Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee
EIN: 510161677 · Brookhaven, MS
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $21K |
| Net Assets | $5K |
Is Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee
Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee (EIN: 510161677) is a nonprofit organization based in Brookhaven, MS. The organization reported total revenue of $18K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee is a micro nonprofit that has been operating for 51 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -12.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $21K |
| Surplus / Deficit | +$114 |
| Total Assets | $5K |
| Total Liabilities | $1 |
| Net Assets | $5K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2024, Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee reported a surplus of $114 with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee's revenue has declined at a compound annual growth rate (CAGR) of -12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -32.2% | -28.7% | -4.6% |
| 2023 | +24.2% | +40.8% | +32.1% |
| 2022 | +78.4% | +38.4% | +947.7% |
| 2021 | -36.9% | -29.3% | -78.5% |
| 2020 | -18.0% | -33.3% | +53.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $114, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee
Is Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee a legitimate charity?
Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee (EIN: 510161677) is a registered tax-exempt nonprofit based in Mississippi. It has 10 years of IRS 990 filings on record. Total revenue: $18K. No red flags identified. Financial health grade: A.
How does Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee spend its money?
Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee reported $18K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee tax-deductible?
Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee is registered as a tax-exempt nonprofit (EIN: 510161677). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee located?
Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee is headquartered in Brookhaven, Mississippi and files with the IRS under EIN 510161677.
How many years of IRS 990 filings does Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee have?
Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee 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 $18K in total revenue.
Filing History
IRS 990 filing history for Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee's revenue has declined by 81%, moving from $110K to $21K. Total assets decreased by 45.4% over the same period, from $10K to $5K. Total functional expenses fell by 80.7%, from $107K to $21K. In its most recent filing year (2024), Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee reported a surplus of $114, with revenue exceeding expenses. The organization holds $1 in liabilities against $5K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $21K | $21K | $5K | $1 | — | — |
| 2023 | $31K | $29K | $6K | $1 | — | — |
| 2022 | $25K | $21K | $4K | $1 | — | — |
| 2021 | $14K | $15K | $405 | $1 | — | — |
| 2020 | $22K | $21K | $2K | $1 | — | View 990 |
| 2016 | $27K | $32K | $1K | $1 | — | View 990 |
| 2015 | $56K | $61K | $2K | $1 | — | View 990 |
| 2014 | $77K | $93K | $244 | $1 | — | View 990 |
| 2013 | $93K | $96K | $7K | $1 | — | View 990 |
| 2012 | $110K | $107K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $21K, expenses of $21K, and assets of $5K (revenue -32.2% year-over-year).
- 2023: Revenue of $31K, expenses of $29K, and assets of $6K (revenue +24.2% year-over-year).
- 2022: Revenue of $25K, expenses of $21K, and assets of $4K (revenue +78.4% year-over-year).
- 2021: Revenue of $14K, expenses of $15K, and assets of $405 (revenue -36.9% year-over-year).
- 2020: Revenue of $22K, expenses of $21K, and assets of $2K (revenue -18.0% year-over-year).
- 2016: Revenue of $27K, expenses of $32K, and assets of $1K (revenue -51.7% year-over-year).
- 2015: Revenue of $56K, expenses of $61K, and assets of $2K (revenue -27.4% year-over-year).
- 2014: Revenue of $77K, expenses of $93K, and assets of $244 (revenue -17.2% year-over-year).
- 2013: Revenue of $93K, expenses of $96K, and assets of $7K (revenue -15.5% year-over-year).
- 2012: Revenue of $110K, expenses of $107K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee:
Data Sources and Methodology
This transparency report for Eva A Vernon Library Foundation Trustmart Bank And Trust Trustee 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.