Wilborn C Vaughn Charitable Remainder Unitrust
EIN: 306702130 · Pennington, NJ
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $336K |
| Net Assets | $7.7M |
Is Wilborn C Vaughn Charitable Remainder Unitrust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wilborn C Vaughn Charitable Remainder Unitrust
Wilborn C Vaughn Charitable Remainder Unitrust (EIN: 306702130) is a nonprofit organization based in Pennington, NJ. The organization reported total revenue of $2.4M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wilborn C Vaughn Charitable Remainder Unitrust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wilborn C Vaughn Charitable Remainder Unitrust is a mid-size nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -95.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $336K |
| Surplus / Deficit | $-263,673 |
| Total Assets | $7.7M |
| Total Liabilities | $1 |
| Net Assets | $7.7M |
| Operating Margin | -366.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 274.6 months |
Financial Health Grade: B
In 2023, Wilborn C Vaughn Charitable Remainder Unitrust reported a deficit of $264K with expenses exceeding revenue, holds 274.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Wilborn C Vaughn Charitable Remainder Unitrust's revenue has declined at a compound annual growth rate (CAGR) of -95.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.8% | +21.6% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wilborn C Vaughn Charitable Remainder Unitrust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wilborn C Vaughn Charitable Remainder Unitrust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $264K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Wilborn C Vaughn Charitable Remainder Unitrust
Is Wilborn C Vaughn Charitable Remainder Unitrust a legitimate charity?
Wilborn C Vaughn Charitable Remainder Unitrust (EIN: 306702130) is a registered tax-exempt nonprofit based in New Jersey. It has 2 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: B.
How does Wilborn C Vaughn Charitable Remainder Unitrust spend its money?
Wilborn C Vaughn Charitable Remainder Unitrust reported $2.4M in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wilborn C Vaughn Charitable Remainder Unitrust tax-deductible?
Wilborn C Vaughn Charitable Remainder Unitrust is registered as a tax-exempt nonprofit (EIN: 306702130). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wilborn C Vaughn Charitable Remainder Unitrust located?
Wilborn C Vaughn Charitable Remainder Unitrust is headquartered in Pennington, New Jersey and files with the IRS under EIN 306702130.
How many years of IRS 990 filings does Wilborn C Vaughn Charitable Remainder Unitrust have?
Wilborn C Vaughn Charitable Remainder Unitrust has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.4M in total revenue.
Filing History
IRS 990 filing history for Wilborn C Vaughn Charitable Remainder Unitrust showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Wilborn C Vaughn Charitable Remainder Unitrust's revenue has declined by 95.8%, moving from $1.7M to $72K. Total assets decreased by 3.4% over the same period, from $7.9M to $7.7M. Total functional expenses rose by 21.6%, from $276K to $336K. In its most recent filing year (2023), Wilborn C Vaughn Charitable Remainder Unitrust reported a deficit of $264K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $336K | $7.7M | $1 | — | View 990 |
| 2022 | $1.7M | $276K | $7.9M | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wilborn C Vaughn Charitable Remainder Unitrust:
Data Sources and Methodology
This transparency report for Wilborn C Vaughn Charitable Remainder Unitrust 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.