Pta Wetmore St Sch Scholarship Trust 30 134800
PTA Wetmore St Sch Scholarship Trust 30 134800 shows minimal financial activity and declining assets over the past decade.
EIN: 166064955 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2 |
| Total Expenses | $20 |
| Net Assets | $71 |
| Transparency Score | 20/100 |
Is Pta Wetmore St Sch Scholarship Trust 30 134800 Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pta Wetmore St Sch Scholarship Trust 30 134800
Pta Wetmore St Sch Scholarship Trust 30 134800 (EIN: 166064955) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $2 and total assets of $72 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pta Wetmore St Sch Scholarship Trust 30 134800's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pta Wetmore St Sch Scholarship Trust 30 134800 is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2019).
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $2 |
| Total Expenses | $20 |
| Surplus / Deficit | $-18 |
| Total Assets | $72 |
| Total Liabilities | $1 |
| Net Assets | $71 |
| Operating Margin | -900.0% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 43.2 months |
Financial Health Grade: B
In 2019, Pta Wetmore St Sch Scholarship Trust 30 134800 reported a deficit of $18 with expenses exceeding revenue, holds 43.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +100.0% | +0.0% | -52.9% |
| 2015 | +0.0% | -9.1% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Pta Wetmore St Sch Scholarship Trust 30 134800 with a Mission Score of 20 out of 100 (Poor). 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, Pta Wetmore St Sch Scholarship Trust 30 134800 allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is appropriate for an organization with such minimal financial activity and likely volunteer-led operations.
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 Pta Wetmore St Sch Scholarship Trust 30 134800's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) over multiple years, indicating reliance on asset depletion.
- Significant decline in assets from $235 in 2011 to $72 in 2019, suggesting a lack of new funding or active management.
- Extremely low revenue ($0-$2 annually) which is insufficient to support any meaningful program activities.
Strengths
The following positive indicators were identified for Pta Wetmore St Sch Scholarship Trust 30 134800:
- Consistent IRS 990 filing history, demonstrating compliance and transparency for its size.
- No reported officer compensation, indicating volunteer leadership and efficient use of limited funds for administrative purposes.
Frequently Asked Questions about Pta Wetmore St Sch Scholarship Trust 30 134800
Is Pta Wetmore St Sch Scholarship Trust 30 134800 a legitimate charity?
Pta Wetmore St Sch Scholarship Trust 30 134800 (EIN: 166064955) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 20/100. It has 6 years of IRS 990 filings on record. Total revenue: $2. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Pta Wetmore St Sch Scholarship Trust 30 134800 spend its money?
Pta Wetmore St Sch Scholarship Trust 30 134800 reported $2 in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pta Wetmore St Sch Scholarship Trust 30 134800 tax-deductible?
Pta Wetmore St Sch Scholarship Trust 30 134800 is registered as a tax-exempt nonprofit (EIN: 166064955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pta Wetmore St Sch Scholarship Trust 30 134800 located?
Pta Wetmore St Sch Scholarship Trust 30 134800 is headquartered in Providence, Rhode Island and files with the IRS under EIN 166064955.
How many years of IRS 990 filings does Pta Wetmore St Sch Scholarship Trust 30 134800 have?
Pta Wetmore St Sch Scholarship Trust 30 134800 has 6 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 $2 in total revenue.
Is PTA Wetmore St Sch Scholarship Trust 30 134800 actively providing scholarships?
Based on the minimal revenue ($1-$2 annually) and consistent expenses ($20-$27 annually) which likely cover administrative costs, it is highly improbable that the organization is actively providing significant scholarships. The declining asset base also suggests a lack of new program funding.
Why are the expenses consistently higher than the revenue?
The consistent pattern of expenses ($20-$27) exceeding revenue ($0-$2) indicates that the organization is drawing down its existing assets to cover its minimal operational costs, rather than funding activities through new contributions.
What is the purpose of this organization given its current financial state?
Given its financial state, the organization appears to be in a dormant or winding-down phase, maintaining its legal existence with minimal administrative expenses while its assets gradually deplete. Its original purpose was likely to provide scholarships, but current activity suggests this is no longer the case.
Filing History
IRS 990 filing history for Pta Wetmore St Sch Scholarship Trust 30 134800 showing financial trends over 6 years of public records:
Total assets decreased by 69.4% over the same period, from $235 to $72. Total functional expenses fell by 25.9%, from $27 to $20. In its most recent filing year (2019), Pta Wetmore St Sch Scholarship Trust 30 134800 reported a deficit of $18, with expenses exceeding revenue. The organization holds $1 in liabilities against $72 in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $71.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $2 | $20 | $72 | $1 | — | View 990 |
| 2015 | $1 | $20 | $153 | $1 | — | View 990 |
| 2014 | $1 | $22 | $173 | $1 | — | View 990 |
| 2013 | $0 | $20 | $195 | $0 | — | View 990 |
| 2012 | $0 | $20 | $215 | $0 | — | View 990 |
| 2011 | $0 | $27 | $235 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $2, expenses of $20, and assets of $72 (revenue +100.0% year-over-year).
- 2015: Revenue of $1, expenses of $20, and assets of $153 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $22, and assets of $173.
- 2013: Revenue of $0, expenses of $20, and assets of $195.
- 2012: Revenue of $0, expenses of $20, and assets of $215.
- 2011: Revenue of $0, expenses of $27, and assets of $235.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pta Wetmore St Sch Scholarship Trust 30 134800:
Data Sources and Methodology
This transparency report for Pta Wetmore St Sch Scholarship Trust 30 134800 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.