Moses Carr Trust Fbo
Moses Carr Trust Fbo maintains stable assets with low, fluctuating revenue and expenses, reporting no officer compensation.
EIN: 16014103 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $13K |
| Program Spending | 80% |
| Net Assets | $224K |
| Transparency Score | 65/100 |
Is Moses Carr Trust Fbo Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Moses Carr Trust Fbo directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Moses Carr Trust Fbo
Moses Carr Trust Fbo (EIN: 16014103) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $215K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moses Carr Trust Fbo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moses Carr Trust Fbo is a small nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $13K |
| Surplus / Deficit | $-5,000 |
| Total Assets | $224K |
| Total Liabilities | $1 |
| Net Assets | $224K |
| Operating Margin | -61.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 203.7 months |
Financial Health Grade: B
In 2023, Moses Carr Trust Fbo reported a deficit of $5K with expenses exceeding revenue, holds 203.7 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), Moses Carr Trust Fbo's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -110.3% | +12.0% | -9.7% |
| 2021 | +202.5% | +3.6% | +17.2% |
| 2020 | +20.5% | +20.6% | +0.7% |
| 2019 | +72.5% | -3.0% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Moses Carr Trust Fbo with a Mission Score of 65 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, Moses Carr Trust Fbo 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 $5K, 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 highly efficient 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 Moses Carr Trust Fbo's IRS 990 filings:
- Lack of NTEE code and detailed program descriptions makes mission unclear
- Fluctuating and sometimes negative revenue (e.g., -5,566 in 2022) suggests reliance on asset performance or inconsistent funding
- Low annual expenses relative to asset base could indicate limited active programming or grantmaking
Strengths
The following positive indicators were identified for Moses Carr Trust Fbo:
- Consistent asset base demonstrates financial stability (e.g., $224,092 in 2023)
- Zero officer compensation indicates efficient use of funds for leadership costs
- Minimal liabilities ($1 in recent years) shows strong financial health and low debt burden
Frequently Asked Questions about Moses Carr Trust Fbo
Is Moses Carr Trust Fbo a legitimate charity?
Moses Carr Trust Fbo (EIN: 16014103) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $215K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Moses Carr Trust Fbo spend its money?
Moses Carr Trust Fbo directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Moses Carr Trust Fbo tax-deductible?
Moses Carr Trust Fbo is registered as a tax-exempt nonprofit (EIN: 16014103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Moses Carr Trust Fbo's spending goes to programs?
Moses Carr Trust Fbo directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Moses Carr Trust Fbo located?
Moses Carr Trust Fbo is headquartered in Portland, Maine and files with the IRS under EIN 16014103.
How many years of IRS 990 filings does Moses Carr Trust Fbo have?
Moses Carr Trust Fbo 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 $215K in total revenue.
What is the specific mission or purpose of the Moses Carr Trust Fbo?
The IRS 990 data does not specify the trust's exact mission or program activities, and an NTEE code is not provided, making it difficult to understand its charitable purpose.
How does the trust utilize its assets to achieve its mission?
With assets consistently over $200,000 and relatively low annual expenses (e.g., $13,202 in 2023), it's unclear how the trust's assets are actively deployed for charitable programs beyond the reported expenses.
What constitutes the 'expenses' reported by the trust, given the lack of officer compensation?
Without detailed breakdowns, it's difficult to ascertain if the reported expenses (e.g., $13,202 in 2023) are primarily administrative, program-related, or investment management fees.
Filing History
IRS 990 filing history for Moses Carr Trust Fbo showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Moses Carr Trust Fbo's revenue has declined by 59.1%, moving from $20K to $8K. Total assets increased by 5% over the same period, from $213K to $224K. Total functional expenses fell by 6.7%, from $14K to $13K. In its most recent filing year (2023), Moses Carr Trust Fbo reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $224K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $13K | $224K | $1 | — | — |
| 2022 | $-5,566 | $19K | $229K | $1 | — | — |
| 2021 | $54K | $17K | $254K | $1 | — | — |
| 2020 | $18K | $16K | $217K | $1 | — | — |
| 2019 | $15K | $14K | $215K | $1 | — | View 990 |
| 2015 | $9K | $14K | $219K | $1 | — | View 990 |
| 2014 | $8K | $14K | $225K | $1 | — | View 990 |
| 2013 | $12K | $15K | $226K | $0 | — | View 990 |
| 2012 | $30K | $13K | $230K | $0 | — | View 990 |
| 2011 | $20K | $14K | $213K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $13K, and assets of $224K.
- 2022: Revenue of $-5,566, expenses of $19K, and assets of $229K (revenue -110.3% year-over-year).
- 2021: Revenue of $54K, expenses of $17K, and assets of $254K (revenue +202.5% year-over-year).
- 2020: Revenue of $18K, expenses of $16K, and assets of $217K (revenue +20.5% year-over-year).
- 2019: Revenue of $15K, expenses of $14K, and assets of $215K (revenue +72.5% year-over-year).
- 2015: Revenue of $9K, expenses of $14K, and assets of $219K (revenue +6.7% year-over-year).
- 2014: Revenue of $8K, expenses of $14K, and assets of $225K (revenue -34.2% year-over-year).
- 2013: Revenue of $12K, expenses of $15K, and assets of $226K (revenue -59.3% year-over-year).
- 2012: Revenue of $30K, expenses of $13K, and assets of $230K (revenue +49.7% year-over-year).
- 2011: Revenue of $20K, expenses of $14K, and assets of $213K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moses Carr Trust Fbo:
Data Sources and Methodology
This transparency report for Moses Carr Trust Fbo 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.