Barbara Merrick Hawkins Test Charitable Tr
Barbara Merrick Hawkins Test Charitable Tr consistently spends more than its revenue, drawing down on its substantial asset base.
EIN: 200482010 · Lafayette, IN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $963K |
| Total Expenses | $426K |
| Program Spending | 90% |
| Net Assets | $6.6M |
| Transparency Score | 70/100 |
Is Barbara Merrick Hawkins Test Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barbara Merrick Hawkins Test Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barbara Merrick Hawkins Test Charitable Tr
Barbara Merrick Hawkins Test Charitable Tr (EIN: 200482010) is a nonprofit organization based in Lafayette, IN. The organization reported total revenue of $963K and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barbara Merrick Hawkins Test Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barbara Merrick Hawkins Test Charitable Tr is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $376K |
| Total Expenses | $426K |
| Surplus / Deficit | $-49,367 |
| Total Assets | $6.6M |
| Total Liabilities | $1 |
| Net Assets | $6.6M |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 185.0 months |
Financial Health Grade: B
In 2023, Barbara Merrick Hawkins Test Charitable Tr reported a deficit of $49K with expenses exceeding revenue, holds 185.0 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), Barbara Merrick Hawkins Test Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | -6.0% | +7.9% |
| 2022 | -14.7% | -7.5% | -12.7% |
| 2021 | +12.8% | +2.0% | +1.0% |
| 2020 | +55.7% | -0.6% | -3.5% |
| 2019 | -30.2% | +30.7% | +77.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Barbara Merrick Hawkins Test 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Barbara Merrick Hawkins Test Charitable Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive sign for minimizing overhead.
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 Barbara Merrick Hawkins Test Charitable Tr's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $425,695 expenses vs. $376,328 revenue in 2023.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting transparency into spending efficiency.
Strengths
The following positive indicators were identified for Barbara Merrick Hawkins Test Charitable Tr:
- Zero officer compensation reported across all filings, indicating efficient leadership cost management.
- Substantial and stable asset base, ranging from $3.8 million to $7.1 million, providing long-term financial stability.
- Extremely low liabilities, consistently reported as $1, suggesting strong financial health regarding debt.
Frequently Asked Questions about Barbara Merrick Hawkins Test Charitable Tr
Is Barbara Merrick Hawkins Test Charitable Tr a legitimate charity?
Barbara Merrick Hawkins Test Charitable Tr (EIN: 200482010) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $963K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Barbara Merrick Hawkins Test Charitable Tr spend its money?
Barbara Merrick Hawkins Test Charitable Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Barbara Merrick Hawkins Test Charitable Tr tax-deductible?
Barbara Merrick Hawkins Test Charitable Tr is registered as a tax-exempt nonprofit (EIN: 200482010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Barbara Merrick Hawkins Test Charitable Tr located?
Barbara Merrick Hawkins Test Charitable Tr is headquartered in Lafayette, Indiana and files with the IRS under EIN 200482010.
How many years of IRS 990 filings does Barbara Merrick Hawkins Test Charitable Tr have?
Barbara Merrick Hawkins Test 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 $963K in total revenue.
What are the specific program activities funded by the trust?
The provided data does not detail the specific program activities. Further investigation into the full IRS 990 forms would be necessary to understand the trust's programmatic focus.
Why has the organization consistently spent more than its revenue in recent years?
From 2019 to 2023, the organization's expenses have exceeded its revenue. This could be due to strategic spending from its endowment, market fluctuations impacting investment income, or a planned draw-down of assets to fulfill its charitable purpose. For instance, in 2023, expenses were $425,695 while revenue was $376,328.
What is the nature of the 'Liabilities=$1' reported in most filings?
The consistent reporting of 'Liabilities=$1' across multiple years is unusual and typically indicates a nominal placeholder or a specific accounting practice for a very minor outstanding obligation. It suggests the organization has virtually no significant liabilities.
Filing History
IRS 990 filing history for Barbara Merrick Hawkins Test Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Barbara Merrick Hawkins Test Charitable Tr's revenue has declined by 8.3%, moving from $410K to $376K. Total assets increased by 72.4% over the same period, from $3.8M to $6.6M. Total functional expenses rose by 11.5%, from $382K to $426K. In its most recent filing year (2023), Barbara Merrick Hawkins Test Charitable Tr reported a deficit of $49K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $376K | $426K | $6.6M | $1 | — | — |
| 2022 | $399K | $453K | $6.1M | $1 | — | View 990 |
| 2021 | $468K | $489K | $7.0M | $1 | — | View 990 |
| 2020 | $415K | $480K | $6.9M | $1 | — | View 990 |
| 2019 | $266K | $482K | $7.2M | $1 | — | — |
| 2015 | $382K | $369K | $4.0M | $1 | — | View 990 |
| 2014 | $366K | $357K | $4.1M | $1 | — | View 990 |
| 2013 | $372K | $396K | $4.1M | $1 | — | View 990 |
| 2012 | $288K | $353K | $4.1M | $1 | — | View 990 |
| 2011 | $410K | $382K | $3.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $376K, expenses of $426K, and assets of $6.6M (revenue -5.7% year-over-year).
- 2022: Revenue of $399K, expenses of $453K, and assets of $6.1M (revenue -14.7% year-over-year).
- 2021: Revenue of $468K, expenses of $489K, and assets of $7.0M (revenue +12.8% year-over-year).
- 2020: Revenue of $415K, expenses of $480K, and assets of $6.9M (revenue +55.7% year-over-year).
- 2019: Revenue of $266K, expenses of $482K, and assets of $7.2M (revenue -30.2% year-over-year).
- 2015: Revenue of $382K, expenses of $369K, and assets of $4.0M (revenue +4.2% year-over-year).
- 2014: Revenue of $366K, expenses of $357K, and assets of $4.1M (revenue -1.7% year-over-year).
- 2013: Revenue of $372K, expenses of $396K, and assets of $4.1M (revenue +29.0% year-over-year).
- 2012: Revenue of $288K, expenses of $353K, and assets of $4.1M (revenue -29.7% year-over-year).
- 2011: Revenue of $410K, expenses of $382K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barbara Merrick Hawkins Test Charitable Tr:
Data Sources and Methodology
This transparency report for Barbara Merrick Hawkins Test 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.