Paul Koehmstedt Trust I
Paul Koehmstedt Trust I consistently spends more than it earns, depleting its assets over time.
EIN: 206759561 · Minto, ND · NTEE: T20 · Updated: 2026-03-28
Is Paul Koehmstedt Trust I Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paul Koehmstedt Trust I directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paul Koehmstedt Trust I
Paul Koehmstedt Trust I (EIN: 206759561) is a nonprofit organization based in Minto, ND, classified under NTEE code T20. The organization reported total revenue of $3K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paul Koehmstedt Trust I's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Paul Koehmstedt Trust I with a Mission Score of 45 out of 100 (Fair). 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, Paul Koehmstedt Trust I 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the trust is managed without paid officers, which is a positive for minimizing administrative overhead.
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 Paul Koehmstedt Trust I's IRS 990 filings:
- Consistent deficit spending, with expenses frequently far exceeding revenue (e.g., $12,177 expenses vs. $244 revenue in 202212).
- Significant and continuous decline in assets over time, from $217,662 in 201112 to $89,936 currently.
- Lack of detailed expense breakdown to understand the nature of spending beyond overall totals.
Strengths
The following positive indicators were identified for Paul Koehmstedt Trust I:
- No officer compensation reported, indicating a volunteer or passively managed structure.
- Consistently low liabilities ($1 across all periods), indicating no significant debt.
- Regular filing of IRS 990 forms, demonstrating compliance and transparency in reporting.
Frequently Asked Questions about Paul Koehmstedt Trust I
Is Paul Koehmstedt Trust I a legitimate charity?
Based on AI analysis of IRS 990 filings, Paul Koehmstedt Trust I (EIN: 206759561) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Paul Koehmstedt Trust I spend its money?
Paul Koehmstedt Trust I directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paul Koehmstedt Trust I tax-deductible?
Paul Koehmstedt Trust I is registered as a tax-exempt nonprofit (EIN: 206759561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What specific programs or grants does Paul Koehmstedt Trust I support?
The provided data does not detail specific programs or grant recipients. As a private grantmaking foundation (NTEE T20), its primary activity would typically be making grants, but the beneficiaries are not specified in this summary.
What is the long-term sustainability plan for Paul Koehmstedt Trust I given its consistent asset depletion?
The trust's assets have decreased from $217,662 in 201112 to $89,936 currently, while expenses frequently exceed revenue. Without a change in financial strategy or an increase in revenue, the trust's ability to continue its activities will diminish over time as its asset base is depleted.
Why are expenses consistently so much higher than revenue for Paul Koehmstedt Trust I?
The data shows a consistent pattern of expenses significantly exceeding revenue (e.g., $12,177 expenses vs. $244 revenue in 202212). This suggests the trust is primarily spending down its principal assets rather than operating on generated income, which is common for some trusts but raises questions about its longevity.
Filing History
IRS 990 filing history for Paul Koehmstedt Trust I showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Paul Koehmstedt Trust I's revenue has declined by 29.7%, moving from $2K to $1K. Total assets decreased by 57.2% over the same period, from $218K to $93K. Total functional expenses fell by 36.4%, from $3K to $2K. In its most recent filing year (2023), Paul Koehmstedt Trust I reported a deficit of $918, with expenses exceeding revenue. The organization holds $1 in liabilities against $93K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $93K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $2K | $93K | $1 | — | — |
| 2022 | $244 | $12K | $96K | $1 | — | View 990 |
| 2021 | $320 | $3K | $108K | $1 | — | — |
| 2020 | $1K | $3K | $110K | $1 | — | — |
| 2019 | $1K | $4K | $113K | $1 | — | View 990 |
| 2015 | $395 | $660 | $166K | $1 | — | View 990 |
| 2014 | $396 | $3K | $166K | $1 | — | View 990 |
| 2013 | $434 | $10K | $168K | $1 | — | View 990 |
| 2012 | $817 | $41K | $177K | $1 | — | View 990 |
| 2011 | $2K | $3K | $218K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $2K, and assets of $93K (revenue +397.1% year-over-year).
- 2022: Revenue of $244, expenses of $12K, and assets of $96K (revenue -23.8% year-over-year).
- 2021: Revenue of $320, expenses of $3K, and assets of $108K (revenue -72.3% year-over-year).
- 2020: Revenue of $1K, expenses of $3K, and assets of $110K (revenue -5.3% year-over-year).
- 2019: Revenue of $1K, expenses of $4K, and assets of $113K (revenue +208.9% year-over-year).
- 2015: Revenue of $395, expenses of $660, and assets of $166K (revenue -0.3% year-over-year).
- 2014: Revenue of $396, expenses of $3K, and assets of $166K (revenue -8.8% year-over-year).
- 2013: Revenue of $434, expenses of $10K, and assets of $168K (revenue -46.9% year-over-year).
- 2012: Revenue of $817, expenses of $41K, and assets of $177K (revenue -52.7% year-over-year).
- 2011: Revenue of $2K, expenses of $3K, and assets of $218K.
Data Sources and Methodology
This transparency report for Paul Koehmstedt Trust I 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.