Halvor E Prescott Tr Fund
Only null% goes to programs Strong reserves Declining revenue
Halvor E Prescott Tr Fund is a 501(c)(3) organization based in Bangor, Maine, registered in 2020, with $12,404 in FY2024 revenue. CharityIndex grades it C+.
Po Box 656, Bangor, ME, 04402 EIN 01-6064010 Since 2020
Revenue (FY2024)
$12K
▲ 324.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$13K
Net assets
$121K
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 Halvor E Prescott Tr Fund— 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 rating116 mo reserves · -1% 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 Halvor E Prescott Tr Fund: 116 mo reserves · -1% 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 Halvor E Prescott Tr Fund— 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 Halvor E Prescott Tr Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 656, Bangor, ME, 04402
- City
- Bangor
- State
- Maine
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $9,704 (FY2020) to $12K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $121K
Operating margin
-0.8%
Spent more than it raised in the latest fiscal year.
Total assets
$121K
Total liabilities
$0
Net assets
$121K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,404▲325% | $12,508▼4.0% | $120,597▼0.1% | $120,597▼0.1% | 990PF |
| 2023 | $2,922▼57.4% | $13,031▼17.9% | $120,662▼7.8% | $120,662▼7.8% | 990PF |
| 2022 | $6,863▼59.0% | $15,880▲6.1% | $130,838▼6.2% | $130,838▼6.2% | 990PF |
| 2021 | $16,733▲72.4% | $14,966▲2.0% | $139,496▲0.4% | $139,496▲0.4% | 990PF |
| 2020 | $9,704 | $14,671▲20.9% | $138,933▼20.8% | $138,933▼20.8% | 990PF |
| 2010 | — | $12,134 | $175,385 | $175,385 | 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.
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Frequently asked questions
- Is Halvor E Prescott Tr Fund a legitimate nonprofit?
- Yes. Halvor E Prescott Tr Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-6064010, based in Bangor, Maine. Donations are tax-deductible.
- What is Halvor E Prescott Tr Fund's EIN?
- Halvor E Prescott Tr Fund's Employer Identification Number (EIN) is 01-6064010.
- How much revenue does Halvor E Prescott Tr Fund report?
- Halvor E Prescott Tr Fund reported $12,404 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Halvor E Prescott Tr Fund have?
- CharityIndex grades Halvor E Prescott Tr Fund C+, based on financial health (reserves and operating margin).
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Data for Halvor E Prescott Tr Fund (EIN 01-6064010) 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.