Margaret Durso Charitable Tr No 1 Trust Under Agreement is a 501(c)(3) organization based in Dallas, Texas, registered in 2015, with $24,920 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$25K
▲ 6.8% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$17K
Net assets
$230K
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 Margaret Durso Charitable Tr No 1 Trust Under Agreement— 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 Margaret Durso Charitable Tr No 1 Trust Under Agreement: 160 mo reserves · +31% 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 Margaret Durso Charitable Tr No 1 Trust Under Agreement— 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 Margaret Durso Charitable Tr No 1 Trust Under Agreement: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $8,693 (FY2015) to $25K (FY2025) across 11 reported years.
Financial snapshot
Operating margin
30.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$230K
Total liabilities
$0
Net assets
$230K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $24,920▲6.8% | $17,248▲6.0% | $229,935▲3.5% | $229,935▲3.5% | 990PF |
| 2024 | $23,336▲236% | $16,277▲19.4% | $222,192▲3.2% | $222,192▲3.2% | 990PF |
| 2023 | $6,944▲219% | $13,633▼28.2% | $215,372▼3.0% | $215,372▼3.0% | 990PF |
| 2022 | -$5,828▼111% | $18,996▲16.2% | $222,137▼10.0% | $222,137▼10.0% | 990PF |
| 2021 | $53,193▲218% | $16,349▲5.2% | $246,943▲17.7% | $246,943▲17.7% | 990PF |
| 2020 | $16,745▲23.3% | $15,537▲19.6% | $209,804▲0.6% | $209,804▲0.6% | 990PF |
| 2019 | $13,578▼29.3% | $12,991▼11.1% | $208,638▼0.6% | $208,638▼0.6% | 990PF |
| 2018 | $19,204▼11.4% | $14,614▲14.7% | $209,962▲2.4% | $209,962▲2.4% | 990PF |
| 2017 | $21,680▲1127% | $12,737▲6.7% | $205,078▲2.7% | $205,078▲2.7% | 990PF |
| 2016 | $1,767▼79.7% | $11,940▼35.5% | $199,776▼5.5% | $199,776▼5.5% | 990PF |
| 2015 | $8,693 | $18,498 | $211,387 | $211,387 | 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 Margaret Durso Charitable Tr No 1 Trust Under Agreement (EIN 36-6459691) 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.