Madge May Vincent Charitable Testamentary Trust
EIN: 736178781 · Oklahoma City, OK
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $58K |
| Net Assets | $234K |
Is Madge May Vincent Charitable Testamentary Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madge May Vincent Charitable Testamentary Trust
Madge May Vincent Charitable Testamentary Trust (EIN: 736178781) is a nonprofit organization based in Oklahoma City, OK. The organization reported total revenue of $62K and total assets of $229K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madge May Vincent Charitable Testamentary Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madge May Vincent Charitable Testamentary Trust is a micro nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $58K |
| Surplus / Deficit | $-18,833 |
| Total Assets | $234K |
| Total Liabilities | $1 |
| Net Assets | $234K |
| Operating Margin | -47.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 48.2 months |
Financial Health Grade: B
In 2023, Madge May Vincent Charitable Testamentary Trust reported a deficit of $19K with expenses exceeding revenue, holds 48.2 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), Madge May Vincent Charitable Testamentary Trust's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.9% | +0.6% | -4.8% |
| 2022 | -26.0% | +1.4% | +3.7% |
| 2021 | +83.0% | +9.2% | +8.7% |
| 2020 | -53.9% | -43.6% | -4.7% |
| 2019 | +282.9% | +2119.4% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madge May Vincent Charitable Testamentary Trust 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 Madge May Vincent Charitable Testamentary Trust 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 deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Madge May Vincent Charitable Testamentary Trust
Is Madge May Vincent Charitable Testamentary Trust a legitimate charity?
Madge May Vincent Charitable Testamentary Trust (EIN: 736178781) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $62K. No red flags identified. Financial health grade: B.
How does Madge May Vincent Charitable Testamentary Trust spend its money?
Madge May Vincent Charitable Testamentary Trust reported $62K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Madge May Vincent Charitable Testamentary Trust tax-deductible?
Madge May Vincent Charitable Testamentary Trust is registered as a tax-exempt nonprofit (EIN: 736178781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madge May Vincent Charitable Testamentary Trust located?
Madge May Vincent Charitable Testamentary Trust is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 736178781.
How many years of IRS 990 filings does Madge May Vincent Charitable Testamentary Trust have?
Madge May Vincent Charitable Testamentary Trust 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 $62K in total revenue.
Filing History
IRS 990 filing history for Madge May Vincent Charitable Testamentary Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Madge May Vincent Charitable Testamentary Trust's revenue has grown by 72%, moving from $23K to $39K. Total assets increased by 11.6% over the same period, from $210K to $234K. Total functional expenses rose by 214.5%, from $19K to $58K. In its most recent filing year (2023), Madge May Vincent Charitable Testamentary Trust reported a deficit of $19K, with expenses exceeding revenue. The organization holds $1 in liabilities against $234K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $234K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $58K | $234K | $1 | — | — |
| 2022 | $56K | $58K | $246K | $1 | — | — |
| 2021 | $76K | $57K | $237K | $1 | — | — |
| 2020 | $42K | $52K | $218K | $1 | — | View 990 |
| 2019 | $90K | $93K | $229K | $1 | — | View 990 |
| 2015 | $24K | $4K | $245K | $1 | — | View 990 |
| 2014 | $25K | $19K | $225K | $1 | — | View 990 |
| 2013 | $26K | $18K | $220K | $0 | — | View 990 |
| 2012 | $23K | $20K | $211K | $0 | — | View 990 |
| 2011 | $23K | $19K | $210K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $58K, and assets of $234K (revenue -29.9% year-over-year).
- 2022: Revenue of $56K, expenses of $58K, and assets of $246K (revenue -26.0% year-over-year).
- 2021: Revenue of $76K, expenses of $57K, and assets of $237K (revenue +83.0% year-over-year).
- 2020: Revenue of $42K, expenses of $52K, and assets of $218K (revenue -53.9% year-over-year).
- 2019: Revenue of $90K, expenses of $93K, and assets of $229K (revenue +282.9% year-over-year).
- 2015: Revenue of $24K, expenses of $4K, and assets of $245K (revenue -7.6% year-over-year).
- 2014: Revenue of $25K, expenses of $19K, and assets of $225K (revenue -1.7% year-over-year).
- 2013: Revenue of $26K, expenses of $18K, and assets of $220K (revenue +13.4% year-over-year).
- 2012: Revenue of $23K, expenses of $20K, and assets of $211K (revenue -0.3% year-over-year).
- 2011: Revenue of $23K, expenses of $19K, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madge May Vincent Charitable Testamentary Trust:
Data Sources and Methodology
This transparency report for Madge May Vincent Charitable Testamentary 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.