Champagne Family Charitable Tr Agreement
Champagne Family Charitable Trust consistently reports zero officer compensation and maintains substantial assets.
EIN: 206262204 · Indianapolis, IN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $229K |
| Program Spending | 95% |
| Net Assets | $4.8M |
| Transparency Score | 90/100 |
Is Champagne Family Charitable Tr Agreement Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Champagne Family Charitable Tr Agreement directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Champagne Family Charitable Tr Agreement
Champagne Family Charitable Tr Agreement (EIN: 206262204) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code T20. The organization reported total revenue of $1.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Champagne Family Charitable Tr Agreement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Champagne Family Charitable Tr Agreement is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $299K |
| Total Expenses | $229K |
| Surplus / Deficit | +$70K |
| Total Assets | $4.8M |
| Total Liabilities | $1 |
| Net Assets | $4.8M |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 252.8 months |
Financial Health Grade: A
In 2023, Champagne Family Charitable Tr Agreement reported a surplus of $70K with revenue exceeding expenses, holds 252.8 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), Champagne Family Charitable Tr Agreement's revenue has declined at a compound annual growth rate (CAGR) of -27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.8% | -65.4% | +1.5% |
| 2022 | +31.2% | +259.6% | -4.2% |
| 2021 | +91.8% | +229.9% | +4.0% |
| 2020 | +29.7% | -55.5% | +6.7% |
| 2016 | -93.8% | -66.3% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Champagne Family Charitable Tr Agreement with a Mission Score of 90 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, Champagne Family Charitable Tr Agreement 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 surplus of $70K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the trust's leadership does not receive salaries, which is highly favorable for resource allocation to its charitable mission.
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 Champagne Family Charitable Tr Agreement:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Maintains a substantial and stable asset base ($5,113,956), suggesting long-term financial health.
- Consistently reports minimal to zero liabilities, indicating strong financial management.
- As a private grantmaking foundation (NTEE T20), its primary function is direct program spending through grants.
- Positive net income in most recent years (e.g., $298,801 revenue vs. $228,628 expenses in 2023).
Frequently Asked Questions about Champagne Family Charitable Tr Agreement
Is Champagne Family Charitable Tr Agreement a legitimate charity?
Champagne Family Charitable Tr Agreement (EIN: 206262204) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Champagne Family Charitable Tr Agreement spend its money?
Champagne Family Charitable Tr Agreement directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Champagne Family Charitable Tr Agreement tax-deductible?
Champagne Family Charitable Tr Agreement is registered as a tax-exempt nonprofit (EIN: 206262204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Champagne Family Charitable Tr Agreement compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Champagne Family Charitable Tr Agreement is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Champagne Family Charitable Tr Agreement located?
Champagne Family Charitable Tr Agreement is headquartered in Indianapolis, Indiana and files with the IRS under EIN 206262204. It is classified under NTEE code T20.
How many years of IRS 990 filings does Champagne Family Charitable Tr Agreement have?
Champagne Family Charitable Tr Agreement 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 $1.8M in total revenue.
What is the primary focus of the grants made by the Champagne Family Charitable Tr Agreement?
Based on the NTEE code T20 (Private Grantmaking Foundations), the organization's primary activity is making grants. However, the specific areas or causes it supports are not detailed in the provided financial data.
How does the organization manage its significant asset base?
The organization maintains a substantial asset base, currently $5,113,956. While the specific investment strategies are not detailed in the financial summaries, the consistent asset growth and stability suggest prudent financial management, likely through an endowment or investment portfolio.
Why do revenue and expenses fluctuate so significantly year-to-year?
As a private grantmaking foundation, revenue can fluctuate based on investment returns, contributions from the founding family, or other endowment activities. Expenses would then fluctuate based on the amount of grants distributed in a given year, which can vary based on available funds and strategic priorities.
Filing History
IRS 990 filing history for Champagne Family Charitable Tr Agreement showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Champagne Family Charitable Tr Agreement's revenue has declined by 97.8%, moving from $13.3M to $299K. Total assets increased by 37% over the same period, from $3.5M to $4.8M. Total functional expenses fell by 98.1%, from $12.1M to $229K. In its most recent filing year (2023), Champagne Family Charitable Tr Agreement reported a surplus of $70K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $299K | $229K | $4.8M | $1 | — | View 990 |
| 2022 | $488K | $660K | $4.7M | $1 | — | View 990 |
| 2021 | $372K | $183K | $5.0M | $1 | — | View 990 |
| 2020 | $194K | $56K | $4.8M | $1 | — | View 990 |
| 2016 | $149K | $125K | $4.5M | $1 | — | View 990 |
| 2015 | $2.4M | $371K | $4.4M | $1 | — | View 990 |
| 2014 | $934K | $1.2M | $2.7M | $0 | — | View 990 |
| 2013 | $8.8M | $9.6M | $3.0M | $0 | — | View 990 |
| 2012 | $12.1M | $11.8M | $3.9M | $0 | — | View 990 |
| 2011 | $13.3M | $12.1M | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $299K, expenses of $229K, and assets of $4.8M (revenue -38.8% year-over-year).
- 2022: Revenue of $488K, expenses of $660K, and assets of $4.7M (revenue +31.2% year-over-year).
- 2021: Revenue of $372K, expenses of $183K, and assets of $5.0M (revenue +91.8% year-over-year).
- 2020: Revenue of $194K, expenses of $56K, and assets of $4.8M (revenue +29.7% year-over-year).
- 2016: Revenue of $149K, expenses of $125K, and assets of $4.5M (revenue -93.8% year-over-year).
- 2015: Revenue of $2.4M, expenses of $371K, and assets of $4.4M (revenue +158.8% year-over-year).
- 2014: Revenue of $934K, expenses of $1.2M, and assets of $2.7M (revenue -89.4% year-over-year).
- 2013: Revenue of $8.8M, expenses of $9.6M, and assets of $3.0M (revenue -27.4% year-over-year).
- 2012: Revenue of $12.1M, expenses of $11.8M, and assets of $3.9M (revenue -9.0% year-over-year).
- 2011: Revenue of $13.3M, expenses of $12.1M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Champagne Family Charitable Tr Agreement:
Data Sources and Methodology
This transparency report for Champagne Family Charitable Tr Agreement 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.