Bohmfolk Charitable Trust T 18135
Bohmfolk Charitable Trust consistently spends more than it earns, drawing down assets despite zero officer compensation.
EIN: 133501941 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $627K |
| Program Spending | 75% |
| Net Assets | $8.8M |
| Transparency Score | 65/100 |
Is Bohmfolk Charitable Trust T 18135 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bohmfolk Charitable Trust T 18135 directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bohmfolk Charitable Trust T 18135
Bohmfolk Charitable Trust T 18135 (EIN: 133501941) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $2.1M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bohmfolk Charitable Trust T 18135's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bohmfolk Charitable Trust T 18135 is a mid-size nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $627K |
| Surplus / Deficit | $-486,928 |
| Total Assets | $8.8M |
| Total Liabilities | $1 |
| Net Assets | $8.8M |
| Operating Margin | -346.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 169.0 months |
Financial Health Grade: B
In 2024, Bohmfolk Charitable Trust T 18135 reported a deficit of $487K with expenses exceeding revenue, holds 169.0 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 (2012–2024), Bohmfolk Charitable Trust T 18135's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -62.4% | -7.5% | -4.6% |
| 2023 | -40.4% | +8.6% | -2.6% |
| 2022 | -12.1% | +1.9% | +0.0% |
| 2021 | +6.4% | -2.0% | +1.1% |
| 2020 | +81.4% | +2.9% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Bohmfolk Charitable Trust T 18135 with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Bohmfolk Charitable Trust T 18135 allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $487K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated or are compensated through non-officer categories, which is a strong positive for donor confidence given the organization's asset size.
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 Bohmfolk Charitable Trust T 18135's IRS 990 filings:
- Consistent operating deficits: Expenses significantly exceed revenue in multiple recent periods (e.g., $140,484 revenue vs. $627,412 expenses in 202406).
- Declining asset base: Total assets have decreased from $9,505,864 in 202206 to $8,836,994 in 202406, indicating a draw-down to cover operational costs.
Strengths
The following positive indicators were identified for Bohmfolk Charitable Trust T 18135:
- Strong asset base: The organization maintains substantial assets of $8,833,714, providing a buffer despite operational deficits.
- Zero officer compensation: Consistently reporting 0% officer compensation across all filings is a strong indicator of financial prudence and dedication.
- Low liabilities: Liabilities are consistently reported as $0 or $1, indicating a very healthy balance sheet in terms of debt.
Frequently Asked Questions about Bohmfolk Charitable Trust T 18135
Is Bohmfolk Charitable Trust T 18135 a legitimate charity?
Bohmfolk Charitable Trust T 18135 (EIN: 133501941) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bohmfolk Charitable Trust T 18135 spend its money?
Bohmfolk Charitable Trust T 18135 directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Bohmfolk Charitable Trust T 18135 tax-deductible?
Bohmfolk Charitable Trust T 18135 is registered as a tax-exempt nonprofit (EIN: 133501941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bohmfolk Charitable Trust T 18135's spending goes to programs?
Bohmfolk Charitable Trust T 18135 directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bohmfolk Charitable Trust T 18135 located?
Bohmfolk Charitable Trust T 18135 is headquartered in Chicago, Illinois and files with the IRS under EIN 133501941.
How many years of IRS 990 filings does Bohmfolk Charitable Trust T 18135 have?
Bohmfolk Charitable Trust T 18135 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 $2.1M in total revenue.
Is Bohmfolk Charitable Trust T 18135 financially sustainable given its consistent operating deficits?
The organization has consistently spent more than its revenue in recent years (e.g., $140,484 revenue vs. $627,412 expenses in 202406), leading to a decline in assets from $9,505,864 in 202206 to $8,836,994 in 202406. While it has a substantial asset base, this trend is not sustainable long-term without changes to revenue generation or expense management.
What are the primary drivers of the organization's expenses?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to pinpoint the primary drivers. However, the consistent high expense levels relative to revenue suggest significant operational costs that warrant further investigation.
How does the organization fund its operations given the revenue-expense imbalance?
The organization appears to be drawing down its asset base to cover operational deficits, as evidenced by the decline in total assets over recent periods while expenses consistently exceed revenue.
Filing History
IRS 990 filing history for Bohmfolk Charitable Trust T 18135 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Bohmfolk Charitable Trust T 18135's revenue has declined by 50.6%, moving from $284K to $140K. Total assets decreased by 2.2% over the same period, from $9.0M to $8.8M. Total functional expenses rose by 10.5%, from $568K to $627K. In its most recent filing year (2024), Bohmfolk Charitable Trust T 18135 reported a deficit of $487K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $140K | $627K | $8.8M | $1 | — | — |
| 2023 | $374K | $678K | $9.3M | $1 | — | View 990 |
| 2022 | $627K | $624K | $9.5M | $1 | — | View 990 |
| 2021 | $713K | $613K | $9.5M | $1 | — | View 990 |
| 2020 | $670K | $625K | $9.4M | $1 | — | View 990 |
| 2016 | $370K | $608K | $8.8M | $0 | — | View 990 |
| 2015 | $339K | $638K | $9.1M | $0 | — | View 990 |
| 2014 | $874K | $549K | $9.4M | $0 | — | View 990 |
| 2013 | $561K | $545K | $9.1M | $0 | — | View 990 |
| 2012 | $284K | $568K | $9.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $140K, expenses of $627K, and assets of $8.8M (revenue -62.4% year-over-year).
- 2023: Revenue of $374K, expenses of $678K, and assets of $9.3M (revenue -40.4% year-over-year).
- 2022: Revenue of $627K, expenses of $624K, and assets of $9.5M (revenue -12.1% year-over-year).
- 2021: Revenue of $713K, expenses of $613K, and assets of $9.5M (revenue +6.4% year-over-year).
- 2020: Revenue of $670K, expenses of $625K, and assets of $9.4M (revenue +81.4% year-over-year).
- 2016: Revenue of $370K, expenses of $608K, and assets of $8.8M (revenue +9.0% year-over-year).
- 2015: Revenue of $339K, expenses of $638K, and assets of $9.1M (revenue -61.2% year-over-year).
- 2014: Revenue of $874K, expenses of $549K, and assets of $9.4M (revenue +55.9% year-over-year).
- 2013: Revenue of $561K, expenses of $545K, and assets of $9.1M (revenue +97.3% year-over-year).
- 2012: Revenue of $284K, expenses of $568K, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bohmfolk Charitable Trust T 18135:
Data Sources and Methodology
This transparency report for Bohmfolk Charitable Trust T 18135 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.