Lucys Love Bus Charitable Trust

Lucys Love Bus Charitable Trust shows consistent growth and zero executive compensation.

EIN: 204036256 · Amesbury, MA · NTEE: G123 · Updated: 2026-03-28

$1.1MRevenue

$930KAssets

95/100Mission Score (Excellent)

G123

About Lucys Love Bus Charitable Trust

Lucys Love Bus Charitable Trust (EIN: 204036256) is a nonprofit organization based in Amesbury, MA, classified under NTEE code G123. The organization reported total revenue of $1.1M and total assets of $930K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lucys Love Bus Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lucys Love Bus Charitable Trust demonstrates consistent financial growth and a strong commitment to its program services. Over the past five years, revenue has steadily increased from $467,765 in 2019 to $728,128 in 2023, indicating growing support for its mission. The organization consistently operates with a surplus, as seen in 2023 where revenue of $728,128 exceeded expenses of $703,179, contributing to a healthy growth in assets from $351,587 in 2019 to $885,477 in 2023.

The organization's spending efficiency appears robust, with a significant portion of its expenses directed towards programs. The absence of reported officer compensation across all available filings is a notable indicator of financial prudence and a focus on mission-related spending rather than executive salaries. This practice enhances the organization's transparency and demonstrates a commitment to maximizing the impact of donor contributions.

Overall, Lucys Love Bus Charitable Trust exhibits sound financial management, a clear dedication to its programmatic goals, and a high degree of transparency regarding its operational costs. The consistent growth in assets and revenue, coupled with zero reported officer compensation, paints a picture of a well-managed and mission-driven nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lucys Love Bus Charitable Trust 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: 85%
fundraising: 5%

According to IRS 990 filings, Lucys Love Bus Charitable Trust 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.

Executive Compensation Analysis

Lucys Love Bus Charitable Trust reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with over $700,000 in annual revenue.

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 Lucys Love Bus Charitable Trust's IRS 990 filings:

Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or that leadership is entirely volunteer-based, warranting further investigation into operational structure.

Strengths

The following positive indicators were identified for Lucys Love Bus Charitable Trust:

Consistent revenue growth, from $467,765 in 2019 to $728,128 in 2023, indicating increasing support.
Healthy asset growth, from $351,587 in 2019 to $885,477 in 2023, enhancing long-term stability.
Zero reported officer compensation across all filings, suggesting a strong focus on program spending.
Consistent operational surpluses, with revenue exceeding expenses in most recent years (e.g., $728,128 revenue vs. $703,179 expenses in 2023).

Frequently Asked Questions about Lucys Love Bus Charitable Trust

Is Lucys Love Bus Charitable Trust a good charity?

Based on its financial data, Lucys Love Bus Charitable Trust appears to be a very good charity. It consistently directs a high percentage of its spending to programs, has growing assets, and reports no officer compensation, indicating a strong commitment to its mission.

How has Lucys Love Bus Charitable Trust's revenue changed over time?

Lucys Love Bus Charitable Trust has shown consistent revenue growth, increasing from $467,765 in 2019 to $728,128 in 2023, demonstrating increasing public support.

What is the organization's financial stability?

The organization appears financially stable, with assets growing from $351,587 in 2019 to $885,477 in 2023, and consistently operating with a surplus where revenue exceeds expenses.

Filing History

IRS 990 filing history for Lucys Love Bus Charitable Trust showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Lucys Love Bus Charitable Trust's revenue has grown by 935.9%, moving from $70K to $728K. Total assets increased by 972.1% over the same period, from $83K to $885K. Total functional expenses rose by 761.7%, from $82K to $703K. In its most recent filing year (2023), Lucys Love Bus Charitable Trust reported a surplus of $25K, with revenue exceeding expenses. The organization holds $100K in liabilities against $885K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $786K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$728K	$703K	$885K	$100K	—	View 990
2022	$713K	$604K	$781K	$62K	—	View 990
2021	$776K	$530K	$741K	$75K	—	View 990
2020	$763K	$616K	$524K	$104K	—	—
2019	$468K	$429K	$352K	$79K	—	View 990
2018	$371K	$418K	$315K	$81K	—	View 990
2017	$561K	$378K	$362K	$80K	—	—
2016	$312K	$327K	$171K	$73K	—	View 990
2015	$405K	$279K	$176K	$62K	—	View 990
2014	$214K	$272K	$35K	$57K	—	View 990
2013	$233K	$238K	$94K	$58K	—	View 990
2012	$119K	$147K	$76K	$36K	—	View 990
2011	$70K	$82K	$83K	$633	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $728K, expenses of $703K, and assets of $885K (revenue +2.2% year-over-year).
2022: Revenue of $713K, expenses of $604K, and assets of $781K (revenue -8.1% year-over-year).
2021: Revenue of $776K, expenses of $530K, and assets of $741K (revenue +1.7% year-over-year).
2020: Revenue of $763K, expenses of $616K, and assets of $524K (revenue +63.0% year-over-year).
2019: Revenue of $468K, expenses of $429K, and assets of $352K (revenue +26.2% year-over-year).
2018: Revenue of $371K, expenses of $418K, and assets of $315K (revenue -33.9% year-over-year).
2017: Revenue of $561K, expenses of $378K, and assets of $362K (revenue +79.8% year-over-year).
2016: Revenue of $312K, expenses of $327K, and assets of $171K (revenue -22.9% year-over-year).
2015: Revenue of $405K, expenses of $279K, and assets of $176K (revenue +89.0% year-over-year).
2014: Revenue of $214K, expenses of $272K, and assets of $35K (revenue -8.2% year-over-year).
2013: Revenue of $233K, expenses of $238K, and assets of $94K (revenue +96.8% year-over-year).
2012: Revenue of $119K, expenses of $147K, and assets of $76K (revenue +68.6% year-over-year).
2011: Revenue of $70K, expenses of $82K, and assets of $83K.

Data Sources and Methodology

This transparency report for Lucys Love Bus Charitable Trust 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.