Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd
Thomas M Goodall Trust maintains stable assets with zero officer compensation and minimal liabilities.
EIN: 16072828 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $663K |
| Total Expenses | $132K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd (EIN: 16072828) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $663K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd is a small nonprofit, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $132K |
| Surplus / Deficit | $-30,502 |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | -29.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 145.9 months |
Financial Health Grade: B
In 2024, Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd reported a deficit of $31K with expenses exceeding revenue, holds 145.9 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 (2012–2024), Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -66.6% | -0.8% | -1.6% |
| 2023 | +274.4% | +6.1% | +11.7% |
| 2022 | -0.8% | +11.7% | -2.9% |
| 2021 | -0.6% | +5.4% | -1.3% |
| 2020 | +114.8% | +8.5% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd with a Mission Score of 85 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or key employees receive salaries from the organization, which is highly favorable for a nonprofit of its size with assets around $1.6 million.
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 Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd's IRS 990 filings:
- Lack of NTEE code and detailed program descriptions in public filings
- Significant fluctuations in annual revenue without clear explanation
Strengths
The following positive indicators were identified for Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd:
- Consistently reports 0% officer compensation, indicating efficient use of funds
- Extremely low liabilities ($0-$1) across all reported periods, demonstrating strong financial stability
- Stable asset base (around $1.4M - $1.6M) over more than a decade
- Consistent filing history, indicating good compliance
Frequently Asked Questions about Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd
Is Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd a legitimate charity?
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd (EIN: 16072828) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $663K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd spend its money?
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd tax-deductible?
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd is registered as a tax-exempt nonprofit (EIN: 16072828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd CEO make?
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd's highest-compensated officer earns $1.6 annually. The organization reported $663K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd located?
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd is headquartered in Portland, Maine and files with the IRS under EIN 16072828.
How many years of IRS 990 filings does Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd have?
Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd 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 $663K in total revenue.
What is the specific mission and program focus of Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd?
The available IRS 990 data does not specify the organization's NTEE code or provide detailed program descriptions, making it difficult to ascertain its precise mission and program focus beyond being a trust or foundation.
How does the organization generate its revenue, given the significant fluctuations?
Revenue fluctuates significantly, from $38,529 in 2016 to $305,441 in 2023. This variability suggests that revenue may be heavily reliant on investment returns, capital gains, or specific grant cycles rather than consistent public donations.
What are the primary expenses for the organization, considering the consistent expense levels?
Expenses have ranged from $88,044 in 2013 to $132,453 in 2024. Without detailed breakdowns, these expenses likely cover administrative costs, investment management fees, and potentially grants or distributions, given the trust structure and zero officer compensation.
Filing History
IRS 990 filing history for Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd's revenue has declined by 2.1%, moving from $104K to $102K. Total assets increased by 7.4% over the same period, from $1.5M to $1.6M. Total functional expenses rose by 48.8%, from $89K to $132K. In its most recent filing year (2024), Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $102K | $132K | $1.6M | $1 | — | — |
| 2023 | $305K | $134K | $1.6M | $1 | — | — |
| 2022 | $82K | $126K | $1.5M | $1 | — | View 990 |
| 2021 | $82K | $113K | $1.5M | $1 | — | View 990 |
| 2020 | $83K | $107K | $1.5M | $1 | — | View 990 |
| 2016 | $39K | $98K | $1.6M | $0 | — | View 990 |
| 2015 | $250K | $95K | $1.6M | $0 | — | View 990 |
| 2014 | $73K | $89K | $1.5M | $0 | — | View 990 |
| 2013 | $76K | $88K | $1.5M | $0 | — | View 990 |
| 2012 | $104K | $89K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $102K, expenses of $132K, and assets of $1.6M (revenue -66.6% year-over-year).
- 2023: Revenue of $305K, expenses of $134K, and assets of $1.6M (revenue +274.4% year-over-year).
- 2022: Revenue of $82K, expenses of $126K, and assets of $1.5M (revenue -0.8% year-over-year).
- 2021: Revenue of $82K, expenses of $113K, and assets of $1.5M (revenue -0.6% year-over-year).
- 2020: Revenue of $83K, expenses of $107K, and assets of $1.5M (revenue +114.8% year-over-year).
- 2016: Revenue of $39K, expenses of $98K, and assets of $1.6M (revenue -84.6% year-over-year).
- 2015: Revenue of $250K, expenses of $95K, and assets of $1.6M (revenue +241.0% year-over-year).
- 2014: Revenue of $73K, expenses of $89K, and assets of $1.5M (revenue -2.9% year-over-year).
- 2013: Revenue of $76K, expenses of $88K, and assets of $1.5M (revenue -27.4% year-over-year).
- 2012: Revenue of $104K, expenses of $89K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd:
Data Sources and Methodology
This transparency report for Thomas M Goodall Marion Goodall & Ruth Goodall Pitstick Tr Bo Hd 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.