Elb Trust
Elb Trust maintains minimal operations with stable, low assets and no liabilities.
EIN: 16070296 · Camden, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $288 |
| Net Assets | $18K |
| Transparency Score | 30/100 |
Search Intent Cockpit
Elb Trust Form 990, Revenue, CEO Pay, and IRS Filing Signals
Elb Trust is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Elb Trust in one place.
Form 990 Filing Summary
5 filing years are available, with latest revenue of $1K and expenses of $288.
Revenue and Expenses
Elb Trust reported $1K in revenue and $288 in expenses, a surplus of $745.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
30/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Elb Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Elb Trust shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 3 red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 5 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Camden, ME nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Significant Concerns. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
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Keep the Investigation Moving
About Elb Trust
Elb Trust (EIN: 16070296) is a nonprofit organization based in Camden, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elb Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elb Trust is a micro nonprofit, with 5 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of 26.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $288 |
| Surplus / Deficit | +$745 |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | 72.1% |
| Months of Reserves | 740.9 months |
Financial Health Grade: A
In 2016, Elb Trust reported a surplus of $745 with revenue exceeding expenses, holds 740.9 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2012–2016), Elb Trust's revenue has grown at a compound annual growth rate (CAGR) of 26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +3.1% | -33.6% | +4.4% |
| 2015 | +27.6% | +114.9% | +3.4% |
| 2014 | +81.7% | -85.0% | +3.7% |
| 2013 | +8.3% | -32.2% | -5.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elb Trust with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Elb Trust allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $745, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all five filings, which is appropriate given the organization's extremely small scale and minimal financial activity.
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 Elb Trust's IRS 990 filings:
- Unknown NTEE Code, making mission assessment difficult
- Lack of clear program spending details
- Discrepancy between latest reported $0 revenue/assets and historical filings
Strengths
The following positive indicators were identified for Elb Trust:
- Consistent asset base with no liabilities
- Extremely low operational expenses
- No reported officer compensation, indicating efficient use of funds for administrative purposes
Frequently Asked Questions about Elb Trust
Is Elb Trust a legitimate charity?
Elb Trust (EIN: 16070296) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 30/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Elb Trust spend its money?
Elb Trust reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elb Trust tax-deductible?
Elb Trust is registered as a tax-exempt nonprofit (EIN: 16070296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elb Trust located?
Elb Trust is headquartered in Camden, Maine and files with the IRS under EIN 16070296.
How many years of IRS 990 filings does Elb Trust have?
Elb Trust has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the primary purpose or program of Elb Trust?
Based on the provided data, the specific programs or mission activities of Elb Trust are not clear. The organization reports very low expenses, but without an NTEE code or program expense details, its core function remains undefined.
Why does Elb Trust report $0 in current revenue and assets, despite historical filings showing activity?
The current revenue and assets being $0 might indicate a recent change in status, a reporting anomaly, or that the provided 'Latest Revenue' and 'Assets' refer to a period after the last detailed filing (201605). It contradicts the historical data showing consistent, albeit small, assets and revenue.
How does Elb Trust manage to operate with such low expenses?
Elb Trust operates with extremely low expenses, ranging from $202 to $1,991 annually. This suggests a very lean operation, possibly volunteer-run, with minimal overhead, or that its activities do not require significant financial outlay.
Filing History
IRS 990 filing history for Elb Trust showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), Elb Trust's revenue has grown by 158.9%, moving from $399 to $1K. Total assets increased by 5.8% over the same period, from $17K to $18K. Total functional expenses fell by 85.5%, from $2K to $288. In its most recent filing year (2016), Elb Trust reported a surplus of $745, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1K | $288 | $18K | $0 | — | View 990 |
| 2015 | $1K | $434 | $17K | $0 | — | View 990 |
| 2014 | $785 | $202 | $16K | $0 | — | View 990 |
| 2013 | $432 | $1K | $16K | $0 | — | View 990 |
| 2012 | $399 | $2K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1K, expenses of $288, and assets of $18K (revenue +3.1% year-over-year).
- 2015: Revenue of $1K, expenses of $434, and assets of $17K (revenue +27.6% year-over-year).
- 2014: Revenue of $785, expenses of $202, and assets of $16K (revenue +81.7% year-over-year).
- 2013: Revenue of $432, expenses of $1K, and assets of $16K (revenue +8.3% year-over-year).
- 2012: Revenue of $399, expenses of $2K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elb Trust:
Data Sources and Methodology
This transparency report for Elb 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.