Easton Charitable Tr
Nonprofit profile at a glance
- EIN
- 816650459
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-T 2023, Form 990-N 2016
- Location
- North Easton, MA, USA
- Phone
- 5082301886
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $92,122
- Expenses
- $82,977
- Assets
- $95,937
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CATHY ESTEY (President)
- PATRICIA GROGAN (Vice President)
People named in this filing
- CATHY ESTEY (President)
- BETTINA HOFFMAN (Treasurer)
- NANCY COHENNO (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide financial support to individuals and local non profit groups representing outstanding values or charitable need.
What it reported doing in 2024
In 2024 easton charitable trust awarded grants to 7 area non-profit organizations totaling $70,500 which were paid out from the 2023 excess revenues over expenses.the c2 foundation $12,000james luke foundation $ 3,500bloom-a place for girls teen challenge $12,000keeping pace with multiple miracles $12,000family & community resources $12,000natural resource trust $ 3,500self help inc $12,000cert $ 3.500 _______ $70,500 in december,2023 easton charitable trust hosted the 8th annual easton festival of trees. From these funds grants and scholarships were awarded in earley 2024 to local charities, scholarships, and those deserving.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.5%; rating input score 77
- Program expense ratio: 85%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.9%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 50% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 19.7% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 16.5% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 76.5% of revenue deployed · 85% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $70K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.