Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999
Dorothy S Waugh Rvoc Tr maintains substantial assets despite volatile revenue and significant expenses exceeding income in recent years.
EIN: 206338491 · Bangor, ME · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $746K |
| Total Expenses | $312K |
| Program Spending | 90% |
| Net Assets | $1.7M |
| Transparency Score | 85/100 |
Is Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999
Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 (EIN: 206338491) is a nonprofit organization based in Bangor, ME, classified under NTEE code T22. The organization reported total revenue of $746K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $312K |
| Surplus / Deficit | $-167,905 |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | -116.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 65.4 months |
Financial Health Grade: B
In 2023, Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 reported a deficit of $168K with expenses exceeding revenue, holds 65.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -106.7% | +49.6% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 with a Mission Score of 85 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, Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 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 $168K, with expenses exceeding revenue.
- 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 organization, which is a strong positive for resource allocation.
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 Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999's IRS 990 filings:
- Volatile revenue, including a negative revenue year in 2022
- Expenses significantly exceeded revenue in 2023 ($311,553 expenses vs. $143,648 revenue)
Strengths
The following positive indicators were identified for Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999:
- Substantial asset base ($1,785,563) providing financial stability
- Minimal liabilities ($1) indicating strong financial health
- 0% officer compensation reported across all filings, demonstrating efficient use of funds for mission
- Consistent IRS 990 filing history, indicating good transparency
Frequently Asked Questions about Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999
Is Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 a legitimate charity?
Based on AI analysis of IRS 990 filings, Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 (EIN: 206338491) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 spend its money?
Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 tax-deductible?
Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 is registered as a tax-exempt nonprofit (EIN: 206338491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 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 Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 located?
Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 is headquartered in Bangor, Maine and files with the IRS under EIN 206338491. It is classified under NTEE code T22.
How many years of IRS 990 filings does Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 have?
Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $746K in total revenue.
Is Dorothy S Waugh Rvoc Tr a good charity?
Based on the available data, Dorothy S Waugh Rvoc Tr appears to be a well-managed private foundation. It maintains substantial assets ($1,785,563), has negligible liabilities ($1), and reports 0% officer compensation, which are all positive indicators. While revenue has been volatile, its primary function as a grant-making foundation means its expenses are likely directed towards its mission.
What caused the negative revenue in 2022?
The IRS 990 for 202212 shows a revenue of $-11,795. This could be due to investment losses, returns of prior grants, or other non-cash adjustments that resulted in a net negative income for that fiscal period.
How does the organization fund its operations given the revenue fluctuations?
With assets of $1,785,563 and minimal liabilities, the organization likely relies on its endowment and investment income to fund its grantmaking and operational expenses. The significant expenses exceeding revenue in 2023 ($311,553 expenses vs. $143,648 revenue) suggest it may have drawn from its asset base or prior year surpluses to cover costs or make grants.
Filing History
IRS 990 filing history for Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999's revenue has declined by 18.5%, moving from $176K to $144K. Total assets decreased by 14.3% over the same period, from $2.0M to $1.7M. Total functional expenses rose by 357.4%, from $68K to $312K. In its most recent filing year (2023), Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 reported a deficit of $168K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $312K | $1.7M | $1 | — | — |
| 2022 | $-11,795 | $102K | $1.9M | $1 | — | View 990 |
| 2021 | $176K | $68K | $2.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $312K, and assets of $1.7M.
- 2022: Revenue of $-11,795, expenses of $102K, and assets of $1.9M (revenue -106.7% year-over-year).
- 2021: Revenue of $176K, expenses of $68K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999:
Data Sources and Methodology
This transparency report for Dorothy S Waugh Rvoc Tr 07201999 As Amnd 08241999 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.