George E And Catherine H Shortle Foundation
EIN: 356635265 · Carmel, IN · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $50K |
| Net Assets | $372K |
Is George E And Catherine H Shortle Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George E And Catherine H Shortle Foundation
George E And Catherine H Shortle Foundation (EIN: 356635265) is a nonprofit organization based in Carmel, IN, classified under NTEE code T20Z. The organization reported total revenue of $104K and total assets of $417K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George E And Catherine H Shortle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George E And Catherine H Shortle Foundation is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $50K |
| Surplus / Deficit | $-13,199 |
| Total Assets | $372K |
| Total Liabilities | $1 |
| Net Assets | $372K |
| Operating Margin | -36.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 89.4 months |
Financial Health Grade: B
In 2023, George E And Catherine H Shortle Foundation reported a deficit of $13K with expenses exceeding revenue, holds 89.4 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), George E And Catherine H Shortle Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.3% | +4.6% | -3.4% |
| 2022 | -8.9% | +9.9% | -1.5% |
| 2021 | +36.4% | +13.0% | +0.8% |
| 2020 | +5.3% | +0.1% | -1.1% |
| 2019 | +24.4% | +36.7% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George E And Catherine H Shortle Foundation 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 George E And Catherine H Shortle Foundation 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 $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about George E And Catherine H Shortle Foundation
Is George E And Catherine H Shortle Foundation a legitimate charity?
George E And Catherine H Shortle Foundation (EIN: 356635265) is a registered tax-exempt nonprofit based in Indiana. It has 10 years of IRS 990 filings on record. Total revenue: $104K. No red flags identified. Financial health grade: B.
How does George E And Catherine H Shortle Foundation spend its money?
George E And Catherine H Shortle Foundation reported $104K 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 George E And Catherine H Shortle Foundation tax-deductible?
George E And Catherine H Shortle Foundation is registered as a tax-exempt nonprofit (EIN: 356635265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George E And Catherine H Shortle Foundation located?
George E And Catherine H Shortle Foundation is headquartered in Carmel, Indiana and files with the IRS under EIN 356635265. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does George E And Catherine H Shortle Foundation have?
George E And Catherine H Shortle Foundation 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 $104K in total revenue.
Filing History
IRS 990 filing history for George E And Catherine H Shortle Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), George E And Catherine H Shortle Foundation's revenue has grown by 185.2%, moving from $13K to $37K. Total assets decreased by 12.2% over the same period, from $423K to $372K. Total functional expenses rose by 228.2%, from $15K to $50K. In its most recent filing year (2023), George E And Catherine H Shortle Foundation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $372K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $372K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $50K | $372K | $1 | — | — |
| 2022 | $42K | $48K | $385K | $1 | — | — |
| 2021 | $46K | $43K | $391K | $1 | — | — |
| 2020 | $34K | $38K | $388K | $1 | — | — |
| 2019 | $32K | $38K | $392K | $1 | — | View 990 |
| 2015 | $26K | $28K | $406K | $1 | — | View 990 |
| 2014 | $26K | $27K | $408K | $1 | — | View 990 |
| 2013 | $17K | $24K | $408K | $1 | — | View 990 |
| 2012 | $16K | $24K | $415K | $0 | — | View 990 |
| 2011 | $13K | $15K | $423K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $50K, and assets of $372K (revenue -13.3% year-over-year).
- 2022: Revenue of $42K, expenses of $48K, and assets of $385K (revenue -8.9% year-over-year).
- 2021: Revenue of $46K, expenses of $43K, and assets of $391K (revenue +36.4% year-over-year).
- 2020: Revenue of $34K, expenses of $38K, and assets of $388K (revenue +5.3% year-over-year).
- 2019: Revenue of $32K, expenses of $38K, and assets of $392K (revenue +24.4% year-over-year).
- 2015: Revenue of $26K, expenses of $28K, and assets of $406K (revenue +0.6% year-over-year).
- 2014: Revenue of $26K, expenses of $27K, and assets of $408K (revenue +53.0% year-over-year).
- 2013: Revenue of $17K, expenses of $24K, and assets of $408K (revenue +8.4% year-over-year).
- 2012: Revenue of $16K, expenses of $24K, and assets of $415K (revenue +21.1% year-over-year).
- 2011: Revenue of $13K, expenses of $15K, and assets of $423K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George E And Catherine H Shortle Foundation:
Data Sources and Methodology
This transparency report for George E And Catherine H Shortle Foundation 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.