Philip J And Florence R Deer Foundation Trust
Philip J And Florence R Deer Foundation Trust consistently spends more than it earns, leading to declining assets.
EIN: 203959708 · Little Rock, AR · NTEE: T22 · Updated: 2026-03-28
Is Philip J And Florence R Deer Foundation Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Philip J And Florence R Deer Foundation Trust directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Philip J And Florence R Deer Foundation Trust
Philip J And Florence R Deer Foundation Trust (EIN: 203959708) is a nonprofit organization based in Little Rock, AR, classified under NTEE code T22. The organization reported total revenue of $2K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philip J And Florence R Deer Foundation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philip J And Florence R Deer Foundation Trust is a micro nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2010–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $6K |
| Surplus / Deficit | $-3,364 |
| Total Assets | $48K |
| Total Liabilities | $1 |
| Net Assets | $48K |
| Operating Margin | -135.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 98.3 months |
Financial Health Grade: B
In 2022, Philip J And Florence R Deer Foundation Trust reported a deficit of $3K with expenses exceeding revenue, holds 98.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -43.5% | +0.9% | -6.6% |
| 2020 | -127.2% | -22.2% | -16.8% |
| 2019 | -96.8% | -16.3% | -45.0% |
| 2015 | +3255.9% | +44.6% | +173.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2015 |
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 Philip J And Florence R Deer Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Philip J And Florence R Deer Foundation Trust 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a small trust.
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 Philip J And Florence R Deer Foundation Trust's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in most years, e.g., $5,850 expenses vs. $2,486 revenue in 2022).
- Declining asset base over time (from $115,065 in 2015 to $47,912 in 2022).
- Negative revenue reported in multiple periods (e.g., 2020 and 2010), indicating potential investment losses or significant returns.
Strengths
The following positive indicators were identified for Philip J And Florence R Deer Foundation Trust:
- Zero officer compensation reported across all filings, indicating no executive salary overhead.
- Consistent filing of IRS 990s, demonstrating transparency in reporting.
Frequently Asked Questions about Philip J And Florence R Deer Foundation Trust
Is Philip J And Florence R Deer Foundation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Philip J And Florence R Deer Foundation Trust (EIN: 203959708) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Philip J And Florence R Deer Foundation Trust spend its money?
Philip J And Florence R Deer Foundation Trust directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Philip J And Florence R Deer Foundation Trust tax-deductible?
Philip J And Florence R Deer Foundation Trust is registered as a tax-exempt nonprofit (EIN: 203959708). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Philip J And Florence R Deer Foundation Trust financially sustainable?
Based on the consistent trend of expenses exceeding revenue (e.g., $5,850 expenses vs. $2,486 revenue in 2022) and declining assets from $115,065 in 2015 to $47,912 in 2022, the organization's current financial model does not appear sustainable in the long term without new funding or a change in spending.
What are the primary expenses of the foundation?
Without a detailed breakdown of expenses beyond the summary data, it's difficult to pinpoint the primary expense categories. However, the consistent deficits suggest that the total expenses, whatever their nature, are not being covered by revenue.
Why is revenue sometimes negative?
Negative revenue, as seen in 2020 ($-779) and 2010 ($-2,893), typically indicates investment losses or returns of contributions that exceeded any positive income for that period.
Filing History
IRS 990 filing history for Philip J And Florence R Deer Foundation Trust showing financial trends over 7 years of public records:
Total assets decreased by 35.7% over the same period, from $74K to $48K. Total functional expenses fell by 57.8%, from $14K to $6K. In its most recent filing year (2022), Philip J And Florence R Deer Foundation Trust reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $48K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2K | $6K | $48K | $1 | — | View 990 |
| 2021 | $4K | $6K | $51K | $1 | — | — |
| 2020 | $-779 | $10K | $53K | $1 | — | — |
| 2019 | $3K | $13K | $63K | $1 | — | View 990 |
| 2015 | $88K | $15K | $115K | $0 | — | View 990 |
| 2014 | $3K | $10K | $42K | $0 | — | View 990 |
| 2010 | $-2,893 | $14K | $74K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2K, expenses of $6K, and assets of $48K (revenue -43.5% year-over-year).
- 2021: Revenue of $4K, expenses of $6K, and assets of $51K.
- 2020: Revenue of $-779, expenses of $10K, and assets of $53K (revenue -127.2% year-over-year).
- 2019: Revenue of $3K, expenses of $13K, and assets of $63K (revenue -96.8% year-over-year).
- 2015: Revenue of $88K, expenses of $15K, and assets of $115K (revenue +3255.9% year-over-year).
- 2014: Revenue of $3K, expenses of $10K, and assets of $42K.
- 2010: Revenue of $-2,893, expenses of $14K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philip J And Florence R Deer Foundation Trust:
Data Sources and Methodology
This transparency report for Philip J And Florence R Deer Foundation 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.