Robert F Smith Charitable Tr 02 1011984

Robert F Smith Charitable Tr 02 maintains stable assets with no reported officer compensation.

EIN: 200321180 · Chicago, IL · NTEE: T20 · Updated: 2026-03-28

$314KRevenue
$902KAssets
85/100Mission Score (Excellent)
T20
Robert F Smith Charitable Tr 02 1011984 Financial Summary
MetricValue
Total Revenue$314K
Total Expenses$57K
Program Spending75%
Net Assets$902K
Transparency Score85/100

Is Robert F Smith Charitable Tr 02 1011984 Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Robert F Smith Charitable Tr 02 1011984 directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Robert F Smith Charitable Tr 02 1011984

Robert F Smith Charitable Tr 02 1011984 (EIN: 200321180) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $314K and total assets of $902K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert F Smith Charitable Tr 02 1011984's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
7Years of Filings
MixedRevenue Trajectory

Robert F Smith Charitable Tr 02 1011984 is a small nonprofit that has been operating for 22 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 0.1%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$41K
Total Expenses$57K
Surplus / Deficit$-16,199
Total Assets$902K
Total Liabilities$1
Net Assets$902K
Operating Margin-39.7%
Debt-to-Asset Ratio0.0%
Months of Reserves189.9 months

Financial Health Grade: B

In 2020, Robert F Smith Charitable Tr 02 1011984 reported a deficit of $16K with expenses exceeding revenue, holds 189.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 7 years of filings (2011–2020), Robert F Smith Charitable Tr 02 1011984's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.

YearRevenue ChangeExpense ChangeAsset Change
2020-4.3%-14.9%-1.8%
2019-59.3%+317.1%-12.1%
2015+7.4%-57.9%+9.3%
2014+152.8%-38.5%+6.6%
2013+4.2%+416.1%-2.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Robert F Smith Charitable Tr 02 appears to be a relatively small foundation with consistent asset levels over the past decade, hovering around $900,000 to $1 million. Its latest reported revenue is $313,536, with assets at $901,931. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator for donor confidence and suggests that leadership is either volunteer-based or compensated through other means not reported as officer compensation. However, without detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the lack of executive pay. The organization's financial activity shows fluctuations in revenue and expenses, with some years (e.g., 2020 and 2019) showing expenses exceeding revenue, indicating reliance on prior period assets or other funding sources. The consistent asset base suggests a stable, albeit not rapidly growing, financial position.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Robert F Smith Charitable Tr 02 1011984 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Robert F Smith Charitable Tr 02 1011984 allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

$41KTotal Revenue
$57KTotal Expenses
$902KTotal Assets
$1Total Liabilities
$902KNet Assets
  • The organization reported a deficit of $16K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is not drawing a salary from the organization, which is highly favorable 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 Robert F Smith Charitable Tr 02 1011984's IRS 990 filings:

  • Expenses exceeded revenue in multiple recent periods (e.g., 2019 and 2020), indicating potential reliance on asset drawdowns.

Strengths

The following positive indicators were identified for Robert F Smith Charitable Tr 02 1011984:

  • Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
  • Stable asset base, consistently around $900,000 to $1 million over a decade, suggesting financial resilience.
  • Low liabilities reported ($0 or $1 in all filings), indicating strong financial management and minimal debt.

Frequently Asked Questions about Robert F Smith Charitable Tr 02 1011984

Is Robert F Smith Charitable Tr 02 1011984 a legitimate charity?

Robert F Smith Charitable Tr 02 1011984 (EIN: 200321180) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $314K. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does Robert F Smith Charitable Tr 02 1011984 spend its money?

Robert F Smith Charitable Tr 02 1011984 directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Robert F Smith Charitable Tr 02 1011984 tax-deductible?

Robert F Smith Charitable Tr 02 1011984 is registered as a tax-exempt nonprofit (EIN: 200321180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Robert F Smith Charitable Tr 02 1011984's spending goes to programs?

Robert F Smith Charitable Tr 02 1011984 directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Robert F Smith Charitable Tr 02 1011984 compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Robert F Smith Charitable Tr 02 1011984 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 Robert F Smith Charitable Tr 02 1011984 located?

Robert F Smith Charitable Tr 02 1011984 is headquartered in Chicago, Illinois and files with the IRS under EIN 200321180. It is classified under NTEE code T20.

How many years of IRS 990 filings does Robert F Smith Charitable Tr 02 1011984 have?

Robert F Smith Charitable Tr 02 1011984 has 7 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 $314K in total revenue.

What are the specific program activities funded by Robert F Smith Charitable Tr 02?

The provided data does not detail specific program activities. Further investigation into their public disclosures or website would be necessary to understand their programmatic focus.

How does the organization cover expenses when revenue is less than expenses, as seen in 2019 and 2020?

When expenses exceed revenue, as in 2019 ($66,954 expenses vs. $42,630 revenue) and 2020 ($57,002 expenses vs. $40,803 revenue), the organization likely draws from its existing asset base or relies on accumulated reserves to cover the deficit.

What is the NTEE code T20, and how does it relate to the organization's mission?

NTEE code T20 generally refers to 'Foundations, Grantmaking & Giving Services.' This suggests the organization primarily functions as a grantmaking entity, distributing funds to other nonprofits or causes rather than directly operating programs.

Filing History

IRS 990 filing history for Robert F Smith Charitable Tr 02 1011984 showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2020), Robert F Smith Charitable Tr 02 1011984's revenue has grown by 0.7%, moving from $41K to $41K. Total assets increased by 0.8% over the same period, from $895K to $902K. Total functional expenses rose by 48.7%, from $38K to $57K. In its most recent filing year (2020), Robert F Smith Charitable Tr 02 1011984 reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $902K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $902K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $41K $57K $902K $1 View 990
2019 $43K $67K $918K $1 View 990
2015 $105K $16K $1.0M $0 View 990
2014 $98K $38K $956K $0 View 990
2013 $39K $62K $896K $0 View 990
2012 $37K $12K $920K $0 View 990
2011 $41K $38K $895K $0 View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $41K, expenses of $57K, and assets of $902K (revenue -4.3% year-over-year).
  • 2019: Revenue of $43K, expenses of $67K, and assets of $918K (revenue -59.3% year-over-year).
  • 2015: Revenue of $105K, expenses of $16K, and assets of $1.0M (revenue +7.4% year-over-year).
  • 2014: Revenue of $98K, expenses of $38K, and assets of $956K (revenue +152.8% year-over-year).
  • 2013: Revenue of $39K, expenses of $62K, and assets of $896K (revenue +4.2% year-over-year).
  • 2012: Revenue of $37K, expenses of $12K, and assets of $920K (revenue -8.6% year-over-year).
  • 2011: Revenue of $41K, expenses of $38K, and assets of $895K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Robert F Smith Charitable Tr 02 1011984:

2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Robert F Smith Charitable Tr 02 1011984 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.

Other Nonprofits in Illinois

Explore more nonprofits based in Illinois with AI-powered transparency reports.

1. Shorefront

Evanston · $925K revenue · Score: 75/100

View all Illinois nonprofits →

Similar Organizations (NTEE T20)

Other nonprofits classified under NTEE code T20.

View all T20 nonprofits →

Explore Related Nonprofits

Browse by State