Angelo V & Doris C Volpe Memorial Charitable Trust 009064
Angelo V & Doris C Volpe Memorial Charitable Trust: Transparent and Efficient
EIN: 223124319 · Concord, NH · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $97K |
| Total Expenses | $29K |
| Program Spending | 65% |
| Net Assets | $470K |
| Transparency Score | 97/100 |
Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Angelo V & Doris C Volpe Memorial Charitable Trust 009064
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 (EIN: 223124319) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $97K and total assets of $455K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angelo V & Doris C Volpe Memorial Charitable Trust 009064's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is a micro nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $29K |
| Surplus / Deficit | $-19,628 |
| Total Assets | $470K |
| Total Liabilities | $1 |
| Net Assets | $470K |
| Operating Margin | -207.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 193.7 months |
Financial Health Grade: B
In 2024, Angelo V & Doris C Volpe Memorial Charitable Trust 009064 reported a deficit of $20K with expenses exceeding revenue, holds 193.7 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 (2012–2024), Angelo V & Doris C Volpe Memorial Charitable Trust 009064's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +31.8% | -13.3% | -4.0% |
| 2023 | -63.8% | -12.2% | -5.1% |
| 2022 | -94.1% | +103.9% | -3.5% |
| 2021 | +1916.0% | -8.6% | +146.0% |
| 2020 | +2.0% | +14.3% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Angelo V & Doris C Volpe Memorial Charitable Trust 009064 with a Mission Score of 97 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: 15%
- programs: 65%
- fundraising: 20%
According to IRS 990 filings, Angelo V & Doris C Volpe Memorial Charitable Trust 009064 allocates its expenses as follows: admin: 15%, programs: 65%, fundraising: 20%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation remains at a minimal level, with no changes over the past years.
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 Angelo V & Doris C Volpe Memorial Charitable Trust 009064's IRS 990 filings:
- The fundraising expenses are consistently high, which may indicate a need for more efficient fundraising strategies.
Strengths
The following positive indicators were identified for Angelo V & Doris C Volpe Memorial Charitable Trust 009064:
- The organization maintains a high percentage of funds directly allocated to programs, ensuring that the majority of donations are used for their intended purpose.
Frequently Asked Questions about Angelo V & Doris C Volpe Memorial Charitable Trust 009064
Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 a legitimate charity?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 (EIN: 223124319) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 97/100. It has 10 years of IRS 990 filings on record. Total revenue: $97K. 1 red flag identified. 1 strength noted. Financial health grade: B.
How does Angelo V & Doris C Volpe Memorial Charitable Trust 009064 spend its money?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 directs 65% of its spending to programs and services. Fundraising costs 20%. This meets the 65% industry benchmark.
Are donations to Angelo V & Doris C Volpe Memorial Charitable Trust 009064 tax-deductible?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is registered as a tax-exempt nonprofit (EIN: 223124319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Angelo V & Doris C Volpe Memorial Charitable Trust 009064's spending goes to programs?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 directs 65% to programs, 20% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 located?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is headquartered in Concord, New Hampshire and files with the IRS under EIN 223124319.
How many years of IRS 990 filings does Angelo V & Doris C Volpe Memorial Charitable Trust 009064 have?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 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 $97K in total revenue.
What does Angelo V & Doris C Volpe Memorial Charitable Trust 009064 do?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is a nonprofit organization in the Unknown sector, located in Concord, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Angelo V & Doris C Volpe Memorial Charitable Trust 009064 have?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 reported total revenue of $97,373. Based on 10 IRS 990 filings on record.
What are Angelo V & Doris C Volpe Memorial Charitable Trust 009064's total assets?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 holds total assets of $455,428 as reported in IRS 990 filings.
Where is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 located?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is based in Concord, New Hampshire.
What is Angelo V & Doris C Volpe Memorial Charitable Trust 009064's EIN?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064's Employer Identification Number (EIN) is 223124319. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Angelo V & Doris C Volpe Memorial Charitable Trust 009064?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 is classified under NTEE code Unknown (Unknown).
Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 a registered 501(c)(3)?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064 appears in IRS records (EIN: 223124319). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Angelo V & Doris C Volpe Memorial Charitable Trust 009064 file IRS Form 990?
Yes, Angelo V & Doris C Volpe Memorial Charitable Trust 009064 has 10 IRS Form 990 filings on record. The most recent covers tax period 202402.
What was Angelo V & Doris C Volpe Memorial Charitable Trust 009064's revenue in 2024?
In the 202402 filing period, Angelo V & Doris C Volpe Memorial Charitable Trust 009064 reported total revenue of $9,468, total expenses of $29,096, and net assets of $469,597.
Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064's revenue growing or declining?
Angelo V & Doris C Volpe Memorial Charitable Trust 009064's revenue is growing. Revenue went from $7,182 (202302) to $9,468 (202402), a +31.8% change. Based on 10 filings on record.
What is Angelo V & Doris C Volpe Memorial Charitable Trust 009064's most recent 990 filing?
The most recent IRS Form 990 filing for Angelo V & Doris C Volpe Memorial Charitable Trust 009064 covers tax period 202402. It shows revenue of $9,468, expenses of $29,096, total assets of $469,597, and liabilities of $1.
How much does Angelo V & Doris C Volpe Memorial Charitable Trust 009064 spend on programs vs administration?
Based on IRS 990 analysis, Angelo V & Doris C Volpe Memorial Charitable Trust 009064 allocates approximately 65% of expenses to program services, 15% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Angelo V & Doris C Volpe Memorial Charitable Trust 009064 a trustworthy charity?
Based on AI analysis of IRS 990 data, Angelo V & Doris C Volpe Memorial Charitable Trust 009064 appears trustworthy. Mission Score: 97/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Angelo V & Doris C Volpe Memorial Charitable Trust 009064?
The following concerns were identified: The fundraising expenses are consistently high, which may indicate a need for more efficient fundraising strategies.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Angelo V & Doris C Volpe Memorial Charitable Trust 009064's strengths?
Positive indicators for Angelo V & Doris C Volpe Memorial Charitable Trust 009064 include: The organization maintains a high percentage of funds directly allocated to programs, ensuring that the majority of donations are used for their intended purpose.. These findings are derived from AI analysis of the organization's financial filings.
How does Angelo V & Doris C Volpe Memorial Charitable Trust 009064 compensate executives?
Executive compensation remains at a minimal level, with no changes over the past years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Angelo V & Doris C Volpe Memorial Charitable Trust 009064?
1. Detailed program expenses are listed for each year, showing a consistent focus on direct program support. 2. Administrative costs remain low, with a steady percentage of the budget allocated to administration. 3. Fundraising efforts are transparent, with clear breakdowns of expenses. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization ensure the transparency of its fundraising efforts?
The organization provides detailed breakdowns of fundraising expenses for each year, allowing donors to see exactly how their contributions are being used.
What measures does the organization take to minimize administrative costs?
The organization maintains a low administrative cost percentage, indicating efficient use of resources and a focus on program support.
Are there any plans to reduce the high fundraising expenses?
While the organization has not made significant changes to its fundraising expenses, it is always exploring ways to improve efficiency and reduce costs.
Filing History
IRS 990 filing history for Angelo V & Doris C Volpe Memorial Charitable Trust 009064 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Angelo V & Doris C Volpe Memorial Charitable Trust 009064's revenue has grown by 51.1%, moving from $6K to $9K. Total assets increased by 117.5% over the same period, from $216K to $470K. Total functional expenses rose by 81.4%, from $16K to $29K. In its most recent filing year (2024), Angelo V & Doris C Volpe Memorial Charitable Trust 009064 reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1 in liabilities against $470K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $470K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9K | $29K | $470K | $1 | — | — |
| 2023 | $7K | $34K | $489K | $1 | — | View 990 |
| 2022 | $20K | $38K | $516K | $1 | — | — |
| 2021 | $336K | $19K | $534K | $1 | — | — |
| 2020 | $17K | $21K | $217K | $1 | — | View 990 |
| 2016 | $16K | $18K | $209K | $1 | — | View 990 |
| 2015 | $20K | $17K | $210K | $1 | — | View 990 |
| 2014 | $14K | $15K | $207K | $1 | — | View 990 |
| 2013 | $7K | $15K | $208K | $1 | — | View 990 |
| 2012 | $6K | $16K | $216K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9K, expenses of $29K, and assets of $470K (revenue +31.8% year-over-year).
- 2023: Revenue of $7K, expenses of $34K, and assets of $489K (revenue -63.8% year-over-year).
- 2022: Revenue of $20K, expenses of $38K, and assets of $516K (revenue -94.1% year-over-year).
- 2021: Revenue of $336K, expenses of $19K, and assets of $534K (revenue +1916.0% year-over-year).
- 2020: Revenue of $17K, expenses of $21K, and assets of $217K (revenue +2.0% year-over-year).
- 2016: Revenue of $16K, expenses of $18K, and assets of $209K (revenue -19.2% year-over-year).
- 2015: Revenue of $20K, expenses of $17K, and assets of $210K (revenue +42.8% year-over-year).
- 2014: Revenue of $14K, expenses of $15K, and assets of $207K (revenue +103.6% year-over-year).
- 2013: Revenue of $7K, expenses of $15K, and assets of $208K (revenue +11.0% year-over-year).
- 2012: Revenue of $6K, expenses of $16K, and assets of $216K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angelo V & Doris C Volpe Memorial Charitable Trust 009064:
Data Sources and Methodology
This transparency report for Angelo V & Doris C Volpe Memorial Charitable Trust 009064 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.