May Long Term Disability Plan Trust
May Long Term Disability Plan Trust faces persistent deficits and declining assets, drawing down reserves to cover expenses.
EIN: 133910940 · Springdale, OH · Updated: 2026-03-28
Is May Long Term Disability Plan Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
May Long Term Disability Plan Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About May Long Term Disability Plan Trust
May Long Term Disability Plan Trust (EIN: 133910940) is a nonprofit organization based in Springdale, OH. The organization reported total revenue of $549K and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of May Long Term Disability Plan Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
May Long Term Disability Plan Trust is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -14.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-1,535,213 |
| Total Assets | $9.2M |
| Net Assets | $9.2M |
| Operating Margin | -741.0% |
| Months of Reserves | 63.2 months |
Financial Health Grade: B
In 2024, May Long Term Disability Plan Trust reported a deficit of $1.5M with expenses exceeding revenue, holds 63.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), May Long Term Disability Plan Trust's revenue has declined at a compound annual growth rate (CAGR) of -14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -160.0% | +70.5% | -10.3% |
| 2021 | -25.3% | -30.0% | +0.0% |
| 2020 | +26.1% | -63.4% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 May Long Term Disability Plan Trust with a Mission Score of 60 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, May Long Term Disability Plan 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive compensation from the trust, which is highly favorable for an organization of its asset size ($9,678,692).
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 May Long Term Disability Plan Trust's IRS 990 filings:
- Consistent net losses over multiple years (e.g., 202403: -$1.5M, 202303: -$0.5M, 202203: -$1.2M).
- Significant and continuous decline in total assets (from $19.1M in 2015 to $9.6M currently).
- Negative revenue reported in some periods (e.g., 202303: $-466,671, 202203: $-337,881), which could indicate investment losses or significant refunds/adjustments.
Strengths
The following positive indicators were identified for May Long Term Disability Plan Trust:
- Zero officer compensation reported across all filings, indicating efficient use of funds or volunteer leadership.
- Maintains a substantial asset base ($9,678,692), providing a buffer despite ongoing losses.
Frequently Asked Questions about May Long Term Disability Plan Trust
Is May Long Term Disability Plan Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, May Long Term Disability Plan Trust (EIN: 133910940) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does May Long Term Disability Plan Trust spend its money?
May Long Term Disability Plan Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to May Long Term Disability Plan Trust tax-deductible?
May Long Term Disability Plan Trust is registered as a tax-exempt nonprofit (EIN: 133910940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is May Long Term Disability Plan Trust financially sustainable?
The trust's financial sustainability is questionable given the consistent net losses. In 202403, expenses ($1,742,388) were significantly higher than revenue ($207,175), and this trend of expenses exceeding revenue has been observed in multiple recent periods, leading to a steady decline in assets from $19.1M in 2015 to $9.6M currently.
What is the primary use of the trust's funds?
While specific program details are not provided, the nature of a 'Long Term Disability Plan Trust' suggests that the primary use of funds would be for disability payments to beneficiaries. The high expenses relative to revenue indicate significant payouts or operational costs associated with these plans.
Why are assets declining?
Assets are declining because the trust's expenses consistently exceed its revenues. For example, in 202403, the trust spent $1,742,388 while only generating $207,175 in revenue, necessitating the use of existing assets to cover the shortfall. This pattern has been ongoing for several years.
Is the trust transparent about its operations?
The trust demonstrates transparency by consistently reporting 0% officer compensation. However, the lack of a detailed NTEE code and specific breakdowns of program vs. administrative expenses in the provided data limits a full assessment of operational transparency.
Filing History
IRS 990 filing history for May Long Term Disability Plan Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), May Long Term Disability Plan Trust's revenue has declined by 85.5%, moving from $1.4M to $207K. Total assets decreased by 56.7% over the same period, from $21.2M to $9.2M. Total functional expenses fell by 7.9%, from $1.9M to $1.7M. In its most recent filing year (2024), May Long Term Disability Plan Trust reported a deficit of $1.5M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $207K | $1.7M | $9.2M | $0 | — | — |
| 2023 | $-466,671 | $45K | $10.7M | $0 | — | — |
| 2022 | $-337,881 | $953K | $11.2M | $0 | — | View 990 |
| 2021 | $563K | $559K | $12.5M | $0 | — | View 990 |
| 2020 | $753K | $798K | $12.5M | $0 | — | View 990 |
| 2019 | $597K | $2.2M | $12.6M | $0 | — | View 990 |
| 2018 | $328K | $1.7M | $14.1M | $0 | — | View 990 |
| 2017 | $423K | $3.1M | $15.6M | $0 | — | View 990 |
| 2016 | $203K | $1.2M | $18.2M | $0 | — | View 990 |
| 2015 | $1.1M | $1.4M | $19.2M | $0 | — | View 990 |
| 2014 | $390K | $1.6M | $19.5M | $0 | — | View 990 |
| 2013 | $1.2M | $1.7M | $20.6M | $0 | — | View 990 |
| 2012 | $1.4M | $1.9M | $21.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $207K, expenses of $1.7M, and assets of $9.2M.
- 2023: Revenue of $-466,671, expenses of $45K, and assets of $10.7M.
- 2022: Revenue of $-337,881, expenses of $953K, and assets of $11.2M (revenue -160.0% year-over-year).
- 2021: Revenue of $563K, expenses of $559K, and assets of $12.5M (revenue -25.3% year-over-year).
- 2020: Revenue of $753K, expenses of $798K, and assets of $12.5M (revenue +26.1% year-over-year).
- 2019: Revenue of $597K, expenses of $2.2M, and assets of $12.6M (revenue +82.2% year-over-year).
- 2018: Revenue of $328K, expenses of $1.7M, and assets of $14.1M (revenue -22.5% year-over-year).
- 2017: Revenue of $423K, expenses of $3.1M, and assets of $15.6M (revenue +108.6% year-over-year).
- 2016: Revenue of $203K, expenses of $1.2M, and assets of $18.2M (revenue -81.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.4M, and assets of $19.2M (revenue +175.4% year-over-year).
- 2014: Revenue of $390K, expenses of $1.6M, and assets of $19.5M (revenue -67.1% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.7M, and assets of $20.6M (revenue -16.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.9M, and assets of $21.2M.
Data Sources and Methodology
This transparency report for May Long Term Disability Plan 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.