Intact Charitable Trust Usa
EIN: 232441567 · Plymouth, MN
| Metric | Value |
|---|---|
| Total Revenue | $599K |
| Total Expenses | $563K |
| Net Assets | $239K |
Is Intact Charitable Trust Usa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Intact Charitable Trust Usa
Intact Charitable Trust Usa (EIN: 232441567) is a nonprofit organization based in Plymouth, MN. The organization reported total revenue of $599K and total assets of $159K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Intact Charitable Trust Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Intact Charitable Trust Usa is a small nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $489K |
| Total Expenses | $563K |
| Surplus / Deficit | $-73,867 |
| Total Assets | $239K |
| Total Liabilities | $1 |
| Net Assets | $239K |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, Intact Charitable Trust Usa reported a deficit of $74K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Intact Charitable Trust Usa's revenue has grown at a compound annual growth rate (CAGR) of 32.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.5% | +14.7% | -19.1% |
| 2022 | +227.7% | +48.6% | -19.4% |
| 2021 | -16.4% | +99.3% | -35.6% |
| 2020 | -14.8% | -35.1% | -2.2% |
| 2019 | -2.3% | -25.2% | -41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Intact Charitable Trust Usa has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Intact Charitable Trust Usa with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Intact Charitable Trust Usa
Is Intact Charitable Trust Usa a legitimate charity?
Intact Charitable Trust Usa (EIN: 232441567) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $599K. No red flags identified. Financial health grade: B.
How does Intact Charitable Trust Usa spend its money?
Intact Charitable Trust Usa reported $599K 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 Intact Charitable Trust Usa tax-deductible?
Intact Charitable Trust Usa is registered as a tax-exempt nonprofit (EIN: 232441567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Intact Charitable Trust Usa located?
Intact Charitable Trust Usa is headquartered in Plymouth, Minnesota and files with the IRS under EIN 232441567.
How many years of IRS 990 filings does Intact Charitable Trust Usa have?
Intact Charitable Trust Usa 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 $599K in total revenue.
Filing History
IRS 990 filing history for Intact Charitable Trust Usa showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Intact Charitable Trust Usa's revenue has grown by 2688.6%, moving from $18K to $489K. Total assets decreased by 89% over the same period, from $2.2M to $239K. Total functional expenses rose by 90.6%, from $295K to $563K. In its most recent filing year (2023), Intact Charitable Trust Usa reported a deficit of $74K, with expenses exceeding revenue. The organization holds $1 in liabilities against $239K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $239K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $489K | $563K | $239K | $1 | — | — |
| 2022 | $420K | $491K | $295K | $1 | — | View 990 |
| 2021 | $128K | $330K | $367K | $1 | — | View 990 |
| 2020 | $153K | $166K | $569K | $1 | — | View 990 |
| 2019 | $180K | $256K | $581K | $0 | — | View 990 |
| 2015 | $184K | $342K | $994K | $0 | — | View 990 |
| 2014 | $10K | $375K | $1.2M | $0 | — | View 990 |
| 2013 | $1K | $388K | $1.5M | $0 | — | View 990 |
| 2012 | $6K | $281K | $1.9M | $0 | — | View 990 |
| 2011 | $18K | $295K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $489K, expenses of $563K, and assets of $239K (revenue +16.5% year-over-year).
- 2022: Revenue of $420K, expenses of $491K, and assets of $295K (revenue +227.7% year-over-year).
- 2021: Revenue of $128K, expenses of $330K, and assets of $367K (revenue -16.4% year-over-year).
- 2020: Revenue of $153K, expenses of $166K, and assets of $569K (revenue -14.8% year-over-year).
- 2019: Revenue of $180K, expenses of $256K, and assets of $581K (revenue -2.3% year-over-year).
- 2015: Revenue of $184K, expenses of $342K, and assets of $994K (revenue +1744.8% year-over-year).
- 2014: Revenue of $10K, expenses of $375K, and assets of $1.2M (revenue +597.0% year-over-year).
- 2013: Revenue of $1K, expenses of $388K, and assets of $1.5M (revenue -74.8% year-over-year).
- 2012: Revenue of $6K, expenses of $281K, and assets of $1.9M (revenue -67.6% year-over-year).
- 2011: Revenue of $18K, expenses of $295K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Intact Charitable Trust Usa:
Data Sources and Methodology
This transparency report for Intact Charitable Trust Usa 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.