First National Bank Of Hutchinson Trustee Of The Herman Stallman
Herman Stallman Trust shows recent negative revenue trends while maintaining consistent expenses and no officer compensation.
EIN: 203625633 · Hutchinson, KS · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $919K |
| Total Expenses | $185K |
| Program Spending | 100% |
| Net Assets | $3.4M |
| Transparency Score | 75/100 |
Is First National Bank Of Hutchinson Trustee Of The Herman Stallman Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
First National Bank Of Hutchinson Trustee Of The Herman Stallman directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About First National Bank Of Hutchinson Trustee Of The Herman Stallman
First National Bank Of Hutchinson Trustee Of The Herman Stallman (EIN: 203625633) is a nonprofit organization based in Hutchinson, KS, classified under NTEE code T22. The organization reported total revenue of $919K and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First National Bank Of Hutchinson Trustee Of The Herman Stallman's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First National Bank Of Hutchinson Trustee Of The Herman Stallman is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -104.8% | +16.2% | -7.0% |
| 2021 | +210.4% | -12.2% | +39.7% |
| 2020 | +317.9% | +2.9% | +8.1% |
| 2019 | +35.8% | -1.4% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 First National Bank Of Hutchinson Trustee Of The Herman Stallman 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, First National Bank Of Hutchinson Trustee Of The Herman Stallman allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
There is no officer compensation reported across all ten filings, indicating that the trustee services are either pro bono or compensated through other means not classified as officer compensation, which is highly efficient for the trust's direct expenses.
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 First National Bank Of Hutchinson Trustee Of The Herman Stallman's IRS 990 filings:
- Consistent negative revenue in recent periods (2022, 2023) while incurring significant expenses.
- Lack of detailed breakdown for expenses, making it difficult to ascertain the exact nature of 'program' spending versus administrative overhead for a trust.
Strengths
The following positive indicators were identified for First National Bank Of Hutchinson Trustee Of The Herman Stallman:
- Zero reported officer compensation, indicating high efficiency in leadership costs.
- Extremely low liabilities ($1 across all filings), demonstrating strong financial stability and minimal debt.
- Substantial asset base ($3,398,619 latest) provides a buffer against negative revenue trends and ensures long-term viability for its purpose.
Frequently Asked Questions about First National Bank Of Hutchinson Trustee Of The Herman Stallman
Is First National Bank Of Hutchinson Trustee Of The Herman Stallman a legitimate charity?
Based on AI analysis of IRS 990 filings, First National Bank Of Hutchinson Trustee Of The Herman Stallman (EIN: 203625633) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does First National Bank Of Hutchinson Trustee Of The Herman Stallman spend its money?
First National Bank Of Hutchinson Trustee Of The Herman Stallman directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to First National Bank Of Hutchinson Trustee Of The Herman Stallman tax-deductible?
First National Bank Of Hutchinson Trustee Of The Herman Stallman is registered as a tax-exempt nonprofit (EIN: 203625633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does First National Bank Of Hutchinson Trustee Of The Herman Stallman compare to similar nonprofits?
With a transparency score of 75/100 (Good), First National Bank Of Hutchinson Trustee Of The Herman Stallman is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is First National Bank Of Hutchinson Trustee Of The Herman Stallman located?
First National Bank Of Hutchinson Trustee Of The Herman Stallman is headquartered in Hutchinson, Kansas and files with the IRS under EIN 203625633. It is classified under NTEE code T22.
How many years of IRS 990 filings does First National Bank Of Hutchinson Trustee Of The Herman Stallman have?
First National Bank Of Hutchinson Trustee Of The Herman Stallman 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 $919K in total revenue.
What is the primary purpose of the Herman Stallman Trust?
Based on the NTEE code T22 (Private Grantmaking Foundations), the trust likely makes grants or distributions, but the specific beneficiaries or causes are not detailed in the provided data.
Why has the trust experienced negative revenue in recent years?
The negative revenue in 2022 ($-62,956) and 2023 ($-36,136) could be due to investment losses, significant asset revaluations, or the nature of how the trust's income and distributions are reported, potentially indicating a draw-down of principal or specific accounting treatments for trust assets.
How does the trust cover its consistent expenses despite negative revenue?
With consistent expenses around $180,000-$210,000 annually and negative revenue in recent years, the trust is likely covering these expenses by drawing from its substantial asset base, which was $3,398,619 in the latest period.
Filing History
IRS 990 filing history for First National Bank Of Hutchinson Trustee Of The Herman Stallman showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), First National Bank Of Hutchinson Trustee Of The Herman Stallman's revenue has declined by 124.4%, moving from $148K to $-36,136. Total assets increased by 10.3% over the same period, from $3.1M to $3.4M. Total functional expenses fell by 0.6%, from $186K to $185K. The organization holds $1 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-36,136 | $185K | $3.4M | $1 | — | View 990 |
| 2022 | $-62,956 | $213K | $3.7M | $1 | — | View 990 |
| 2021 | $1.3M | $183K | $3.9M | $1 | — | — |
| 2020 | $419K | $209K | $2.8M | $1 | — | — |
| 2019 | $100K | $203K | $2.6M | $1 | — | View 990 |
| 2015 | $74K | $206K | $2.9M | $1 | — | View 990 |
| 2014 | $205K | $197K | $3.0M | $1 | — | View 990 |
| 2013 | $150K | $195K | $3.0M | $1 | — | View 990 |
| 2012 | $114K | $190K | $3.0M | $1 | — | View 990 |
| 2011 | $148K | $186K | $3.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-36,136, expenses of $185K, and assets of $3.4M.
- 2022: Revenue of $-62,956, expenses of $213K, and assets of $3.7M (revenue -104.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $183K, and assets of $3.9M (revenue +210.4% year-over-year).
- 2020: Revenue of $419K, expenses of $209K, and assets of $2.8M (revenue +317.9% year-over-year).
- 2019: Revenue of $100K, expenses of $203K, and assets of $2.6M (revenue +35.8% year-over-year).
- 2015: Revenue of $74K, expenses of $206K, and assets of $2.9M (revenue -63.9% year-over-year).
- 2014: Revenue of $205K, expenses of $197K, and assets of $3.0M (revenue +36.6% year-over-year).
- 2013: Revenue of $150K, expenses of $195K, and assets of $3.0M (revenue +31.3% year-over-year).
- 2012: Revenue of $114K, expenses of $190K, and assets of $3.0M (revenue -22.9% year-over-year).
- 2011: Revenue of $148K, expenses of $186K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First National Bank Of Hutchinson Trustee Of The Herman Stallman:
Data Sources and Methodology
This transparency report for First National Bank Of Hutchinson Trustee Of The Herman Stallman 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.