Eastwick Residuary Trust Ulu M Cs 323740
Eastwick Residuary Trust shows fluctuating revenues but consistent asset growth and zero reported officer compensation.
EIN: 136073019 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $382K |
| Program Spending | 75% |
| Net Assets | $7.5M |
| Transparency Score | 65/100 |
Is Eastwick Residuary Trust Ulu M Cs 323740 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastwick Residuary Trust Ulu M Cs 323740 directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastwick Residuary Trust Ulu M Cs 323740
Eastwick Residuary Trust Ulu M Cs 323740 (EIN: 136073019) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $1.8M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastwick Residuary Trust Ulu M Cs 323740's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastwick Residuary Trust Ulu M Cs 323740 is a mid-size nonprofit that has been operating for 50 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $382K |
| Surplus / Deficit | $-128,298 |
| Total Assets | $7.5M |
| Total Liabilities | $1 |
| Net Assets | $7.5M |
| Operating Margin | -50.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 234.4 months |
Financial Health Grade: B
In 2023, Eastwick Residuary Trust Ulu M Cs 323740 reported a deficit of $128K with expenses exceeding revenue, holds 234.4 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), Eastwick Residuary Trust Ulu M Cs 323740's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.7% | -20.1% | -1.7% |
| 2022 | -96.1% | -24.4% | -4.2% |
| 2021 | +262.1% | +26.1% | +71.1% |
| 2020 | +8.2% | +44.3% | +14.5% |
| 2019 | +202.7% | +6.0% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Eastwick Residuary Trust Ulu M Cs 323740 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Eastwick Residuary Trust Ulu M Cs 323740 allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $128K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer leadership structure or that executive compensation is managed outside the scope of these specific disclosures, which is positive for direct mission spending.
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 Eastwick Residuary Trust Ulu M Cs 323740's IRS 990 filings:
- Significant revenue volatility year-over-year (e.g., $3.9M in 2021 vs. $155K in 2022).
- Expenses exceeding revenue in multiple recent periods (e.g., 2022 and 2023), indicating reliance on asset drawdowns.
- Lack of NTEE code and detailed expense breakdown in provided data, limiting transparency on program focus and spending efficiency.
Strengths
The following positive indicators were identified for Eastwick Residuary Trust Ulu M Cs 323740:
- Consistent asset growth over the long term, from $3.9M in 2011 to $7.4M in 2023.
- Zero reported officer compensation across all filings, indicating efficient use of funds from an executive pay perspective.
- Minimal liabilities ($0-$1) consistently reported, suggesting strong financial management and low debt burden.
Frequently Asked Questions about Eastwick Residuary Trust Ulu M Cs 323740
Is Eastwick Residuary Trust Ulu M Cs 323740 a legitimate charity?
Eastwick Residuary Trust Ulu M Cs 323740 (EIN: 136073019) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Eastwick Residuary Trust Ulu M Cs 323740 spend its money?
Eastwick Residuary Trust Ulu M Cs 323740 directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Eastwick Residuary Trust Ulu M Cs 323740 tax-deductible?
Eastwick Residuary Trust Ulu M Cs 323740 is registered as a tax-exempt nonprofit (EIN: 136073019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eastwick Residuary Trust Ulu M Cs 323740's spending goes to programs?
Eastwick Residuary Trust Ulu M Cs 323740 directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Eastwick Residuary Trust Ulu M Cs 323740 located?
Eastwick Residuary Trust Ulu M Cs 323740 is headquartered in Dallas, Texas and files with the IRS under EIN 136073019.
How many years of IRS 990 filings does Eastwick Residuary Trust Ulu M Cs 323740 have?
Eastwick Residuary Trust Ulu M Cs 323740 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 $1.8M in total revenue.
What is the specific mission or purpose of Eastwick Residuary Trust Ulu M Cs 323740?
The provided data does not include the organization's NTEE code or mission statement, making it difficult to ascertain its specific purpose.
How does the organization manage periods where expenses exceed revenue, such as in 2023 and 2022?
In periods like 2023 and 2022, where expenses ($382,164 and $478,394 respectively) exceeded revenues ($253,866 and $155,033 respectively), the organization likely drew upon its substantial asset base to cover operational costs.
What are the specific categories of expenses for Eastwick Residuary Trust?
The provided IRS 990 data does not offer a detailed breakdown of expenses into categories like program, administrative, or fundraising, which limits a full understanding of spending efficiency.
Filing History
IRS 990 filing history for Eastwick Residuary Trust Ulu M Cs 323740 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Eastwick Residuary Trust Ulu M Cs 323740's revenue has declined by 9.5%, moving from $280K to $254K. Total assets increased by 89% over the same period, from $3.9M to $7.5M. Total functional expenses rose by 63.1%, from $234K to $382K. In its most recent filing year (2023), Eastwick Residuary Trust Ulu M Cs 323740 reported a deficit of $128K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $254K | $382K | $7.5M | $1 | — | View 990 |
| 2022 | $155K | $478K | $7.6M | $1 | — | View 990 |
| 2021 | $3.9M | $633K | $7.9M | $1 | — | View 990 |
| 2020 | $1.1M | $502K | $4.6M | $1 | — | View 990 |
| 2019 | $1.0M | $348K | $4.0M | $1 | — | View 990 |
| 2015 | $331K | $328K | $3.9M | $1 | — | View 990 |
| 2014 | $244K | $332K | $3.9M | $1 | — | View 990 |
| 2013 | $300K | $273K | $4.0M | $0 | — | View 990 |
| 2012 | $232K | $228K | $4.0M | $0 | — | View 990 |
| 2011 | $280K | $234K | $3.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $254K, expenses of $382K, and assets of $7.5M (revenue +63.7% year-over-year).
- 2022: Revenue of $155K, expenses of $478K, and assets of $7.6M (revenue -96.1% year-over-year).
- 2021: Revenue of $3.9M, expenses of $633K, and assets of $7.9M (revenue +262.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $502K, and assets of $4.6M (revenue +8.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $348K, and assets of $4.0M (revenue +202.7% year-over-year).
- 2015: Revenue of $331K, expenses of $328K, and assets of $3.9M (revenue +35.6% year-over-year).
- 2014: Revenue of $244K, expenses of $332K, and assets of $3.9M (revenue -18.6% year-over-year).
- 2013: Revenue of $300K, expenses of $273K, and assets of $4.0M (revenue +29.4% year-over-year).
- 2012: Revenue of $232K, expenses of $228K, and assets of $4.0M (revenue -17.3% year-over-year).
- 2011: Revenue of $280K, expenses of $234K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastwick Residuary Trust Ulu M Cs 323740:
Data Sources and Methodology
This transparency report for Eastwick Residuary Trust Ulu M Cs 323740 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.