William O Emery Trust Uw 60 Fbo
William O Emery Trust maintains stable assets with fluctuating revenue and no officer compensation.
EIN: 16006980 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $207K |
| Total Expenses | $48K |
| Program Spending | 85% |
| Net Assets | $528K |
| Transparency Score | 75/100 |
Is William O Emery Trust Uw 60 Fbo Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William O Emery Trust Uw 60 Fbo directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William O Emery Trust Uw 60 Fbo
William O Emery Trust Uw 60 Fbo (EIN: 16006980) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $207K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William O Emery Trust Uw 60 Fbo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William O Emery Trust Uw 60 Fbo is a small nonprofit, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $48K |
| Surplus / Deficit | $-15,600 |
| Total Assets | $528K |
| Total Liabilities | $1 |
| Net Assets | $528K |
| Operating Margin | -48.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 132.2 months |
Financial Health Grade: B
In 2024, William O Emery Trust Uw 60 Fbo reported a deficit of $16K with expenses exceeding revenue, holds 132.2 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 (2012–2024), William O Emery Trust Uw 60 Fbo's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -58.1% | +3.4% | -2.7% |
| 2023 | +159.0% | +11.4% | +6.0% |
| 2022 | -34.9% | +13.2% | -2.3% |
| 2021 | +63.0% | +3.5% | +1.8% |
| 2020 | -23.3% | +1.8% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 O Emery Trust Uw 60 Fbo with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, William O Emery Trust Uw 60 Fbo allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executives or officers are paid, which is highly favorable for resource allocation.
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 O Emery Trust Uw 60 Fbo's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to categorize the organization's primary activities and compare its efficiency against peers.
- Occasional Expense Exceeds Revenue: In periods like 2024 ($47,869 expenses vs. $32,269 revenue), expenses exceeded revenue, which, if persistent without a clear strategy, could be a concern, though assets remain stable.
Strengths
The following positive indicators were identified for William O Emery Trust Uw 60 Fbo:
- Zero Officer Compensation: Consistently reports 0% officer compensation, indicating efficient use of funds not diverted to executive salaries.
- Strong Asset Base: Maintains a stable asset base of over $500,000, demonstrating financial resilience.
- Minimal Liabilities: Consistently reports liabilities of $0 or $1, indicating excellent financial solvency and low debt.
- Consistent Filing History: A long history of 11 IRS 990 filings demonstrates commitment to transparency and compliance.
Frequently Asked Questions about William O Emery Trust Uw 60 Fbo
Is William O Emery Trust Uw 60 Fbo a legitimate charity?
William O Emery Trust Uw 60 Fbo (EIN: 16006980) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $207K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does William O Emery Trust Uw 60 Fbo spend its money?
William O Emery Trust Uw 60 Fbo directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to William O Emery Trust Uw 60 Fbo tax-deductible?
William O Emery Trust Uw 60 Fbo is registered as a tax-exempt nonprofit (EIN: 16006980). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is William O Emery Trust Uw 60 Fbo located?
William O Emery Trust Uw 60 Fbo is headquartered in Portland, Maine and files with the IRS under EIN 16006980.
How many years of IRS 990 filings does William O Emery Trust Uw 60 Fbo have?
William O Emery Trust Uw 60 Fbo 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 $207K in total revenue.
What is the specific mission or purpose of the William O Emery Trust Uw 60 Fbo?
The provided IRS 990 data does not specify the NTEE code or a detailed mission statement, making it difficult to ascertain the exact charitable purpose of the trust. Further investigation into the trust's governing documents would be necessary.
How does the trust manage to operate with 0% officer compensation?
The trust likely operates with volunteer leadership or utilizes external, non-officer compensated services for its administration, allowing all reported expenses to be allocated to other operational or programmatic costs.
Are the years where expenses exceed revenue a concern for the trust's long-term viability?
While expenses exceeded revenue in several periods (e.g., 2024, 2022, 2020), the trust's assets have remained remarkably stable, fluctuating between $488,568 and $551,112. This suggests that the trust is either drawing from accumulated income or principal as intended by its trust documents, or that these deficits are minor enough not to significantly impact its long-term financial health.
Filing History
IRS 990 filing history for William O Emery Trust Uw 60 Fbo showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), William O Emery Trust Uw 60 Fbo's revenue has grown by 195%, moving from $11K to $32K. Total assets increased by 6.5% over the same period, from $495K to $528K. Total functional expenses rose by 135.8%, from $20K to $48K. In its most recent filing year (2024), William O Emery Trust Uw 60 Fbo reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $528K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $528K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $32K | $48K | $528K | $1 | — | View 990 |
| 2023 | $77K | $46K | $542K | $1 | — | View 990 |
| 2022 | $30K | $42K | $511K | $1 | — | View 990 |
| 2021 | $46K | $37K | $523K | $1 | — | View 990 |
| 2020 | $28K | $35K | $514K | $1 | — | View 990 |
| 2019 | $37K | $35K | $521K | $0 | — | View 990 |
| 2016 | $13K | $33K | $520K | $0 | — | View 990 |
| 2015 | $82K | $31K | $540K | $0 | — | View 990 |
| 2014 | $23K | $28K | $489K | $0 | — | View 990 |
| 2013 | $25K | $26K | $494K | $0 | — | View 990 |
| 2012 | $11K | $20K | $495K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $32K, expenses of $48K, and assets of $528K (revenue -58.1% year-over-year).
- 2023: Revenue of $77K, expenses of $46K, and assets of $542K (revenue +159.0% year-over-year).
- 2022: Revenue of $30K, expenses of $42K, and assets of $511K (revenue -34.9% year-over-year).
- 2021: Revenue of $46K, expenses of $37K, and assets of $523K (revenue +63.0% year-over-year).
- 2020: Revenue of $28K, expenses of $35K, and assets of $514K (revenue -23.3% year-over-year).
- 2019: Revenue of $37K, expenses of $35K, and assets of $521K (revenue +175.7% year-over-year).
- 2016: Revenue of $13K, expenses of $33K, and assets of $520K (revenue -83.8% year-over-year).
- 2015: Revenue of $82K, expenses of $31K, and assets of $540K (revenue +261.7% year-over-year).
- 2014: Revenue of $23K, expenses of $28K, and assets of $489K (revenue -10.5% year-over-year).
- 2013: Revenue of $25K, expenses of $26K, and assets of $494K (revenue +130.6% year-over-year).
- 2012: Revenue of $11K, expenses of $20K, and assets of $495K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William O Emery Trust Uw 60 Fbo:
Data Sources and Methodology
This transparency report for William O Emery Trust Uw 60 Fbo 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.