Charles F And Jessie Moore Headenscholarship Endowment Trust
Charles F And Jessie Moore Headenscholarship Endowment Trust consistently operates with zero officer compensation, distributing scholarships from a substantial asset base.
EIN: 207398619 · Roswell, NM · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $183K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.5M |
| Transparency Score | 90/100 |
Is Charles F And Jessie Moore Headenscholarship Endowment Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charles F And Jessie Moore Headenscholarship Endowment Trust directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles F And Jessie Moore Headenscholarship Endowment Trust
Charles F And Jessie Moore Headenscholarship Endowment Trust (EIN: 207398619) is a nonprofit organization based in Roswell, NM, classified under NTEE code T20. The organization reported total revenue of $144K and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles F And Jessie Moore Headenscholarship Endowment Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles F And Jessie Moore Headenscholarship Endowment Trust is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 166.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $127K |
| Total Expenses | $183K |
| Surplus / Deficit | $-56,233 |
| Total Assets | $3.5M |
| Total Liabilities | $1 |
| Net Assets | $3.5M |
| Operating Margin | -44.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 230.5 months |
Financial Health Grade: B
In 2023, Charles F And Jessie Moore Headenscholarship Endowment Trust reported a deficit of $56K with expenses exceeding revenue, holds 230.5 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), Charles F And Jessie Moore Headenscholarship Endowment Trust's revenue has grown at a compound annual growth rate (CAGR) of 166.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | -10.2% | +0.7% |
| 2022 | +80.3% | -3.4% | -14.8% |
| 2021 | +100.0% | +0.3% | -3.0% |
| 2020 | +65.7% | +43.7% | -4.0% |
| 2019 | -94.9% | -72.7% | -37.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Charles F And Jessie Moore Headenscholarship Endowment Trust 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, Charles F And Jessie Moore Headenscholarship Endowment Trust 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 $56K, 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 or key employees receive salaries from the trust, which is highly efficient for an organization of its size with assets over $3 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.
Strengths
The following positive indicators were identified for Charles F And Jessie Moore Headenscholarship Endowment Trust:
- Consistently reports 0% officer compensation, indicating high efficiency and dedication to mission.
- Maintains a substantial asset base ($3,421,967 latest reported) providing long-term stability for scholarship programs.
- Consistently low or zero liabilities, demonstrating strong financial management.
- Clear program focus on scholarships (NTEE T20) with no apparent diversion of funds to administrative overhead or fundraising.
Frequently Asked Questions about Charles F And Jessie Moore Headenscholarship Endowment Trust
Is Charles F And Jessie Moore Headenscholarship Endowment Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles F And Jessie Moore Headenscholarship Endowment Trust (EIN: 207398619) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Charles F And Jessie Moore Headenscholarship Endowment Trust spend its money?
Charles F And Jessie Moore Headenscholarship Endowment Trust directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charles F And Jessie Moore Headenscholarship Endowment Trust tax-deductible?
Charles F And Jessie Moore Headenscholarship Endowment Trust is registered as a tax-exempt nonprofit (EIN: 207398619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Charles F And Jessie Moore Headenscholarship Endowment Trust CEO make?
Charles F And Jessie Moore Headenscholarship Endowment Trust's highest-compensated officer earns $3 annually. The organization reported $144K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Charles F And Jessie Moore Headenscholarship Endowment Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Charles F And Jessie Moore Headenscholarship Endowment Trust 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 Charles F And Jessie Moore Headenscholarship Endowment Trust located?
Charles F And Jessie Moore Headenscholarship Endowment Trust is headquartered in Roswell, New Mexico and files with the IRS under EIN 207398619. It is classified under NTEE code T20.
How many years of IRS 990 filings does Charles F And Jessie Moore Headenscholarship Endowment Trust have?
Charles F And Jessie Moore Headenscholarship Endowment Trust 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 $144K in total revenue.
Is Charles F And Jessie Moore Headenscholarship Endowment Trust a good charity?
Yes, based on the available data, it appears to be a very good charity. It consistently reports zero officer compensation, has a substantial asset base of over $3.4 million, and its primary function is to provide scholarships, aligning directly with its mission.
How does the trust manage its expenses relative to its revenue?
In recent years (2020-2023), the trust's expenses have exceeded its revenue. For example, in 2023, expenses were $182,796 against $126,563 in revenue. This is typical for an endowment that distributes funds, potentially drawing from its principal or accumulated investment gains, rather than solely relying on annual donations.
What is the long-term trend of the trust's assets?
The trust's assets have fluctuated significantly over time. They peaked around $11.5 million in 2014, then declined to around $3.4-$4.3 million in recent years. This could be due to significant distributions, market performance, or changes in investment strategy.
Filing History
IRS 990 filing history for Charles F And Jessie Moore Headenscholarship Endowment Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Charles F And Jessie Moore Headenscholarship Endowment Trust's revenue has grown by 12656200%, moving from $1 to $127K. Total assets increased by 351051.7% over the same period, from $1K to $3.5M. In its most recent filing year (2023), Charles F And Jessie Moore Headenscholarship Endowment Trust reported a deficit of $56K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $183K | $3.5M | $1 | — | View 990 |
| 2022 | $115K | $204K | $3.5M | $1 | — | View 990 |
| 2021 | $64K | $211K | $4.1M | $1 | — | View 990 |
| 2020 | $32K | $210K | $4.2M | $1 | — | — |
| 2019 | $19K | $146K | $4.4M | $0 | — | View 990 |
| 2015 | $376K | $535K | $7.0M | $11K | — | View 990 |
| 2014 | $11.7M | $205K | $11.5M | $133 | — | View 990 |
| 2013 | $1 | $0 | $1K | $0 | — | View 990 |
| 2012 | $1 | $0 | $1K | $0 | — | View 990 |
| 2011 | $1 | $0 | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $183K, and assets of $3.5M (revenue +10.0% year-over-year).
- 2022: Revenue of $115K, expenses of $204K, and assets of $3.5M (revenue +80.3% year-over-year).
- 2021: Revenue of $64K, expenses of $211K, and assets of $4.1M (revenue +100.0% year-over-year).
- 2020: Revenue of $32K, expenses of $210K, and assets of $4.2M (revenue +65.7% year-over-year).
- 2019: Revenue of $19K, expenses of $146K, and assets of $4.4M (revenue -94.9% year-over-year).
- 2015: Revenue of $376K, expenses of $535K, and assets of $7.0M (revenue -96.8% year-over-year).
- 2014: Revenue of $11.7M, expenses of $205K, and assets of $11.5M (revenue +1173504700.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1K (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1K (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles F And Jessie Moore Headenscholarship Endowment Trust:
Data Sources and Methodology
This transparency report for Charles F And Jessie Moore Headenscholarship Endowment Trust 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.