The Stanley G Welsh Charitable Trust N M38446200
Stanley G Welsh Charitable Trust maintains over $15M in assets despite fluctuating revenues and consistent expenses.
EIN: 137095254 · Dallas, TX · NTEE: B43Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $961K |
| Program Spending | 90% |
| Net Assets | $15.3M |
| Transparency Score | 75/100 |
Is The Stanley G Welsh Charitable Trust N M38446200 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Stanley G Welsh Charitable Trust N M38446200 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Stanley G Welsh Charitable Trust N M38446200
The Stanley G Welsh Charitable Trust N M38446200 (EIN: 137095254) is a nonprofit organization based in Dallas, TX, classified under NTEE code B43Z. The organization reported total revenue of $3.1M and total assets of $15.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Stanley G Welsh Charitable Trust N M38446200's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Stanley G Welsh Charitable Trust N M38446200 is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $301K |
| Total Expenses | $961K |
| Surplus / Deficit | $-660,369 |
| Total Assets | $15.3M |
| Total Liabilities | $1 |
| Net Assets | $15.3M |
| Operating Margin | -219.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.7 months |
Financial Health Grade: B
In 2023, The Stanley G Welsh Charitable Trust N M38446200 reported a deficit of $660K with expenses exceeding revenue, holds 190.7 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), The Stanley G Welsh Charitable Trust N M38446200's revenue has declined at a compound annual growth rate (CAGR) of -15.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -114.9% | +8.3% | -7.2% |
| 2021 | +279.0% | +11.7% | +14.9% |
| 2020 | +45.0% | +4.8% | -0.6% |
| 2019 | +3.3% | -2.3% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 The Stanley G Welsh Charitable Trust N M38446200 with a Mission Score of 75 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, The Stanley G Welsh Charitable Trust N M38446200 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $660K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves without pay or that management services are provided through other means not classified as officer compensation, contributing to lower overhead.
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 The Stanley G Welsh Charitable Trust N M38446200's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 202212, which could indicate high-risk investment strategies or substantial market fluctuations impacting the trust's portfolio.
- Lack of detailed expense breakdown in available summary data makes it difficult to fully assess program efficiency versus administrative overhead.
Strengths
The following positive indicators were identified for The Stanley G Welsh Charitable Trust N M38446200:
- Consistent asset base, maintaining over $13 million across all reported periods, indicating long-term financial stability.
- Zero officer compensation reported, suggesting efficient use of funds by avoiding high executive salaries.
- Consistent filing of IRS 990 forms over ten periods, demonstrating a commitment to transparency.
- As a charitable trust, its primary function is grantmaking, directly aligning with program services.
Frequently Asked Questions about The Stanley G Welsh Charitable Trust N M38446200
Is The Stanley G Welsh Charitable Trust N M38446200 a legitimate charity?
Based on AI analysis of IRS 990 filings, The Stanley G Welsh Charitable Trust N M38446200 (EIN: 137095254) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does The Stanley G Welsh Charitable Trust N M38446200 spend its money?
The Stanley G Welsh Charitable Trust N M38446200 directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Stanley G Welsh Charitable Trust N M38446200 tax-deductible?
The Stanley G Welsh Charitable Trust N M38446200 is registered as a tax-exempt nonprofit (EIN: 137095254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Stanley G Welsh Charitable Trust N M38446200 compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Stanley G Welsh Charitable Trust N M38446200 is above average for NTEE category B43Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Stanley G Welsh Charitable Trust N M38446200 located?
The Stanley G Welsh Charitable Trust N M38446200 is headquartered in Dallas, Texas and files with the IRS under EIN 137095254. It is classified under NTEE code B43Z.
How many years of IRS 990 filings does The Stanley G Welsh Charitable Trust N M38446200 have?
The Stanley G Welsh Charitable Trust N M38446200 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 $3.1M in total revenue.
Why was revenue negative in 202212 ($-475,184)?
Negative revenue often indicates significant investment losses or adjustments that exceeded any positive income for the period. This warrants a closer look at the investment activities of the trust.
What constitutes the 'Expenses' reported, given the absence of officer compensation?
Without a detailed breakdown, it's assumed these expenses primarily cover grants distributed, investment management fees, and other operational costs associated with managing the trust's assets and fulfilling its charitable purpose.
What is the nature of the consistent $1 liability reported in recent years?
A $1 liability is unusual and could be a placeholder, a nominal accounting entry, or represent a specific, very small outstanding obligation. It's unlikely to be a significant financial concern but is an oddity in reporting.
Filing History
IRS 990 filing history for The Stanley G Welsh Charitable Trust N M38446200 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Stanley G Welsh Charitable Trust N M38446200's revenue has declined by 85.7%, moving from $2.1M to $301K. Total assets increased by 8.8% over the same period, from $14.0M to $15.3M. Total functional expenses rose by 13.8%, from $845K to $961K. In its most recent filing year (2023), The Stanley G Welsh Charitable Trust N M38446200 reported a deficit of $660K, with expenses exceeding revenue. The organization holds $1 in liabilities against $15.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $301K | $961K | $15.3M | $1 | — | — |
| 2022 | $-475,184 | $1.2M | $15.9M | $1 | — | — |
| 2021 | $3.2M | $1.1M | $17.1M | $1 | — | View 990 |
| 2020 | $839K | $986K | $14.9M | $1 | — | — |
| 2019 | $578K | $941K | $15.0M | $1 | — | — |
| 2015 | $560K | $962K | $13.9M | $0 | — | View 990 |
| 2014 | $2.0M | $947K | $14.2M | $0 | — | View 990 |
| 2013 | $938K | $845K | $13.1M | $0 | — | View 990 |
| 2012 | $28K | $863K | $13.2M | $0 | — | View 990 |
| 2011 | $2.1M | $845K | $14.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $301K, expenses of $961K, and assets of $15.3M.
- 2022: Revenue of $-475,184, expenses of $1.2M, and assets of $15.9M (revenue -114.9% year-over-year).
- 2021: Revenue of $3.2M, expenses of $1.1M, and assets of $17.1M (revenue +279.0% year-over-year).
- 2020: Revenue of $839K, expenses of $986K, and assets of $14.9M (revenue +45.0% year-over-year).
- 2019: Revenue of $578K, expenses of $941K, and assets of $15.0M (revenue +3.3% year-over-year).
- 2015: Revenue of $560K, expenses of $962K, and assets of $13.9M (revenue -72.2% year-over-year).
- 2014: Revenue of $2.0M, expenses of $947K, and assets of $14.2M (revenue +114.5% year-over-year).
- 2013: Revenue of $938K, expenses of $845K, and assets of $13.1M (revenue +3283.1% year-over-year).
- 2012: Revenue of $28K, expenses of $863K, and assets of $13.2M (revenue -98.7% year-over-year).
- 2011: Revenue of $2.1M, expenses of $845K, and assets of $14.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Stanley G Welsh Charitable Trust N M38446200:
Data Sources and Methodology
This transparency report for The Stanley G Welsh Charitable Trust N M38446200 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.