William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru
Small trust maintains low expenses and stable assets with zero officer compensation.
EIN: 16010174 · Belfast, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $865 |
| Program Spending | 90% |
| Net Assets | $48K |
| Transparency Score | 85/100 |
Is William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru (EIN: 16010174) is a nonprofit organization based in Belfast, ME. The organization reported total revenue of $51K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru is a micro nonprofit that has been operating for 56 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $865 |
| Surplus / Deficit | +$19K |
| Total Assets | $48K |
| Total Liabilities | $1 |
| Net Assets | $48K |
| Operating Margin | 95.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 660.3 months |
Financial Health Grade: A
In 2024, William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru reported a surplus of $19K with revenue exceeding expenses, holds 660.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2766.1% | +151.5% | +64.1% |
| 2023 | -11.2% | -3.9% | +1.2% |
| 2022 | +14.7% | +15.5% | +1.4% |
| 2021 | -27.3% | -66.1% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
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 H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru 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 H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-run organization or one with no paid officers, which contributes significantly to its low operating expenses.
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 H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of specific mission and activities.
- Very small scale of operations, potentially limiting broader impact.
Strengths
The following positive indicators were identified for William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru:
- Extremely low operating expenses relative to revenue (e.g., $865 expenses on $19,461 revenue in 202404).
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Stable and growing asset base, from $27,668 in 201204 to $53,178 currently.
- Minimal liabilities reported across all filings ($0 or $1).
Frequently Asked Questions about William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru
Is William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru a legitimate charity?
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru (EIN: 16010174) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $51K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru spend its money?
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru tax-deductible?
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru is registered as a tax-exempt nonprofit (EIN: 16010174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru located?
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru is headquartered in Belfast, Maine and files with the IRS under EIN 16010174.
How many years of IRS 990 filings does William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru have?
William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru has 11 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 $51K in total revenue.
Is William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru a good charity?
Based on the available financial data, the organization demonstrates strong financial efficiency with very low expenses relative to revenue (e.g., $865 expenses on $19,461 revenue in 202404) and zero officer compensation. Its assets have also grown over time. However, its impact is likely very small given its limited financial scale.
What is the primary purpose of this organization?
The name 'William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru' suggests its purpose is to benefit the Belfast Home For Aged Women Depositors. However, without an NTEE code or program details, the specific activities are not clear from the financial data alone.
How does its spending efficiency compare to other nonprofits?
With expenses often less than 5% of revenue (e.g., $865 expenses on $19,461 revenue in 202404), and zero officer compensation, this organization exhibits exceptionally high spending efficiency compared to most nonprofits, which typically have higher administrative and fundraising costs.
Has the organization's financial health improved over time?
Yes, the organization's assets have grown from $27,668 in 201204 to $53,178 currently, and its revenue in the latest period ($50,832) is significantly higher than most previous years, indicating an improvement in financial health and capacity.
Filing History
IRS 990 filing history for William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru's revenue has grown by 405.7%, moving from $4K to $19K. Total assets increased by 68.5% over the same period, from $28K to $48K. Total functional expenses fell by 62.3%, from $2K to $865. In its most recent filing year (2024), William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru reported a surplus of $19K, with revenue exceeding expenses. The organization holds $1 in liabilities against $48K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $19K | $865 | $48K | $1 | — | — |
| 2023 | $679 | $344 | $29K | $1 | — | View 990 |
| 2022 | $765 | $358 | $29K | $1 | — | — |
| 2021 | $667 | $310 | $28K | $1 | — | — |
| 2020 | $917 | $914 | $28K | $1 | — | View 990 |
| 2016 | $-1,806 | $265 | $29K | $1 | — | View 990 |
| 2015 | $780 | $350 | $31K | $1 | — | View 990 |
| 2014 | $640 | $327 | $31K | $1 | — | View 990 |
| 2013 | $3K | $504 | $30K | $0 | — | View 990 |
| 2012 | $741 | $1K | $28K | $0 | — | View 990 |
| 2011 | $4K | $2K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $19K, expenses of $865, and assets of $48K (revenue +2766.1% year-over-year).
- 2023: Revenue of $679, expenses of $344, and assets of $29K (revenue -11.2% year-over-year).
- 2022: Revenue of $765, expenses of $358, and assets of $29K (revenue +14.7% year-over-year).
- 2021: Revenue of $667, expenses of $310, and assets of $28K (revenue -27.3% year-over-year).
- 2020: Revenue of $917, expenses of $914, and assets of $28K.
- 2016: Revenue of $-1,806, expenses of $265, and assets of $29K (revenue -331.5% year-over-year).
- 2015: Revenue of $780, expenses of $350, and assets of $31K (revenue +21.9% year-over-year).
- 2014: Revenue of $640, expenses of $327, and assets of $31K (revenue -79.1% year-over-year).
- 2013: Revenue of $3K, expenses of $504, and assets of $30K (revenue +312.8% year-over-year).
- 2012: Revenue of $741, expenses of $1K, and assets of $28K (revenue -80.7% year-over-year).
- 2011: Revenue of $4K, expenses of $2K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru:
Data Sources and Methodology
This transparency report for William H Bray Trust Fbo Belfast Home For Aged Women Depositors Tru 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.