Hollow Metal Trust Fund

Hollow Metal Trust Fund shows consistent revenue but recent operating deficits, maintaining substantial assets with no reported officer compensation.

EIN: 112750720 · New York, NY · NTEE: T90Z · Updated: 2026-03-28

$41.3MRevenue
$10.2MGross Revenue
$36.4MAssets
70/100Mission Score (Good)
T90Z

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Hollow Metal Trust Fund Financial Summary
MetricValue
Total Revenue$41.3M
Total Expenses$10.2M
Program Spending80%
CEO/Top Officer Pay$10
Net Assets$35.4M
Transparency Score70/100

Search Intent Cockpit

Hollow Metal Trust Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hollow Metal Trust Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hollow Metal Trust Fund in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $8.5M and expenses of $10.2M.

Revenue and Expenses

Hollow Metal Trust Fund reported $8.5M in revenue and $10.2M in expenses, a deficit of $1.7M.

Executive Compensation

Top officer compensation appears as $10 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Hollow Metal Trust Fund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hollow Metal Trust Fund Expense Deployment
Program services$8.2M (80%)

Across stored filings, Hollow Metal Trust Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Hollow Metal Trust Fund Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Philanthropy context

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Hollow Metal Trust Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hollow Metal Trust Fund

Hollow Metal Trust Fund (EIN: 112750720) is a nonprofit organization based in New York, NY, classified under NTEE code T90Z. The organization reported total revenue of $41.3M and total assets of $36.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hollow Metal Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

38Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Hollow Metal Trust Fund is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$8.5M
Total Expenses$10.2M
Surplus / Deficit$-1,683,076
Total Assets$35.9M
Total Liabilities$520K
Net Assets$35.4M
Operating Margin-19.8%
Debt-to-Asset Ratio1.4%
Months of Reserves42.3 months

Financial Health Grade: B

In 2023, Hollow Metal Trust Fund reported a deficit of $1.7M with expenses exceeding revenue, holds 42.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hollow Metal Trust Fund's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-3.2%-1.1%-0.7%
2022-30.5%-22.8%-5.5%
2021+37.6%+39.1%-4.9%
2020-17.8%+5.7%+1.1%
2019+10.1%-5.3%+11.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1988

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hollow Metal Trust Fund demonstrates consistent financial activity, with annual revenues and expenses generally in the range of $8.5 million to $13.3 million over the past decade. The organization's assets have remained substantial, fluctuating around $35 million to $40 million, indicating a stable financial base. However, the most recent filings (2022 and 2023) show expenses exceeding revenue, with a deficit of approximately $1.68 million in 2023 and $1.51 million in 2022. This trend of spending more than it earns, if continued, could impact long-term financial health. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on Part VII of the 990. Further investigation into the detailed expense breakdown within the 990s would be necessary to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising efforts, as this information is not provided in the summary data. Overall, while the organization maintains a strong asset base and consistent reporting, the recent trend of operating deficits warrants attention. The absence of reported officer compensation is a significant point for transparency, potentially indicating a highly efficient or uniquely structured leadership, but also raising questions about how leadership is compensated if not through traditional officer salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hollow Metal Trust Fund 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Hollow Metal Trust Fund 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:

$8.5MTotal Revenue
$10.2MTotal Expenses
$35.9MTotal Assets
$520KTotal Liabilities
$35.4MNet Assets
  • The organization reported a deficit of $1.7M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.4%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual expenses exceeding $10 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the 990, warranting further scrutiny.

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 Hollow Metal Trust Fund's IRS 990 filings:

  • Consistent operating deficits in recent years (2022 and 2023), where expenses exceeded revenue by over $1.5 million annually.
  • Unusually low (0%) reported officer compensation for an organization with over $10 million in annual expenses, which may obscure true leadership costs or indicate an unusual operational structure.

Strengths

The following positive indicators were identified for Hollow Metal Trust Fund:

  • Strong and stable asset base, consistently above $35 million, providing financial resilience.
  • Long history of consistent IRS 990 filings (13 filings), indicating a commitment to regulatory compliance and transparency.
  • Consistent revenue generation, typically in the $8.5 million to $12 million range annually, demonstrating a stable funding stream.

Frequently Asked Questions about Hollow Metal Trust Fund

Is Hollow Metal Trust Fund a legitimate charity?

Hollow Metal Trust Fund (EIN: 112750720) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $41.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Hollow Metal Trust Fund spend its money?

Hollow Metal Trust Fund directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Hollow Metal Trust Fund tax-deductible?

Hollow Metal Trust Fund is registered as a tax-exempt nonprofit (EIN: 112750720). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hollow Metal Trust Fund CEO make?

Hollow Metal Trust Fund's highest-compensated officer earns $10 annually. The organization reported $41.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Hollow Metal Trust Fund's spending goes to programs?

Hollow Metal Trust Fund directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hollow Metal Trust Fund compare to similar nonprofits?

With a transparency score of 70/100 (Good), Hollow Metal Trust Fund is above average for NTEE category T90Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hollow Metal Trust Fund located?

Hollow Metal Trust Fund is headquartered in New York, New York and files with the IRS under EIN 112750720. It is classified under NTEE code T90Z.

How many years of IRS 990 filings does Hollow Metal Trust Fund have?

Hollow Metal Trust Fund 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 $41.3M in total revenue.

Why does Hollow Metal Trust Fund consistently report 0% officer compensation?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size. It could indicate a volunteer-led executive team, or that compensation for leadership is reported under other expense categories, or paid through a related entity. A deeper dive into the full 990 forms, particularly Part VII and Schedule J, would be needed to understand this structure.

What is the cause of the recent operating deficits in 2022 and 2023?

In 2023, expenses ($10,194,839) exceeded revenue ($8,511,763) by approximately $1.68 million, and in 2022, expenses ($10,306,291) exceeded revenue ($8,795,085) by about $1.51 million. This trend suggests that the organization is spending more than it earns. The specific reasons for these deficits would require examining the detailed expense categories and revenue sources within the full 990 filings to identify any significant changes or one-time expenditures.

How does the organization manage to maintain substantial assets despite recent deficits?

Despite recent operating deficits, Hollow Metal Trust Fund maintains significant assets, with $35,922,961 in 2023. This indicates a strong historical financial position and potentially substantial reserves or endowments that are being drawn upon to cover current operational shortfalls. While assets provide a buffer, sustained deficits could erode this base over time.

Filing History

IRS 990 filing history for Hollow Metal Trust Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hollow Metal Trust Fund's revenue has declined by 23.8%, moving from $11.2M to $8.5M. Total assets increased by 24.4% over the same period, from $28.9M to $35.9M. Total functional expenses rose by 32.6%, from $7.7M to $10.2M. In its most recent filing year (2023), Hollow Metal Trust Fund reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $520K in liabilities against $35.9M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $35.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $8.5M $10.2M $35.9M $520K
2022 $8.8M $10.3M $36.2M $445K View 990
2021 $12.7M $13.3M $38.3M $62K View 990
2020 $9.2M $9.6M $40.2M $36K View 990
2019 $11.2M $9.1M $39.8M $46K View 990
2018 $10.2M $9.6M $35.6M $27K View 990
2017 $10.2M $10.2M $35.8M $57K
2016 $9.3M $9.7M $35.1M $186K View 990
2015 $9.6M $9.2M $34.7M $905K View 990
2014 $11.0M $9.0M $34.4M $859K View 990
2013 $8.0M $7.2M $34.1M $297K View 990
2012 $8.9M $6.8M $31.6M $109K View 990
2011 $11.2M $7.7M $28.9M $169K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $8.5M, expenses of $10.2M, and assets of $35.9M (revenue -3.2% year-over-year).
  • 2022: Revenue of $8.8M, expenses of $10.3M, and assets of $36.2M (revenue -30.5% year-over-year).
  • 2021: Revenue of $12.7M, expenses of $13.3M, and assets of $38.3M (revenue +37.6% year-over-year).
  • 2020: Revenue of $9.2M, expenses of $9.6M, and assets of $40.2M (revenue -17.8% year-over-year).
  • 2019: Revenue of $11.2M, expenses of $9.1M, and assets of $39.8M (revenue +10.1% year-over-year).
  • 2018: Revenue of $10.2M, expenses of $9.6M, and assets of $35.6M (revenue -0.3% year-over-year).
  • 2017: Revenue of $10.2M, expenses of $10.2M, and assets of $35.8M (revenue +9.9% year-over-year).
  • 2016: Revenue of $9.3M, expenses of $9.7M, and assets of $35.1M (revenue -2.9% year-over-year).
  • 2015: Revenue of $9.6M, expenses of $9.2M, and assets of $34.7M (revenue -12.7% year-over-year).
  • 2014: Revenue of $11.0M, expenses of $9.0M, and assets of $34.4M (revenue +36.1% year-over-year).
  • 2013: Revenue of $8.0M, expenses of $7.2M, and assets of $34.1M (revenue -9.2% year-over-year).
  • 2012: Revenue of $8.9M, expenses of $6.8M, and assets of $31.6M (revenue -20.7% year-over-year).
  • 2011: Revenue of $11.2M, expenses of $7.7M, and assets of $28.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hollow Metal Trust Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hollow Metal Trust Fund 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.

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