Beck Memorial Trust
EIN: 426187249 · Milwaukee, WI
| Metric | Value |
|---|---|
| Total Revenue | $544K |
| Total Expenses | $94K |
| Net Assets | $1.3M |
Is Beck Memorial Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beck Memorial Trust
Beck Memorial Trust (EIN: 426187249) is a nonprofit organization based in Milwaukee, WI. The organization reported total revenue of $544K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beck Memorial Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beck Memorial Trust is a small nonprofit that has been operating for 51 years, with 10 years of IRS 990 filings on record (2012–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $94K |
| Surplus / Deficit | $-38,290 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -68.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 160.3 months |
Financial Health Grade: B
In 2024, Beck Memorial Trust reported a deficit of $38K with expenses exceeding revenue, holds 160.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -62.0% | -9.3% | -3.0% |
| 2023 | +205.6% | +0.1% | +3.4% |
| 2022 | -28.4% | +11.6% | -4.3% |
| 2021 | +16.3% | -0.6% | -1.9% |
| 2020 | -14.3% | -2.5% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beck Memorial Trust 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 Beck Memorial Trust 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Beck Memorial Trust
Is Beck Memorial Trust a legitimate charity?
Beck Memorial Trust (EIN: 426187249) is a registered tax-exempt nonprofit based in Wisconsin. It has 10 years of IRS 990 filings on record. Total revenue: $544K. No red flags identified. Financial health grade: B.
How does Beck Memorial Trust spend its money?
Beck Memorial Trust reported $544K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Beck Memorial Trust tax-deductible?
Beck Memorial Trust is registered as a tax-exempt nonprofit (EIN: 426187249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beck Memorial Trust located?
Beck Memorial Trust is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 426187249.
How many years of IRS 990 filings does Beck Memorial Trust have?
Beck Memorial Trust 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 $544K in total revenue.
Filing History
IRS 990 filing history for Beck Memorial Trust showing financial trends over 10 years of public records:
Total assets decreased by 11.4% over the same period, from $1.4M to $1.3M. Total functional expenses rose by 4.5%, from $90K to $94K. In its most recent filing year (2024), Beck Memorial Trust reported a deficit of $38K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $56K | $94K | $1.3M | $1 | — | View 990 |
| 2023 | $146K | $104K | $1.3M | $1 | — | View 990 |
| 2022 | $48K | $103K | $1.3M | $1 | — | View 990 |
| 2021 | $67K | $93K | $1.3M | $1 | — | View 990 |
| 2020 | $58K | $93K | $1.3M | $1 | — | — |
| 2016 | $67K | $96K | $1.4M | $1 | — | View 990 |
| 2015 | $71K | $96K | $1.4M | $1 | — | View 990 |
| 2014 | $112K | $92K | $1.4M | $1 | — | View 990 |
| 2013 | $70K | $86K | $1.4M | $1 | — | View 990 |
| 2012 | $-8,489 | $90K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $56K, expenses of $94K, and assets of $1.3M (revenue -62.0% year-over-year).
- 2023: Revenue of $146K, expenses of $104K, and assets of $1.3M (revenue +205.6% year-over-year).
- 2022: Revenue of $48K, expenses of $103K, and assets of $1.3M (revenue -28.4% year-over-year).
- 2021: Revenue of $67K, expenses of $93K, and assets of $1.3M (revenue +16.3% year-over-year).
- 2020: Revenue of $58K, expenses of $93K, and assets of $1.3M (revenue -14.3% year-over-year).
- 2016: Revenue of $67K, expenses of $96K, and assets of $1.4M (revenue -5.7% year-over-year).
- 2015: Revenue of $71K, expenses of $96K, and assets of $1.4M (revenue -36.3% year-over-year).
- 2014: Revenue of $112K, expenses of $92K, and assets of $1.4M (revenue +59.0% year-over-year).
- 2013: Revenue of $70K, expenses of $86K, and assets of $1.4M.
- 2012: Revenue of $-8,489, expenses of $90K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beck Memorial Trust:
Data Sources and Methodology
This transparency report for Beck Memorial Trust 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.