Trudy Mandel Louis Charitable Tr
Trudy Mandel Louis Charitable Tr maintains strong assets and zero officer compensation, consistently distributing funds.
EIN: 206487466 · Los Angeles, CA · NTEE: P19 · Updated: 2026-03-28
Is Trudy Mandel Louis Charitable Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trudy Mandel Louis Charitable Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trudy Mandel Louis Charitable Tr
Trudy Mandel Louis Charitable Tr (EIN: 206487466) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code P19. The organization reported total revenue of $25.9M and total assets of $33.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trudy Mandel Louis Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trudy Mandel Louis Charitable Tr is a large nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $27.1M |
| Total Liabilities | $1 |
| Net Assets | $27.1M |
| Operating Margin | 41.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 123.5 months |
Financial Health Grade: A
In 2023, Trudy Mandel Louis Charitable Tr reported a surplus of $1.8M with revenue exceeding expenses, holds 123.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Trudy Mandel Louis Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.5% | +11.1% | +7.3% |
| 2022 | +3172.7% | +3.4% | +3.6% |
| 2021 | -89.8% | -2.0% | -8.3% |
| 2020 | -21.0% | +1.0% | -4.9% |
| 2019 | -12.7% | +45.5% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Trudy Mandel Louis Charitable Tr with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Trudy Mandel Louis Charitable Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly efficient for a charitable trust of its size ($33.8M assets).
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.
Strengths
The following positive indicators were identified for Trudy Mandel Louis Charitable Tr:
- Zero officer compensation, indicating high efficiency and direct charitable spending.
- Consistent and substantial asset base, demonstrating long-term financial stability (e.g., $27,081,008 in 2023).
- Very low liabilities ($1 or $0 across all filings), indicating minimal debt and strong financial health.
- Revenue consistently exceeding expenses in recent years (e.g., $4.4M revenue vs. $2.6M expenses in 2023), allowing for asset growth.
- Clear and consistent IRS 990 filing history, demonstrating strong transparency.
Frequently Asked Questions about Trudy Mandel Louis Charitable Tr
Is Trudy Mandel Louis Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Trudy Mandel Louis Charitable Tr (EIN: 206487466) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Trudy Mandel Louis Charitable Tr spend its money?
Trudy Mandel Louis Charitable Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trudy Mandel Louis Charitable Tr tax-deductible?
Trudy Mandel Louis Charitable Tr is registered as a tax-exempt nonprofit (EIN: 206487466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Trudy Mandel Louis Charitable Tr a good charity?
Yes, based on its financial data, it appears to be a very good charity. It maintains substantial assets, consistently spends less than its revenue, and reports zero officer compensation, indicating a highly efficient operation focused on its charitable mission.
How does the organization manage its assets?
The organization manages a significant asset base, fluctuating between $24 million and $30 million over the past decade. In the latest period (202309), assets were $27,081,008, showing consistent stewardship of its endowment.
What is the trend in the organization's revenue and expenses?
Revenue has varied, with a notable peak of $4,478,019 in 2023 and $3,256,591 in 2022, while expenses have remained relatively stable, typically in the $2.3-$2.6 million range in recent years. This indicates a healthy financial position where revenue generally exceeds expenses.
Filing History
IRS 990 filing history for Trudy Mandel Louis Charitable Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Trudy Mandel Louis Charitable Tr's revenue has grown by 209.6%, moving from $1.4M to $4.5M. Total assets decreased by 9.3% over the same period, from $29.9M to $27.1M. Total functional expenses rose by 61%, from $1.6M to $2.6M. In its most recent filing year (2023), Trudy Mandel Louis Charitable Tr reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $27.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $2.6M | $27.1M | $1 | — | View 990 |
| 2022 | $3.3M | $2.4M | $25.2M | $1 | — | View 990 |
| 2021 | $100K | $2.3M | $24.3M | $1 | — | View 990 |
| 2020 | $973K | $2.3M | $26.6M | $1 | — | — |
| 2019 | $1.2M | $2.3M | $27.9M | $1 | — | View 990 |
| 2016 | $1.4M | $1.6M | $29.8M | $0 | — | View 990 |
| 2015 | $1.9M | $1.6M | $30.2M | $0 | — | View 990 |
| 2014 | $1.6M | $1.6M | $29.9M | $0 | — | View 990 |
| 2013 | $1.7M | $1.5M | $29.9M | $0 | — | View 990 |
| 2012 | $1.5M | $1.4M | $29.9M | $0 | — | View 990 |
| 2011 | $1.4M | $1.6M | $29.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $2.6M, and assets of $27.1M (revenue +37.5% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.4M, and assets of $25.2M (revenue +3172.7% year-over-year).
- 2021: Revenue of $100K, expenses of $2.3M, and assets of $24.3M (revenue -89.8% year-over-year).
- 2020: Revenue of $973K, expenses of $2.3M, and assets of $26.6M (revenue -21.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $2.3M, and assets of $27.9M (revenue -12.7% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.6M, and assets of $29.8M (revenue -27.1% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.6M, and assets of $30.2M (revenue +18.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $29.9M (revenue -3.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.5M, and assets of $29.9M (revenue +15.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $29.9M (revenue +0.4% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $29.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trudy Mandel Louis Charitable Tr:
Data Sources and Methodology
This transparency report for Trudy Mandel Louis Charitable 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.