David A And Helen P Horn Charitable Tr
David A And Helen P Horn Charitable Tr maintains stable assets and zero officer compensation, operating as a consistent grantmaking entity.
EIN: 208091817 · Chesterbrook, PA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $190K |
| Program Spending | 90% |
| Net Assets | $3.1M |
| Transparency Score | 90/100 |
Is David A And Helen P Horn Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David A And Helen P Horn Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David A And Helen P Horn Charitable Tr
David A And Helen P Horn Charitable Tr (EIN: 208091817) is a nonprofit organization based in Chesterbrook, PA, classified under NTEE code T22. The organization reported total revenue of $2.6M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David A And Helen P Horn Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David A And Helen P Horn Charitable Tr is a mid-size nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $190K |
| Surplus / Deficit | +$31K |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 192.9 months |
Financial Health Grade: A
In 2023, David A And Helen P Horn Charitable Tr reported a surplus of $31K with revenue exceeding expenses, holds 192.9 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), David A And Helen P Horn Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | -11.9% | +1.0% |
| 2022 | -36.3% | +18.0% | -0.9% |
| 2021 | +268.9% | +2.0% | +3.8% |
| 2020 | -69.3% | -11.6% | -3.3% |
| 2019 | +156.7% | -3.1% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 David A And Helen P Horn Charitable Tr 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, David A And Helen P Horn Charitable Tr 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 surplus of $31K, with revenue exceeding expenses.
- 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. This is highly efficient and suggests a volunteer-led or externally managed structure, which is common for smaller private trusts.
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 David A And Helen P Horn Charitable Tr's IRS 990 filings:
- Consistent $1 liability in recent filings is unusual and warrants clarification.
Strengths
The following positive indicators were identified for David A And Helen P Horn Charitable Tr:
- Consistent asset base of approximately $3 million, indicating financial stability.
- Zero officer compensation, demonstrating high efficiency in leadership costs.
- Consistent IRS 990 filing history, showing good compliance and transparency.
- Expenses generally managed within revenue, ensuring long-term sustainability.
Frequently Asked Questions about David A And Helen P Horn Charitable Tr
Is David A And Helen P Horn Charitable Tr a legitimate charity?
David A And Helen P Horn Charitable Tr (EIN: 208091817) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does David A And Helen P Horn Charitable Tr spend its money?
David A And Helen P Horn Charitable Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to David A And Helen P Horn Charitable Tr tax-deductible?
David A And Helen P Horn Charitable Tr is registered as a tax-exempt nonprofit (EIN: 208091817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does David A And Helen P Horn Charitable Tr compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), David A And Helen P Horn Charitable Tr 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 David A And Helen P Horn Charitable Tr located?
David A And Helen P Horn Charitable Tr is headquartered in Chesterbrook, Pennsylvania and files with the IRS under EIN 208091817. It is classified under NTEE code T22.
How many years of IRS 990 filings does David A And Helen P Horn Charitable Tr have?
David A And Helen P Horn Charitable Tr 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 $2.6M in total revenue.
Is David A And Helen P Horn Charitable Tr a good charity?
Based on the financial data, it operates efficiently with no officer compensation and a stable asset base. Its 'goodness' depends on the impact of its grantmaking, which is not detailed in the provided financial summary.
What is the primary function of this organization?
Given its NTEE code (T22 - Private Grantmaking Foundations) and financial structure (stable assets, relatively low revenue/expenses, no officer compensation), its primary function is likely grantmaking rather than direct program services.
How has the organization's financial health changed over time?
The organization has maintained a remarkably stable asset base, consistently around $3 million, over the past decade. Revenue and expenses fluctuate but generally remain within a range that supports the asset base, indicating consistent financial health.
Filing History
IRS 990 filing history for David A And Helen P Horn Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David A And Helen P Horn Charitable Tr's revenue has grown by 197.9%, moving from $74K to $221K. Total assets increased by 6.3% over the same period, from $2.9M to $3.1M. Total functional expenses rose by 4.1%, from $182K to $190K. In its most recent filing year (2023), David A And Helen P Horn Charitable Tr reported a surplus of $31K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $190K | $3.1M | $1 | — | View 990 |
| 2022 | $189K | $216K | $3.0M | $1 | — | View 990 |
| 2021 | $296K | $183K | $3.0M | $1 | — | — |
| 2020 | $80K | $179K | $2.9M | $1 | — | — |
| 2019 | $261K | $203K | $3.0M | $1 | — | View 990 |
| 2015 | $102K | $209K | $3.1M | $0 | — | View 990 |
| 2014 | $132K | $204K | $3.1M | $0 | — | View 990 |
| 2013 | $264K | $192K | $3.1M | $0 | — | View 990 |
| 2012 | $220K | $185K | $2.9M | $0 | — | View 990 |
| 2011 | $74K | $182K | $2.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $190K, and assets of $3.1M (revenue +16.9% year-over-year).
- 2022: Revenue of $189K, expenses of $216K, and assets of $3.0M (revenue -36.3% year-over-year).
- 2021: Revenue of $296K, expenses of $183K, and assets of $3.0M (revenue +268.9% year-over-year).
- 2020: Revenue of $80K, expenses of $179K, and assets of $2.9M (revenue -69.3% year-over-year).
- 2019: Revenue of $261K, expenses of $203K, and assets of $3.0M (revenue +156.7% year-over-year).
- 2015: Revenue of $102K, expenses of $209K, and assets of $3.1M (revenue -22.7% year-over-year).
- 2014: Revenue of $132K, expenses of $204K, and assets of $3.1M (revenue -50.1% year-over-year).
- 2013: Revenue of $264K, expenses of $192K, and assets of $3.1M (revenue +20.1% year-over-year).
- 2012: Revenue of $220K, expenses of $185K, and assets of $2.9M (revenue +196.6% year-over-year).
- 2011: Revenue of $74K, expenses of $182K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David A And Helen P Horn Charitable Tr:
Data Sources and Methodology
This transparency report for David A And Helen P Horn Charitable Tr 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.