Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001
Small children's trust consistently spends more than it earns, drawing down assets.
EIN: 16168453 · Portland, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $6K |
| Program Spending | 80% |
| Net Assets | $71K |
| Transparency Score | 65/100 |
Is Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 (EIN: 16168453) is a nonprofit organization based in Portland, ME, classified under NTEE code B82. The organization reported total revenue of $34K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $6K |
| Surplus / Deficit | $-2,760 |
| Total Assets | $71K |
| Total Liabilities | $1 |
| Net Assets | $71K |
| Operating Margin | -96.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 151.0 months |
Financial Health Grade: B
In 2023, Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 reported a deficit of $3K with expenses exceeding revenue, holds 151.0 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), Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | -6.8% | -3.7% |
| 2022 | -25.1% | -1.4% | -4.0% |
| 2021 | +46.8% | +4.4% | -2.7% |
| 2020 | -78.0% | +3.3% | -3.9% |
| 2019 | +66.1% | -4.5% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 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, Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization operates without paid officers or that any compensation is below reporting thresholds, which is typical for very small trusts or foundations.
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 Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in recent years
- Gradual decline in total assets over the past five years
Strengths
The following positive indicators were identified for Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001:
- Zero officer compensation reported, indicating efficient use of funds for leadership
- Very low liabilities, demonstrating strong financial solvency
- Consistent filing of IRS 990 forms, indicating transparency
Frequently Asked Questions about Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001
Is Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 a legitimate charity?
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 (EIN: 16168453) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $34K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 spend its money?
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 tax-deductible?
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 is registered as a tax-exempt nonprofit (EIN: 16168453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 compare to similar nonprofits?
With a transparency score of 65/100 (Good), Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 located?
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 is headquartered in Portland, Maine and files with the IRS under EIN 16168453. It is classified under NTEE code B82.
How many years of IRS 990 filings does Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 have?
Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 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 $34K in total revenue.
What specific programs does Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 fund?
The provided data does not detail specific programs. The NTEE code B82 suggests a focus on children and youth services, but further information would require reviewing the full 990 forms or the organization's website.
Why do expenses consistently exceed revenue in recent years?
Expenses have exceeded revenue in several recent periods (e.g., $5,636 expenses vs. $2,876 revenue in 2023), indicating the organization is likely drawing down its asset base to cover operational and programmatic costs, which is common for foundations with fixed endowments.
Is the decline in assets a concern for the organization's long-term viability?
The gradual decline in assets from $82,066 in 2019 to $70,904 in 2023, coupled with expenses often exceeding revenue, suggests a slow depletion of its principal. While not immediately critical given the current asset level, this trend could impact long-term sustainability if not addressed.
Filing History
IRS 990 filing history for Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001's revenue has grown by 35.9%, moving from $2K to $3K. Total assets decreased by 3.2% over the same period, from $73K to $71K. Total functional expenses rose by 13.5%, from $5K to $6K. In its most recent filing year (2023), Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $71K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $71K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $6K | $71K | $1 | — | — |
| 2022 | $3K | $6K | $74K | $1 | — | — |
| 2021 | $4K | $6K | $77K | $1 | — | — |
| 2020 | $3K | $6K | $79K | $1 | — | — |
| 2019 | $12K | $6K | $82K | $1 | — | View 990 |
| 2015 | $7K | $6K | $77K | $0 | — | View 990 |
| 2014 | $5K | $6K | $76K | $0 | — | View 990 |
| 2013 | $6K | $5K | $77K | $0 | — | View 990 |
| 2012 | $8K | $6K | $76K | $1 | — | View 990 |
| 2011 | $2K | $5K | $73K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $6K, and assets of $71K (revenue -3.4% year-over-year).
- 2022: Revenue of $3K, expenses of $6K, and assets of $74K (revenue -25.1% year-over-year).
- 2021: Revenue of $4K, expenses of $6K, and assets of $77K (revenue +46.8% year-over-year).
- 2020: Revenue of $3K, expenses of $6K, and assets of $79K (revenue -78.0% year-over-year).
- 2019: Revenue of $12K, expenses of $6K, and assets of $82K (revenue +66.1% year-over-year).
- 2015: Revenue of $7K, expenses of $6K, and assets of $77K (revenue +60.5% year-over-year).
- 2014: Revenue of $5K, expenses of $6K, and assets of $76K (revenue -28.6% year-over-year).
- 2013: Revenue of $6K, expenses of $5K, and assets of $77K (revenue -22.6% year-over-year).
- 2012: Revenue of $8K, expenses of $6K, and assets of $76K (revenue +294.7% year-over-year).
- 2011: Revenue of $2K, expenses of $5K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001:
Data Sources and Methodology
This transparency report for Clarence A Tucker & Gladys C Tucker Cherryfield Childrens Tr 2001 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.