Trefoil Foundation Tr
Trefoil Foundation Tr operates with minimal revenue and no executive compensation, showing modest asset growth.
EIN: 137388582 · Portsmouth, NH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $22K |
| Program Spending | 90% |
| Net Assets | $45K |
| Transparency Score | 85/100 |
Is Trefoil Foundation Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trefoil Foundation Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trefoil Foundation Tr
Trefoil Foundation Tr (EIN: 137388582) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code T22. The organization reported total revenue of $1K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trefoil Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trefoil Foundation Tr is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 123.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $22K |
| Surplus / Deficit | +$24K |
| Total Assets | $45K |
| Total Liabilities | $1 |
| Net Assets | $45K |
| Operating Margin | 52.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.7 months |
Financial Health Grade: A
In 2023, Trefoil Foundation Tr reported a surplus of $24K with revenue exceeding expenses, holds 24.7 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), Trefoil Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 123.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.3% | +6.4% | +177.5% |
| 2022 | +1.3% | -21.2% | +105.2% |
| 2021 | +159.5% | -9.5% | +2.6% |
| 2020 | +94.6% | +12.3% | -53.1% |
| 2019 | -23.0% | +53.6% | +37.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Trefoil Foundation Tr 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Trefoil Foundation Tr 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 surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or receives no salary, which is highly efficient for an organization of its size.
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 Trefoil Foundation Tr's IRS 990 filings:
- Highly fluctuating revenue, making long-term financial planning potentially challenging.
- Limited financial scale, which may restrict program impact and growth potential.
Strengths
The following positive indicators were identified for Trefoil Foundation Tr:
- Zero executive compensation, indicating high efficiency in leadership costs.
- Consistently low liabilities ($1), demonstrating strong financial solvency.
- Positive asset growth in recent years, from $7,959 in 2021 to $45,329 in 2023.
- Consistent IRS 990 filing history, indicating transparency and compliance.
Frequently Asked Questions about Trefoil Foundation Tr
Is Trefoil Foundation Tr a legitimate charity?
Trefoil Foundation Tr (EIN: 137388582) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Trefoil Foundation Tr spend its money?
Trefoil Foundation Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Trefoil Foundation Tr tax-deductible?
Trefoil Foundation Tr is registered as a tax-exempt nonprofit (EIN: 137388582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Trefoil Foundation Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trefoil Foundation Tr is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trefoil Foundation Tr located?
Trefoil Foundation Tr is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 137388582. It is classified under NTEE code T22.
How many years of IRS 990 filings does Trefoil Foundation Tr have?
Trefoil Foundation Tr 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 $1K in total revenue.
What are the specific programs Trefoil Foundation Tr funds?
The provided IRS 990 data does not detail the specific programs or activities that Trefoil Foundation Tr supports. Further investigation into their mission statement or website would be necessary.
How does Trefoil Foundation Tr manage to operate with zero officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that any leadership roles are compensated through other means not classified as officer compensation, which is common for very small nonprofits.
Is the recent increase in assets sustainable for Trefoil Foundation Tr?
Assets have grown from $7,959 in 2021 to $45,329 in 2023, largely driven by revenue exceeding expenses in those periods. While positive, the sustainability depends on continued revenue generation, which has historically fluctuated significantly.
Filing History
IRS 990 filing history for Trefoil Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Trefoil Foundation Tr's revenue has grown by 1539866.7%, moving from $3 to $46K. Total assets increased by 1260.4% over the same period, from $3K to $45K. Total functional expenses rose by 109.8%, from $11K to $22K. In its most recent filing year (2023), Trefoil Foundation Tr reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $45K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $22K | $45K | $1 | — | — |
| 2022 | $53K | $21K | $16K | $1 | — | View 990 |
| 2021 | $53K | $26K | $8K | $1 | — | — |
| 2020 | $20K | $29K | $8K | $1 | — | — |
| 2019 | $10K | $26K | $17K | $1 | — | View 990 |
| 2015 | $14K | $17K | $12K | $1 | — | View 990 |
| 2014 | $14K | $17K | $15K | $1 | — | View 990 |
| 2013 | $15K | $4K | $19K | $1 | — | View 990 |
| 2012 | $9K | $4K | $8K | $1 | — | View 990 |
| 2011 | $3 | $11K | $3K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $22K, and assets of $45K (revenue -13.3% year-over-year).
- 2022: Revenue of $53K, expenses of $21K, and assets of $16K (revenue +1.3% year-over-year).
- 2021: Revenue of $53K, expenses of $26K, and assets of $8K (revenue +159.5% year-over-year).
- 2020: Revenue of $20K, expenses of $29K, and assets of $8K (revenue +94.6% year-over-year).
- 2019: Revenue of $10K, expenses of $26K, and assets of $17K (revenue -23.0% year-over-year).
- 2015: Revenue of $14K, expenses of $17K, and assets of $12K (revenue -0.7% year-over-year).
- 2014: Revenue of $14K, expenses of $17K, and assets of $15K (revenue -9.8% year-over-year).
- 2013: Revenue of $15K, expenses of $4K, and assets of $19K (revenue +71.0% year-over-year).
- 2012: Revenue of $9K, expenses of $4K, and assets of $8K (revenue +293866.7% year-over-year).
- 2011: Revenue of $3, expenses of $11K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trefoil Foundation Tr:
Data Sources and Methodology
This transparency report for Trefoil Foundation Tr 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.