Louise Goulding Trust Fbo Preach Aid Soc Uw
Louise Goulding Trust consistently maintains asset growth with minimal liabilities and no reported officer compensation.
EIN: 16029683 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $303K |
| Total Expenses | $41K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $599K |
| Transparency Score | 80/100 |
Is Louise Goulding Trust Fbo Preach Aid Soc Uw Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louise Goulding Trust Fbo Preach Aid Soc Uw directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louise Goulding Trust Fbo Preach Aid Soc Uw
Louise Goulding Trust Fbo Preach Aid Soc Uw (EIN: 16029683) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $303K and total assets of $634K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louise Goulding Trust Fbo Preach Aid Soc Uw's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louise Goulding Trust Fbo Preach Aid Soc Uw is a small nonprofit that has been operating for 47 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $41K |
| Surplus / Deficit | +$277 |
| Total Assets | $599K |
| Total Liabilities | $1 |
| Net Assets | $599K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 177.5 months |
Financial Health Grade: A
In 2023, Louise Goulding Trust Fbo Preach Aid Soc Uw reported a surplus of $277 with revenue exceeding expenses, holds 177.5 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 (2019–2023), Louise Goulding Trust Fbo Preach Aid Soc Uw's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.2% | -3.0% | +-0.0% |
| 2022 | -10.6% | -8.8% | +1.7% |
| 2021 | -5.3% | +21.0% | +2.3% |
| 2020 | +55.3% | -6.8% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Louise Goulding Trust Fbo Preach Aid Soc Uw with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Louise Goulding Trust Fbo Preach Aid Soc Uw 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $277, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all five years, indicating that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990, which is highly unusual for an organization with assets nearing $600,000.
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 Louise Goulding Trust Fbo Preach Aid Soc Uw's IRS 990 filings:
- Lack of detailed expense breakdown beyond total expenses
- Unspecified NTEE code, making it difficult to benchmark against peers
- Consistent $1 liability reported across multiple years, which is unusual and may warrant clarification
Strengths
The following positive indicators were identified for Louise Goulding Trust Fbo Preach Aid Soc Uw:
- Consistent asset growth over five years, from $551,791 to $599,478
- Very low liabilities, consistently reported as $1
- No reported officer compensation, indicating high efficiency in leadership costs
- Revenue consistently exceeds expenses, leading to financial stability
Frequently Asked Questions about Louise Goulding Trust Fbo Preach Aid Soc Uw
Is Louise Goulding Trust Fbo Preach Aid Soc Uw a legitimate charity?
Louise Goulding Trust Fbo Preach Aid Soc Uw (EIN: 16029683) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 80/100. It has 5 years of IRS 990 filings on record. Total revenue: $303K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Louise Goulding Trust Fbo Preach Aid Soc Uw spend its money?
Louise Goulding Trust Fbo Preach Aid Soc Uw directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Louise Goulding Trust Fbo Preach Aid Soc Uw tax-deductible?
Louise Goulding Trust Fbo Preach Aid Soc Uw is registered as a tax-exempt nonprofit (EIN: 16029683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Louise Goulding Trust Fbo Preach Aid Soc Uw CEO make?
Louise Goulding Trust Fbo Preach Aid Soc Uw's highest-compensated officer earns $600,000. annually. The organization reported $303K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Louise Goulding Trust Fbo Preach Aid Soc Uw's spending goes to programs?
Louise Goulding Trust Fbo Preach Aid Soc Uw directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Louise Goulding Trust Fbo Preach Aid Soc Uw located?
Louise Goulding Trust Fbo Preach Aid Soc Uw is headquartered in Concord, New Hampshire and files with the IRS under EIN 16029683.
How many years of IRS 990 filings does Louise Goulding Trust Fbo Preach Aid Soc Uw have?
Louise Goulding Trust Fbo Preach Aid Soc Uw 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. The most recent filing shows $303K in total revenue.
What is the specific mission or program activity of the Louise Goulding Trust Fbo Preach Aid Soc Uw?
The provided data does not specify the exact mission or program activities, only that it is a 'Trust Fbo Preach Aid Soc Uw'. Further investigation into its filings or website would be needed to understand its specific charitable purpose.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may be entirely volunteer-run at the executive level, or that compensation is structured in a way that it is not reported as officer compensation on the 990 form. This is a significant factor in its financial efficiency.
What are the primary sources of its revenue?
The data only provides total revenue figures (e.g., $40,807 in 2023). Without a breakdown, it's unclear if revenue comes from investments, donations, grants, or other sources.
What are the detailed expense categories for the organization?
The provided data only shows total expenses (e.g., $40,530 in 2023). A detailed breakdown into program, administrative, and fundraising expenses would be necessary for a comprehensive analysis of spending efficiency.
Filing History
IRS 990 filing history for Louise Goulding Trust Fbo Preach Aid Soc Uw showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Louise Goulding Trust Fbo Preach Aid Soc Uw's revenue has declined by 0.3%, moving from $41K to $41K. Total assets increased by 8.6% over the same period, from $552K to $599K. Total functional expenses fell by 0.2%, from $41K to $41K. In its most recent filing year (2023), Louise Goulding Trust Fbo Preach Aid Soc Uw reported a surplus of $277, with revenue exceeding expenses. The organization holds $1 in liabilities against $599K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $599K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $41K | $599K | $1 | — | — |
| 2022 | $54K | $42K | $600K | $1 | — | View 990 |
| 2021 | $60K | $46K | $590K | $1 | — | — |
| 2020 | $64K | $38K | $576K | $1 | — | — |
| 2019 | $41K | $41K | $552K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $41K, and assets of $599K (revenue -24.2% year-over-year).
- 2022: Revenue of $54K, expenses of $42K, and assets of $600K (revenue -10.6% year-over-year).
- 2021: Revenue of $60K, expenses of $46K, and assets of $590K (revenue -5.3% year-over-year).
- 2020: Revenue of $64K, expenses of $38K, and assets of $576K (revenue +55.3% year-over-year).
- 2019: Revenue of $41K, expenses of $41K, and assets of $552K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louise Goulding Trust Fbo Preach Aid Soc Uw:
Data Sources and Methodology
This transparency report for Louise Goulding Trust Fbo Preach Aid Soc Uw 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.