Robert And Martha Trussell Familyfoundation
Robert And Martha Trussell Familyfoundation's assets have declined by over 80% in a decade while consistently spending more than its revenue.
EIN: 203992488 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19K |
| Total Expenses | $182K |
| Program Spending | 90% |
| Net Assets | $392K |
| Transparency Score | 70/100 |
Is Robert And Martha Trussell Familyfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert And Martha Trussell Familyfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert And Martha Trussell Familyfoundation
Robert And Martha Trussell Familyfoundation (EIN: 203992488) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $19K and total assets of $403K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert And Martha Trussell Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert And Martha Trussell Familyfoundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $182K |
| Surplus / Deficit | $-159,307 |
| Total Assets | $392K |
| Total Liabilities | $1 |
| Net Assets | $392K |
| Operating Margin | -688.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 25.8 months |
Financial Health Grade: B
In 2023, Robert And Martha Trussell Familyfoundation reported a deficit of $159K with expenses exceeding revenue, holds 25.8 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 |
|---|---|---|---|
| 2021 | -311.7% | -27.8% | -13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Robert And Martha Trussell Familyfoundation with a Mission Score of 70 out of 100 (Good). 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, Robert And Martha Trussell Familyfoundation 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 deficit of $159K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the foundation, which is highly efficient for an organization of its size.
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 Robert And Martha Trussell Familyfoundation's IRS 990 filings:
- Consistent and significant decline in assets over the past decade, from $2,460,854 in 2011 to $392,221 in 2023.
- Expenses consistently and substantially exceed revenue, indicating a spend-down model rather than sustainable operations based on income.
Strengths
The following positive indicators were identified for Robert And Martha Trussell Familyfoundation:
- Zero officer compensation reported across all filings, indicating highly efficient executive cost management.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Low liabilities ($1 across all filings) indicating a healthy balance sheet in terms of debt.
Frequently Asked Questions about Robert And Martha Trussell Familyfoundation
Is Robert And Martha Trussell Familyfoundation a legitimate charity?
Robert And Martha Trussell Familyfoundation (EIN: 203992488) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $19K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Robert And Martha Trussell Familyfoundation spend its money?
Robert And Martha Trussell Familyfoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Robert And Martha Trussell Familyfoundation tax-deductible?
Robert And Martha Trussell Familyfoundation is registered as a tax-exempt nonprofit (EIN: 203992488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Robert And Martha Trussell Familyfoundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Robert And Martha Trussell Familyfoundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Robert And Martha Trussell Familyfoundation located?
Robert And Martha Trussell Familyfoundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 203992488. It is classified under NTEE code T22.
How many years of IRS 990 filings does Robert And Martha Trussell Familyfoundation have?
Robert And Martha Trussell Familyfoundation 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 $19K in total revenue.
Is the Robert And Martha Trussell Familyfoundation financially sustainable?
Based on the provided data, the foundation is not financially sustainable in the traditional sense, as its assets have consistently declined from $2,460,854 in 2011 to $392,221 in 2023, and its expenses routinely exceed its revenue. This suggests it is spending down its principal rather than operating on recurring income.
What is the primary purpose of the foundation given its spending patterns?
Given the consistent and significant expenses far outweighing revenue, the foundation appears to be a private grantmaking foundation actively disbursing funds, likely from an endowment, rather than accumulating assets or operating on annual contributions.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs very efficiently, as evidenced by 0% officer compensation reported across all filings. This suggests a lean operational structure, potentially relying on volunteer efforts or external services for administrative functions.
Filing History
IRS 990 filing history for Robert And Martha Trussell Familyfoundation showing financial trends over 10 years of public records:
Total assets decreased by 84.1% over the same period, from $2.5M to $392K. Total functional expenses fell by 89.9%, from $1.8M to $182K. In its most recent filing year (2023), Robert And Martha Trussell Familyfoundation reported a deficit of $159K, with expenses exceeding revenue. The organization holds $1 in liabilities against $392K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $392K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $182K | $392K | $1 | — | — |
| 2022 | $-5,121 | $165K | $552K | $1 | — | View 990 |
| 2021 | $-13,241 | $96K | $721K | $1 | — | — |
| 2020 | $6K | $133K | $831K | $1 | — | View 990 |
| 2019 | $-29,461 | $125K | $958K | $1 | — | — |
| 2015 | $-13,825 | $212K | $1.4M | $1 | — | View 990 |
| 2014 | $95K | $326K | $1.6M | $1 | — | View 990 |
| 2013 | $197K | $562K | $1.9M | $1 | — | View 990 |
| 2012 | $137K | $373K | $2.2M | $1 | — | View 990 |
| 2011 | $-31,064 | $1.8M | $2.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $182K, and assets of $392K.
- 2022: Revenue of $-5,121, expenses of $165K, and assets of $552K.
- 2021: Revenue of $-13,241, expenses of $96K, and assets of $721K (revenue -311.7% year-over-year).
- 2020: Revenue of $6K, expenses of $133K, and assets of $831K.
- 2019: Revenue of $-29,461, expenses of $125K, and assets of $958K.
- 2015: Revenue of $-13,825, expenses of $212K, and assets of $1.4M (revenue -114.6% year-over-year).
- 2014: Revenue of $95K, expenses of $326K, and assets of $1.6M (revenue -51.8% year-over-year).
- 2013: Revenue of $197K, expenses of $562K, and assets of $1.9M (revenue +44.3% year-over-year).
- 2012: Revenue of $137K, expenses of $373K, and assets of $2.2M.
- 2011: Revenue of $-31,064, expenses of $1.8M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert And Martha Trussell Familyfoundation:
Data Sources and Methodology
This transparency report for Robert And Martha Trussell Familyfoundation 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.