Charles J Dannatt Trust
Charles J Dannatt Trust consistently distributes funds with no executive compensation, often spending slightly more than annual revenue.
EIN: 201707119 · Clinton, IA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $66K |
| Program Spending | 95% |
| Net Assets | $67K |
| Transparency Score | 90/100 |
Is Charles J Dannatt Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charles J Dannatt Trust directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles J Dannatt Trust
Charles J Dannatt Trust (EIN: 201707119) is a nonprofit organization based in Clinton, IA, classified under NTEE code T22. The organization reported total revenue of $63K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles J Dannatt Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles J Dannatt Trust is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $66K |
| Surplus / Deficit | $-2,234 |
| Total Assets | $67K |
| Net Assets | $67K |
| Operating Margin | -3.5% |
| Months of Reserves | 12.2 months |
Financial Health Grade: B
In 2023, Charles J Dannatt Trust reported a deficit of $2K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Charles J Dannatt Trust's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -2.3% | -3.2% |
| 2022 | -0.8% | +10.7% | -5.2% |
| 2021 | +0.8% | -1.1% | +5.2% |
| 2020 | +0.0% | -4.7% | +3.1% |
| 2019 | +0.0% | -6.4% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Charles J Dannatt 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 J Dannatt 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 $2K, with expenses exceeding revenue.
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 commendable for an organization of its size.
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 J Dannatt Trust:
- 0% Officer Compensation: No executive compensation reported across all filings, indicating high efficiency and mission focus.
- No Liabilities: Consistently reports $0 in liabilities, demonstrating strong financial health.
- Consistent Revenue: Stable annual revenue of approximately $63,450 over the past decade.
- High Programmatic Spending: Given 0% officer compensation, a very high percentage of expenses likely goes directly to programs.
- Strong Transparency: Consistent and timely IRS 990 filings over 13 periods.
Frequently Asked Questions about Charles J Dannatt Trust
Is Charles J Dannatt Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles J Dannatt Trust (EIN: 201707119) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Charles J Dannatt Trust spend its money?
Charles J Dannatt Trust directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charles J Dannatt Trust tax-deductible?
Charles J Dannatt Trust is registered as a tax-exempt nonprofit (EIN: 201707119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Charles J Dannatt Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Charles J Dannatt Trust is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Charles J Dannatt Trust located?
Charles J Dannatt Trust is headquartered in Clinton, Iowa and files with the IRS under EIN 201707119. It is classified under NTEE code T22.
How many years of IRS 990 filings does Charles J Dannatt Trust have?
Charles J Dannatt Trust has 13 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 $63K in total revenue.
Is Charles J Dannatt Trust a good charity?
Based on the provided financial data, the Charles J Dannatt Trust appears to be a highly efficient and transparent private grantmaking foundation. It consistently spends its revenue on its mission, reports 0% officer compensation, and has no liabilities, making it a financially sound entity.
How does the trust manage its expenses relative to its revenue?
The trust's expenses are consistently close to its revenue, often slightly exceeding it, such as in 2023 ($65,684 expenses vs. $63,450 revenue) and 2022 ($67,254 expenses vs. $63,450 revenue). This indicates a strategy of distributing most available funds annually rather than accumulating significant reserves.
What is the financial stability of the Charles J Dannatt Trust?
The trust demonstrates good financial stability with a consistent asset base (around $60,000-$70,000) and no reported liabilities across all filings. While expenses sometimes exceed revenue, the overall financial picture is stable for a grantmaking foundation of its size.
Filing History
IRS 990 filing history for Charles J Dannatt Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Charles J Dannatt Trust's revenue has grown by 47.6%, moving from $43K to $63K. Total assets increased by 9.5% over the same period, from $61K to $67K. Total functional expenses rose by 39.4%, from $47K to $66K. In its most recent filing year (2023), Charles J Dannatt Trust reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $66K | $67K | $0 | — | View 990 |
| 2022 | $63K | $67K | $69K | $0 | — | View 990 |
| 2021 | $64K | $61K | $73K | $0 | — | — |
| 2020 | $63K | $61K | $69K | $0 | — | — |
| 2019 | $63K | $64K | $67K | $0 | — | View 990 |
| 2018 | $63K | $69K | $68K | $0 | — | View 990 |
| 2017 | $63K | $51K | $73K | $0 | — | View 990 |
| 2016 | $63K | $69K | $61K | $0 | — | View 990 |
| 2015 | $63K | $63K | $66K | $0 | — | View 990 |
| 2014 | $63K | $61K | $65K | $0 | — | View 990 |
| 2013 | $54K | $52K | $63K | $0 | — | View 990 |
| 2012 | $43K | $43K | $61K | $0 | — | View 990 |
| 2011 | $43K | $47K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $66K, and assets of $67K (revenue +0.0% year-over-year).
- 2022: Revenue of $63K, expenses of $67K, and assets of $69K (revenue -0.8% year-over-year).
- 2021: Revenue of $64K, expenses of $61K, and assets of $73K (revenue +0.8% year-over-year).
- 2020: Revenue of $63K, expenses of $61K, and assets of $69K (revenue +0.0% year-over-year).
- 2019: Revenue of $63K, expenses of $64K, and assets of $67K (revenue +0.0% year-over-year).
- 2018: Revenue of $63K, expenses of $69K, and assets of $68K (revenue +0.0% year-over-year).
- 2017: Revenue of $63K, expenses of $51K, and assets of $73K (revenue +0.0% year-over-year).
- 2016: Revenue of $63K, expenses of $69K, and assets of $61K (revenue +0.0% year-over-year).
- 2015: Revenue of $63K, expenses of $63K, and assets of $66K (revenue +0.0% year-over-year).
- 2014: Revenue of $63K, expenses of $61K, and assets of $65K (revenue +17.5% year-over-year).
- 2013: Revenue of $54K, expenses of $52K, and assets of $63K (revenue +25.6% year-over-year).
- 2012: Revenue of $43K, expenses of $43K, and assets of $61K (revenue +0.0% year-over-year).
- 2011: Revenue of $43K, expenses of $47K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles J Dannatt Trust:
Data Sources and Methodology
This transparency report for Charles J Dannatt 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.