Mary C Shippe Trust Ua Dtd 020630 113948
Mary C Shippe Trust maintains stable assets despite fluctuating revenues and no officer compensation.
EIN: 136052973 · Wilmington, DE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $493K |
| Total Expenses | $60K |
| Program Spending | 80% |
| Net Assets | $817K |
| Transparency Score | 75/100 |
Is Mary C Shippe Trust Ua Dtd 020630 113948 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mary C Shippe Trust Ua Dtd 020630 113948 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mary C Shippe Trust Ua Dtd 020630 113948
Mary C Shippe Trust Ua Dtd 020630 113948 (EIN: 136052973) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $493K and total assets of $849K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary C Shippe Trust Ua Dtd 020630 113948's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary C Shippe Trust Ua Dtd 020630 113948 is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $60K |
| Surplus / Deficit | $-24,589 |
| Total Assets | $817K |
| Total Liabilities | $1 |
| Net Assets | $817K |
| Operating Margin | -68.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.4 months |
Financial Health Grade: B
In 2023, Mary C Shippe Trust Ua Dtd 020630 113948 reported a deficit of $25K with expenses exceeding revenue, holds 162.4 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), Mary C Shippe Trust Ua Dtd 020630 113948's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -132.4% | +45.6% | -13.4% |
| 2021 | +445.9% | -21.9% | +23.4% |
| 2020 | -79.9% | -12.9% | -2.4% |
| 2019 | +508.4% | +234.2% | +8.6% |
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 Mary C Shippe Trust Ua Dtd 020630 113948 with a Mission Score of 75 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Mary C Shippe Trust Ua Dtd 020630 113948 allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is a positive for resource allocation.
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 Mary C Shippe Trust Ua Dtd 020630 113948's IRS 990 filings:
- Negative revenue reported in 2022 (-$74,112), which warrants further investigation into its cause.
- NTEE Code is unknown, making it difficult to benchmark against similar organizations or understand its specific charitable focus without additional information.
Strengths
The following positive indicators were identified for Mary C Shippe Trust Ua Dtd 020630 113948:
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Minimal liabilities ($0-$1) consistently reported, indicating strong financial stability and no significant debt.
- Stable asset base over a decade, suggesting prudent financial management despite revenue fluctuations.
Frequently Asked Questions about Mary C Shippe Trust Ua Dtd 020630 113948
Is Mary C Shippe Trust Ua Dtd 020630 113948 a legitimate charity?
Mary C Shippe Trust Ua Dtd 020630 113948 (EIN: 136052973) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $493K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Mary C Shippe Trust Ua Dtd 020630 113948 spend its money?
Mary C Shippe Trust Ua Dtd 020630 113948 directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mary C Shippe Trust Ua Dtd 020630 113948 tax-deductible?
Mary C Shippe Trust Ua Dtd 020630 113948 is registered as a tax-exempt nonprofit (EIN: 136052973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mary C Shippe Trust Ua Dtd 020630 113948 located?
Mary C Shippe Trust Ua Dtd 020630 113948 is headquartered in Wilmington, Delaware and files with the IRS under EIN 136052973.
How many years of IRS 990 filings does Mary C Shippe Trust Ua Dtd 020630 113948 have?
Mary C Shippe Trust Ua Dtd 020630 113948 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 $493K in total revenue.
Filing History
IRS 990 filing history for Mary C Shippe Trust Ua Dtd 020630 113948 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mary C Shippe Trust Ua Dtd 020630 113948's revenue has grown by 171.9%, moving from $13K to $36K. Total assets increased by 11.8% over the same period, from $731K to $817K. Total functional expenses fell by 15.4%, from $71K to $60K. In its most recent filing year (2023), Mary C Shippe Trust Ua Dtd 020630 113948 reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $817K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $817K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $60K | $817K | $1 | — | — |
| 2022 | $-74,112 | $66K | $832K | $1 | — | View 990 |
| 2021 | $229K | $46K | $961K | $1 | — | — |
| 2020 | $42K | $58K | $779K | $1 | — | — |
| 2019 | $208K | $67K | $798K | $1 | — | View 990 |
| 2015 | $34K | $20K | $734K | $0 | — | View 990 |
| 2014 | $49K | $39K | $720K | $0 | — | View 990 |
| 2013 | $28K | $38K | $710K | $0 | — | View 990 |
| 2012 | $23K | $33K | $721K | $0 | — | View 990 |
| 2011 | $13K | $71K | $731K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $60K, and assets of $817K.
- 2022: Revenue of $-74,112, expenses of $66K, and assets of $832K (revenue -132.4% year-over-year).
- 2021: Revenue of $229K, expenses of $46K, and assets of $961K (revenue +445.9% year-over-year).
- 2020: Revenue of $42K, expenses of $58K, and assets of $779K (revenue -79.9% year-over-year).
- 2019: Revenue of $208K, expenses of $67K, and assets of $798K (revenue +508.4% year-over-year).
- 2015: Revenue of $34K, expenses of $20K, and assets of $734K (revenue -29.7% year-over-year).
- 2014: Revenue of $49K, expenses of $39K, and assets of $720K (revenue +75.8% year-over-year).
- 2013: Revenue of $28K, expenses of $38K, and assets of $710K (revenue +19.5% year-over-year).
- 2012: Revenue of $23K, expenses of $33K, and assets of $721K (revenue +76.4% year-over-year).
- 2011: Revenue of $13K, expenses of $71K, and assets of $731K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary C Shippe Trust Ua Dtd 020630 113948:
Data Sources and Methodology
This transparency report for Mary C Shippe Trust Ua Dtd 020630 113948 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.