Shadie Niles Charitable Tr
Shadie Niles Charitable Tr maintains stable assets and zero executive compensation, operating as a lean grantmaking foundation.
EIN: 16166792 · Portland, ME · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $261K |
| Total Expenses | $63K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $618K |
| Transparency Score | 85/100 |
Is Shadie Niles Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shadie Niles Charitable Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shadie Niles Charitable Tr
Shadie Niles Charitable Tr (EIN: 16166792) is a nonprofit organization based in Portland, ME, classified under NTEE code T20. The organization reported total revenue of $261K and total assets of $613K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shadie Niles Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shadie Niles Charitable Tr is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $63K |
| Surplus / Deficit | +$9K |
| Total Assets | $618K |
| Total Liabilities | $1 |
| Net Assets | $618K |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 118.4 months |
Financial Health Grade: A
In 2024, Shadie Niles Charitable Tr reported a surplus of $9K with revenue exceeding expenses, holds 118.4 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), Shadie Niles Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +61.4% | -16.4% | +1.8% |
| 2023 | -22.2% | +26.7% | -4.8% |
| 2022 | +168.3% | +5.7% | -0.4% |
| 2021 | -57.2% | -6.5% | -5.1% |
| 2020 | +23.9% | +9.9% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Shadie Niles Charitable Tr 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Shadie Niles Charitable Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $9K, 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 the organization is likely volunteer-run or has no paid officers, which is highly efficient for an organization of its size with assets around $600,000.
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 Shadie Niles Charitable Tr's IRS 990 filings:
- Lack of detailed expense breakdown in public filings makes precise program spending difficult to ascertain.
Strengths
The following positive indicators were identified for Shadie Niles Charitable Tr:
- Consistent zero executive compensation, indicating high efficiency and dedication to mission.
- Stable asset base over a decade, demonstrating financial resilience.
- Consistent IRS 990 filing history, indicating good transparency.
- Minimal liabilities ($0 or $1) across all filings, suggesting sound financial management.
Frequently Asked Questions about Shadie Niles Charitable Tr
Is Shadie Niles Charitable Tr a legitimate charity?
Shadie Niles Charitable Tr (EIN: 16166792) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $261K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Shadie Niles Charitable Tr spend its money?
Shadie Niles Charitable Tr directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Shadie Niles Charitable Tr tax-deductible?
Shadie Niles Charitable Tr is registered as a tax-exempt nonprofit (EIN: 16166792). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shadie Niles Charitable Tr CEO make?
Shadie Niles Charitable Tr's highest-compensated officer earns $600,000. annually. The organization reported $261K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Shadie Niles Charitable Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Shadie Niles Charitable Tr 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 Shadie Niles Charitable Tr located?
Shadie Niles Charitable Tr is headquartered in Portland, Maine and files with the IRS under EIN 16166792. It is classified under NTEE code T20.
How many years of IRS 990 filings does Shadie Niles Charitable Tr have?
Shadie Niles Charitable Tr 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 $261K in total revenue.
What is the primary purpose of the Shadie Niles Charitable Tr?
Based on its NTEE code T20, it is a Private Grantmaking Foundation, meaning its primary purpose is to distribute grants to other charitable organizations or individuals.
How does the organization manage its expenses relative to its income?
Expenses generally track closely with or slightly exceed revenue in recent years, for example, $62,610 in expenses against $71,462 in revenue in 202406, indicating a consistent distribution of funds rather than significant accumulation.
Is the organization financially stable?
Yes, the organization appears financially stable, maintaining assets consistently around $600,000 over the past decade, with the latest reported assets at $617,700.
Filing History
IRS 990 filing history for Shadie Niles Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Shadie Niles Charitable Tr's revenue has grown by 24.8%, moving from $57K to $71K. Total assets increased by 10.9% over the same period, from $557K to $618K. Total functional expenses rose by 172.2%, from $23K to $63K. In its most recent filing year (2024), Shadie Niles Charitable Tr reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1 in liabilities against $618K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $618K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $71K | $63K | $618K | $1 | — | View 990 |
| 2023 | $44K | $75K | $607K | $1 | — | View 990 |
| 2022 | $57K | $59K | $637K | $1 | — | View 990 |
| 2021 | $21K | $56K | $640K | $1 | — | — |
| 2020 | $50K | $60K | $674K | $1 | — | View 990 |
| 2016 | $40K | $54K | $566K | $1 | — | View 990 |
| 2015 | $69K | $52K | $580K | $1 | — | View 990 |
| 2014 | $59K | $60K | $563K | $0 | — | View 990 |
| 2013 | $50K | $43K | $564K | $0 | — | View 990 |
| 2012 | $57K | $23K | $557K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $71K, expenses of $63K, and assets of $618K (revenue +61.4% year-over-year).
- 2023: Revenue of $44K, expenses of $75K, and assets of $607K (revenue -22.2% year-over-year).
- 2022: Revenue of $57K, expenses of $59K, and assets of $637K (revenue +168.3% year-over-year).
- 2021: Revenue of $21K, expenses of $56K, and assets of $640K (revenue -57.2% year-over-year).
- 2020: Revenue of $50K, expenses of $60K, and assets of $674K (revenue +23.9% year-over-year).
- 2016: Revenue of $40K, expenses of $54K, and assets of $566K (revenue -42.3% year-over-year).
- 2015: Revenue of $69K, expenses of $52K, and assets of $580K (revenue +16.6% year-over-year).
- 2014: Revenue of $59K, expenses of $60K, and assets of $563K (revenue +19.3% year-over-year).
- 2013: Revenue of $50K, expenses of $43K, and assets of $564K (revenue -13.0% year-over-year).
- 2012: Revenue of $57K, expenses of $23K, and assets of $557K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shadie Niles Charitable Tr:
Data Sources and Methodology
This transparency report for Shadie Niles Charitable Tr 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.