Martha Seeser Verfaillie Trust
EIN: 426275075 · Clinton, IA
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $3K |
| Net Assets | $48K |
Is Martha Seeser Verfaillie Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Martha Seeser Verfaillie Trust
Martha Seeser Verfaillie Trust (EIN: 426275075) is a nonprofit organization based in Clinton, IA. The organization reported total revenue of $2K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martha Seeser Verfaillie Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martha Seeser Verfaillie Trust is a micro nonprofit that has been operating for 49 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $3K |
| Surplus / Deficit | $-1,425 |
| Total Assets | $48K |
| Total Liabilities | $1 |
| Net Assets | $48K |
| Operating Margin | -104.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 204.8 months |
Financial Health Grade: B
In 2024, Martha Seeser Verfaillie Trust reported a deficit of $1K with expenses exceeding revenue, holds 204.8 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 (2012–2024), Martha Seeser Verfaillie Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.3% | -13.1% | -2.9% |
| 2023 | -7.5% | -3.8% | -3.3% |
| 2022 | -24.3% | +17.1% | -3.2% |
| 2021 | +11.2% | -17.2% | -1.3% |
| 2020 | -3.1% | -8.8% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Martha Seeser Verfaillie 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 Martha Seeser Verfaillie 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Martha Seeser Verfaillie Trust
Is Martha Seeser Verfaillie Trust a legitimate charity?
Martha Seeser Verfaillie Trust (EIN: 426275075) is a registered tax-exempt nonprofit based in Iowa. It has 10 years of IRS 990 filings on record. Total revenue: $2K. No red flags identified. Financial health grade: B.
How does Martha Seeser Verfaillie Trust spend its money?
Martha Seeser Verfaillie Trust reported $2K 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 Martha Seeser Verfaillie Trust tax-deductible?
Martha Seeser Verfaillie Trust is registered as a tax-exempt nonprofit (EIN: 426275075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Martha Seeser Verfaillie Trust located?
Martha Seeser Verfaillie Trust is headquartered in Clinton, Iowa and files with the IRS under EIN 426275075.
How many years of IRS 990 filings does Martha Seeser Verfaillie Trust have?
Martha Seeser Verfaillie 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 $2K in total revenue.
Filing History
IRS 990 filing history for Martha Seeser Verfaillie Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Martha Seeser Verfaillie Trust's revenue has declined by 50.3%, moving from $3K to $1K. Total assets decreased by 26.8% over the same period, from $65K to $48K. Total functional expenses fell by 22.7%, from $4K to $3K. In its most recent filing year (2024), Martha Seeser Verfaillie Trust reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $48K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1K | $3K | $48K | $1 | — | — |
| 2023 | $2K | $3K | $49K | $1 | — | View 990 |
| 2022 | $2K | $3K | $51K | $1 | — | — |
| 2021 | $2K | $3K | $53K | $1 | — | — |
| 2020 | $2K | $3K | $53K | $1 | — | View 990 |
| 2016 | $2K | $4K | $58K | $1 | — | View 990 |
| 2015 | $2K | $4K | $60K | $1 | — | View 990 |
| 2014 | $2K | $3K | $62K | $1 | — | View 990 |
| 2013 | $3K | $5K | $63K | $1 | — | View 990 |
| 2012 | $3K | $4K | $65K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1K, expenses of $3K, and assets of $48K (revenue -10.3% year-over-year).
- 2023: Revenue of $2K, expenses of $3K, and assets of $49K (revenue -7.5% year-over-year).
- 2022: Revenue of $2K, expenses of $3K, and assets of $51K (revenue -24.3% year-over-year).
- 2021: Revenue of $2K, expenses of $3K, and assets of $53K (revenue +11.2% year-over-year).
- 2020: Revenue of $2K, expenses of $3K, and assets of $53K (revenue -3.1% year-over-year).
- 2016: Revenue of $2K, expenses of $4K, and assets of $58K (revenue -17.5% year-over-year).
- 2015: Revenue of $2K, expenses of $4K, and assets of $60K (revenue +18.5% year-over-year).
- 2014: Revenue of $2K, expenses of $3K, and assets of $62K (revenue -28.4% year-over-year).
- 2013: Revenue of $3K, expenses of $5K, and assets of $63K (revenue +5.0% year-over-year).
- 2012: Revenue of $3K, expenses of $4K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martha Seeser Verfaillie Trust:
Data Sources and Methodology
This transparency report for Martha Seeser Verfaillie 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.