American Trust 33 11272 66 33 11512 98 Fbo
American Trust 33 11272 66 33 11512 98 Fbo shows inconsistent financial performance with recent operating deficits but no reported liabilities.
EIN: 136024454 · Wilmington, DE · NTEE: B43J · Updated: 2026-03-28
Is American Trust 33 11272 66 33 11512 98 Fbo Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Trust 33 11272 66 33 11512 98 Fbo directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Trust 33 11272 66 33 11512 98 Fbo
American Trust 33 11272 66 33 11512 98 Fbo (EIN: 136024454) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B43J. The organization reported total revenue of $6.4M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Trust 33 11272 66 33 11512 98 Fbo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Trust 33 11272 66 33 11512 98 Fbo is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-136,626 |
| Total Assets | $3.5M |
| Net Assets | $3.5M |
| Operating Margin | -2.0% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, American Trust 33 11272 66 33 11512 98 Fbo reported a deficit of $137K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), American Trust 33 11272 66 33 11512 98 Fbo's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | -36.0% | +0.6% |
| 2022 | -3.6% | +253.5% | -53.2% |
| 2021 | +62.6% | -28.2% | +142.4% |
| 2020 | -42.3% | -48.8% | -5.7% |
| 2019 | -15.7% | -5.1% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 American Trust 33 11272 66 33 11512 98 Fbo with a Mission Score of 70 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, American Trust 33 11272 66 33 11512 98 Fbo allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $137K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with revenues often exceeding several million dollars.
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 American Trust 33 11272 66 33 11512 98 Fbo's IRS 990 filings:
- Inconsistent financial performance with significant year-over-year fluctuations in revenue and expenses.
- Operating deficits in recent years (e.g., $3,929,455 in 2022 and $136,626 in 2023) indicate spending exceeding income.
- Consistent 0% officer compensation is highly unusual for an organization of this size and could mask compensation through other means or related entities.
Strengths
The following positive indicators were identified for American Trust 33 11272 66 33 11512 98 Fbo:
- Consistent filing of IRS Form 990s demonstrates transparency and compliance.
- Consistently reports $0 in liabilities, indicating a strong balance sheet free of debt.
- Significant asset base, with current assets at $5,583,945, providing financial stability.
- No reported officer compensation, suggesting a potential commitment to minimizing executive overhead.
Frequently Asked Questions about American Trust 33 11272 66 33 11512 98 Fbo
Is American Trust 33 11272 66 33 11512 98 Fbo a legitimate charity?
Based on AI analysis of IRS 990 filings, American Trust 33 11272 66 33 11512 98 Fbo (EIN: 136024454) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does American Trust 33 11272 66 33 11512 98 Fbo spend its money?
American Trust 33 11272 66 33 11512 98 Fbo directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Trust 33 11272 66 33 11512 98 Fbo tax-deductible?
American Trust 33 11272 66 33 11512 98 Fbo is registered as a tax-exempt nonprofit (EIN: 136024454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does the organization consistently report 0% officer compensation despite significant revenue?
The consistent reporting of 0% officer compensation across all 13 filings, even with revenues reaching over $11 million, suggests that the organization's leadership may be entirely volunteer-based, compensated by a related entity, or that compensation is structured in a way not reported as officer compensation on the 990.
What caused the significant expense increase in 2022, leading to a large operating deficit?
In 2022, expenses surged to $11,148,078 against revenues of $7,218,623, resulting in a deficit of nearly $4 million. The specific reasons for this substantial increase in expenses are not detailed in the provided data but warrant further investigation into program activities or other operational costs.
How does the organization manage to maintain $0 in liabilities despite operating deficits?
Despite experiencing operating deficits in several years, such as 2022 and 2023, the organization consistently reports $0 in liabilities. This suggests that deficits are covered by existing assets or other internal funding mechanisms rather than through borrowing or accumulating debt.
What is the primary nature of the organization's programs given its NTEE code B43J?
The NTEE code B43J (Trusts, Foundations, and Giving) indicates that American Trust 33 11272 66 33 11512 98 Fbo is likely involved in grant-making, managing endowments, or facilitating charitable giving, rather than direct service provision. This context is important for understanding its operational model and expense structure.
Filing History
IRS 990 filing history for American Trust 33 11272 66 33 11512 98 Fbo showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Trust 33 11272 66 33 11512 98 Fbo's revenue has grown by 17.7%, moving from $5.9M to $7.0M. Total assets decreased by 27% over the same period, from $4.8M to $3.5M. Total functional expenses rose by 94%, from $3.7M to $7.1M. In its most recent filing year (2023), American Trust 33 11272 66 33 11512 98 Fbo reported a deficit of $137K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $7.1M | $3.5M | $0 | — | — |
| 2022 | $7.2M | $11.1M | $3.5M | $0 | — | View 990 |
| 2021 | $7.5M | $3.2M | $7.4M | $0 | — | View 990 |
| 2020 | $4.6M | $4.4M | $3.0M | $0 | — | View 990 |
| 2019 | $8.0M | $8.6M | $3.2M | $0 | — | View 990 |
| 2018 | $9.5M | $9.0M | $3.1M | $0 | — | View 990 |
| 2017 | $4.7M | $4.9M | $2.5M | $0 | — | View 990 |
| 2016 | $3.9M | $3.3M | $3.0M | $0 | — | View 990 |
| 2015 | $3.5M | $4.0M | $2.3M | $0 | — | View 990 |
| 2014 | $11.2M | $11.7M | $2.7M | $0 | — | View 990 |
| 2013 | $5.7M | $5.5M | $2.7M | $6 | — | View 990 |
| 2012 | $3.6M | $4.6M | $2.9M | $0 | — | View 990 |
| 2011 | $5.9M | $3.7M | $4.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $7.1M, and assets of $3.5M (revenue -3.1% year-over-year).
- 2022: Revenue of $7.2M, expenses of $11.1M, and assets of $3.5M (revenue -3.6% year-over-year).
- 2021: Revenue of $7.5M, expenses of $3.2M, and assets of $7.4M (revenue +62.6% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.4M, and assets of $3.0M (revenue -42.3% year-over-year).
- 2019: Revenue of $8.0M, expenses of $8.6M, and assets of $3.2M (revenue -15.7% year-over-year).
- 2018: Revenue of $9.5M, expenses of $9.0M, and assets of $3.1M (revenue +100.9% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.9M, and assets of $2.5M (revenue +20.2% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.3M, and assets of $3.0M (revenue +10.4% year-over-year).
- 2015: Revenue of $3.5M, expenses of $4.0M, and assets of $2.3M (revenue -68.4% year-over-year).
- 2014: Revenue of $11.2M, expenses of $11.7M, and assets of $2.7M (revenue +98.5% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.5M, and assets of $2.7M (revenue +56.1% year-over-year).
- 2012: Revenue of $3.6M, expenses of $4.6M, and assets of $2.9M (revenue -38.9% year-over-year).
- 2011: Revenue of $5.9M, expenses of $3.7M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Trust 33 11272 66 33 11512 98 Fbo:
Data Sources and Methodology
This transparency report for American Trust 33 11272 66 33 11512 98 Fbo 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.