Florence Mauboules Charitable Trust

Florence Mauboules Charitable Trust's assets have declined by over 68% in a decade due to consistent spending exceeding revenue.

EIN: 201774892 · Crowley, LA · NTEE: T20 · Updated: 2026-03-28

$511KRevenue

$1.6MAssets

45/100Mission Score (Fair)

T20

About Florence Mauboules Charitable Trust

Florence Mauboules Charitable Trust (EIN: 201774892) is a nonprofit organization based in Crowley, LA, classified under NTEE code T20. The organization reported total revenue of $511K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Florence Mauboules Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Florence Mauboules Charitable Trust exhibits a concerning trend of declining assets and consistent operating deficits over the past decade. While the organization reports 0% officer compensation, which is a positive for transparency and efficiency, its expenses have frequently outstripped its revenue. For instance, in 2023, revenue was $162,888 against expenses of $437,734, and in 2022, revenue was $78,571 against expenses of $494,053. This pattern suggests that the trust is spending down its principal, as evidenced by the significant drop in assets from $5,073,212 in 2011 to $1,583,905 in 2023.

The trust's financial health appears to be deteriorating, with a substantial reduction in its asset base. While the lack of officer compensation is commendable, the consistent negative net income raises questions about the long-term sustainability of its charitable activities. The NTEE code T20 indicates a private foundation, which often operates by distributing income from an endowment. The observed asset depletion suggests that the trust may be distributing more than its investment income, or experiencing significant investment losses, or a combination of both.

Given the consistent decline in assets and the recurring operational deficits, the trust's financial stability is a significant concern. While transparency regarding executive compensation is excellent, the overall financial trajectory indicates a need for strategic review to ensure the longevity of its mission. The organization's ability to continue its charitable work at current levels is questionable without a reversal of these financial trends.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Florence Mauboules Charitable Trust with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Florence Mauboules Charitable Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating excellent fiscal responsibility and a strong commitment to directing funds towards the mission rather than administrative salaries.

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 Florence Mauboules Charitable Trust's IRS 990 filings:

Consistent operating deficits, with expenses frequently exceeding revenue (e.g., $437,734 expenses vs. $162,888 revenue in 2023).
Significant and continuous decline in total assets, from $5,073,212 in 2011 to $1,583,905 in 2023, indicating spending down of principal.
Unstable revenue streams, with high variability year-to-year (e.g., $1,050,570 in 2020 vs. $78,571 in 2022).

Strengths

The following positive indicators were identified for Florence Mauboules Charitable Trust:

Zero officer compensation reported across all filings, demonstrating excellent fiscal responsibility and dedication to mission.
Generally low liabilities, indicating minimal debt burden (with the exception of 2019).

Frequently Asked Questions about Florence Mauboules Charitable Trust

Is the Florence Mauboules Charitable Trust financially sustainable?

Based on the consistent decline in assets from $5,073,212 in 2011 to $1,583,905 in 2023, and recurring expenses exceeding revenue (e.g., $437,734 expenses vs. $162,888 revenue in 2023), the trust's current financial model appears unsustainable in the long term.

What is causing the significant decline in the trust's assets?

The primary cause appears to be consistent spending that exceeds revenue. For example, in 2022, expenses were $494,053 while revenue was only $78,571, leading to a substantial draw on assets. This pattern has been observed in most years.

How does the lack of officer compensation impact the trust's efficiency?

The 0% officer compensation is a significant positive, as it means all operational expenses are directed towards program delivery and essential administration, maximizing the impact of every dollar spent on the mission, rather than on executive salaries.

What is the trust's NTEE code and what does it imply?

The NTEE code T20 indicates that the Florence Mauboules Charitable Trust is a Private Grantmaking Foundation. This means its primary activity is typically making grants to other organizations or individuals, often funded by an endowment.

What is the trend in the trust's liabilities?

Liabilities have generally remained very low, often at $1 or $729 in recent years, which is a positive indicator of financial management and minimal debt burden, though there was a spike to $1,628,957 in 2019.

Filing History

IRS 990 filing history for Florence Mauboules Charitable Trust showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Florence Mauboules Charitable Trust's revenue has declined by 20.8%, moving from $206K to $163K. Total assets decreased by 68.8% over the same period, from $5.1M to $1.6M. Total functional expenses fell by 8.8%, from $480K to $438K. In its most recent filing year (2023), Florence Mauboules Charitable Trust reported a deficit of $275K, with expenses exceeding revenue. The organization holds $729 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$163K	$438K	$1.6M	$729	—	—
2022	$79K	$494K	$1.9M	$729	—	View 990
2021	$544K	$555K	$2.3M	$1	—	View 990
2020	$1.1M	$522K	$2.4M	$79K	—	View 990
2019	$294K	$678K	$3.4M	$1.6M	—	—
2015	$262K	$562K	$3.9M	$1	—	View 990
2014	$314K	$607K	$4.2M	$1	—	View 990
2013	$140K	$655K	$4.4M	$1	—	View 990
2012	$245K	$383K	$4.9M	$1	—	View 990
2011	$206K	$480K	$5.1M	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $163K, expenses of $438K, and assets of $1.6M (revenue +107.3% year-over-year).
2022: Revenue of $79K, expenses of $494K, and assets of $1.9M (revenue -85.5% year-over-year).
2021: Revenue of $544K, expenses of $555K, and assets of $2.3M (revenue -48.2% year-over-year).
2020: Revenue of $1.1M, expenses of $522K, and assets of $2.4M (revenue +257.0% year-over-year).
2019: Revenue of $294K, expenses of $678K, and assets of $3.4M (revenue +12.3% year-over-year).
2015: Revenue of $262K, expenses of $562K, and assets of $3.9M (revenue -16.5% year-over-year).
2014: Revenue of $314K, expenses of $607K, and assets of $4.2M (revenue +124.1% year-over-year).
2013: Revenue of $140K, expenses of $655K, and assets of $4.4M (revenue -42.9% year-over-year).
2012: Revenue of $245K, expenses of $383K, and assets of $4.9M (revenue +19.4% year-over-year).
2011: Revenue of $206K, expenses of $480K, and assets of $5.1M.

Data Sources and Methodology

This transparency report for Florence Mauboules Charitable 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.