Avis M Nye Charitable Tr
Avis M Nye Charitable Tr shows declining assets and consistent operating deficits over the past decade.
EIN: 20509966 · Manchester, NH · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $7K |
| Program Spending | 80% |
| Net Assets | $52K |
| Transparency Score | 70/100 |
Is Avis M Nye Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Avis M Nye Charitable Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Avis M Nye Charitable Tr
Avis M Nye Charitable Tr (EIN: 20509966) is a nonprofit organization based in Manchester, NH, classified under NTEE code B82. The organization reported total revenue of $12K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Avis M Nye Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Avis M Nye Charitable Tr is a micro nonprofit that has been operating for 26 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $7K |
| Surplus / Deficit | $-1,996 |
| Total Assets | $54K |
| Total Liabilities | $1K |
| Net Assets | $52K |
| Operating Margin | -41.9% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 95.3 months |
Financial Health Grade: B
In 2020, Avis M Nye Charitable Tr reported a deficit of $2K with expenses exceeding revenue, holds 95.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Avis M Nye Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +37.1% | +15.1% | -3.4% |
| 2019 | +125.4% | -25.9% | -25.6% |
| 2015 | -50.0% | -8.5% | +0.2% |
| 2014 | -58.0% | +11.7% | -6.9% |
| 2013 | +191.1% | +13.6% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Avis M Nye Charitable Tr 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Avis M Nye Charitable Tr allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers or trustees are receiving salaries from the trust. This is highly efficient for an organization of its size and mission.
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 Avis M Nye Charitable Tr's IRS 990 filings:
- Consistent decline in assets over the past decade (from $84,979 in 2011 to $53,254 currently).
- Expenses frequently exceed revenue (e.g., $6,761 expenses vs. $4,765 revenue in 2020), indicating an operating deficit.
Strengths
The following positive indicators were identified for Avis M Nye Charitable Tr:
- 0% officer compensation reported across all available filings, indicating highly efficient use of funds for governance.
- Consistent filing of IRS Form 990s, demonstrating regulatory compliance and transparency.
Frequently Asked Questions about Avis M Nye Charitable Tr
Is Avis M Nye Charitable Tr a legitimate charity?
Avis M Nye Charitable Tr (EIN: 20509966) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 70/100. It has 7 years of IRS 990 filings on record. Total revenue: $12K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Avis M Nye Charitable Tr spend its money?
Avis M Nye Charitable Tr directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Avis M Nye Charitable Tr tax-deductible?
Avis M Nye Charitable Tr is registered as a tax-exempt nonprofit (EIN: 20509966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Avis M Nye Charitable Tr compare to similar nonprofits?
With a transparency score of 70/100 (Good), Avis M Nye Charitable Tr is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Avis M Nye Charitable Tr located?
Avis M Nye Charitable Tr is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20509966. It is classified under NTEE code B82.
How many years of IRS 990 filings does Avis M Nye Charitable Tr have?
Avis M Nye Charitable Tr has 7 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 $12K in total revenue.
Is Avis M Nye Charitable Tr a good charity?
As a private charitable trust, its 'goodness' is relative to its intended purpose. It consistently reports 0% officer compensation, which is excellent for efficiency. However, its declining asset base and consistent spending exceeding revenue (e.g., $4,765 revenue vs. $6,761 expenses in 2020) suggest it may be spending down its principal, which could limit its long-term impact.
What is the long-term financial outlook for Avis M Nye Charitable Tr?
The long-term financial outlook shows a consistent decline in assets, from $84,979 in 2011 to $53,254 currently. With expenses frequently exceeding revenue, the trust appears to be drawing down its principal. This trend suggests a finite operational lifespan unless new significant endowments or revenue sources are secured.
How transparent is Avis M Nye Charitable Tr?
The trust demonstrates good transparency by consistently filing its IRS Form 990s, with 7 filings available. The 0% officer compensation is also clearly reported. However, without more detailed breakdowns of expenses beyond total expenses, a full assessment of operational transparency is limited.
Filing History
IRS 990 filing history for Avis M Nye Charitable Tr showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Avis M Nye Charitable Tr's revenue has grown by 110.1%, moving from $2K to $5K. Total assets decreased by 36.8% over the same period, from $85K to $54K. Total functional expenses fell by 27%, from $9K to $7K. In its most recent filing year (2020), Avis M Nye Charitable Tr reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1K in liabilities against $54K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $5K | $7K | $54K | $1K | — | — |
| 2019 | $3K | $6K | $56K | $1K | — | View 990 |
| 2015 | $2K | $8K | $75K | $7K | — | View 990 |
| 2014 | $3K | $9K | $75K | $1 | — | View 990 |
| 2013 | $7K | $8K | $80K | $1 | — | View 990 |
| 2012 | $3K | $7K | $81K | $1 | — | View 990 |
| 2011 | $2K | $9K | $85K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $5K, expenses of $7K, and assets of $54K (revenue +37.1% year-over-year).
- 2019: Revenue of $3K, expenses of $6K, and assets of $56K (revenue +125.4% year-over-year).
- 2015: Revenue of $2K, expenses of $8K, and assets of $75K (revenue -50.0% year-over-year).
- 2014: Revenue of $3K, expenses of $9K, and assets of $75K (revenue -58.0% year-over-year).
- 2013: Revenue of $7K, expenses of $8K, and assets of $80K (revenue +191.1% year-over-year).
- 2012: Revenue of $3K, expenses of $7K, and assets of $81K (revenue +11.5% year-over-year).
- 2011: Revenue of $2K, expenses of $9K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Avis M Nye Charitable Tr:
Data Sources and Methodology
This transparency report for Avis M Nye 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.