Harold P Farrington Trust Uw 325755
Harold P Farrington Trust maintains substantial assets with fluctuating revenue and no reported officer compensation.
EIN: 136172804 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $21.5M |
| Transparency Score | 85/100 |
Is Harold P Farrington Trust Uw 325755 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harold P Farrington Trust Uw 325755 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harold P Farrington Trust Uw 325755
Harold P Farrington Trust Uw 325755 (EIN: 136172804) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $4.4M and total assets of $20.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harold P Farrington Trust Uw 325755's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harold P Farrington Trust Uw 325755 is a mid-size nonprofit, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-428,773 |
| Total Assets | $21.5M |
| Total Liabilities | $1 |
| Net Assets | $21.5M |
| Operating Margin | -28.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 131.9 months |
Financial Health Grade: B
In 2024, Harold P Farrington Trust Uw 325755 reported a deficit of $429K with expenses exceeding revenue, holds 131.9 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 (2012–2024), Harold P Farrington Trust Uw 325755's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -73.4% | -0.2% | -1.9% |
| 2023 | +1143.9% | +34.0% | +20.8% |
| 2022 | +22.8% | +10.9% | -5.2% |
| 2021 | -89.5% | -21.0% | -4.7% |
| 2020 | +305.1% | +16.4% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Harold P Farrington Trust Uw 325755 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, Harold P Farrington Trust Uw 325755 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $429K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly efficient for a trust of this size.
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 Harold P Farrington Trust Uw 325755's IRS 990 filings:
- NTEE code is unknown, making it difficult to assess alignment with mission-specific benchmarks.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full spending efficiency analysis.
Strengths
The following positive indicators were identified for Harold P Farrington Trust Uw 325755:
- Consistently reports 0% officer compensation, indicating high efficiency in leadership costs.
- Maintains substantial assets (over $20 million in latest filing), providing long-term financial stability.
- Minimal liabilities ($0 or $1 across all filings) demonstrates strong financial management and low debt.
- Generally spends less than its revenue, allowing for asset growth over time.
Frequently Asked Questions about Harold P Farrington Trust Uw 325755
Is Harold P Farrington Trust Uw 325755 a legitimate charity?
Harold P Farrington Trust Uw 325755 (EIN: 136172804) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Harold P Farrington Trust Uw 325755 spend its money?
Harold P Farrington Trust Uw 325755 directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Harold P Farrington Trust Uw 325755 tax-deductible?
Harold P Farrington Trust Uw 325755 is registered as a tax-exempt nonprofit (EIN: 136172804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harold P Farrington Trust Uw 325755 located?
Harold P Farrington Trust Uw 325755 is headquartered in Dallas, Texas and files with the IRS under EIN 136172804.
How many years of IRS 990 filings does Harold P Farrington Trust Uw 325755 have?
Harold P Farrington Trust Uw 325755 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 $4.4M in total revenue.
What is the primary purpose or program activity of the Harold P Farrington Trust?
The NTEE code is unknown, and without further details on program expenses, the specific mission or program activities are not clear from the provided financial data.
How does the trust manage its significant asset base?
With assets consistently over $18 million and reaching over $21 million, the trust likely employs professional investment management, as indicated by fluctuating revenue which often includes investment gains or losses.
Why does the revenue fluctuate so dramatically year-to-year?
The significant fluctuations in revenue (e.g., $461,733 in 2022 vs. $5,743,490 in 2023) suggest that a substantial portion of its income may come from investment returns, large one-time donations, or specific grant cycles rather than consistent operational income.
Filing History
IRS 990 filing history for Harold P Farrington Trust Uw 325755 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Harold P Farrington Trust Uw 325755's revenue has declined by 30.3%, moving from $2.2M to $1.5M. Total assets increased by 27.8% over the same period, from $16.8M to $21.5M. Total functional expenses rose by 62.8%, from $1.2M to $2.0M. In its most recent filing year (2024), Harold P Farrington Trust Uw 325755 reported a deficit of $429K, with expenses exceeding revenue. The organization holds $1 in liabilities against $21.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $2.0M | $21.5M | $1 | — | View 990 |
| 2023 | $5.7M | $2.0M | $21.9M | $1 | — | View 990 |
| 2022 | $462K | $1.5M | $18.1M | $1 | — | View 990 |
| 2021 | $376K | $1.3M | $19.1M | $1 | — | — |
| 2020 | $3.6M | $1.7M | $20.1M | $1 | — | View 990 |
| 2016 | $882K | $1.4M | $20.4M | $1 | — | View 990 |
| 2015 | $3.6M | $1.5M | $20.6M | $1 | — | View 990 |
| 2014 | $859K | $1.3M | $18.9M | $0 | — | View 990 |
| 2013 | $3.8M | $1.3M | $19.3M | $0 | — | View 990 |
| 2012 | $2.2M | $1.2M | $16.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $2.0M, and assets of $21.5M (revenue -73.4% year-over-year).
- 2023: Revenue of $5.7M, expenses of $2.0M, and assets of $21.9M (revenue +1143.9% year-over-year).
- 2022: Revenue of $462K, expenses of $1.5M, and assets of $18.1M (revenue +22.8% year-over-year).
- 2021: Revenue of $376K, expenses of $1.3M, and assets of $19.1M (revenue -89.5% year-over-year).
- 2020: Revenue of $3.6M, expenses of $1.7M, and assets of $20.1M (revenue +305.1% year-over-year).
- 2016: Revenue of $882K, expenses of $1.4M, and assets of $20.4M (revenue -75.7% year-over-year).
- 2015: Revenue of $3.6M, expenses of $1.5M, and assets of $20.6M (revenue +322.7% year-over-year).
- 2014: Revenue of $859K, expenses of $1.3M, and assets of $18.9M (revenue -77.3% year-over-year).
- 2013: Revenue of $3.8M, expenses of $1.3M, and assets of $19.3M (revenue +72.4% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.2M, and assets of $16.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harold P Farrington Trust Uw 325755:
Data Sources and Methodology
This transparency report for Harold P Farrington Trust Uw 325755 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.