William O Emery Trust Uw 61 Fbo
William O Emery Trust consistently operates at a deficit, drawing from assets, with no officer compensation.
EIN: 16006981 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $265K |
| Total Expenses | $56K |
| Program Spending | 80% |
| Net Assets | $650K |
| Transparency Score | 65/100 |
Is William O Emery Trust Uw 61 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 61 Fbo directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William O Emery Trust Uw 61 Fbo
William O Emery Trust Uw 61 Fbo (EIN: 16006981) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $265K and total assets of $694K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William O Emery Trust Uw 61 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 61 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 -2.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $56K |
| Surplus / Deficit | $-17,762 |
| Total Assets | $650K |
| Total Liabilities | $1 |
| Net Assets | $650K |
| Operating Margin | -46.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 139.4 months |
Financial Health Grade: B
In 2024, William O Emery Trust Uw 61 Fbo reported a deficit of $18K with expenses exceeding revenue, holds 139.4 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 61 Fbo's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -62.3% | -25.0% | -2.6% |
| 2023 | +215.6% | +81.3% | +4.2% |
| 2022 | -28.5% | -8.6% | -1.4% |
| 2021 | +28.1% | +41.0% | +-0.0% |
| 2020 | -10.9% | -43.7% | +0.5% |
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 61 Fbo with a Mission Score of 65 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, William O Emery Trust Uw 61 Fbo allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $18K, 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 portion of its expenses goes towards executive salaries, which is highly favorable for a nonprofit of its size.
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 61 Fbo's IRS 990 filings:
- Consistent operating deficits (expenses frequently exceed revenue)
- Unknown NTEE code, limiting understanding of programmatic focus
- Lack of detailed program spending information
Strengths
The following positive indicators were identified for William O Emery Trust Uw 61 Fbo:
- Zero officer compensation reported across all filings
- Stable asset base over time (around $650,000 - $690,000)
- Minimal liabilities ($0 or $1) indicating good debt management
Frequently Asked Questions about William O Emery Trust Uw 61 Fbo
Is William O Emery Trust Uw 61 Fbo a legitimate charity?
William O Emery Trust Uw 61 Fbo (EIN: 16006981) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $265K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does William O Emery Trust Uw 61 Fbo spend its money?
William O Emery Trust Uw 61 Fbo directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to William O Emery Trust Uw 61 Fbo tax-deductible?
William O Emery Trust Uw 61 Fbo is registered as a tax-exempt nonprofit (EIN: 16006981). 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 61 Fbo located?
William O Emery Trust Uw 61 Fbo is headquartered in Portland, Maine and files with the IRS under EIN 16006981.
How many years of IRS 990 filings does William O Emery Trust Uw 61 Fbo have?
William O Emery Trust Uw 61 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 $265K in total revenue.
What is the specific mission or programmatic focus of the William O Emery Trust?
The NTEE code is unknown, and without further information on its activities, the specific mission or programmatic focus of the trust cannot be determined from the provided IRS 990 data.
How does the trust cover its consistent operating deficits?
The trust appears to cover its operating deficits by drawing from its asset base, as evidenced by expenses frequently exceeding revenue while assets remain relatively stable or slightly decline in some periods.
Are there any plans to increase revenue to match or exceed expenses?
The provided data does not include information on future financial planning or strategies to increase revenue. The trust's revenue has fluctuated significantly, suggesting an inconsistent income stream.
Filing History
IRS 990 filing history for William O Emery Trust Uw 61 Fbo showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), William O Emery Trust Uw 61 Fbo's revenue has declined by 21.3%, moving from $49K to $38K. Total assets increased by 3.2% over the same period, from $630K to $650K. Total functional expenses rose by 38.8%, from $40K to $56K. In its most recent filing year (2024), William O Emery Trust Uw 61 Fbo reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $650K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $650K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $38K | $56K | $650K | $1 | — | View 990 |
| 2023 | $101K | $75K | $667K | $1 | — | — |
| 2022 | $32K | $41K | $641K | $1 | — | View 990 |
| 2021 | $45K | $45K | $650K | $1 | — | — |
| 2020 | $35K | $32K | $650K | $1 | — | — |
| 2019 | $39K | $57K | $646K | $0 | — | View 990 |
| 2016 | $17K | $29K | $672K | $0 | — | View 990 |
| 2015 | $105K | $31K | $684K | $0 | — | View 990 |
| 2014 | $30K | $47K | $610K | $0 | — | View 990 |
| 2013 | $33K | $36K | $627K | $0 | — | View 990 |
| 2012 | $49K | $40K | $630K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $38K, expenses of $56K, and assets of $650K (revenue -62.3% year-over-year).
- 2023: Revenue of $101K, expenses of $75K, and assets of $667K (revenue +215.6% year-over-year).
- 2022: Revenue of $32K, expenses of $41K, and assets of $641K (revenue -28.5% year-over-year).
- 2021: Revenue of $45K, expenses of $45K, and assets of $650K (revenue +28.1% year-over-year).
- 2020: Revenue of $35K, expenses of $32K, and assets of $650K (revenue -10.9% year-over-year).
- 2019: Revenue of $39K, expenses of $57K, and assets of $646K (revenue +130.2% year-over-year).
- 2016: Revenue of $17K, expenses of $29K, and assets of $672K (revenue -83.6% year-over-year).
- 2015: Revenue of $105K, expenses of $31K, and assets of $684K (revenue +248.2% year-over-year).
- 2014: Revenue of $30K, expenses of $47K, and assets of $610K (revenue -7.9% year-over-year).
- 2013: Revenue of $33K, expenses of $36K, and assets of $627K (revenue -32.9% year-over-year).
- 2012: Revenue of $49K, expenses of $40K, and assets of $630K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William O Emery Trust Uw 61 Fbo:
Data Sources and Methodology
This transparency report for William O Emery Trust Uw 61 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.