H Eric Cushing Foundation Tr
H Eric Cushing Foundation Tr shows consistent asset growth and no officer compensation.
EIN: 113672319 · Chestnut Hill, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $807K |
| Total Expenses | $340K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.8M |
| Transparency Score | 85/100 |
Is H Eric Cushing Foundation Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
H Eric Cushing Foundation Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About H Eric Cushing Foundation Tr
H Eric Cushing Foundation Tr (EIN: 113672319) is a nonprofit organization based in Chestnut Hill, MA, classified under NTEE code T22. The organization reported total revenue of $807K and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H Eric Cushing Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H Eric Cushing Foundation Tr is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $745K |
| Total Expenses | $340K |
| Surplus / Deficit | +$405K |
| Total Assets | $5.8M |
| Total Liabilities | $1 |
| Net Assets | $5.8M |
| Operating Margin | 54.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 204.0 months |
Financial Health Grade: A
In 2023, H Eric Cushing Foundation Tr reported a surplus of $405K with revenue exceeding expenses, holds 204.0 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), H Eric Cushing Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 28.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | +55.6% | +3.5% |
| 2022 | +46.5% | +31.0% | +3.6% |
| 2021 | +124.2% | -14.4% | +2.1% |
| 2020 | -27.0% | -28.5% | -2.7% |
| 2019 | +167.3% | +25.6% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 H Eric Cushing Foundation Tr with a Mission Score of 85 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, H Eric Cushing Foundation Tr 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 $405K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly efficient for an organization of its size with assets exceeding $5 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 H Eric Cushing Foundation Tr's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin) in provided data
- Limited information on specific programmatic activities
Strengths
The following positive indicators were identified for H Eric Cushing Foundation Tr:
- Consistent asset growth (from $5,097,934 in 2015 to $5,779,959 in 2023)
- Extremely low liabilities ($0 or $1 across all filings)
- No reported officer compensation (0% across all filings)
- Strong revenue generation in recent years (e.g., $744,772 in 2023)
- Positive net income in most recent periods, contributing to asset accumulation
Frequently Asked Questions about H Eric Cushing Foundation Tr
Is H Eric Cushing Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, H Eric Cushing Foundation Tr (EIN: 113672319) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does H Eric Cushing Foundation Tr spend its money?
H Eric Cushing Foundation Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to H Eric Cushing Foundation Tr tax-deductible?
H Eric Cushing Foundation Tr is registered as a tax-exempt nonprofit (EIN: 113672319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the H Eric Cushing Foundation Tr CEO make?
H Eric Cushing Foundation Tr's highest-compensated officer earns $5 annually. The organization reported $807K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does H Eric Cushing Foundation Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), H Eric Cushing Foundation Tr is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is H Eric Cushing Foundation Tr located?
H Eric Cushing Foundation Tr is headquartered in Chestnut Hill, Massachusetts and files with the IRS under EIN 113672319. It is classified under NTEE code T22.
How many years of IRS 990 filings does H Eric Cushing Foundation Tr have?
H Eric Cushing Foundation 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 $807K in total revenue.
What are the specific programs or grants funded by the H Eric Cushing Foundation Tr?
The provided data does not detail the specific programs or grants funded by the foundation. Further investigation into their public disclosures or website would be necessary.
What is the foundation's strategy for managing its significant asset growth?
With assets growing from $5,097,934 in 2015 to $5,779,959 in 2023, the foundation appears to be effectively managing its investments, but the specific strategy is not detailed in the provided IRS 990 data.
How does the foundation allocate its expenses between program services and administrative costs?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency.
Filing History
IRS 990 filing history for H Eric Cushing Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), H Eric Cushing Foundation Tr's revenue has grown by 1870.7%, moving from $38K to $745K. Total assets increased by 7.2% over the same period, from $5.4M to $5.8M. Total functional expenses rose by 70.8%, from $199K to $340K. In its most recent filing year (2023), H Eric Cushing Foundation Tr reported a surplus of $405K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $745K | $340K | $5.8M | $1 | — | View 990 |
| 2022 | $726K | $219K | $5.6M | $1 | — | View 990 |
| 2021 | $496K | $167K | $5.4M | $1 | — | View 990 |
| 2020 | $221K | $195K | $5.3M | $1 | — | — |
| 2019 | $303K | $273K | $5.4M | $0 | — | View 990 |
| 2015 | $113K | $217K | $5.1M | $0 | — | View 990 |
| 2014 | $165K | $384K | $5.2M | $0 | — | View 990 |
| 2013 | $583K | $272K | $5.4M | $0 | — | — |
| 2012 | $10K | $241K | $5.2M | $0 | — | View 990 |
| 2011 | $38K | $199K | $5.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $745K, expenses of $340K, and assets of $5.8M (revenue +2.6% year-over-year).
- 2022: Revenue of $726K, expenses of $219K, and assets of $5.6M (revenue +46.5% year-over-year).
- 2021: Revenue of $496K, expenses of $167K, and assets of $5.4M (revenue +124.2% year-over-year).
- 2020: Revenue of $221K, expenses of $195K, and assets of $5.3M (revenue -27.0% year-over-year).
- 2019: Revenue of $303K, expenses of $273K, and assets of $5.4M (revenue +167.3% year-over-year).
- 2015: Revenue of $113K, expenses of $217K, and assets of $5.1M (revenue -31.4% year-over-year).
- 2014: Revenue of $165K, expenses of $384K, and assets of $5.2M (revenue -71.6% year-over-year).
- 2013: Revenue of $583K, expenses of $272K, and assets of $5.4M (revenue +5598.7% year-over-year).
- 2012: Revenue of $10K, expenses of $241K, and assets of $5.2M (revenue -72.9% year-over-year).
- 2011: Revenue of $38K, expenses of $199K, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H Eric Cushing Foundation Tr:
Data Sources and Methodology
This transparency report for H Eric Cushing Foundation 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.