Robert I Quigley Trust B Uw Dtd 4 4 82
Robert I Quigley Trust B consistently spends more than it earns, drawing down assets.
EIN: 16079695 · Portland, ME · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $97K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $870,677. |
| Net Assets | $871K |
| Transparency Score | 75/100 |
Is Robert I Quigley Trust B Uw Dtd 4 4 82 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert I Quigley Trust B Uw Dtd 4 4 82 directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert I Quigley Trust B Uw Dtd 4 4 82
Robert I Quigley Trust B Uw Dtd 4 4 82 (EIN: 16079695) is a nonprofit organization based in Portland, ME, classified under NTEE code T22. The organization reported total revenue of $404K and total assets of $898K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert I Quigley Trust B Uw Dtd 4 4 82's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert I Quigley Trust B Uw Dtd 4 4 82 is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $97K |
| Surplus / Deficit | $-39,049 |
| Total Assets | $871K |
| Total Liabilities | $1 |
| Net Assets | $871K |
| Operating Margin | -67.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 107.9 months |
Financial Health Grade: B
In 2023, Robert I Quigley Trust B Uw Dtd 4 4 82 reported a deficit of $39K with expenses exceeding revenue, holds 107.9 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), Robert I Quigley Trust B Uw Dtd 4 4 82's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +100.5% | +1.0% | -3.6% |
| 2022 | -44.6% | +26.8% | -7.0% |
| 2021 | +106.2% | -9.0% | -1.9% |
| 2020 | -70.1% | -7.3% | -5.5% |
| 2019 | +148.0% | +10.5% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 I Quigley Trust B Uw Dtd 4 4 82 with a Mission Score of 75 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Robert I Quigley Trust B Uw Dtd 4 4 82 allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 deficit of $39K, 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 no officers or key employees receive salaries from the trust, which is highly efficient for an organization of its size with assets around $870,677.
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 I Quigley Trust B Uw Dtd 4 4 82's IRS 990 filings:
- Consistent decline in assets over multiple years
- Expenses frequently exceed revenue, indicating reliance on asset drawdowns
Strengths
The following positive indicators were identified for Robert I Quigley Trust B Uw Dtd 4 4 82:
- Zero officer compensation, indicating high efficiency in executive pay
- Minimal liabilities ($0-$1) across all reported periods
- Consistent filing of IRS Form 990s, indicating transparency
Frequently Asked Questions about Robert I Quigley Trust B Uw Dtd 4 4 82
Is Robert I Quigley Trust B Uw Dtd 4 4 82 a legitimate charity?
Robert I Quigley Trust B Uw Dtd 4 4 82 (EIN: 16079695) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $404K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Robert I Quigley Trust B Uw Dtd 4 4 82 spend its money?
Robert I Quigley Trust B Uw Dtd 4 4 82 directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Robert I Quigley Trust B Uw Dtd 4 4 82 tax-deductible?
Robert I Quigley Trust B Uw Dtd 4 4 82 is registered as a tax-exempt nonprofit (EIN: 16079695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Robert I Quigley Trust B Uw Dtd 4 4 82 CEO make?
Robert I Quigley Trust B Uw Dtd 4 4 82's highest-compensated officer earns $870,677. annually. The organization reported $404K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Robert I Quigley Trust B Uw Dtd 4 4 82 compare to similar nonprofits?
With a transparency score of 75/100 (Good), Robert I Quigley Trust B Uw Dtd 4 4 82 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 I Quigley Trust B Uw Dtd 4 4 82 located?
Robert I Quigley Trust B Uw Dtd 4 4 82 is headquartered in Portland, Maine and files with the IRS under EIN 16079695. It is classified under NTEE code T22.
How many years of IRS 990 filings does Robert I Quigley Trust B Uw Dtd 4 4 82 have?
Robert I Quigley Trust B Uw Dtd 4 4 82 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 $404K in total revenue.
Is the Robert I Quigley Trust B Uw Dtd 4 4 82 a good charity?
As a private grantmaking trust, its 'goodness' is primarily measured by its effective distribution of funds to other charitable organizations. The consistent zero officer compensation is a positive sign of efficiency. However, the sustained decline in assets due to expenses exceeding revenue suggests a limited lifespan if this trend continues without new significant contributions.
Why are the trust's assets declining?
The trust's assets have been declining because its annual expenses have frequently exceeded its annual revenue. For example, in 2023, expenses were $96,854 while revenue was $57,805, leading to a net loss that reduces the asset base. This pattern is common for trusts that are distributing more than they earn from investments or new contributions.
What is the primary purpose of this organization?
Based on its NTEE code T22 (Private Grantmaking Foundations) and financial patterns, the primary purpose of the Robert I Quigley Trust B Uw Dtd 4 4 82 is likely to make grants to other charitable organizations or individuals, fulfilling the terms of its trust document.
Filing History
IRS 990 filing history for Robert I Quigley Trust B Uw Dtd 4 4 82 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert I Quigley Trust B Uw Dtd 4 4 82's revenue has declined by 47.1%, moving from $109K to $58K. Total assets decreased by 9.9% over the same period, from $966K to $871K. Total functional expenses rose by 57.3%, from $62K to $97K. In its most recent filing year (2023), Robert I Quigley Trust B Uw Dtd 4 4 82 reported a deficit of $39K, with expenses exceeding revenue. The organization holds $1 in liabilities against $871K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $871K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $97K | $871K | $1 | — | View 990 |
| 2022 | $29K | $96K | $903K | $1 | — | View 990 |
| 2021 | $52K | $76K | $971K | $1 | — | — |
| 2020 | $25K | $83K | $990K | $1 | — | — |
| 2019 | $84K | $90K | $1.0M | $1 | — | View 990 |
| 2015 | $34K | $81K | $1.0M | $1 | — | View 990 |
| 2014 | $115K | $67K | $1.0M | $0 | — | View 990 |
| 2013 | $88K | $63K | $1.0M | $0 | — | View 990 |
| 2012 | $81K | $61K | $986K | $0 | — | View 990 |
| 2011 | $109K | $62K | $966K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $58K, expenses of $97K, and assets of $871K (revenue +100.5% year-over-year).
- 2022: Revenue of $29K, expenses of $96K, and assets of $903K (revenue -44.6% year-over-year).
- 2021: Revenue of $52K, expenses of $76K, and assets of $971K (revenue +106.2% year-over-year).
- 2020: Revenue of $25K, expenses of $83K, and assets of $990K (revenue -70.1% year-over-year).
- 2019: Revenue of $84K, expenses of $90K, and assets of $1.0M (revenue +148.0% year-over-year).
- 2015: Revenue of $34K, expenses of $81K, and assets of $1.0M (revenue -70.5% year-over-year).
- 2014: Revenue of $115K, expenses of $67K, and assets of $1.0M (revenue +30.5% year-over-year).
- 2013: Revenue of $88K, expenses of $63K, and assets of $1.0M (revenue +9.3% year-over-year).
- 2012: Revenue of $81K, expenses of $61K, and assets of $986K (revenue -25.9% year-over-year).
- 2011: Revenue of $109K, expenses of $62K, and assets of $966K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert I Quigley Trust B Uw Dtd 4 4 82:
Data Sources and Methodology
This transparency report for Robert I Quigley Trust B Uw Dtd 4 4 82 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.