Emma Florence Hallett Trust
Emma Florence Hallett Trust consistently expends more than its annual revenue, drawing from a stable $12M+ asset base.
EIN: 166375405 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $768K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $12.3M |
| Transparency Score | 75/100 |
Is Emma Florence Hallett Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Emma Florence Hallett Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Emma Florence Hallett Trust
Emma Florence Hallett Trust (EIN: 166375405) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $3.1M and total assets of $12.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emma Florence Hallett Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emma Florence Hallett Trust is a mid-size nonprofit that has been operating for 52 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $390K |
| Total Expenses | $768K |
| Surplus / Deficit | $-378,046 |
| Total Assets | $12.3M |
| Total Liabilities | $1 |
| Net Assets | $12.3M |
| Operating Margin | -97.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 192.2 months |
Financial Health Grade: B
In 2024, Emma Florence Hallett Trust reported a deficit of $378K with expenses exceeding revenue, holds 192.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Emma Florence Hallett Trust's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -104.6% | -35.3% | -4.3% |
| 2022 | +81.1% | +30.7% | -4.6% |
| 2021 | +139.7% | +8.6% | +19.1% |
| 2020 | -22.2% | -9.8% | -2.5% |
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 Emma Florence Hallett Trust with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Emma Florence Hallett 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $378K, 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 either a fully volunteer board or that executive compensation is not reported in this specific field, which is unusual for an organization with over $12 million in assets.
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 Emma Florence Hallett Trust's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise efficiency assessment difficult.
- Consistent 0% officer compensation reported, which may warrant further inquiry for an organization managing over $12 million in assets.
- Negative revenue reported in 202309, indicating significant investment losses or adjustments in that period.
Strengths
The following positive indicators were identified for Emma Florence Hallett Trust:
- Strong financial stability with consistently low liabilities (often $0 or $1).
- Substantial and stable asset base (over $12 million) to support its mission.
- Consistent pattern of expending funds, often exceeding annual revenue, indicating active deployment of resources.
- No reported fundraising expenses, suggesting efficient operation without direct public solicitation.
Frequently Asked Questions about Emma Florence Hallett Trust
Is Emma Florence Hallett Trust a legitimate charity?
Emma Florence Hallett Trust (EIN: 166375405) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $3.1M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Emma Florence Hallett Trust spend its money?
Emma Florence Hallett Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Emma Florence Hallett Trust tax-deductible?
Emma Florence Hallett Trust is registered as a tax-exempt nonprofit (EIN: 166375405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Emma Florence Hallett Trust CEO make?
Emma Florence Hallett Trust's highest-compensated officer earns $12 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Emma Florence Hallett Trust located?
Emma Florence Hallett Trust is headquartered in Dallas, Texas and files with the IRS under EIN 166375405.
How many years of IRS 990 filings does Emma Florence Hallett Trust have?
Emma Florence Hallett Trust has 11 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 $3.1M in total revenue.
What are the specific program activities funded by the Emma Florence Hallett Trust?
The provided data does not detail the specific program activities. Further investigation into their IRS Form 990, Part III (Statement of Program Service Accomplishments) would be necessary.
Why does the organization report negative revenue in some periods, such as 202309?
Negative revenue, as seen in 202309 (Revenue=$-104,914), often indicates significant investment losses or adjustments that exceeded other income sources in that fiscal year, which is common for trusts heavily reliant on investment portfolios.
How does the Trust manage its investments given the fluctuating revenue?
The fluctuating revenue, including periods of significant gains (e.g., $2,286,472 in 202209) and losses (e.g., $-104,914 in 202309), suggests an investment strategy that experiences market volatility. The consistent asset base around $11-13 million indicates long-term stability despite short-term fluctuations.
What is the actual administrative overhead, given the lack of detailed expense breakdown?
Without a detailed breakdown of expenses, it's difficult to ascertain the exact administrative overhead. The assumption of 10% for admin in the spending breakdown is an estimate based on typical trust operations and the absence of fundraising, but actual figures would require reviewing the full 990.
Filing History
IRS 990 filing history for Emma Florence Hallett Trust showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Emma Florence Hallett Trust's revenue has declined by 56.8%, moving from $901K to $390K. Total assets increased by 12.2% over the same period, from $11.0M to $12.3M. Total functional expenses rose by 48.6%, from $517K to $768K. In its most recent filing year (2024), Emma Florence Hallett Trust reported a deficit of $378K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $390K | $768K | $12.3M | $1 | — | — |
| 2023 | $-104,914 | $620K | $12.3M | $1 | — | View 990 |
| 2022 | $2.3M | $958K | $12.8M | $1 | — | View 990 |
| 2021 | $1.3M | $733K | $13.4M | $1 | — | View 990 |
| 2020 | $527K | $675K | $11.3M | $1 | — | — |
| 2019 | $678K | $749K | $11.6M | $0 | — | View 990 |
| 2016 | $374K | $678K | $11.1M | $1 | — | View 990 |
| 2015 | $384K | $863K | $11.5M | $1 | — | View 990 |
| 2014 | $393K | $688K | $11.8M | $1 | — | View 990 |
| 2013 | $1.5M | $620K | $11.8M | $0 | — | View 990 |
| 2012 | $901K | $517K | $11.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $390K, expenses of $768K, and assets of $12.3M.
- 2023: Revenue of $-104,914, expenses of $620K, and assets of $12.3M (revenue -104.6% year-over-year).
- 2022: Revenue of $2.3M, expenses of $958K, and assets of $12.8M (revenue +81.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $733K, and assets of $13.4M (revenue +139.7% year-over-year).
- 2020: Revenue of $527K, expenses of $675K, and assets of $11.3M (revenue -22.2% year-over-year).
- 2019: Revenue of $678K, expenses of $749K, and assets of $11.6M (revenue +81.0% year-over-year).
- 2016: Revenue of $374K, expenses of $678K, and assets of $11.1M (revenue -2.5% year-over-year).
- 2015: Revenue of $384K, expenses of $863K, and assets of $11.5M (revenue -2.4% year-over-year).
- 2014: Revenue of $393K, expenses of $688K, and assets of $11.8M (revenue -74.3% year-over-year).
- 2013: Revenue of $1.5M, expenses of $620K, and assets of $11.8M (revenue +69.9% year-over-year).
- 2012: Revenue of $901K, expenses of $517K, and assets of $11.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emma Florence Hallett Trust:
Data Sources and Methodology
This transparency report for Emma Florence Hallett 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.