Mortimer J Harrison Trust Uw Art 11 A
Mortimer J Harrison Trust consistently operates at a deficit, drawing down assets over time.
EIN: 137075860 · Iselin, NJ · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $997K |
| Total Expenses | $823K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4,404,661 |
| Net Assets | $4.4M |
| Transparency Score | 60/100 |
Is Mortimer J Harrison Trust Uw Art 11 A Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mortimer J Harrison Trust Uw Art 11 A directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mortimer J Harrison Trust Uw Art 11 A
Mortimer J Harrison Trust Uw Art 11 A (EIN: 137075860) is a nonprofit organization based in Iselin, NJ, classified under NTEE code T20Z. The organization reported total revenue of $997K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mortimer J Harrison Trust Uw Art 11 A's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mortimer J Harrison Trust Uw Art 11 A is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $674K |
| Total Expenses | $823K |
| Surplus / Deficit | $-149,011 |
| Total Assets | $4.4M |
| Total Liabilities | $1 |
| Net Assets | $4.4M |
| Operating Margin | -22.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 64.2 months |
Financial Health Grade: B
In 2023, Mortimer J Harrison Trust Uw Art 11 A reported a deficit of $149K with expenses exceeding revenue, holds 64.2 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), Mortimer J Harrison Trust Uw Art 11 A's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +248.6% | +33.0% | -3.3% |
| 2022 | -52.3% | +66.2% | -8.5% |
| 2021 | +77.2% | -52.5% | +0.7% |
| 2020 | -15.8% | +184.1% | -10.1% |
| 2019 | +8.2% | -52.3% | -15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Mortimer J Harrison Trust Uw Art 11 A 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mortimer J Harrison Trust Uw Art 11 A allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $149K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are compensated, which is highly unusual for an organization of its asset size ($4,404,661 in 2023) and suggests a volunteer-led or externally managed structure.
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 Mortimer J Harrison Trust Uw Art 11 A's IRS 990 filings:
- Consistent operating deficits, with expenses frequently exceeding revenue (e.g., 2023: $823,086 expenses vs. $674,075 revenue).
- Significant decline in total assets over time, from $6,118,084 in 2011 to $4,404,661 in 2023, indicating reliance on capital drawdowns.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Mortimer J Harrison Trust Uw Art 11 A:
- Zero reported officer compensation across all filings, indicating no direct executive salary burden.
- Extremely low liabilities ($1 across multiple years) suggests a very healthy balance sheet regarding debt.
- Consistent filing history (10 filings) demonstrates compliance and transparency in reporting.
Frequently Asked Questions about Mortimer J Harrison Trust Uw Art 11 A
Is Mortimer J Harrison Trust Uw Art 11 A a legitimate charity?
Based on AI analysis of IRS 990 filings, Mortimer J Harrison Trust Uw Art 11 A (EIN: 137075860) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Mortimer J Harrison Trust Uw Art 11 A spend its money?
Mortimer J Harrison Trust Uw Art 11 A directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mortimer J Harrison Trust Uw Art 11 A tax-deductible?
Mortimer J Harrison Trust Uw Art 11 A is registered as a tax-exempt nonprofit (EIN: 137075860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mortimer J Harrison Trust Uw Art 11 A CEO make?
Mortimer J Harrison Trust Uw Art 11 A's highest-compensated officer earns $4,404,661 annually. The organization reported $997K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mortimer J Harrison Trust Uw Art 11 A's spending goes to programs?
Mortimer J Harrison Trust Uw Art 11 A directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mortimer J Harrison Trust Uw Art 11 A compare to similar nonprofits?
With a transparency score of 60/100 (Good), Mortimer J Harrison Trust Uw Art 11 A is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mortimer J Harrison Trust Uw Art 11 A located?
Mortimer J Harrison Trust Uw Art 11 A is headquartered in Iselin, New Jersey and files with the IRS under EIN 137075860. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Mortimer J Harrison Trust Uw Art 11 A have?
Mortimer J Harrison Trust Uw Art 11 A 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 $997K in total revenue.
How does the Mortimer J Harrison Trust fund its operations given its consistent revenue deficits?
The Trust primarily funds its operations by drawing down its asset base, as evidenced by the decline in assets from over $6 million in 2011 to $4.4 million in 2023, while expenses frequently exceed revenue.
What are the specific program activities of the Mortimer J Harrison Trust?
The provided data does not detail the specific program activities. The NTEE code T20Z indicates 'Foundations, Grantmaking & Giving Services - Other,' suggesting it is a grantmaking entity.
Who manages the Trust if no officer compensation is reported?
With 0% officer compensation reported, it suggests the Trust may be managed by uncompensated volunteers, a corporate trustee, or through external services where compensation is not classified as officer pay on the 990-PF.
Is the decline in assets a concern for the Trust's long-term sustainability?
Yes, the consistent decline in assets from $6.1 million in 2011 to $4.4 million in 2023, coupled with recurring operating deficits, is a significant concern for the Trust's long-term sustainability if not addressed by increased revenue or reduced expenses.
Filing History
IRS 990 filing history for Mortimer J Harrison Trust Uw Art 11 A showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mortimer J Harrison Trust Uw Art 11 A's revenue has grown by 57.5%, moving from $428K to $674K. Total assets decreased by 28% over the same period, from $6.1M to $4.4M. Total functional expenses rose by 113.4%, from $386K to $823K. In its most recent filing year (2023), Mortimer J Harrison Trust Uw Art 11 A reported a deficit of $149K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $674K | $823K | $4.4M | $1 | — | View 990 |
| 2022 | $193K | $619K | $4.6M | $1 | — | View 990 |
| 2021 | $406K | $372K | $5.0M | $1 | — | View 990 |
| 2020 | $229K | $783K | $4.9M | $1 | — | — |
| 2019 | $272K | $276K | $5.5M | $1 | — | — |
| 2015 | $251K | $578K | $6.5M | $1 | — | View 990 |
| 2014 | $74K | $-341,960 | $6.8M | $0 | — | View 990 |
| 2013 | $553K | $343K | $6.4M | $1 | — | View 990 |
| 2012 | $478K | $416K | $6.2M | $0 | — | View 990 |
| 2011 | $428K | $386K | $6.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $674K, expenses of $823K, and assets of $4.4M (revenue +248.6% year-over-year).
- 2022: Revenue of $193K, expenses of $619K, and assets of $4.6M (revenue -52.3% year-over-year).
- 2021: Revenue of $406K, expenses of $372K, and assets of $5.0M (revenue +77.2% year-over-year).
- 2020: Revenue of $229K, expenses of $783K, and assets of $4.9M (revenue -15.8% year-over-year).
- 2019: Revenue of $272K, expenses of $276K, and assets of $5.5M (revenue +8.2% year-over-year).
- 2015: Revenue of $251K, expenses of $578K, and assets of $6.5M (revenue +237.6% year-over-year).
- 2014: Revenue of $74K, expenses of $-341,960, and assets of $6.8M (revenue -86.5% year-over-year).
- 2013: Revenue of $553K, expenses of $343K, and assets of $6.4M (revenue +15.8% year-over-year).
- 2012: Revenue of $478K, expenses of $416K, and assets of $6.2M (revenue +11.6% year-over-year).
- 2011: Revenue of $428K, expenses of $386K, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mortimer J Harrison Trust Uw Art 11 A:
Data Sources and Methodology
This transparency report for Mortimer J Harrison Trust Uw Art 11 A 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.