J L And Euval Charles Chartible Tr
J L And Euval Charles Chartible Tr maintains substantial assets despite fluctuating annual revenues and occasional operating deficits.
EIN: 206240668 · Tulsa, OK · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $757K |
| Total Expenses | $92K |
| Program Spending | 90% |
| Net Assets | $853K |
| Transparency Score | 85/100 |
Is J L And Euval Charles Chartible Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J L And Euval Charles Chartible Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J L And Euval Charles Chartible Tr
J L And Euval Charles Chartible Tr (EIN: 206240668) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T20. The organization reported total revenue of $757K and total assets of $895K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J L And Euval Charles Chartible Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J L And Euval Charles Chartible Tr is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $92K |
| Surplus / Deficit | +$9K |
| Total Assets | $853K |
| Total Liabilities | $1 |
| Net Assets | $853K |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 111.8 months |
Financial Health Grade: A
In 2023, J L And Euval Charles Chartible Tr reported a surplus of $9K with revenue exceeding expenses, holds 111.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), J L And Euval Charles Chartible Tr's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.8% | +2.2% | +9.3% |
| 2022 | -25.4% | +18.9% | -37.1% |
| 2020 | -447.4% | -14.3% | +4.4% |
| 2019 | -47.0% | -39.8% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 J L And Euval Charles Chartible Tr with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, J L And Euval Charles Chartible Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is common for smaller trusts or foundations.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of J L And Euval Charles Chartible Tr's IRS 990 filings:
- Significant negative revenue reported in 2020 ($-58,550), indicating potential investment losses or unusual financial events.
- Periods where expenses significantly exceeded revenue, such as in 2015 ($127,386 expenses vs. $31,801 revenue), suggesting reliance on asset drawdowns or prior year surpluses.
Strengths
The following positive indicators were identified for J L And Euval Charles Chartible Tr:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for charitable purposes.
- Strong and stable asset base, consistently above $780,000, providing financial resilience.
- Regular IRS 990 filings, demonstrating good transparency and accountability.
- Low liabilities across all reported periods, indicating sound financial management and minimal debt.
Frequently Asked Questions about J L And Euval Charles Chartible Tr
Is J L And Euval Charles Chartible Tr a legitimate charity?
J L And Euval Charles Chartible Tr (EIN: 206240668) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $757K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does J L And Euval Charles Chartible Tr spend its money?
J L And Euval Charles Chartible Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to J L And Euval Charles Chartible Tr tax-deductible?
J L And Euval Charles Chartible Tr is registered as a tax-exempt nonprofit (EIN: 206240668). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does J L And Euval Charles Chartible Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), J L And Euval Charles Chartible Tr is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is J L And Euval Charles Chartible Tr located?
J L And Euval Charles Chartible Tr is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 206240668. It is classified under NTEE code T20.
How many years of IRS 990 filings does J L And Euval Charles Chartible Tr have?
J L And Euval Charles Chartible Tr has 11 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 $757K in total revenue.
Is J L And Euval Charles Chartible Tr a good charity?
Based on the available data, the organization appears to be a well-managed private foundation with a strong asset base and no reported officer compensation, suggesting a focus on its charitable purpose. Its consistent 990 filings also indicate good transparency.
What is the primary source of revenue for this organization?
The IRS 990 data does not explicitly detail the source of revenue beyond the total amount. Given its nature as a charitable trust and fluctuating revenue, it likely derives income from investments, grants, or contributions.
Why did the organization report negative revenue in 2020?
Negative revenue, such as the $-58,550 reported in 2020, often indicates investment losses or significant returns of contributions during that fiscal period.
How has the organization's asset base changed over time?
The organization's assets have fluctuated, peaking at $1,285,783 in 2013 and $1,241,402 in 2021, but have generally remained robust, standing at $853,273 in 2023 after a dip from earlier highs.
Filing History
IRS 990 filing history for J L And Euval Charles Chartible Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), J L And Euval Charles Chartible Tr's revenue has grown by 156.6%, moving from $39K to $101K. Total assets decreased by 38.2% over the same period, from $1.4M to $853K. Total functional expenses rose by 41.4%, from $65K to $92K. In its most recent filing year (2023), J L And Euval Charles Chartible Tr reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1 in liabilities against $853K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $853K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $92K | $853K | $1 | — | View 990 |
| 2022 | $112K | $90K | $780K | $1 | — | View 990 |
| 2021 | $150K | $75K | $1.2M | $1 | — | View 990 |
| 2020 | $-58,550 | $66K | $1.1M | $1 | — | — |
| 2019 | $17K | $77K | $1.1M | $1 | — | View 990 |
| 2015 | $32K | $127K | $1.1M | $1 | — | View 990 |
| 2014 | $47K | $15K | $1.3M | $0 | — | View 990 |
| 2013 | $48K | $10K | $1.3M | $0 | — | View 990 |
| 2012 | $50K | $13K | $1.3M | $1 | — | View 990 |
| 2011 | $55K | $116K | $1.3M | $1 | — | View 990 |
| 2010 | $39K | $65K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $92K, and assets of $853K (revenue -9.8% year-over-year).
- 2022: Revenue of $112K, expenses of $90K, and assets of $780K (revenue -25.4% year-over-year).
- 2021: Revenue of $150K, expenses of $75K, and assets of $1.2M.
- 2020: Revenue of $-58,550, expenses of $66K, and assets of $1.1M (revenue -447.4% year-over-year).
- 2019: Revenue of $17K, expenses of $77K, and assets of $1.1M (revenue -47.0% year-over-year).
- 2015: Revenue of $32K, expenses of $127K, and assets of $1.1M (revenue -32.0% year-over-year).
- 2014: Revenue of $47K, expenses of $15K, and assets of $1.3M (revenue -2.2% year-over-year).
- 2013: Revenue of $48K, expenses of $10K, and assets of $1.3M (revenue -4.6% year-over-year).
- 2012: Revenue of $50K, expenses of $13K, and assets of $1.3M (revenue -9.4% year-over-year).
- 2011: Revenue of $55K, expenses of $116K, and assets of $1.3M (revenue +40.6% year-over-year).
- 2010: Revenue of $39K, expenses of $65K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J L And Euval Charles Chartible Tr:
Data Sources and Methodology
This transparency report for J L And Euval Charles Chartible Tr 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.