Warren H Timmerman Charitable Trust
Warren H Timmerman Charitable Trust consistently spends more than its revenue, drawing down its asset base.
EIN: 207098728 · Carroll, IA · NTEE: T20 · Updated: 2026-03-28
Is Warren H Timmerman Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Warren H Timmerman Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warren H Timmerman Charitable Trust
Warren H Timmerman Charitable Trust (EIN: 207098728) is a nonprofit organization based in Carroll, IA, classified under NTEE code T20. The organization reported total revenue of $65K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warren H Timmerman Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Warren H Timmerman Charitable Trust with a Mission Score of 70 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, Warren H Timmerman Charitable Trust 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.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives or officers, which is common for smaller trusts managed by volunteers or external fiduciaries.
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 Warren H Timmerman Charitable Trust's IRS 990 filings:
- Consistent deficit spending: Expenses have significantly outpaced revenue in every reported period, leading to a substantial decline in assets (e.g., $14,001 revenue vs. $160,977 expenses in 2023).
- Declining asset base: Total assets have decreased by over $1.2 million from 2011 to 2023, indicating a finite operational lifespan under current spending patterns.
Strengths
The following positive indicators were identified for Warren H Timmerman Charitable Trust:
- No executive compensation: The Trust reports 0% officer compensation, indicating that funds are not being used for executive salaries.
- No liabilities: The organization consistently reports $0 or $1 in liabilities, indicating strong financial solvency and no significant debt burden.
- Consistent grantmaking: Despite declining assets, the Trust has consistently disbursed funds, indicating active fulfillment of its charitable purpose.
Frequently Asked Questions about Warren H Timmerman Charitable Trust
Is Warren H Timmerman Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Warren H Timmerman Charitable Trust (EIN: 207098728) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Warren H Timmerman Charitable Trust spend its money?
Warren H Timmerman Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Warren H Timmerman Charitable Trust tax-deductible?
Warren H Timmerman Charitable Trust is registered as a tax-exempt nonprofit (EIN: 207098728). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the Trust's long-term strategy for asset management given the consistent deficit spending?
The provided data shows a consistent decline in assets from $2,667,299 in 2011 to $1,418,995 in 2023, indicating the Trust is spending down its principal. The strategy is likely to disburse the trust's corpus over time.
What specific programs or grants does the Trust support?
The provided data does not detail specific programs or grant recipients. Further investigation of the full 990 forms would be required to identify the beneficiaries of the Trust's distributions.
Are there any plans for new revenue generation to sustain the Trust's activities?
The consistent pattern of expenses exceeding revenue suggests that the Trust primarily operates by distributing its existing assets. There is no indication from the summary data of active fundraising or new revenue generation initiatives.
Filing History
IRS 990 filing history for Warren H Timmerman Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Warren H Timmerman Charitable Trust's revenue has declined by 61%, moving from $36K to $14K. Total assets decreased by 46.8% over the same period, from $2.7M to $1.4M. Total functional expenses fell by 11.9%, from $183K to $161K. In its most recent filing year (2023), Warren H Timmerman Charitable Trust reported a deficit of $147K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $161K | $1.4M | $1 | — | — |
| 2022 | $89K | $201K | $1.6M | $1 | — | View 990 |
| 2021 | $102K | $190K | $1.7M | $1 | — | — |
| 2020 | $72K | $181K | $1.8M | $1 | — | View 990 |
| 2019 | $89K | $157K | $1.9M | $1 | — | View 990 |
| 2015 | $62K | $163K | $2.3M | $0 | — | View 990 |
| 2014 | $74K | $165K | $2.4M | $0 | — | View 990 |
| 2013 | $67K | $155K | $2.5M | $0 | — | View 990 |
| 2012 | $54K | $164K | $2.6M | $0 | — | View 990 |
| 2011 | $36K | $183K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $161K, and assets of $1.4M (revenue -84.2% year-over-year).
- 2022: Revenue of $89K, expenses of $201K, and assets of $1.6M (revenue -12.9% year-over-year).
- 2021: Revenue of $102K, expenses of $190K, and assets of $1.7M (revenue +41.3% year-over-year).
- 2020: Revenue of $72K, expenses of $181K, and assets of $1.8M (revenue -19.1% year-over-year).
- 2019: Revenue of $89K, expenses of $157K, and assets of $1.9M (revenue +43.1% year-over-year).
- 2015: Revenue of $62K, expenses of $163K, and assets of $2.3M (revenue -16.2% year-over-year).
- 2014: Revenue of $74K, expenses of $165K, and assets of $2.4M (revenue +10.5% year-over-year).
- 2013: Revenue of $67K, expenses of $155K, and assets of $2.5M (revenue +24.8% year-over-year).
- 2012: Revenue of $54K, expenses of $164K, and assets of $2.6M (revenue +49.9% year-over-year).
- 2011: Revenue of $36K, expenses of $183K, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Warren H Timmerman 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.