Integrity Bank & Trust Charitabletrust
Integrity Bank & Trust Charitabletrust consistently grows assets with minimal expenses and no officer compensation.
EIN: 205114651 · Colorado Spgs, CO · NTEE: T22 · Updated: 2026-03-28
Is Integrity Bank & Trust Charitabletrust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Integrity Bank & Trust Charitabletrust directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Integrity Bank & Trust Charitabletrust
Integrity Bank & Trust Charitabletrust (EIN: 205114651) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code T22. The organization reported total revenue of $355K and total assets of $875K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Integrity Bank & Trust Charitabletrust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Integrity Bank & Trust Charitabletrust with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Integrity Bank & Trust Charitabletrust allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for resource allocation to programs.
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 Integrity Bank & Trust Charitabletrust's IRS 990 filings:
- N/A - No significant red flags identified based on provided data.
Strengths
The following positive indicators were identified for Integrity Bank & Trust Charitabletrust:
- Consistent asset growth, from $63,859 in 2011 to $747,931 in 2023.
- Very low liabilities, consistently reported as $1 in recent filings.
- 0% officer compensation reported across all filings, indicating efficient use of funds.
- Expenses consistently well below revenue, allowing for reinvestment and program growth.
- Strong revenue growth over the past decade, from $16,319 in 2011 to $211,316 in 2023.
Frequently Asked Questions about Integrity Bank & Trust Charitabletrust
Is Integrity Bank & Trust Charitabletrust a legitimate charity?
Based on AI analysis of IRS 990 filings, Integrity Bank & Trust Charitabletrust (EIN: 205114651) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Integrity Bank & Trust Charitabletrust spend its money?
Integrity Bank & Trust Charitabletrust directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Integrity Bank & Trust Charitabletrust tax-deductible?
Integrity Bank & Trust Charitabletrust is registered as a tax-exempt nonprofit (EIN: 205114651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Integrity Bank & Trust Charitabletrust a good charity?
Based on the provided data, Integrity Bank & Trust Charitabletrust appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, very low expenses relative to revenue, and a commitment to directing resources to its mission by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $63,859 in 2011 to $747,931 in 2023, and revenue has increased from $16,319 to $211,316 in the same period, indicating robust growth and stability.
What is the organization's spending efficiency?
The organization exhibits high spending efficiency. For example, in 2023, expenses were $84,559 against revenue of $211,316, meaning a significant portion of revenue is retained or used for future programs. The consistent 0% officer compensation also points to highly efficient use of funds.
Filing History
IRS 990 filing history for Integrity Bank & Trust Charitabletrust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Integrity Bank & Trust Charitabletrust's revenue has grown by 1194.9%, moving from $16K to $211K. Total assets increased by 1071.2% over the same period, from $64K to $748K. Total functional expenses rose by 647.1%, from $11K to $85K. In its most recent filing year (2023), Integrity Bank & Trust Charitabletrust reported a surplus of $127K, with revenue exceeding expenses. The organization holds $1 in liabilities against $748K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $748K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $211K | $85K | $748K | $1 | — | — |
| 2022 | $183K | $76K | $621K | $1 | — | View 990 |
| 2021 | $181K | $64K | $515K | $1 | — | View 990 |
| 2020 | $126K | $24K | $399K | $776 | — | — |
| 2019 | $129K | $68K | $296K | $1 | — | View 990 |
| 2015 | $47K | $42K | $74K | $1 | — | View 990 |
| 2014 | $25K | $25K | $72K | $1 | — | View 990 |
| 2013 | $19K | $4K | $72K | $1 | — | View 990 |
| 2012 | $10K | $18K | $56K | $1 | — | View 990 |
| 2011 | $16K | $11K | $64K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $211K, expenses of $85K, and assets of $748K (revenue +15.8% year-over-year).
- 2022: Revenue of $183K, expenses of $76K, and assets of $621K (revenue +0.8% year-over-year).
- 2021: Revenue of $181K, expenses of $64K, and assets of $515K (revenue +43.8% year-over-year).
- 2020: Revenue of $126K, expenses of $24K, and assets of $399K (revenue -2.7% year-over-year).
- 2019: Revenue of $129K, expenses of $68K, and assets of $296K (revenue +177.0% year-over-year).
- 2015: Revenue of $47K, expenses of $42K, and assets of $74K (revenue +83.9% year-over-year).
- 2014: Revenue of $25K, expenses of $25K, and assets of $72K (revenue +31.1% year-over-year).
- 2013: Revenue of $19K, expenses of $4K, and assets of $72K (revenue +90.0% year-over-year).
- 2012: Revenue of $10K, expenses of $18K, and assets of $56K (revenue -37.5% year-over-year).
- 2011: Revenue of $16K, expenses of $11K, and assets of $64K.
Data Sources and Methodology
This transparency report for Integrity Bank & Trust Charitabletrust 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.