Robert W Traip Trust

Robert W Traip Trust consistently grows assets with low expenses and no reported officer compensation.

EIN: 10242095 · Kittery, ME · NTEE: B99J · Updated: 2026-03-28

$261KRevenue

$11.2MAssets

85/100Mission Score (Excellent)

B99J

About Robert W Traip Trust

Robert W Traip Trust (EIN: 10242095) is a nonprofit organization based in Kittery, ME, classified under NTEE code B99J. The organization reported total revenue of $261K and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert W Traip Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Robert W Traip Trust demonstrates consistent financial stability and growth in its asset base, reaching $11,205,450 in its latest filing. The organization consistently operates with expenses well below its revenue, indicating sound financial management and an ability to build reserves. For instance, in 202306, revenue was $152,821 against expenses of $93,904, and in 202206, revenue was $113,869 against expenses of $87,742. This pattern suggests a focus on long-term sustainability and endowment growth, which is typical for a trust. The absence of reported officer compensation across all filings indicates a lean operational structure, likely relying on volunteer efforts or external management, which contributes to efficiency.

However, without detailed breakdowns of program service expenses versus administrative and fundraising costs, it's challenging to fully assess spending efficiency. The NTEE code B99J (Other Education) suggests a program focus, but the 990 data provided does not offer granular detail on how the expenses are allocated. The consistent growth in assets, from $4,435,952 in 201406 to over $11 million currently, highlights effective asset management and investment strategies. The organization's transparency is good in terms of filing history and financial reporting, but more detailed expense categorization would enhance understanding of its programmatic impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Robert W Traip 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: 85%
fundraising: 5%

According to IRS 990 filings, Robert W Traip Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, volunteer-based, or compensated through a separate entity not reported as officer compensation on the 990, which is highly efficient for an organization of 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.

Strengths

The following positive indicators were identified for Robert W Traip Trust:

Consistent asset growth, from $4.4M in 2014 to $11.2M currently.
Expenses consistently well below revenue, indicating strong financial management.
Zero reported officer compensation across all filings, suggesting high operational efficiency.
Long history of IRS 990 filings (12 filings), demonstrating consistent compliance and transparency.
Strong financial reserves with assets significantly outweighing liabilities (e.g., $9.6M assets vs. $626K liabilities in 202306).

Frequently Asked Questions about Robert W Traip Trust

Is Robert W Traip Trust a good charity?

Based on the available data, the Robert W Traip Trust appears to be a financially sound organization with a strong track record of asset growth and efficient operations, as evidenced by its consistent revenue exceeding expenses and zero reported officer compensation. Its long-term financial stability suggests it is well-positioned to fulfill its mission.

How does the organization manage its expenses?

The organization consistently manages its expenses well below its revenue. For example, in 202306, expenses were $93,904 against $152,821 in revenue, and in 202206, expenses were $87,742 against $113,869 in revenue. This indicates a conservative spending approach and a focus on building its asset base.

What is the trend in the organization's assets?

The organization shows a strong upward trend in assets, growing from $4,435,952 in 201406 to $11,205,450 in the latest period. This significant growth indicates effective investment management and financial stewardship.

Filing History

IRS 990 filing history for Robert W Traip Trust showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Robert W Traip Trust's revenue has grown by 60.3%, moving from $95K to $153K. Total assets increased by 194.2% over the same period, from $3.3M to $9.6M. Total functional expenses rose by 3.6%, from $91K to $94K. In its most recent filing year (2023), Robert W Traip Trust reported a surplus of $59K, with revenue exceeding expenses. The organization holds $627K in liabilities against $9.6M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $9.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$153K	$94K	$9.6M	$627K	—	—
2022	$114K	$88K	$8.3M	$538K	—	View 990
2021	$127K	$110K	$9.4M	$629K	—	View 990
2020	$158K	$107K	$7.5M	$486K	—	View 990
2019	$271K	$110K	$7.2M	$466K	—	View 990
2018	$581K	$125K	$6.5M	$19K	—	View 990
2017	$502K	$106K	$5.4M	$0	—	View 990
2016	$114K	$113K	$4.6M	$0	—	View 990
2015	$217K	$97K	$4.6M	$0	—	View 990
2014	$119K	$99K	$4.4M	$0	—	View 990
2013	$101K	$88K	$3.7M	$0	—	View 990
2012	$95K	$91K	$3.3M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $153K, expenses of $94K, and assets of $9.6M (revenue +34.2% year-over-year).
2022: Revenue of $114K, expenses of $88K, and assets of $8.3M (revenue -10.1% year-over-year).
2021: Revenue of $127K, expenses of $110K, and assets of $9.4M (revenue -19.8% year-over-year).
2020: Revenue of $158K, expenses of $107K, and assets of $7.5M (revenue -41.7% year-over-year).
2019: Revenue of $271K, expenses of $110K, and assets of $7.2M (revenue -53.4% year-over-year).
2018: Revenue of $581K, expenses of $125K, and assets of $6.5M (revenue +15.9% year-over-year).
2017: Revenue of $502K, expenses of $106K, and assets of $5.4M (revenue +341.5% year-over-year).
2016: Revenue of $114K, expenses of $113K, and assets of $4.6M (revenue -47.8% year-over-year).
2015: Revenue of $217K, expenses of $97K, and assets of $4.6M (revenue +82.8% year-over-year).
2014: Revenue of $119K, expenses of $99K, and assets of $4.4M (revenue +17.8% year-over-year).
2013: Revenue of $101K, expenses of $88K, and assets of $3.7M (revenue +5.9% year-over-year).
2012: Revenue of $95K, expenses of $91K, and assets of $3.3M.

Data Sources and Methodology

This transparency report for Robert W Traip 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.