Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot

Charitable Trust consistently spends more than it earns, drawing down assets.

EIN: 16084838 · Falmouth, ME · Updated: 2026-03-28

$0Revenue
$0Assets
65/100Mission Score (Good)
Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot Financial Summary
MetricValue
Total Expenses$17K
Program Spending80%
Net Assets$235K
Transparency Score65/100

Is Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot (EIN: 16084838) is a nonprofit organization based in Falmouth, ME. 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 Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

MicroSize Classification
5Years of Filings
MixedRevenue Trajectory

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 4.0%.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

Total Revenue$11K
Total Expenses$17K
Surplus / Deficit$-6,415
Total Assets$235K
Total Liabilities$1
Net Assets$235K
Operating Margin-59.0%
Debt-to-Asset Ratio0.0%
Months of Reserves163.2 months

Financial Health Grade: B

In 2015, Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot reported a deficit of $6K with expenses exceeding revenue, holds 163.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 5 years of filings (2011–2015), Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.

YearRevenue ChangeExpense ChangeAsset Change
2015+9.8%+5.6%-2.7%
2014+3.4%+8.4%-2.6%
2013+9.7%+2.6%-2.2%
2012-6.2%-10.9%-2.3%

AI Transparency Report

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot appears to be a small trust with consistent, albeit modest, financial activity. Over the past five years, its revenue has fluctuated between approximately $8,725 and $10,865, while expenses have consistently exceeded revenue, ranging from $14,715 to $17,280. This consistent deficit spending has led to a gradual decline in assets, from $259,453 in 2011 to $235,048 in 2015. The organization reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. The trust's financial health shows a pattern of spending down its principal, as evidenced by the declining asset base and consistent operating deficits. While the specific program activities are not detailed in the provided data, the lack of revenue generation beyond investment income (implied by the consistent, small revenue figures) suggests it functions more as a disbursing trust than an actively fundraising charity. Its transparency is good in terms of filing its 990s, but without more detailed program expense breakdowns, it's difficult to fully assess spending efficiency beyond the overall deficit. Given the consistent expenses exceeding revenue and the declining asset base, the trust's long-term financial sustainability is a concern if this trend continues without a change in investment performance or distribution strategy. The zero officer compensation is a strong point, indicating that the trust's resources are not being used for high administrative salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot with a Mission Score of 65 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: 20%
  • programs: 80%
  • fundraising: 0%

According to IRS 990 filings, Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$11KTotal Revenue
$17KTotal Expenses
$235KTotal Assets
$1Total Liabilities
$235KNet Assets
  • The organization reported a deficit of $6K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all five years, indicating that no executive salaries are being paid from the trust's funds, which is highly favorable 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.

Red Flags

The following concerns were identified during AI analysis of Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot's IRS 990 filings:

  • Consistent deficit spending, with expenses exceeding revenue by $5,000-$7,000 annually.
  • Declining asset base, from $259,453 in 2011 to $235,048 in 2015, indicating a spend-down of principal.
  • Lack of detailed program expense breakdown in the provided summary, making it hard to assess specific impact.

Strengths

The following positive indicators were identified for Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot:

  • Zero officer compensation reported across all filings, indicating efficient use of funds for non-executive purposes.
  • Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.

Frequently Asked Questions about Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot

Is Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot a legitimate charity?

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot (EIN: 16084838) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.

How does Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot spend its money?

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot tax-deductible?

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot is registered as a tax-exempt nonprofit (EIN: 16084838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot located?

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot is headquartered in Falmouth, Maine and files with the IRS under EIN 16084838.

How many years of IRS 990 filings does Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot have?

Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.

What are the specific programs or beneficiaries supported by this trust?

The provided data does not detail the specific programs or beneficiaries. Further investigation into the trust's governing documents or more detailed 990 schedules would be needed.

Why does the trust consistently spend more than its revenue?

The trust consistently spends more than its revenue, with expenses ranging from $14,715 to $17,280 against revenues of $8,725 to $10,865. This suggests it is intentionally distributing more than its annual income, drawing down its principal assets.

What is the long-term plan for the trust's declining assets?

With assets declining from $259,453 in 2011 to $235,048 in 2015 due to consistent deficit spending, the trust's long-term sustainability is questionable without a strategy to increase revenue or reduce expenses/distributions.

Filing History

IRS 990 filing history for Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2015), Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot's revenue has grown by 16.8%, moving from $9K to $11K. Total assets decreased by 9.4% over the same period, from $259K to $235K. Total functional expenses rose by 4.6%, from $17K to $17K. In its most recent filing year (2015), Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $235K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $235K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $11K $17K $235K $1 View 990
2014 $10K $16K $241K $1 View 990
2013 $10K $15K $248K $1 View 990
2012 $9K $15K $253K $1 View 990
2011 $9K $17K $259K $1 View 990

Year-by-Year Financial Summary

  • 2015: Revenue of $11K, expenses of $17K, and assets of $235K (revenue +9.8% year-over-year).
  • 2014: Revenue of $10K, expenses of $16K, and assets of $241K (revenue +3.4% year-over-year).
  • 2013: Revenue of $10K, expenses of $15K, and assets of $248K (revenue +9.7% year-over-year).
  • 2012: Revenue of $9K, expenses of $15K, and assets of $253K (revenue -6.2% year-over-year).
  • 2011: Revenue of $9K, expenses of $17K, and assets of $259K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot:

2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Charitable Trust Uw Of Harry E Cummings C/O Donald E Talbot 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.

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