Trust For Mutual Understanding
Trust For Mutual Understanding consistently operates with substantial assets and minimal liabilities, funding programs through a mix of revenue and asset utilization.
EIN: 133212724 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.2M |
| Total Expenses | $4.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $25.6M |
| Transparency Score | 95/100 |
Is Trust For Mutual Understanding Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trust For Mutual Understanding directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trust For Mutual Understanding
Trust For Mutual Understanding (EIN: 133212724) is a nonprofit organization based in New York, NY. The organization reported total revenue of $15.2M and total assets of $25.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trust For Mutual Understanding's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trust For Mutual Understanding is a large nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $4.6M |
| Surplus / Deficit | $-1,001,224 |
| Total Assets | $25.6M |
| Total Liabilities | $1 |
| Net Assets | $25.6M |
| Operating Margin | -28.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 67.1 months |
Financial Health Grade: B
In 2023, Trust For Mutual Understanding reported a deficit of $1.0M with expenses exceeding revenue, holds 67.1 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), Trust For Mutual Understanding's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.2% | +8.8% | -8.3% |
| 2022 | -52.4% | +16.2% | -9.2% |
| 2021 | -9.4% | +3.6% | +2.6% |
| 2020 | +80.0% | -13.3% | +6.0% |
| 2019 | -6.2% | +13.7% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Trust For Mutual Understanding 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Trust For Mutual Understanding 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 deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of this size with over $25 million in assets and annual expenses exceeding $4 million, suggesting either a fully volunteer-led executive team or that executive services are provided by an external entity not directly compensated by the Trust.
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 Trust For Mutual Understanding's IRS 990 filings:
- NTEE Code Unknown: Lack of NTEE code makes it difficult to benchmark against similar organizations.
- Consistent Expense Over Revenue: In several recent years (2023, 2022), expenses have exceeded revenue, indicating reliance on asset drawdowns, though sustainable given the large asset base.
Strengths
The following positive indicators were identified for Trust For Mutual Understanding:
- Strong Financial Stability: Consistently high assets (over $25 million) and minimal liabilities ($1) demonstrate excellent financial health.
- Zero Officer Compensation: No reported officer compensation across all filings, indicating high efficiency in directing funds to programs.
- Consistent Filing History: Ten years of consistent IRS 990 filings demonstrate transparency and accountability.
- Low Liabilities: Liabilities consistently reported as $1, indicating virtually no debt and a very healthy balance sheet.
Frequently Asked Questions about Trust For Mutual Understanding
Is Trust For Mutual Understanding a legitimate charity?
Trust For Mutual Understanding (EIN: 133212724) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $15.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Trust For Mutual Understanding spend its money?
Trust For Mutual Understanding directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Trust For Mutual Understanding tax-deductible?
Trust For Mutual Understanding is registered as a tax-exempt nonprofit (EIN: 133212724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Trust For Mutual Understanding CEO make?
Trust For Mutual Understanding's highest-compensated officer earns $25 annually. The organization reported $15.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Trust For Mutual Understanding located?
Trust For Mutual Understanding is headquartered in New York, New York and files with the IRS under EIN 133212724.
How many years of IRS 990 filings does Trust For Mutual Understanding have?
Trust For Mutual Understanding 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 $15.2M in total revenue.
Is Trust For Mutual Understanding a good charity?
Based on the available data, Trust For Mutual Understanding appears to be a financially sound organization with substantial assets and minimal liabilities. Its consistent reporting of 0% officer compensation suggests a strong commitment to directing funds towards its mission. The organization's ability to operate with expenses sometimes exceeding revenue, supported by its large asset base, indicates a well-managed endowment.
How does Trust For Mutual Understanding manage its finances given fluctuating revenue?
The organization manages fluctuating revenue by leveraging its significant asset base, which has consistently been over $25 million. In years where expenses exceed revenue (e.g., 2023, 2022), the organization likely draws from its endowment or investment income to cover operational costs, maintaining its program delivery without incurring debt, as evidenced by minimal liabilities ($1).
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings. This indicates that no officers are directly compensated by the Trust For Mutual Understanding, which is a highly efficient model for directing resources to its mission. This could imply a volunteer board or that executive functions are fulfilled through other means.
Filing History
IRS 990 filing history for Trust For Mutual Understanding showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Trust For Mutual Understanding's revenue has grown by 34.8%, moving from $2.7M to $3.6M. Total assets decreased by 14.9% over the same period, from $30.0M to $25.6M. Total functional expenses rose by 1.1%, from $4.5M to $4.6M. In its most recent filing year (2023), Trust For Mutual Understanding reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $25.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $25.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $4.6M | $25.6M | $1 | — | View 990 |
| 2022 | $2.6M | $4.2M | $27.9M | $1 | — | View 990 |
| 2021 | $5.4M | $3.6M | $30.7M | $1 | — | View 990 |
| 2020 | $6.0M | $3.5M | $30.0M | $1 | — | View 990 |
| 2019 | $3.3M | $4.0M | $28.3M | $1 | — | — |
| 2015 | $3.5M | $3.5M | $30.7M | $1 | — | View 990 |
| 2014 | $4.1M | $3.2M | $30.8M | $1 | — | View 990 |
| 2013 | $3.3M | $3.2M | $29.9M | $1 | — | View 990 |
| 2012 | $2.7M | $2.9M | $29.7M | $1 | — | View 990 |
| 2011 | $2.7M | $4.5M | $30.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $4.6M, and assets of $25.6M (revenue +38.2% year-over-year).
- 2022: Revenue of $2.6M, expenses of $4.2M, and assets of $27.9M (revenue -52.4% year-over-year).
- 2021: Revenue of $5.4M, expenses of $3.6M, and assets of $30.7M (revenue -9.4% year-over-year).
- 2020: Revenue of $6.0M, expenses of $3.5M, and assets of $30.0M (revenue +80.0% year-over-year).
- 2019: Revenue of $3.3M, expenses of $4.0M, and assets of $28.3M (revenue -6.2% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.5M, and assets of $30.7M (revenue -13.8% year-over-year).
- 2014: Revenue of $4.1M, expenses of $3.2M, and assets of $30.8M (revenue +23.6% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.2M, and assets of $29.9M (revenue +24.3% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.9M, and assets of $29.7M (revenue +1.1% year-over-year).
- 2011: Revenue of $2.7M, expenses of $4.5M, and assets of $30.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trust For Mutual Understanding:
Data Sources and Methodology
This transparency report for Trust For Mutual Understanding 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.