Henry W Buresh Tr Paragraph 3

Henry W Buresh Tr Paragraph 3 consistently spends more than its annual revenue, drawing down its asset base over time.

EIN: 207196198 · Charles City, IA · Updated: 2026-03-28

$59KRevenue

$1.2MAssets

70/100Mission Score (Good)

About Henry W Buresh Tr Paragraph 3

Henry W Buresh Tr Paragraph 3 (EIN: 207196198) is a nonprofit organization based in Charles City, IA. The organization reported total revenue of $59K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry W Buresh Tr Paragraph 3's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Henry W Buresh Tr Paragraph 3 appears to be a grant-making organization, given its consistent revenue and asset levels, and the absence of officer compensation. The organization consistently spends more than its annual revenue, drawing down its assets over time. For example, in the 202408 period, revenue was $55,713 while expenses were $154,656, leading to a significant deficit. This trend is visible across multiple years, indicating a strategy of distributing more than it earns annually, likely from its endowment. 

While the organization's financial health is stable in terms of assets, the consistent deficit spending suggests a planned depletion of capital or a reliance on investment returns that are not fully covering distributions. The lack of officer compensation is a positive indicator of efficiency, as is the minimal liability. However, without a detailed breakdown of expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency. The organization's transparency could be improved by providing more granular expense details in its public filings.

Overall, the organization seems to be fulfilling its purpose by distributing funds, but the long-term sustainability of its current spending model, given the declining asset base from $1,714,682 in 2011 to $1,389,725 in 2024, warrants closer observation. The consistent liabilities of $1 in recent years are unusual and might indicate a minor accounting practice rather than a significant financial obligation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Henry W Buresh Tr Paragraph 3 with a Mission Score of 70 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Henry W Buresh Tr Paragraph 3 allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating a volunteer-led or externally managed structure, which is highly efficient for an organization of its size with assets exceeding $1 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 W Buresh Tr Paragraph 3's IRS 990 filings:

Consistent deficit spending, with expenses significantly exceeding revenue (e.g., $154,656 expenses vs. $55,713 revenue in 202408).
Declining asset base over time, from $1,714,682 in 2011 to $1,389,725 in 2024, indicating a draw-down of capital.
Lack of detailed expense breakdown (program, administrative, fundraising) in the provided data, hindering full efficiency assessment.

Strengths

The following positive indicators were identified for Henry W Buresh Tr Paragraph 3:

Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
Minimal liabilities, consistently reported as $0 or $1, suggesting strong financial management of obligations.
Significant asset base (over $1.2 million) provides a stable foundation for its grant-making activities.

Frequently Asked Questions about Henry W Buresh Tr Paragraph 3

What is the specific purpose of Henry W Buresh Tr Paragraph 3?

Based on the financial data, Henry W Buresh Tr Paragraph 3 appears to be a grant-making trust, distributing funds annually. However, the specific mission or beneficiaries are not detailed in the provided financial summary.

Is the organization's spending sustainable in the long term?

The organization consistently spends more than its revenue, leading to a decline in assets from $1,714,682 in 2011 to $1,389,725 in 2024. This trend suggests that the current spending level is not sustainable indefinitely without additional revenue or a change in investment strategy.

Why are liabilities consistently reported as $1 in recent years?

The consistent reporting of $1 in liabilities (e.g., 202408, 202308, 202208) is unusual and might represent a nominal placeholder or a minor, recurring accounting entry rather than a significant financial obligation. Further detail from the full 990 filing would be needed to understand this.

Filing History

IRS 990 filing history for Henry W Buresh Tr Paragraph 3 showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2024), Henry W Buresh Tr Paragraph 3's revenue has declined by 7.7%, moving from $60K to $56K. Total assets decreased by 19% over the same period, from $1.7M to $1.4M. Total functional expenses rose by 55.2%, from $100K to $155K. In its most recent filing year (2024), Henry W Buresh Tr Paragraph 3 reported a deficit of $99K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$56K	$155K	$1.4M	$1	—	—
2023	$55K	$142K	$1.4M	$1	—	View 990
2022	$57K	$67K	$1.5M	$1	—	—
2019	$44K	$109K	$1.4M	$0	—	View 990
2015	$56K	$78K	$1.8M	$0	—	View 990
2014	$49K	$93K	$1.7M	$0	—	View 990
2013	$53K	$86K	$1.6M	$0	—	View 990
2012	$59K	$96K	$1.7M	$0	—	View 990
2011	$60K	$100K	$1.7M	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $56K, expenses of $155K, and assets of $1.4M (revenue +1.6% year-over-year).
2023: Revenue of $55K, expenses of $142K, and assets of $1.4M (revenue -4.4% year-over-year).
2022: Revenue of $57K, expenses of $67K, and assets of $1.5M (revenue +30.9% year-over-year).
2019: Revenue of $44K, expenses of $109K, and assets of $1.4M (revenue -21.6% year-over-year).
2015: Revenue of $56K, expenses of $78K, and assets of $1.8M (revenue +13.9% year-over-year).
2014: Revenue of $49K, expenses of $93K, and assets of $1.7M (revenue -6.9% year-over-year).
2013: Revenue of $53K, expenses of $86K, and assets of $1.6M (revenue -10.0% year-over-year).
2012: Revenue of $59K, expenses of $96K, and assets of $1.7M (revenue -3.0% year-over-year).
2011: Revenue of $60K, expenses of $100K, and assets of $1.7M.

Data Sources and Methodology

This transparency report for Henry W Buresh Tr Paragraph 3 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.