Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc
Educational Trust Shows Inconsistent Revenue and Recurring Liabilities, No Officer Compensation Reported.
EIN: 201811497 · Nashville, TN · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $626K |
| Total Expenses | $70K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $678K |
| Transparency Score | 75/100 |
Is Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc (EIN: 201811497) is a nonprofit organization based in Nashville, TN, classified under NTEE code B11. The organization reported total revenue of $626K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $70K |
| Surplus / Deficit | $-22,057 |
| Total Assets | $1.4M |
| Total Liabilities | $746K |
| Net Assets | $678K |
| Operating Margin | -46.3% |
| Debt-to-Asset Ratio | 52.4% |
| Months of Reserves | 245.0 months |
Financial Health Grade: C
In 2023, Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc reported a deficit of $22K with expenses exceeding revenue, holds 245.0 months of operating reserves (strong position), has a debt-to-asset ratio of 52.4% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.3% | +8.2% | -5.9% |
| 2022 | +9.0% | -43.1% | -45.5% |
| 2021 | +46.4% | -41.8% | -0.3% |
| 2020 | +233.7% | +184.2% | +35.8% |
| 2019 | -1.0% | -6.0% | +55.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for a nonprofit of its size with assets over $1.4 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 Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc's IRS 990 filings:
- Inconsistent revenue generation with recurring deficits in several years (e.g., 2023, 2020, 2019)
- Significant and fluctuating liabilities relative to assets, without clear explanation of their nature.
Strengths
The following positive indicators were identified for Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for executive salaries.
- Long history of IRS 990 filings (13 filings), demonstrating regulatory compliance.
- Maintains a substantial asset base (over $1.4 million in 2023) to support its mission.
Frequently Asked Questions about Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc
Is Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc a legitimate charity?
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc (EIN: 201811497) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $626K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc spend its money?
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc tax-deductible?
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc is registered as a tax-exempt nonprofit (EIN: 201811497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc CEO make?
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc's highest-compensated officer earns $1.4 annually. The organization reported $626K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc's spending goes to programs?
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc located?
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 201811497. It is classified under NTEE code B11.
How many years of IRS 990 filings does Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc have?
Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc 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 $626K in total revenue.
Is Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc a good charity?
Based on the available data, the trust demonstrates good financial stewardship by not paying officer compensation. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a full assessment of its effectiveness as a charity is limited. Its consistent deficits in some years (e.g., $47,658 revenue vs. $69,715 expenses in 2023) suggest it may be drawing from its asset base or prior surpluses.
What are the significant liabilities reported by the trust?
The trust consistently reports significant liabilities, such as $745,628 in 2023 and $1,353,162 in 2021. The nature of these liabilities is not detailed in the provided data, but they represent a substantial portion of the organization's assets and warrant further investigation to understand their impact on financial stability.
How has the trust's asset base changed over time?
The trust's assets have fluctuated, reaching a high of $2,786,248 in 2020 and decreasing to $1,423,162 in 2023. This change could be due to investment performance, distributions, or other financial activities.
Filing History
IRS 990 filing history for Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc showing financial trends over 13 years of public records:
Total assets increased by 248% over the same period, from $409K to $1.4M. Total functional expenses rose by 118.3%, from $32K to $70K. In its most recent filing year (2023), Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $746K in liabilities against $1.4M in assets (debt-to-asset ratio: 52.4%), resulting in net assets of $678K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $70K | $1.4M | $746K | — | — |
| 2022 | $150K | $64K | $1.5M | $657K | — | View 990 |
| 2021 | $138K | $113K | $2.8M | $1.4M | — | View 990 |
| 2020 | $94K | $195K | $2.8M | $1.5M | — | View 990 |
| 2019 | $28K | $68K | $2.1M | $1.1M | — | View 990 |
| 2018 | $29K | $73K | $1.3M | $690K | — | View 990 |
| 2017 | $111K | $55K | $1.5M | $764K | — | View 990 |
| 2016 | $52K | $48K | $1.4M | $771K | — | View 990 |
| 2015 | $67K | $62K | $1.5M | $777K | — | View 990 |
| 2014 | $30K | $70K | $1.7M | $917K | — | View 990 |
| 2013 | $-32,266 | $48K | $1.5M | $682K | — | View 990 |
| 2012 | $360K | $32K | $838K | $316K | — | View 990 |
| 2011 | $-34,268 | $32K | $409K | $216K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $70K, and assets of $1.4M (revenue -68.3% year-over-year).
- 2022: Revenue of $150K, expenses of $64K, and assets of $1.5M (revenue +9.0% year-over-year).
- 2021: Revenue of $138K, expenses of $113K, and assets of $2.8M (revenue +46.4% year-over-year).
- 2020: Revenue of $94K, expenses of $195K, and assets of $2.8M (revenue +233.7% year-over-year).
- 2019: Revenue of $28K, expenses of $68K, and assets of $2.1M (revenue -1.0% year-over-year).
- 2018: Revenue of $29K, expenses of $73K, and assets of $1.3M (revenue -74.3% year-over-year).
- 2017: Revenue of $111K, expenses of $55K, and assets of $1.5M (revenue +112.4% year-over-year).
- 2016: Revenue of $52K, expenses of $48K, and assets of $1.4M (revenue -22.5% year-over-year).
- 2015: Revenue of $67K, expenses of $62K, and assets of $1.5M (revenue +121.5% year-over-year).
- 2014: Revenue of $30K, expenses of $70K, and assets of $1.7M.
- 2013: Revenue of $-32,266, expenses of $48K, and assets of $1.5M (revenue -109.0% year-over-year).
- 2012: Revenue of $360K, expenses of $32K, and assets of $838K.
- 2011: Revenue of $-34,268, expenses of $32K, and assets of $409K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc:
Data Sources and Methodology
This transparency report for Henry E And Nancy Bartels Trust Fbo The Chi Psi Educ Trust Inc 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.