Franklin Tilton Northfield Scholarship Trust
EIN: 26005055 · Johnston, RI
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $5K |
| Net Assets | $78K |
Is Franklin Tilton Northfield Scholarship Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Franklin Tilton Northfield Scholarship Trust
Franklin Tilton Northfield Scholarship Trust (EIN: 26005055) is a nonprofit organization based in Johnston, RI. The organization reported total revenue of $11K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Tilton Northfield Scholarship Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin Tilton Northfield Scholarship Trust is a micro nonprofit that has been operating for 49 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $5K |
| Surplus / Deficit | $-1,421 |
| Total Assets | $78K |
| Total Liabilities | $1 |
| Net Assets | $78K |
| Operating Margin | -43.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 200.6 months |
Financial Health Grade: B
In 2023, Franklin Tilton Northfield Scholarship Trust reported a deficit of $1K with expenses exceeding revenue, holds 200.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Franklin Tilton Northfield Scholarship Trust's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.3% | -18.0% | -1.6% |
| 2022 | -14.0% | -1.2% | +0.9% |
| 2021 | +5.6% | +14.4% | +2.3% |
| 2020 | +147.8% | -14.8% | +2.9% |
| 2019 | -28.9% | +13.2% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Franklin Tilton Northfield Scholarship 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 Franklin Tilton Northfield Scholarship 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 $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Franklin Tilton Northfield Scholarship Trust
Is Franklin Tilton Northfield Scholarship Trust a legitimate charity?
Franklin Tilton Northfield Scholarship Trust (EIN: 26005055) is a registered tax-exempt nonprofit based in Rhode Island. It has 10 years of IRS 990 filings on record. Total revenue: $11K. No red flags identified. Financial health grade: B.
How does Franklin Tilton Northfield Scholarship Trust spend its money?
Franklin Tilton Northfield Scholarship Trust reported $11K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Franklin Tilton Northfield Scholarship Trust tax-deductible?
Franklin Tilton Northfield Scholarship Trust is registered as a tax-exempt nonprofit (EIN: 26005055). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Franklin Tilton Northfield Scholarship Trust located?
Franklin Tilton Northfield Scholarship Trust is headquartered in Johnston, Rhode Island and files with the IRS under EIN 26005055.
How many years of IRS 990 filings does Franklin Tilton Northfield Scholarship Trust have?
Franklin Tilton Northfield Scholarship Trust 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 $11K in total revenue.
Filing History
IRS 990 filing history for Franklin Tilton Northfield Scholarship Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Franklin Tilton Northfield Scholarship Trust's revenue has declined by 36.8%, moving from $5K to $3K. Total assets increased by 20.2% over the same period, from $65K to $78K. Total functional expenses rose by 65.4%, from $3K to $5K. In its most recent filing year (2023), Franklin Tilton Northfield Scholarship Trust reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $78K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $5K | $78K | $1 | — | — |
| 2022 | $6K | $6K | $79K | $1 | — | View 990 |
| 2021 | $7K | $6K | $79K | $1 | — | — |
| 2020 | $7K | $5K | $77K | $1 | — | — |
| 2019 | $3K | $6K | $75K | $1 | — | — |
| 2015 | $4K | $5K | $76K | $0 | — | View 990 |
| 2014 | $11K | $5K | $77K | $0 | — | View 990 |
| 2013 | $8K | $4K | $71K | $0 | — | View 990 |
| 2012 | $5K | $3K | $67K | $0 | — | View 990 |
| 2011 | $5K | $3K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $5K, and assets of $78K (revenue -49.3% year-over-year).
- 2022: Revenue of $6K, expenses of $6K, and assets of $79K (revenue -14.0% year-over-year).
- 2021: Revenue of $7K, expenses of $6K, and assets of $79K (revenue +5.6% year-over-year).
- 2020: Revenue of $7K, expenses of $5K, and assets of $77K (revenue +147.8% year-over-year).
- 2019: Revenue of $3K, expenses of $6K, and assets of $75K (revenue -28.9% year-over-year).
- 2015: Revenue of $4K, expenses of $5K, and assets of $76K (revenue -64.8% year-over-year).
- 2014: Revenue of $11K, expenses of $5K, and assets of $77K (revenue +36.0% year-over-year).
- 2013: Revenue of $8K, expenses of $4K, and assets of $71K (revenue +69.5% year-over-year).
- 2012: Revenue of $5K, expenses of $3K, and assets of $67K (revenue -3.9% year-over-year).
- 2011: Revenue of $5K, expenses of $3K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin Tilton Northfield Scholarship Trust:
Data Sources and Methodology
This transparency report for Franklin Tilton Northfield Scholarship 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.