Carter & Melissa Cafritz Charitable Tr
Carter & Melissa Cafritz Charitable Tr maintains stable assets and zero officer compensation over a decade.
EIN: 137049874 · Washington, DC · NTEE: X99Z · Updated: 2026-03-28
Is Carter & Melissa Cafritz Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carter & Melissa Cafritz Charitable Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carter & Melissa Cafritz Charitable Tr
Carter & Melissa Cafritz Charitable Tr (EIN: 137049874) is a nonprofit organization based in Washington, DC, classified under NTEE code X99Z. The organization reported total revenue of $1.3M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carter & Melissa Cafritz Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carter & Melissa Cafritz Charitable Tr is a mid-size nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $189K |
| Surplus / Deficit | $-68,604 |
| Total Assets | $2.7M |
| Total Liabilities | $1 |
| Net Assets | $2.7M |
| Operating Margin | -57.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 172.8 months |
Financial Health Grade: B
In 2023, Carter & Melissa Cafritz Charitable Tr reported a deficit of $69K with expenses exceeding revenue, holds 172.8 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 (2011–2023), Carter & Melissa Cafritz Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.6% | -18.0% | -2.5% |
| 2022 | -77.6% | -4.0% | -1.8% |
| 2021 | +533.2% | +19.6% | +24.5% |
| 2020 | -30.3% | +30.3% | -3.2% |
| 2019 | +1196.5% | -46.4% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Carter & Melissa Cafritz Charitable Tr with a Mission Score of 85 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, Carter & Melissa Cafritz Charitable Tr 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:
- The organization reported a deficit of $69K, 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 salaries are paid to officers, which is highly efficient for an organization of its asset size (around $2.7 million).
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 Carter & Melissa Cafritz Charitable Tr's IRS 990 filings:
- NTEE code X99Z (Unknown/Unclassified) provides limited insight into specific programmatic focus.
Strengths
The following positive indicators were identified for Carter & Melissa Cafritz Charitable Tr:
- Consistent zero officer compensation, indicating high efficiency in executive overhead.
- Stable asset base over a decade, demonstrating financial resilience.
- Minimal liabilities ($1 in recent years), indicating strong financial management.
- Extensive filing history (10 filings) provides good transparency into financial operations.
Frequently Asked Questions about Carter & Melissa Cafritz Charitable Tr
Is Carter & Melissa Cafritz Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Carter & Melissa Cafritz Charitable Tr (EIN: 137049874) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Carter & Melissa Cafritz Charitable Tr spend its money?
Carter & Melissa Cafritz Charitable Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Carter & Melissa Cafritz Charitable Tr tax-deductible?
Carter & Melissa Cafritz Charitable Tr is registered as a tax-exempt nonprofit (EIN: 137049874). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose of the Carter & Melissa Cafritz Charitable Tr?
As a private charitable trust, its primary purpose is typically to distribute grants to other nonprofit organizations, rather than directly operating programs. The NTEE code X99Z suggests 'Unknown/Unclassified' which is common for private foundations that do not fit into specific program categories.
How does the organization manage its expenses relative to its revenue?
The organization's expenses have frequently exceeded its revenue in several periods (e.g., 2023: Revenue $120,299, Expenses $188,903; 2022: Revenue $178,526, Expenses $230,430). This is not uncommon for private foundations that draw from their endowment to make grants, especially in years with lower investment returns.
Is the organization growing or shrinking in terms of assets?
The organization's assets have shown some fluctuation but have remained relatively stable over the long term, ranging from a high of $3,058,558 in 2014 to $2,719,907 in 2023. There isn't a clear trend of significant growth or decline.
Filing History
IRS 990 filing history for Carter & Melissa Cafritz Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Carter & Melissa Cafritz Charitable Tr's revenue has declined by 7.1%, moving from $129K to $120K. Total assets decreased by 7.7% over the same period, from $2.9M to $2.7M. Total functional expenses fell by 34.3%, from $287K to $189K. In its most recent filing year (2023), Carter & Melissa Cafritz Charitable Tr reported a deficit of $69K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $189K | $2.7M | $1 | — | View 990 |
| 2022 | $179K | $230K | $2.8M | $1 | — | View 990 |
| 2021 | $798K | $240K | $2.8M | $1 | — | View 990 |
| 2020 | $126K | $201K | $2.3M | $1 | — | View 990 |
| 2019 | $181K | $154K | $2.4M | $1 | — | View 990 |
| 2015 | $14K | $287K | $3.0M | $0 | — | View 990 |
| 2014 | $109K | $294K | $3.1M | $0 | — | View 990 |
| 2013 | $110K | $272K | $2.9M | $0 | — | View 990 |
| 2012 | $154K | $244K | $2.9M | $0 | — | View 990 |
| 2011 | $129K | $287K | $2.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $189K, and assets of $2.7M (revenue -32.6% year-over-year).
- 2022: Revenue of $179K, expenses of $230K, and assets of $2.8M (revenue -77.6% year-over-year).
- 2021: Revenue of $798K, expenses of $240K, and assets of $2.8M (revenue +533.2% year-over-year).
- 2020: Revenue of $126K, expenses of $201K, and assets of $2.3M (revenue -30.3% year-over-year).
- 2019: Revenue of $181K, expenses of $154K, and assets of $2.4M (revenue +1196.5% year-over-year).
- 2015: Revenue of $14K, expenses of $287K, and assets of $3.0M (revenue -87.2% year-over-year).
- 2014: Revenue of $109K, expenses of $294K, and assets of $3.1M (revenue -1.0% year-over-year).
- 2013: Revenue of $110K, expenses of $272K, and assets of $2.9M (revenue -28.5% year-over-year).
- 2012: Revenue of $154K, expenses of $244K, and assets of $2.9M (revenue +18.6% year-over-year).
- 2011: Revenue of $129K, expenses of $287K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carter & Melissa Cafritz Charitable Tr:
Data Sources and Methodology
This transparency report for Carter & Melissa Cafritz Charitable 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.