Rhea H Adam Tr Fund
Rhea H Adam Tr Fund maintains strong asset growth and no officer compensation, despite fluctuating annual revenues.
EIN: 136192599 · Pittsburgh, PA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $515K |
| Program Spending | 85% |
| Net Assets | $8.2M |
| Transparency Score | 85/100 |
Is Rhea H Adam Tr Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rhea H Adam Tr Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rhea H Adam Tr Fund
Rhea H Adam Tr Fund (EIN: 136192599) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T20. The organization reported total revenue of $6.8M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhea H Adam Tr Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhea H Adam Tr Fund is a mid-size nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $920K |
| Total Expenses | $515K |
| Surplus / Deficit | +$405K |
| Total Assets | $8.2M |
| Total Liabilities | $1 |
| Net Assets | $8.2M |
| Operating Margin | 44.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 191.7 months |
Financial Health Grade: A
In 2023, Rhea H Adam Tr Fund reported a surplus of $405K with revenue exceeding expenses, holds 191.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Rhea H Adam Tr Fund's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.2% | -21.3% | +5.2% |
| 2022 | -56.2% | +14.3% | -1.2% |
| 2021 | +352.6% | +9.6% | +9.7% |
| 2020 | -37.8% | +3.2% | -3.2% |
| 2019 | -13.1% | -3.9% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Rhea H Adam Tr Fund with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Rhea H Adam Tr Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $405K, 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 the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive for resource allocation.
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 Rhea H Adam Tr Fund's IRS 990 filings:
- Lack of detailed program vs. administrative expense breakdown in provided data
- Significant year-to-year revenue fluctuations could indicate reliance on unpredictable funding sources
Strengths
The following positive indicators were identified for Rhea H Adam Tr Fund:
- Consistent asset growth, reaching $8,228,989 in 2023
- No reported officer compensation across all filings
- Very low liabilities ($0 or $1) indicating strong financial health
- Stable expense management despite revenue volatility
- Long filing history demonstrating consistent operation
Frequently Asked Questions about Rhea H Adam Tr Fund
Is Rhea H Adam Tr Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Rhea H Adam Tr Fund (EIN: 136192599) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Rhea H Adam Tr Fund spend its money?
Rhea H Adam Tr Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rhea H Adam Tr Fund tax-deductible?
Rhea H Adam Tr Fund is registered as a tax-exempt nonprofit (EIN: 136192599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rhea H Adam Tr Fund's spending goes to programs?
Rhea H Adam Tr Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rhea H Adam Tr Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rhea H Adam Tr Fund 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 Rhea H Adam Tr Fund located?
Rhea H Adam Tr Fund is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 136192599. It is classified under NTEE code T20.
How many years of IRS 990 filings does Rhea H Adam Tr Fund have?
Rhea H Adam Tr Fund 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 $6.8M in total revenue.
Is Rhea H Adam Tr Fund a good charity?
Based on the available data, Rhea H Adam Tr Fund appears to be a financially sound organization with growing assets and no reported officer compensation. Its consistent low liabilities and stable expense levels suggest responsible financial management. However, without a detailed breakdown of program spending, it's difficult to fully assess its direct charitable impact.
How does the organization manage its finances given fluctuating revenue?
The organization appears to manage its finances effectively by maintaining stable expense levels (around $500k-$650k annually) despite significant fluctuations in revenue (e.g., $1.27M in 2021 vs. $281k in 2020). This suggests a conservative budgeting approach and reliance on its substantial asset base ($8.2M in 2023) to cover operational costs during lower revenue periods.
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is a significant positive indicator. It suggests that the organization's leadership is either entirely volunteer, or compensated through non-officer roles, which can lead to more resources being directed towards the mission rather than executive salaries. This enhances public trust and demonstrates a commitment to efficient resource use.
Filing History
IRS 990 filing history for Rhea H Adam Tr Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Rhea H Adam Tr Fund's revenue has grown by 76.9%, moving from $520K to $920K. Total assets increased by 17.8% over the same period, from $7.0M to $8.2M. Total functional expenses fell by 2.3%, from $527K to $515K. In its most recent filing year (2023), Rhea H Adam Tr Fund reported a surplus of $405K, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $920K | $515K | $8.2M | $1 | — | View 990 |
| 2022 | $557K | $655K | $7.8M | $1 | — | View 990 |
| 2021 | $1.3M | $573K | $7.9M | $1 | — | — |
| 2020 | $281K | $523K | $7.2M | $1 | — | — |
| 2019 | $452K | $507K | $7.5M | $0 | — | View 990 |
| 2015 | $520K | $527K | $7.0M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $920K, expenses of $515K, and assets of $8.2M (revenue +65.2% year-over-year).
- 2022: Revenue of $557K, expenses of $655K, and assets of $7.8M (revenue -56.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $573K, and assets of $7.9M (revenue +352.6% year-over-year).
- 2020: Revenue of $281K, expenses of $523K, and assets of $7.2M (revenue -37.8% year-over-year).
- 2019: Revenue of $452K, expenses of $507K, and assets of $7.5M (revenue -13.1% year-over-year).
- 2015: Revenue of $520K, expenses of $527K, and assets of $7.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhea H Adam Tr Fund:
Data Sources and Methodology
This transparency report for Rhea H Adam Tr Fund 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.