Charles A Farnsworth Trust Ud T16476 State St Bk & Trust Co is a 501(c)(92) organization based in Dallas, Texas, with $1,671,279 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.7M
▼ 43.0% vs prior year
Expenses (FY2024)
$1.7M
Net assets
$18.8M
Employees
—
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 Charles A Farnsworth Trust Ud T16476 State St Bk & Trust Co— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Charles A Farnsworth Trust Ud T16476 State St Bk & Trust Co: 133 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
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 Charles A Farnsworth Trust Ud T16476 State St Bk & Trust Co— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Charles A Farnsworth Trust Ud T16476 State St Bk & Trust Co: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2019) to $1.7M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$18.8M
Total liabilities
$0
Net assets
$18.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,671,279▼43.0% | $1,693,851▲1.7% | $18,804,933▼0.1% | $18,804,933▼0.1% | 990PF |
| 2023 | $2,932,089▲152% | $1,665,364▼3.5% | $18,830,094▲7.2% | $18,830,094▲7.2% | 990PF |
| 2022 | $1,162,531▼51.5% | $1,725,471▼4.2% | $17,565,331▼3.1% | $17,565,331▼3.1% | 990PF |
| 2021 | $2,398,440▲79.4% | $1,801,793▲10.9% | $18,130,160▲3.4% | $18,130,160▲3.4% | 990PF |
| 2020 | $1,336,795▲16.6% | $1,624,028▲2.1% | $17,535,870▲0.8% | $17,535,870▲0.8% | 990PF |
| 2019 | $1,146,058 | $1,590,392 | $17,391,131 | $17,391,131 | 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.
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Data for Charles A Farnsworth Trust Ud T16476 State St Bk & Trust Co (EIN 04-6096075) 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.