William Edwin Montan Charitable Tr
William Edwin Montan Charitable Tr maintains multi-million dollar assets with zero officer compensation, operating as a grantmaking foundation.
EIN: 202128402 · New Orleans, LA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $493K |
| Program Spending | 90% |
| Net Assets | $7.6M |
| Transparency Score | 85/100 |
Is William Edwin Montan Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William Edwin Montan Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William Edwin Montan Charitable Tr
William Edwin Montan Charitable Tr (EIN: 202128402) is a nonprofit organization based in New Orleans, LA, classified under NTEE code T22. The organization reported total revenue of $3.0M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William Edwin Montan Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William Edwin Montan Charitable Tr is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $493K |
| Surplus / Deficit | $-180,114 |
| Total Assets | $7.6M |
| Total Liabilities | $1 |
| Net Assets | $7.6M |
| Operating Margin | -57.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 184.0 months |
Financial Health Grade: B
In 2023, William Edwin Montan Charitable Tr reported a deficit of $180K with expenses exceeding revenue, holds 184.0 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), William Edwin Montan Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -107.3% | -1.6% | -7.7% |
| 2021 | +1058.2% | +18.3% | +14.9% |
| 2020 | +68.4% | -2.0% | -4.1% |
| 2019 | -44.4% | +20.1% | +43.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 William Edwin Montan Charitable Tr 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, William Edwin Montan Charitable Tr 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 $180K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an external management entity, which is a positive sign for donor confidence regarding direct compensation overhead.
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 William Edwin Montan Charitable Tr's IRS 990 filings:
- Lack of detailed expense breakdown beyond total expenses, making it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for William Edwin Montan Charitable Tr:
- Consistent multi-million dollar asset base ($7,747,075 latest), indicating financial stability.
- Zero officer compensation reported across all filings, suggesting efficient use of funds and potentially volunteer leadership.
- Regular IRS 990 filings demonstrate good transparency.
- Stable liabilities, consistently reported as $0 or $1, indicating strong financial management.
- Clear focus as a grantmaking foundation (NTEE T22).
Frequently Asked Questions about William Edwin Montan Charitable Tr
Is William Edwin Montan Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, William Edwin Montan Charitable Tr (EIN: 202128402) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does William Edwin Montan Charitable Tr spend its money?
William Edwin Montan Charitable Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William Edwin Montan Charitable Tr tax-deductible?
William Edwin Montan Charitable Tr is registered as a tax-exempt nonprofit (EIN: 202128402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does William Edwin Montan Charitable Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), William Edwin Montan Charitable Tr is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is William Edwin Montan Charitable Tr located?
William Edwin Montan Charitable Tr is headquartered in New Orleans, Louisiana and files with the IRS under EIN 202128402. It is classified under NTEE code T22.
How many years of IRS 990 filings does William Edwin Montan Charitable Tr have?
William Edwin Montan Charitable Tr 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 $3.0M in total revenue.
Is William Edwin Montan Charitable Tr a good charity?
Based on the available data, the William Edwin Montan Charitable Tr appears to be a well-managed private foundation. It consistently holds significant assets ($7,747,075 latest) and reports zero officer compensation, suggesting efficient use of funds for its charitable purpose. Its primary function is likely grantmaking, which is typical for its NTEE code.
What is the primary purpose of this organization?
Given its NTEE code T22 (Private Grantmaking Foundations) and its financial patterns, the primary purpose of the William Edwin Montan Charitable Tr is likely to make grants to other organizations or individuals in line with its charitable mission, funded by its endowment.
How does the organization manage its expenses?
The organization consistently incurs expenses, ranging from $380,410 to $538,735 annually, which are likely related to its grantmaking activities and necessary administrative overhead. Without a detailed breakdown of these expenses, it's difficult to pinpoint specific management strategies, but the absence of officer compensation suggests a lean operational structure.
Filing History
IRS 990 filing history for William Edwin Montan Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William Edwin Montan Charitable Tr's revenue has declined by 72.8%, moving from $1.2M to $313K. Total assets increased by 24.4% over the same period, from $6.1M to $7.6M. Total functional expenses fell by 8.4%, from $539K to $493K. In its most recent filing year (2023), William Edwin Montan Charitable Tr reported a deficit of $180K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313K | $493K | $7.6M | $1 | — | — |
| 2022 | $-118,075 | $521K | $7.7M | $1 | — | View 990 |
| 2021 | $1.6M | $530K | $8.4M | $1 | — | — |
| 2020 | $139K | $448K | $7.3M | $1 | — | — |
| 2019 | $83K | $457K | $7.6M | $0 | — | View 990 |
| 2015 | $149K | $380K | $5.3M | $0 | — | View 990 |
| 2014 | $225K | $395K | $5.5M | $0 | — | View 990 |
| 2013 | $286K | $404K | $5.7M | $0 | — | View 990 |
| 2012 | $191K | $428K | $5.8M | $0 | — | View 990 |
| 2011 | $1.2M | $539K | $6.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313K, expenses of $493K, and assets of $7.6M.
- 2022: Revenue of $-118,075, expenses of $521K, and assets of $7.7M (revenue -107.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $530K, and assets of $8.4M (revenue +1058.2% year-over-year).
- 2020: Revenue of $139K, expenses of $448K, and assets of $7.3M (revenue +68.4% year-over-year).
- 2019: Revenue of $83K, expenses of $457K, and assets of $7.6M (revenue -44.4% year-over-year).
- 2015: Revenue of $149K, expenses of $380K, and assets of $5.3M (revenue -33.8% year-over-year).
- 2014: Revenue of $225K, expenses of $395K, and assets of $5.5M (revenue -21.4% year-over-year).
- 2013: Revenue of $286K, expenses of $404K, and assets of $5.7M (revenue +50.1% year-over-year).
- 2012: Revenue of $191K, expenses of $428K, and assets of $5.8M (revenue -83.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $539K, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William Edwin Montan Charitable Tr:
Data Sources and Methodology
This transparency report for William Edwin Montan Charitable 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.