Ethel & Jennie Mallett Charitable Trust Connecticut Bank & Trust Co is a 501(c)(92) organization based in Dallas, Texas, with $175,402 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$175K
▲ 205.3% vs prior year
Expenses (FY2024)
$125K
Net assets
$1.5M
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 Ethel & Jennie Mallett Charitable Trust Connecticut Bank & 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 Ethel & Jennie Mallett Charitable Trust Connecticut Bank & Trust Co: 143 mo reserves · +29% 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 Ethel & Jennie Mallett Charitable Trust Connecticut Bank & 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 Ethel & Jennie Mallett Charitable Trust Connecticut Bank & Trust Co: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $230K (FY2019) to $175K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
28.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $175,402▲205% | $124,961▲20.0% | $1,492,972▲2.6% | $1,492,972▲2.6% | 990PF |
| 2023 | $57,460▲723% | $104,112▲0.8% | $1,454,749▲0.9% | $1,454,749▲0.9% | 990PF |
| 2022 | -$9,225▼103% | $103,247▼23.0% | $1,442,012▼4.3% | $1,442,012▼4.3% | 990PF |
| 2021 | $280,116▲109% | $134,131▲18.5% | $1,506,794▼7.8% | $1,506,794▼7.8% | 990PF |
| 2020 | $134,345▼41.5% | $113,189▲9.8% | $1,633,898▲13.8% | $1,633,898▲13.8% | 990PF |
| 2019 | $229,669 | $103,055 | $1,436,076 | $1,436,076 | 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 Ethel & Jennie Mallett Charitable Trust Connecticut Bank & Trust Co (EIN 06-6273514) 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.