Walter Spohn Trust Inc

Nonprofit profile at a glance

EIN
823997332
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Sykesville, MD, USA
Phone
5614140675
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$9,947
Expenses
$19,962
Assets
$169,329

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • Michaela Calhoun (Director)
  • Erin Stevens (Director)
  • Chelsea Lillo (Director)

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

Our mission is to advance clinical and practical education and scientific research in support of patient care in the field of Anaplastology.

What it reported doing in 2024

Our mission is to advance clinical and practical education and scientific research in support of patient care in the field of Anaplastology.Our vision is to be recognized as an important source for funding advanced learning in the field of Anaplastology and to form partnerships with business, industry, health education organizations, and health care institutions; these partners will help promote our mission to a wider range of private and public donors.The Walter Spohn Trust provides financial support to individuals and research groups initiating educational and research projects to advance the field of Anaplastology.The WST works to achieve its goals through its Annual Grant Program, special awards and scholarships, and fundraising events like The OtoArt Project and The Worthwhile Mile Fundraiser.

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
Hybrid. The nonprofit split its reported program spending across 44% for direct work, and 56% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 63.9%; rating input score 64

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -100.7%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 8.48; rating input score 90; 90th 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: 14.2% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -48.1% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -1.9% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 63.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 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.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.