California Healthcare Industry Trust
California Healthcare Industry Trust reports $0 revenue and assets in latest filing, indicating operational cessation.
EIN: 206275341 · Glendale, CA · Updated: 2026-03-28
Is California Healthcare Industry Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About California Healthcare Industry Trust
California Healthcare Industry Trust (EIN: 206275341) is a nonprofit organization based in Glendale, CA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of California Healthcare Industry Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates California Healthcare Industry Trust with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, California Healthcare Industry Trust allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Historically, the organization reported 0% officer compensation across all available filings, suggesting that executive leadership was either unpaid or compensated through other means not reported as officer compensation, which is unusual for an organization of its former 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 California Healthcare Industry Trust's IRS 990 filings:
- Complete cessation of financial activity ($0 revenue, $0 assets) in the latest filing.
- Significant and sudden decline in revenue from over $4 million to $0.
- Lack of clarity regarding the organization's current operational status.
Strengths
The following positive indicators were identified for California Healthcare Industry Trust:
- Historically reported 0% officer compensation, indicating a potential commitment to minimizing executive overhead.
Frequently Asked Questions about California Healthcare Industry Trust
Is California Healthcare Industry Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, California Healthcare Industry Trust (EIN: 206275341) some concerns. Mission Score: 50/100. 3 red flags identified, 1 strength noted.
How does California Healthcare Industry Trust spend its money?
Detailed spending breakdown data is not yet available for California Healthcare Industry Trust. Check back for updated IRS 990 analysis.
Are donations to California Healthcare Industry Trust tax-deductible?
California Healthcare Industry Trust is registered as a tax-exempt nonprofit (EIN: 206275341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the current operational status of the California Healthcare Industry Trust given its $0 revenue and assets?
The latest IRS 990 filing indicates the organization has $0 in both revenue and assets, strongly suggesting it is no longer actively operating or has been dissolved.
Why did the organization's revenue drop from over $4 million in 2014 to $0 in the latest period?
The provided data does not offer a reason for this drastic decline. It would require further investigation into the organization's activities or public records to understand the cause.
Was the organization's mission effectively served given its historical break-even financial model?
Historically, the organization consistently spent nearly all its revenue on expenses, indicating a model focused on direct expenditure rather than accumulating significant reserves. Without a breakdown of program vs. administrative costs, it's difficult to assess the effectiveness of mission delivery.
Filing History
IRS 990 filing history for California Healthcare Industry Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), California Healthcare Industry Trust's revenue has declined by 48%, moving from $7.8M to $4.0M. Total assets decreased by 100% over the same period, from $501K to $0. Total functional expenses fell by 47.7%, from $7.7M to $4.0M. In its most recent filing year (2014), California Healthcare Industry Trust reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2014 | $4.0M | $4.0M | $0 | $0 | — | View 990 |
| 2013 | $7.2M | $7.5M | $176K | $101K | — | View 990 |
| 2012 | $7.8M | $7.7M | $576K | $188K | — | View 990 |
| 2011 | $7.8M | $7.7M | $501K | $151K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $4.0M, expenses of $4.0M, and assets of $0 (revenue -44.1% year-over-year).
- 2013: Revenue of $7.2M, expenses of $7.5M, and assets of $176K (revenue -6.9% year-over-year).
- 2012: Revenue of $7.8M, expenses of $7.7M, and assets of $576K (revenue -0.1% year-over-year).
- 2011: Revenue of $7.8M, expenses of $7.7M, and assets of $501K.
Data Sources and Methodology
This transparency report for California Healthcare Industry 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.