Washington University Rmsa Plan University Contribution Tr
Washington University Rmsa Plan University Contribution Tr maintains substantial assets with no reported liabilities and zero officer compensation.
EIN: 205658480 · Charlotte, NC · NTEE: Y43 · Updated: 2026-03-28
Is Washington University Rmsa Plan University Contribution Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washington University Rmsa Plan University Contribution Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washington University Rmsa Plan University Contribution Tr
Washington University Rmsa Plan University Contribution Tr (EIN: 205658480) is a nonprofit organization based in Charlotte, NC, classified under NTEE code Y43. The organization reported total revenue of $2.4M and total assets of $17.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington University Rmsa Plan University Contribution Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington University Rmsa Plan University Contribution Tr is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $524K |
| Surplus / Deficit | $-135,078 |
| Total Assets | $15.9M |
| Net Assets | $15.9M |
| Operating Margin | -34.8% |
| Months of Reserves | 365.4 months |
Financial Health Grade: B
In 2023, Washington University Rmsa Plan University Contribution Tr reported a deficit of $135K with expenses exceeding revenue, holds 365.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Washington University Rmsa Plan University Contribution Tr's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.8% | +20.3% | +14.0% |
| 2022 | -54.1% | +1.0% | -19.2% |
| 2021 | -5.8% | +36.8% | +8.7% |
| 2020 | +191.9% | -19.3% | +13.2% |
| 2019 | -46.8% | +13.9% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Washington University Rmsa Plan University Contribution Tr with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Washington University Rmsa Plan University Contribution Tr allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $135K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual and suggests either volunteer leadership or compensation being handled by an affiliated entity.
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 Washington University Rmsa Plan University Contribution Tr's IRS 990 filings:
- Lack of detailed program expense breakdown in summary data
- Expenses exceeded revenue in the most recent filing (2023)
Strengths
The following positive indicators were identified for Washington University Rmsa Plan University Contribution Tr:
- Zero reported liabilities across all filings
- Consistent and substantial asset base ($17,411,180 latest)
- 0% officer compensation, indicating high efficiency or external support
- Strong financial stability over a decade
- High program spending ratio (100% based on available data)
Frequently Asked Questions about Washington University Rmsa Plan University Contribution Tr
Is Washington University Rmsa Plan University Contribution Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington University Rmsa Plan University Contribution Tr (EIN: 205658480) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Washington University Rmsa Plan University Contribution Tr spend its money?
Washington University Rmsa Plan University Contribution Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Washington University Rmsa Plan University Contribution Tr tax-deductible?
Washington University Rmsa Plan University Contribution Tr is registered as a tax-exempt nonprofit (EIN: 205658480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Washington University Rmsa Plan University Contribution Tr a good charity?
Based on the available financial data, the organization demonstrates strong financial health with substantial assets, no liabilities, and a remarkable 0% officer compensation, suggesting high efficiency and program focus. However, without detailed program expense breakdowns, it's difficult to fully assess the direct impact of its 'programs'.
What is the purpose of the 'RMSA Plan' and how does it relate to 'University Contribution Tr'?
The NTEE code Y43 (Employee Benefits) suggests the organization is involved in providing employee benefits. The name 'RMSA Plan University Contribution Tr' likely indicates it's a trust fund for retirement or medical savings accounts (RMSA) to which the university contributes. Further details would require reviewing the full 990 forms or organizational documents.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership is either entirely volunteer-based or that compensation for its officers is paid by an affiliated entity (e.g., Washington University itself) and not directly by this specific trust. This structure significantly reduces administrative overhead.
Why did expenses exceed revenue in 2023?
In 2023, the organization reported revenue of $388,517 and expenses of $523,595. This indicates a year where expenditures outpaced income, potentially due to investment losses, increased benefit payouts, or a temporary dip in contributions. Despite this, the organization's substantial asset base of $15,943,834 ensures its financial stability.
Filing History
IRS 990 filing history for Washington University Rmsa Plan University Contribution Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Washington University Rmsa Plan University Contribution Tr's revenue has declined by 73.1%, moving from $1.4M to $389K. Total assets increased by 174.9% over the same period, from $5.8M to $15.9M. Total functional expenses rose by 1736.8%, from $29K to $524K. In its most recent filing year (2023), Washington University Rmsa Plan University Contribution Tr reported a deficit of $135K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $524K | $15.9M | $0 | — | — |
| 2022 | $645K | $435K | $14.0M | $0 | — | View 990 |
| 2021 | $1.4M | $431K | $17.3M | $0 | — | View 990 |
| 2020 | $1.5M | $315K | $15.9M | $0 | — | View 990 |
| 2019 | $511K | $390K | $14.1M | $0 | — | View 990 |
| 2018 | $960K | $343K | $12.1M | $0 | — | View 990 |
| 2017 | $616K | $300K | $13.1M | $0 | — | View 990 |
| 2016 | $430K | $279K | $11.6M | $0 | — | View 990 |
| 2015 | $579K | $192K | $11.2M | $0 | — | View 990 |
| 2014 | $651K | $106K | $11.4M | $0 | — | View 990 |
| 2013 | $2.0M | $68K | $10.9M | $0 | — | View 990 |
| 2012 | $1.6M | $45K | $8.0M | $0 | — | View 990 |
| 2011 | $1.4M | $29K | $5.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $524K, and assets of $15.9M (revenue -39.8% year-over-year).
- 2022: Revenue of $645K, expenses of $435K, and assets of $14.0M (revenue -54.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $431K, and assets of $17.3M (revenue -5.8% year-over-year).
- 2020: Revenue of $1.5M, expenses of $315K, and assets of $15.9M (revenue +191.9% year-over-year).
- 2019: Revenue of $511K, expenses of $390K, and assets of $14.1M (revenue -46.8% year-over-year).
- 2018: Revenue of $960K, expenses of $343K, and assets of $12.1M (revenue +55.9% year-over-year).
- 2017: Revenue of $616K, expenses of $300K, and assets of $13.1M (revenue +43.2% year-over-year).
- 2016: Revenue of $430K, expenses of $279K, and assets of $11.6M (revenue -25.8% year-over-year).
- 2015: Revenue of $579K, expenses of $192K, and assets of $11.2M (revenue -10.9% year-over-year).
- 2014: Revenue of $651K, expenses of $106K, and assets of $11.4M (revenue -66.7% year-over-year).
- 2013: Revenue of $2.0M, expenses of $68K, and assets of $10.9M (revenue +18.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $45K, and assets of $8.0M (revenue +14.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $29K, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington University Rmsa Plan University Contribution Tr:
Data Sources and Methodology
This transparency report for Washington University Rmsa Plan University Contribution Tr 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.