Sarah K Decoizart Perpetual Charitable Tr Art 10
Sarah K Decoizart Perpetual Charitable Trust shows consistent asset growth and zero executive compensation over a decade.
EIN: 137046581 · Chicago, IL · NTEE: Z99Z · Updated: 2026-03-28
Is Sarah K Decoizart Perpetual Charitable Tr Art 10 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sarah K Decoizart Perpetual Charitable Tr Art 10 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sarah K Decoizart Perpetual Charitable Tr Art 10
Sarah K Decoizart Perpetual Charitable Tr Art 10 (EIN: 137046581) is a nonprofit organization based in Chicago, IL, classified under NTEE code Z99Z. The organization reported total revenue of $15.0M and total assets of $36.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sarah K Decoizart Perpetual Charitable Tr Art 10's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sarah K Decoizart Perpetual Charitable Tr Art 10 is a large nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $33.3M |
| Total Liabilities | $1 |
| Net Assets | $33.3M |
| Operating Margin | 36.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 169.4 months |
Financial Health Grade: A
In 2024, Sarah K Decoizart Perpetual Charitable Tr Art 10 reported a surplus of $1.3M with revenue exceeding expenses, holds 169.4 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), Sarah K Decoizart Perpetual Charitable Tr Art 10's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +34.5% | -11.0% | +4.1% |
| 2023 | -9.9% | +19.7% | +0.7% |
| 2022 | +2.1% | +3.0% | +2.7% |
| 2021 | +19.3% | +0.8% | +2.8% |
| 2020 | +133.7% | +16.4% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Sarah K Decoizart Perpetual Charitable Tr Art 10 with a Mission Score of 95 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, Sarah K Decoizart Perpetual Charitable Tr Art 10 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 surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are used for officer salaries, which is highly commendable for an organization with assets exceeding $36 million.
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 Sarah K Decoizart Perpetual Charitable Tr Art 10's IRS 990 filings:
- NTEE code Z99Z (Unknown) provides limited insight into specific programmatic focus.
Strengths
The following positive indicators were identified for Sarah K Decoizart Perpetual Charitable Tr Art 10:
- Consistent asset growth from $29.7M in 2012 to $33.2M in 2024.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities ($1 reported in most recent filings), showing strong financial health.
- Strong financial position with latest revenue of $14,959,741 and assets of $36,247,322.
- Consistent filing history (10 filings) demonstrating transparency.
Frequently Asked Questions about Sarah K Decoizart Perpetual Charitable Tr Art 10
Is Sarah K Decoizart Perpetual Charitable Tr Art 10 a legitimate charity?
Based on AI analysis of IRS 990 filings, Sarah K Decoizart Perpetual Charitable Tr Art 10 (EIN: 137046581) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Sarah K Decoizart Perpetual Charitable Tr Art 10 spend its money?
Sarah K Decoizart Perpetual Charitable Tr Art 10 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sarah K Decoizart Perpetual Charitable Tr Art 10 tax-deductible?
Sarah K Decoizart Perpetual Charitable Tr Art 10 is registered as a tax-exempt nonprofit (EIN: 137046581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sarah K Decoizart Perpetual Charitable Tr Art 10 a good charity?
Based on the provided data, the organization appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.
How does this organization manage its executive compensation?
The organization consistently reports 0% officer compensation, meaning no funds are allocated to executive salaries. This is an exceptional practice for a charity of its size.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $29,724,363 in 2012 to $33,257,591 in 2024, indicating strong financial stewardship and growth.
Are there any significant liabilities for this organization?
No, the organization consistently reports minimal liabilities, often just $1, which suggests excellent financial management and low financial risk.
What is the NTEE code Z99Z and what does it mean for this organization?
The NTEE code Z99Z stands for 'Unknown.' This means the organization's specific programmatic focus or type of charity is not clearly categorized within the standard NTEE system, which could be a minor point for further inquiry regarding its exact mission activities.
Filing History
IRS 990 filing history for Sarah K Decoizart Perpetual Charitable Tr Art 10 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Sarah K Decoizart Perpetual Charitable Tr Art 10's revenue has grown by 9.2%, moving from $3.4M to $3.7M. Total assets increased by 11.9% over the same period, from $29.7M to $33.3M. Total functional expenses rose by 38.9%, from $1.7M to $2.4M. In its most recent filing year (2024), Sarah K Decoizart Perpetual Charitable Tr Art 10 reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $33.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $33.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $2.4M | $33.3M | $1 | — | View 990 |
| 2023 | $2.7M | $2.6M | $31.9M | $1 | — | View 990 |
| 2022 | $3.0M | $2.2M | $31.7M | $1 | — | View 990 |
| 2021 | $3.0M | $2.1M | $30.9M | $1 | — | — |
| 2020 | $2.5M | $2.1M | $30.1M | $1 | — | View 990 |
| 2016 | $1.1M | $1.8M | $29.7M | $0 | — | View 990 |
| 2015 | $2.1M | $1.9M | $30.3M | $0 | — | View 990 |
| 2014 | $2.5M | $1.8M | $30.2M | $0 | — | View 990 |
| 2013 | $1.4M | $1.8M | $29.3M | $0 | — | View 990 |
| 2012 | $3.4M | $1.7M | $29.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.7M, expenses of $2.4M, and assets of $33.3M (revenue +34.5% year-over-year).
- 2023: Revenue of $2.7M, expenses of $2.6M, and assets of $31.9M (revenue -9.9% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.2M, and assets of $31.7M (revenue +2.1% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.1M, and assets of $30.9M (revenue +19.3% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.1M, and assets of $30.1M (revenue +133.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.8M, and assets of $29.7M (revenue -48.6% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.9M, and assets of $30.3M (revenue -16.2% year-over-year).
- 2014: Revenue of $2.5M, expenses of $1.8M, and assets of $30.2M (revenue +71.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.8M, and assets of $29.3M (revenue -57.1% year-over-year).
- 2012: Revenue of $3.4M, expenses of $1.7M, and assets of $29.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sarah K Decoizart Perpetual Charitable Tr Art 10:
Data Sources and Methodology
This transparency report for Sarah K Decoizart Perpetual Charitable Tr Art 10 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.