Heisman Trophy Tr
Heisman Trophy Trust shows strong financial growth and zero officer compensation over a decade.
EIN: 137052079 · New York, NY · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.2M |
| Total Expenses | $6.1M |
| Program Spending | 85% |
| Net Assets | $49.5M |
| Transparency Score | 90/100 |
Is Heisman Trophy Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heisman Trophy Tr directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heisman Trophy Tr
Heisman Trophy Tr (EIN: 137052079) is a nonprofit organization based in New York, NY, classified under NTEE code B99. The organization reported total revenue of $20.2M and total assets of $54.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heisman Trophy Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heisman Trophy Tr is a large 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 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.2M |
| Total Expenses | $6.1M |
| Surplus / Deficit | +$4.1M |
| Total Assets | $50.2M |
| Total Liabilities | $727K |
| Net Assets | $49.5M |
| Operating Margin | 40.4% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 99.0 months |
Financial Health Grade: A
In 2023, Heisman Trophy Tr reported a surplus of $4.1M with revenue exceeding expenses, holds 99.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Heisman Trophy Tr's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | +9.9% | +10.2% |
| 2022 | +22.4% | +38.8% | +14.5% |
| 2021 | +26.6% | -6.0% | +15.6% |
| 2020 | +7.2% | -0.7% | +8.2% |
| 2019 | +1.5% | +39.4% | +63.6% |
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 Heisman Trophy Tr with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Heisman Trophy Tr allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $4.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size and revenue, suggesting a strong commitment to directing funds to its mission.
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 Heisman Trophy Tr's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Heisman Trophy Tr:
- Consistent and significant revenue growth, from $3.2M in 2011 to $20.2M currently.
- Substantial asset accumulation, growing from $9.7M in 2011 to $54.2M currently.
- Zero officer compensation reported across all filings, indicating strong financial stewardship.
- Healthy surplus generation, with revenues consistently exceeding expenses (e.g., $10.2M revenue vs $6.0M expenses in 202310).
- Low liabilities relative to assets, indicating strong financial stability (e.g., $726,676 liabilities vs $50,198,057 assets in 202310).
Frequently Asked Questions about Heisman Trophy Tr
Is Heisman Trophy Tr a legitimate charity?
Heisman Trophy Tr (EIN: 137052079) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $20.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Heisman Trophy Tr spend its money?
Heisman Trophy Tr directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heisman Trophy Tr tax-deductible?
Heisman Trophy Tr is registered as a tax-exempt nonprofit (EIN: 137052079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Heisman Trophy Tr's spending goes to programs?
Heisman Trophy Tr directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heisman Trophy Tr compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Heisman Trophy Tr is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heisman Trophy Tr located?
Heisman Trophy Tr is headquartered in New York, New York and files with the IRS under EIN 137052079. It is classified under NTEE code B99.
How many years of IRS 990 filings does Heisman Trophy Tr have?
Heisman Trophy Tr 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 $20.2M in total revenue.
Is Heisman Trophy Tr a good charity?
Based on the provided financial data, Heisman Trophy Tr appears to be a financially healthy and well-managed organization. It has shown consistent revenue and asset growth, maintains low liabilities, and reports 0% officer compensation, all of which are strong indicators of good financial stewardship.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue grew from $3,245,665 in 2011 to $20,219,889 currently, and assets increased from $9,765,807 to $54,218,150 in the same period, demonstrating substantial growth and stability.
What is the organization's approach to executive compensation?
The Heisman Trophy Trust reports 0% officer compensation in all available filings, indicating that no officers received salaries or other compensation from the organization. This suggests a highly conservative approach to executive pay, prioritizing other expenditures.
Filing History
IRS 990 filing history for Heisman Trophy Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Heisman Trophy Tr's revenue has grown by 214.7%, moving from $3.2M to $10.2M. Total assets increased by 414% over the same period, from $9.8M to $50.2M. Total functional expenses rose by 152.3%, from $2.4M to $6.1M. In its most recent filing year (2023), Heisman Trophy Tr reported a surplus of $4.1M, with revenue exceeding expenses. The organization holds $727K in liabilities against $50.2M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $49.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.2M | $6.1M | $50.2M | $727K | — | — |
| 2022 | $11.1M | $5.5M | $45.6M | $761K | — | View 990 |
| 2021 | $9.1M | $4.0M | $39.8M | $706K | — | View 990 |
| 2020 | $7.2M | $4.2M | $34.4M | $427K | — | — |
| 2019 | $6.7M | $4.3M | $31.8M | $756K | — | — |
| 2015 | $6.6M | $3.1M | $19.4M | $490K | — | View 990 |
| 2014 | $5.6M | $3.0M | $16.1M | $679K | — | View 990 |
| 2013 | $4.9M | $2.9M | $13.6M | $854K | — | View 990 |
| 2012 | $4.5M | $2.5M | $11.4M | $667K | — | View 990 |
| 2011 | $3.2M | $2.4M | $9.8M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.2M, expenses of $6.1M, and assets of $50.2M (revenue -8.2% year-over-year).
- 2022: Revenue of $11.1M, expenses of $5.5M, and assets of $45.6M (revenue +22.4% year-over-year).
- 2021: Revenue of $9.1M, expenses of $4.0M, and assets of $39.8M (revenue +26.6% year-over-year).
- 2020: Revenue of $7.2M, expenses of $4.2M, and assets of $34.4M (revenue +7.2% year-over-year).
- 2019: Revenue of $6.7M, expenses of $4.3M, and assets of $31.8M (revenue +1.5% year-over-year).
- 2015: Revenue of $6.6M, expenses of $3.1M, and assets of $19.4M (revenue +17.3% year-over-year).
- 2014: Revenue of $5.6M, expenses of $3.0M, and assets of $16.1M (revenue +14.3% year-over-year).
- 2013: Revenue of $4.9M, expenses of $2.9M, and assets of $13.6M (revenue +9.0% year-over-year).
- 2012: Revenue of $4.5M, expenses of $2.5M, and assets of $11.4M (revenue +39.2% year-over-year).
- 2011: Revenue of $3.2M, expenses of $2.4M, and assets of $9.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heisman Trophy Tr:
Data Sources and Methodology
This transparency report for Heisman Trophy Tr 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.