Hymen & Clara Sitrin Awards Trust Ufa
Hymen & Clara Sitrin Awards Trust Ufa operates with minimal revenue and slowly declining assets, consistently spending more than it earns.
EIN: 156015038 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $65 |
| Total Expenses | $101 |
| Program Spending | 80% |
| Net Assets | $2K |
| Transparency Score | 65/100 |
Is Hymen & Clara Sitrin Awards Trust Ufa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hymen & Clara Sitrin Awards Trust Ufa directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hymen & Clara Sitrin Awards Trust Ufa
Hymen & Clara Sitrin Awards Trust Ufa (EIN: 156015038) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $65 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hymen & Clara Sitrin Awards Trust Ufa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hymen & Clara Sitrin Awards Trust Ufa is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $65 |
| Total Expenses | $101 |
| Surplus / Deficit | $-36 |
| Total Assets | $2K |
| Total Liabilities | $1 |
| Net Assets | $2K |
| Operating Margin | -55.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 250.0 months |
Financial Health Grade: B
In 2019, Hymen & Clara Sitrin Awards Trust Ufa reported a deficit of $36 with expenses exceeding revenue, holds 250.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), Hymen & Clara Sitrin Awards Trust Ufa's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +6.6% | -34.8% | -16.2% |
| 2015 | -44.5% | -0.6% | -3.5% |
| 2014 | +13.4% | +15.6% | -1.7% |
| 2013 | -56.7% | -38.4% | -1.3% |
| 2012 | +40.0% | +104.7% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Hymen & Clara Sitrin Awards Trust Ufa 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Hymen & Clara Sitrin Awards Trust Ufa allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36, with expenses exceeding revenue.
- 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 this 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 Hymen & Clara Sitrin Awards Trust Ufa's IRS 990 filings:
- Consistent deficit spending (expenses often exceed revenue, e.g., $101 expenses vs. $65 revenue in 2019)
- Slowly declining asset base (from $2,685 in 2011 to $2,104 in 2019)
- Very low revenue, indicating limited capacity for impact
Strengths
The following positive indicators were identified for Hymen & Clara Sitrin Awards Trust Ufa:
- Zero officer compensation reported across all filings, indicating high efficiency in executive overhead
- Low liabilities (consistently $0 or $1), indicating minimal financial risk
- Consistent filing of IRS Form 990, demonstrating transparency
Frequently Asked Questions about Hymen & Clara Sitrin Awards Trust Ufa
Is Hymen & Clara Sitrin Awards Trust Ufa a legitimate charity?
Hymen & Clara Sitrin Awards Trust Ufa (EIN: 156015038) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 65/100. It has 6 years of IRS 990 filings on record. Total revenue: $65. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Hymen & Clara Sitrin Awards Trust Ufa spend its money?
Hymen & Clara Sitrin Awards Trust Ufa directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hymen & Clara Sitrin Awards Trust Ufa tax-deductible?
Hymen & Clara Sitrin Awards Trust Ufa is registered as a tax-exempt nonprofit (EIN: 156015038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hymen & Clara Sitrin Awards Trust Ufa located?
Hymen & Clara Sitrin Awards Trust Ufa is headquartered in Providence, Rhode Island and files with the IRS under EIN 156015038.
How many years of IRS 990 filings does Hymen & Clara Sitrin Awards Trust Ufa have?
Hymen & Clara Sitrin Awards Trust Ufa has 6 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 $65 in total revenue.
Is Hymen & Clara Sitrin Awards Trust Ufa a good charity?
Given its consistent reporting of zero officer compensation and its apparent function as an awards trust, it appears to be managed efficiently in terms of executive overhead. However, its very small scale and consistent deficit spending (e.g., $101 expenses vs. $65 revenue in 2019) mean its impact is limited and its assets are slowly declining.
What is the primary purpose of this trust?
Based on its name, 'Hymen & Clara Sitrin Awards Trust Ufa,' its primary purpose is likely to provide awards or grants, though specific details on the beneficiaries or types of awards are not available in the provided financial data.
Why are expenses consistently higher than revenue?
Expenses frequently exceed revenue (e.g., $101 expenses vs. $65 revenue in 2019; $155 expenses vs. $61 revenue in 2015), suggesting the trust is either drawing down its principal assets or relying on accumulated surpluses from prior periods to fund its awards and operations.
Filing History
IRS 990 filing history for Hymen & Clara Sitrin Awards Trust Ufa showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Hymen & Clara Sitrin Awards Trust Ufa's revenue has declined by 59.4%, moving from $160 to $65. Total assets decreased by 21.6% over the same period, from $3K to $2K. Total functional expenses fell by 5.6%, from $107 to $101. In its most recent filing year (2019), Hymen & Clara Sitrin Awards Trust Ufa reported a deficit of $36, with expenses exceeding revenue. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $65 | $101 | $2K | $1 | — | View 990 |
| 2015 | $61 | $155 | $3K | $0 | — | View 990 |
| 2014 | $110 | $156 | $3K | $0 | — | View 990 |
| 2013 | $97 | $135 | $3K | $0 | — | View 990 |
| 2012 | $224 | $219 | $3K | $0 | — | View 990 |
| 2011 | $160 | $107 | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $65, expenses of $101, and assets of $2K (revenue +6.6% year-over-year).
- 2015: Revenue of $61, expenses of $155, and assets of $3K (revenue -44.5% year-over-year).
- 2014: Revenue of $110, expenses of $156, and assets of $3K (revenue +13.4% year-over-year).
- 2013: Revenue of $97, expenses of $135, and assets of $3K (revenue -56.7% year-over-year).
- 2012: Revenue of $224, expenses of $219, and assets of $3K (revenue +40.0% year-over-year).
- 2011: Revenue of $160, expenses of $107, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hymen & Clara Sitrin Awards Trust Ufa:
Data Sources and Methodology
This transparency report for Hymen & Clara Sitrin Awards Trust Ufa 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.