Gillespie Fam Charity Tr
EIN: 716145471 · Russellville, AR
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $18K |
| Net Assets | $315K |
Is Gillespie Fam Charity Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gillespie Fam Charity Tr
Gillespie Fam Charity Tr (EIN: 716145471) is a nonprofit organization based in Russellville, AR. The organization reported total revenue of $69K and total assets of $326K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gillespie Fam Charity Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gillespie Fam Charity Tr is a micro nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $18K |
| Surplus / Deficit | $-6,616 |
| Total Assets | $315K |
| Total Liabilities | $132 |
| Net Assets | $315K |
| Operating Margin | -56.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 204.9 months |
Financial Health Grade: B
In 2023, Gillespie Fam Charity Tr reported a deficit of $7K with expenses exceeding revenue, holds 204.9 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), Gillespie Fam Charity Tr's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | -7.6% | -2.1% |
| 2022 | -2.4% | -6.1% | -2.4% |
| 2021 | +22.6% | +11.6% | -2.6% |
| 2020 | -42.4% | -0.8% | -2.6% |
| 2019 | +0.9% | -12.2% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gillespie Fam Charity Tr 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 Gillespie Fam Charity Tr 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Gillespie Fam Charity Tr
Is Gillespie Fam Charity Tr a legitimate charity?
Gillespie Fam Charity Tr (EIN: 716145471) is a registered tax-exempt nonprofit based in Arkansas. It has 10 years of IRS 990 filings on record. Total revenue: $69K. No red flags identified. Financial health grade: B.
How does Gillespie Fam Charity Tr spend its money?
Gillespie Fam Charity Tr reported $69K 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 Gillespie Fam Charity Tr tax-deductible?
Gillespie Fam Charity Tr is registered as a tax-exempt nonprofit (EIN: 716145471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gillespie Fam Charity Tr located?
Gillespie Fam Charity Tr is headquartered in Russellville, Arkansas and files with the IRS under EIN 716145471.
How many years of IRS 990 filings does Gillespie Fam Charity Tr have?
Gillespie Fam Charity Tr 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 $69K in total revenue.
Filing History
IRS 990 filing history for Gillespie Fam Charity Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gillespie Fam Charity Tr's revenue has declined by 56.6%, moving from $27K to $12K. Total assets decreased by 19.8% over the same period, from $392K to $315K. Total functional expenses fell by 18.2%, from $23K to $18K. In its most recent filing year (2023), Gillespie Fam Charity Tr reported a deficit of $7K, with expenses exceeding revenue. The organization holds $132 in liabilities against $315K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $315K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $18K | $315K | $132 | — | — |
| 2022 | $12K | $20K | $321K | $132 | — | View 990 |
| 2021 | $12K | $21K | $329K | $97 | — | — |
| 2020 | $10K | $19K | $338K | $88 | — | — |
| 2019 | $17K | $19K | $347K | $167 | — | View 990 |
| 2015 | $17K | $22K | $378K | $186 | — | View 990 |
| 2014 | $19K | $23K | $384K | $1K | — | View 990 |
| 2013 | $26K | $22K | $387K | $184 | — | View 990 |
| 2012 | $12K | $22K | $382K | $213 | — | View 990 |
| 2011 | $27K | $23K | $392K | $123 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $18K, and assets of $315K (revenue -1.9% year-over-year).
- 2022: Revenue of $12K, expenses of $20K, and assets of $321K (revenue -2.4% year-over-year).
- 2021: Revenue of $12K, expenses of $21K, and assets of $329K (revenue +22.6% year-over-year).
- 2020: Revenue of $10K, expenses of $19K, and assets of $338K (revenue -42.4% year-over-year).
- 2019: Revenue of $17K, expenses of $19K, and assets of $347K (revenue +0.9% year-over-year).
- 2015: Revenue of $17K, expenses of $22K, and assets of $378K (revenue -7.4% year-over-year).
- 2014: Revenue of $19K, expenses of $23K, and assets of $384K (revenue -29.1% year-over-year).
- 2013: Revenue of $26K, expenses of $22K, and assets of $387K (revenue +112.1% year-over-year).
- 2012: Revenue of $12K, expenses of $22K, and assets of $382K (revenue -54.4% year-over-year).
- 2011: Revenue of $27K, expenses of $23K, and assets of $392K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gillespie Fam Charity Tr:
Data Sources and Methodology
This transparency report for Gillespie Fam Charity Tr 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.