Richard M Allen Charitable Trust U D 12 23 85 M B
Richard M Allen Charitable Trust maintains strong asset growth and low expenses with no reported officer compensation.
EIN: 136868370 · Egremont, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $217K |
| Program Spending | 90% |
| Net Assets | $3.3M |
| Transparency Score | 85/100 |
Is Richard M Allen Charitable Trust U D 12 23 85 M B Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richard M Allen Charitable Trust U D 12 23 85 M B directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richard M Allen Charitable Trust U D 12 23 85 M B
Richard M Allen Charitable Trust U D 12 23 85 M B (EIN: 136868370) is a nonprofit organization based in Egremont, MA. The organization reported total revenue of $1.1M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard M Allen Charitable Trust U D 12 23 85 M B's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard M Allen Charitable Trust U D 12 23 85 M B is a mid-size nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $856K |
| Total Expenses | $217K |
| Surplus / Deficit | +$639K |
| Total Assets | $3.3M |
| Total Liabilities | $1 |
| Net Assets | $3.3M |
| Operating Margin | 74.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 184.8 months |
Financial Health Grade: A
In 2023, Richard M Allen Charitable Trust U D 12 23 85 M B reported a surplus of $639K with revenue exceeding expenses, holds 184.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Richard M Allen Charitable Trust U D 12 23 85 M B's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.1% | +143.2% | -1.4% |
| 2022 | -26.7% | +49.7% | +17.9% |
| 2021 | +9.7% | -15.4% | -13.8% |
| 2020 | +90.3% | -71.7% | +19.8% |
| 2019 | +23.3% | +437.8% | +60.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Richard M Allen Charitable Trust U D 12 23 85 M B 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: 90%
- fundraising: 0%
According to IRS 990 filings, Richard M Allen Charitable Trust U D 12 23 85 M B 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 $639K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led or trust-managed 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 Richard M Allen Charitable Trust U D 12 23 85 M B's IRS 990 filings:
- NTEE Code is 'Unknown', making peer comparison difficult.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data makes precise efficiency assessment challenging.
Strengths
The following positive indicators were identified for Richard M Allen Charitable Trust U D 12 23 85 M B:
- Strong and consistent asset growth, from $1,071,101 in 2011 to $3,347,606 in 2023.
- Very low total expenses relative to revenue, indicating high financial efficiency (e.g., 2023 expenses $217,327 vs. revenue $856,387).
- Consistently reports 0% officer compensation, suggesting minimal executive overhead.
- Extremely low liabilities across all reported periods, indicating sound financial management and minimal debt.
- Long history of IRS 990 filings (10 filings) demonstrates consistent reporting and transparency.
Frequently Asked Questions about Richard M Allen Charitable Trust U D 12 23 85 M B
Is Richard M Allen Charitable Trust U D 12 23 85 M B a legitimate charity?
Richard M Allen Charitable Trust U D 12 23 85 M B (EIN: 136868370) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Richard M Allen Charitable Trust U D 12 23 85 M B spend its money?
Richard M Allen Charitable Trust U D 12 23 85 M B directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Richard M Allen Charitable Trust U D 12 23 85 M B tax-deductible?
Richard M Allen Charitable Trust U D 12 23 85 M B is registered as a tax-exempt nonprofit (EIN: 136868370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Richard M Allen Charitable Trust U D 12 23 85 M B located?
Richard M Allen Charitable Trust U D 12 23 85 M B is headquartered in Egremont, Massachusetts and files with the IRS under EIN 136868370.
How many years of IRS 990 filings does Richard M Allen Charitable Trust U D 12 23 85 M B have?
Richard M Allen Charitable Trust U D 12 23 85 M B has 10 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 $1.1M in total revenue.
Is the Richard M Allen Charitable Trust a good charity?
Based on the available data, the Trust appears to be a financially sound organization with strong asset growth, very low expenses relative to revenue, and no reported officer compensation. These factors suggest efficient use of funds, though a detailed breakdown of program spending would provide a clearer picture of its direct charitable impact.
How does the Trust manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the Trust is either entirely volunteer-run at the executive level, or its management is compensated through other means not classified as officer compensation on the 990, or it operates as a private foundation with trustees who may not draw salaries from the trust itself.
What is the primary use of the Trust's funds?
While the specific program activities are not detailed in the provided data, the very low total expenses relative to revenue and the significant growth in assets suggest that a substantial portion of the Trust's income is either granted out to other organizations (as is common for charitable trusts) or reinvested to grow the endowment, rather than being consumed by operational costs.
Has the Trust's financial health improved over time?
Yes, the Trust's financial health has significantly improved. Assets have grown from $1,071,101 in 2011 to $3,347,606 in 2023, and revenue has generally trended upwards, indicating a strong and growing financial base.
Filing History
IRS 990 filing history for Richard M Allen Charitable Trust U D 12 23 85 M B showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Richard M Allen Charitable Trust U D 12 23 85 M B's revenue has grown by 228.3%, moving from $261K to $856K. Total assets increased by 212.5% over the same period, from $1.1M to $3.3M. Total functional expenses rose by 737.2%, from $26K to $217K. In its most recent filing year (2023), Richard M Allen Charitable Trust U D 12 23 85 M B reported a surplus of $639K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $856K | $217K | $3.3M | $1 | — | View 990 |
| 2022 | $538K | $89K | $3.4M | $25K | — | View 990 |
| 2021 | $734K | $60K | $2.9M | $1 | — | View 990 |
| 2020 | $669K | $71K | $3.3M | $1 | — | View 990 |
| 2019 | $352K | $250K | $2.8M | $0 | — | View 990 |
| 2015 | $285K | $46K | $1.7M | $0 | — | View 990 |
| 2014 | $278K | $46K | $1.5M | $0 | — | View 990 |
| 2013 | $253K | $105K | $1.3M | $0 | — | View 990 |
| 2012 | $162K | $99K | $1.1M | $0 | — | View 990 |
| 2011 | $261K | $26K | $1.1M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $856K, expenses of $217K, and assets of $3.3M (revenue +59.1% year-over-year).
- 2022: Revenue of $538K, expenses of $89K, and assets of $3.4M (revenue -26.7% year-over-year).
- 2021: Revenue of $734K, expenses of $60K, and assets of $2.9M (revenue +9.7% year-over-year).
- 2020: Revenue of $669K, expenses of $71K, and assets of $3.3M (revenue +90.3% year-over-year).
- 2019: Revenue of $352K, expenses of $250K, and assets of $2.8M (revenue +23.3% year-over-year).
- 2015: Revenue of $285K, expenses of $46K, and assets of $1.7M (revenue +2.7% year-over-year).
- 2014: Revenue of $278K, expenses of $46K, and assets of $1.5M (revenue +9.8% year-over-year).
- 2013: Revenue of $253K, expenses of $105K, and assets of $1.3M (revenue +56.2% year-over-year).
- 2012: Revenue of $162K, expenses of $99K, and assets of $1.1M (revenue -37.9% year-over-year).
- 2011: Revenue of $261K, expenses of $26K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard M Allen Charitable Trust U D 12 23 85 M B:
Data Sources and Methodology
This transparency report for Richard M Allen Charitable Trust U D 12 23 85 M B 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.