James And Katherine Moler Charitable Trust
James And Katherine Moler Charitable Trust consistently spends more than it earns, drawing down assets.
EIN: 202120645 · Charles Town, WV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $207K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.4M |
| Transparency Score | 65/100 |
Is James And Katherine Moler Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James And Katherine Moler Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James And Katherine Moler Charitable Trust
James And Katherine Moler Charitable Trust (EIN: 202120645) is a nonprofit organization based in Charles Town, WV, classified under NTEE code T22. The organization reported total revenue of $200K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James And Katherine Moler Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James And Katherine Moler Charitable Trust is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $207K |
| Surplus / Deficit | $-133,632 |
| Total Assets | $2.4M |
| Total Liabilities | $1 |
| Net Assets | $2.4M |
| Operating Margin | -182.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 136.9 months |
Financial Health Grade: B
In 2023, James And Katherine Moler Charitable Trust reported a deficit of $134K with expenses exceeding revenue, holds 136.9 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 (2012–2023), James And Katherine Moler Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +535.9% | +9.0% | -5.4% |
| 2022 | -90.1% | +13.0% | -6.7% |
| 2021 | +28.4% | -1.2% | -1.9% |
| 2020 | -56.0% | -17.8% | -2.8% |
| 2019 | +96.8% | +11.8% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 James And Katherine Moler Charitable 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, James And Katherine Moler Charitable Trust 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 deficit of $134K, 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 its size with assets over $2 million.
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 James And Katherine Moler Charitable Trust's IRS 990 filings:
- Consistent deficit spending, with expenses regularly exceeding revenue (e.g., 202309: $207,047 expenses vs. $73,415 revenue).
- Declining asset base over the past decade, from over $3.1 million to $2.3 million.
Strengths
The following positive indicators were identified for James And Katherine Moler Charitable Trust:
- Zero officer compensation reported across all filings, indicating highly efficient executive management.
- Very low liabilities consistently reported, often $1, suggesting strong financial control over debt.
- Maintains a substantial asset base of over $2.2 million, providing a buffer despite deficit spending.
Frequently Asked Questions about James And Katherine Moler Charitable Trust
Is James And Katherine Moler Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, James And Katherine Moler Charitable Trust (EIN: 202120645) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does James And Katherine Moler Charitable Trust spend its money?
James And Katherine Moler Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to James And Katherine Moler Charitable Trust tax-deductible?
James And Katherine Moler Charitable Trust is registered as a tax-exempt nonprofit (EIN: 202120645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the James And Katherine Moler Charitable Trust CEO make?
James And Katherine Moler Charitable Trust's highest-compensated officer earns $2 annually. The organization reported $200K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does James And Katherine Moler Charitable Trust compare to similar nonprofits?
With a transparency score of 65/100 (Good), James And Katherine Moler Charitable Trust is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James And Katherine Moler Charitable Trust located?
James And Katherine Moler Charitable Trust is headquartered in Charles Town, West Virginia and files with the IRS under EIN 202120645. It is classified under NTEE code T22.
How many years of IRS 990 filings does James And Katherine Moler Charitable Trust have?
James And Katherine Moler Charitable 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 $200K in total revenue.
Is the James And Katherine Moler Charitable Trust financially sustainable given its spending patterns?
The trust's consistent pattern of expenses exceeding revenue (e.g., $207,047 expenses vs. $73,415 revenue in 202309) suggests it is drawing down its assets, which is not sustainable long-term without a change in strategy.
What is the primary purpose of this trust based on its NTEE code?
The NTEE code T22 indicates that the James And Katherine Moler Charitable Trust is a Private Grantmaking Foundation, meaning its primary purpose is to make grants to other organizations or individuals.
How has the trust's asset base changed over time?
The trust's assets have declined from $3,108,747 in 201409 to $2,362,199 in 202309, reflecting the consistent deficit spending.
Filing History
IRS 990 filing history for James And Katherine Moler Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), James And Katherine Moler Charitable Trust's revenue has declined by 20.8%, moving from $93K to $73K. Total assets decreased by 18.3% over the same period, from $2.9M to $2.4M. Total functional expenses rose by 11.6%, from $185K to $207K. In its most recent filing year (2023), James And Katherine Moler Charitable Trust reported a deficit of $134K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $207K | $2.4M | $1 | — | View 990 |
| 2022 | $12K | $190K | $2.5M | $1 | — | View 990 |
| 2021 | $117K | $168K | $2.7M | $1 | — | — |
| 2020 | $91K | $170K | $2.7M | $1 | — | View 990 |
| 2019 | $207K | $207K | $2.8M | $1 | — | View 990 |
| 2016 | $105K | $185K | $2.9M | $45K | — | View 990 |
| 2015 | $77K | $265K | $2.9M | $1 | — | View 990 |
| 2014 | $200K | $107K | $3.1M | $1 | — | View 990 |
| 2013 | $318K | $194K | $3.0M | $1 | — | View 990 |
| 2012 | $93K | $185K | $2.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $207K, and assets of $2.4M (revenue +535.9% year-over-year).
- 2022: Revenue of $12K, expenses of $190K, and assets of $2.5M (revenue -90.1% year-over-year).
- 2021: Revenue of $117K, expenses of $168K, and assets of $2.7M (revenue +28.4% year-over-year).
- 2020: Revenue of $91K, expenses of $170K, and assets of $2.7M (revenue -56.0% year-over-year).
- 2019: Revenue of $207K, expenses of $207K, and assets of $2.8M (revenue +96.8% year-over-year).
- 2016: Revenue of $105K, expenses of $185K, and assets of $2.9M (revenue +36.1% year-over-year).
- 2015: Revenue of $77K, expenses of $265K, and assets of $2.9M (revenue -61.2% year-over-year).
- 2014: Revenue of $200K, expenses of $107K, and assets of $3.1M (revenue -37.2% year-over-year).
- 2013: Revenue of $318K, expenses of $194K, and assets of $3.0M (revenue +242.5% year-over-year).
- 2012: Revenue of $93K, expenses of $185K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James And Katherine Moler Charitable Trust:
Data Sources and Methodology
This transparency report for James And Katherine Moler Charitable 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.