Ymca Et Al Trust U/W Frank P Philips

Ymca Et Al Trust U/W Frank P Philips consistently grows assets with zero liabilities and no officer compensation.

EIN: 136637132 · Columbus, MS · NTEE: T90Z · Updated: 2026-03-28

$195KRevenue
$56KGross Revenue
$1.2MAssets
95/100Mission Score (Excellent)
T90Z
Ymca Et Al Trust U/W Frank P Philips Financial Summary
MetricValue
Total Revenue$195K
Total Expenses$33K
Program Spending90%
CEO/Top Officer Pay$1.1
Net Assets$1.2M
Transparency Score95/100

Is Ymca Et Al Trust U/W Frank P Philips Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Ymca Et Al Trust U/W Frank P Philips directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ymca Et Al Trust U/W Frank P Philips

Ymca Et Al Trust U/W Frank P Philips (EIN: 136637132) is a nonprofit organization based in Columbus, MS, classified under NTEE code T90Z. The organization reported total revenue of $195K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ymca Et Al Trust U/W Frank P Philips's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

55Years Operating
SmallSize Classification
9Years of Filings
MixedRevenue Trajectory

Ymca Et Al Trust U/W Frank P Philips is a small nonprofit that has been operating for 55 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 4.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$88K
Total Expenses$33K
Surplus / Deficit+$56K
Total Assets$1.2M
Net Assets$1.2M
Operating Margin63.0%
Months of Reserves426.2 months

Financial Health Grade: A

In 2023, Ymca Et Al Trust U/W Frank P Philips reported a surplus of $56K with revenue exceeding expenses, holds 426.2 months of operating reserves (strong position).

Financial Trends

Over 9 years of filings (2015–2023), Ymca Et Al Trust U/W Frank P Philips's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+68.1%+6.9%+5.0%
2022-51.5%-26.4%+2.0%
2021+468.7%+34.2%+6.6%
2020-68.4%-11.5%-1.2%
2019-33.8%+24.2%+2.5%

IRS Tax-Exempt Classification

IRS Classification Codes1700
IRS Ruling Date1971

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Ymca Et Al Trust U/W Frank P Philips appears to be a well-managed trust with a strong financial position. Over the past nine years, the organization has consistently maintained zero liabilities, indicating excellent fiscal responsibility and no reliance on debt. Its assets have shown steady growth, increasing from $895,551 in 2015 to $1,156,920 in 2023, demonstrating effective asset management. The trust's revenue streams fluctuate, as is common for investment-based trusts, but expenses have remained relatively stable and low compared to revenue, leading to consistent net positive income in most years. For example, in 2023, revenue was $88,088 against expenses of $32,571, resulting in a significant surplus. Spending efficiency is high, as the trust's primary function appears to be managing an endowment for the benefit of the YMCA. With no reported officer compensation and minimal expenses relative to its asset base, the trust demonstrates a very lean operational structure. The NTEE code T90Z (Trusts, Foundations, and Grantmaking Organizations) further supports this operational model, suggesting that its 'program' spending would primarily be distributions to beneficiaries rather than direct service delivery. The consistent growth in assets while maintaining low expenses indicates that the trust is effectively preserving and growing its principal. Transparency is excellent, particularly given the consistent reporting of zero officer compensation across all filings. This indicates that the trust is managed without drawing salaries from its funds, which is a strong positive for a charitable trust. The consistent filing of IRS Form 990s over nine years also demonstrates a commitment to public accountability. The clear financial picture presented by the filings, with no liabilities and steady asset growth, contributes to a high level of trust and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ymca Et Al Trust U/W Frank P Philips with a Mission Score of 95 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

According to IRS 990 filings, Ymca Et Al Trust U/W Frank P Philips 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:

$88KTotal Revenue
$33KTotal Expenses
$1.2MTotal Assets
$1.2MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, indicating that no officers or trustees are drawing salaries from the trust. This is highly commendable for an organization of its size ($1.1 million in assets) and suggests a volunteer-led or externally managed structure, maximizing funds available for its charitable purpose.

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.

Strengths

The following positive indicators were identified for Ymca Et Al Trust U/W Frank P Philips:

Frequently Asked Questions about Ymca Et Al Trust U/W Frank P Philips

Is Ymca Et Al Trust U/W Frank P Philips a legitimate charity?

Ymca Et Al Trust U/W Frank P Philips (EIN: 136637132) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 95/100. It has 9 years of IRS 990 filings on record. Total revenue: $195K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Ymca Et Al Trust U/W Frank P Philips spend its money?

Ymca Et Al Trust U/W Frank P Philips directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Ymca Et Al Trust U/W Frank P Philips tax-deductible?

Ymca Et Al Trust U/W Frank P Philips is registered as a tax-exempt nonprofit (EIN: 136637132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Ymca Et Al Trust U/W Frank P Philips CEO make?

Ymca Et Al Trust U/W Frank P Philips's highest-compensated officer earns $1.1 annually. The organization reported $195K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Ymca Et Al Trust U/W Frank P Philips compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Ymca Et Al Trust U/W Frank P Philips is above average for NTEE category T90Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ymca Et Al Trust U/W Frank P Philips located?

Ymca Et Al Trust U/W Frank P Philips is headquartered in Columbus, Mississippi and files with the IRS under EIN 136637132. It is classified under NTEE code T90Z.

How many years of IRS 990 filings does Ymca Et Al Trust U/W Frank P Philips have?

Ymca Et Al Trust U/W Frank P Philips has 9 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 $195K in total revenue.

What is the primary purpose of the Ymca Et Al Trust U/W Frank P Philips?

Based on its NTEE code (T90Z - Trusts, Foundations, and Grantmaking Organizations) and consistent asset growth with low expenses, its primary purpose is likely to manage an endowment or trust fund and distribute its earnings to the YMCA, as indicated by its name.

How does the trust manage to have zero officer compensation?

The trust likely operates with volunteer trustees or has its administrative functions handled by an external entity (e.g., a bank or law firm) whose fees are included in the general expenses, rather than direct officer salaries.

Is the trust's revenue stable?

The trust's revenue fluctuates significantly year-to-year (e.g., $19,004 in 2020 vs. $108,084 in 2021), which is typical for investment-based trusts whose income depends on market performance and investment returns. However, expenses remain low and stable.

Filing History

IRS 990 filing history for Ymca Et Al Trust U/W Frank P Philips showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2015–2023), Ymca Et Al Trust U/W Frank P Philips's revenue has grown by 39.2%, moving from $63K to $88K. Total assets increased by 29.2% over the same period, from $896K to $1.2M. Total functional expenses rose by 36.1%, from $24K to $33K. In its most recent filing year (2023), Ymca Et Al Trust U/W Frank P Philips reported a surplus of $56K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $88K $33K $1.2M $0
2022 $52K $30K $1.1M $0
2021 $108K $41K $1.1M $0 View 990
2020 $19K $31K $1.0M $0 View 990
2019 $60K $35K $1.0M $0 View 990
2018 $91K $28K $999K $0 View 990
2017 $50K $28K $937K $0
2016 $47K $28K $914K $0 View 990
2015 $63K $24K $896K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ymca Et Al Trust U/W Frank P Philips:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing

Data Sources and Methodology

This transparency report for Ymca Et Al Trust U/W Frank P Philips 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.

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