Trinity Church Landmark Preservation Fund Inc
Trinity Church Landmark Preservation Fund: Strong Asset Base, Inconsistent Spending
EIN: 222659537 · Newport, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $138K |
| Program Spending | 50% |
| Net Assets | $1.4M |
| Transparency Score | 75/100 |
Is Trinity Church Landmark Preservation Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Church Landmark Preservation Fund Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Trinity Church Landmark Preservation Fund Inc
Trinity Church Landmark Preservation Fund Inc (EIN: 222659537) is a nonprofit organization based in Newport, RI. The organization reported total revenue of $139K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Church Landmark Preservation Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Church Landmark Preservation Fund Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $138K |
| Surplus / Deficit | $-62,728 |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | -83.3% |
| Months of Reserves | 121.8 months |
Financial Health Grade: B
In 2023, Trinity Church Landmark Preservation Fund Inc reported a deficit of $63K with expenses exceeding revenue, holds 121.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Trinity Church Landmark Preservation Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.8% | -38.4% | -10.3% |
| 2022 | +56.4% | +1111.1% | -10.2% |
| 2021 | +66.9% | -49.5% | +10.6% |
| 2020 | -30.3% | -61.2% | -0.8% |
| 2019 | -1.2% | +266.3% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Trinity Church Landmark Preservation Fund Inc 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: 25%
- programs: 50%
- fundraising: 25%
According to IRS 990 filings, Trinity Church Landmark Preservation Fund Inc allocates its expenses as follows: admin: 25%, programs: 50%, fundraising: 25%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $63K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold or non-existent, which is positive for a small organization.
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 Trinity Church Landmark Preservation Fund Inc's IRS 990 filings:
- Significant fluctuations in expenses, from $18,519 in 2021 to $224,275 in 2022, without clear explanations in summary data.
- Revenue has been inconsistent, with a notable drop from $182,295 in 2016 to $75,321 in 2023, potentially impacting long-term sustainability.
- The organization's net assets have shown a declining trend in recent years, from $1,740,762 in 2021 to $1,401,684 in 2023.
Strengths
The following positive indicators were identified for Trinity Church Landmark Preservation Fund Inc:
- Maintains a substantial asset base of over $1.4 million, providing a strong financial cushion for its mission.
- Consistent filing of IRS Form 990s demonstrates adherence to regulatory requirements.
- Zero reported liabilities, indicating a healthy balance sheet and no outstanding debt.
Frequently Asked Questions about Trinity Church Landmark Preservation Fund Inc
Is Trinity Church Landmark Preservation Fund Inc a legitimate charity?
Trinity Church Landmark Preservation Fund Inc (EIN: 222659537) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $139K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Trinity Church Landmark Preservation Fund Inc spend its money?
Trinity Church Landmark Preservation Fund Inc directs 50% of its spending to programs and services. Fundraising costs 25%. This falls below the 65% benchmark.
Are donations to Trinity Church Landmark Preservation Fund Inc tax-deductible?
Trinity Church Landmark Preservation Fund Inc is registered as a tax-exempt nonprofit (EIN: 222659537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Church Landmark Preservation Fund Inc's spending goes to programs?
Trinity Church Landmark Preservation Fund Inc directs 50% to programs, 25% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Trinity Church Landmark Preservation Fund Inc located?
Trinity Church Landmark Preservation Fund Inc is headquartered in Newport, Rhode Island and files with the IRS under EIN 222659537.
How many years of IRS 990 filings does Trinity Church Landmark Preservation Fund Inc have?
Trinity Church Landmark Preservation Fund Inc has 13 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 $139K in total revenue.
What does Trinity Church Landmark Preservation Fund Inc do?
Trinity Church Landmark Preservation Fund Inc is a nonprofit organization in the Unknown sector, located in Newport, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Trinity Church Landmark Preservation Fund Inc have?
Trinity Church Landmark Preservation Fund Inc reported total revenue of $139,206. Based on 13 IRS 990 filings on record.
What are Trinity Church Landmark Preservation Fund Inc's total assets?
Trinity Church Landmark Preservation Fund Inc holds total assets of $1,514,529 as reported in IRS 990 filings.
Where is Trinity Church Landmark Preservation Fund Inc located?
Trinity Church Landmark Preservation Fund Inc is based in Newport, Rhode Island.
What is Trinity Church Landmark Preservation Fund Inc's EIN?
Trinity Church Landmark Preservation Fund Inc's Employer Identification Number (EIN) is 222659537. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Trinity Church Landmark Preservation Fund Inc?
Trinity Church Landmark Preservation Fund Inc is classified under NTEE code Unknown (Unknown).
Is Trinity Church Landmark Preservation Fund Inc a registered 501(c)(3)?
Trinity Church Landmark Preservation Fund Inc appears in IRS records (EIN: 222659537). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Trinity Church Landmark Preservation Fund Inc file IRS Form 990?
Yes, Trinity Church Landmark Preservation Fund Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Trinity Church Landmark Preservation Fund Inc's revenue in 2023?
In the 202312 filing period, Trinity Church Landmark Preservation Fund Inc reported total revenue of $75,321, total expenses of $138,049, and net assets of $1,401,684.
Is Trinity Church Landmark Preservation Fund Inc's revenue growing or declining?
Trinity Church Landmark Preservation Fund Inc's revenue is declining. Revenue went from $138,939 (202212) to $75,321 (202312), a -45.8% change. Based on 13 filings on record.
What is Trinity Church Landmark Preservation Fund Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Trinity Church Landmark Preservation Fund Inc covers tax period 202312. It shows revenue of $75,321, expenses of $138,049, total assets of $1,401,684, and liabilities of N/A.
How much does Trinity Church Landmark Preservation Fund Inc spend on programs vs administration?
Based on IRS 990 analysis, Trinity Church Landmark Preservation Fund Inc allocates approximately 50% of expenses to program services, 25% to administrative costs, and 25% to fundraising. Program spending is moderate relative to overhead.
Is Trinity Church Landmark Preservation Fund Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Trinity Church Landmark Preservation Fund Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Trinity Church Landmark Preservation Fund Inc?
The following concerns were identified: Significant fluctuations in expenses, from $18,519 in 2021 to $224,275 in 2022, without clear explanations in summary data.. Revenue has been inconsistent, with a notable drop from $182,295 in 2016 to $75,321 in 2023, potentially impacting long-term sustainability.. The organization's net assets have shown a declining trend in recent years, from $1,740,762 in 2021 to $1,401,684 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Trinity Church Landmark Preservation Fund Inc's strengths?
Positive indicators for Trinity Church Landmark Preservation Fund Inc include: Maintains a substantial asset base of over $1.4 million, providing a strong financial cushion for its mission.. Consistent filing of IRS Form 990s demonstrates adherence to regulatory requirements.. Zero reported liabilities, indicating a healthy balance sheet and no outstanding debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Trinity Church Landmark Preservation Fund Inc compensate executives?
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold or non-existent, which is positive for a small organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the organization's name, what specific landmark preservation projects have been undertaken or funded, and how are these detailed to the public?
The provided data does not specify individual projects or their associated costs, making it difficult to assess the direct impact of the 'Landmark Preservation Fund' beyond general expenses.
What is the cause of the significant year-over-year expense volatility, such as the jump from $18,519 in 2021 to $224,275 in 2022, and how does this align with the organization's long-term preservation goals?
Without detailed program or administrative expense breakdowns, it's unclear if these fluctuations represent large, intermittent preservation projects, significant administrative overhead, or other factors. This volatility could indicate inconsistent project funding or management.
Filing History
IRS 990 filing history for Trinity Church Landmark Preservation Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Church Landmark Preservation Fund Inc's revenue has grown by 3.7%, moving from $73K to $75K. Total assets decreased by 8.5% over the same period, from $1.5M to $1.4M. Total functional expenses rose by 121.2%, from $62K to $138K. In its most recent filing year (2023), Trinity Church Landmark Preservation Fund Inc reported a deficit of $63K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $138K | $1.4M | $0 | — | View 990 |
| 2022 | $139K | $224K | $1.6M | $0 | — | — |
| 2021 | $89K | $19K | $1.7M | $0 | — | View 990 |
| 2020 | $53K | $37K | $1.6M | $0 | — | — |
| 2019 | $76K | $94K | $1.6M | $0 | — | View 990 |
| 2018 | $77K | $26K | $1.5M | $0 | — | View 990 |
| 2017 | $122K | $64K | $1.6M | $0 | — | View 990 |
| 2016 | $182K | $61K | $1.5M | $0 | — | View 990 |
| 2015 | $55K | $209K | $1.5M | $0 | — | View 990 |
| 2014 | $93K | $22K | $1.6M | $0 | — | View 990 |
| 2013 | $51K | $340K | $1.5M | $0 | — | View 990 |
| 2012 | $88K | $128K | $1.6M | $0 | — | View 990 |
| 2011 | $73K | $62K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $138K, and assets of $1.4M (revenue -45.8% year-over-year).
- 2022: Revenue of $139K, expenses of $224K, and assets of $1.6M (revenue +56.4% year-over-year).
- 2021: Revenue of $89K, expenses of $19K, and assets of $1.7M (revenue +66.9% year-over-year).
- 2020: Revenue of $53K, expenses of $37K, and assets of $1.6M (revenue -30.3% year-over-year).
- 2019: Revenue of $76K, expenses of $94K, and assets of $1.6M (revenue -1.2% year-over-year).
- 2018: Revenue of $77K, expenses of $26K, and assets of $1.5M (revenue -36.7% year-over-year).
- 2017: Revenue of $122K, expenses of $64K, and assets of $1.6M (revenue -33.0% year-over-year).
- 2016: Revenue of $182K, expenses of $61K, and assets of $1.5M (revenue +230.0% year-over-year).
- 2015: Revenue of $55K, expenses of $209K, and assets of $1.5M (revenue -40.7% year-over-year).
- 2014: Revenue of $93K, expenses of $22K, and assets of $1.6M (revenue +81.5% year-over-year).
- 2013: Revenue of $51K, expenses of $340K, and assets of $1.5M (revenue -42.0% year-over-year).
- 2012: Revenue of $88K, expenses of $128K, and assets of $1.6M (revenue +21.8% year-over-year).
- 2011: Revenue of $73K, expenses of $62K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Church Landmark Preservation Fund Inc:
Data Sources and Methodology
This transparency report for Trinity Church Landmark Preservation Fund Inc 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.