Putnam Foundation Trust P 09237
Putnam Foundation Trust maintains stable expenses and growing assets with no reported officer compensation.
EIN: 136037083 · Chicago, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $902K |
| Program Spending | 90% |
| Net Assets | $13.0M |
| Transparency Score | 92/100 |
Is Putnam Foundation Trust P 09237 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Putnam Foundation Trust P 09237 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Putnam Foundation Trust P 09237
Putnam Foundation Trust P 09237 (EIN: 136037083) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $4.3M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Putnam Foundation Trust P 09237's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Putnam Foundation Trust P 09237 is a mid-size nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $902K |
| Surplus / Deficit | +$347K |
| Total Assets | $13.0M |
| Total Liabilities | $1 |
| Net Assets | $13.0M |
| Operating Margin | 27.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 172.6 months |
Financial Health Grade: A
In 2023, Putnam Foundation Trust P 09237 reported a surplus of $347K with revenue exceeding expenses, holds 172.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), Putnam Foundation Trust P 09237's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +246.4% | -2.5% | +2.7% |
| 2022 | -63.1% | +6.3% | -4.3% |
| 2021 | +106.5% | +2.3% | +0.8% |
| 2020 | -77.6% | -3.6% | -2.7% |
| 2019 | +202.3% | +0.6% | +16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
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 Putnam Foundation Trust P 09237 with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Putnam Foundation Trust P 09237 allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $347K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a highly volunteer-driven leadership or that compensation is covered by an affiliated entity, making the organization's direct administrative overhead very low.
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 Putnam Foundation Trust P 09237's IRS 990 filings:
- Fluctuating annual revenue, indicating potential reliance on less predictable funding sources (e.g., $360,534 in 2022 vs. $2,108,472 in 2019).
Strengths
The following positive indicators were identified for Putnam Foundation Trust P 09237:
- Consistent asset growth, reaching $12,973,947 in 2023, demonstrating strong financial health.
- 0% officer compensation reported across all filings, indicating highly efficient use of funds and low administrative overhead.
- Stable annual expenses (around $850k-$925k), suggesting effective budgeting and cost control.
- Minimal liabilities ($0 or $1 reported), indicating a very low debt burden and sound financial management.
- Strong program focus implied by the lack of officer compensation and stable expenses relative to asset base.
Frequently Asked Questions about Putnam Foundation Trust P 09237
Is Putnam Foundation Trust P 09237 a legitimate charity?
Putnam Foundation Trust P 09237 (EIN: 136037083) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 8 years of IRS 990 filings on record. Total revenue: $4.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Putnam Foundation Trust P 09237 spend its money?
Putnam Foundation Trust P 09237 directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Putnam Foundation Trust P 09237 tax-deductible?
Putnam Foundation Trust P 09237 is registered as a tax-exempt nonprofit (EIN: 136037083). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Putnam Foundation Trust P 09237 compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Putnam Foundation Trust P 09237 is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Putnam Foundation Trust P 09237 located?
Putnam Foundation Trust P 09237 is headquartered in Chicago, Illinois and files with the IRS under EIN 136037083. It is classified under NTEE code T20.
How many years of IRS 990 filings does Putnam Foundation Trust P 09237 have?
Putnam Foundation Trust P 09237 has 8 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 $4.3M in total revenue.
Is Putnam Foundation Trust P 09237 a good charity?
Based on the available IRS 990 data, Putnam Foundation Trust P 09237 appears to be a very good charity. It demonstrates strong financial health with consistent asset growth (e.g., $12,973,947 in 2023), stable expenses, and remarkably, 0% officer compensation reported across all filings, indicating efficient use of funds.
How does the organization manage its expenses?
The organization manages its expenses very consistently, with annual expenses typically ranging between $850,000 and $925,000 over the past decade. This stability, even with fluctuating revenues, suggests effective budgeting and cost control.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend, increasing from $11,619,848 in 2013 to $12,973,947 in 2023, with a peak of $13,448,489 in 2019. This indicates financial stability and an increasing endowment or capital base.
Filing History
IRS 990 filing history for Putnam Foundation Trust P 09237 showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Putnam Foundation Trust P 09237's revenue has grown by 73.8%, moving from $719K to $1.2M. Total assets increased by 11.7% over the same period, from $11.6M to $13.0M. Total functional expenses rose by 13.9%, from $792K to $902K. In its most recent filing year (2023), Putnam Foundation Trust P 09237 reported a surplus of $347K, with revenue exceeding expenses. The organization holds $1 in liabilities against $13.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $902K | $13.0M | $1 | — | View 990 |
| 2022 | $361K | $925K | $12.6M | $1 | — | View 990 |
| 2021 | $977K | $870K | $13.2M | $1 | — | — |
| 2020 | $473K | $850K | $13.1M | $1 | — | — |
| 2019 | $2.1M | $882K | $13.4M | $1 | — | View 990 |
| 2015 | $697K | $877K | $11.5M | $0 | — | View 990 |
| 2014 | $935K | $850K | $11.7M | $0 | — | View 990 |
| 2013 | $719K | $792K | $11.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $902K, and assets of $13.0M (revenue +246.4% year-over-year).
- 2022: Revenue of $361K, expenses of $925K, and assets of $12.6M (revenue -63.1% year-over-year).
- 2021: Revenue of $977K, expenses of $870K, and assets of $13.2M (revenue +106.5% year-over-year).
- 2020: Revenue of $473K, expenses of $850K, and assets of $13.1M (revenue -77.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $882K, and assets of $13.4M (revenue +202.3% year-over-year).
- 2015: Revenue of $697K, expenses of $877K, and assets of $11.5M (revenue -25.4% year-over-year).
- 2014: Revenue of $935K, expenses of $850K, and assets of $11.7M (revenue +30.0% year-over-year).
- 2013: Revenue of $719K, expenses of $792K, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Putnam Foundation Trust P 09237:
Data Sources and Methodology
This transparency report for Putnam Foundation Trust P 09237 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.