Margaret Head Schelke Trust 3315 C02 1206768
Margaret Head Schelke Trust maintains stable assets despite fluctuating revenue and consistent expense outflows.
EIN: 136340283 · Wilmington, DE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $26K |
| Net Assets | $311K |
| Transparency Score | 40/100 |
Is Margaret Head Schelke Trust 3315 C02 1206768 Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Margaret Head Schelke Trust 3315 C02 1206768
Margaret Head Schelke Trust 3315 C02 1206768 (EIN: 136340283) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $187K and total assets of $318K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Margaret Head Schelke Trust 3315 C02 1206768's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Margaret Head Schelke Trust 3315 C02 1206768 is a small nonprofit, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $26K |
| Surplus / Deficit | $-16,212 |
| Total Assets | $311K |
| Total Liabilities | $1 |
| Net Assets | $311K |
| Operating Margin | -174.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.3 months |
Financial Health Grade: B
In 2023, Margaret Head Schelke Trust 3315 C02 1206768 reported a deficit of $16K with expenses exceeding revenue, holds 146.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Margaret Head Schelke Trust 3315 C02 1206768's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -117.4% | +37.7% | -16.2% |
| 2021 | +598.7% | +16.8% | +25.5% |
| 2020 | -27.6% | -3.6% | +10.3% |
| 2015 | -24.8% | +40.3% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Margaret Head Schelke Trust 3315 C02 1206768 with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Margaret Head Schelke Trust 3315 C02 1206768 allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating no executive salaries are paid, which is highly efficient for a trust of this size.
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 Margaret Head Schelke Trust 3315 C02 1206768's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin) in provided data
- Negative revenue reported in some years (e.g., -$18,944 in 2022)
- Unknown NTEE code, hindering understanding of charitable purpose
Strengths
The following positive indicators were identified for Margaret Head Schelke Trust 3315 C02 1206768:
- Consistent asset base, demonstrating financial stability (e.g., $311,126 in 2023)
- 0% officer compensation reported across all filings, indicating no executive salary overhead
- Low liabilities ($1 in recent years), suggesting minimal debt
Frequently Asked Questions about Margaret Head Schelke Trust 3315 C02 1206768
Is Margaret Head Schelke Trust 3315 C02 1206768 a legitimate charity?
Margaret Head Schelke Trust 3315 C02 1206768 (EIN: 136340283) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 40/100. It has 9 years of IRS 990 filings on record. Total revenue: $187K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Margaret Head Schelke Trust 3315 C02 1206768 spend its money?
Margaret Head Schelke Trust 3315 C02 1206768 reported $187K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Margaret Head Schelke Trust 3315 C02 1206768 tax-deductible?
Margaret Head Schelke Trust 3315 C02 1206768 is registered as a tax-exempt nonprofit (EIN: 136340283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Margaret Head Schelke Trust 3315 C02 1206768 located?
Margaret Head Schelke Trust 3315 C02 1206768 is headquartered in Wilmington, Delaware and files with the IRS under EIN 136340283.
How many years of IRS 990 filings does Margaret Head Schelke Trust 3315 C02 1206768 have?
Margaret Head Schelke Trust 3315 C02 1206768 has 9 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 $187K in total revenue.
What is the specific mission or purpose of the Margaret Head Schelke Trust?
The provided data does not specify the mission or NTEE code, making it impossible to determine the trust's specific charitable purpose.
Why does the trust report negative revenue in some years, such as -$18,944 in 2022?
Negative revenue typically indicates investment losses or significant returns of capital, which can occur with investment-holding trusts or foundations.
What are the primary categories of expenses for the trust?
The provided IRS 990 data only shows total expenses, not a breakdown into program, administrative, or fundraising costs, making it difficult to assess spending allocation.
Filing History
IRS 990 filing history for Margaret Head Schelke Trust 3315 C02 1206768 showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Margaret Head Schelke Trust 3315 C02 1206768's revenue has declined by 17.8%, moving from $11K to $9K. Total assets increased by 10.3% over the same period, from $282K to $311K. Total functional expenses rose by 90.4%, from $13K to $26K. In its most recent filing year (2023), Margaret Head Schelke Trust 3315 C02 1206768 reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $311K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $311K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $26K | $311K | $1 | — | — |
| 2022 | $-18,944 | $41K | $324K | $1 | — | View 990 |
| 2021 | $109K | $30K | $387K | $1 | — | — |
| 2020 | $16K | $25K | $308K | $1 | — | — |
| 2015 | $21K | $26K | $280K | $0 | — | View 990 |
| 2014 | $29K | $19K | $285K | $0 | — | View 990 |
| 2013 | $15K | $11K | $275K | $0 | — | View 990 |
| 2012 | $12K | $23K | $271K | $0 | — | View 990 |
| 2011 | $11K | $13K | $282K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9K, expenses of $26K, and assets of $311K.
- 2022: Revenue of $-18,944, expenses of $41K, and assets of $324K (revenue -117.4% year-over-year).
- 2021: Revenue of $109K, expenses of $30K, and assets of $387K (revenue +598.7% year-over-year).
- 2020: Revenue of $16K, expenses of $25K, and assets of $308K (revenue -27.6% year-over-year).
- 2015: Revenue of $21K, expenses of $26K, and assets of $280K (revenue -24.8% year-over-year).
- 2014: Revenue of $29K, expenses of $19K, and assets of $285K (revenue +96.5% year-over-year).
- 2013: Revenue of $15K, expenses of $11K, and assets of $275K (revenue +26.1% year-over-year).
- 2012: Revenue of $12K, expenses of $23K, and assets of $271K (revenue +2.0% year-over-year).
- 2011: Revenue of $11K, expenses of $13K, and assets of $282K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Margaret Head Schelke Trust 3315 C02 1206768:
Data Sources and Methodology
This transparency report for Margaret Head Schelke Trust 3315 C02 1206768 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.