Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr
Small trust consistently spends more than it earns, maintaining assets.
EIN: 16033742 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $19K |
| Program Spending | 80% |
| Net Assets | $296K |
| Transparency Score | 65/100 |
Is Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr (EIN: 16033742) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $124K and total assets of $310K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr is a small nonprofit that has been operating for 53 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $19K |
| Surplus / Deficit | $-3,111 |
| Total Assets | $296K |
| Total Liabilities | $1 |
| Net Assets | $296K |
| Operating Margin | -20.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.5 months |
Financial Health Grade: B
In 2024, Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr reported a deficit of $3K with expenses exceeding revenue, holds 190.5 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 (2011–2024), Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +78.1% | -7.2% | +1.7% |
| 2023 | -77.7% | +14.0% | -3.8% |
| 2022 | +41.8% | +15.9% | +7.6% |
| 2021 | +480.2% | +4.6% | +4.6% |
| 2020 | -47.8% | -1.7% | +24.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, indicating a volunteer-led or externally managed structure, which is common for small trusts and contributes to low administrative overhead.
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 Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr's IRS 990 filings:
- Consistent operating deficits (e.g., $15,561 revenue vs. $18,672 expenses in 202408)
- Lack of detailed expense breakdown in filings
- Unknown NTEE code, limiting understanding of mission alignment
Strengths
The following positive indicators were identified for Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr:
- No reported officer compensation, indicating low overhead
- Very low liabilities ($1 or $0 across all filings)
- Stable asset base, reaching $310,408 in the latest filing
Frequently Asked Questions about Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr
Is Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr a legitimate charity?
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr (EIN: 16033742) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $124K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr spend its money?
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr tax-deductible?
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr is registered as a tax-exempt nonprofit (EIN: 16033742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr located?
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr is headquartered in Portland, Maine and files with the IRS under EIN 16033742.
How many years of IRS 990 filings does Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr have?
Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr 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 $124K in total revenue.
What are the specific programs or activities supported by the trust?
The filings do not provide detailed program descriptions, only indicating it is 'Fbo Trafton Sr Cit Ctr', suggesting support for a senior citizens' center.
How does the trust cover its consistent operating deficits?
The trust appears to cover deficits by drawing from its accumulated assets, which have generally increased over time despite annual operating losses, suggesting investment income or prior large contributions.
Are there any plans to increase revenue or reduce expenses to achieve financial sustainability?
The filings do not disclose future financial plans or strategies for revenue generation or expense management.
Filing History
IRS 990 filing history for Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr's revenue has grown by 36.6%, moving from $11K to $16K. Total assets increased by 18.4% over the same period, from $250K to $296K. Total functional expenses rose by 54.4%, from $12K to $19K. In its most recent filing year (2024), Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $296K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $16K | $19K | $296K | $1 | — | — |
| 2023 | $9K | $20K | $292K | $1 | — | View 990 |
| 2022 | $39K | $18K | $303K | $1 | — | — |
| 2021 | $28K | $15K | $282K | $1 | — | — |
| 2020 | $5K | $15K | $269K | $1 | — | — |
| 2016 | $9K | $15K | $216K | $0 | — | View 990 |
| 2015 | $13K | $14K | $222K | $0 | — | View 990 |
| 2014 | $8K | $14K | $224K | $0 | — | View 990 |
| 2013 | $9K | $13K | $229K | $0 | — | View 990 |
| 2012 | $217 | $9K | $233K | $0 | — | View 990 |
| 2011 | $11K | $12K | $250K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $16K, expenses of $19K, and assets of $296K (revenue +78.1% year-over-year).
- 2023: Revenue of $9K, expenses of $20K, and assets of $292K (revenue -77.7% year-over-year).
- 2022: Revenue of $39K, expenses of $18K, and assets of $303K (revenue +41.8% year-over-year).
- 2021: Revenue of $28K, expenses of $15K, and assets of $282K (revenue +480.2% year-over-year).
- 2020: Revenue of $5K, expenses of $15K, and assets of $269K (revenue -47.8% year-over-year).
- 2016: Revenue of $9K, expenses of $15K, and assets of $216K (revenue -27.3% year-over-year).
- 2015: Revenue of $13K, expenses of $14K, and assets of $222K (revenue +53.6% year-over-year).
- 2014: Revenue of $8K, expenses of $14K, and assets of $224K (revenue -7.7% year-over-year).
- 2013: Revenue of $9K, expenses of $13K, and assets of $229K (revenue +3968.2% year-over-year).
- 2012: Revenue of $217, expenses of $9K, and assets of $233K (revenue -98.1% year-over-year).
- 2011: Revenue of $11K, expenses of $12K, and assets of $250K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr:
Data Sources and Methodology
This transparency report for Ethel Trafton Levasseur Tr Fbo Trafton Sr Cit Ctr 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.