Hattie A & Fred C Lynam Trust 64
Hattie A & Fred C Lynam Trust 64 consistently distributes funds with zero officer compensation and stable asset growth.
EIN: 10222218 · Concord, NH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $320K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.8M |
| Transparency Score | 95/100 |
Is Hattie A & Fred C Lynam Trust 64 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hattie A & Fred C Lynam Trust 64 directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hattie A & Fred C Lynam Trust 64
Hattie A & Fred C Lynam Trust 64 (EIN: 10222218) is a nonprofit organization based in Concord, NH, classified under NTEE code T22. The organization reported total revenue of $1.5M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hattie A & Fred C Lynam Trust 64's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hattie A & Fred C Lynam Trust 64 is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $333K |
| Total Expenses | $320K |
| Surplus / Deficit | +$13K |
| Total Assets | $4.8M |
| Total Liabilities | $1 |
| Net Assets | $4.8M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 179.6 months |
Financial Health Grade: A
In 2023, Hattie A & Fred C Lynam Trust 64 reported a surplus of $13K with revenue exceeding expenses, holds 179.6 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), Hattie A & Fred C Lynam Trust 64's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.9% | +0.7% | +0.4% |
| 2022 | -55.7% | -6.7% | -2.3% |
| 2021 | -5.1% | +8.0% | +3.6% |
| 2020 | +49.6% | +1.7% | +5.0% |
| 2019 | +36.1% | -11.2% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Hattie A & Fred C Lynam Trust 64 with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Hattie A & Fred C Lynam Trust 64 allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the trust operates without paid officers or that these services are provided pro bono or by an external entity not directly compensated by the trust. This is highly efficient for an organization of its size with assets over $4 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 Hattie A & Fred C Lynam Trust 64's IRS 990 filings:
- None identified based on the provided financial data.
Strengths
The following positive indicators were identified for Hattie A & Fred C Lynam Trust 64:
- Consistent 0% officer compensation, indicating extremely low administrative overhead.
- Stable and growing asset base, demonstrating strong financial health (e.g., $4,491,803 in 2019 to $4,792,572 in 2023).
- Minimal liabilities ($0-$1 across all filings), showing no reliance on debt.
- Consistent distribution of funds as a private grantmaking foundation (NTEE T22).
- Positive revenue trends in some years, contributing to asset growth (e.g., $518,134 in 2021).
Frequently Asked Questions about Hattie A & Fred C Lynam Trust 64
Is Hattie A & Fred C Lynam Trust 64 a legitimate charity?
Based on AI analysis of IRS 990 filings, Hattie A & Fred C Lynam Trust 64 (EIN: 10222218) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Hattie A & Fred C Lynam Trust 64 spend its money?
Hattie A & Fred C Lynam Trust 64 directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hattie A & Fred C Lynam Trust 64 tax-deductible?
Hattie A & Fred C Lynam Trust 64 is registered as a tax-exempt nonprofit (EIN: 10222218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hattie A & Fred C Lynam Trust 64 CEO make?
Hattie A & Fred C Lynam Trust 64's highest-compensated officer earns $4 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Hattie A & Fred C Lynam Trust 64 compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Hattie A & Fred C Lynam Trust 64 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 Hattie A & Fred C Lynam Trust 64 located?
Hattie A & Fred C Lynam Trust 64 is headquartered in Concord, New Hampshire and files with the IRS under EIN 10222218. It is classified under NTEE code T22.
How many years of IRS 990 filings does Hattie A & Fred C Lynam Trust 64 have?
Hattie A & Fred C Lynam Trust 64 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 $1.5M in total revenue.
Is Hattie A & Fred C Lynam Trust 64 a good charity?
Based on the available IRS 990 data, Hattie A & Fred C Lynam Trust 64 appears to be a very effective and efficient private grantmaking foundation. It consistently distributes funds, maintains a healthy asset base, and reports 0% officer compensation, meaning virtually all expenses go towards its mission.
How does the trust manage its administrative costs?
The trust manages its administrative costs exceptionally well, as evidenced by the consistent 0% officer compensation. This suggests that administrative functions are either handled by unpaid individuals, volunteers, or are outsourced in a way that doesn't involve direct officer salaries from the trust's funds, leading to very low overhead.
What is the trend in the trust's assets?
The trust's assets have shown a positive trend, growing from $4,491,803 in 2019 to $4,792,572 in 2023, and reaching a high of $5,077,748 in the latest reported period. This indicates sound financial management and growth of its endowment.
Filing History
IRS 990 filing history for Hattie A & Fred C Lynam Trust 64 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hattie A & Fred C Lynam Trust 64's revenue has grown by 30.4%, moving from $255K to $333K. Total assets increased by 8.1% over the same period, from $4.4M to $4.8M. Total functional expenses rose by 8.3%, from $296K to $320K. In its most recent filing year (2023), Hattie A & Fred C Lynam Trust 64 reported a surplus of $13K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $333K | $320K | $4.8M | $1 | — | View 990 |
| 2022 | $230K | $318K | $4.8M | $1 | — | View 990 |
| 2021 | $518K | $341K | $4.9M | $1 | — | — |
| 2020 | $546K | $315K | $4.7M | $1 | — | View 990 |
| 2019 | $365K | $310K | $4.5M | $0 | — | View 990 |
| 2015 | $268K | $349K | $4.5M | $0 | — | View 990 |
| 2014 | $487K | $321K | $4.6M | $0 | — | View 990 |
| 2013 | $394K | $313K | $4.4M | $0 | — | View 990 |
| 2012 | $189K | $322K | $4.3M | $0 | — | View 990 |
| 2011 | $255K | $296K | $4.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $333K, expenses of $320K, and assets of $4.8M (revenue +44.9% year-over-year).
- 2022: Revenue of $230K, expenses of $318K, and assets of $4.8M (revenue -55.7% year-over-year).
- 2021: Revenue of $518K, expenses of $341K, and assets of $4.9M (revenue -5.1% year-over-year).
- 2020: Revenue of $546K, expenses of $315K, and assets of $4.7M (revenue +49.6% year-over-year).
- 2019: Revenue of $365K, expenses of $310K, and assets of $4.5M (revenue +36.1% year-over-year).
- 2015: Revenue of $268K, expenses of $349K, and assets of $4.5M (revenue -45.0% year-over-year).
- 2014: Revenue of $487K, expenses of $321K, and assets of $4.6M (revenue +23.5% year-over-year).
- 2013: Revenue of $394K, expenses of $313K, and assets of $4.4M (revenue +108.5% year-over-year).
- 2012: Revenue of $189K, expenses of $322K, and assets of $4.3M (revenue -25.9% year-over-year).
- 2011: Revenue of $255K, expenses of $296K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hattie A & Fred C Lynam Trust 64:
Data Sources and Methodology
This transparency report for Hattie A & Fred C Lynam Trust 64 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.