Camille Snider Charitable Remainder Unitrust
Camille Snider Charitable Remainder Unitrust maintains substantial assets with no officer compensation, experiencing fluctuating revenues.
EIN: 10837016 · Stapleton, AL · NTEE: T22 · Updated: 2026-03-27
Is Camille Snider Charitable Remainder Unitrust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Camille Snider Charitable Remainder Unitrust
Camille Snider Charitable Remainder Unitrust (EIN: 10837016) is a nonprofit organization based in Stapleton, AL, classified under NTEE code T22. The organization reported total revenue of $74K and total assets of $856K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camille Snider Charitable Remainder Unitrust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camille Snider Charitable Remainder Unitrust is a micro nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $94K |
| Surplus / Deficit | $-37,169 |
| Total Assets | $924K |
| Total Liabilities | $1 |
| Net Assets | $924K |
| Operating Margin | -65.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 117.6 months |
Financial Health Grade: B
In 2023, Camille Snider Charitable Remainder Unitrust reported a deficit of $37K with expenses exceeding revenue, holds 117.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Camille Snider Charitable Remainder Unitrust's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -101.3% | -13.6% | -9.2% |
| 2021 | -74.0% | +38.9% | +0.8% |
| 2020 | +342.7% | +7.9% | +56.4% |
| 2019 | +476.1% | +18.1% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Camille Snider Charitable Remainder Unitrust 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Camille Snider Charitable Remainder Unitrust allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, 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 no officers receive salaries or compensation from the trust, which is a positive for resource allocation.
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.
Strengths
The following positive indicators were identified for Camille Snider Charitable Remainder Unitrust:
- Consistent reporting of 0% officer compensation across all filings.
- Maintains substantial assets, currently $856,074, indicating financial stability.
- Very low liabilities, consistently reported as $1 in recent years, suggesting minimal financial risk.
- Consistent filing of IRS Form 990s, demonstrating compliance and transparency.
Frequently Asked Questions about Camille Snider Charitable Remainder Unitrust
Is Camille Snider Charitable Remainder Unitrust a legitimate charity?
Based on AI analysis of IRS 990 filings, Camille Snider Charitable Remainder Unitrust (EIN: 10837016) appears legitimate. Mission Score: 70/100. 0 red flags identified, 4 strengths noted.
How does Camille Snider Charitable Remainder Unitrust spend its money?
Detailed spending breakdown data is not yet available for Camille Snider Charitable Remainder Unitrust. Check back for updated IRS 990 analysis.
Are donations to Camille Snider Charitable Remainder Unitrust tax-deductible?
Camille Snider Charitable Remainder Unitrust is registered as a tax-exempt nonprofit (EIN: 10837016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific types of expenses incurred by the trust, given that program spending is 0%?
The expenses reported, such as $94,360 in 2023, likely consist of administrative fees, trustee fees, investment management fees, and distributions to non-charitable beneficiaries, as is typical for a charitable remainder unitrust.
Who are the ultimate charitable beneficiaries of the Camille Snider Charitable Remainder Unitrust?
The IRS 990 filings do not specify the ultimate charitable beneficiaries; this information would typically be detailed in the trust instrument itself.
Why does the trust report negative revenue in some years, such as -$1,544 in 2022?
Negative revenue can occur in trusts due to investment losses, significant capital gains distributions that are offset by other factors, or specific accounting treatments for trust income and principal.
Filing History
IRS 990 filing history for Camille Snider Charitable Remainder Unitrust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Camille Snider Charitable Remainder Unitrust's revenue has grown by 198.7%, moving from $19K to $57K. Total assets increased by 30.6% over the same period, from $708K to $924K. Total functional expenses rose by 59.7%, from $59K to $94K. In its most recent filing year (2023), Camille Snider Charitable Remainder Unitrust reported a deficit of $37K, with expenses exceeding revenue. The organization holds $1 in liabilities against $924K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $924K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $94K | $924K | $1 | — | View 990 |
| 2022 | $-1,544 | $96K | $962K | $1 | — | View 990 |
| 2021 | $119K | $111K | $1.1M | $1 | — | — |
| 2020 | $459K | $80K | $1.1M | $1 | — | — |
| 2019 | $104K | $74K | $672K | $1 | — | View 990 |
| 2015 | $18K | $63K | $685K | $1 | — | View 990 |
| 2014 | $151K | $66K | $734K | $1 | — | View 990 |
| 2012 | $-8,630 | $57K | $642K | $0 | — | View 990 |
| 2011 | $19K | $59K | $708K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $94K, and assets of $924K.
- 2022: Revenue of $-1,544, expenses of $96K, and assets of $962K (revenue -101.3% year-over-year).
- 2021: Revenue of $119K, expenses of $111K, and assets of $1.1M (revenue -74.0% year-over-year).
- 2020: Revenue of $459K, expenses of $80K, and assets of $1.1M (revenue +342.7% year-over-year).
- 2019: Revenue of $104K, expenses of $74K, and assets of $672K (revenue +476.1% year-over-year).
- 2015: Revenue of $18K, expenses of $63K, and assets of $685K (revenue -88.1% year-over-year).
- 2014: Revenue of $151K, expenses of $66K, and assets of $734K.
- 2012: Revenue of $-8,630, expenses of $57K, and assets of $642K (revenue -145.1% year-over-year).
- 2011: Revenue of $19K, expenses of $59K, and assets of $708K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camille Snider Charitable Remainder Unitrust:
Data Sources and Methodology
This transparency report for Camille Snider Charitable Remainder Unitrust 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.