Sullivan Charitable Trust
EIN: 237369119 · Tulsa, OK
| Metric | Value |
|---|---|
| Total Revenue | $188K |
| Total Expenses | $35K |
| Net Assets | $428K |
Is Sullivan Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sullivan Charitable Trust
Sullivan Charitable Trust (EIN: 237369119) is a nonprofit organization based in Tulsa, OK. The organization reported total revenue of $188K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sullivan Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sullivan Charitable Trust is a small nonprofit that has been operating for 52 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $35K |
| Surplus / Deficit | $-18,336 |
| Total Assets | $428K |
| Total Liabilities | $1 |
| Net Assets | $428K |
| Operating Margin | -107.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 144.9 months |
Financial Health Grade: B
In 2023, Sullivan Charitable Trust reported a deficit of $18K with expenses exceeding revenue, holds 144.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Sullivan Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.3% | +5.2% | -4.1% |
| 2022 | -73.4% | -12.1% | -5.4% |
| 2021 | +112.2% | -11.5% | -1.6% |
| 2020 | -31.8% | +4.0% | -5.7% |
| 2019 | -52.9% | -5.1% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sullivan Charitable Trust 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 Sullivan Charitable Trust 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sullivan Charitable Trust
Is Sullivan Charitable Trust a legitimate charity?
Sullivan Charitable Trust (EIN: 237369119) is a registered tax-exempt nonprofit based in Oklahoma. It has 9 years of IRS 990 filings on record. Total revenue: $188K. No red flags identified. Financial health grade: B.
How does Sullivan Charitable Trust spend its money?
Sullivan Charitable Trust reported $188K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sullivan Charitable Trust tax-deductible?
Sullivan Charitable Trust is registered as a tax-exempt nonprofit (EIN: 237369119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sullivan Charitable Trust located?
Sullivan Charitable Trust is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 237369119.
How many years of IRS 990 filings does Sullivan Charitable Trust have?
Sullivan Charitable Trust has 9 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 $188K in total revenue.
Filing History
IRS 990 filing history for Sullivan Charitable Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Sullivan Charitable Trust's revenue has declined by 52.9%, moving from $36K to $17K. Total assets decreased by 43.8% over the same period, from $762K to $428K. Total functional expenses fell by 6.2%, from $38K to $35K. In its most recent filing year (2023), Sullivan Charitable Trust reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $428K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $428K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $35K | $428K | $1 | — | — |
| 2022 | $8K | $34K | $446K | $1 | — | View 990 |
| 2021 | $31K | $38K | $472K | $1 | — | View 990 |
| 2020 | $15K | $43K | $479K | $1 | — | — |
| 2019 | $21K | $42K | $508K | $0 | — | View 990 |
| 2015 | $45K | $44K | $558K | $0 | — | View 990 |
| 2014 | $-142,694 | $42K | $556K | $0 | — | View 990 |
| 2013 | $15K | $36K | $741K | $0 | — | View 990 |
| 2012 | $36K | $38K | $762K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $35K, and assets of $428K (revenue +108.3% year-over-year).
- 2022: Revenue of $8K, expenses of $34K, and assets of $446K (revenue -73.4% year-over-year).
- 2021: Revenue of $31K, expenses of $38K, and assets of $472K (revenue +112.2% year-over-year).
- 2020: Revenue of $15K, expenses of $43K, and assets of $479K (revenue -31.8% year-over-year).
- 2019: Revenue of $21K, expenses of $42K, and assets of $508K (revenue -52.9% year-over-year).
- 2015: Revenue of $45K, expenses of $44K, and assets of $558K.
- 2014: Revenue of $-142,694, expenses of $42K, and assets of $556K (revenue -1071.2% year-over-year).
- 2013: Revenue of $15K, expenses of $36K, and assets of $741K (revenue -59.6% year-over-year).
- 2012: Revenue of $36K, expenses of $38K, and assets of $762K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sullivan Charitable Trust:
Data Sources and Methodology
This transparency report for Sullivan Charitable 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.