Carmichael Fund A Mrtl Tr
EIN: 556180023 · Wheeling, WV · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $132K |
| Net Assets | $1.3M |
Is Carmichael Fund A Mrtl Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carmichael Fund A Mrtl Tr
Carmichael Fund A Mrtl Tr (EIN: 556180023) is a nonprofit organization based in Wheeling, WV, classified under NTEE code T20. The organization reported total revenue of $202K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carmichael Fund A Mrtl Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carmichael Fund A Mrtl Tr is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $132K |
| Surplus / Deficit | $-13,757 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 121.7 months |
Financial Health Grade: B
In 2023, Carmichael Fund A Mrtl Tr reported a deficit of $14K with expenses exceeding revenue, holds 121.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Carmichael Fund A Mrtl Tr's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | +7.6% | -0.9% |
| 2022 | +41.2% | -1.1% | +0.9% |
| 2021 | +3.3% | +1.7% | -1.9% |
| 2020 | -11.2% | +0.9% | -2.0% |
| 2019 | -23.6% | -2.5% | -13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carmichael Fund A Mrtl Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carmichael Fund A Mrtl Tr with a Mission Score of 0 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Carmichael Fund A Mrtl Tr
Is Carmichael Fund A Mrtl Tr a legitimate charity?
Carmichael Fund A Mrtl Tr (EIN: 556180023) is a registered tax-exempt nonprofit based in West Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $202K. No red flags identified. Financial health grade: B.
How does Carmichael Fund A Mrtl Tr spend its money?
Carmichael Fund A Mrtl Tr reported $202K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carmichael Fund A Mrtl Tr tax-deductible?
Carmichael Fund A Mrtl Tr is registered as a tax-exempt nonprofit (EIN: 556180023). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carmichael Fund A Mrtl Tr located?
Carmichael Fund A Mrtl Tr is headquartered in Wheeling, West Virginia and files with the IRS under EIN 556180023. It is classified under NTEE code T20.
How many years of IRS 990 filings does Carmichael Fund A Mrtl Tr have?
Carmichael Fund A Mrtl Tr has 7 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 $202K in total revenue.
Filing History
IRS 990 filing history for Carmichael Fund A Mrtl Tr showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Carmichael Fund A Mrtl Tr's revenue has grown by 31.9%, moving from $89K to $118K. Total assets decreased by 16.3% over the same period, from $1.6M to $1.3M. Total functional expenses rose by 64%, from $80K to $132K. In its most recent filing year (2023), Carmichael Fund A Mrtl Tr reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $132K | $1.3M | $1 | — | View 990 |
| 2022 | $136K | $122K | $1.3M | $1 | — | View 990 |
| 2021 | $97K | $124K | $1.3M | $1 | — | View 990 |
| 2020 | $94K | $121K | $1.4M | $1 | — | — |
| 2019 | $105K | $120K | $1.4M | $0 | — | View 990 |
| 2015 | $138K | $123K | $1.6M | $1 | — | View 990 |
| 2014 | $89K | $80K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $132K, and assets of $1.3M (revenue -13.7% year-over-year).
- 2022: Revenue of $136K, expenses of $122K, and assets of $1.3M (revenue +41.2% year-over-year).
- 2021: Revenue of $97K, expenses of $124K, and assets of $1.3M (revenue +3.3% year-over-year).
- 2020: Revenue of $94K, expenses of $121K, and assets of $1.4M (revenue -11.2% year-over-year).
- 2019: Revenue of $105K, expenses of $120K, and assets of $1.4M (revenue -23.6% year-over-year).
- 2015: Revenue of $138K, expenses of $123K, and assets of $1.6M (revenue +54.4% year-over-year).
- 2014: Revenue of $89K, expenses of $80K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carmichael Fund A Mrtl Tr:
Data Sources and Methodology
This transparency report for Carmichael Fund A Mrtl Tr 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.