Pawtuxet Memorial Park Trust
Pawtuxet Memorial Park Trust: Low Revenue, High Asset Base, Minimal Transparency
EIN: 222716961 · Warwick, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $32K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $817K |
| Transparency Score | 45/100 |
Is Pawtuxet Memorial Park Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pawtuxet Memorial Park Trust
Pawtuxet Memorial Park Trust (EIN: 222716961) is a nonprofit organization based in Warwick, RI. The organization reported total revenue of $103K and total assets of $918K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pawtuxet Memorial Park Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pawtuxet Memorial Park Trust is a small nonprofit, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $282K |
| Total Expenses | $32K |
| Surplus / Deficit | +$249K |
| Total Assets | $817K |
| Net Assets | $817K |
| Operating Margin | 88.5% |
| Months of Reserves | 301.9 months |
Financial Health Grade: A
In 2022, Pawtuxet Memorial Park Trust reported a surplus of $249K with revenue exceeding expenses, holds 301.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Pawtuxet Memorial Park Trust's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +386.1% | -2.6% | +43.8% |
| 2021 | -11.6% | +5.6% | +4.5% |
| 2020 | +260.3% | +0.9% | +6.7% |
| 2019 | -63.6% | +0.1% | -2.5% |
| 2018 | +95.1% | +1.4% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
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 Pawtuxet Memorial Park Trust 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Pawtuxet Memorial Park Trust allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $249K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for all officers, directors, trustees, and key employees across all available filings, indicating a volunteer-run or minimally compensated leadership structure.
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 Pawtuxet Memorial Park Trust's IRS 990 filings:
- No program service expenses reported, despite being a 'Trust'.
- Consistent reporting of 0% compensation for all personnel raises questions about operational structure and oversight.
- Minimal revenue generation relative to significant asset base suggests a passive or endowment-like function without active programming.
Strengths
The following positive indicators were identified for Pawtuxet Memorial Park Trust:
- Maintains a substantial asset base ($918,025 in 2022) relative to its operational expenses.
- Consistently low expenses, indicating efficient management of its existing assets.
- Zero reported executive compensation suggests a strong commitment to minimizing administrative overhead.
Frequently Asked Questions about Pawtuxet Memorial Park Trust
Is Pawtuxet Memorial Park Trust a legitimate charity?
Pawtuxet Memorial Park Trust (EIN: 222716961) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $103K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Pawtuxet Memorial Park Trust spend its money?
Pawtuxet Memorial Park Trust reported $103K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pawtuxet Memorial Park Trust tax-deductible?
Pawtuxet Memorial Park Trust is registered as a tax-exempt nonprofit (EIN: 222716961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pawtuxet Memorial Park Trust CEO make?
Pawtuxet Memorial Park Trust's highest-compensated officer earns $0 annually. The organization reported $103K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Pawtuxet Memorial Park Trust located?
Pawtuxet Memorial Park Trust is headquartered in Warwick, Rhode Island and files with the IRS under EIN 222716961.
How many years of IRS 990 filings does Pawtuxet Memorial Park Trust have?
Pawtuxet Memorial Park Trust has 12 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 $103K in total revenue.
What does Pawtuxet Memorial Park Trust do?
Pawtuxet Memorial Park Trust is a nonprofit organization in the Unknown sector, located in Warwick, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Pawtuxet Memorial Park Trust have?
Pawtuxet Memorial Park Trust reported total revenue of $102,780. Based on 12 IRS 990 filings on record.
What are Pawtuxet Memorial Park Trust's total assets?
Pawtuxet Memorial Park Trust holds total assets of $918,025 as reported in IRS 990 filings.
Where is Pawtuxet Memorial Park Trust located?
Pawtuxet Memorial Park Trust is based in Warwick, Rhode Island.
What is Pawtuxet Memorial Park Trust's EIN?
Pawtuxet Memorial Park Trust's Employer Identification Number (EIN) is 222716961. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pawtuxet Memorial Park Trust?
Pawtuxet Memorial Park Trust is classified under NTEE code Unknown (Unknown).
Is Pawtuxet Memorial Park Trust a registered 501(c)(3)?
Pawtuxet Memorial Park Trust appears in IRS records (EIN: 222716961). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Pawtuxet Memorial Park Trust file IRS Form 990?
Yes, Pawtuxet Memorial Park Trust has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Pawtuxet Memorial Park Trust's revenue in 2022?
In the 202212 filing period, Pawtuxet Memorial Park Trust reported total revenue of $281,519, total expenses of $32,489, and net assets of $817,323.
Is Pawtuxet Memorial Park Trust's revenue growing or declining?
Pawtuxet Memorial Park Trust's revenue is growing. Revenue went from $57,910 (202112) to $281,519 (202212), a +386.1% change. Based on 12 filings on record.
What is Pawtuxet Memorial Park Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Pawtuxet Memorial Park Trust covers tax period 202212. It shows revenue of $281,519, expenses of $32,489, total assets of $817,323, and liabilities of N/A.
Is Pawtuxet Memorial Park Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Pawtuxet Memorial Park Trust shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Pawtuxet Memorial Park Trust?
The following concerns were identified: No program service expenses reported, despite being a 'Trust'.. Consistent reporting of 0% compensation for all personnel raises questions about operational structure and oversight.. Minimal revenue generation relative to significant asset base suggests a passive or endowment-like function without active programming.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Pawtuxet Memorial Park Trust's strengths?
Positive indicators for Pawtuxet Memorial Park Trust include: Maintains a substantial asset base ($918,025 in 2022) relative to its operational expenses.. Consistently low expenses, indicating efficient management of its existing assets.. Zero reported executive compensation suggests a strong commitment to minimizing administrative overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does Pawtuxet Memorial Park Trust compensate executives?
The organization consistently reports $0 in compensation for all officers, directors, trustees, and key employees across all available filings, indicating a volunteer-run or minimally compensated leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Memorial Park Trust' name and significant assets, what specific activities or services does the organization provide if no program expenses are reported?
The filings do not detail any specific activities or services. The consistent reporting of $0 in program service expenses and the lack of narrative descriptions suggest its primary function might be passive asset management for the upkeep of a memorial park, rather than active programming.
How does the organization sustain its operations and maintain its assets with such low and fluctuating revenue, especially if it's not actively fundraising?
The organization's sustainability appears to rely heavily on its existing asset base and minimal operational costs. Revenue, while low, seems sufficient to cover the reported expenses (e.g., $28,151 in 2022 revenue against $32,489 in expenses, with the difference likely covered by asset drawdowns or investment income not explicitly detailed as revenue).
Filing History
IRS 990 filing history for Pawtuxet Memorial Park Trust showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Pawtuxet Memorial Park Trust's revenue has grown by 735%, moving from $34K to $282K. Total assets increased by 51.5% over the same period, from $540K to $817K. Total functional expenses rose by 12.3%, from $29K to $32K. In its most recent filing year (2022), Pawtuxet Memorial Park Trust reported a surplus of $249K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $282K | $32K | $817K | $0 | — | View 990 |
| 2021 | $58K | $33K | $568K | $0 | — | View 990 |
| 2020 | $66K | $32K | $544K | $0 | — | View 990 |
| 2019 | $18K | $31K | $510K | $0 | — | View 990 |
| 2018 | $50K | $31K | $523K | $0 | — | View 990 |
| 2017 | $26K | $31K | $504K | $0 | — | View 990 |
| 2016 | $41K | $30K | $509K | $0 | — | View 990 |
| 2015 | $27K | $30K | $498K | $0 | — | View 990 |
| 2014 | $8K | $32K | $502K | $0 | — | View 990 |
| 2013 | $25K | $30K | $526K | $0 | — | View 990 |
| 2012 | $20K | $29K | $531K | $0 | — | View 990 |
| 2011 | $34K | $29K | $540K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $282K, expenses of $32K, and assets of $817K (revenue +386.1% year-over-year).
- 2021: Revenue of $58K, expenses of $33K, and assets of $568K (revenue -11.6% year-over-year).
- 2020: Revenue of $66K, expenses of $32K, and assets of $544K (revenue +260.3% year-over-year).
- 2019: Revenue of $18K, expenses of $31K, and assets of $510K (revenue -63.6% year-over-year).
- 2018: Revenue of $50K, expenses of $31K, and assets of $523K (revenue +95.1% year-over-year).
- 2017: Revenue of $26K, expenses of $31K, and assets of $504K (revenue -37.9% year-over-year).
- 2016: Revenue of $41K, expenses of $30K, and assets of $509K (revenue +52.3% year-over-year).
- 2015: Revenue of $27K, expenses of $30K, and assets of $498K (revenue +247.9% year-over-year).
- 2014: Revenue of $8K, expenses of $32K, and assets of $502K (revenue -68.6% year-over-year).
- 2013: Revenue of $25K, expenses of $30K, and assets of $526K (revenue +21.4% year-over-year).
- 2012: Revenue of $20K, expenses of $29K, and assets of $531K (revenue -39.6% year-over-year).
- 2011: Revenue of $34K, expenses of $29K, and assets of $540K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pawtuxet Memorial Park Trust:
Data Sources and Methodology
This transparency report for Pawtuxet Memorial Park 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.