Hayward Memorial Testamentary Trust
EIN: 466010897 · Sioux Falls, SD · NTEE: T90Z
| Metric | Value |
|---|---|
| Total Revenue | $453K |
| Total Expenses | $30K |
| Net Assets | $1.1M |
Is Hayward Memorial Testamentary Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hayward Memorial Testamentary Trust
Hayward Memorial Testamentary Trust (EIN: 466010897) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code T90Z. The organization reported total revenue of $453K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hayward Memorial Testamentary Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hayward Memorial Testamentary Trust is a small nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $30K |
| Surplus / Deficit | +$3K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 7.7% |
| Months of Reserves | 451.1 months |
Financial Health Grade: A
In 2023, Hayward Memorial Testamentary Trust reported a surplus of $3K with revenue exceeding expenses, holds 451.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hayward Memorial Testamentary Trust's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | -36.6% | +0.2% |
| 2022 | -67.8% | -12.4% | -1.2% |
| 2021 | +48.9% | -8.5% | +4.8% |
| 2020 | +60.5% | +29.4% | +1.1% |
| 2019 | -52.9% | -3.0% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hayward Memorial Testamentary 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 Hayward Memorial Testamentary 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Hayward Memorial Testamentary Trust
Is Hayward Memorial Testamentary Trust a legitimate charity?
Hayward Memorial Testamentary Trust (EIN: 466010897) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $453K. No red flags identified. Financial health grade: A.
How does Hayward Memorial Testamentary Trust spend its money?
Hayward Memorial Testamentary Trust reported $453K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hayward Memorial Testamentary Trust tax-deductible?
Hayward Memorial Testamentary Trust is registered as a tax-exempt nonprofit (EIN: 466010897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hayward Memorial Testamentary Trust located?
Hayward Memorial Testamentary Trust is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 466010897. It is classified under NTEE code T90Z.
How many years of IRS 990 filings does Hayward Memorial Testamentary Trust have?
Hayward Memorial Testamentary Trust has 13 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 $453K in total revenue.
Filing History
IRS 990 filing history for Hayward Memorial Testamentary Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hayward Memorial Testamentary Trust's revenue has grown by 3.4%, moving from $32K to $33K. Total assets increased by 21.2% over the same period, from $946K to $1.1M. Total functional expenses fell by 3.7%, from $32K to $30K. In its most recent filing year (2023), Hayward Memorial Testamentary Trust reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $30K | $1.1M | $0 | — | — |
| 2022 | $35K | $48K | $1.1M | $0 | — | View 990 |
| 2021 | $108K | $55K | $1.2M | $0 | — | — |
| 2020 | $72K | $60K | $1.1M | $0 | — | — |
| 2019 | $45K | $46K | $1.1M | $0 | — | View 990 |
| 2018 | $95K | $48K | $1.1M | $0 | — | View 990 |
| 2017 | $70K | $41K | $1.0M | $0 | — | View 990 |
| 2016 | $42K | $38K | $1.0M | $0 | — | View 990 |
| 2015 | $50K | $25K | $1.0M | $0 | — | View 990 |
| 2014 | $57K | $34K | $988K | $0 | — | View 990 |
| 2013 | $42K | $34K | $964K | $0 | — | View 990 |
| 2012 | $45K | $34K | $956K | $0 | — | View 990 |
| 2011 | $32K | $32K | $946K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $30K, and assets of $1.1M (revenue -4.4% year-over-year).
- 2022: Revenue of $35K, expenses of $48K, and assets of $1.1M (revenue -67.8% year-over-year).
- 2021: Revenue of $108K, expenses of $55K, and assets of $1.2M (revenue +48.9% year-over-year).
- 2020: Revenue of $72K, expenses of $60K, and assets of $1.1M (revenue +60.5% year-over-year).
- 2019: Revenue of $45K, expenses of $46K, and assets of $1.1M (revenue -52.9% year-over-year).
- 2018: Revenue of $95K, expenses of $48K, and assets of $1.1M (revenue +37.0% year-over-year).
- 2017: Revenue of $70K, expenses of $41K, and assets of $1.0M (revenue +64.0% year-over-year).
- 2016: Revenue of $42K, expenses of $38K, and assets of $1.0M (revenue -15.8% year-over-year).
- 2015: Revenue of $50K, expenses of $25K, and assets of $1.0M (revenue -12.0% year-over-year).
- 2014: Revenue of $57K, expenses of $34K, and assets of $988K (revenue +36.3% year-over-year).
- 2013: Revenue of $42K, expenses of $34K, and assets of $964K (revenue -5.7% year-over-year).
- 2012: Revenue of $45K, expenses of $34K, and assets of $956K (revenue +39.6% year-over-year).
- 2011: Revenue of $32K, expenses of $32K, and assets of $946K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hayward Memorial Testamentary Trust:
Data Sources and Methodology
This transparency report for Hayward Memorial Testamentary 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.