Weaver Parrish Charitable Trust
Weaver Parrish Charitable Trust consistently spends more than its annual revenue, drawing on its substantial asset base.
EIN: 205435778 · Selma, AL · NTEE: T90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $278K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.3M |
| Transparency Score | 85/100 |
Is Weaver Parrish Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weaver Parrish Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Weaver Parrish Charitable Trust
Weaver Parrish Charitable Trust (EIN: 205435778) is a nonprofit organization based in Selma, AL, classified under NTEE code T90. The organization reported total revenue of $1.5M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weaver Parrish Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weaver Parrish Charitable Trust is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $278K |
| Surplus / Deficit | $-123,164 |
| Total Assets | $4.3M |
| Net Assets | $4.3M |
| Operating Margin | -79.6% |
| Months of Reserves | 184.6 months |
Financial Health Grade: B
In 2023, Weaver Parrish Charitable Trust reported a deficit of $123K with expenses exceeding revenue, holds 184.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Weaver Parrish Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | -6.0% | -2.8% |
| 2022 | -43.7% | +6.6% | -2.9% |
| 2021 | +13.8% | +4.4% | +0.3% |
| 2020 | +61.7% | -3.1% | -0.2% |
| 2019 | -37.3% | -2.9% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2008 |
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 Weaver Parrish Charitable Trust with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Weaver Parrish 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:
- The organization reported a deficit of $123K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization does not pay its officers, which is highly efficient for a trust of its size with assets exceeding $4 million.
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 Weaver Parrish Charitable Trust's IRS 990 filings:
- Consistent annual expenses exceeding revenue, indicating reliance on asset drawdowns rather than sustainable operating income.
Strengths
The following positive indicators were identified for Weaver Parrish Charitable Trust:
- Strong asset base, consistently over $4 million, providing long-term stability.
- Zero reported officer compensation, indicating highly efficient administrative spending.
- No reported liabilities across all filing periods, demonstrating excellent financial health.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Weaver Parrish Charitable Trust
Is Weaver Parrish Charitable Trust a legitimate charity?
Weaver Parrish Charitable Trust (EIN: 205435778) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Weaver Parrish Charitable Trust spend its money?
Weaver Parrish Charitable Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Weaver Parrish Charitable Trust tax-deductible?
Weaver Parrish Charitable Trust is registered as a tax-exempt nonprofit (EIN: 205435778). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Weaver Parrish Charitable Trust CEO make?
Weaver Parrish Charitable Trust's highest-compensated officer earns $4 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Weaver Parrish Charitable Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Weaver Parrish Charitable Trust is above average for NTEE category T90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Weaver Parrish Charitable Trust located?
Weaver Parrish Charitable Trust is headquartered in Selma, Alabama and files with the IRS under EIN 205435778. It is classified under NTEE code T90.
How many years of IRS 990 filings does Weaver Parrish Charitable Trust have?
Weaver Parrish Charitable Trust has 13 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 $1.5M in total revenue.
How does Weaver Parrish Charitable Trust sustain its operations given consistent revenue deficits?
The trust sustains its operations by utilizing its substantial asset base, which has consistently been over $4 million, to cover expenses that frequently exceed annual revenues. This suggests a strategy of distributing from its endowment or accumulated funds.
What are the primary program areas supported by the Weaver Parrish Charitable Trust?
Based on the NTEE code T90 (Foundations, Philanthropy & Grantmaking), the trust primarily functions as a grantmaking entity, supporting other charitable organizations rather than directly operating programs. Specific beneficiaries are not detailed in the provided summary.
Is the Weaver Parrish Charitable Trust transparent about its financial activities?
The consistent filing of IRS Form 990s over 13 periods, with clear reporting of revenues, expenses, assets, and liabilities, indicates a good level of financial transparency for a private trust.
Filing History
IRS 990 filing history for Weaver Parrish Charitable Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Weaver Parrish Charitable Trust's revenue has declined by 48.2%, moving from $299K to $155K. Total assets decreased by 7.3% over the same period, from $4.6M to $4.3M. Total functional expenses rose by 7.3%, from $259K to $278K. In its most recent filing year (2023), Weaver Parrish Charitable Trust reported a deficit of $123K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $278K | $4.3M | $0 | — | — |
| 2022 | $163K | $296K | $4.4M | $0 | — | View 990 |
| 2021 | $290K | $277K | $4.5M | $0 | — | View 990 |
| 2020 | $255K | $266K | $4.5M | $0 | — | — |
| 2019 | $158K | $274K | $4.5M | $0 | — | View 990 |
| 2018 | $251K | $282K | $4.6M | $0 | — | View 990 |
| 2017 | $282K | $298K | $4.7M | $0 | — | View 990 |
| 2016 | $317K | $280K | $4.7M | $0 | — | View 990 |
| 2015 | $263K | $293K | $4.7M | $0 | — | View 990 |
| 2014 | $285K | $303K | $4.7M | $0 | — | View 990 |
| 2013 | $338K | $276K | $4.7M | $0 | — | View 990 |
| 2012 | $309K | $278K | $4.6M | $0 | — | View 990 |
| 2011 | $299K | $259K | $4.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $278K, and assets of $4.3M (revenue -5.1% year-over-year).
- 2022: Revenue of $163K, expenses of $296K, and assets of $4.4M (revenue -43.7% year-over-year).
- 2021: Revenue of $290K, expenses of $277K, and assets of $4.5M (revenue +13.8% year-over-year).
- 2020: Revenue of $255K, expenses of $266K, and assets of $4.5M (revenue +61.7% year-over-year).
- 2019: Revenue of $158K, expenses of $274K, and assets of $4.5M (revenue -37.3% year-over-year).
- 2018: Revenue of $251K, expenses of $282K, and assets of $4.6M (revenue -10.9% year-over-year).
- 2017: Revenue of $282K, expenses of $298K, and assets of $4.7M (revenue -10.9% year-over-year).
- 2016: Revenue of $317K, expenses of $280K, and assets of $4.7M (revenue +20.7% year-over-year).
- 2015: Revenue of $263K, expenses of $293K, and assets of $4.7M (revenue -8.0% year-over-year).
- 2014: Revenue of $285K, expenses of $303K, and assets of $4.7M (revenue -15.5% year-over-year).
- 2013: Revenue of $338K, expenses of $276K, and assets of $4.7M (revenue +9.2% year-over-year).
- 2012: Revenue of $309K, expenses of $278K, and assets of $4.6M (revenue +3.5% year-over-year).
- 2011: Revenue of $299K, expenses of $259K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weaver Parrish Charitable Trust:
Data Sources and Methodology
This transparency report for Weaver Parrish 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.