David O Watkins Hospital Fd Tr Fbo Underwd Mem

David O Watkins Hospital Fund Trust consistently operates with stable assets but frequently incurs expenses exceeding revenue.

EIN: 216012141 · Saint Louis, MO · Updated: 2026-03-28

$962KRevenue
$2.3MAssets
75/100Mission Score (Good)
David O Watkins Hospital Fd Tr Fbo Underwd Mem Financial Summary
MetricValue
Total Revenue$962K
Total Expenses$169K
Program Spending80%
Net Assets$2.3M
Transparency Score75/100

Is David O Watkins Hospital Fd Tr Fbo Underwd Mem Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

David O Watkins Hospital Fd Tr Fbo Underwd Mem directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About David O Watkins Hospital Fd Tr Fbo Underwd Mem

David O Watkins Hospital Fd Tr Fbo Underwd Mem (EIN: 216012141) is a nonprofit organization based in Saint Louis, MO. The organization reported total revenue of $962K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David O Watkins Hospital Fd Tr Fbo Underwd Mem's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

David O Watkins Hospital Fd Tr Fbo Underwd Mem is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$70K
Total Expenses$169K
Surplus / Deficit$-98,892
Total Assets$2.3M
Total Liabilities$1
Net Assets$2.3M
Operating Margin-140.8%
Debt-to-Asset Ratio0.0%
Months of Reserves164.5 months

Financial Health Grade: B

In 2023, David O Watkins Hospital Fd Tr Fbo Underwd Mem reported a deficit of $99K with expenses exceeding revenue, holds 164.5 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), David O Watkins Hospital Fd Tr Fbo Underwd Mem's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-36.6%-3.7%-4.2%
2022-61.1%+9.3%-2.6%
2021+69.8%+2.5%+5.3%
2020-22.2%+0.5%+0.5%
2019+139.6%+47.6%-0.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The David O Watkins Hospital Fd Tr Fbo Underwd Mem appears to be a well-established organization with consistent asset levels, hovering around $2.3 to $2.4 million over the past decade. The organization's revenue has fluctuated, with a notable peak of $284,833 in 2021, but generally ranges between $70,000 and $170,000 annually. Expenses have also been relatively stable, typically between $135,000 and $175,000. In several recent years, including 2023 and 2022, expenses have exceeded revenue, leading to a slight decline in assets. For instance, in 2023, revenue was $70,251 while expenses were $169,143, resulting in a net loss for the period. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds and a focus on its mission rather than executive salaries. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising. The consistent reporting of only $1 in liabilities across all filings suggests a very strong balance sheet with minimal debt. Overall, the organization demonstrates financial stability in terms of assets and a commitment to avoiding executive compensation. However, the recurring deficit in recent years, where expenses outpace revenue, warrants closer examination to ensure long-term sustainability. Transparency could be enhanced with more detailed expense categorization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates David O Watkins Hospital Fd Tr Fbo Underwd Mem with a Mission Score of 75 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, David O Watkins Hospital Fd Tr Fbo Underwd Mem allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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:

$70KTotal Revenue
$169KTotal Expenses
$2.3MTotal Assets
$1Total Liabilities
$2.3MNet Assets
  • The organization reported a deficit of $99K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is a strong positive for financial efficiency.

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 O Watkins Hospital Fd Tr Fbo Underwd Mem's IRS 990 filings:

  • Expenses consistently exceed revenue in recent years (e.g., 2023: $70,251 revenue vs. $169,143 expenses; 2022: $110,726 revenue vs. $175,586 expenses).
  • Lack of detailed expense breakdown in available data makes it difficult to assess spending efficiency.

Strengths

The following positive indicators were identified for David O Watkins Hospital Fd Tr Fbo Underwd Mem:

  • Consistent reporting of 0% officer compensation, indicating no executive salaries.
  • Stable asset base, consistently above $2.2 million over the past decade.
  • Extremely low liabilities, consistently reported as $1, indicating a very strong balance sheet.

Frequently Asked Questions about David O Watkins Hospital Fd Tr Fbo Underwd Mem

Is David O Watkins Hospital Fd Tr Fbo Underwd Mem a legitimate charity?

David O Watkins Hospital Fd Tr Fbo Underwd Mem (EIN: 216012141) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $962K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does David O Watkins Hospital Fd Tr Fbo Underwd Mem spend its money?

David O Watkins Hospital Fd Tr Fbo Underwd Mem directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to David O Watkins Hospital Fd Tr Fbo Underwd Mem tax-deductible?

David O Watkins Hospital Fd Tr Fbo Underwd Mem is registered as a tax-exempt nonprofit (EIN: 216012141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of David O Watkins Hospital Fd Tr Fbo Underwd Mem's spending goes to programs?

David O Watkins Hospital Fd Tr Fbo Underwd Mem directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is David O Watkins Hospital Fd Tr Fbo Underwd Mem located?

David O Watkins Hospital Fd Tr Fbo Underwd Mem is headquartered in Saint Louis, Missouri and files with the IRS under EIN 216012141.

How many years of IRS 990 filings does David O Watkins Hospital Fd Tr Fbo Underwd Mem have?

David O Watkins Hospital Fd Tr Fbo Underwd Mem 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 $962K in total revenue.

Is David O Watkins Hospital Fd Tr Fbo Underwd Mem financially sustainable given recent deficits?

In 2023, the organization had revenue of $70,251 and expenses of $169,143, resulting in a significant deficit. Similar deficits occurred in 2022 ($110,726 revenue vs. $175,586 expenses). While assets remain substantial at $2,318,371 in 2023, a continued trend of expenses exceeding revenue could impact long-term sustainability if not addressed.

What are the primary expense categories for this organization?

The provided data only gives total expenses. Without a detailed breakdown from the IRS 990, it is not possible to determine the specific allocation between program services, administrative costs, and fundraising expenses.

How does the organization maintain its assets despite recurring deficits?

The organization's assets have slightly declined from $2,485,275 in 2021 to $2,318,371 in 2023, indicating that the deficits are being covered by drawing down existing assets. This is sustainable in the short term due to the significant asset base, but not indefinitely.

Filing History

IRS 990 filing history for David O Watkins Hospital Fd Tr Fbo Underwd Mem showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), David O Watkins Hospital Fd Tr Fbo Underwd Mem's revenue has declined by 38%, moving from $113K to $70K. Total assets decreased by 5.8% over the same period, from $2.5M to $2.3M. Total functional expenses rose by 24.9%, from $135K to $169K. In its most recent filing year (2023), David O Watkins Hospital Fd Tr Fbo Underwd Mem reported a deficit of $99K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $70K $169K $2.3M $1 View 990
2022 $111K $176K $2.4M $1 View 990
2021 $285K $161K $2.5M $1
2020 $168K $157K $2.4M $1 View 990
2019 $216K $156K $2.3M $1 View 990
2015 $90K $106K $2.4M $1 View 990
2014 $159K $161K $2.4M $1 View 990
2013 $118K $164K $2.4M $1 View 990
2012 $125K $146K $2.4M $1 View 990
2011 $113K $135K $2.5M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $70K, expenses of $169K, and assets of $2.3M (revenue -36.6% year-over-year).
  • 2022: Revenue of $111K, expenses of $176K, and assets of $2.4M (revenue -61.1% year-over-year).
  • 2021: Revenue of $285K, expenses of $161K, and assets of $2.5M (revenue +69.8% year-over-year).
  • 2020: Revenue of $168K, expenses of $157K, and assets of $2.4M (revenue -22.2% year-over-year).
  • 2019: Revenue of $216K, expenses of $156K, and assets of $2.3M (revenue +139.6% year-over-year).
  • 2015: Revenue of $90K, expenses of $106K, and assets of $2.4M (revenue -43.4% year-over-year).
  • 2014: Revenue of $159K, expenses of $161K, and assets of $2.4M (revenue +35.4% year-over-year).
  • 2013: Revenue of $118K, expenses of $164K, and assets of $2.4M (revenue -6.0% year-over-year).
  • 2012: Revenue of $125K, expenses of $146K, and assets of $2.4M (revenue +10.2% year-over-year).
  • 2011: Revenue of $113K, expenses of $135K, and assets of $2.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for David O Watkins Hospital Fd Tr Fbo Underwd Mem:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for David O Watkins Hospital Fd Tr Fbo Underwd Mem 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.

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