Vera Ellsworth & Bea Cox Charitable Trust
EIN: 421499303 · Council Bluffs, IA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $28K |
| Net Assets | $270K |
Is Vera Ellsworth & Bea Cox Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vera Ellsworth & Bea Cox Charitable Trust
Vera Ellsworth & Bea Cox Charitable Trust (EIN: 421499303) is a nonprofit organization based in Council Bluffs, IA, classified under NTEE code T20. The organization reported total revenue of $89K and total assets of $277K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vera Ellsworth & Bea Cox Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vera Ellsworth & Bea Cox Charitable Trust is a micro nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $28K |
| Surplus / Deficit | $-21,791 |
| Total Assets | $270K |
| Total Liabilities | $1 |
| Net Assets | $270K |
| Operating Margin | -376.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 117.6 months |
Financial Health Grade: B
In 2023, Vera Ellsworth & Bea Cox Charitable Trust reported a deficit of $22K with expenses exceeding revenue, holds 117.6 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), Vera Ellsworth & Bea Cox Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -105.8% | +357.4% | -19.2% |
| 2021 | -16.3% | +2.0% | -1.3% |
| 2019 | -214.9% | +40.2% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vera Ellsworth & Bea Cox Charitable Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vera Ellsworth & Bea Cox Charitable Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Vera Ellsworth & Bea Cox Charitable Trust
Is Vera Ellsworth & Bea Cox Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Vera Ellsworth & Bea Cox Charitable Trust (EIN: 421499303) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vera Ellsworth & Bea Cox Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Vera Ellsworth & Bea Cox Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Vera Ellsworth & Bea Cox Charitable Trust tax-deductible?
Vera Ellsworth & Bea Cox Charitable Trust is registered as a tax-exempt nonprofit (EIN: 421499303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vera Ellsworth & Bea Cox Charitable Trust located?
Vera Ellsworth & Bea Cox Charitable Trust is headquartered in Council Bluffs, Iowa and files with the IRS under EIN 421499303. It is classified under NTEE code T20.
How many years of IRS 990 filings does Vera Ellsworth & Bea Cox Charitable Trust have?
Vera Ellsworth & Bea Cox Charitable Trust 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 $89K in total revenue.
Filing History
IRS 990 filing history for Vera Ellsworth & Bea Cox Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Vera Ellsworth & Bea Cox Charitable Trust's revenue has declined by 69.3%, moving from $19K to $6K. Total assets decreased by 30.9% over the same period, from $391K to $270K. Total functional expenses rose by 8.5%, from $25K to $28K. In its most recent filing year (2023), Vera Ellsworth & Bea Cox Charitable Trust reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1 in liabilities against $270K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $270K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $28K | $270K | $1 | — | — |
| 2022 | $-1,068 | $31K | $290K | $1 | — | View 990 |
| 2021 | $19K | $7K | $359K | $1 | — | — |
| 2020 | $22K | $7K | $364K | $1 | — | View 990 |
| 2019 | $-15,492 | $7K | $365K | $1 | — | View 990 |
| 2015 | $13K | $5K | $348K | $0 | — | View 990 |
| 2014 | $22K | $35K | $366K | $0 | — | View 990 |
| 2013 | $15K | $33K | $371K | $0 | — | View 990 |
| 2012 | $19K | $28K | $403K | $20K | — | View 990 |
| 2011 | $19K | $25K | $391K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $28K, and assets of $270K.
- 2022: Revenue of $-1,068, expenses of $31K, and assets of $290K (revenue -105.8% year-over-year).
- 2021: Revenue of $19K, expenses of $7K, and assets of $359K (revenue -16.3% year-over-year).
- 2020: Revenue of $22K, expenses of $7K, and assets of $364K.
- 2019: Revenue of $-15,492, expenses of $7K, and assets of $365K (revenue -214.9% year-over-year).
- 2015: Revenue of $13K, expenses of $5K, and assets of $348K (revenue -39.2% year-over-year).
- 2014: Revenue of $22K, expenses of $35K, and assets of $366K (revenue +50.6% year-over-year).
- 2013: Revenue of $15K, expenses of $33K, and assets of $371K (revenue -24.3% year-over-year).
- 2012: Revenue of $19K, expenses of $28K, and assets of $403K (revenue +3.0% year-over-year).
- 2011: Revenue of $19K, expenses of $25K, and assets of $391K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vera Ellsworth & Bea Cox Charitable Trust:
Data Sources and Methodology
This transparency report for Vera Ellsworth & Bea Cox Charitable Trust 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.