Kristen And John Carter Charitable Tr 07011999

Kristen And John Carter Charitable Tr maintains strong financial health with low expenses and no officer compensation.

EIN: 137186559 · L Compton, RI · NTEE: T22 · Updated: 2026-03-28

$889KRevenue

$1.3MAssets

95/100Mission Score (Excellent)

T22

About Kristen And John Carter Charitable Tr 07011999

Kristen And John Carter Charitable Tr 07011999 (EIN: 137186559) is a nonprofit organization based in L Compton, RI, classified under NTEE code T22. The organization reported total revenue of $889K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kristen And John Carter Charitable Tr 07011999's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Kristen And John Carter Charitable Tr 07011999 demonstrates consistent financial health with growing assets and revenues. In the latest period (202406), the organization reported revenue of $191,689 against expenses of $58,931, indicating a significant surplus that contributes to its substantial asset base of $1,317,671. The organization consistently maintains minimal liabilities, often reporting only $1, which is a strong indicator of financial stability and low risk.

Spending efficiency appears very high, as evidenced by the low expense ratios relative to revenue across multiple periods. For instance, in 202406, expenses were only about 30.7% of revenue. This suggests that a large portion of its income is either retained for future programs or directly applied to its mission without significant overhead. The absence of officer compensation further enhances its efficiency and demonstrates a commitment to maximizing resources for charitable purposes.

Regarding transparency, the organization has a robust filing history with 9 IRS 990 filings, indicating consistent compliance with regulatory requirements. The detailed financial data available through these filings, coupled with zero reported officer compensation, suggests a high degree of transparency and a focus on its charitable mission rather than administrative enrichment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kristen And John Carter Charitable Tr 07011999 with a Mission Score of 95 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, Kristen And John Carter Charitable Tr 07011999 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 no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its asset size ($1,317,671).

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.

Strengths

The following positive indicators were identified for Kristen And John Carter Charitable Tr 07011999:

Consistently low expenses relative to revenue (e.g., $58,931 expenses vs. $191,689 revenue in 202406).
Zero officer compensation reported across all filings, indicating high dedication to mission.
Strong and consistent asset growth, reaching $1,317,671 in 202406.
Minimal liabilities reported ($1 in recent periods), indicating excellent financial stability.
Robust IRS 990 filing history, demonstrating transparency and compliance.

Frequently Asked Questions about Kristen And John Carter Charitable Tr 07011999

Is Kristen And John Carter Charitable Tr a good charity?

Based on its financial data, the Kristen And John Carter Charitable Tr appears to be a very good charity. It demonstrates strong financial health, very low expenses relative to revenue, and a complete absence of officer compensation, suggesting a high dedication to its mission.

How does the organization manage its expenses?

The organization manages its expenses exceptionally well, consistently reporting very low expenses compared to its revenue. For example, in 202406, expenses were $58,931 against $191,689 in revenue, indicating a highly efficient operation.

What is the trend in the organization's assets?

The organization's assets have shown a strong upward trend, growing from $453,542 in 201206 to $1,317,671 in 202406, indicating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for Kristen And John Carter Charitable Tr 07011999 showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2024), Kristen And John Carter Charitable Tr 07011999's revenue has grown by 853%, moving from $20K to $192K. Total assets increased by 190.5% over the same period, from $454K to $1.3M. Total functional expenses rose by 155.6%, from $23K to $59K. In its most recent filing year (2024), Kristen And John Carter Charitable Tr 07011999 reported a surplus of $133K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$192K	$59K	$1.3M	$1	—	—
2023	$153K	$44K	$1.3M	$1	—	View 990
2022	$166K	$53K	$1.0M	$1	—	View 990
2021	$149K	$39K	$1.2M	$1	—	View 990
2020	$568K	$18K	$993K	$0	—	View 990
2015	$9K	$13K	$405K	$0	—	View 990
2014	$10K	$31K	$416K	$0	—	View 990
2013	$10K	$23K	$440K	$0	—	View 990
2012	$20K	$23K	$454K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $192K, expenses of $59K, and assets of $1.3M (revenue +25.2% year-over-year).
2023: Revenue of $153K, expenses of $44K, and assets of $1.3M (revenue -7.9% year-over-year).
2022: Revenue of $166K, expenses of $53K, and assets of $1.0M (revenue +11.8% year-over-year).
2021: Revenue of $149K, expenses of $39K, and assets of $1.2M (revenue -73.8% year-over-year).
2020: Revenue of $568K, expenses of $18K, and assets of $993K (revenue +6386.6% year-over-year).
2015: Revenue of $9K, expenses of $13K, and assets of $405K (revenue -15.4% year-over-year).
2014: Revenue of $10K, expenses of $31K, and assets of $416K (revenue -0.1% year-over-year).
2013: Revenue of $10K, expenses of $23K, and assets of $440K (revenue -48.5% year-over-year).
2012: Revenue of $20K, expenses of $23K, and assets of $454K.

Data Sources and Methodology

This transparency report for Kristen And John Carter Charitable Tr 07011999 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.