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

$65KRevenue
$1.3MAssets
70/100Mission Score (Good)
T20

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Warren H Timmerman Charitable Trust Financial Summary
MetricValue
Total Revenue$65K
Total Expenses$161K
Program Spending90%
Net Assets$1.4M
Transparency Score70/100

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Warren H Timmerman Charitable Trust Form 990, Revenue, CEO Pay, and IRS Filing Signals

Warren H Timmerman Charitable Trust is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Warren H Timmerman Charitable Trust in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $14K and expenses of $161K.

Revenue and Expenses

Warren H Timmerman Charitable Trust reported $14K in revenue and $161K in expenses, a deficit of $147K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Warren H Timmerman Charitable Trust Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Warren H Timmerman Charitable Trust Expense Deployment
Program services$145K (90%)

Across stored filings, Warren H Timmerman Charitable Trust shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Warren H Timmerman Charitable Trust Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade B10 stored filing years
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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.

Organization Overview

19Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Warren H Timmerman Charitable Trust is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$14K
Total Expenses$161K
Surplus / Deficit$-146,976
Total Assets$1.4M
Total Liabilities$1
Net Assets$1.4M
Operating Margin-1049.8%
Debt-to-Asset Ratio0.0%
Months of Reserves105.8 months

Financial Health Grade: B

In 2023, Warren H Timmerman Charitable Trust reported a deficit of $147K with expenses exceeding revenue, holds 105.8 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), Warren H Timmerman Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-84.2%-19.9%-9.4%
2022-12.9%+6.0%-6.7%
2021+41.3%+5.0%-5.0%
2020-19.1%+15.2%-5.8%
2019+43.1%-3.8%-17.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Warren H Timmerman Charitable Trust appears to be a private foundation primarily focused on grantmaking, as indicated by its NTEE code T20. Its financial health shows a consistent pattern of expenses significantly exceeding revenue over the past decade. For example, in 2023, revenue was $14,001 while expenses were $160,977, and this trend is visible across all reported periods. This deficit spending has led to a steady decline in assets, from $2,667,299 in 2011 to $1,418,995 in 2023. While this spending pattern might be intentional for a trust distributing its corpus, it's crucial to understand the long-term sustainability plan. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which are not explicitly provided in the summary data. However, as a charitable trust, its primary 'program' activity would be grant distributions. The consistent and substantial expenses suggest active distribution of funds. Transparency appears adequate given the availability of 990 filings, and the absence of officer compensation simplifies the financial structure. Overall, the Trust is actively distributing funds, but its financial model relies on drawing down its asset base. While this is not inherently negative for a trust designed to disburse its principal, it signals a finite operational lifespan if current spending patterns continue without significant new contributions. The lack of liabilities across all periods is a positive indicator of financial stability.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$14KTotal Revenue
$161KTotal Expenses
$1.4MTotal Assets
$1Total Liabilities
$1.4MNet Assets
  • The organization reported a deficit of $147K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

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?

Warren H Timmerman Charitable Trust (EIN: 207098728) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $65K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Warren H Timmerman Charitable Trust spend its money?

Warren H Timmerman Charitable Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

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.

How does Warren H Timmerman Charitable Trust compare to similar nonprofits?

With a transparency score of 70/100 (Good), Warren H Timmerman Charitable Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Warren H Timmerman Charitable Trust located?

Warren H Timmerman Charitable Trust is headquartered in Carroll, Iowa and files with the IRS under EIN 207098728. It is classified under NTEE code T20.

How many years of IRS 990 filings does Warren H Timmerman Charitable Trust have?

Warren H Timmerman 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 $65K in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Warren H Timmerman Charitable Trust:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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