Marjorie F Campbell Educational Trust
Marjorie F Campbell Educational Trust consistently spends more than it earns, leading to declining assets.
EIN: 106006537 · Sanford, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $17K |
| Program Spending | 90% |
| Net Assets | $120K |
| Transparency Score | 65/100 |
Is Marjorie F Campbell Educational Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marjorie F Campbell Educational Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marjorie F Campbell Educational Trust
Marjorie F Campbell Educational Trust (EIN: 106006537) is a nonprofit organization based in Sanford, ME, classified under NTEE code B82. The organization reported total revenue of $16K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marjorie F Campbell Educational Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marjorie F Campbell Educational Trust is a micro nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $17K |
| Surplus / Deficit | $-9,426 |
| Total Assets | $120K |
| Total Liabilities | $1 |
| Net Assets | $120K |
| Operating Margin | -132.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 87.1 months |
Financial Health Grade: B
In 2023, Marjorie F Campbell Educational Trust reported a deficit of $9K with expenses exceeding revenue, holds 87.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Marjorie F Campbell Educational Trust's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.6% | -5.1% | -5.5% |
| 2022 | +453.4% | +9.8% | -9.9% |
| 2020 | -352.0% | +46.7% | -16.0% |
| 2019 | +25.7% | -22.3% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Marjorie F Campbell Educational Trust with a Mission Score of 65 out of 100 (Good). 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, Marjorie F Campbell Educational Trust 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which is typical for very small trusts.
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 Marjorie F Campbell Educational Trust's IRS 990 filings:
- Consistent operational deficits, with expenses regularly exceeding revenue (e.g., $16,554 expenses vs. $7,128 revenue in 2023).
- Significant decline in assets over time, from $256,104 in 2012 to $120,196 in 2023, indicating an unsustainable spending pattern.
- Negative revenue reported in 2020 ($-17,864), which warrants further investigation into its cause.
Strengths
The following positive indicators were identified for Marjorie F Campbell Educational Trust:
- Zero officer compensation reported across all filings, suggesting a volunteer-driven or highly cost-efficient leadership structure.
- Low liabilities, consistently reported as $0 or $1, indicating minimal debt burden.
Frequently Asked Questions about Marjorie F Campbell Educational Trust
Is Marjorie F Campbell Educational Trust a legitimate charity?
Marjorie F Campbell Educational Trust (EIN: 106006537) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $16K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Marjorie F Campbell Educational Trust spend its money?
Marjorie F Campbell Educational Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Marjorie F Campbell Educational Trust tax-deductible?
Marjorie F Campbell Educational Trust is registered as a tax-exempt nonprofit (EIN: 106006537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Marjorie F Campbell Educational Trust compare to similar nonprofits?
With a transparency score of 65/100 (Good), Marjorie F Campbell Educational Trust is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marjorie F Campbell Educational Trust located?
Marjorie F Campbell Educational Trust is headquartered in Sanford, Maine and files with the IRS under EIN 106006537. It is classified under NTEE code B82.
How many years of IRS 990 filings does Marjorie F Campbell Educational Trust have?
Marjorie F Campbell Educational Trust has 11 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 $16K in total revenue.
How does the Trust sustain its operations given consistent revenue deficits?
The Trust has been drawing down its assets to cover expenses, as evidenced by the decline from $256,104 in 2012 to $120,196 in 2023. This is not a sustainable long-term model without new significant revenue sources.
What specific educational programs does the Trust support?
The provided data does not detail specific programs. Further investigation into their public filings or website would be necessary to understand their programmatic activities.
What is the source of the Trust's revenue?
The provided data only shows total revenue. For a detailed breakdown (e.g., investments, donations), one would need to examine the full IRS Form 990 filings.
Filing History
IRS 990 filing history for Marjorie F Campbell Educational Trust showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Marjorie F Campbell Educational Trust's revenue has declined by 73.7%, moving from $27K to $7K. Total assets decreased by 54.4% over the same period, from $263K to $120K. Total functional expenses fell by 44.4%, from $30K to $17K. In its most recent filing year (2023), Marjorie F Campbell Educational Trust reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $120K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $17K | $120K | $1 | — | — |
| 2022 | $10K | $17K | $127K | $1 | — | View 990 |
| 2021 | $2K | $16K | $141K | $1 | — | View 990 |
| 2020 | $-17,864 | $19K | $136K | $1 | — | View 990 |
| 2019 | $7K | $13K | $162K | $0 | — | View 990 |
| 2018 | $6K | $17K | $142K | $0 | — | View 990 |
| 2015 | $8K | $20K | $186K | $0 | — | View 990 |
| 2014 | $3K | $21K | $223K | $0 | — | View 990 |
| 2013 | $17K | $26K | $248K | $0 | — | View 990 |
| 2012 | $24K | $26K | $256K | $0 | — | View 990 |
| 2011 | $27K | $30K | $263K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $17K, and assets of $120K (revenue -26.6% year-over-year).
- 2022: Revenue of $10K, expenses of $17K, and assets of $127K (revenue +453.4% year-over-year).
- 2021: Revenue of $2K, expenses of $16K, and assets of $141K.
- 2020: Revenue of $-17,864, expenses of $19K, and assets of $136K (revenue -352.0% year-over-year).
- 2019: Revenue of $7K, expenses of $13K, and assets of $162K (revenue +25.7% year-over-year).
- 2018: Revenue of $6K, expenses of $17K, and assets of $142K (revenue -26.9% year-over-year).
- 2015: Revenue of $8K, expenses of $20K, and assets of $186K (revenue +165.7% year-over-year).
- 2014: Revenue of $3K, expenses of $21K, and assets of $223K (revenue -83.3% year-over-year).
- 2013: Revenue of $17K, expenses of $26K, and assets of $248K (revenue -28.8% year-over-year).
- 2012: Revenue of $24K, expenses of $26K, and assets of $256K (revenue -9.9% year-over-year).
- 2011: Revenue of $27K, expenses of $30K, and assets of $263K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marjorie F Campbell Educational Trust:
Data Sources and Methodology
This transparency report for Marjorie F Campbell Educational 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.