Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste
Wallick Ford And Dora Trust Consistently Spends More Than It Earns, Drawing Down Assets to Fund Beneficiaries.
EIN: 136711994 · Richmond, IN · NTEE: T11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $453K |
| Total Expenses | $229K |
| Program Spending | 90% |
| Net Assets | $3.3M |
| Transparency Score | 75/100 |
Is Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste
Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste (EIN: 136711994) is a nonprofit organization based in Richmond, IN, classified under NTEE code T11. The organization reported total revenue of $453K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -19.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $229K |
| Surplus / Deficit | $-66,615 |
| Total Assets | $3.3M |
| Net Assets | $3.3M |
| Operating Margin | -41.0% |
| Months of Reserves | 172.0 months |
Financial Health Grade: B
In 2023, Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste reported a deficit of $67K with expenses exceeding revenue, holds 172.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste's revenue has declined at a compound annual growth rate (CAGR) of -19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.8% | -0.8% | -2.0% |
| 2022 | -43.4% | +6.0% | -3.6% |
| 2021 | +104.9% | +1.9% | -0.9% |
| 2020 | -27.2% | +0.8% | -3.4% |
| 2019 | +17.1% | -2.2% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste 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 $67K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This suggests a volunteer-led or externally managed structure, significantly reducing administrative overhead related to executive pay.
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 Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste's IRS 990 filings:
- Consistent deficit spending, leading to asset depletion
- Lack of detailed expense breakdown (program vs. admin) in provided data
Strengths
The following positive indicators were identified for Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste:
- Zero liabilities reported across all filings
- Zero officer compensation, indicating low executive overhead
- Consistent financial reporting over a decade
- Clear mission as a funding mechanism for specific beneficiaries
Frequently Asked Questions about Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste
Is Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste a legitimate charity?
Based on AI analysis of IRS 990 filings, Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste (EIN: 136711994) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste spend its money?
Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste tax-deductible?
Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste is registered as a tax-exempt nonprofit (EIN: 136711994). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste compare to similar nonprofits?
With a transparency score of 75/100 (Good), Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste located?
Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste is headquartered in Richmond, Indiana and files with the IRS under EIN 136711994. It is classified under NTEE code T11.
How many years of IRS 990 filings does Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste have?
Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste 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 $453K in total revenue.
Is Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste a good charity?
The organization appears to be a well-managed trust or endowment, consistently distributing funds to its beneficiaries (YMCA of Miami County and Manchester) without incurring debt or paying executive compensation. Its 'goodness' depends on the impact of the YMCA it supports, as the Trust itself is primarily a funding mechanism.
Why does the organization consistently spend more than its revenue?
The organization's financial pattern suggests it operates as an endowment or trust, drawing down its principal assets to fund its beneficiaries. This is a common model for trusts designed to provide ongoing support, rather than relying solely on annual income generation.
What is the long-term sustainability of this spending model?
The long-term sustainability depends on the rate of asset depletion relative to investment returns and the initial asset base. With assets declining from $4.16 million in 2014 to $3.28 million in 2023, the current spending level is gradually reducing its principal, which will eventually impact its ability to provide the same level of funding.
How does the organization manage without officer compensation?
The absence of officer compensation suggests that the organization is either managed by volunteers, has its administrative functions handled by an external entity (like a bank trust department), or its officers are compensated through other means not reported on the 990, though the latter is less likely for a 0% report.
Filing History
IRS 990 filing history for Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste's revenue has declined by 85%, moving from $1.1M to $163K. Total assets decreased by 21.2% over the same period, from $4.2M to $3.3M. Total functional expenses fell by 1.7%, from $233K to $229K. In its most recent filing year (2023), Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste reported a deficit of $67K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $229K | $3.3M | $0 | — | — |
| 2022 | $105K | $231K | $3.3M | $0 | — | — |
| 2021 | $186K | $218K | $3.5M | $0 | — | View 990 |
| 2020 | $91K | $214K | $3.5M | $0 | — | — |
| 2019 | $124K | $212K | $3.6M | $0 | — | View 990 |
| 2018 | $106K | $217K | $3.7M | $0 | — | View 990 |
| 2017 | $183K | $211K | $3.8M | $0 | — | View 990 |
| 2016 | $-1,217 | $214K | $3.9M | $0 | — | View 990 |
| 2015 | $140K | $232K | $4.1M | $0 | — | View 990 |
| 2014 | $1.1M | $233K | $4.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $229K, and assets of $3.3M (revenue +54.8% year-over-year).
- 2022: Revenue of $105K, expenses of $231K, and assets of $3.3M (revenue -43.4% year-over-year).
- 2021: Revenue of $186K, expenses of $218K, and assets of $3.5M (revenue +104.9% year-over-year).
- 2020: Revenue of $91K, expenses of $214K, and assets of $3.5M (revenue -27.2% year-over-year).
- 2019: Revenue of $124K, expenses of $212K, and assets of $3.6M (revenue +17.1% year-over-year).
- 2018: Revenue of $106K, expenses of $217K, and assets of $3.7M (revenue -42.0% year-over-year).
- 2017: Revenue of $183K, expenses of $211K, and assets of $3.8M.
- 2016: Revenue of $-1,217, expenses of $214K, and assets of $3.9M (revenue -100.9% year-over-year).
- 2015: Revenue of $140K, expenses of $232K, and assets of $4.1M (revenue -87.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $233K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste:
Data Sources and Methodology
This transparency report for Wallick Ford And Dora Trust Fbo The Ymca Of Miami County And Mancheste 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.