Copolymer Retirees Trust
Copolymer Retirees Trust faces consistent net losses and declining assets, drawing down principal to cover expenses.
EIN: 204982669 · Baton Rouge, LA · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| Net Assets | $5.3M |
| Transparency Score | 60/100 |
Is Copolymer Retirees Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Copolymer Retirees Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Copolymer Retirees Trust
Copolymer Retirees Trust (EIN: 204982669) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code Y43. The organization reported total revenue of $1.1M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Copolymer Retirees Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Copolymer Retirees Trust is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $912K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-559,423 |
| Total Assets | $5.3M |
| Total Liabilities | $1K |
| Net Assets | $5.3M |
| Operating Margin | -61.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 42.9 months |
Financial Health Grade: B
In 2023, Copolymer Retirees Trust reported a deficit of $559K with expenses exceeding revenue, holds 42.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Copolymer Retirees Trust's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +502.5% | -7.6% | -9.6% |
| 2022 | -88.6% | -4.0% | -19.8% |
| 2021 | -6.3% | -11.3% | -4.5% |
| 2020 | +4.0% | -9.0% | -5.6% |
| 2019 | -14.5% | -30.7% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Copolymer Retirees Trust with a Mission Score of 60 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Copolymer Retirees Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $559K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly efficient for a trust of this 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.
Red Flags
The following concerns were identified during AI analysis of Copolymer Retirees Trust's IRS 990 filings:
- Consistent and significant net losses over multiple years (e.g., $559,423 deficit in 2023, $1,440,269 deficit in 2022).
- Steady decline in total assets, from $18.2M in 2014 to $5.2M in 2023, indicating reliance on principal for operations.
- Expenses consistently far exceeding revenue, raising concerns about long-term financial viability.
Strengths
The following positive indicators were identified for Copolymer Retirees Trust:
- Zero officer compensation reported across all filings, indicating highly efficient executive-level administrative costs.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Maintains a substantial asset base, despite its decline, providing a buffer for current obligations.
Frequently Asked Questions about Copolymer Retirees Trust
Is Copolymer Retirees Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Copolymer Retirees Trust (EIN: 204982669) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Copolymer Retirees Trust spend its money?
Copolymer Retirees Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Copolymer Retirees Trust tax-deductible?
Copolymer Retirees Trust is registered as a tax-exempt nonprofit (EIN: 204982669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Copolymer Retirees Trust compare to similar nonprofits?
With a transparency score of 60/100 (Good), Copolymer Retirees Trust is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Copolymer Retirees Trust located?
Copolymer Retirees Trust is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 204982669. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Copolymer Retirees Trust have?
Copolymer Retirees 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 $1.1M in total revenue.
Is Copolymer Retirees Trust financially sustainable long-term?
The trust's long-term financial sustainability is questionable given its consistent pattern of expenses exceeding revenue, leading to a steady decline in assets from $18.2M in 2014 to $5.2M in 2023.
What is the primary cause of the significant net losses?
The filings consistently show expenses significantly higher than revenue. For example, in 2023, expenses were $1,470,961 while revenue was $911,538, indicating that the trust is spending more than it earns annually.
How does the trust cover its operational deficits?
The trust appears to cover its operational deficits by drawing down its asset base, as evidenced by the continuous decline in total assets over the past decade.
What is the nature of the 'program' spending for this trust?
As a retirees trust, the primary 'program' spending would likely be the distribution of benefits to its beneficiaries, which would constitute the majority of its expenses.
Is the trust transparent about its financial operations?
The consistent filing of IRS Form 990s and the clear reporting of revenue, expenses, assets, and liabilities, along with 0% officer compensation, suggest a reasonable level of financial transparency.
Filing History
IRS 990 filing history for Copolymer Retirees Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Copolymer Retirees Trust's revenue has declined by 64.3%, moving from $2.6M to $912K. Total assets decreased by 74.4% over the same period, from $20.5M to $5.3M. Total functional expenses fell by 57%, from $3.4M to $1.5M. In its most recent filing year (2023), Copolymer Retirees Trust reported a deficit of $559K, with expenses exceeding revenue. The organization holds $1K in liabilities against $5.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $912K | $1.5M | $5.3M | $1K | — | — |
| 2022 | $151K | $1.6M | $5.8M | $1K | — | View 990 |
| 2021 | $1.3M | $1.7M | $7.3M | $1K | — | — |
| 2020 | $1.4M | $1.9M | $7.6M | $7K | — | — |
| 2019 | $1.4M | $2.1M | $8.1M | $1K | — | View 990 |
| 2018 | $1.6M | $3.0M | $8.8M | $1K | — | View 990 |
| 2017 | $1.8M | $3.8M | $10.1M | $11K | — | View 990 |
| 2016 | $2.0M | $5.7M | $12.2M | $19K | — | View 990 |
| 2015 | $1.1M | $3.5M | $15.9M | $1K | — | View 990 |
| 2014 | $2.9M | $3.0M | $18.3M | $1K | — | View 990 |
| 2013 | $2.1M | $3.1M | $18.4M | $0 | — | View 990 |
| 2012 | $2.2M | $3.3M | $19.4M | $0 | — | — |
| 2011 | $2.6M | $3.4M | $20.5M | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $912K, expenses of $1.5M, and assets of $5.3M (revenue +502.5% year-over-year).
- 2022: Revenue of $151K, expenses of $1.6M, and assets of $5.8M (revenue -88.6% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.7M, and assets of $7.3M (revenue -6.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.9M, and assets of $7.6M (revenue +4.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $2.1M, and assets of $8.1M (revenue -14.5% year-over-year).
- 2018: Revenue of $1.6M, expenses of $3.0M, and assets of $8.8M (revenue -11.2% year-over-year).
- 2017: Revenue of $1.8M, expenses of $3.8M, and assets of $10.1M (revenue -8.9% year-over-year).
- 2016: Revenue of $2.0M, expenses of $5.7M, and assets of $12.2M (revenue +77.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $3.5M, and assets of $15.9M (revenue -62.1% year-over-year).
- 2014: Revenue of $2.9M, expenses of $3.0M, and assets of $18.3M (revenue +40.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $3.1M, and assets of $18.4M (revenue -7.4% year-over-year).
- 2012: Revenue of $2.2M, expenses of $3.3M, and assets of $19.4M (revenue -12.4% year-over-year).
- 2011: Revenue of $2.6M, expenses of $3.4M, and assets of $20.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Copolymer Retirees Trust:
Data Sources and Methodology
This transparency report for Copolymer Retirees 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.