Gonzales Charitable Trust Underwill

Gonzales Charitable Trust Underwill shows declining assets and minimal revenue, operating with zero officer compensation.

EIN: 206881245 · Guthrie Ctr, IA · Updated: 2026-03-28

$496Revenue
$7KAssets
60/100Mission Score (Good)
Gonzales Charitable Trust Underwill Financial Summary
MetricValue
Total Revenue$496
Total Expenses$101
Program Spending80%
Net Assets$7K
Transparency Score60/100

Is Gonzales Charitable Trust Underwill Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Gonzales Charitable Trust Underwill directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Gonzales Charitable Trust Underwill

Gonzales Charitable Trust Underwill (EIN: 206881245) is a nonprofit organization based in Guthrie Ctr, IA. The organization reported total revenue of $496 and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gonzales Charitable Trust Underwill's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

MicroSize Classification
7Years of Filings
MixedRevenue Trajectory

Gonzales Charitable Trust Underwill is a micro nonprofit, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 20.7%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$496
Total Expenses$101
Surplus / Deficit+$395
Total Assets$7K
Total Liabilities$1
Net Assets$7K
Operating Margin79.6%
Debt-to-Asset Ratio0.0%
Months of Reserves812.1 months

Financial Health Grade: A

In 2020, Gonzales Charitable Trust Underwill reported a surplus of $395 with revenue exceeding expenses, holds 812.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 7 years of filings (2011–2020), Gonzales Charitable Trust Underwill's revenue has grown at a compound annual growth rate (CAGR) of 20.7%.

YearRevenue ChangeExpense ChangeAsset Change
2020+933.3%-90.8%+6.1%
2019+152.6%+22.2%-30.1%
2015+1800.0%+0.0%-8.7%
2014-96.0%-10.0%-8.2%
2013-40.5%-8.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Gonzales Charitable Trust Underwill appears to be a very small, family-run trust with minimal financial activity. Its revenue has consistently been very low, ranging from $1 to $496 over the past seven years, while expenses have often exceeded revenue, sometimes significantly, such as in 2019 when expenses were $1,100 against $48 in revenue. The organization's assets have steadily declined from $11,931 in 2011 to $6,835 in 2020, indicating a gradual depletion of its principal. Given its small scale and consistent reporting of zero officer compensation, the trust likely operates with very low overhead, but its financial health is characterized by its diminishing asset base and reliance on its principal rather than substantial incoming revenue to cover its modest expenses. The consistent filing of 990-EZ forms suggests a basic level of transparency for an organization of its size.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gonzales Charitable Trust Underwill with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Gonzales Charitable Trust Underwill allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

$496Total Revenue
$101Total Expenses
$7KTotal Assets
$1Total Liabilities
$7KNet Assets

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% of expenses across all available filings, indicating that the trust is managed without paid officers, which is appropriate for an organization of its extremely small size and financial activity.

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 Gonzales Charitable Trust Underwill's IRS 990 filings:

Strengths

The following positive indicators were identified for Gonzales Charitable Trust Underwill:

Frequently Asked Questions about Gonzales Charitable Trust Underwill

Is Gonzales Charitable Trust Underwill a legitimate charity?

Based on AI analysis of IRS 990 filings, Gonzales Charitable Trust Underwill (EIN: 206881245) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.

How does Gonzales Charitable Trust Underwill spend its money?

Gonzales Charitable Trust Underwill directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Gonzales Charitable Trust Underwill tax-deductible?

Gonzales Charitable Trust Underwill is registered as a tax-exempt nonprofit (EIN: 206881245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Gonzales Charitable Trust Underwill located?

Gonzales Charitable Trust Underwill is headquartered in Guthrie Ctr, Iowa and files with the IRS under EIN 206881245.

How many years of IRS 990 filings does Gonzales Charitable Trust Underwill have?

Gonzales Charitable Trust Underwill has 7 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 $496 in total revenue.

What is the primary purpose or program activity of the Gonzales Charitable Trust Underwill?

Based on the provided financial data, the specific program activities are not detailed. The NTEE code is unknown, and the financial figures are too small to infer specific programs. The trust's expenses are minimal, suggesting very limited programmatic output.

How does the trust sustain its operations given its low revenue and declining assets?

The trust appears to sustain its operations by drawing down its existing assets. With revenues consistently below expenses in most years (e.g., $48 revenue vs. $1,100 expenses in 2019), the decline in assets from $11,931 in 2011 to $6,835 in 2020 indicates it is spending down its principal.

Is the Gonzales Charitable Trust Underwill financially stable?

No, the trust does not appear financially stable in the long term. Its assets have been steadily declining, and its revenue generation is consistently very low, often not covering its minimal expenses. This suggests a limited lifespan if current trends continue.

Filing History

IRS 990 filing history for Gonzales Charitable Trust Underwill showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2020), Gonzales Charitable Trust Underwill's revenue has grown by 445.1%, moving from $91 to $496. Total assets decreased by 42.7% over the same period, from $12K to $7K. Total functional expenses fell by 95%, from $2K to $101. In its most recent filing year (2020), Gonzales Charitable Trust Underwill reported a surplus of $395, with revenue exceeding expenses. The organization holds $1 in liabilities against $7K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $496 $101 $7K $1
2019 $48 $1K $6K $1 View 990
2015 $19 $900 $9K $1 View 990
2014 $1 $900 $10K $1 View 990
2013 $25 $1K $11K $1 View 990
2012 $42 $0 $12K $1 View 990
2011 $91 $2K $12K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Gonzales Charitable Trust Underwill:

2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Gonzales Charitable Trust Underwill 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.

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