Board Of Trustees Equity League Health Trust Fund

Equity League Health Trust Fund shows strong asset growth and zero executive compensation, despite past revenue fluctuations.

EIN: 136092981 · New York, NY · Updated: 2026-03-28

$75.1MRevenue
$75.0MGross Revenue
$133.6MAssets
90/100Mission Score (Excellent)
Board Of Trustees Equity League Health Trust Fund Financial Summary
MetricValue
Total Revenue$75.1M
Total Expenses$53.7M
Program Spending95%
CEO/Top Officer Pay$70
Net Assets$98.4M
Transparency Score90/100

Is Board Of Trustees Equity League Health Trust Fund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Board Of Trustees Equity League Health Trust Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Board Of Trustees Equity League Health Trust Fund

Board Of Trustees Equity League Health Trust Fund (EIN: 136092981) is a nonprofit organization based in New York, NY. The organization reported total revenue of $75.1M and total assets of $133.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Board Of Trustees Equity League Health Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

62Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Board Of Trustees Equity League Health Trust Fund is a major nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$73.6M
Total Expenses$53.7M
Surplus / Deficit+$19.9M
Total Assets$107.0M
Total Liabilities$8.6M
Net Assets$98.4M
Operating Margin27.0%
Debt-to-Asset Ratio8.0%
Months of Reserves23.9 months

Financial Health Grade: A

In 2023, Board Of Trustees Equity League Health Trust Fund reported a surplus of $19.9M with revenue exceeding expenses, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Board Of Trustees Equity League Health Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+14.7%+21.4%+23.9%
2022+131.9%-38.1%+22.4%
2021-60.2%-14.4%-35.9%
2020-10.3%-0.2%-15.1%
2019+3.5%+13.6%-7.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1964

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Board Of Trustees Equity League Health Trust Fund demonstrates a generally stable financial position, with assets consistently exceeding liabilities across the filing periods. For instance, in 202305, assets were $107,046,303 against liabilities of $8,611,920. The organization's revenue has fluctuated, with a notable dip in 202105 to $27,668,275, but has since recovered to $73,593,208 in 202305. Expenses have generally been well-managed relative to revenue, with the exception of 202105 where expenses significantly outstripped revenue ($71,457,656 vs. $27,668,275). Given the nature of a health trust fund, the majority of its expenditures are expected to be directly related to program services (i.e., health benefits). The consistent reporting of 0% officer compensation across all available filings suggests a high degree of financial efficiency and a strong focus on directing funds towards the trust's beneficiaries rather than executive salaries. This also indicates a high level of transparency regarding executive pay, as it is clearly stated as non-existent. The organization's financial health appears robust, with a healthy asset base and a positive trend in revenue and net assets in recent years. The significant increase in assets from $70,590,385 in 202105 to $107,046,303 in 202305, alongside a recovery in revenue, indicates effective financial management and a strong capacity to fulfill its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Board Of Trustees Equity League Health Trust Fund with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 95%
  • fundraising: 0%

According to IRS 990 filings, Board Of Trustees Equity League Health Trust Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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:

$73.6MTotal Revenue
$53.7MTotal Expenses
$107.0MTotal Assets
$8.6MTotal Liabilities
$98.4MNet Assets
  • The organization reported a surplus of $19.9M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 8.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of this size with annual revenues often exceeding $70 million and suggests a strong commitment to directing all funds towards the trust's purpose.

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 Board Of Trustees Equity League Health Trust Fund's IRS 990 filings:

  • Significant net loss in 202105 where expenses ($71,457,656) far exceeded revenue ($27,668,275).

Strengths

The following positive indicators were identified for Board Of Trustees Equity League Health Trust Fund:

  • Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to the mission.
  • Strong asset base consistently exceeding liabilities, demonstrating financial resilience (e.g., $107,046,303 assets vs. $8,611,920 liabilities in 202305).
  • Significant recovery in revenue and assets in recent years after a dip in 202105, showing effective financial management.
  • Healthy operating margins in most years, with revenue often exceeding expenses (e.g., $73,593,208 revenue vs. $53,694,344 expenses in 202305).

Frequently Asked Questions about Board Of Trustees Equity League Health Trust Fund

Is Board Of Trustees Equity League Health Trust Fund a legitimate charity?

Board Of Trustees Equity League Health Trust Fund (EIN: 136092981) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $75.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Board Of Trustees Equity League Health Trust Fund spend its money?

Board Of Trustees Equity League Health Trust Fund directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Board Of Trustees Equity League Health Trust Fund tax-deductible?

Board Of Trustees Equity League Health Trust Fund is registered as a tax-exempt nonprofit (EIN: 136092981). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Board Of Trustees Equity League Health Trust Fund CEO make?

Board Of Trustees Equity League Health Trust Fund's highest-compensated officer earns $70 annually. The organization reported $75.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Board Of Trustees Equity League Health Trust Fund located?

Board Of Trustees Equity League Health Trust Fund is headquartered in New York, New York and files with the IRS under EIN 136092981.

How many years of IRS 990 filings does Board Of Trustees Equity League Health Trust Fund have?

Board Of Trustees Equity League Health Trust Fund has 13 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 $75.1M in total revenue.

Is the Board Of Trustees Equity League Health Trust Fund financially stable?

Yes, the organization appears financially stable. Its assets have consistently exceeded liabilities, with assets growing from $70,590,385 in 202105 to $107,046,303 in 202305, and revenue recovering strongly after a dip in 202105.

How does the organization manage executive compensation?

The organization reports 0% officer compensation across all available filings, indicating that no officers receive salaries from the trust, which is a significant strength in terms of efficiency.

What caused the significant drop in revenue in 202105?

While the specific cause is not detailed in the provided data, revenue dropped from $69,441,179 in 202005 to $27,668,275 in 202105. This was also a period where expenses ($71,457,656) significantly exceeded revenue, leading to a substantial net loss for that year.

Filing History

IRS 990 filing history for Board Of Trustees Equity League Health Trust Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Board Of Trustees Equity League Health Trust Fund's revenue has grown by 11.8%, moving from $65.8M to $73.6M. Total assets decreased by 1.9% over the same period, from $109.1M to $107.0M. Total functional expenses fell by 3%, from $55.4M to $53.7M. In its most recent filing year (2023), Board Of Trustees Equity League Health Trust Fund reported a surplus of $19.9M, with revenue exceeding expenses. The organization holds $8.6M in liabilities against $107.0M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $98.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $73.6M $53.7M $107.0M $8.6M View 990
2022 $64.2M $44.2M $86.4M $6.5M View 990
2021 $27.7M $71.5M $70.6M $9.6M
2020 $69.4M $83.4M $110.1M $8.5M
2019 $77.4M $83.6M $129.6M $10.3M View 990
2018 $74.8M $73.6M $140.2M $13.6M View 990
2017 $71.1M $73.5M $134.1M $8.3M View 990
2016 $80.6M $69.1M $128.6M $7.7M View 990
2015 $71.4M $67.0M $134.3M $8.7M View 990
2014 $64.8M $60.3M $133.7M $8.8M View 990
2013 $66.1M $61.2M $126.2M $12.2M View 990
2012 $68.1M $58.5M $114.1M $12.0M View 990
2011 $65.8M $55.4M $109.1M $14.8M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $73.6M, expenses of $53.7M, and assets of $107.0M (revenue +14.7% year-over-year).
  • 2022: Revenue of $64.2M, expenses of $44.2M, and assets of $86.4M (revenue +131.9% year-over-year).
  • 2021: Revenue of $27.7M, expenses of $71.5M, and assets of $70.6M (revenue -60.2% year-over-year).
  • 2020: Revenue of $69.4M, expenses of $83.4M, and assets of $110.1M (revenue -10.3% year-over-year).
  • 2019: Revenue of $77.4M, expenses of $83.6M, and assets of $129.6M (revenue +3.5% year-over-year).
  • 2018: Revenue of $74.8M, expenses of $73.6M, and assets of $140.2M (revenue +5.2% year-over-year).
  • 2017: Revenue of $71.1M, expenses of $73.5M, and assets of $134.1M (revenue -11.7% year-over-year).
  • 2016: Revenue of $80.6M, expenses of $69.1M, and assets of $128.6M (revenue +12.9% year-over-year).
  • 2015: Revenue of $71.4M, expenses of $67.0M, and assets of $134.3M (revenue +10.1% year-over-year).
  • 2014: Revenue of $64.8M, expenses of $60.3M, and assets of $133.7M (revenue -1.9% year-over-year).
  • 2013: Revenue of $66.1M, expenses of $61.2M, and assets of $126.2M (revenue -2.9% year-over-year).
  • 2012: Revenue of $68.1M, expenses of $58.5M, and assets of $114.1M (revenue +3.4% year-over-year).
  • 2011: Revenue of $65.8M, expenses of $55.4M, and assets of $109.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Board Of Trustees Equity League Health Trust Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Board Of Trustees Equity League Health Trust Fund 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.

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