New York Times Neediest Cases Fund Trust 2 Pt 7445
New York Times Neediest Cases Fund Trust experiences recent operating deficits while maintaining substantial assets and no executive compensation.
EIN: 136036510 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $473K |
| Program Spending | 90% |
| Net Assets | $5.1M |
| Transparency Score | 85/100 |
Is New York Times Neediest Cases Fund Trust 2 Pt 7445 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Times Neediest Cases Fund Trust 2 Pt 7445 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Times Neediest Cases Fund Trust 2 Pt 7445
New York Times Neediest Cases Fund Trust 2 Pt 7445 (EIN: 136036510) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $1.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Times Neediest Cases Fund Trust 2 Pt 7445's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Times Neediest Cases Fund Trust 2 Pt 7445 is a mid-size nonprofit that has been operating for 84 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $473K |
| Surplus / Deficit | $-167,314 |
| Total Assets | $5.1M |
| Total Liabilities | $1 |
| Net Assets | $5.1M |
| Operating Margin | -54.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 129.7 months |
Financial Health Grade: B
In 2023, New York Times Neediest Cases Fund Trust 2 Pt 7445 reported a deficit of $167K with expenses exceeding revenue, holds 129.7 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), New York Times Neediest Cases Fund Trust 2 Pt 7445's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.2% | +17.3% | -1.7% |
| 2022 | -63.2% | +0.4% | -4.2% |
| 2021 | +8.7% | +2.8% | +1.4% |
| 2020 | +6.4% | -0.1% | +0.9% |
| 2019 | +64.7% | +2.7% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 New York Times Neediest Cases Fund Trust 2 Pt 7445 with a Mission Score of 85 out of 100 (Excellent). 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, New York Times Neediest Cases Fund Trust 2 Pt 7445 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $167K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization does not pay its officers, which is highly favorable for donor perception and suggests a volunteer-led or very lean executive 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 New York Times Neediest Cases Fund Trust 2 Pt 7445's IRS 990 filings:
- Expenses exceeded revenue in the last two fiscal periods (2022 and 2023), leading to a draw on assets.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full financial analysis.
Strengths
The following positive indicators were identified for New York Times Neediest Cases Fund Trust 2 Pt 7445:
- Substantial asset base of over $5 million provides financial security.
- Consistent reporting of 0% officer compensation indicates very low executive overhead.
- Minimal liabilities ($0 or $1) demonstrate a very strong balance sheet.
- Long history of IRS 990 filings (10 filings) indicates transparency and consistent reporting.
Frequently Asked Questions about New York Times Neediest Cases Fund Trust 2 Pt 7445
Is New York Times Neediest Cases Fund Trust 2 Pt 7445 a legitimate charity?
New York Times Neediest Cases Fund Trust 2 Pt 7445 (EIN: 136036510) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does New York Times Neediest Cases Fund Trust 2 Pt 7445 spend its money?
New York Times Neediest Cases Fund Trust 2 Pt 7445 directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New York Times Neediest Cases Fund Trust 2 Pt 7445 tax-deductible?
New York Times Neediest Cases Fund Trust 2 Pt 7445 is registered as a tax-exempt nonprofit (EIN: 136036510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New York Times Neediest Cases Fund Trust 2 Pt 7445 located?
New York Times Neediest Cases Fund Trust 2 Pt 7445 is headquartered in Chicago, Illinois and files with the IRS under EIN 136036510.
How many years of IRS 990 filings does New York Times Neediest Cases Fund Trust 2 Pt 7445 have?
New York Times Neediest Cases Fund Trust 2 Pt 7445 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 $1.8M in total revenue.
Is New York Times Neediest Cases Fund Trust 2 Pt 7445 financially stable?
While the organization holds over $5 million in assets, it has experienced operating deficits in the last two reported periods (2022 and 2023), with expenses exceeding revenue by $227,730 and $167,314 respectively. This trend, if continued, could impact long-term stability, though current assets provide a significant buffer.
What is the organization's primary purpose?
As a 'Trust' and given its name 'Neediest Cases Fund', it is highly probable that its primary purpose is to hold and distribute funds to support individuals or other charitable organizations addressing 'neediest cases'. The lack of officer compensation further supports a model focused on fund distribution rather than extensive direct program delivery.
How efficient is the organization's spending?
Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency assessment is challenging. However, the consistent 0% officer compensation suggests very low overhead at the executive level. Assuming its primary function is grant-making, a significant portion of its expenses would likely be program-related.
Filing History
IRS 990 filing history for New York Times Neediest Cases Fund Trust 2 Pt 7445 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), New York Times Neediest Cases Fund Trust 2 Pt 7445's revenue has declined by 24.6%, moving from $406K to $306K. Total assets decreased by 2.8% over the same period, from $5.3M to $5.1M. Total functional expenses rose by 336.3%, from $108K to $473K. In its most recent filing year (2023), New York Times Neediest Cases Fund Trust 2 Pt 7445 reported a deficit of $167K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $473K | $5.1M | $1 | — | View 990 |
| 2022 | $176K | $403K | $5.2M | $1 | — | View 990 |
| 2021 | $477K | $402K | $5.4M | $1 | — | — |
| 2020 | $439K | $391K | $5.4M | $1 | — | View 990 |
| 2019 | $412K | $391K | $5.3M | $1 | — | — |
| 2015 | $250K | $381K | $5.7M | $0 | — | View 990 |
| 2014 | $457K | $312K | $5.8M | $0 | — | View 990 |
| 2013 | $394K | $132K | $5.7M | $0 | — | View 990 |
| 2012 | $257K | $122K | $5.4M | $0 | — | View 990 |
| 2011 | $406K | $108K | $5.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $473K, and assets of $5.1M (revenue +74.2% year-over-year).
- 2022: Revenue of $176K, expenses of $403K, and assets of $5.2M (revenue -63.2% year-over-year).
- 2021: Revenue of $477K, expenses of $402K, and assets of $5.4M (revenue +8.7% year-over-year).
- 2020: Revenue of $439K, expenses of $391K, and assets of $5.4M (revenue +6.4% year-over-year).
- 2019: Revenue of $412K, expenses of $391K, and assets of $5.3M (revenue +64.7% year-over-year).
- 2015: Revenue of $250K, expenses of $381K, and assets of $5.7M (revenue -45.3% year-over-year).
- 2014: Revenue of $457K, expenses of $312K, and assets of $5.8M (revenue +16.1% year-over-year).
- 2013: Revenue of $394K, expenses of $132K, and assets of $5.7M (revenue +53.1% year-over-year).
- 2012: Revenue of $257K, expenses of $122K, and assets of $5.4M (revenue -36.6% year-over-year).
- 2011: Revenue of $406K, expenses of $108K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Times Neediest Cases Fund Trust 2 Pt 7445:
Data Sources and Methodology
This transparency report for New York Times Neediest Cases Fund Trust 2 Pt 7445 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.