Oliver J M Gilman Trust
Oliver J M Gilman Trust shows stable assets but inconsistent annual financial performance.
EIN: 20222133 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $176K |
| Program Spending | 70% |
| Net Assets | $1.6M |
| Transparency Score | 65/100 |
Is Oliver J M Gilman Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oliver J M Gilman Trust directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Oliver J M Gilman Trust
Oliver J M Gilman Trust (EIN: 20222133) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $535K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oliver J M Gilman Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oliver J M Gilman Trust is a small nonprofit, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $176K |
| Surplus / Deficit | $-116,674 |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | -196.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 110.4 months |
Financial Health Grade: B
In 2023, Oliver J M Gilman Trust reported a deficit of $117K with expenses exceeding revenue, holds 110.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Oliver J M Gilman Trust's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.5% | +115.0% | -6.7% |
| 2022 | +9.3% | -21.7% | +11.8% |
| 2021 | +197.5% | -24.4% | +9.7% |
| 2020 | -68.4% | +31.0% | +5.5% |
| 2016 | +56.7% | +25.6% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Oliver J M Gilman Trust 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Oliver J M Gilman Trust allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $117K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that the trust is managed by unpaid fiduciaries or through contracted services, which can be a positive 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 Oliver J M Gilman Trust's IRS 990 filings:
- Significant expense exceeding revenue in the most recent filing period (202303: Expenses $176,155 vs. Revenue $59,481).
- Unknown NTEE code, making it difficult to assess mission alignment and industry benchmarks.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
Strengths
The following positive indicators were identified for Oliver J M Gilman Trust:
- Strong and stable asset base, consistently above $1 million, indicating long-term financial security.
- Minimal liabilities across all filing periods, demonstrating a healthy balance sheet.
- Consistent 0% officer compensation, suggesting efficient use of funds for management.
Frequently Asked Questions about Oliver J M Gilman Trust
Is Oliver J M Gilman Trust a legitimate charity?
Oliver J M Gilman Trust (EIN: 20222133) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $535K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Oliver J M Gilman Trust spend its money?
Oliver J M Gilman Trust directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Oliver J M Gilman Trust tax-deductible?
Oliver J M Gilman Trust is registered as a tax-exempt nonprofit (EIN: 20222133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oliver J M Gilman Trust's spending goes to programs?
Oliver J M Gilman Trust directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Oliver J M Gilman Trust located?
Oliver J M Gilman Trust is headquartered in Concord, New Hampshire and files with the IRS under EIN 20222133.
How many years of IRS 990 filings does Oliver J M Gilman Trust have?
Oliver J M Gilman Trust has 9 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 $535K in total revenue.
What is the specific mission or purpose of the Oliver J M Gilman Trust?
The provided data does not include an NTEE code or mission statement, making it difficult to ascertain the trust's specific charitable purpose.
Why did expenses significantly exceed revenue in the 202303 period?
In the 202303 period, expenses were $176,155 while revenue was only $59,481, indicating a year where the trust spent more than it brought in, potentially due to investment losses or increased grant disbursements.
How does the trust manage its operations with 0% officer compensation?
The consistent 0% officer compensation suggests that the trust is either managed by volunteers, pro bono services, or through external professional management where compensation is categorized differently (e.g., professional fees).
Filing History
IRS 990 filing history for Oliver J M Gilman Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Oliver J M Gilman Trust's revenue has declined by 2.3%, moving from $61K to $59K. Total assets increased by 33.8% over the same period, from $1.2M to $1.6M. Total functional expenses rose by 89%, from $93K to $176K. In its most recent filing year (2023), Oliver J M Gilman Trust reported a deficit of $117K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $176K | $1.6M | $1 | — | View 990 |
| 2022 | $265K | $82K | $1.7M | $1 | — | View 990 |
| 2021 | $242K | $105K | $1.6M | $1 | — | View 990 |
| 2020 | $81K | $138K | $1.4M | $0 | — | View 990 |
| 2016 | $258K | $106K | $1.3M | $0 | — | View 990 |
| 2015 | $164K | $84K | $1.2M | $0 | — | View 990 |
| 2014 | $51K | $114K | $1.1M | $0 | — | View 990 |
| 2013 | $74K | $109K | $1.2M | $0 | — | View 990 |
| 2012 | $61K | $93K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $176K, and assets of $1.6M (revenue -77.5% year-over-year).
- 2022: Revenue of $265K, expenses of $82K, and assets of $1.7M (revenue +9.3% year-over-year).
- 2021: Revenue of $242K, expenses of $105K, and assets of $1.6M (revenue +197.5% year-over-year).
- 2020: Revenue of $81K, expenses of $138K, and assets of $1.4M (revenue -68.4% year-over-year).
- 2016: Revenue of $258K, expenses of $106K, and assets of $1.3M (revenue +56.7% year-over-year).
- 2015: Revenue of $164K, expenses of $84K, and assets of $1.2M (revenue +219.7% year-over-year).
- 2014: Revenue of $51K, expenses of $114K, and assets of $1.1M (revenue -30.7% year-over-year).
- 2013: Revenue of $74K, expenses of $109K, and assets of $1.2M (revenue +21.9% year-over-year).
- 2012: Revenue of $61K, expenses of $93K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oliver J M Gilman Trust:
Data Sources and Methodology
This transparency report for Oliver J M Gilman Trust 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.