Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940
Benjamin Fuller & Harriet Williams Memorial Trust maintains stable assets with minimal liabilities and no officer compensation.
EIN: 16008548 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $33K |
| Program Spending | 80% |
| Net Assets | $513K |
| Transparency Score | 70/100 |
Is Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 (EIN: 16008548) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $404K and total assets of $612K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 is a small nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $33K |
| Surplus / Deficit | $-20,680 |
| Total Assets | $513K |
| Total Liabilities | $1 |
| Net Assets | $513K |
| Operating Margin | -169.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 187.5 months |
Financial Health Grade: B
In 2024, Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 reported a deficit of $21K with expenses exceeding revenue, holds 187.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2024), Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -28.1% | -6.9% | -4.1% |
| 2023 | -61.6% | -9.8% | -3.3% |
| 2022 | -41.0% | +5.4% | +0.9% |
| 2021 | +55.7% | -1.0% | +7.4% |
| 2020 | +12.1% | +6.7% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 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, Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led structure or reliance on external, non-compensated management, which is common for small trusts.
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 Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940's IRS 990 filings:
- Unknown NTEE code makes programmatic assessment difficult
- Lack of detailed expense breakdown (program vs. admin) in summary data
Strengths
The following positive indicators were identified for Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940:
- Consistent financial reporting (12 filings)
- Zero officer compensation, indicating lean overhead for leadership
- Minimal liabilities ($0-$1) across all reported periods
- Consistent asset growth over time, from $64,455 in 2013 to $513,481 in 2024
Frequently Asked Questions about Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940
Is Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 a legitimate charity?
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 (EIN: 16008548) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $404K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 spend its money?
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 tax-deductible?
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 is registered as a tax-exempt nonprofit (EIN: 16008548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 located?
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 is headquartered in Augusta, Maine and files with the IRS under EIN 16008548.
How many years of IRS 990 filings does Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 have?
Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 has 12 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 $404K in total revenue.
What is the specific mission or purpose of this trust?
The provided data does not specify the exact mission or purpose of the Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940. Its NTEE code is unknown, which makes it difficult to determine its programmatic focus.
How does the trust utilize its assets and revenue for its stated purpose?
Without detailed expense breakdowns, it's challenging to determine how the trust's assets and revenue are specifically utilized. The consistent expenses, often lower than revenue (except in 2024 and 2023), suggest asset growth and potentially grant-making or other distributions.
Why was there a significant revenue spike in 2015 and 2024?
The revenue spike in 2015 ($419,646) and the 'Latest Revenue' of $404,364 (which likely pertains to a recent period) could be due to large donations, investment gains, or a significant asset transfer. The provided data does not offer specific reasons for these fluctuations.
Filing History
IRS 990 filing history for Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940's revenue has grown by 399.8%, moving from $2K to $12K. Total assets increased by 647.4% over the same period, from $69K to $513K. Total functional expenses rose by 491.7%, from $6K to $33K. In its most recent filing year (2024), Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1 in liabilities against $513K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $513K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $12K | $33K | $513K | $1 | — | — |
| 2023 | $17K | $35K | $535K | $1 | — | — |
| 2022 | $44K | $39K | $554K | $1 | — | — |
| 2021 | $75K | $37K | $549K | $1 | — | — |
| 2020 | $48K | $38K | $511K | $1 | — | — |
| 2019 | $43K | $35K | $500K | $0 | — | View 990 |
| 2016 | $8K | $20K | $487K | $0 | — | View 990 |
| 2015 | $420K | $6K | $499K | $0 | — | View 990 |
| 2014 | $27K | $5K | $86K | $0 | — | View 990 |
| 2013 | $4K | $6K | $64K | $0 | — | View 990 |
| 2012 | $3K | $5K | $66K | $0 | — | View 990 |
| 2011 | $2K | $6K | $69K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $12K, expenses of $33K, and assets of $513K (revenue -28.1% year-over-year).
- 2023: Revenue of $17K, expenses of $35K, and assets of $535K (revenue -61.6% year-over-year).
- 2022: Revenue of $44K, expenses of $39K, and assets of $554K (revenue -41.0% year-over-year).
- 2021: Revenue of $75K, expenses of $37K, and assets of $549K (revenue +55.7% year-over-year).
- 2020: Revenue of $48K, expenses of $38K, and assets of $511K (revenue +12.1% year-over-year).
- 2019: Revenue of $43K, expenses of $35K, and assets of $500K (revenue +462.2% year-over-year).
- 2016: Revenue of $8K, expenses of $20K, and assets of $487K (revenue -98.2% year-over-year).
- 2015: Revenue of $420K, expenses of $6K, and assets of $499K (revenue +1465.4% year-over-year).
- 2014: Revenue of $27K, expenses of $5K, and assets of $86K (revenue +580.4% year-over-year).
- 2013: Revenue of $4K, expenses of $6K, and assets of $64K (revenue +41.5% year-over-year).
- 2012: Revenue of $3K, expenses of $5K, and assets of $66K (revenue +14.1% year-over-year).
- 2011: Revenue of $2K, expenses of $6K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940:
Data Sources and Methodology
This transparency report for Benjamin Fuller & Harriet Williams Memorial Tr 10 10 123 0023940 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.