Paul R Thompson & Bertha M Thompson Charitable Tr
EIN: 846730157 · Larchwood, IA
| Metric | Value |
|---|---|
| Total Revenue | $337K |
| Total Expenses | $193K |
| Net Assets | $3.1M |
Is Paul R Thompson & Bertha M Thompson 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 R Thompson & Bertha M Thompson Charitable Tr
Paul R Thompson & Bertha M Thompson Charitable Tr (EIN: 846730157) is a nonprofit organization based in Larchwood, IA. The organization reported total revenue of $337K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paul R Thompson & Bertha M Thompson Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paul R Thompson & Bertha M Thompson Charitable Tr is a small nonprofit, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 30.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $193K |
| Surplus / Deficit | $-74,168 |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | -62.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 194.5 months |
Financial Health Grade: B
In 2023, Paul R Thompson & Bertha M Thompson Charitable Tr reported a deficit of $74K with expenses exceeding revenue, holds 194.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Paul R Thompson & Bertha M Thompson Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 30.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.9% | +36.9% | -2.3% |
| 2022 | -41.6% | -27.7% | -1.8% |
| 2021 | +166.1% | +79.6% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Paul R Thompson & Bertha M Thompson 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 R Thompson & Bertha M Thompson 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 $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Paul R Thompson & Bertha M Thompson Charitable Tr
Is Paul R Thompson & Bertha M Thompson Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Paul R Thompson & Bertha M Thompson Charitable Tr (EIN: 846730157) insufficient data. 0 red flags identified, 0 strengths noted.
How does Paul R Thompson & Bertha M Thompson Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Paul R Thompson & Bertha M Thompson Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Paul R Thompson & Bertha M Thompson Charitable Tr tax-deductible?
Paul R Thompson & Bertha M Thompson Charitable Tr is registered as a tax-exempt nonprofit (EIN: 846730157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paul R Thompson & Bertha M Thompson Charitable Tr located?
Paul R Thompson & Bertha M Thompson Charitable Tr is headquartered in Larchwood, Iowa and files with the IRS under EIN 846730157.
How many years of IRS 990 filings does Paul R Thompson & Bertha M Thompson Charitable Tr have?
Paul R Thompson & Bertha M Thompson Charitable Tr has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $337K in total revenue.
Filing History
IRS 990 filing history for Paul R Thompson & Bertha M Thompson Charitable Tr showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Paul R Thompson & Bertha M Thompson Charitable Tr's revenue has grown by 120.7%, moving from $54K to $119K. Total assets decreased by 5.5% over the same period, from $3.3M to $3.1M. Total functional expenses rose by 77.7%, from $109K to $193K. In its most recent filing year (2023), Paul R Thompson & Bertha M Thompson Charitable Tr reported a deficit of $74K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $193K | $3.1M | $1 | — | — |
| 2022 | $84K | $141K | $3.2M | $1 | — | View 990 |
| 2021 | $144K | $195K | $3.3M | $1 | — | View 990 |
| 2020 | $54K | $109K | $3.3M | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $193K, and assets of $3.1M (revenue +41.9% year-over-year).
- 2022: Revenue of $84K, expenses of $141K, and assets of $3.2M (revenue -41.6% year-over-year).
- 2021: Revenue of $144K, expenses of $195K, and assets of $3.3M (revenue +166.1% year-over-year).
- 2020: Revenue of $54K, expenses of $109K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paul R Thompson & Bertha M Thompson Charitable Tr:
Data Sources and Methodology
This transparency report for Paul R Thompson & Bertha M Thompson 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.