Harold A Salton Trust
EIN: 237354233 · Storm Lake, IA
| Metric | Value |
|---|---|
| Total Expenses | $1K |
| Net Assets | $25K |
Is Harold A Salton Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harold A Salton Trust
Harold A Salton Trust (EIN: 237354233) is a nonprofit organization based in Storm Lake, IA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harold A Salton Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harold A Salton Trust is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $841 |
| Total Expenses | $1K |
| Surplus / Deficit | $-436 |
| Total Assets | $25K |
| Total Liabilities | $1 |
| Net Assets | $25K |
| Operating Margin | -51.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 235.1 months |
Financial Health Grade: B
In 2014, Harold A Salton Trust reported a deficit of $436 with expenses exceeding revenue, holds 235.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Harold A Salton Trust's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +15.8% | +64.4% | -1.7% |
| 2013 | -1.0% | -38.7% | -0.2% |
| 2012 | -24.6% | -1.1% | -2.1% |
AI Analysis Pending
AI enrichment for Harold A Salton 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 Harold A Salton 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $436, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Harold A Salton Trust
Is Harold A Salton Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Harold A Salton Trust (EIN: 237354233) insufficient data. 0 red flags identified, 0 strengths noted.
How does Harold A Salton Trust spend its money?
Detailed spending breakdown data is not yet available for Harold A Salton Trust. Check back for updated IRS 990 analysis.
Are donations to Harold A Salton Trust tax-deductible?
Harold A Salton Trust is registered as a tax-exempt nonprofit (EIN: 237354233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harold A Salton Trust located?
Harold A Salton Trust is headquartered in Storm Lake, Iowa and files with the IRS under EIN 237354233.
How many years of IRS 990 filings does Harold A Salton Trust have?
Harold A Salton Trust has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Harold A Salton Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Harold A Salton Trust's revenue has declined by 13.5%, moving from $972 to $841. Total assets decreased by 3.9% over the same period, from $26K to $25K. Total functional expenses fell by 0.4%, from $1K to $1K. In its most recent filing year (2014), Harold A Salton Trust reported a deficit of $436, with expenses exceeding revenue. The organization holds $1 in liabilities against $25K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $841 | $1K | $25K | $1 | — | View 990 |
| 2013 | $726 | $777 | $25K | $1 | — | View 990 |
| 2012 | $733 | $1K | $26K | $1 | — | View 990 |
| 2011 | $972 | $1K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $841, expenses of $1K, and assets of $25K (revenue +15.8% year-over-year).
- 2013: Revenue of $726, expenses of $777, and assets of $25K (revenue -1.0% year-over-year).
- 2012: Revenue of $733, expenses of $1K, and assets of $26K (revenue -24.6% year-over-year).
- 2011: Revenue of $972, expenses of $1K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harold A Salton Trust:
Data Sources and Methodology
This transparency report for Harold A Salton 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.