Ttee Sophia Dawson Charitable Trust 2818001645
Sophia Dawson Charitable Trust consistently spends more than its annual revenue, drawing from its endowment.
EIN: 136621560 · Wilmington, DE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $616K |
| Total Expenses | $87K |
| Program Spending | 70% |
| Net Assets | $1.2M |
| Transparency Score | 65/100 |
Is Ttee Sophia Dawson Charitable Trust 2818001645 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ttee Sophia Dawson Charitable Trust 2818001645 directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ttee Sophia Dawson Charitable Trust 2818001645
Ttee Sophia Dawson Charitable Trust 2818001645 (EIN: 136621560) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $616K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ttee Sophia Dawson Charitable Trust 2818001645's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ttee Sophia Dawson Charitable Trust 2818001645 is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $87K |
| Surplus / Deficit | $-51,957 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -150.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 159.9 months |
Financial Health Grade: B
In 2023, Ttee Sophia Dawson Charitable Trust 2818001645 reported a deficit of $52K with expenses exceeding revenue, holds 159.9 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 (2011–2023), Ttee Sophia Dawson Charitable Trust 2818001645's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -161.8% | +3.0% | -22.2% |
| 2021 | +12.2% | +34.3% | +15.3% |
| 2020 | +252.9% | +0.9% | +17.8% |
| 2019 | +42.8% | -1.9% | -8.2% |
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 Ttee Sophia Dawson Charitable Trust 2818001645 with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Ttee Sophia Dawson Charitable Trust 2818001645 allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% 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 $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that the trust's leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive for resource allocation.
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 Ttee Sophia Dawson Charitable Trust 2818001645's IRS 990 filings:
- Consistent negative or low revenue relative to expenses, indicating reliance on asset depletion or significant investment volatility.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency analysis.
- NTEE code is unknown, making it difficult to understand the organization's specific charitable purpose.
Strengths
The following positive indicators were identified for Ttee Sophia Dawson Charitable Trust 2818001645:
- Consistent 0% officer compensation, indicating efficient use of funds at the leadership level.
- Maintains a significant asset base, suggesting long-term financial stability for its operations.
- Consistent filing of IRS Form 990s, demonstrating basic financial transparency.
Frequently Asked Questions about Ttee Sophia Dawson Charitable Trust 2818001645
Is Ttee Sophia Dawson Charitable Trust 2818001645 a legitimate charity?
Ttee Sophia Dawson Charitable Trust 2818001645 (EIN: 136621560) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $616K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ttee Sophia Dawson Charitable Trust 2818001645 spend its money?
Ttee Sophia Dawson Charitable Trust 2818001645 directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Ttee Sophia Dawson Charitable Trust 2818001645 tax-deductible?
Ttee Sophia Dawson Charitable Trust 2818001645 is registered as a tax-exempt nonprofit (EIN: 136621560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ttee Sophia Dawson Charitable Trust 2818001645's spending goes to programs?
Ttee Sophia Dawson Charitable Trust 2818001645 directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Ttee Sophia Dawson Charitable Trust 2818001645 located?
Ttee Sophia Dawson Charitable Trust 2818001645 is headquartered in Wilmington, Delaware and files with the IRS under EIN 136621560.
How many years of IRS 990 filings does Ttee Sophia Dawson Charitable Trust 2818001645 have?
Ttee Sophia Dawson Charitable Trust 2818001645 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 $616K in total revenue.
What is the specific mission or program focus of the Ttee Sophia Dawson Charitable Trust?
The provided data does not specify the NTEE code or detailed program activities, making it unclear what specific charitable causes the trust supports.
How does the trust cover its expenses when revenue is consistently lower, or even negative, as in 2022?
The trust likely covers its expenses by drawing from its substantial asset base (endowment) or accumulated earnings, as evidenced by the fluctuating asset values and consistent expense levels despite variable revenue.
What are the specific categories of expenses that make up the annual spending?
The provided data only gives total expenses. Without a breakdown into program, administrative, and fundraising costs, it's impossible to determine the efficiency of spending across different categories.
Filing History
IRS 990 filing history for Ttee Sophia Dawson Charitable Trust 2818001645 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ttee Sophia Dawson Charitable Trust 2818001645's revenue has grown by 33.1%, moving from $26K to $35K. Total assets decreased by 13.1% over the same period, from $1.3M to $1.2M. Total functional expenses rose by 15.8%, from $75K to $87K. In its most recent filing year (2023), Ttee Sophia Dawson Charitable Trust 2818001645 reported a deficit of $52K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $87K | $1.2M | $1 | — | View 990 |
| 2022 | $-204,684 | $129K | $1.2M | $1 | — | View 990 |
| 2021 | $331K | $125K | $1.5M | $1 | — | — |
| 2020 | $295K | $93K | $1.3M | $1 | — | — |
| 2019 | $84K | $92K | $1.1M | $0 | — | View 990 |
| 2015 | $59K | $94K | $1.2M | $0 | — | View 990 |
| 2014 | $87K | $79K | $1.3M | $0 | — | View 990 |
| 2013 | $47K | $78K | $1.3M | $0 | — | View 990 |
| 2012 | $40K | $77K | $1.3M | $0 | — | View 990 |
| 2011 | $26K | $75K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $87K, and assets of $1.2M.
- 2022: Revenue of $-204,684, expenses of $129K, and assets of $1.2M (revenue -161.8% year-over-year).
- 2021: Revenue of $331K, expenses of $125K, and assets of $1.5M (revenue +12.2% year-over-year).
- 2020: Revenue of $295K, expenses of $93K, and assets of $1.3M (revenue +252.9% year-over-year).
- 2019: Revenue of $84K, expenses of $92K, and assets of $1.1M (revenue +42.8% year-over-year).
- 2015: Revenue of $59K, expenses of $94K, and assets of $1.2M (revenue -32.8% year-over-year).
- 2014: Revenue of $87K, expenses of $79K, and assets of $1.3M (revenue +86.7% year-over-year).
- 2013: Revenue of $47K, expenses of $78K, and assets of $1.3M (revenue +16.8% year-over-year).
- 2012: Revenue of $40K, expenses of $77K, and assets of $1.3M (revenue +54.0% year-over-year).
- 2011: Revenue of $26K, expenses of $75K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ttee Sophia Dawson Charitable Trust 2818001645:
Data Sources and Methodology
This transparency report for Ttee Sophia Dawson Charitable Trust 2818001645 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.