Edwin D Hourigan Trust
Edwin D Hourigan Trust maintains stable assets and reports no officer compensation.
EIN: 146028009 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $6K |
| Program Spending | 90% |
| Net Assets | $120K |
| Transparency Score | 85/100 |
Is Edwin D Hourigan Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edwin D Hourigan Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edwin D Hourigan Trust
Edwin D Hourigan Trust (EIN: 146028009) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $30K and total assets of $130K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edwin D Hourigan Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edwin D Hourigan Trust is a micro nonprofit that has been operating for 52 years, with 8 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $6K |
| Surplus / Deficit | +$4K |
| Total Assets | $120K |
| Total Liabilities | $1 |
| Net Assets | $120K |
| Operating Margin | 37.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 226.2 months |
Financial Health Grade: A
In 2020, Edwin D Hourigan Trust reported a surplus of $4K with revenue exceeding expenses, holds 226.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2020), Edwin D Hourigan Trust's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +50.5% | +3.1% | +2.8% |
| 2016 | -103.1% | +2.9% | -6.2% |
| 2015 | -14.6% | -12.6% | +0.6% |
| 2014 | -40.4% | +6.4% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
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 Edwin D Hourigan Trust 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, Edwin D Hourigan 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Edwin D Hourigan Trust consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue or assets is used for executive salaries, which is highly favorable for a small trust of this size.
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 Edwin D Hourigan Trust's IRS 990 filings:
- Lack of detailed expense breakdown in provided data
- NTEE code unknown, making mission assessment difficult
Strengths
The following positive indicators were identified for Edwin D Hourigan Trust:
- Consistent reporting of 0% officer compensation
- Stable asset base over multiple years, indicating good financial stewardship
- Low liabilities reported across all periods
- Latest revenue ($30,209) shows a positive increase compared to previous years
Frequently Asked Questions about Edwin D Hourigan Trust
Is Edwin D Hourigan Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Edwin D Hourigan Trust (EIN: 146028009) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Edwin D Hourigan Trust spend its money?
Edwin D Hourigan Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Edwin D Hourigan Trust tax-deductible?
Edwin D Hourigan Trust is registered as a tax-exempt nonprofit (EIN: 146028009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edwin D Hourigan Trust located?
Edwin D Hourigan Trust is headquartered in Providence, Rhode Island and files with the IRS under EIN 146028009.
How many years of IRS 990 filings does Edwin D Hourigan Trust have?
Edwin D Hourigan Trust has 8 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 $30K in total revenue.
Is Edwin D Hourigan Trust a good charity?
Based on the available data, the Edwin D Hourigan Trust appears to be a well-managed entity, particularly given its consistent asset base and zero officer compensation. However, without specific details on its program activities and beneficiaries, a full assessment of its charitable impact is limited.
What is the primary purpose of the Edwin D Hourigan Trust?
The provided data does not specify the NTEE code or the explicit mission of the Edwin D Hourigan Trust. To understand its primary purpose, one would need to consult its governing documents or full IRS Form 990 filings.
How has the trust's revenue trended over time?
The trust's revenue has fluctuated, ranging from a low of $-247 in 201610 to a high of $30,209 in the latest period. While there's variability, the latest period shows a significant increase compared to most prior years, which typically saw revenues between $6,000 and $15,000.
Filing History
IRS 990 filing history for Edwin D Hourigan Trust showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2020), Edwin D Hourigan Trust's revenue has declined by 2.9%, moving from $10K to $10K. Total assets decreased by 0.3% over the same period, from $120K to $120K. Total functional expenses rose by 1.9%, from $6K to $6K. In its most recent filing year (2020), Edwin D Hourigan Trust reported a surplus of $4K, with revenue exceeding expenses. The organization holds $1 in liabilities against $120K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $10K | $6K | $120K | $1 | — | — |
| 2019 | $7K | $6K | $116K | $0 | — | View 990 |
| 2016 | $-247 | $8K | $120K | $1 | — | View 990 |
| 2015 | $8K | $7K | $128K | $0 | — | View 990 |
| 2014 | $9K | $8K | $127K | $1 | — | View 990 |
| 2013 | $16K | $8K | $129K | $0 | — | View 990 |
| 2012 | $9K | $7K | $122K | $0 | — | View 990 |
| 2011 | $10K | $6K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $10K, expenses of $6K, and assets of $120K (revenue +50.5% year-over-year).
- 2019: Revenue of $7K, expenses of $6K, and assets of $116K.
- 2016: Revenue of $-247, expenses of $8K, and assets of $120K (revenue -103.1% year-over-year).
- 2015: Revenue of $8K, expenses of $7K, and assets of $128K (revenue -14.6% year-over-year).
- 2014: Revenue of $9K, expenses of $8K, and assets of $127K (revenue -40.4% year-over-year).
- 2013: Revenue of $16K, expenses of $8K, and assets of $129K (revenue +84.0% year-over-year).
- 2012: Revenue of $9K, expenses of $7K, and assets of $122K (revenue -18.1% year-over-year).
- 2011: Revenue of $10K, expenses of $6K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edwin D Hourigan Trust:
Data Sources and Methodology
This transparency report for Edwin D Hourigan 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.