Lois M Gauthier Charitable Tr
Lois M Gauthier Charitable Tr consistently spends more than it earns, drawing down assets over the past decade.
EIN: 16115166 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $571K |
| Total Expenses | $32K |
| Program Spending | 85% |
| Net Assets | $221K |
| Transparency Score | 70/100 |
Is Lois M Gauthier Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lois M Gauthier Charitable Tr directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lois M Gauthier Charitable Tr
Lois M Gauthier Charitable Tr (EIN: 16115166) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $571K and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lois M Gauthier Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lois M Gauthier Charitable Tr is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $32K |
| Surplus / Deficit | $-358 |
| Total Assets | $221K |
| Total Liabilities | $1 |
| Net Assets | $221K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 83.9 months |
Financial Health Grade: B
In 2023, Lois M Gauthier Charitable Tr reported a deficit of $358 with expenses exceeding revenue, holds 83.9 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 (2011–2023), Lois M Gauthier Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +346.3% | -13.9% | -8.2% |
| 2022 | -58.9% | -19.3% | -11.0% |
| 2021 | +151.5% | +3.5% | -9.5% |
| 2020 | -48.3% | +16.8% | -9.9% |
| 2019 | -11.9% | +17.7% | -19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Lois M Gauthier Charitable Tr with a Mission Score of 70 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Lois M Gauthier Charitable Tr allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $358, 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 trustees receive salaries from the organization. This suggests a volunteer-led or externally managed structure, which is common for smaller trusts and 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 Lois M Gauthier Charitable Tr's IRS 990 filings:
- Consistent asset depletion over a decade due to expenses exceeding revenue (e.g., assets decreased from $425,962 in 2011 to $220,953 in 2023).
- Unknown NTEE code, making it difficult to understand the specific programmatic focus and impact.
- Significant discrepancy between historical annual revenues and the 'Latest Revenue' figure, requiring further investigation to understand its nature.
Strengths
The following positive indicators were identified for Lois M Gauthier Charitable Tr:
- Zero officer compensation reported across all filings, indicating efficient use of funds for administrative overhead.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
- Low liabilities reported ($0 or $1 across all filings), indicating strong financial solvency in terms of debt.
Frequently Asked Questions about Lois M Gauthier Charitable Tr
Is Lois M Gauthier Charitable Tr a legitimate charity?
Lois M Gauthier Charitable Tr (EIN: 16115166) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $571K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Lois M Gauthier Charitable Tr spend its money?
Lois M Gauthier Charitable Tr directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lois M Gauthier Charitable Tr tax-deductible?
Lois M Gauthier Charitable Tr is registered as a tax-exempt nonprofit (EIN: 16115166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lois M Gauthier Charitable Tr located?
Lois M Gauthier Charitable Tr is headquartered in Bangor, Maine and files with the IRS under EIN 16115166.
How many years of IRS 990 filings does Lois M Gauthier Charitable Tr have?
Lois M Gauthier Charitable Tr 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 $571K in total revenue.
What is the specific mission or purpose of the Lois M Gauthier Charitable Tr?
The NTEE code is unknown, and without further information from the 990 filings beyond the provided data, the specific mission or beneficiaries of this charitable trust cannot be determined.
Why has the trust consistently spent more than its revenue in most years?
The consistent trend of expenses exceeding revenue (e.g., $31,619 expenses vs. $31,261 revenue in 2023) suggests the trust is distributing funds from its principal or endowment, rather than solely from investment income. This is a common practice for some trusts but leads to asset depletion over time.
What caused the significant increase in revenue to $571,283 in the latest period, given the historical trend?
The provided data shows a 'Latest Revenue' of $571,283, which is a significant outlier compared to the historical annual revenues ranging from $6,773 to $32,726. This could be due to a large one-time donation, a significant investment gain, or a change in reporting, but the specific cause is not detailed in the provided filing history.
Filing History
IRS 990 filing history for Lois M Gauthier Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lois M Gauthier Charitable Tr's revenue has grown by 346.6%, moving from $7K to $31K. Total assets decreased by 48.1% over the same period, from $426K to $221K. Total functional expenses rose by 15.2%, from $27K to $32K. In its most recent filing year (2023), Lois M Gauthier Charitable Tr reported a deficit of $358, with expenses exceeding revenue. The organization holds $1 in liabilities against $221K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $221K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $32K | $221K | $1 | — | View 990 |
| 2022 | $7K | $37K | $241K | $1 | — | View 990 |
| 2021 | $17K | $46K | $271K | $1 | — | — |
| 2020 | $7K | $44K | $299K | $1 | — | — |
| 2019 | $13K | $38K | $331K | $0 | — | View 990 |
| 2015 | $15K | $32K | $411K | $0 | — | View 990 |
| 2014 | $16K | $32K | $411K | $0 | — | View 990 |
| 2013 | $33K | $30K | $398K | $0 | — | View 990 |
| 2012 | $15K | $29K | $397K | $0 | — | View 990 |
| 2011 | $7K | $27K | $426K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $32K, and assets of $221K (revenue +346.3% year-over-year).
- 2022: Revenue of $7K, expenses of $37K, and assets of $241K (revenue -58.9% year-over-year).
- 2021: Revenue of $17K, expenses of $46K, and assets of $271K (revenue +151.5% year-over-year).
- 2020: Revenue of $7K, expenses of $44K, and assets of $299K (revenue -48.3% year-over-year).
- 2019: Revenue of $13K, expenses of $38K, and assets of $331K (revenue -11.9% year-over-year).
- 2015: Revenue of $15K, expenses of $32K, and assets of $411K (revenue -8.2% year-over-year).
- 2014: Revenue of $16K, expenses of $32K, and assets of $411K (revenue -50.5% year-over-year).
- 2013: Revenue of $33K, expenses of $30K, and assets of $398K (revenue +122.6% year-over-year).
- 2012: Revenue of $15K, expenses of $29K, and assets of $397K (revenue +110.0% year-over-year).
- 2011: Revenue of $7K, expenses of $27K, and assets of $426K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lois M Gauthier Charitable Tr:
Data Sources and Methodology
This transparency report for Lois M Gauthier Charitable 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.