Gard W Twaddle Nurses Endowment Fund
Gard W Twaddle Nurses Endowment Fund maintains strong asset growth and zero executive compensation.
EIN: 16019477 · Lewiston, ME · NTEE: B55I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $629K |
| Total Expenses | $87K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.7 |
| Net Assets | $2.3M |
| Transparency Score | 92/100 |
Is Gard W Twaddle Nurses Endowment Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gard W Twaddle Nurses Endowment Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gard W Twaddle Nurses Endowment Fund
Gard W Twaddle Nurses Endowment Fund (EIN: 16019477) is a nonprofit organization based in Lewiston, ME, classified under NTEE code B55I. The organization reported total revenue of $629K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gard W Twaddle Nurses Endowment Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gard W Twaddle Nurses Endowment Fund is a small nonprofit that has been operating for 71 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $87K |
| Surplus / Deficit | +$18K |
| Total Assets | $2.4M |
| Total Liabilities | $82K |
| Net Assets | $2.3M |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 325.6 months |
Financial Health Grade: A
In 2023, Gard W Twaddle Nurses Endowment Fund reported a surplus of $18K with revenue exceeding expenses, holds 325.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Gard W Twaddle Nurses Endowment Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.9% | +173.8% | -7.7% |
| 2022 | -81.7% | +168.4% | +4.5% |
| 2021 | +152.4% | -80.7% | +34.6% |
| 2020 | +139.7% | +33.2% | +6.6% |
| 2019 | -48.8% | +361.6% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 Gard W Twaddle Nurses Endowment Fund with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Gard W Twaddle Nurses Endowment Fund 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with assets exceeding $2.7 million.
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 Gard W Twaddle Nurses Endowment Fund's IRS 990 filings:
- Lack of detailed spending breakdown in summary data
Strengths
The following positive indicators were identified for Gard W Twaddle Nurses Endowment Fund:
- Consistent asset growth, reaching $2,735,529
- Zero officer compensation across all filings
- High spending efficiency with low expenses relative to revenue in most years
- Strong revenue generation in recent periods ($628,776 latest, $441,771 in 2021)
Frequently Asked Questions about Gard W Twaddle Nurses Endowment Fund
Is Gard W Twaddle Nurses Endowment Fund a legitimate charity?
Gard W Twaddle Nurses Endowment Fund (EIN: 16019477) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $629K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Gard W Twaddle Nurses Endowment Fund spend its money?
Gard W Twaddle Nurses Endowment Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Gard W Twaddle Nurses Endowment Fund tax-deductible?
Gard W Twaddle Nurses Endowment Fund is registered as a tax-exempt nonprofit (EIN: 16019477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gard W Twaddle Nurses Endowment Fund CEO make?
Gard W Twaddle Nurses Endowment Fund's highest-compensated officer earns $2.7 annually. The organization reported $629K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Gard W Twaddle Nurses Endowment Fund compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Gard W Twaddle Nurses Endowment Fund is above average for NTEE category B55I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gard W Twaddle Nurses Endowment Fund located?
Gard W Twaddle Nurses Endowment Fund is headquartered in Lewiston, Maine and files with the IRS under EIN 16019477. It is classified under NTEE code B55I.
How many years of IRS 990 filings does Gard W Twaddle Nurses Endowment Fund have?
Gard W Twaddle Nurses Endowment Fund has 12 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 $629K in total revenue.
Is Gard W Twaddle Nurses Endowment Fund a good charity?
Based on the available data, the Gard W Twaddle Nurses Endowment Fund appears to be a very good charity. It demonstrates strong financial health with growing assets, very low expenses relative to revenue in most years, and a consistent record of 0% officer compensation, suggesting a highly efficient and volunteer-driven operation focused on its mission.
What is the primary source of the organization's revenue fluctuations?
The provided data does not specify the exact sources of revenue (e.g., donations, investment income). Given the nature of an 'endowment fund' and significant fluctuations like $441,771 in 2021 and $628,776 in the latest period, it is likely that investment income plays a substantial role alongside donations.
Why did liabilities increase to $81,849 in 2023?
The summary data does not provide details on the nature of the liabilities. Further examination of the full IRS 990 filing for the 2023 period would be necessary to understand what these liabilities represent (e.g., grants payable, accounts payable, deferred revenue).
Filing History
IRS 990 filing history for Gard W Twaddle Nurses Endowment Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Gard W Twaddle Nurses Endowment Fund's revenue has grown by 18.4%, moving from $89K to $105K. Total assets increased by 96.5% over the same period, from $1.2M to $2.4M. Total functional expenses rose by 75.6%, from $50K to $87K. In its most recent filing year (2023), Gard W Twaddle Nurses Endowment Fund reported a surplus of $18K, with revenue exceeding expenses. The organization holds $82K in liabilities against $2.4M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $87K | $2.4M | $82K | — | View 990 |
| 2022 | $81K | $32K | $2.6M | $0 | — | View 990 |
| 2021 | $442K | $12K | $2.5M | $0 | — | View 990 |
| 2020 | $175K | $62K | $1.8M | $0 | — | View 990 |
| 2019 | $73K | $46K | $1.7M | $0 | — | View 990 |
| 2018 | $143K | $10K | $1.7M | $0 | — | View 990 |
| 2017 | $49K | $16K | $1.6M | $7K | — | View 990 |
| 2016 | $154K | $40K | $1.5M | $0 | — | View 990 |
| 2015 | $49K | $82K | $1.5M | $73K | — | View 990 |
| 2014 | $355K | $48K | $1.5M | $41K | — | View 990 |
| 2013 | $35K | $64K | $1.2M | $57K | — | View 990 |
| 2012 | $89K | $50K | $1.2M | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $87K, and assets of $2.4M (revenue +29.9% year-over-year).
- 2022: Revenue of $81K, expenses of $32K, and assets of $2.6M (revenue -81.7% year-over-year).
- 2021: Revenue of $442K, expenses of $12K, and assets of $2.5M (revenue +152.4% year-over-year).
- 2020: Revenue of $175K, expenses of $62K, and assets of $1.8M (revenue +139.7% year-over-year).
- 2019: Revenue of $73K, expenses of $46K, and assets of $1.7M (revenue -48.8% year-over-year).
- 2018: Revenue of $143K, expenses of $10K, and assets of $1.7M (revenue +188.4% year-over-year).
- 2017: Revenue of $49K, expenses of $16K, and assets of $1.6M (revenue -67.9% year-over-year).
- 2016: Revenue of $154K, expenses of $40K, and assets of $1.5M (revenue +215.5% year-over-year).
- 2015: Revenue of $49K, expenses of $82K, and assets of $1.5M (revenue -86.3% year-over-year).
- 2014: Revenue of $355K, expenses of $48K, and assets of $1.5M (revenue +924.1% year-over-year).
- 2013: Revenue of $35K, expenses of $64K, and assets of $1.2M (revenue -61.0% year-over-year).
- 2012: Revenue of $89K, expenses of $50K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gard W Twaddle Nurses Endowment Fund:
Data Sources and Methodology
This transparency report for Gard W Twaddle Nurses Endowment Fund 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.