Herdrich 1985 Charitable Trust
Herdrich 1985 Charitable Trust shows significant financial volatility, with a recent report of zero revenue and assets after a large revenue spike in 2015.
EIN: 136855419 · Bloomington, IN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $446K |
| Program Spending | 90% |
| Net Assets | $4.1M |
| Transparency Score | 70/100 |
Is Herdrich 1985 Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Herdrich 1985 Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Herdrich 1985 Charitable Trust
Herdrich 1985 Charitable Trust (EIN: 136855419) is a nonprofit organization based in Bloomington, IN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herdrich 1985 Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Herdrich 1985 Charitable Trust is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 107.9%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $446K |
| Surplus / Deficit | +$5.2M |
| Total Assets | $4.1M |
| Net Assets | $4.1M |
| Operating Margin | 92.1% |
| Months of Reserves | 109.8 months |
Financial Health Grade: A
In 2015, Herdrich 1985 Charitable Trust reported a surplus of $5.2M with revenue exceeding expenses, holds 109.8 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Herdrich 1985 Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 107.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +3494.4% | -20.3% | +261.5% |
| 2014 | +67.1% | +32.2% | -26.3% |
| 2013 | -77.7% | -27.6% | -16.4% |
| 2012 | +39.4% | +0.5% | -8.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Herdrich 1985 Charitable Trust 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, Herdrich 1985 Charitable Trust 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.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.2M, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating no direct salary or benefits are paid to its officers, which is highly favorable for donor perception.
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 Herdrich 1985 Charitable Trust's IRS 990 filings:
- Extreme volatility in revenue and assets over the past five years, culminating in $0 in the latest filing.
- Lack of an NTEE code, making it difficult to understand the organization's specific mission area.
- Unclear operational status given the latest financial report of zero activity.
Strengths
The following positive indicators were identified for Herdrich 1985 Charitable Trust:
- Consistently reports 0% officer compensation, indicating no executive salaries.
- No reported liabilities across all filing periods, suggesting sound financial management regarding debt.
- Significant assets and revenue reported in 2015 ($4,085,457 in assets, $5,634,075 in revenue) demonstrate capacity for substantial charitable activity at one point.
Frequently Asked Questions about Herdrich 1985 Charitable Trust
Is Herdrich 1985 Charitable Trust a legitimate charity?
Herdrich 1985 Charitable Trust (EIN: 136855419) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 70/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Herdrich 1985 Charitable Trust spend its money?
Herdrich 1985 Charitable Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Herdrich 1985 Charitable Trust tax-deductible?
Herdrich 1985 Charitable Trust is registered as a tax-exempt nonprofit (EIN: 136855419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Herdrich 1985 Charitable Trust located?
Herdrich 1985 Charitable Trust is headquartered in Bloomington, Indiana and files with the IRS under EIN 136855419.
How many years of IRS 990 filings does Herdrich 1985 Charitable Trust have?
Herdrich 1985 Charitable Trust has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the significant revenue spike in 2015 ($5,634,075) and the subsequent decline to $0 in the latest period?
The provided data does not specify the source of the 2015 revenue or the reasons for the subsequent decline. This could indicate a large one-time donation, a significant investment gain, or a change in the trust's distribution strategy.
Is the Herdrich 1985 Charitable Trust still actively operating, given the latest report of $0 revenue and assets?
The latest filing showing $0 revenue and assets suggests the trust may be inactive, fully disbursed, or in the process of dissolution. Further investigation into its current status would be necessary.
What are the specific program activities or beneficiaries of the trust?
The provided data does not include an NTEE code or a description of the trust's specific program activities or beneficiaries, making it difficult to assess its direct impact.
Filing History
IRS 990 filing history for Herdrich 1985 Charitable Trust showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Herdrich 1985 Charitable Trust's revenue has grown by 1767%, moving from $302K to $5.6M. Total assets increased by 104.8% over the same period, from $2.0M to $4.1M. Total functional expenses fell by 23.4%, from $582K to $446K. In its most recent filing year (2015), Herdrich 1985 Charitable Trust reported a surplus of $5.2M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $5.6M | $446K | $4.1M | $0 | — | View 990 |
| 2014 | $157K | $560K | $1.1M | $0 | — | View 990 |
| 2013 | $94K | $424K | $1.5M | $0 | — | View 990 |
| 2012 | $421K | $585K | $1.8M | $0 | — | View 990 |
| 2011 | $302K | $582K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $5.6M, expenses of $446K, and assets of $4.1M (revenue +3494.4% year-over-year).
- 2014: Revenue of $157K, expenses of $560K, and assets of $1.1M (revenue +67.1% year-over-year).
- 2013: Revenue of $94K, expenses of $424K, and assets of $1.5M (revenue -77.7% year-over-year).
- 2012: Revenue of $421K, expenses of $585K, and assets of $1.8M (revenue +39.4% year-over-year).
- 2011: Revenue of $302K, expenses of $582K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Herdrich 1985 Charitable Trust:
Data Sources and Methodology
This transparency report for Herdrich 1985 Charitable 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.