Ginny L Clements Charitable Tr
EIN: 357163018 · Tucson, AZ · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $103K |
| Net Assets | $3.0M |
Is Ginny L Clements Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ginny L Clements Charitable Tr
Ginny L Clements Charitable Tr (EIN: 357163018) is a nonprofit organization based in Tucson, AZ, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ginny L Clements Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ginny L Clements Charitable Tr is a mid-size nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -33.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $103K |
| Surplus / Deficit | $-77,227 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -305.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 355.6 months |
Financial Health Grade: B
In 2023, Ginny L Clements Charitable Tr reported a deficit of $77K with expenses exceeding revenue, holds 355.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Ginny L Clements Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -33.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -116.7% | +175.7% | -38.6% |
| 2021 | +726.1% | +20.0% | +12.0% |
| 2020 | -25.6% | -31.8% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ginny L Clements Charitable 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 Ginny L Clements Charitable 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 $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ginny L Clements Charitable Tr
Is Ginny L Clements Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Ginny L Clements Charitable Tr (EIN: 357163018) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ginny L Clements Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Ginny L Clements Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Ginny L Clements Charitable Tr tax-deductible?
Ginny L Clements Charitable Tr is registered as a tax-exempt nonprofit (EIN: 357163018). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ginny L Clements Charitable Tr located?
Ginny L Clements Charitable Tr is headquartered in Tucson, Arizona and files with the IRS under EIN 357163018. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ginny L Clements Charitable Tr have?
Ginny L Clements Charitable Tr has 5 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Ginny L Clements Charitable Tr showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Ginny L Clements Charitable Tr's revenue has declined by 79.9%, moving from $126K to $25K. Total assets decreased by 4.5% over the same period, from $3.2M to $3.0M. Total functional expenses fell by 58.1%, from $245K to $103K. In its most recent filing year (2023), Ginny L Clements Charitable Tr reported a deficit of $77K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $103K | $3.0M | $1 | — | View 990 |
| 2022 | $-128,988 | $552K | $2.5M | $1 | — | View 990 |
| 2021 | $772K | $200K | $4.1M | $-5,000 | — | View 990 |
| 2020 | $94K | $167K | $3.7M | $51K | — | View 990 |
| 2019 | $126K | $245K | $3.2M | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $103K, and assets of $3.0M.
- 2022: Revenue of $-128,988, expenses of $552K, and assets of $2.5M (revenue -116.7% year-over-year).
- 2021: Revenue of $772K, expenses of $200K, and assets of $4.1M (revenue +726.1% year-over-year).
- 2020: Revenue of $94K, expenses of $167K, and assets of $3.7M (revenue -25.6% year-over-year).
- 2019: Revenue of $126K, expenses of $245K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ginny L Clements Charitable Tr:
Data Sources and Methodology
This transparency report for Ginny L Clements Charitable 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.