Src Inc Postretirement Medical Benefit Trust
Src Inc Postretirement Medical Benefit Trust reports $0 revenue and assets in its latest filing, following years of consistent multi-million dollar activity.
EIN: 161511851 · North Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $12.9M |
| Program Spending | 90% |
| Net Assets | $140K |
| Transparency Score | 70/100 |
Is Src Inc Postretirement Medical Benefit Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Src Inc Postretirement Medical Benefit Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Src Inc Postretirement Medical Benefit Trust
Src Inc Postretirement Medical Benefit Trust (EIN: 161511851) is a nonprofit organization based in North Syracuse, NY. 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 Src Inc Postretirement Medical Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Src Inc Postretirement Medical Benefit Trust is a large nonprofit, with 4 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.2M |
| Total Expenses | $12.9M |
| Surplus / Deficit | +$352K |
| Total Assets | $3.1M |
| Total Liabilities | $3.0M |
| Net Assets | $140K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 95.5% |
| Months of Reserves | 2.9 months |
Financial Health Grade: B
In 2015, Src Inc Postretirement Medical Benefit Trust reported a surplus of $352K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 95.5% (high leverage).
Financial Trends
Over 4 years of filings (2011–2015), Src Inc Postretirement Medical Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +5.4% | +1.4% | +8.1% |
| 2013 | -2.2% | +2.5% | +2.7% |
| 2012 | +3.0% | +1.9% | +13.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Src Inc Postretirement Medical Benefit Trust with a Mission Score of 70 out of 100 (Good). 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, Src Inc Postretirement Medical Benefit Trust 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $352K, with revenue exceeding expenses.
- Debt-to-asset ratio: 95.5%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the trust's management is either unpaid or compensated through other means not reported as officer compensation on the 990, which is common for trusts managed by a larger parent organization.
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 Src Inc Postretirement Medical Benefit Trust's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating a potential cessation of operations or significant change without clear explanation.
- Lack of NTEE code makes it difficult to categorize and benchmark against similar organizations.
Strengths
The following positive indicators were identified for Src Inc Postretirement Medical Benefit Trust:
- Historically consistent revenue and expense management, with revenues generally covering expenses (e.g., 201512: Revenue $13.2M, Expenses $12.8M).
- Assets consistently exceeded liabilities in prior periods (e.g., 201512: Assets $3.09M, Liabilities $2.95M), indicating financial stability.
- No officer compensation reported, suggesting low administrative overhead for executive leadership.
Frequently Asked Questions about Src Inc Postretirement Medical Benefit Trust
Is Src Inc Postretirement Medical Benefit Trust a legitimate charity?
Src Inc Postretirement Medical Benefit Trust (EIN: 161511851) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 4 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Src Inc Postretirement Medical Benefit Trust spend its money?
Src Inc Postretirement Medical Benefit Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Src Inc Postretirement Medical Benefit Trust tax-deductible?
Src Inc Postretirement Medical Benefit Trust is registered as a tax-exempt nonprofit (EIN: 161511851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Src Inc Postretirement Medical Benefit Trust located?
Src Inc Postretirement Medical Benefit Trust is headquartered in North Syracuse, New York and files with the IRS under EIN 161511851.
How many years of IRS 990 filings does Src Inc Postretirement Medical Benefit Trust have?
Src Inc Postretirement Medical Benefit Trust has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What caused the sudden drop to $0 in revenue and assets in the latest filing?
The latest filing shows $0 in both revenue and assets, a significant departure from previous years where revenue was consistently over $12 million. This could indicate the trust has been dissolved, merged, or its assets transferred, but the 990 data alone does not provide the reason.
Is Src Inc Postretirement Medical Benefit Trust still operational?
The $0 revenue and assets in the latest filing strongly suggest it may no longer be actively managing funds or has ceased operations. Further investigation beyond the 990 data would be needed to confirm its current operational status.
How does this trust's spending efficiency compare to other benefit trusts?
Without an NTEE code or specific industry benchmarks for postretirement medical benefit trusts, a direct comparison is challenging. However, its historical expenses closely tracking revenues suggest efficient management of its primary function: paying benefits.
Filing History
IRS 990 filing history for Src Inc Postretirement Medical Benefit Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2015), Src Inc Postretirement Medical Benefit Trust's revenue has grown by 6.2%, moving from $12.5M to $13.2M. Total assets increased by 26% over the same period, from $2.5M to $3.1M. Total functional expenses rose by 5.9%, from $12.2M to $12.9M. In its most recent filing year (2015), Src Inc Postretirement Medical Benefit Trust reported a surplus of $352K, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $3.1M in assets (debt-to-asset ratio: 95.5%), resulting in net assets of $140K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $13.2M | $12.9M | $3.1M | $3.0M | — | View 990 |
| 2013 | $12.5M | $12.7M | $2.9M | $2.4M | — | View 990 |
| 2012 | $12.8M | $12.4M | $2.8M | $2.8M | — | View 990 |
| 2011 | $12.5M | $12.2M | $2.5M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $13.2M, expenses of $12.9M, and assets of $3.1M (revenue +5.4% year-over-year).
- 2013: Revenue of $12.5M, expenses of $12.7M, and assets of $2.9M (revenue -2.2% year-over-year).
- 2012: Revenue of $12.8M, expenses of $12.4M, and assets of $2.8M (revenue +3.0% year-over-year).
- 2011: Revenue of $12.5M, expenses of $12.2M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Src Inc Postretirement Medical Benefit Trust:
Data Sources and Methodology
This transparency report for Src Inc Postretirement Medical Benefit 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.