CHARLES D NELSON TRUST UTD 10/6/19

EIN: 556164650 501(c)(3) Public & Societal Benefit

ELLSWORTH, ME

Total Revenue
$450,557
Total Expenses
$229,234
Total Assets
$5,069,429
Net Assets
$5,069,429
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
ME
Phone
2076672504
Tax Period
2023-07-01 to 2024-06-30

CHARLES D NELSON TRUST UTD 10/6/19, founded in 2003, is a small nonprofit in the Public & Societal Benefit sector that reported $451K in total revenue in fiscal year 2023. Revenue surged 103% from the prior year, signaling strong growth momentum. The organization ran a surplus of $221K, a strong 49% operating margin.

Mission

THE TRUST'S MISSION IS TO BENEFIT THE INHABITANTS OF THE TOWN OF JONESBORO BY REDUCING THEIR TAX BURDEN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $450,557
Other Revenue $0
TOTAL REVENUE $450,557

Expense Breakdown

Grants Paid $158,529
Salaries & Benefits $62,694
Fundraising Expenses $0
Program Expenses $158,529
Other Expenses $8,011
TOTAL EXPENSES $229,234

Year-over-Year Comparison

2023 2022 Change
Revenue $450,557 $221,624 +1.0%
Expenses $229,234 $204,327 +0.1%
Net Income $221,323 $17,297 +11.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 3.00
$62,694 $0 $62,694
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $450,557 $229,234 $5,069,429 $221,323
2023 $221,624 $204,327 $4,848,934 $17,297
2022 $278,478 $218,060 $4,831,637 $60,418
2021 $440,768 $165,386 $4,771,219 $275,382
Explore More Nonprofits
→Top 100 Nonprofits in Maine →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHARLES D NELSON TRUST UTD 10/6/19 with other nonprofits in Maine and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.