Exxon Mobil Master Welfare Benefit Trust
EIN: 367351719 · Chicago, IL · NTEE: Y43
Is Exxon Mobil Master Welfare Benefit Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Exxon Mobil Master Welfare Benefit Trust
Exxon Mobil Master Welfare Benefit Trust (EIN: 367351719) is a nonprofit organization based in Chicago, IL, classified under NTEE code Y43. The organization reported total revenue of $81.1M and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exxon Mobil Master Welfare Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exxon Mobil Master Welfare Benefit Trust is a major nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 92.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81.1M |
| Total Expenses | $81.1M |
| Surplus / Deficit | $-986 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Exxon Mobil Master Welfare Benefit Trust reported a deficit of $986 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Exxon Mobil Master Welfare Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 92.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | -5.0% | -15.6% |
| 2022 | -2.5% | -2.5% | +5544.6% |
| 2021 | +4.2% | +4.2% | -52.3% |
| 2020 | -4.6% | -4.6% | -88.7% |
| 2019 | -2.6% | -2.6% | -66.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Exxon Mobil Master Welfare Benefit 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 Exxon Mobil Master Welfare Benefit 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 $986, with expenses exceeding revenue.
Frequently Asked Questions about Exxon Mobil Master Welfare Benefit Trust
Is Exxon Mobil Master Welfare Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Exxon Mobil Master Welfare Benefit Trust (EIN: 367351719) insufficient data. 0 red flags identified, 0 strengths noted.
How does Exxon Mobil Master Welfare Benefit Trust spend its money?
Detailed spending breakdown data is not yet available for Exxon Mobil Master Welfare Benefit Trust. Check back for updated IRS 990 analysis.
Are donations to Exxon Mobil Master Welfare Benefit Trust tax-deductible?
Exxon Mobil Master Welfare Benefit Trust is registered as a tax-exempt nonprofit (EIN: 367351719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Exxon Mobil Master Welfare Benefit Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Exxon Mobil Master Welfare Benefit Trust's revenue has grown by 255302.7%, moving from $32K to $81.1M. Total assets increased by 104.8% over the same period, from $3K to $5K. Total functional expenses rose by 237911.5%, from $34K to $81.1M. In its most recent filing year (2023), Exxon Mobil Master Welfare Benefit Trust reported a deficit of $986, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81.1M | $81.1M | $5K | $0 | — | — |
| 2022 | $85.4M | $85.3M | $6K | $0 | — | View 990 |
| 2021 | $87.5M | $87.5M | $112 | $0 | — | View 990 |
| 2020 | $84.0M | $84.0M | $235 | $0 | — | View 990 |
| 2019 | $88.1M | $88.1M | $2K | $0 | — | View 990 |
| 2018 | $90.4M | $90.4M | $6K | $0 | — | View 990 |
| 2017 | $98.6M | $98.6M | $1K | $0 | — | View 990 |
| 2016 | $35K | $35K | $3K | $0 | — | View 990 |
| 2015 | $36K | $36K | $3K | $0 | — | View 990 |
| 2014 | $30K | $30K | $3K | $0 | — | View 990 |
| 2013 | $27K | $27K | $2K | $0 | — | View 990 |
| 2012 | $28K | $28K | $2K | $0 | — | View 990 |
| 2011 | $32K | $34K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81.1M, expenses of $81.1M, and assets of $5K (revenue -5.0% year-over-year).
- 2022: Revenue of $85.4M, expenses of $85.3M, and assets of $6K (revenue -2.5% year-over-year).
- 2021: Revenue of $87.5M, expenses of $87.5M, and assets of $112 (revenue +4.2% year-over-year).
- 2020: Revenue of $84.0M, expenses of $84.0M, and assets of $235 (revenue -4.6% year-over-year).
- 2019: Revenue of $88.1M, expenses of $88.1M, and assets of $2K (revenue -2.6% year-over-year).
- 2018: Revenue of $90.4M, expenses of $90.4M, and assets of $6K (revenue -8.2% year-over-year).
- 2017: Revenue of $98.6M, expenses of $98.6M, and assets of $1K (revenue +284798.1% year-over-year).
- 2016: Revenue of $35K, expenses of $35K, and assets of $3K (revenue -5.0% year-over-year).
- 2015: Revenue of $36K, expenses of $36K, and assets of $3K (revenue +19.9% year-over-year).
- 2014: Revenue of $30K, expenses of $30K, and assets of $3K (revenue +11.4% year-over-year).
- 2013: Revenue of $27K, expenses of $27K, and assets of $2K (revenue -2.5% year-over-year).
- 2012: Revenue of $28K, expenses of $28K, and assets of $2K (revenue -11.9% year-over-year).
- 2011: Revenue of $32K, expenses of $34K, and assets of $3K.
Data Sources and Methodology
This transparency report for Exxon Mobil Master Welfare Benefit 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.