Margaret G Nesbitt Trust R7292001
EIN: 556021439 · Wheeling, WV · NTEE: T00Z
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $17K |
| Net Assets | $307K |
Is Margaret G Nesbitt Trust R7292001 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Margaret G Nesbitt Trust R7292001
Margaret G Nesbitt Trust R7292001 (EIN: 556021439) is a nonprofit organization based in Wheeling, WV, classified under NTEE code T00Z. The organization reported total revenue of $41K and total assets of $315K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Margaret G Nesbitt Trust R7292001's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Margaret G Nesbitt Trust R7292001 is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $17K |
| Surplus / Deficit | $-786 |
| Total Assets | $307K |
| Total Liabilities | $1 |
| Net Assets | $307K |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 222.5 months |
Financial Health Grade: B
In 2023, Margaret G Nesbitt Trust R7292001 reported a deficit of $786 with expenses exceeding revenue, holds 222.5 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), Margaret G Nesbitt Trust R7292001's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +329.7% | -10.7% | -0.1% |
| 2022 | -88.7% | +14.2% | -4.6% |
| 2021 | +81.0% | +2.5% | +5.3% |
| 2020 | +22.5% | +0.8% | +0.7% |
| 2019 | -58.1% | -15.3% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Margaret G Nesbitt Trust R7292001 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 Margaret G Nesbitt Trust R7292001 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 $786, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Margaret G Nesbitt Trust R7292001
Is Margaret G Nesbitt Trust R7292001 a legitimate charity?
Margaret G Nesbitt Trust R7292001 (EIN: 556021439) is a registered tax-exempt nonprofit based in West Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $41K. No red flags identified. Financial health grade: B.
How does Margaret G Nesbitt Trust R7292001 spend its money?
Margaret G Nesbitt Trust R7292001 reported $41K 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 Margaret G Nesbitt Trust R7292001 tax-deductible?
Margaret G Nesbitt Trust R7292001 is registered as a tax-exempt nonprofit (EIN: 556021439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Margaret G Nesbitt Trust R7292001 located?
Margaret G Nesbitt Trust R7292001 is headquartered in Wheeling, West Virginia and files with the IRS under EIN 556021439. It is classified under NTEE code T00Z.
How many years of IRS 990 filings does Margaret G Nesbitt Trust R7292001 have?
Margaret G Nesbitt Trust R7292001 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 $41K in total revenue.
Filing History
IRS 990 filing history for Margaret G Nesbitt Trust R7292001 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Margaret G Nesbitt Trust R7292001's revenue has declined by 32.9%, moving from $24K to $16K. Total assets increased by 12.1% over the same period, from $274K to $307K. Total functional expenses rose by 8.2%, from $15K to $17K. In its most recent filing year (2023), Margaret G Nesbitt Trust R7292001 reported a deficit of $786, with expenses exceeding revenue. The organization holds $1 in liabilities against $307K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $307K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $17K | $307K | $1 | — | — |
| 2022 | $4K | $19K | $308K | $1 | — | — |
| 2021 | $32K | $16K | $323K | $1 | — | — |
| 2020 | $18K | $16K | $306K | $1 | — | View 990 |
| 2019 | $15K | $16K | $304K | $1 | — | View 990 |
| 2015 | $35K | $19K | $297K | $1 | — | View 990 |
| 2014 | $30K | $18K | $283K | $2K | — | View 990 |
| 2013 | $16K | $16K | $269K | $0 | — | View 990 |
| 2012 | $10K | $16K | $269K | $0 | — | View 990 |
| 2011 | $24K | $15K | $274K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $17K, and assets of $307K (revenue +329.7% year-over-year).
- 2022: Revenue of $4K, expenses of $19K, and assets of $308K (revenue -88.7% year-over-year).
- 2021: Revenue of $32K, expenses of $16K, and assets of $323K (revenue +81.0% year-over-year).
- 2020: Revenue of $18K, expenses of $16K, and assets of $306K (revenue +22.5% year-over-year).
- 2019: Revenue of $15K, expenses of $16K, and assets of $304K (revenue -58.1% year-over-year).
- 2015: Revenue of $35K, expenses of $19K, and assets of $297K (revenue +17.3% year-over-year).
- 2014: Revenue of $30K, expenses of $18K, and assets of $283K (revenue +86.2% year-over-year).
- 2013: Revenue of $16K, expenses of $16K, and assets of $269K (revenue +52.1% year-over-year).
- 2012: Revenue of $10K, expenses of $16K, and assets of $269K (revenue -55.4% year-over-year).
- 2011: Revenue of $24K, expenses of $15K, and assets of $274K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Margaret G Nesbitt Trust R7292001:
Data Sources and Methodology
This transparency report for Margaret G Nesbitt Trust R7292001 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.