Saginaw Products Corp Veba Trust
EIN: 382422864 · Saginaw, MI
| Metric | Value |
|---|---|
| Total Expenses | $389K |
| Net Assets | $3K |
Is Saginaw Products Corp Veba Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saginaw Products Corp Veba Trust
Saginaw Products Corp Veba Trust (EIN: 382422864) is a nonprofit organization based in Saginaw, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saginaw Products Corp Veba Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saginaw Products Corp Veba Trust is a small nonprofit, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of -27.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $381K |
| Total Expenses | $389K |
| Surplus / Deficit | $-8,000 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -2.1% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2014, Saginaw Products Corp Veba Trust reported a deficit of $8K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2010–2014), Saginaw Products Corp Veba Trust's revenue has declined at a compound annual growth rate (CAGR) of -27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -61.9% | -61.1% | -71.1% |
| 2013 | +0.2% | +0.3% | -0.1% |
| 2012 | +9.7% | +9.9% | +12.7% |
| 2011 | -32.8% | -33.9% | +32.1% |
AI Analysis Pending
AI enrichment for Saginaw Products Corp Veba Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Saginaw Products Corp Veba Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Saginaw Products Corp Veba Trust
Is Saginaw Products Corp Veba Trust a legitimate charity?
Saginaw Products Corp Veba Trust (EIN: 382422864) is a registered tax-exempt nonprofit based in Michigan. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Saginaw Products Corp Veba Trust spend its money?
Saginaw Products Corp Veba Trust reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Saginaw Products Corp Veba Trust tax-deductible?
Saginaw Products Corp Veba Trust is registered as a tax-exempt nonprofit (EIN: 382422864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Saginaw Products Corp Veba Trust located?
Saginaw Products Corp Veba Trust is headquartered in Saginaw, Michigan and files with the IRS under EIN 382422864.
How many years of IRS 990 filings does Saginaw Products Corp Veba Trust have?
Saginaw Products Corp Veba Trust has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Saginaw Products Corp Veba Trust showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), Saginaw Products Corp Veba Trust's revenue has declined by 71.9%, moving from $1.4M to $381K. Total assets decreased by 57% over the same period, from $8K to $3K. Total functional expenses fell by 71.7%, from $1.4M to $389K. In its most recent filing year (2014), Saginaw Products Corp Veba Trust reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $381K | $389K | $3K | $0 | — | View 990 |
| 2013 | $1000K | $1.0M | $11K | $0 | — | View 990 |
| 2012 | $998K | $997K | $11K | $0 | — | View 990 |
| 2011 | $910K | $907K | $10K | $0 | — | — |
| 2010 | $1.4M | $1.4M | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $381K, expenses of $389K, and assets of $3K (revenue -61.9% year-over-year).
- 2013: Revenue of $1000K, expenses of $1.0M, and assets of $11K (revenue +0.2% year-over-year).
- 2012: Revenue of $998K, expenses of $997K, and assets of $11K (revenue +9.7% year-over-year).
- 2011: Revenue of $910K, expenses of $907K, and assets of $10K (revenue -32.8% year-over-year).
- 2010: Revenue of $1.4M, expenses of $1.4M, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saginaw Products Corp Veba Trust:
Data Sources and Methodology
This transparency report for Saginaw Products Corp Veba 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.