Nonprofit Benefits Tr
EIN: 306560313 · Capitola, CA · NTEE: Y43
Is Nonprofit Benefits Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nonprofit Benefits Tr
Nonprofit Benefits Tr (EIN: 306560313) is a nonprofit organization based in Capitola, CA, classified under NTEE code Y43. The organization reported total revenue of $7.6M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nonprofit Benefits Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nonprofit Benefits Tr is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.4M |
| Surplus / Deficit | $-246,503 |
| Total Assets | $1.5M |
| Total Liabilities | $232K |
| Net Assets | $1.3M |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Nonprofit Benefits Tr reported a deficit of $247K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Nonprofit Benefits Tr's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | +2.7% | -11.1% |
| 2022 | +4.4% | +5.7% | -34.1% |
| 2021 | +1.6% | +4.1% | -14.1% |
| 2020 | -1.8% | -3.0% | -8.7% |
| 2019 | +1.2% | -5.7% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nonprofit Benefits Tr 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 Nonprofit Benefits Tr 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 deficit of $247K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.7%.
Frequently Asked Questions about Nonprofit Benefits Tr
Is Nonprofit Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Nonprofit Benefits Tr (EIN: 306560313) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nonprofit Benefits Tr spend its money?
Detailed spending breakdown data is not yet available for Nonprofit Benefits Tr. Check back for updated IRS 990 analysis.
Are donations to Nonprofit Benefits Tr tax-deductible?
Nonprofit Benefits Tr is registered as a tax-exempt nonprofit (EIN: 306560313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Nonprofit Benefits Tr showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Nonprofit Benefits Tr's revenue has grown by 6%, moving from $6.8M to $7.2M. Total assets decreased by 69.9% over the same period, from $4.9M to $1.5M. Total functional expenses rose by 14.3%, from $6.5M to $7.4M. In its most recent filing year (2023), Nonprofit Benefits Tr reported a deficit of $247K, with expenses exceeding revenue. The organization holds $232K in liabilities against $1.5M in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $7.4M | $1.5M | $232K | — | View 990 |
| 2022 | $6.6M | $7.2M | $1.7M | $192K | — | View 990 |
| 2021 | $6.4M | $6.8M | $2.5M | $239K | — | — |
| 2020 | $6.3M | $6.6M | $3.0M | $127K | — | — |
| 2019 | $6.4M | $6.8M | $3.2M | $128K | — | View 990 |
| 2018 | $6.3M | $7.2M | $3.9M | $421K | — | View 990 |
| 2017 | $6.8M | $6.5M | $4.9M | $533K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $7.4M, and assets of $1.5M (revenue +8.2% year-over-year).
- 2022: Revenue of $6.6M, expenses of $7.2M, and assets of $1.7M (revenue +4.4% year-over-year).
- 2021: Revenue of $6.4M, expenses of $6.8M, and assets of $2.5M (revenue +1.6% year-over-year).
- 2020: Revenue of $6.3M, expenses of $6.6M, and assets of $3.0M (revenue -1.8% year-over-year).
- 2019: Revenue of $6.4M, expenses of $6.8M, and assets of $3.2M (revenue +1.2% year-over-year).
- 2018: Revenue of $6.3M, expenses of $7.2M, and assets of $3.9M (revenue -7.1% year-over-year).
- 2017: Revenue of $6.8M, expenses of $6.5M, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nonprofit Benefits Tr:
Data Sources and Methodology
This transparency report for Nonprofit Benefits Tr 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.