Evans Swann Memorial Trust
EIN: 756345191 · Birmingham, AL
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $10K |
| Net Assets | $152K |
Is Evans Swann Memorial Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Evans Swann Memorial Trust
Evans Swann Memorial Trust (EIN: 756345191) is a nonprofit organization based in Birmingham, AL. The organization reported total revenue of $23K and total assets of $150K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evans Swann Memorial Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evans Swann Memorial Trust is a micro nonprofit, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $10K |
| Surplus / Deficit | $-2,457 |
| Total Assets | $152K |
| Total Liabilities | $1 |
| Net Assets | $152K |
| Operating Margin | -31.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 179.1 months |
Financial Health Grade: B
In 2023, Evans Swann Memorial Trust reported a deficit of $2K with expenses exceeding revenue, holds 179.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Evans Swann Memorial Trust's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.8% | -11.7% | -1.6% |
| 2022 | -58.3% | +3.6% | -4.7% |
| 2021 | +31.2% | +194.9% | -1.1% |
| 2020 | +39.6% | -2.7% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Evans Swann Memorial Trust 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 Evans Swann Memorial Trust 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Evans Swann Memorial Trust
Is Evans Swann Memorial Trust a legitimate charity?
Evans Swann Memorial Trust (EIN: 756345191) is a registered tax-exempt nonprofit based in Alabama. It has 5 years of IRS 990 filings on record. Total revenue: $23K. No red flags identified. Financial health grade: B.
How does Evans Swann Memorial Trust spend its money?
Evans Swann Memorial Trust reported $23K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Evans Swann Memorial Trust tax-deductible?
Evans Swann Memorial Trust is registered as a tax-exempt nonprofit (EIN: 756345191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Evans Swann Memorial Trust located?
Evans Swann Memorial Trust is headquartered in Birmingham, Alabama and files with the IRS under EIN 756345191.
How many years of IRS 990 filings does Evans Swann Memorial Trust have?
Evans Swann Memorial 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. The most recent filing shows $23K in total revenue.
Filing History
IRS 990 filing history for Evans Swann Memorial Trust showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Evans Swann Memorial Trust's revenue has grown by 51.1%, moving from $5K to $8K. Total assets decreased by 5.3% over the same period, from $160K to $152K. Total functional expenses rose by 162.4%, from $4K to $10K. In its most recent filing year (2023), Evans Swann Memorial Trust reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $152K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $152K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $10K | $152K | $1 | — | — |
| 2022 | $4K | $12K | $154K | $1 | — | — |
| 2021 | $9K | $11K | $162K | $1 | — | — |
| 2020 | $7K | $4K | $164K | $1 | — | View 990 |
| 2019 | $5K | $4K | $160K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $10K, and assets of $152K (revenue +97.8% year-over-year).
- 2022: Revenue of $4K, expenses of $12K, and assets of $154K (revenue -58.3% year-over-year).
- 2021: Revenue of $9K, expenses of $11K, and assets of $162K (revenue +31.2% year-over-year).
- 2020: Revenue of $7K, expenses of $4K, and assets of $164K (revenue +39.6% year-over-year).
- 2019: Revenue of $5K, expenses of $4K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evans Swann Memorial Trust:
Data Sources and Methodology
This transparency report for Evans Swann Memorial 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.