Zita Charitable Trust
Zita Charitable Trust maintains substantial assets and low expenses with no reported executive compensation.
EIN: 205177582 · Shreveport, LA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $27.4M |
| Transparency Score | 85/100 |
Is Zita Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zita Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zita Charitable Trust
Zita Charitable Trust (EIN: 205177582) is a nonprofit organization based in Shreveport, LA, classified under NTEE code T20. The organization reported total revenue of $5.7M and total assets of $29.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zita Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zita Charitable Trust is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $27.4M |
| Total Liabilities | $1 |
| Net Assets | $27.4M |
| Operating Margin | 61.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 323.2 months |
Financial Health Grade: A
In 2023, Zita Charitable Trust reported a surplus of $1.6M with revenue exceeding expenses, holds 323.2 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), Zita Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.5% | -7.3% | +7.4% |
| 2022 | -60.2% | +19.8% | +2.1% |
| 2021 | +70.2% | +3.1% | +14.8% |
| 2020 | +74.7% | -3.0% | +4.8% |
| 2019 | -36.7% | -4.6% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Zita 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, Zita 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 surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating that the organization does not pay its officers, which is highly unusual for an organization of its size with assets nearing $30 million.
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 Zita Charitable Trust's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data, making it hard to assess direct charitable impact.
Strengths
The following positive indicators were identified for Zita Charitable Trust:
- Consistently low expenses relative to revenue and assets, indicating efficient operations.
- Zero reported officer compensation across all filings, demonstrating high dedication and minimal administrative overhead.
- Substantial and growing asset base, from $12.6 million in 2011 to $27.3 million in 2023, ensuring long-term financial stability.
- Minimal liabilities reported, indicating strong financial management and low debt risk.
- Consistent financial reporting over a decade, showing a stable and well-managed organization.
Frequently Asked Questions about Zita Charitable Trust
Is Zita Charitable Trust a legitimate charity?
Zita Charitable Trust (EIN: 205177582) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Zita Charitable Trust spend its money?
Zita Charitable Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Zita Charitable Trust tax-deductible?
Zita Charitable Trust is registered as a tax-exempt nonprofit (EIN: 205177582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Zita Charitable Trust CEO make?
Zita Charitable Trust's highest-compensated officer earns $0 annually. The organization reported $5.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Zita Charitable Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Zita Charitable Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Zita Charitable Trust located?
Zita Charitable Trust is headquartered in Shreveport, Louisiana and files with the IRS under EIN 205177582. It is classified under NTEE code T20.
How many years of IRS 990 filings does Zita Charitable Trust have?
Zita 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 $5.7M in total revenue.
Is Zita Charitable Trust a good charity?
Based on the provided data, Zita Charitable Trust appears to be a financially sound organization with substantial assets ($27,384,706 in 202312) and very low expenses ($1,016,826 in 202312). The absence of officer compensation is a significant positive indicator of efficiency and dedication to mission. However, without detailed program spending information, it's difficult to fully assess the direct impact of its charitable activities.
How does Zita Charitable Trust manage its finances?
The trust manages its finances conservatively, consistently growing its asset base from $12,652,837 in 201112 to $27,384,706 in 202312. Expenses have remained relatively stable and low compared to revenue and assets, suggesting a focus on long-term sustainability and endowment growth. Liabilities are consistently minimal, indicating strong fiscal health.
What is the trend in Zita Charitable Trust's revenue and expenses?
Revenue has fluctuated significantly year-to-year, ranging from $1,023,436 in 201112 to $4,116,114 in 202112, and $2,645,964 in 202312. In contrast, expenses have been remarkably stable, generally staying between $650,000 and $1.1 million annually, indicating consistent operational costs despite revenue variations.
Filing History
IRS 990 filing history for Zita Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Zita Charitable Trust's revenue has grown by 158.5%, moving from $1.0M to $2.6M. Total assets increased by 116.4% over the same period, from $12.7M to $27.4M. Total functional expenses rose by 55%, from $656K to $1.0M. In its most recent filing year (2023), Zita Charitable Trust reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $27.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $1.0M | $27.4M | $1 | — | — |
| 2022 | $1.6M | $1.1M | $25.5M | $1 | — | View 990 |
| 2021 | $4.1M | $916K | $25.0M | $1 | — | View 990 |
| 2020 | $2.4M | $889K | $21.8M | $1 | — | View 990 |
| 2019 | $1.4M | $916K | $20.8M | $271K | — | View 990 |
| 2015 | $2.2M | $960K | $17.2M | $1.7M | — | View 990 |
| 2014 | $2.7M | $1.7M | $16.2M | $1.8M | — | View 990 |
| 2013 | $2.0M | $893K | $15.3M | $1.8M | — | View 990 |
| 2012 | $2.7M | $657K | $14.3M | $1.9M | — | View 990 |
| 2011 | $1.0M | $656K | $12.7M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $1.0M, and assets of $27.4M (revenue +61.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.1M, and assets of $25.5M (revenue -60.2% year-over-year).
- 2021: Revenue of $4.1M, expenses of $916K, and assets of $25.0M (revenue +70.2% year-over-year).
- 2020: Revenue of $2.4M, expenses of $889K, and assets of $21.8M (revenue +74.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $916K, and assets of $20.8M (revenue -36.7% year-over-year).
- 2015: Revenue of $2.2M, expenses of $960K, and assets of $17.2M (revenue -18.1% year-over-year).
- 2014: Revenue of $2.7M, expenses of $1.7M, and assets of $16.2M (revenue +36.6% year-over-year).
- 2013: Revenue of $2.0M, expenses of $893K, and assets of $15.3M (revenue -27.5% year-over-year).
- 2012: Revenue of $2.7M, expenses of $657K, and assets of $14.3M (revenue +163.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $656K, and assets of $12.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zita Charitable Trust:
Data Sources and Methodology
This transparency report for Zita 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.