Allan C Mims and Margaret L Mims Charitable Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Allan C Mims and Margaret L Mims Charitable Tr is a 501(c)(3) organization based in Chapel Hill, North Carolina, registered in 2000, with $97,976 in FY2024 revenue. CharityIndex grades it C+.
1450 Raleigh Rd Ste 300, Chapel Hill, NC, 27517 EIN 56-6207750 Since 2000
Revenue (FY2024)
$98K
▲ 144.5% vs prior year
Expenses (FY2024)
$87K
Net assets
$1.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Allan C Mims and Margaret L Mims Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating139 mo reserves · +11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Allan C Mims and Margaret L Mims Charitable Tr: 139 mo reserves · +11% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Allan C Mims and Margaret L Mims Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Allan C Mims and Margaret L Mims Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1450 Raleigh Rd Ste 300, Chapel Hill, NC, 27517
- City
- Chapel Hill
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $122K (FY2013) to $98K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.0M
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,976▲144% | $86,790▲19.3% | $1,005,286▲1.1% | $1,005,286▲1.1% | 990PF |
| 2023 | $40,073▲3124% | $72,778▼33.7% | $993,966▼3.0% | $993,966▼3.0% | 990PF |
| 2022 | $1,243▼99.1% | $109,837▲12.3% | $1,025,187▼9.5% | $1,025,187▼9.5% | 990PF |
| 2021 | $139,817▼24.0% | $97,830▼2.7% | $1,132,703▲3.9% | $1,132,703▲3.9% | 990PF |
| 2020 | $183,891▲327% | $100,539▲31.2% | $1,089,778▲8.3% | $1,089,778▲8.3% | 990PF |
| 2019 | $43,040▼11.2% | $76,611▼15.0% | $1,006,426▼1.1% | $1,006,426▼1.1% | 990PF |
| 2018 | $48,461▲34.4% | $90,103▲21.7% | $1,017,462▼3.9% | $1,017,462▼3.9% | 990PF |
| 2017 | $36,054▲23.9% | $74,039▼30.8% | $1,058,881▼3.5% | $1,058,881▼3.5% | 990PF |
| 2016 | $29,100▼87.1% | $107,047▲2.4% | $1,097,153▼6.6% | $1,097,153▼6.6% | 990PF |
| 2015 | $225,381▲26.5% | $104,579▼2.7% | $1,174,804▲11.4% | $1,174,804▲11.4% | 990PF |
| 2014 | $178,119▲46.4% | $107,471▲15.0% | $1,054,508▲7.2% | $1,054,508▲7.2% | 990PF |
| 2013 | $121,685 | $93,420▲4.8% | $983,863▲3.0% | $983,863▲3.0% | 990PF |
| 2012 | — | $89,158▼4.0% | $955,519▼2.6% | $955,519▼2.6% | 990PF |
| 2011 | — | $92,876▲27.8% | $981,506▼3.4% | $981,506▼3.4% | 990PF |
| 2010 | — | $72,686 | $1,016,385 | $1,016,385 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Allan C Mims and Margaret L Mims Charitable Tr a legitimate nonprofit?
- Yes. Allan C Mims and Margaret L Mims Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6207750, based in Chapel Hill, North Carolina. Donations are tax-deductible.
- What is Allan C Mims and Margaret L Mims Charitable Tr's EIN?
- Allan C Mims and Margaret L Mims Charitable Tr's Employer Identification Number (EIN) is 56-6207750.
- How much revenue does Allan C Mims and Margaret L Mims Charitable Tr report?
- Allan C Mims and Margaret L Mims Charitable Tr reported $97,976 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Allan C Mims and Margaret L Mims Charitable Tr have?
- CharityIndex grades Allan C Mims and Margaret L Mims Charitable Tr C+, based on financial health (reserves and operating margin).
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Data for Allan C Mims and Margaret L Mims Charitable Tr (EIN 56-6207750) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.