Robert F Mccullough Endowment Trust
Robert F McCullough Endowment Trust maintains asset growth despite recent expense overages and zero officer compensation.
EIN: 134288017 · Pennington, NJ · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $99K |
| Program Spending | 90% |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Robert F Mccullough Endowment Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert F Mccullough Endowment Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert F Mccullough Endowment Trust
Robert F Mccullough Endowment Trust (EIN: 134288017) is a nonprofit organization based in Pennington, NJ, classified under NTEE code X21. The organization reported total revenue of $2.2M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert F Mccullough Endowment Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert F Mccullough Endowment Trust is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $99K |
| Surplus / Deficit | $-49,106 |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | -99.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 199.2 months |
Financial Health Grade: B
In 2024, Robert F Mccullough Endowment Trust reported a deficit of $49K with expenses exceeding revenue, holds 199.2 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 (2012–2024), Robert F Mccullough Endowment Trust's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -59.0% | -32.3% | -3.0% |
| 2023 | -47.2% | +151.1% | -1.5% |
| 2022 | +44.3% | -20.1% | +11.0% |
| 2021 | -1.0% | +39.3% | +5.7% |
| 2020 | +31.5% | -39.0% | +16.4% |
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 F Mccullough Endowment Trust 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, Robert F Mccullough Endowment Trust 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the trust operates without paid officers or that compensation falls below reporting thresholds, suggesting a highly volunteer-driven or externally managed structure relative to its asset 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 F Mccullough Endowment Trust's IRS 990 filings:
- Expenses exceeded revenue in 4 of the last 5 reported periods (2024, 2023, 2013, 2012), which, if sustained without asset growth, could impact long-term sustainability.
Strengths
The following positive indicators were identified for Robert F Mccullough Endowment Trust:
- Consistent asset growth from $1,199,725 in 2012 to $1,637,984 in 2024, indicating sound financial management.
- Zero officer compensation reported across all filings, suggesting highly efficient governance and low administrative costs.
- Minimal liabilities ($1 in recent years) indicating a very low-risk financial position.
- Consistent IRS 990 filing history demonstrates transparency and compliance.
Frequently Asked Questions about Robert F Mccullough Endowment Trust
Is Robert F Mccullough Endowment Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert F Mccullough Endowment Trust (EIN: 134288017) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Robert F Mccullough Endowment Trust spend its money?
Robert F Mccullough Endowment Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Robert F Mccullough Endowment Trust tax-deductible?
Robert F Mccullough Endowment Trust is registered as a tax-exempt nonprofit (EIN: 134288017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Robert F Mccullough Endowment Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Robert F Mccullough Endowment Trust is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Robert F Mccullough Endowment Trust located?
Robert F Mccullough Endowment Trust is headquartered in Pennington, New Jersey and files with the IRS under EIN 134288017. It is classified under NTEE code X21.
How many years of IRS 990 filings does Robert F Mccullough Endowment Trust have?
Robert F Mccullough Endowment Trust 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 $2.2M in total revenue.
Is the Robert F McCullough Endowment Trust financially stable?
Yes, the trust appears financially stable, with assets growing from $1,199,725 in 2012 to $1,637,984 in 2024 and consistently minimal liabilities ($1 in recent years).
Does the trust spend efficiently?
The trust appears to spend efficiently, as evidenced by 0% officer compensation reported across all filings, suggesting low administrative overhead. However, a detailed breakdown of expenses would provide more clarity on program vs. administrative spending.
Why do expenses sometimes exceed revenue?
As an endowment trust, it's common for expenses (primarily grants and operational costs) to exceed revenue in certain periods, especially if the trust is drawing from its principal or accumulated investment gains to fulfill its grantmaking mission. This is not necessarily a negative for an endowment, but consistent monitoring is prudent.
Filing History
IRS 990 filing history for Robert F Mccullough Endowment Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Robert F Mccullough Endowment Trust's revenue has declined by 9.9%, moving from $55K to $50K. Total assets increased by 36.5% over the same period, from $1.2M to $1.6M. Total functional expenses rose by 30.7%, from $75K to $99K. In its most recent filing year (2024), Robert F Mccullough Endowment Trust reported a deficit of $49K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $50K | $99K | $1.6M | $1 | — | — |
| 2023 | $121K | $146K | $1.7M | $1 | — | View 990 |
| 2022 | $229K | $58K | $1.7M | $1 | — | View 990 |
| 2021 | $159K | $73K | $1.5M | $1 | — | — |
| 2020 | $160K | $52K | $1.5M | $1 | — | View 990 |
| 2016 | $122K | $86K | $1.3M | $0 | — | View 990 |
| 2015 | $111K | $84K | $1.2M | $0 | — | View 990 |
| 2014 | $90K | $80K | $1.2M | $0 | — | View 990 |
| 2013 | $63K | $77K | $1.2M | $0 | — | View 990 |
| 2012 | $55K | $75K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $50K, expenses of $99K, and assets of $1.6M (revenue -59.0% year-over-year).
- 2023: Revenue of $121K, expenses of $146K, and assets of $1.7M (revenue -47.2% year-over-year).
- 2022: Revenue of $229K, expenses of $58K, and assets of $1.7M (revenue +44.3% year-over-year).
- 2021: Revenue of $159K, expenses of $73K, and assets of $1.5M (revenue -1.0% year-over-year).
- 2020: Revenue of $160K, expenses of $52K, and assets of $1.5M (revenue +31.5% year-over-year).
- 2016: Revenue of $122K, expenses of $86K, and assets of $1.3M (revenue +9.8% year-over-year).
- 2015: Revenue of $111K, expenses of $84K, and assets of $1.2M (revenue +22.7% year-over-year).
- 2014: Revenue of $90K, expenses of $80K, and assets of $1.2M (revenue +42.4% year-over-year).
- 2013: Revenue of $63K, expenses of $77K, and assets of $1.2M (revenue +15.4% year-over-year).
- 2012: Revenue of $55K, expenses of $75K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert F Mccullough Endowment Trust:
Data Sources and Methodology
This transparency report for Robert F Mccullough Endowment Trust 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.