Bertha Bornstein Residue Trust

Bertha Bornstein Residue Trust consistently spends significantly more than its minimal revenue, depleting assets.

EIN: 16040761 · Montville, ME · Updated: 2026-03-28

$25Revenue

$3KAssets

10/100Mission Score (Very Poor)

About Bertha Bornstein Residue Trust

Bertha Bornstein Residue Trust (EIN: 16040761) is a nonprofit organization based in Montville, ME. The organization reported total revenue of $25 and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bertha Bornstein Residue Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Bertha Bornstein Residue Trust appears to be a very small organization, possibly a private trust, given its consistently low revenue and assets. In its latest filing (201912), the organization reported revenue of only $25, while incurring expenses of $37,308, indicating a significant deficit spending that far outstrips its income. This trend of expenses vastly exceeding revenue is consistent across all available filings, suggesting that the trust is either drawing down its principal or relying on external, unreported funding sources to cover its operational costs. The assets have also declined significantly over time, from $55,176 in 201112 to $2,767 in 201912, further supporting the idea of asset depletion. The NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus, but given the financial scale, it's likely a very niche or private philanthropic vehicle.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bertha Bornstein Residue Trust with a Mission Score of 10 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.

Spending Breakdown

admin: 100%
programs: 0%
fundraising: 0%

According to IRS 990 filings, Bertha Bornstein Residue Trust allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.

Executive Compensation Analysis

Officer compensation has consistently been reported as 0% across all available filings, indicating no direct compensation to officers, which is appropriate for an organization of this financial scale and structure.

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 Bertha Bornstein Residue Trust's IRS 990 filings:

Extremely low revenue relative to expenses (e.g., $25 revenue vs. $37,308 expenses in 201912).
Significant and consistent asset depletion over time (from $55,176 to $2,767).
Unknown NTEE code, making it difficult to assess programmatic focus.
High administrative spending ratio, as all reported expenses appear to be administrative given the lack of program revenue.

Strengths

The following positive indicators were identified for Bertha Bornstein Residue Trust:

No officer compensation reported, indicating efficient use of funds in that regard.

Frequently Asked Questions about Bertha Bornstein Residue Trust

What is the specific purpose or mission of the Bertha Bornstein Residue Trust?

The NTEE code is unknown, and with minimal revenue and significant expenses relative to income, it's unclear what specific programs or charitable activities the trust supports. Further information would be needed to understand its mission.

How does the organization cover its expenses when revenue is consistently so low?

The organization consistently reports expenses far exceeding its revenue (e.g., $25 revenue vs. $37,308 expenses in 201912). This suggests it is either drawing down its assets, receiving unreported contributions, or operating at a significant deficit.

Why have the assets declined so dramatically over the years?

Assets have decreased from $55,176 in 201112 to $2,767 in 201912. This decline is likely due to the trust spending more than its income, effectively liquidating its principal to cover expenses.

Filing History

IRS 990 filing history for Bertha Bornstein Residue Trust showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2011–2019), Bertha Bornstein Residue Trust's revenue has declined by 92.5%, moving from $335 to $25. Total assets decreased by 95% over the same period, from $55K to $3K. Total functional expenses rose by 958.1%, from $4K to $37K. In its most recent filing year (2019), Bertha Bornstein Residue Trust reported a deficit of $37K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$25	$37K	$3K	$1	—	View 990
2015	$68	$3K	$44K	$1	—	View 990
2014	$72	$3K	$47K	$1	—	View 990
2013	$104	$3K	$50K	$1	—	View 990
2012	$188	$3K	$52K	$1	—	View 990
2011	$335	$4K	$55K	$0	—	View 990

Year-by-Year Financial Summary

2019: Revenue of $25, expenses of $37K, and assets of $3K (revenue -63.2% year-over-year).
2015: Revenue of $68, expenses of $3K, and assets of $44K (revenue -5.6% year-over-year).
2014: Revenue of $72, expenses of $3K, and assets of $47K (revenue -30.8% year-over-year).
2013: Revenue of $104, expenses of $3K, and assets of $50K (revenue -44.7% year-over-year).
2012: Revenue of $188, expenses of $3K, and assets of $52K (revenue -43.9% year-over-year).
2011: Revenue of $335, expenses of $4K, and assets of $55K.

Data Sources and Methodology

This transparency report for Bertha Bornstein Residue 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.