Ida B Littlefield Memorial Trust
Ida B Littlefield Memorial Trust: Declining Revenue, Consistent Spending
EIN: 222994936 · Providence, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $508K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $4.8M |
| Transparency Score | 65/100 |
Is Ida B Littlefield Memorial Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ida B Littlefield Memorial Trust
Ida B Littlefield Memorial Trust (EIN: 222994936) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $1.6M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ida B Littlefield Memorial Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ida B Littlefield Memorial Trust is a mid-size nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $508K |
| Surplus / Deficit | $-270,616 |
| Total Assets | $4.8M |
| Total Liabilities | $1 |
| Net Assets | $4.8M |
| Operating Margin | -113.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 112.7 months |
Financial Health Grade: B
In 2023, Ida B Littlefield Memorial Trust reported a deficit of $271K with expenses exceeding revenue, holds 112.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ida B Littlefield Memorial Trust's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.7% | +33.5% | -4.5% |
| 2022 | -6.1% | -34.7% | +9.8% |
| 2021 | +125.2% | +0.4% | +8.3% |
| 2020 | +0.9% | +18.3% | -3.8% |
| 2019 | -42.5% | -8.5% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Ida B Littlefield Memorial Trust 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Ida B Littlefield Memorial Trust allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $271K, 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 no paid staff or trustees.
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 Ida B Littlefield Memorial Trust's IRS 990 filings:
- Zero program service expenses reported, raising questions about direct charitable activities.
- Significant decline in revenue from $929,298 in 2021 to $159,644 in 2023.
- Nature of 'administrative expenses' without program activities is unclear.
Strengths
The following positive indicators were identified for Ida B Littlefield Memorial Trust:
- Consistently reports no liabilities, indicating financial stability.
- No executive compensation reported, suggesting a volunteer-run or minimal overhead structure.
Frequently Asked Questions about Ida B Littlefield Memorial Trust
Is Ida B Littlefield Memorial Trust a legitimate charity?
Ida B Littlefield Memorial Trust (EIN: 222994936) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.6M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Ida B Littlefield Memorial Trust spend its money?
Ida B Littlefield Memorial Trust reported $1.6M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ida B Littlefield Memorial Trust tax-deductible?
Ida B Littlefield Memorial Trust is registered as a tax-exempt nonprofit (EIN: 222994936). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ida B Littlefield Memorial Trust CEO make?
Ida B Littlefield Memorial Trust's highest-compensated officer earns $0 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Ida B Littlefield Memorial Trust located?
Ida B Littlefield Memorial Trust is headquartered in Providence, Rhode Island and files with the IRS under EIN 222994936.
How many years of IRS 990 filings does Ida B Littlefield Memorial Trust have?
Ida B Littlefield Memorial Trust has 10 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 $1.6M in total revenue.
What does Ida B Littlefield Memorial Trust do?
Ida B Littlefield Memorial Trust is a nonprofit organization in the Unknown sector, located in Providence, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Ida B Littlefield Memorial Trust have?
Ida B Littlefield Memorial Trust reported total revenue of $1,596,441. Based on 10 IRS 990 filings on record.
What are Ida B Littlefield Memorial Trust's total assets?
Ida B Littlefield Memorial Trust holds total assets of $5,232,290 as reported in IRS 990 filings.
Where is Ida B Littlefield Memorial Trust located?
Ida B Littlefield Memorial Trust is based in Providence, Rhode Island.
What is Ida B Littlefield Memorial Trust's EIN?
Ida B Littlefield Memorial Trust's Employer Identification Number (EIN) is 222994936. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ida B Littlefield Memorial Trust?
Ida B Littlefield Memorial Trust is classified under NTEE code Unknown (Unknown).
Is Ida B Littlefield Memorial Trust a registered 501(c)(3)?
Ida B Littlefield Memorial Trust appears in IRS records (EIN: 222994936). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ida B Littlefield Memorial Trust file IRS Form 990?
Yes, Ida B Littlefield Memorial Trust has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Ida B Littlefield Memorial Trust's revenue in 2023?
In the 202312 filing period, Ida B Littlefield Memorial Trust reported total revenue of $237,733, total expenses of $508,349, and net assets of $4,774,875.
Is Ida B Littlefield Memorial Trust's revenue growing or declining?
Ida B Littlefield Memorial Trust's revenue is declining. Revenue went from $872,363 (202212) to $237,733 (202312), a -72.7% change. Based on 10 filings on record.
What is Ida B Littlefield Memorial Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Ida B Littlefield Memorial Trust covers tax period 202312. It shows revenue of $237,733, expenses of $508,349, total assets of $4,774,875, and liabilities of $1.
Is Ida B Littlefield Memorial Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Ida B Littlefield Memorial Trust shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Ida B Littlefield Memorial Trust?
The following concerns were identified: Zero program service expenses reported, raising questions about direct charitable activities.. Significant decline in revenue from $929,298 in 2021 to $159,644 in 2023.. Nature of 'administrative expenses' without program activities is unclear.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ida B Littlefield Memorial Trust's strengths?
Positive indicators for Ida B Littlefield Memorial Trust include: Consistently reports no liabilities, indicating financial stability.. No executive compensation reported, suggesting a volunteer-run or minimal overhead structure.. These findings are derived from AI analysis of the organization's financial filings.
How does Ida B Littlefield Memorial Trust compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating no paid staff or trustees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses and 100% administrative expenses, what is the actual charitable purpose and activity of the Ida B Littlefield Memorial Trust?
The filings indicate that the trust incurs expenses (e.g., $508,349 in 2023) but categorizes them entirely as administrative, with no direct program spending. This suggests the trust may operate as a grant-making entity where grants are not classified as program expenses, or its charitable activities are indirect and fall under administrative overhead.
What is the cause of the significant and rapid decline in revenue observed from 2021 to 2023?
Revenue dropped from $929,298 in 2021 to $159,644 in 2023. Without further detail on the revenue sources (e.g., investment income, donations), it's difficult to pinpoint the exact cause, but it could be due to poor investment performance, a decrease in principal distributions, or a change in funding strategy.
Filing History
IRS 990 filing history for Ida B Littlefield Memorial Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ida B Littlefield Memorial Trust's revenue has grown by 64.9%, moving from $144K to $238K. Total assets decreased by 10.8% over the same period, from $5.4M to $4.8M. Total functional expenses rose by 12.4%, from $452K to $508K. In its most recent filing year (2023), Ida B Littlefield Memorial Trust reported a deficit of $271K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $508K | $4.8M | $1 | — | — |
| 2022 | $872K | $381K | $5.0M | $1 | — | View 990 |
| 2021 | $929K | $583K | $4.6M | $1 | — | View 990 |
| 2020 | $413K | $581K | $4.2M | $1 | — | — |
| 2019 | $409K | $491K | $4.4M | $1 | — | View 990 |
| 2015 | $711K | $536K | $5.2M | $1 | — | View 990 |
| 2014 | $546K | $521K | $5.0M | $1 | — | View 990 |
| 2013 | $393K | $470K | $5.0M | $0 | — | View 990 |
| 2012 | $217K | $468K | $5.1M | $0 | — | View 990 |
| 2011 | $144K | $452K | $5.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $508K, and assets of $4.8M (revenue -72.7% year-over-year).
- 2022: Revenue of $872K, expenses of $381K, and assets of $5.0M (revenue -6.1% year-over-year).
- 2021: Revenue of $929K, expenses of $583K, and assets of $4.6M (revenue +125.2% year-over-year).
- 2020: Revenue of $413K, expenses of $581K, and assets of $4.2M (revenue +0.9% year-over-year).
- 2019: Revenue of $409K, expenses of $491K, and assets of $4.4M (revenue -42.5% year-over-year).
- 2015: Revenue of $711K, expenses of $536K, and assets of $5.2M (revenue +30.3% year-over-year).
- 2014: Revenue of $546K, expenses of $521K, and assets of $5.0M (revenue +39.0% year-over-year).
- 2013: Revenue of $393K, expenses of $470K, and assets of $5.0M (revenue +80.9% year-over-year).
- 2012: Revenue of $217K, expenses of $468K, and assets of $5.1M (revenue +50.6% year-over-year).
- 2011: Revenue of $144K, expenses of $452K, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ida B Littlefield Memorial Trust:
Data Sources and Methodology
This transparency report for Ida B Littlefield Memorial 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.