Winfield W Scott Charitable Trust
Winfield W Scott Charitable Trust maintains strong asset base but shows recent trend of expenses exceeding revenue.
EIN: 166260266 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $588K |
| Program Spending | 90% |
| Net Assets | $9.4M |
| Transparency Score | 85/100 |
Is Winfield W Scott Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winfield W Scott Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winfield W Scott Charitable Trust
Winfield W Scott Charitable Trust (EIN: 166260266) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $2.2M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winfield W Scott Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winfield W Scott Charitable Trust is a mid-size nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $406K |
| Total Expenses | $588K |
| Surplus / Deficit | $-181,711 |
| Total Assets | $9.4M |
| Total Liabilities | $1 |
| Net Assets | $9.4M |
| Operating Margin | -44.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 192.7 months |
Financial Health Grade: B
In 2023, Winfield W Scott Charitable Trust reported a deficit of $182K with expenses exceeding revenue, holds 192.7 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), Winfield W Scott Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.5% | -0.4% | -1.9% |
| 2022 | -33.3% | +10.9% | -1.0% |
| 2021 | +69.2% | +0.8% | +2.2% |
| 2020 | -34.7% | -2.7% | -1.0% |
| 2019 | +35.4% | +35.9% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Winfield W Scott Charitable Trust 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, Winfield W Scott Charitable Trust 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 $182K, 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 its leadership is either unpaid or volunteer-based, which is highly favorable for resource allocation directly to its mission.
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 Winfield W Scott Charitable Trust's IRS 990 filings:
- Expenses exceeding revenue in the last two reporting periods (2023 and 2022)
- Lack of detailed spending breakdown beyond officer compensation in provided data
Strengths
The following positive indicators were identified for Winfield W Scott Charitable Trust:
- Consistently reports 0% officer compensation, indicating efficient use of funds for mission
- Strong and stable asset base, consistently over $9 million, providing long-term financial security
- Minimal liabilities reported across all filing periods
- Long history of IRS 990 filings, indicating consistent compliance and transparency
Frequently Asked Questions about Winfield W Scott Charitable Trust
Is Winfield W Scott Charitable Trust a legitimate charity?
Winfield W Scott Charitable Trust (EIN: 166260266) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Winfield W Scott Charitable Trust spend its money?
Winfield W Scott Charitable Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Winfield W Scott Charitable Trust tax-deductible?
Winfield W Scott Charitable Trust is registered as a tax-exempt nonprofit (EIN: 166260266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Winfield W Scott Charitable Trust located?
Winfield W Scott Charitable Trust is headquartered in Chicago, Illinois and files with the IRS under EIN 166260266.
How many years of IRS 990 filings does Winfield W Scott Charitable Trust have?
Winfield W Scott Charitable Trust 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 $2.2M in total revenue.
What is the specific mission and program focus of the Winfield W Scott Charitable Trust?
Based on the provided data, the NTEE code is unknown, and specific program details are not available. Further investigation into their public filings or website would be needed to understand their precise mission and programmatic activities.
Why have expenses exceeded revenue in the last two reporting periods?
In 2023, expenses were $587,916 against revenue of $406,205, and in 2022, expenses were $590,386 against revenue of $492,668. This could be due to market fluctuations impacting investment income (a common revenue source for trusts) or a strategic decision to increase grantmaking or operational spending, drawing from the substantial asset base.
How does the trust manage its significant asset base?
With assets consistently over $9 million, the trust likely employs professional investment management. The stability of the asset base suggests prudent financial stewardship, despite recent revenue fluctuations.
Filing History
IRS 990 filing history for Winfield W Scott Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Winfield W Scott Charitable Trust's revenue has declined by 47.3%, moving from $771K to $406K. Total assets increased by 7.3% over the same period, from $8.8M to $9.4M. Total functional expenses rose by 122.5%, from $264K to $588K. In its most recent filing year (2023), Winfield W Scott Charitable Trust reported a deficit of $182K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $406K | $588K | $9.4M | $1 | — | View 990 |
| 2022 | $493K | $590K | $9.6M | $1 | — | View 990 |
| 2021 | $738K | $532K | $9.7M | $1 | — | View 990 |
| 2020 | $436K | $528K | $9.5M | $1 | — | View 990 |
| 2019 | $669K | $543K | $9.6M | $0 | — | View 990 |
| 2015 | $494K | $399K | $9.4M | $0 | — | View 990 |
| 2014 | $523K | $321K | $9.3M | $0 | — | View 990 |
| 2013 | $583K | $247K | $9.1M | $0 | — | View 990 |
| 2012 | $184K | $260K | $8.7M | $0 | — | View 990 |
| 2011 | $771K | $264K | $8.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $406K, expenses of $588K, and assets of $9.4M (revenue -17.5% year-over-year).
- 2022: Revenue of $493K, expenses of $590K, and assets of $9.6M (revenue -33.3% year-over-year).
- 2021: Revenue of $738K, expenses of $532K, and assets of $9.7M (revenue +69.2% year-over-year).
- 2020: Revenue of $436K, expenses of $528K, and assets of $9.5M (revenue -34.7% year-over-year).
- 2019: Revenue of $669K, expenses of $543K, and assets of $9.6M (revenue +35.4% year-over-year).
- 2015: Revenue of $494K, expenses of $399K, and assets of $9.4M (revenue -5.5% year-over-year).
- 2014: Revenue of $523K, expenses of $321K, and assets of $9.3M (revenue -10.4% year-over-year).
- 2013: Revenue of $583K, expenses of $247K, and assets of $9.1M (revenue +217.7% year-over-year).
- 2012: Revenue of $184K, expenses of $260K, and assets of $8.7M (revenue -76.2% year-over-year).
- 2011: Revenue of $771K, expenses of $264K, and assets of $8.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winfield W Scott Charitable Trust:
Data Sources and Methodology
This transparency report for Winfield W Scott Charitable Trust 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.