Perry Residuary Educational And Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alvin J Perry Residuary Educational And Charitable Tr
Alvin J Perry Residuary Educational And Charitable Tr (EIN: 386662250) is a nonprofit organization based in Detroit, MI, classified under NTEE code T50Z. The organization reported total revenue of $614K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alvin J Perry Residuary Educational And Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alvin J Perry Residuary Educational And Charitable Tr is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $539K |
| Total Expenses | $407K |
| Surplus / Deficit | +$132K |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | 24.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 58.0 months |
Financial Health Grade: A
In 2023, Alvin J Perry Residuary Educational And Charitable Tr reported a surplus of $132K with revenue exceeding expenses, holds 58.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Alvin J Perry Residuary Educational And Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +183.7% | +0.6% | +7.2% |
| 2022 | +124.7% | +72.2% | -10.5% |
| 2021 | -22.9% | -2.4% | -6.8% |
| 2020 | -6.0% | -2.7% | -5.6% |
| 2019 | -20.4% | -1.2% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alvin J Perry Residuary Educational And Charitable Tr 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 Alvin J Perry Residuary Educational And Charitable Tr 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 surplus of $132K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Alvin J Perry Residuary Educational And Charitable Tr
Is Alvin J Perry Residuary Educational And Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Alvin J Perry Residuary Educational And Charitable Tr (EIN: 386662250) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alvin J Perry Residuary Educational And Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Alvin J Perry Residuary Educational And Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Alvin J Perry Residuary Educational And Charitable Tr tax-deductible?
Alvin J Perry Residuary Educational And Charitable Tr is registered as a tax-exempt nonprofit (EIN: 386662250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alvin J Perry Residuary Educational And Charitable Tr located?
Alvin J Perry Residuary Educational And Charitable Tr is headquartered in Detroit, Michigan and files with the IRS under EIN 386662250. It is classified under NTEE code T50Z.
How many years of IRS 990 filings does Alvin J Perry Residuary Educational And Charitable Tr have?
Alvin J Perry Residuary Educational And Charitable Tr has 10 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 $614K in total revenue.
Filing History
IRS 990 filing history for Alvin J Perry Residuary Educational And Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alvin J Perry Residuary Educational And Charitable Tr's revenue has grown by 139.6%, moving from $225K to $539K. Total assets decreased by 43.9% over the same period, from $3.5M to $2.0M. Total functional expenses rose by 146.1%, from $165K to $407K. In its most recent filing year (2023), Alvin J Perry Residuary Educational And Charitable Tr reported a surplus of $132K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $539K | $407K | $2.0M | $1 | — | — |
| 2022 | $190K | $404K | $1.8M | $1 | — | View 990 |
| 2021 | $85K | $235K | $2.1M | $1 | — | View 990 |
| 2020 | $110K | $241K | $2.2M | $1 | — | — |
| 2019 | $117K | $247K | $2.3M | $1 | — | View 990 |
| 2015 | $147K | $250K | $2.9M | $0 | — | View 990 |
| 2014 | $124K | $251K | $3.0M | $1 | — | View 990 |
| 2013 | $145K | $358K | $3.1M | $1 | — | View 990 |
| 2012 | $111K | $319K | $3.3M | $1 | — | View 990 |
| 2011 | $225K | $165K | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $539K, expenses of $407K, and assets of $2.0M (revenue +183.7% year-over-year).
- 2022: Revenue of $190K, expenses of $404K, and assets of $1.8M (revenue +124.7% year-over-year).
- 2021: Revenue of $85K, expenses of $235K, and assets of $2.1M (revenue -22.9% year-over-year).
- 2020: Revenue of $110K, expenses of $241K, and assets of $2.2M (revenue -6.0% year-over-year).
- 2019: Revenue of $117K, expenses of $247K, and assets of $2.3M (revenue -20.4% year-over-year).
- 2015: Revenue of $147K, expenses of $250K, and assets of $2.9M (revenue +17.9% year-over-year).
- 2014: Revenue of $124K, expenses of $251K, and assets of $3.0M (revenue -14.0% year-over-year).
- 2013: Revenue of $145K, expenses of $358K, and assets of $3.1M (revenue +30.8% year-over-year).
- 2012: Revenue of $111K, expenses of $319K, and assets of $3.3M (revenue -50.8% year-over-year).
- 2011: Revenue of $225K, expenses of $165K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alvin J Perry Residuary Educational And Charitable Tr:
Data Sources and Methodology
This transparency report for Alvin J Perry Residuary Educational And Charitable Tr 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.