The@Condit Trust
EIN: 516515681 · Wilmington, DE · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $302K |
| Total Expenses | $39K |
| Net Assets | $332K |
Is The@Condit Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The@Condit Trust
The@Condit Trust (EIN: 516515681) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $302K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Condit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Condit Trust is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2012–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -117.9% | +59.5% | -10.4% |
| 2022 | -61.0% | -61.4% | +4.4% |
| 2021 | +35.6% | +85.9% | +12.6% |
| 2020 | +540.2% | +86.0% | +49.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The@Condit 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 The@Condit 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 (2024)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The@Condit Trust
Is The@Condit Trust a legitimate charity?
The@Condit Trust (EIN: 516515681) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $302K. No red flags identified. Financial health grade: B.
How does The@Condit Trust spend its money?
The@Condit Trust reported $302K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The@Condit Trust tax-deductible?
The@Condit Trust is registered as a tax-exempt nonprofit (EIN: 516515681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The@Condit Trust located?
The@Condit Trust is headquartered in Wilmington, Delaware and files with the IRS under EIN 516515681. It is classified under NTEE code T22.
How many years of IRS 990 filings does The@Condit Trust have?
The@Condit Trust 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 $302K in total revenue.
Filing History
IRS 990 filing history for The@Condit Trust showing financial trends over 10 years of public records:
Total assets increased by 192.9% over the same period, from $113K to $332K. Total functional expenses rose by 334.7%, from $9K to $39K. The organization holds $1 in liabilities against $332K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $332K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $-12,396 | $39K | $332K | $1 | — | — |
| 2023 | $-7,364 | $37K | $383K | $1 | — | View 990 |
| 2022 | $41K | $23K | $427K | $1 | — | — |
| 2021 | $106K | $60K | $409K | $1 | — | — |
| 2020 | $78K | $32K | $363K | $1 | — | View 990 |
| 2016 | $12K | $17K | $243K | $0 | — | View 990 |
| 2015 | $34K | $17K | $248K | $0 | — | View 990 |
| 2014 | $26K | $9K | $236K | $0 | — | View 990 |
| 2013 | $112K | $9K | $218K | $0 | — | View 990 |
| 2012 | $-1,493 | $9K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $-12,396, expenses of $39K, and assets of $332K.
- 2023: Revenue of $-7,364, expenses of $37K, and assets of $383K (revenue -117.9% year-over-year).
- 2022: Revenue of $41K, expenses of $23K, and assets of $427K (revenue -61.0% year-over-year).
- 2021: Revenue of $106K, expenses of $60K, and assets of $409K (revenue +35.6% year-over-year).
- 2020: Revenue of $78K, expenses of $32K, and assets of $363K (revenue +540.2% year-over-year).
- 2016: Revenue of $12K, expenses of $17K, and assets of $243K (revenue -64.1% year-over-year).
- 2015: Revenue of $34K, expenses of $17K, and assets of $248K (revenue +28.1% year-over-year).
- 2014: Revenue of $26K, expenses of $9K, and assets of $236K (revenue -76.3% year-over-year).
- 2013: Revenue of $112K, expenses of $9K, and assets of $218K.
- 2012: Revenue of $-1,493, expenses of $9K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Condit Trust:
Data Sources and Methodology
This transparency report for The@Condit 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.