Paul & Mary Cancellarini Charitable Tr
EIN: 66414334 · Denver, CO · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $59K |
| Net Assets | $520K |
Is Paul & Mary Cancellarini Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Paul & Mary Cancellarini Charitable Tr
Paul & Mary Cancellarini Charitable Tr (EIN: 66414334) is a nonprofit organization based in Denver, CO, classified under NTEE code T20Z. The organization reported total revenue of $264K and total assets of $573K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paul & Mary Cancellarini Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paul & Mary Cancellarini Charitable Tr is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $59K |
| Surplus / Deficit | $-35,849 |
| Total Assets | $520K |
| Total Liabilities | $1 |
| Net Assets | $520K |
| Operating Margin | -153.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 105.5 months |
Financial Health Grade: B
In 2023, Paul & Mary Cancellarini Charitable Tr reported a deficit of $36K with expenses exceeding revenue, holds 105.5 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), Paul & Mary Cancellarini Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.0% | -24.7% | -6.4% |
| 2022 | +592.1% | +13.7% | -7.5% |
| 2021 | -94.1% | +5.5% | -6.6% |
| 2020 | +149.0% | +9.5% | +4.8% |
| 2019 | -33.9% | -13.3% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Paul & Mary Cancellarini Charitable 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 Paul & Mary Cancellarini Charitable 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 $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Paul & Mary Cancellarini Charitable Tr
Is Paul & Mary Cancellarini Charitable Tr a legitimate charity?
Paul & Mary Cancellarini Charitable Tr (EIN: 66414334) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $264K. No red flags identified. Financial health grade: B.
How does Paul & Mary Cancellarini Charitable Tr spend its money?
Paul & Mary Cancellarini Charitable Tr reported $264K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Paul & Mary Cancellarini Charitable Tr tax-deductible?
Paul & Mary Cancellarini Charitable Tr is registered as a tax-exempt nonprofit (EIN: 66414334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paul & Mary Cancellarini Charitable Tr located?
Paul & Mary Cancellarini Charitable Tr is headquartered in Denver, Colorado and files with the IRS under EIN 66414334. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Paul & Mary Cancellarini Charitable Tr have?
Paul & Mary Cancellarini Charitable Tr 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 $264K in total revenue.
Filing History
IRS 990 filing history for Paul & Mary Cancellarini Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Paul & Mary Cancellarini Charitable Tr's revenue has declined by 85.4%, moving from $160K to $23K. Total assets decreased by 28.2% over the same period, from $725K to $520K. Total functional expenses fell by 13.7%, from $69K to $59K. In its most recent filing year (2023), Paul & Mary Cancellarini Charitable Tr reported a deficit of $36K, with expenses exceeding revenue. The organization holds $1 in liabilities against $520K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $520K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $59K | $520K | $1 | — | View 990 |
| 2022 | $33K | $79K | $556K | $1 | — | View 990 |
| 2021 | $5K | $69K | $601K | $1 | — | — |
| 2020 | $82K | $66K | $643K | $1 | — | View 990 |
| 2019 | $33K | $60K | $614K | $1 | — | View 990 |
| 2015 | $50K | $69K | $646K | $1 | — | View 990 |
| 2014 | $99K | $68K | $665K | $1 | — | View 990 |
| 2013 | $31K | $62K | $608K | $1 | — | View 990 |
| 2012 | $22K | $68K | $679K | $40K | — | View 990 |
| 2011 | $160K | $69K | $725K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $59K, and assets of $520K (revenue -30.0% year-over-year).
- 2022: Revenue of $33K, expenses of $79K, and assets of $556K (revenue +592.1% year-over-year).
- 2021: Revenue of $5K, expenses of $69K, and assets of $601K (revenue -94.1% year-over-year).
- 2020: Revenue of $82K, expenses of $66K, and assets of $643K (revenue +149.0% year-over-year).
- 2019: Revenue of $33K, expenses of $60K, and assets of $614K (revenue -33.9% year-over-year).
- 2015: Revenue of $50K, expenses of $69K, and assets of $646K (revenue -49.7% year-over-year).
- 2014: Revenue of $99K, expenses of $68K, and assets of $665K (revenue +223.1% year-over-year).
- 2013: Revenue of $31K, expenses of $62K, and assets of $608K (revenue +36.7% year-over-year).
- 2012: Revenue of $22K, expenses of $68K, and assets of $679K (revenue -86.0% year-over-year).
- 2011: Revenue of $160K, expenses of $69K, and assets of $725K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paul & Mary Cancellarini Charitable Tr:
Data Sources and Methodology
This transparency report for Paul & Mary Cancellarini Charitable 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.