Melvin J And Harriet H Naser Charitable Trust
EIN: 456243167 · Crystal River, FL · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $511K |
| Net Assets | $9.7M |
Is Melvin J And Harriet H Naser Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Melvin J And Harriet H Naser Charitable Trust
Melvin J And Harriet H Naser Charitable Trust (EIN: 456243167) is a nonprofit organization based in Crystal River, FL, classified under NTEE code T20. The organization reported total revenue of $2.1M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Melvin J And Harriet H Naser Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Melvin J And Harriet H Naser Charitable Trust is a mid-size nonprofit that has been operating for 14 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $749K |
| Total Expenses | $511K |
| Surplus / Deficit | +$237K |
| Total Assets | $9.7M |
| Total Liabilities | $1 |
| Net Assets | $9.7M |
| Operating Margin | 31.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 226.9 months |
Financial Health Grade: A
In 2023, Melvin J And Harriet H Naser Charitable Trust reported a surplus of $237K with revenue exceeding expenses, holds 226.9 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 (2012–2023), Melvin J And Harriet H Naser Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.7% | -7.6% | +44.4% |
| 2022 | -48.1% | +10.7% | +10.0% |
| 2021 | +2594.2% | +30.2% | +40.1% |
| 2020 | -89.7% | +13.3% | -6.5% |
| 2019 | +157.5% | +1.0% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Melvin J And Harriet H Naser Charitable 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 Melvin J And Harriet H Naser Charitable 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $237K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Melvin J And Harriet H Naser Charitable Trust
Is Melvin J And Harriet H Naser Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Melvin J And Harriet H Naser Charitable Trust (EIN: 456243167) insufficient data. 0 red flags identified, 0 strengths noted.
How does Melvin J And Harriet H Naser Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Melvin J And Harriet H Naser Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Melvin J And Harriet H Naser Charitable Trust tax-deductible?
Melvin J And Harriet H Naser Charitable Trust is registered as a tax-exempt nonprofit (EIN: 456243167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Melvin J And Harriet H Naser Charitable Trust located?
Melvin J And Harriet H Naser Charitable Trust is headquartered in Crystal River, Florida and files with the IRS under EIN 456243167. It is classified under NTEE code T20.
How many years of IRS 990 filings does Melvin J And Harriet H Naser Charitable Trust have?
Melvin J And Harriet H Naser Charitable Trust 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Melvin J And Harriet H Naser Charitable Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Melvin J And Harriet H Naser Charitable Trust's revenue has declined by 81.3%, moving from $4.0M to $749K. Total assets increased by 150.8% over the same period, from $3.9M to $9.7M. Total functional expenses rose by 239.2%, from $151K to $511K. In its most recent filing year (2023), Melvin J And Harriet H Naser Charitable Trust reported a surplus of $237K, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $749K | $511K | $9.7M | $1 | — | — |
| 2022 | $1.2M | $553K | $6.7M | $1 | — | View 990 |
| 2021 | $2.2M | $500K | $6.1M | $1 | — | View 990 |
| 2020 | $83K | $384K | $4.3M | $1 | — | View 990 |
| 2019 | $811K | $339K | $4.6M | $0 | — | View 990 |
| 2015 | $315K | $335K | $4.4M | $0 | — | View 990 |
| 2014 | $382K | $245K | $4.4M | $1 | — | View 990 |
| 2013 | $842K | $388K | $4.2M | $1 | — | View 990 |
| 2012 | $4.0M | $151K | $3.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $749K, expenses of $511K, and assets of $9.7M (revenue -35.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $553K, and assets of $6.7M (revenue -48.1% year-over-year).
- 2021: Revenue of $2.2M, expenses of $500K, and assets of $6.1M (revenue +2594.2% year-over-year).
- 2020: Revenue of $83K, expenses of $384K, and assets of $4.3M (revenue -89.7% year-over-year).
- 2019: Revenue of $811K, expenses of $339K, and assets of $4.6M (revenue +157.5% year-over-year).
- 2015: Revenue of $315K, expenses of $335K, and assets of $4.4M (revenue -17.6% year-over-year).
- 2014: Revenue of $382K, expenses of $245K, and assets of $4.4M (revenue -54.6% year-over-year).
- 2013: Revenue of $842K, expenses of $388K, and assets of $4.2M (revenue -79.0% year-over-year).
- 2012: Revenue of $4.0M, expenses of $151K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Melvin J And Harriet H Naser Charitable Trust:
Data Sources and Methodology
This transparency report for Melvin J And Harriet H Naser Charitable 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.