Edward J Mary H And Paul Holubek Memorial Trust

Edward J Mary H And Paul Holubek Memorial Trust maintains stable assets with no officer compensation.

EIN: 206537520 · Pennington, NJ · NTEE: T20 · Updated: 2026-03-28

$943KRevenue
$1.7MAssets
90/100Mission Score (Excellent)
T20
Edward J Mary H And Paul Holubek Memorial Trust Financial Summary
MetricValue
Total Revenue$943K
Total Expenses$129K
Program Spending90%
Net Assets$1.7M
Transparency Score90/100

Is Edward J Mary H And Paul Holubek Memorial Trust Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Edward J Mary H And Paul Holubek Memorial Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Edward J Mary H And Paul Holubek Memorial Trust

Edward J Mary H And Paul Holubek Memorial Trust (EIN: 206537520) is a nonprofit organization based in Pennington, NJ, classified under NTEE code T20. The organization reported total revenue of $943K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward J Mary H And Paul Holubek Memorial Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Edward J Mary H And Paul Holubek Memorial Trust is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$99K
Total Expenses$129K
Surplus / Deficit$-30,217
Total Assets$1.7M
Total Liabilities$1
Net Assets$1.7M
Operating Margin-30.7%
Debt-to-Asset Ratio0.0%
Months of Reserves155.6 months

Financial Health Grade: B

In 2023, Edward J Mary H And Paul Holubek Memorial Trust reported a deficit of $30K with expenses exceeding revenue, holds 155.6 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), Edward J Mary H And Paul Holubek Memorial Trust's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-48.8%-14.1%-1.8%
2022-23.3%+5.6%+2.6%
2021+20.7%+14.5%+7.0%
2020+98.8%+12.4%+5.8%
2019+2.9%-17.7%-0.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

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

AI Transparency Report

The Edward J Mary H And Paul Holubek Memorial Trust appears to be a private foundation or trust, as indicated by its consistent asset base and revenue patterns. Over the past decade, the organization has maintained a stable asset base, fluctuating around $1.5 million to $1.7 million, with current assets at $1,704,862. Revenue has varied, with the latest reported revenue at $943,127, which is significantly higher than previous years' revenues, suggesting a potential one-time large contribution or investment gain. Expenses have generally been lower than revenue in most years, allowing for asset growth. The trust demonstrates strong financial health with minimal liabilities (consistently reported as $0 or $1). A key indicator of its operational efficiency and transparency is the consistent reporting of 0% officer compensation across all available filings, suggesting that the trust is managed without paid executive staff, which is common for smaller family trusts or foundations. This practice significantly reduces administrative overhead and ensures that a greater proportion of funds can be directed towards its charitable purpose. The NTEE code T20 typically refers to 'Private Grantmaking Foundations', which aligns with the financial characteristics observed. Given the nature of a memorial trust, its primary function is likely grantmaking rather than direct program delivery. The absence of officer compensation and minimal liabilities point to a lean operational structure. While specific program spending details are not provided in the summary data, the overall financial stability and lack of significant overhead costs suggest a well-managed entity focused on its stated mission, likely through distributions to other charitable organizations or individuals.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Edward J Mary H And Paul Holubek Memorial Trust 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, Edward J Mary H And Paul Holubek Memorial 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:

$99KTotal Revenue
$129KTotal Expenses
$1.7MTotal Assets
$1Total Liabilities
$1.7MNet Assets
  • The organization reported a deficit of $30K, 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 the trust operates without paid officers or executives, which is highly efficient for an organization of its size and type.

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.

Strengths

The following positive indicators were identified for Edward J Mary H And Paul Holubek Memorial Trust:

  • Consistent 0% officer compensation, indicating high efficiency and low overhead.
  • Stable and growing asset base, currently at $1,704,862, demonstrating financial resilience.
  • Minimal liabilities (consistently $0 or $1), indicating strong financial health and low risk.
  • Long history of IRS 990 filings (10 filings), suggesting consistent compliance and transparency.
  • Strong program focus implied by the lack of executive compensation and lean operational structure.

Frequently Asked Questions about Edward J Mary H And Paul Holubek Memorial Trust

Is Edward J Mary H And Paul Holubek Memorial Trust a legitimate charity?

Edward J Mary H And Paul Holubek Memorial Trust (EIN: 206537520) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $943K. No red flags identified. 5 strengths noted. Financial health grade: B.

How does Edward J Mary H And Paul Holubek Memorial Trust spend its money?

Edward J Mary H And Paul Holubek Memorial Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Edward J Mary H And Paul Holubek Memorial Trust tax-deductible?

Edward J Mary H And Paul Holubek Memorial Trust is registered as a tax-exempt nonprofit (EIN: 206537520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Edward J Mary H And Paul Holubek Memorial Trust compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Edward J Mary H And Paul Holubek Memorial Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Edward J Mary H And Paul Holubek Memorial Trust located?

Edward J Mary H And Paul Holubek Memorial Trust is headquartered in Pennington, New Jersey and files with the IRS under EIN 206537520. It is classified under NTEE code T20.

How many years of IRS 990 filings does Edward J Mary H And Paul Holubek Memorial Trust have?

Edward J Mary H And Paul Holubek Memorial Trust 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 $943K in total revenue.

Is the Edward J Mary H And Paul Holubek Memorial Trust a good charity?

Based on the available IRS 990 data, the trust appears to be a well-managed entity. It consistently reports 0% officer compensation, maintains a stable asset base (currently $1,704,862), and has minimal liabilities. These factors suggest strong financial health and efficient operations, likely focused on its grantmaking mission.

How does the trust manage its administrative costs?

The trust manages its administrative costs very effectively, primarily by reporting 0% officer compensation across all filings. This indicates that the trust is likely managed by volunteers or through minimal outsourced services, keeping overhead extremely low.

What is the primary financial activity of this trust?

As a memorial trust with an NTEE code for 'Private Grantmaking Foundations', its primary financial activity is likely investment management to grow its endowment and subsequent grantmaking to support its charitable objectives. The consistent asset base and varying revenues (including a recent high of $943,127) support this.

Filing History

IRS 990 filing history for Edward J Mary H And Paul Holubek Memorial Trust showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Edward J Mary H And Paul Holubek Memorial Trust's revenue has declined by 16.5%, moving from $118K to $99K. Total assets increased by 10.6% over the same period, from $1.5M to $1.7M. Total functional expenses fell by 4.6%, from $135K to $129K. In its most recent filing year (2023), Edward J Mary H And Paul Holubek Memorial Trust reported a deficit of $30K, 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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $99K $129K $1.7M $1 View 990
2022 $192K $150K $1.7M $1 View 990
2021 $251K $142K $1.7M $1 View 990
2020 $208K $124K $1.5M $1
2019 $105K $110K $1.5M $1 View 990
2015 $102K $134K $1.5M $0 View 990
2014 $137K $112K $1.5M $0 View 990
2013 $142K $165K $1.5M $0 View 990
2012 $109K $110K $1.5M $0 View 990
2011 $118K $135K $1.5M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $99K, expenses of $129K, and assets of $1.7M (revenue -48.8% year-over-year).
  • 2022: Revenue of $192K, expenses of $150K, and assets of $1.7M (revenue -23.3% year-over-year).
  • 2021: Revenue of $251K, expenses of $142K, and assets of $1.7M (revenue +20.7% year-over-year).
  • 2020: Revenue of $208K, expenses of $124K, and assets of $1.5M (revenue +98.8% year-over-year).
  • 2019: Revenue of $105K, expenses of $110K, and assets of $1.5M (revenue +2.9% year-over-year).
  • 2015: Revenue of $102K, expenses of $134K, and assets of $1.5M (revenue -25.8% year-over-year).
  • 2014: Revenue of $137K, expenses of $112K, and assets of $1.5M (revenue -3.7% year-over-year).
  • 2013: Revenue of $142K, expenses of $165K, and assets of $1.5M (revenue +30.3% year-over-year).
  • 2012: Revenue of $109K, expenses of $110K, and assets of $1.5M (revenue -7.6% year-over-year).
  • 2011: Revenue of $118K, expenses of $135K, and assets of $1.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Edward J Mary H And Paul Holubek Memorial Trust:

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 Edward J Mary H And Paul Holubek Memorial 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.

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