Wright Tavern Legacy Trust
EIN: 873687449 · Concord, MA · NTEE: X11
About Wright Tavern Legacy Trust
Wright Tavern Legacy Trust (EIN: 873687449) is a nonprofit organization based in Concord, MA, classified under NTEE code X11. The organization reported total revenue of $238K and total assets of $956K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wright Tavern Legacy Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Wright Tavern Legacy Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wright Tavern Legacy Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Wright Tavern Legacy Trust showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Wright Tavern Legacy Trust's revenue has grown by 404.3%, moving from $95K to $479K. Total assets increased by 9977.3% over the same period, from $11K to $1.1M. Total functional expenses fell by 33.8%, from $84K to $55K. In its most recent filing year (2023), Wright Tavern Legacy Trust reported a surplus of $423K, with revenue exceeding expenses. The organization holds $611K in liabilities against $1.1M in assets (debt-to-asset ratio: 54.4%), resulting in net assets of $513K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $479K | $55K | $1.1M | $611K | — | View 990 |
| 2022 | $95K | $84K | $11K | $53K | — | View 990 |
Data Sources and Methodology
This transparency report for Wright Tavern Legacy 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.