Helen A Pearson Charitable Tr
Helen A Pearson Charitable Tr's assets have significantly declined over the past decade due to expenses consistently exceeding revenue.
EIN: 206922789 · Omaha, NE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $340K |
| Total Expenses | $203K |
| Program Spending | 100% |
| Net Assets | $285K |
| Transparency Score | 65/100 |
Is Helen A Pearson Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helen A Pearson Charitable Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helen A Pearson Charitable Tr
Helen A Pearson Charitable Tr (EIN: 206922789) is a nonprofit organization based in Omaha, NE, classified under NTEE code T20. The organization reported total revenue of $340K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helen A Pearson Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helen A Pearson Charitable Tr is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -101.3% | +2.1% | -27.7% |
| 2021 | +272.0% | +2.3% | +6.1% |
| 2020 | +0.3% | +2.9% | -15.5% |
| 2019 | -4.2% | -6.2% | -34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Helen A Pearson Charitable Tr with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Helen A Pearson Charitable Tr allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the trust, which is highly efficient for an organization of its 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 Helen A Pearson Charitable Tr's IRS 990 filings:
- Consistent asset depletion over the past decade, from $1,395,872 in 2011 to $285,025 in 2023.
- Expenses consistently exceeding revenue in most recent years, including negative revenue in 2022 and 2023.
- Lack of clear revenue generation strategy to sustain operations long-term.
Strengths
The following positive indicators were identified for Helen A Pearson Charitable Tr:
- 0% executive compensation, indicating high efficiency in administrative costs.
- Consistent grant-making activity, fulfilling its charitable purpose.
- Clean balance sheet with consistently reported $1 in liabilities.
Frequently Asked Questions about Helen A Pearson Charitable Tr
Is Helen A Pearson Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Helen A Pearson Charitable Tr (EIN: 206922789) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Helen A Pearson Charitable Tr spend its money?
Helen A Pearson Charitable Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helen A Pearson Charitable Tr tax-deductible?
Helen A Pearson Charitable Tr is registered as a tax-exempt nonprofit (EIN: 206922789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Helen A Pearson Charitable Tr compare to similar nonprofits?
With a transparency score of 65/100 (Good), Helen A Pearson Charitable Tr is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helen A Pearson Charitable Tr located?
Helen A Pearson Charitable Tr is headquartered in Omaha, Nebraska and files with the IRS under EIN 206922789. It is classified under NTEE code T20.
How many years of IRS 990 filings does Helen A Pearson Charitable Tr have?
Helen A Pearson Charitable 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 $340K in total revenue.
Is Helen A Pearson Charitable Tr a good charity?
As a grant-making trust with 0% executive compensation and consistent program spending, it is efficient in its operations. However, its long-term financial sustainability is a concern due to consistent asset depletion, with assets decreasing from $1,395,872 in 2011 to $285,025 in 2023.
Why is the revenue negative in recent years?
The negative revenue reported in 2022 ($-3,055) and 2023 ($-24,652) could indicate investment losses or significant returns of contributions, which warrants further investigation into the specific line items on the 990 forms.
What is the primary use of the trust's funds?
Given the NTEE code T20 (Private Grantmaking Foundations) and the 0% officer compensation, the primary use of funds is likely direct grants or charitable distributions, making up 100% of its expenses.
How long can the trust continue operating at its current spending rate?
With expenses of $202,501 in 2023 and assets of $285,025, the trust has less than two years of operating capital if it continues to spend at this rate without significant new revenue or asset growth.
Filing History
IRS 990 filing history for Helen A Pearson Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Helen A Pearson Charitable Tr's revenue has declined by 142.3%, moving from $58K to $-24,652. Total assets decreased by 79.6% over the same period, from $1.4M to $285K. Total functional expenses rose by 84.3%, from $110K to $203K. The organization holds $1 in liabilities against $285K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $285K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-24,652 | $203K | $285K | $1 | — | — |
| 2022 | $-3,055 | $192K | $510K | $1 | — | View 990 |
| 2021 | $228K | $188K | $705K | $1 | — | — |
| 2020 | $61K | $184K | $664K | $1 | — | — |
| 2019 | $61K | $178K | $787K | $1 | — | View 990 |
| 2015 | $64K | $190K | $1.2M | $1 | — | View 990 |
| 2014 | $201K | $190K | $1.3M | $1 | — | View 990 |
| 2013 | $142K | $175K | $1.3M | $1 | — | View 990 |
| 2012 | $69K | $120K | $1.3M | $1 | — | View 990 |
| 2011 | $58K | $110K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-24,652, expenses of $203K, and assets of $285K.
- 2022: Revenue of $-3,055, expenses of $192K, and assets of $510K (revenue -101.3% year-over-year).
- 2021: Revenue of $228K, expenses of $188K, and assets of $705K (revenue +272.0% year-over-year).
- 2020: Revenue of $61K, expenses of $184K, and assets of $664K (revenue +0.3% year-over-year).
- 2019: Revenue of $61K, expenses of $178K, and assets of $787K (revenue -4.2% year-over-year).
- 2015: Revenue of $64K, expenses of $190K, and assets of $1.2M (revenue -68.2% year-over-year).
- 2014: Revenue of $201K, expenses of $190K, and assets of $1.3M (revenue +41.3% year-over-year).
- 2013: Revenue of $142K, expenses of $175K, and assets of $1.3M (revenue +104.9% year-over-year).
- 2012: Revenue of $69K, expenses of $120K, and assets of $1.3M (revenue +19.1% year-over-year).
- 2011: Revenue of $58K, expenses of $110K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helen A Pearson Charitable Tr:
Data Sources and Methodology
This transparency report for Helen A Pearson Charitable 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.