Louise Knapp Curtis Memorial Tr

Louise Knapp Curtis Memorial Tr maintains strong assets and low expenses, with no officer compensation reported.

EIN: 16015944 · Camden, ME · Updated: 2026-03-28

$41KRevenue

$530KAssets

95/100Mission Score (Excellent)

Is Louise Knapp Curtis Memorial Tr 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 →

Louise Knapp Curtis Memorial Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Louise Knapp Curtis Memorial Tr

Louise Knapp Curtis Memorial Tr (EIN: 16015944) is a nonprofit organization based in Camden, ME. The organization reported total revenue of $41K and total assets of $530K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louise Knapp Curtis Memorial Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Louise Knapp Curtis Memorial Tr appears to be a small, well-managed organization with a consistent financial history. While the latest filing (202312) shows negative revenue of $-85, this is an anomaly, as prior years consistently show positive revenue, such as $5,412 in 2022 and $34,756 in 2021. The organization maintains a healthy asset base, with $508,859 in assets as of 2023, significantly exceeding its annual expenses, which have consistently been around $20,000-$23,000 over the past decade. This indicates strong financial stability and the ability to cover operational costs.

Spending efficiency is high, as the organization reports 0% officer compensation across all available filings, suggesting a volunteer-driven or very lean operational model. With no liabilities reported in any of the filings, the organization demonstrates excellent fiscal responsibility. The consistent asset growth over the long term, from $407,205 in 2014 to over $500,000 in recent years, further underscores its financial health.

Transparency is excellent, with a clear history of IRS 990 filings and no reported liabilities or officer compensation, simplifying financial analysis. The consistent reporting of minimal expenses relative to assets suggests that the trust is likely focused on its stated purpose, though without an NTEE code, the specific program activities are not detailed in the provided data. However, the financial data points to a highly efficient and financially sound operation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Louise Knapp Curtis Memorial Tr 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Louise Knapp Curtis Memorial Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers or has a very lean, unpaid leadership structure, which is highly efficient for an organization of its size with annual expenses around $20,000.

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 Knapp Curtis Memorial Tr's IRS 990 filings:

NTEE Code is unknown, making it difficult to assess specific programmatic alignment without additional information.
Negative revenue reported in the latest filing (202312) is an anomaly that warrants further investigation, though it is a small amount.

Strengths

The following positive indicators were identified for Louise Knapp Curtis Memorial Tr:

Strong asset base ($508,859 in 2023) significantly exceeding annual expenses.
Consistently low annual expenses (around $20,000-$23,000) demonstrating high operational efficiency.
0% officer compensation reported across all filings, indicating a volunteer-driven or highly lean leadership.
No reported liabilities, reflecting excellent financial management and fiscal responsibility.
Consistent history of IRS 990 filings, indicating good transparency.

Frequently Asked Questions about Louise Knapp Curtis Memorial Tr

Is Louise Knapp Curtis Memorial Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Louise Knapp Curtis Memorial Tr (EIN: 16015944) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

How does Louise Knapp Curtis Memorial Tr spend its money?

Louise Knapp Curtis Memorial Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Louise Knapp Curtis Memorial Tr tax-deductible?

Louise Knapp Curtis Memorial Tr is registered as a tax-exempt nonprofit (EIN: 16015944). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Louise Knapp Curtis Memorial Tr a good charity?

Based on the financial data, the organization appears to be a very good charity. It demonstrates strong financial health with significant assets ($508,859 in 2023) relative to its low expenses ($23,315 in 2023), no reported liabilities, and 0% officer compensation, indicating high efficiency and a focus on its mission.

How does the organization manage its expenses?

The organization manages its expenses very efficiently, consistently keeping them around $20,000-$23,000 annually over the past decade. The absence of officer compensation further highlights its lean operational model.

What is the financial stability of the organization?

The organization exhibits strong financial stability, with assets consistently over $400,000 and reaching $508,859 in 2023, significantly outweighing its annual expenses. It also reports no liabilities, indicating a very healthy balance sheet.

Why was there negative revenue in 2023?

The negative revenue of $-85 in 202312 is an unusual occurrence. Without further detail, it could be due to a temporary accounting adjustment, a return of funds, or a minor reporting error, as all prior years show positive revenue.

Filing History

IRS 990 filing history for Louise Knapp Curtis Memorial Tr showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Louise Knapp Curtis Memorial Tr's revenue has declined by 100.7%, moving from $13K to $-85. Total assets increased by 25.7% over the same period, from $405K to $509K. Total functional expenses rose by 2.6%, from $23K to $23K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$-85	$23K	$509K	$0	—	—
2022	$5K	$23K	$475K	$0	—	—
2021	$35K	$23K	$577K	$0	—	—
2020	$26K	$22K	$528K	$0	—	View 990
2019	$21K	$21K	$493K	$0	—	View 990
2018	$16K	$21K	$431K	$0	—	View 990
2017	$14K	$21K	$423K	$0	—	View 990
2016	$9K	$21K	$429K	$0	—	View 990
2015	$55K	$21K	$442K	$0	—	View 990
2014	$25K	$21K	$407K	$0	—	View 990
2013	$17K	$21K	$404K	$0	—	View 990
2012	$23K	$20K	$407K	$93	—	View 990
2011	$13K	$23K	$405K	$231	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $-85, expenses of $23K, and assets of $509K (revenue -101.6% year-over-year).
2022: Revenue of $5K, expenses of $23K, and assets of $475K (revenue -84.4% year-over-year).
2021: Revenue of $35K, expenses of $23K, and assets of $577K (revenue +33.3% year-over-year).
2020: Revenue of $26K, expenses of $22K, and assets of $528K (revenue +25.0% year-over-year).
2019: Revenue of $21K, expenses of $21K, and assets of $493K (revenue +33.3% year-over-year).
2018: Revenue of $16K, expenses of $21K, and assets of $431K (revenue +9.1% year-over-year).
2017: Revenue of $14K, expenses of $21K, and assets of $423K (revenue +62.2% year-over-year).
2016: Revenue of $9K, expenses of $21K, and assets of $429K (revenue -84.0% year-over-year).
2015: Revenue of $55K, expenses of $21K, and assets of $442K (revenue +123.2% year-over-year).
2014: Revenue of $25K, expenses of $21K, and assets of $407K (revenue +46.9% year-over-year).
2013: Revenue of $17K, expenses of $21K, and assets of $404K (revenue -26.8% year-over-year).
2012: Revenue of $23K, expenses of $20K, and assets of $407K (revenue +83.3% year-over-year).
2011: Revenue of $13K, expenses of $23K, and assets of $405K.

Data Sources and Methodology

This transparency report for Louise Knapp Curtis Memorial 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.