Julia G Melson Charitable Testamentary Trust

Julia G Melson Charitable Testamentary Trust consistently spends more than its annual revenue, drawing from its stable asset base.

EIN: 206724118 · Montgomery, AL · NTEE: T20 · Updated: 2026-03-28

$533KRevenue
$1.7MAssets
85/100Mission Score (Excellent)
T20
Julia G Melson Charitable Testamentary Trust Financial Summary
MetricValue
Total Revenue$533K
Total Expenses$131K
Program Spending90%
Net Assets$1.7M
Transparency Score85/100

Is Julia G Melson Charitable Testamentary Trust Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Julia G Melson Charitable Testamentary Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Julia G Melson Charitable Testamentary Trust

Julia G Melson Charitable Testamentary Trust (EIN: 206724118) is a nonprofit organization based in Montgomery, AL, classified under NTEE code T20. The organization reported total revenue of $533K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Julia G Melson Charitable Testamentary Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

14Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Julia G Melson Charitable Testamentary Trust is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$78K
Total Expenses$131K
Surplus / Deficit$-53,540
Total Assets$1.7M
Total Liabilities$1
Net Assets$1.7M
Operating Margin-68.9%
Debt-to-Asset Ratio0.0%
Months of Reserves159.8 months

Financial Health Grade: B

In 2023, Julia G Melson Charitable Testamentary Trust reported a deficit of $54K with expenses exceeding revenue, holds 159.8 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), Julia G Melson Charitable Testamentary Trust's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-12.3%-7.9%-3.0%
2022-65.5%-8.3%-2.9%
2021+193.0%+12.7%+5.7%
2020-18.9%+0.0%-2.8%
2019+33.9%+2.2%-2.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2012

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Julia G Melson Charitable Testamentary Trust appears to be a well-established private foundation, as indicated by its consistent asset base hovering around $1.7 million to $1.9 million over the past decade. Its financial health is stable, with assets significantly outweighing minimal liabilities (consistently reported as $1). However, the trust has consistently spent more than its revenue in most recent years, for example, in 2023, it reported $77,701 in revenue against $131,241 in expenses, and in 2022, $88,565 in revenue against $142,518 in expenses. This trend suggests it is drawing down on its principal or accumulated income to cover expenses, which is typical for a testamentary trust distributing funds. The organization demonstrates strong transparency by consistently filing its IRS Form 990, and its NTEE code T20 (Private Grantmaking Foundations) aligns with its operational nature.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Julia G Melson Charitable Testamentary Trust 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, Julia G Melson Charitable Testamentary 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:

$78KTotal Revenue
$131KTotal Expenses
$1.7MTotal Assets
$1Total Liabilities
$1.7MNet Assets
  • The organization reported a deficit of $54K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation, which is common for trusts managed by fiduciaries or volunteers.

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 Julia G Melson Charitable Testamentary Trust's IRS 990 filings:

  • Consistent expenses exceeding revenue, potentially drawing down principal over the long term.

Strengths

The following positive indicators were identified for Julia G Melson Charitable Testamentary Trust:

  • Stable and substantial asset base, consistently around $1.7M - $1.9M.
  • Minimal liabilities, consistently reported as $1.
  • No reported officer compensation, indicating efficient use of funds for leadership.
  • Consistent IRS 990 filing history, demonstrating transparency.
  • Clear alignment with its NTEE code as a Private Grantmaking Foundation.

Frequently Asked Questions about Julia G Melson Charitable Testamentary Trust

Is Julia G Melson Charitable Testamentary Trust a legitimate charity?

Julia G Melson Charitable Testamentary Trust (EIN: 206724118) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $533K. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does Julia G Melson Charitable Testamentary Trust spend its money?

Julia G Melson Charitable Testamentary Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Julia G Melson Charitable Testamentary Trust tax-deductible?

Julia G Melson Charitable Testamentary Trust is registered as a tax-exempt nonprofit (EIN: 206724118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Julia G Melson Charitable Testamentary Trust compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Julia G Melson Charitable Testamentary Trust 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 Julia G Melson Charitable Testamentary Trust located?

Julia G Melson Charitable Testamentary Trust is headquartered in Montgomery, Alabama and files with the IRS under EIN 206724118. It is classified under NTEE code T20.

How many years of IRS 990 filings does Julia G Melson Charitable Testamentary Trust have?

Julia G Melson Charitable Testamentary 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 $533K in total revenue.

What are the specific programs or grants funded by the Julia G Melson Charitable Testamentary Trust?

The provided data does not detail specific programs or grants. As a Private Grantmaking Foundation (NTEE T20), its primary 'program' is typically making grants to other organizations or individuals, but the beneficiaries are not specified in this summary.

How does the trust manage its investment portfolio to generate revenue?

The data indicates fluctuating revenue, suggesting reliance on investment income. However, specific investment strategies or portfolio details are not available in this summary.

Is the consistent spending exceeding revenue a sustainable model for the trust?

While the trust has a substantial asset base (e.g., $1,747,399 in 2023), consistently spending more than revenue (e.g., $131,241 expenses vs. $77,701 revenue in 2023) will gradually deplete assets if not offset by future investment gains or principal growth. This is often an intended function of a testamentary trust designed to distribute assets over time.

Filing History

IRS 990 filing history for Julia G Melson Charitable Testamentary Trust showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Julia G Melson Charitable Testamentary Trust's revenue has grown by 27.1%, moving from $61K to $78K. Total assets decreased by 8.5% over the same period, from $1.9M to $1.7M. Total functional expenses fell by 22.8%, from $170K to $131K. In its most recent filing year (2023), Julia G Melson Charitable Testamentary Trust reported a deficit of $54K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $78K $131K $1.7M $1 View 990
2022 $89K $143K $1.8M $1 View 990
2021 $257K $155K $1.9M $1
2020 $88K $138K $1.8M $1 View 990
2019 $108K $138K $1.8M $1 View 990
2015 $81K $135K $1.9M $1 View 990
2014 $152K $155K $1.9M $1 View 990
2013 $184K $138K $1.9M $1 View 990
2012 $98K $139K $1.9M $1 View 990
2011 $61K $170K $1.9M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $78K, expenses of $131K, and assets of $1.7M (revenue -12.3% year-over-year).
  • 2022: Revenue of $89K, expenses of $143K, and assets of $1.8M (revenue -65.5% year-over-year).
  • 2021: Revenue of $257K, expenses of $155K, and assets of $1.9M (revenue +193.0% year-over-year).
  • 2020: Revenue of $88K, expenses of $138K, and assets of $1.8M (revenue -18.9% year-over-year).
  • 2019: Revenue of $108K, expenses of $138K, and assets of $1.8M (revenue +33.9% year-over-year).
  • 2015: Revenue of $81K, expenses of $135K, and assets of $1.9M (revenue -46.9% year-over-year).
  • 2014: Revenue of $152K, expenses of $155K, and assets of $1.9M (revenue -17.3% year-over-year).
  • 2013: Revenue of $184K, expenses of $138K, and assets of $1.9M (revenue +87.3% year-over-year).
  • 2012: Revenue of $98K, expenses of $139K, and assets of $1.9M (revenue +60.6% year-over-year).
  • 2011: Revenue of $61K, expenses of $170K, and assets of $1.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Julia G Melson Charitable Testamentary Trust:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Julia G Melson Charitable Testamentary 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.

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