Hale L Colton Trust 323 301776340
EIN: 66082996 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $19K |
| Net Assets | $385K |
Is Hale L Colton Trust 323 301776340 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hale L Colton Trust 323 301776340
Hale L Colton Trust 323 301776340 (EIN: 66082996) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $166K and total assets of $375K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hale L Colton Trust 323 301776340's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hale L Colton Trust 323 301776340 is a small nonprofit that has been operating for 54 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -15.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $19K |
| Surplus / Deficit | $-4,277 |
| Total Assets | $385K |
| Total Liabilities | $1 |
| Net Assets | $385K |
| Operating Margin | -30.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 249.5 months |
Financial Health Grade: B
In 2015, Hale L Colton Trust 323 301776340 reported a deficit of $4K with expenses exceeding revenue, holds 249.5 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 (2011–2015), Hale L Colton Trust 323 301776340's revenue has declined at a compound annual growth rate (CAGR) of -15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +8.4% | -46.3% | -1.2% |
| 2014 | -68.6% | +51.4% | -3.3% |
| 2013 | +35.4% | -1.6% | +4.9% |
| 2012 | +11.4% | +5.3% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hale L Colton Trust 323 301776340 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 Hale L Colton Trust 323 301776340 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Hale L Colton Trust 323 301776340
Is Hale L Colton Trust 323 301776340 a legitimate charity?
Hale L Colton Trust 323 301776340 (EIN: 66082996) is a registered tax-exempt nonprofit based in Rhode Island. It has 5 years of IRS 990 filings on record. Total revenue: $166K. No red flags identified. Financial health grade: B.
How does Hale L Colton Trust 323 301776340 spend its money?
Hale L Colton Trust 323 301776340 reported $166K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hale L Colton Trust 323 301776340 tax-deductible?
Hale L Colton Trust 323 301776340 is registered as a tax-exempt nonprofit (EIN: 66082996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hale L Colton Trust 323 301776340 located?
Hale L Colton Trust 323 301776340 is headquartered in Providence, Rhode Island and files with the IRS under EIN 66082996.
How many years of IRS 990 filings does Hale L Colton Trust 323 301776340 have?
Hale L Colton Trust 323 301776340 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 $166K in total revenue.
Filing History
IRS 990 filing history for Hale L Colton Trust 323 301776340 showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Hale L Colton Trust 323 301776340's revenue has declined by 48.7%, moving from $28K to $14K. Total assets increased by 2% over the same period, from $378K to $385K. Total functional expenses fell by 15.7%, from $22K to $19K. In its most recent filing year (2015), Hale L Colton Trust 323 301776340 reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $385K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $385K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $14K | $19K | $385K | $1 | — | View 990 |
| 2014 | $13K | $34K | $390K | $1 | — | View 990 |
| 2013 | $42K | $23K | $403K | $0 | — | View 990 |
| 2012 | $31K | $23K | $384K | $0 | — | View 990 |
| 2011 | $28K | $22K | $378K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $14K, expenses of $19K, and assets of $385K (revenue +8.4% year-over-year).
- 2014: Revenue of $13K, expenses of $34K, and assets of $390K (revenue -68.6% year-over-year).
- 2013: Revenue of $42K, expenses of $23K, and assets of $403K (revenue +35.4% year-over-year).
- 2012: Revenue of $31K, expenses of $23K, and assets of $384K (revenue +11.4% year-over-year).
- 2011: Revenue of $28K, expenses of $22K, and assets of $378K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hale L Colton Trust 323 301776340:
Data Sources and Methodology
This transparency report for Hale L Colton Trust 323 301776340 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.