H Richard Mcfarland Early Americana Charitable Trust
EIN: 383129177 · Indianapolis, IN
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $195K |
| Net Assets | $892K |
Is H Richard Mcfarland Early Americana Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About H Richard Mcfarland Early Americana Charitable Trust
H Richard Mcfarland Early Americana Charitable Trust (EIN: 383129177) is a nonprofit organization based in Indianapolis, IN. The organization reported total revenue of $240K and total assets of $868K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H Richard Mcfarland Early Americana Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H Richard Mcfarland Early Americana Charitable Trust is a small nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 71.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $195K |
| Total Expenses | $195K |
| Surplus / Deficit | +$241 |
| Total Assets | $892K |
| Total Liabilities | $1 |
| Net Assets | $892K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.9 months |
Financial Health Grade: A
In 2023, H Richard Mcfarland Early Americana Charitable Trust reported a surplus of $241 with revenue exceeding expenses, holds 54.9 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), H Richard Mcfarland Early Americana Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 71.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.2% | -51.1% | +0.0% |
| 2022 | -27.3% | +73.3% | +0.2% |
| 2021 | +22.2% | +6.3% | +61.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for H Richard Mcfarland Early Americana Charitable Trust 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 H Richard Mcfarland Early Americana Charitable Trust 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 surplus of $241, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about H Richard Mcfarland Early Americana Charitable Trust
Is H Richard Mcfarland Early Americana Charitable Trust a legitimate charity?
H Richard Mcfarland Early Americana Charitable Trust (EIN: 383129177) is a registered tax-exempt nonprofit based in Indiana. It has 10 years of IRS 990 filings on record. Total revenue: $240K. No red flags identified. Financial health grade: A.
How does H Richard Mcfarland Early Americana Charitable Trust spend its money?
H Richard Mcfarland Early Americana Charitable Trust reported $240K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to H Richard Mcfarland Early Americana Charitable Trust tax-deductible?
H Richard Mcfarland Early Americana Charitable Trust is registered as a tax-exempt nonprofit (EIN: 383129177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is H Richard Mcfarland Early Americana Charitable Trust located?
H Richard Mcfarland Early Americana Charitable Trust is headquartered in Indianapolis, Indiana and files with the IRS under EIN 383129177.
How many years of IRS 990 filings does H Richard Mcfarland Early Americana Charitable Trust have?
H Richard Mcfarland Early Americana Charitable Trust 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 $240K in total revenue.
Filing History
IRS 990 filing history for H Richard Mcfarland Early Americana Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), H Richard Mcfarland Early Americana Charitable Trust's revenue has grown by 64900%, moving from $300 to $195K. Total assets increased by 211.2% over the same period, from $287K to $892K. Total functional expenses rose by 8912.4%, from $2K to $195K. In its most recent filing year (2023), H Richard Mcfarland Early Americana Charitable Trust reported a surplus of $241, with revenue exceeding expenses. The organization holds $1 in liabilities against $892K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $892K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $195K | $195K | $892K | $1 | — | View 990 |
| 2022 | $400K | $398K | $891K | $1 | — | View 990 |
| 2021 | $550K | $230K | $890K | $1 | — | View 990 |
| 2020 | $450K | $216K | $549K | $1 | — | View 990 |
| 2019 | $0 | $124K | $316K | $0 | — | View 990 |
| 2015 | $0 | $2K | $280K | $0 | — | View 990 |
| 2014 | $2K | $3K | $282K | $0 | — | View 990 |
| 2013 | $1K | $3K | $283K | $0 | — | View 990 |
| 2012 | $400 | $2K | $285K | $0 | — | View 990 |
| 2011 | $300 | $2K | $287K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $195K, expenses of $195K, and assets of $892K (revenue -51.2% year-over-year).
- 2022: Revenue of $400K, expenses of $398K, and assets of $891K (revenue -27.3% year-over-year).
- 2021: Revenue of $550K, expenses of $230K, and assets of $890K (revenue +22.2% year-over-year).
- 2020: Revenue of $450K, expenses of $216K, and assets of $549K.
- 2019: Revenue of $0, expenses of $124K, and assets of $316K.
- 2015: Revenue of $0, expenses of $2K, and assets of $280K (revenue -100.0% year-over-year).
- 2014: Revenue of $2K, expenses of $3K, and assets of $282K (revenue +100.0% year-over-year).
- 2013: Revenue of $1K, expenses of $3K, and assets of $283K (revenue +175.0% year-over-year).
- 2012: Revenue of $400, expenses of $2K, and assets of $285K (revenue +33.3% year-over-year).
- 2011: Revenue of $300, expenses of $2K, and assets of $287K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H Richard Mcfarland Early Americana Charitable Trust:
Data Sources and Methodology
This transparency report for H Richard Mcfarland Early Americana Charitable Trust 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.