Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust reports $0 revenue and assets in its latest filing, indicating potential dormancy after years of consistent assets and revenue.

EIN: 16162638 · Portland, ME · Updated: 2026-03-28

$0Revenue
$0Assets
65/100Mission Score (Good)
Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust Financial Summary
MetricValue
Total Expenses$96K
Program Spending85%
Net Assets$747K
Transparency Score65/100

Is Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust (EIN: 16162638) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

MicroSize Classification
5Years of Filings
MixedRevenue Trajectory

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 31.0%.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

Total Revenue$81K
Total Expenses$96K
Surplus / Deficit$-15,196
Total Assets$747K
Total Liabilities$1
Net Assets$747K
Operating Margin-18.8%
Debt-to-Asset Ratio0.0%
Months of Reserves93.4 months

Financial Health Grade: B

In 2015, Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust reported a deficit of $15K with expenses exceeding revenue, holds 93.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 5 years of filings (2011–2015), Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 31.0%.

YearRevenue ChangeExpense ChangeAsset Change
2015-25.8%+3.4%-1.9%
2014-11.1%+58.1%+2.1%
2013+44.5%+18.9%+9.4%
2012+208.5%+55.0%+5.5%

AI Transparency Report

The Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust appears to be a private foundation, as indicated by its consistent asset base and fluctuating but generally positive revenue streams over the past five years. With zero revenue and assets in its latest filing, it suggests a period of dormancy or a significant change in its financial structure, which warrants further investigation. Prior to this, the trust consistently held substantial assets, peaking at $761,857 in 2014, and generated revenue ranging from $27,452 to $122,356. The trust's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories. However, its historical expenses have been consistently lower than its assets, suggesting a conservative spending approach. For example, in 2013, expenses were $58,727 against $746,355 in assets. The absence of officer compensation reported across all filings indicates a lean operational structure, which is a positive sign for donor confidence. The sudden drop to $0 in both revenue and assets in the latest period is a critical point of concern regarding its current operational status and financial health. Transparency is generally good given the availability of 990 filings. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated between programs and overhead. The consistent reporting of zero officer compensation enhances transparency regarding executive pay. The most recent filing showing zero assets and revenue is a significant data point that requires clarification to fully understand the trust's current financial standing and future viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Karen Anne Bollwerk Burke And William A Burke Family 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$81KTotal Revenue
$96KTotal Expenses
$747KTotal Assets
$1Total Liabilities
$747KNet Assets
  • The organization reported a deficit of $15K, 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 no salaries are paid to officers, which is highly efficient for a charitable trust.

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 Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust's IRS 990 filings:

  • Latest filing shows $0 revenue and $0 assets, raising questions about current operational status.
  • Expenses exceeded revenue in 2015 ($95,965 expenses vs. $80,769 revenue).

Strengths

The following positive indicators were identified for Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust:

  • Consistently reported 0% officer compensation, indicating efficient use of funds for executive pay.
  • Maintained a substantial asset base for several years prior to the latest filing, suggesting financial stability.
  • Historically, revenue often exceeded expenses, allowing for asset growth in some periods.

Frequently Asked Questions about Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust

Is Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust a legitimate charity?

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust (EIN: 16162638) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust spend its money?

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust tax-deductible?

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust is registered as a tax-exempt nonprofit (EIN: 16162638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust's spending goes to programs?

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust located?

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust is headquartered in Portland, Maine and files with the IRS under EIN 16162638.

How many years of IRS 990 filings does Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust have?

Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.

Is the Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust still active, given its latest filing shows $0 in revenue and assets?

The latest IRS 990 filing indicates $0 in both revenue and assets, which strongly suggests the trust may be dormant or has undergone a significant restructuring or dissolution. Further investigation into subsequent filings or public records would be needed to confirm its current operational status.

How did the trust manage its expenses relative to its revenue in previous years?

Historically, the trust's expenses have varied. In 2015, expenses ($95,965) exceeded revenue ($80,769), resulting in a deficit. However, in 2014 and 2013, revenue ($108,780 and $122,356 respectively) exceeded expenses ($92,834 and $58,727 respectively), indicating periods of financial surplus.

What was the typical asset base of the trust before its latest filing?

Prior to the latest filing, the trust consistently maintained a substantial asset base, ranging from $647,185 in 2011 to a peak of $761,857 in 2014.

Filing History

IRS 990 filing history for Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2015), Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust's revenue has grown by 194.2%, moving from $27K to $81K. Total assets increased by 15.4% over the same period, from $647K to $747K. Total functional expenses rose by 201.1%, from $32K to $96K. In its most recent filing year (2015), Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1 in liabilities against $747K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $747K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $81K $96K $747K $1 View 990
2014 $109K $93K $762K $1 View 990
2013 $122K $59K $746K $1 View 990
2012 $85K $49K $682K $0 View 990
2011 $27K $32K $647K $0 View 990

Year-by-Year Financial Summary

  • 2015: Revenue of $81K, expenses of $96K, and assets of $747K (revenue -25.8% year-over-year).
  • 2014: Revenue of $109K, expenses of $93K, and assets of $762K (revenue -11.1% year-over-year).
  • 2013: Revenue of $122K, expenses of $59K, and assets of $746K (revenue +44.5% year-over-year).
  • 2012: Revenue of $85K, expenses of $49K, and assets of $682K (revenue +208.5% year-over-year).
  • 2011: Revenue of $27K, expenses of $32K, and assets of $647K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Karen Anne Bollwerk Burke And William A Burke Family Charitable Trust:

2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Karen Anne Bollwerk Burke And William A Burke Family 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.

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