Loring Wolcott & Coolidge Charitable Tr I
EIN: 476280494 · Boston, MA · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $3.5M |
Is Loring Wolcott & Coolidge Charitable Tr I Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Loring Wolcott & Coolidge Charitable Tr I
Loring Wolcott & Coolidge Charitable Tr I (EIN: 476280494) is a nonprofit organization based in Boston, MA, classified under NTEE code T99. The organization reported total revenue of $8.0M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loring Wolcott & Coolidge Charitable Tr I's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loring Wolcott & Coolidge Charitable Tr I is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$0 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Loring Wolcott & Coolidge Charitable Tr I reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.5% | -18.5% | — |
| 2022 | +0.1% | +0.1% | -100.0% |
| 2021 | +17.4% | +17.4% | +59.7% |
| 2020 | +4.2% | +4.2% | — |
| 2019 | +27.9% | +27.9% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Loring Wolcott & Coolidge Charitable Tr I has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Loring Wolcott & Coolidge Charitable Tr I with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Frequently Asked Questions about Loring Wolcott & Coolidge Charitable Tr I
Is Loring Wolcott & Coolidge Charitable Tr I a legitimate charity?
Based on AI analysis of IRS 990 filings, Loring Wolcott & Coolidge Charitable Tr I (EIN: 476280494) insufficient data. 0 red flags identified, 0 strengths noted.
How does Loring Wolcott & Coolidge Charitable Tr I spend its money?
Detailed spending breakdown data is not yet available for Loring Wolcott & Coolidge Charitable Tr I. Check back for updated IRS 990 analysis.
Are donations to Loring Wolcott & Coolidge Charitable Tr I tax-deductible?
Loring Wolcott & Coolidge Charitable Tr I is registered as a tax-exempt nonprofit (EIN: 476280494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Loring Wolcott & Coolidge Charitable Tr I located?
Loring Wolcott & Coolidge Charitable Tr I is headquartered in Boston, Massachusetts and files with the IRS under EIN 476280494. It is classified under NTEE code T99.
How many years of IRS 990 filings does Loring Wolcott & Coolidge Charitable Tr I have?
Loring Wolcott & Coolidge Charitable Tr I 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 $8.0M in total revenue.
Filing History
IRS 990 filing history for Loring Wolcott & Coolidge Charitable Tr I showing financial trends over 10 years of public records:
Total assets decreased by 100% over the same period, from $1 to $0. In its most recent filing year (2023), Loring Wolcott & Coolidge Charitable Tr I reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.5M | $0 | $0 | — | View 990 |
| 2022 | $4.3M | $4.3M | $0 | $0 | — | View 990 |
| 2021 | $4.3M | $4.3M | $103K | $103K | — | View 990 |
| 2020 | $3.6M | $3.6M | $65K | $65K | — | View 990 |
| 2019 | $3.5M | $3.5M | $0 | $0 | — | View 990 |
| 2018 | $2.7M | $2.7M | $0 | $0 | — | View 990 |
| 2017 | $2.2M | $2.2M | $17K | $17K | — | View 990 |
| 2016 | $3.2M | $3.2M | $0 | $0 | — | View 990 |
| 2015 | $692K | $692K | $0 | $0 | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.5M, and assets of $0 (revenue -18.5% year-over-year).
- 2022: Revenue of $4.3M, expenses of $4.3M, and assets of $0 (revenue +0.1% year-over-year).
- 2021: Revenue of $4.3M, expenses of $4.3M, and assets of $103K (revenue +17.4% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.6M, and assets of $65K (revenue +4.2% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.5M, and assets of $0 (revenue +27.9% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.7M, and assets of $0 (revenue +22.9% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $17K (revenue -30.7% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.2M, and assets of $0 (revenue +363.5% year-over-year).
- 2015: Revenue of $692K, expenses of $692K, and assets of $0.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loring Wolcott & Coolidge Charitable Tr I:
Data Sources and Methodology
This transparency report for Loring Wolcott & Coolidge Charitable Tr I 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.