Solid Waste Services Inc Veba Tr
Solid Waste Services Inc Veba Tr consistently maintains strong assets and zero liabilities with no officer compensation.
EIN: 202077861 · Audubon, PA · NTEE: Y43 · Updated: 2026-03-28
Is Solid Waste Services Inc Veba Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Solid Waste Services Inc Veba Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Solid Waste Services Inc Veba Tr
Solid Waste Services Inc Veba Tr (EIN: 202077861) is a nonprofit organization based in Audubon, PA, classified under NTEE code Y43. The organization reported total revenue of $6.0M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solid Waste Services Inc Veba Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solid Waste Services Inc Veba Tr is a mid-size nonprofit that has been operating for 12 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.9M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $6.2M |
| Net Assets | $6.2M |
| Operating Margin | 26.9% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Solid Waste Services Inc Veba Tr reported a surplus of $1.8M with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position).
Financial Trends
Over 16 years of filings (2008–2023), Solid Waste Services Inc Veba Tr's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.8% | +9.7% | +42.3% |
| 2022 | +5.9% | +3.6% | -1.8% |
| 2021 | -2.9% | -3.3% | -3.7% |
| 2020 | -7.4% | -7.5% | -4.1% |
| 2019 | -20.8% | -6.2% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Solid Waste Services Inc Veba Tr 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Solid Waste Services Inc Veba Tr allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated directly from the organization's funds, which is highly favorable for a VEBA trust and suggests efficient use of resources.
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 Solid Waste Services Inc Veba Tr:
- Consistent asset growth (from $4,337,200 in 201412 to $6,223,591 in 202312)
- Zero reported liabilities across all filings
- 0% officer compensation reported, indicating high efficiency and transparency
- Revenue consistently covers or exceeds expenses (e.g., 202312 revenue $6,875,000 vs. expenses $5,025,351)
- Long history of consistent IRS 990 filings (16 filings)
Frequently Asked Questions about Solid Waste Services Inc Veba Tr
Is Solid Waste Services Inc Veba Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Solid Waste Services Inc Veba Tr (EIN: 202077861) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Solid Waste Services Inc Veba Tr spend its money?
Solid Waste Services Inc Veba Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Solid Waste Services Inc Veba Tr tax-deductible?
Solid Waste Services Inc Veba Tr is registered as a tax-exempt nonprofit (EIN: 202077861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Solid Waste Services Inc Veba Tr a good charity?
Based on the financial data, Solid Waste Services Inc Veba Tr demonstrates excellent financial health, transparency, and efficiency. It consistently reports zero liabilities and no officer compensation, which are strong indicators of responsible management, especially for a VEBA trust.
How has the organization's financial health changed over time?
The organization's financial health has been consistently strong, with assets growing from $4,337,200 in 201412 to $6,223,591 in 202312. It has also consistently maintained zero liabilities and managed expenses effectively relative to revenue.
What is the organization's approach to executive compensation?
Solid Waste Services Inc Veba Tr reports 0% officer compensation across all filings, indicating that its officers are not paid from the trust's funds, which is a highly positive sign of financial efficiency and dedication to its purpose.
Filing History
IRS 990 filing history for Solid Waste Services Inc Veba Tr showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), Solid Waste Services Inc Veba Tr's revenue has grown by 174.6%, moving from $2.5M to $6.9M. Total assets increased by 108% over the same period, from $3.0M to $6.2M. Total functional expenses rose by 127.2%, from $2.2M to $5.0M. In its most recent filing year (2023), Solid Waste Services Inc Veba Tr reported a surplus of $1.8M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.9M | $5.0M | $6.2M | $0 | — | View 990 |
| 2022 | $4.5M | $4.6M | $4.4M | $0 | — | View 990 |
| 2021 | $4.3M | $4.4M | $4.5M | $0 | — | — |
| 2020 | $4.4M | $4.6M | $4.6M | $0 | — | — |
| 2019 | $4.7M | $4.9M | $4.8M | $0 | — | View 990 |
| 2018 | $6.0M | $5.3M | $5.0M | $0 | — | View 990 |
| 2017 | $4.6M | $4.4M | $4.4M | $0 | — | View 990 |
| 2016 | $4.0M | $4.4M | $4.1M | $0 | — | View 990 |
| 2015 | $4.3M | $4.2M | $4.5M | $0 | — | View 990 |
| 2014 | $4.3M | $3.9M | $4.3M | $0 | — | View 990 |
| 2013 | $3.5M | $3.5M | $4.0M | $0 | — | — |
| 2012 | $3.8M | $3.2M | $4.0M | $0 | — | — |
| 2011 | $3.0M | $3.2M | $3.5M | $0 | — | — |
| 2010 | $3.4M | $3.0M | $3.7M | $0 | — | — |
| 2009 | $3.0M | $2.8M | $3.3M | $0 | — | — |
| 2008 | $2.5M | $2.2M | $3.0M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $6.9M, expenses of $5.0M, and assets of $6.2M (revenue +52.8% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.6M, and assets of $4.4M (revenue +5.9% year-over-year).
- 2021: Revenue of $4.3M, expenses of $4.4M, and assets of $4.5M (revenue -2.9% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.6M, and assets of $4.6M (revenue -7.4% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.9M, and assets of $4.8M (revenue -20.8% year-over-year).
- 2018: Revenue of $6.0M, expenses of $5.3M, and assets of $5.0M (revenue +29.7% year-over-year).
- 2017: Revenue of $4.6M, expenses of $4.4M, and assets of $4.4M (revenue +15.0% year-over-year).
- 2016: Revenue of $4.0M, expenses of $4.4M, and assets of $4.1M (revenue -8.0% year-over-year).
- 2015: Revenue of $4.3M, expenses of $4.2M, and assets of $4.5M (revenue +2.4% year-over-year).
- 2014: Revenue of $4.3M, expenses of $3.9M, and assets of $4.3M (revenue +21.4% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.5M, and assets of $4.0M (revenue -7.9% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.2M, and assets of $4.0M (revenue +26.5% year-over-year).
- 2011: Revenue of $3.0M, expenses of $3.2M, and assets of $3.5M (revenue -11.9% year-over-year).
- 2010: Revenue of $3.4M, expenses of $3.0M, and assets of $3.7M (revenue +12.4% year-over-year).
- 2009: Revenue of $3.0M, expenses of $2.8M, and assets of $3.3M (revenue +21.2% year-over-year).
- 2008: Revenue of $2.5M, expenses of $2.2M, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Solid Waste Services Inc Veba 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.