Shea Fam Charitable Tr
EIN: 421515220 · Storm Lake, IA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $40K |
| Net Assets | $112K |
Is Shea Fam Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shea Fam Charitable Tr
Shea Fam Charitable Tr (EIN: 421515220) is a nonprofit organization based in Storm Lake, IA, classified under NTEE code T20. The organization reported total revenue of $23K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shea Fam Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shea Fam Charitable Tr is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $40K |
| Surplus / Deficit | $-29,708 |
| Total Assets | $112K |
| Total Liabilities | $1 |
| Net Assets | $112K |
| Operating Margin | -295.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 33.7 months |
Financial Health Grade: B
In 2023, Shea Fam Charitable Tr reported a deficit of $30K with expenses exceeding revenue, holds 33.7 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), Shea Fam Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.3% | +7.0% | -21.0% |
| 2022 | -39.1% | -23.5% | -15.4% |
| 2021 | +36.2% | +39.6% | -15.1% |
| 2020 | -5.6% | +6.2% | -9.6% |
| 2019 | -13.5% | -27.2% | -22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shea Fam Charitable Tr 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 Shea Fam Charitable Tr 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Shea Fam Charitable Tr
Is Shea Fam Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Shea Fam Charitable Tr (EIN: 421515220) insufficient data. 0 red flags identified, 0 strengths noted.
How does Shea Fam Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Shea Fam Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Shea Fam Charitable Tr tax-deductible?
Shea Fam Charitable Tr is registered as a tax-exempt nonprofit (EIN: 421515220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shea Fam Charitable Tr located?
Shea Fam Charitable Tr is headquartered in Storm Lake, Iowa and files with the IRS under EIN 421515220. It is classified under NTEE code T20.
How many years of IRS 990 filings does Shea Fam Charitable Tr have?
Shea Fam 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 $23K in total revenue.
Filing History
IRS 990 filing history for Shea Fam Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Shea Fam Charitable Tr's revenue has declined by 11.7%, moving from $11K to $10K. Total assets decreased by 70.5% over the same period, from $378K to $112K. Total functional expenses rose by 86.7%, from $21K to $40K. In its most recent filing year (2023), Shea Fam Charitable Tr reported a deficit of $30K, with expenses exceeding revenue. The organization holds $1 in liabilities against $112K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $112K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $40K | $112K | $1 | — | — |
| 2022 | $11K | $37K | $141K | $1 | — | View 990 |
| 2021 | $19K | $49K | $167K | $1 | — | — |
| 2020 | $14K | $35K | $197K | $1 | — | — |
| 2019 | $15K | $33K | $218K | $1 | — | View 990 |
| 2015 | $17K | $45K | $280K | $1 | — | View 990 |
| 2014 | $24K | $110K | $352K | $1 | — | View 990 |
| 2013 | $23K | $21K | $442K | $1 | — | View 990 |
| 2012 | $-88,420 | $28K | $407K | $1 | — | View 990 |
| 2011 | $11K | $21K | $378K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $40K, and assets of $112K (revenue -12.3% year-over-year).
- 2022: Revenue of $11K, expenses of $37K, and assets of $141K (revenue -39.1% year-over-year).
- 2021: Revenue of $19K, expenses of $49K, and assets of $167K (revenue +36.2% year-over-year).
- 2020: Revenue of $14K, expenses of $35K, and assets of $197K (revenue -5.6% year-over-year).
- 2019: Revenue of $15K, expenses of $33K, and assets of $218K (revenue -13.5% year-over-year).
- 2015: Revenue of $17K, expenses of $45K, and assets of $280K (revenue -29.7% year-over-year).
- 2014: Revenue of $24K, expenses of $110K, and assets of $352K (revenue +2.8% year-over-year).
- 2013: Revenue of $23K, expenses of $21K, and assets of $442K.
- 2012: Revenue of $-88,420, expenses of $28K, and assets of $407K (revenue -877.8% year-over-year).
- 2011: Revenue of $11K, expenses of $21K, and assets of $378K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shea Fam Charitable Tr:
Data Sources and Methodology
This transparency report for Shea Fam 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.