Nowesta Memorial Elliott Grove Tr

Nowesta Memorial Elliott Grove Tr maintains stable assets despite fluctuating, sometimes negative, annual revenues and no officer compensation.

EIN: 206410844 · Grand Forks, ND · NTEE: T30 · Updated: 2026-03-28

$26KRevenue
$8KGross Revenue
$141KAssets
85/100Mission Score (Excellent)
T30
Nowesta Memorial Elliott Grove Tr Financial Summary
MetricValue
Total Revenue$26K
Total Expenses$7K
Program Spending80%
Net Assets$138K
Transparency Score85/100

Is Nowesta Memorial Elliott Grove Tr Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Nowesta Memorial Elliott Grove Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Nowesta Memorial Elliott Grove Tr

Nowesta Memorial Elliott Grove Tr (EIN: 206410844) is a nonprofit organization based in Grand Forks, ND, classified under NTEE code T30. The organization reported total revenue of $26K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nowesta Memorial Elliott Grove Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Nowesta Memorial Elliott Grove Tr is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023-141.7%-42.1%-8.8%
2022-7.1%+369.5%+1.4%
2021+54.1%+10.4%+6.8%
2020+190.4%-60.8%+5.9%
2019-62.2%-24.2%-2.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Nowesta Memorial Elliott Grove Tr appears to be a small, stable organization with consistent assets over the past decade, averaging around $130,000-$150,000. Its revenue streams are modest, with the latest reported revenue at $26,185, though it experienced a negative revenue of $-6,057 in 2023, indicating a net loss for that period. Expenses are generally low, fluctuating between approximately $2,400 and $12,500 annually. The organization consistently reports zero liabilities and zero officer compensation, which suggests a lean operational structure and a high degree of financial transparency regarding executive pay. However, the negative revenue in 2023 and the relatively low and fluctuating revenue figures overall suggest a reliance on investment income or sporadic donations rather than a robust, consistent fundraising model. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative expenses, which is not provided in the summary data. However, the absence of officer compensation is a positive indicator of efficient use of funds at the top level. The consistent asset base despite fluctuating revenues and occasional net losses (e.g., 2023 and 2019) suggests prudent management of its endowment or investment portfolio. The organization's transparency is high concerning executive compensation and liabilities, but a more detailed functional expense breakdown would further enhance understanding of its operational efficiency. Overall, Nowesta Memorial Elliott Grove Tr demonstrates financial stability in its asset base and a commitment to avoiding executive compensation. While its revenue can be inconsistent, its low expense base and lack of liabilities are positive indicators. The negative revenue in 2023 warrants attention, but it doesn't appear to have significantly eroded the organization's long-term asset base.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nowesta Memorial Elliott Grove Tr 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Nowesta Memorial Elliott Grove Tr 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:

$-6,057Total Revenue
$7KTotal Expenses
$138KTotal Assets
$138KNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly efficient for a nonprofit of its size.

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 Nowesta Memorial Elliott Grove Tr's IRS 990 filings:

  • Negative revenue reported in 2023 ($-6,057), indicating a net loss for the period.
  • Inconsistent annual revenue, fluctuating significantly year-to-year (e.g., $14,526 in 2022 vs. $-6,057 in 2023), which could impact long-term sustainability without a stable funding source.

Strengths

The following positive indicators were identified for Nowesta Memorial Elliott Grove Tr:

  • Consistent asset base, demonstrating long-term financial stability (e.g., $141,042 latest assets, consistently above $128,000 for a decade).
  • Zero officer compensation reported across all filings, indicating highly efficient use of funds at the executive level.
  • No reported liabilities, suggesting a debt-free operation and strong financial management.
  • Low overall expenses relative to assets, indicating a lean operational structure (e.g., $7,213 expenses in 2023 against $138,292 assets).

Frequently Asked Questions about Nowesta Memorial Elliott Grove Tr

Is Nowesta Memorial Elliott Grove Tr a legitimate charity?

Nowesta Memorial Elliott Grove Tr (EIN: 206410844) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $26K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Nowesta Memorial Elliott Grove Tr spend its money?

Nowesta Memorial Elliott Grove Tr directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Nowesta Memorial Elliott Grove Tr tax-deductible?

Nowesta Memorial Elliott Grove Tr is registered as a tax-exempt nonprofit (EIN: 206410844). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Nowesta Memorial Elliott Grove Tr's spending goes to programs?

Nowesta Memorial Elliott Grove Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Nowesta Memorial Elliott Grove Tr compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Nowesta Memorial Elliott Grove Tr is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Nowesta Memorial Elliott Grove Tr located?

Nowesta Memorial Elliott Grove Tr is headquartered in Grand Forks, North Dakota and files with the IRS under EIN 206410844. It is classified under NTEE code T30.

How many years of IRS 990 filings does Nowesta Memorial Elliott Grove Tr have?

Nowesta Memorial Elliott Grove Tr has 13 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 $26K in total revenue.

Is Nowesta Memorial Elliott Grove Tr financially stable?

Yes, the organization appears financially stable, maintaining a consistent asset base of over $130,000 for the past decade, despite fluctuating annual revenues and occasional net losses.

How does Nowesta Memorial Elliott Grove Tr manage executive compensation?

Nowesta Memorial Elliott Grove Tr reports 0% officer compensation in all available filings, indicating that no executive salaries are paid.

What caused the negative revenue in 2023?

The provided data does not specify the exact cause of the $-6,057 negative revenue in 2023, but it could be due to investment losses or significant returns/refunds exceeding new income.

Does the organization have any debt?

No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.

Filing History

IRS 990 filing history for Nowesta Memorial Elliott Grove Tr showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Nowesta Memorial Elliott Grove Tr's revenue has declined by 194.6%, moving from $6K to $-6,057. Total assets increased by 24.2% over the same period, from $111K to $138K. Total functional expenses rose by 160.4%, from $3K to $7K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $-6,057 $7K $138K $0 View 990
2022 $15K $12K $152K $0
2021 $16K $3K $150K $0 View 990
2020 $10K $2K $140K $0
2019 $3K $6K $132K $0 View 990
2018 $9K $8K $135K $0 View 990
2017 $9K $3K $134K $0 View 990
2016 $7K $7K $128K $0 View 990
2015 $10K $10K $128K $0 View 990
2014 $11K $3K $129K $0 View 990
2013 $10K $3K $121K $0 View 990
2012 $5K $3K $114K $0 View 990
2011 $6K $3K $111K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $-6,057, expenses of $7K, and assets of $138K (revenue -141.7% year-over-year).
  • 2022: Revenue of $15K, expenses of $12K, and assets of $152K (revenue -7.1% year-over-year).
  • 2021: Revenue of $16K, expenses of $3K, and assets of $150K (revenue +54.1% year-over-year).
  • 2020: Revenue of $10K, expenses of $2K, and assets of $140K (revenue +190.4% year-over-year).
  • 2019: Revenue of $3K, expenses of $6K, and assets of $132K (revenue -62.2% year-over-year).
  • 2018: Revenue of $9K, expenses of $8K, and assets of $135K (revenue +5.9% year-over-year).
  • 2017: Revenue of $9K, expenses of $3K, and assets of $134K (revenue +18.4% year-over-year).
  • 2016: Revenue of $7K, expenses of $7K, and assets of $128K (revenue -24.7% year-over-year).
  • 2015: Revenue of $10K, expenses of $10K, and assets of $128K (revenue -13.1% year-over-year).
  • 2014: Revenue of $11K, expenses of $3K, and assets of $129K (revenue +16.6% year-over-year).
  • 2013: Revenue of $10K, expenses of $3K, and assets of $121K (revenue +79.8% year-over-year).
  • 2012: Revenue of $5K, expenses of $3K, and assets of $114K (revenue -16.1% year-over-year).
  • 2011: Revenue of $6K, expenses of $3K, and assets of $111K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Nowesta Memorial Elliott Grove Tr:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Nowesta Memorial Elliott Grove 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.

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