Frederick C Denman Revocable Trust
Frederick C Denman Revocable Trust maintains stable assets and zero officer compensation over a decade.
EIN: 206972548 · Urbandale, IA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $50K |
| Program Spending | 85% |
| Net Assets | $649K |
| Transparency Score | 85/100 |
Is Frederick C Denman Revocable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frederick C Denman Revocable Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frederick C Denman Revocable Trust
Frederick C Denman Revocable Trust (EIN: 206972548) is a nonprofit organization based in Urbandale, IA, classified under NTEE code T20. The organization reported total revenue of $200K and total assets of $661K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frederick C Denman Revocable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frederick C Denman Revocable Trust is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $50K |
| Surplus / Deficit | +$11K |
| Total Assets | $649K |
| Total Liabilities | $1 |
| Net Assets | $649K |
| Operating Margin | 18.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.7 months |
Financial Health Grade: A
In 2023, Frederick C Denman Revocable Trust reported a surplus of $11K with revenue exceeding expenses, holds 155.7 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), Frederick C Denman Revocable Trust's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.3% | -5.9% | +1.8% |
| 2022 | -57.8% | +5.3% | -2.4% |
| 2021 | -23.6% | +2.9% | +6.1% |
| 2020 | +101.8% | +0.4% | +12.0% |
| 2019 | +33.6% | +6.4% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Frederick C Denman Revocable Trust with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Frederick C Denman Revocable Trust allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries or benefits from the trust, which is a strong positive for financial efficiency and public trust.
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 Frederick C Denman Revocable Trust's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin) in provided summary data, making full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Frederick C Denman Revocable Trust:
- Consistent asset growth over the decade, from $558,267 in 2011 to $649,314 in 2023.
- Zero officer compensation reported across all 10 filings, indicating high fiscal responsibility.
- Extremely low liabilities ($1 in most years), demonstrating strong financial stability.
- Generally operates with revenue exceeding expenses, contributing to long-term sustainability.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Frequently Asked Questions about Frederick C Denman Revocable Trust
Is Frederick C Denman Revocable Trust a legitimate charity?
Frederick C Denman Revocable Trust (EIN: 206972548) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $200K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Frederick C Denman Revocable Trust spend its money?
Frederick C Denman Revocable Trust directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Frederick C Denman Revocable Trust tax-deductible?
Frederick C Denman Revocable Trust is registered as a tax-exempt nonprofit (EIN: 206972548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Frederick C Denman Revocable Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Frederick C Denman Revocable Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Frederick C Denman Revocable Trust located?
Frederick C Denman Revocable Trust is headquartered in Urbandale, Iowa and files with the IRS under EIN 206972548. It is classified under NTEE code T20.
How many years of IRS 990 filings does Frederick C Denman Revocable Trust have?
Frederick C Denman Revocable 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 $200K in total revenue.
Is Frederick C Denman Revocable Trust a good charity?
Based on the provided financial data, the Frederick C Denman Revocable Trust exhibits strong financial health, consistent asset growth, and excellent fiscal responsibility with zero officer compensation and minimal liabilities. Its NTEE code suggests it's a grantmaking foundation, implying its expenses are largely programmatic. However, without detailed program spending figures, a definitive 'good charity' assessment is limited to its financial management.
How does the trust manage its assets?
The trust has consistently grown its assets from $558,267 in 2011 to $649,314 in 2023, indicating effective asset management. It generally generates more revenue than expenses, contributing to this growth, and maintains very low liabilities ($1 in most years).
What is the trend in the trust's revenue and expenses?
Revenue has fluctuated, with a high of $115,248 in 2020 and a low of $29,534 in 2011. Expenses have shown a gradual increase over the decade, from $35,318 in 2011 to $50,030 in 2023, but generally remain below revenue, allowing for asset accumulation.
Filing History
IRS 990 filing history for Frederick C Denman Revocable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Frederick C Denman Revocable Trust's revenue has grown by 107.8%, moving from $30K to $61K. Total assets increased by 16.3% over the same period, from $558K to $649K. Total functional expenses rose by 41.7%, from $35K to $50K. In its most recent filing year (2023), Frederick C Denman Revocable Trust reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1 in liabilities against $649K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $649K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $50K | $649K | $1 | — | — |
| 2022 | $37K | $53K | $638K | $1 | — | View 990 |
| 2021 | $88K | $50K | $654K | $1 | — | — |
| 2020 | $115K | $49K | $616K | $1 | — | — |
| 2019 | $57K | $49K | $550K | $1 | — | View 990 |
| 2015 | $43K | $46K | $576K | $1 | — | View 990 |
| 2014 | $40K | $44K | $579K | $1 | — | View 990 |
| 2013 | $48K | $44K | $583K | $1 | — | View 990 |
| 2012 | $65K | $44K | $579K | $1 | — | View 990 |
| 2011 | $30K | $35K | $558K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $50K, and assets of $649K (revenue +65.3% year-over-year).
- 2022: Revenue of $37K, expenses of $53K, and assets of $638K (revenue -57.8% year-over-year).
- 2021: Revenue of $88K, expenses of $50K, and assets of $654K (revenue -23.6% year-over-year).
- 2020: Revenue of $115K, expenses of $49K, and assets of $616K (revenue +101.8% year-over-year).
- 2019: Revenue of $57K, expenses of $49K, and assets of $550K (revenue +33.6% year-over-year).
- 2015: Revenue of $43K, expenses of $46K, and assets of $576K (revenue +6.6% year-over-year).
- 2014: Revenue of $40K, expenses of $44K, and assets of $579K (revenue -16.9% year-over-year).
- 2013: Revenue of $48K, expenses of $44K, and assets of $583K (revenue -26.0% year-over-year).
- 2012: Revenue of $65K, expenses of $44K, and assets of $579K (revenue +120.6% year-over-year).
- 2011: Revenue of $30K, expenses of $35K, and assets of $558K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frederick C Denman Revocable Trust:
Data Sources and Methodology
This transparency report for Frederick C Denman Revocable 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.