Melvin H Simmons Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Melvin H Simmons Trust is a 501(c)(3) organization based in Augusta, Maine, registered in 1976, with $89,173 in FY2024 revenue. CharityIndex grades it C+.
150 State Street Po Box 50, Augusta, ME, 04330 EIN 01-6040875 Since 1976
Revenue (FY2024)
$89K
▲ 79.6% vs prior year
Expenses (FY2024)
$69K
Net assets
$1.3M
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 Melvin H Simmons Trust— 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 rating221 mo reserves · +23% 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 Melvin H Simmons Trust: 221 mo reserves · +23% 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 Melvin H Simmons Trust— 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 Melvin H Simmons Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $50K (FY2013) to $89K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.3M
Operating margin
22.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $89,173▲79.6% | $68,932▲4.2% | $1,269,451▲1.6% | $1,269,451▲1.6% | 990 |
| 2023 | $49,664▼22.8% | $66,125▲0.4% | $1,249,410▼1.3% | $1,249,410▼1.3% | 990 |
| 2022 | $64,330▼32.8% | $65,866▼12.7% | $1,265,994▼0.3% | $1,265,994▼0.3% | 990 |
| 2021 | $95,739▲36.4% | $75,484▲19.8% | $1,269,483▲1.5% | $1,269,483▲1.5% | 990 |
| 2020 | $70,213▲266% | $62,994▼4.0% | $1,251,199▲0.3% | $1,251,199▲0.3% | 990 |
| 2019 | $19,200▼74.6% | $65,642▲1.2% | $1,247,768▼3.3% | $1,247,768▼3.3% | 990 |
| 2018 | $75,646▼13.9% | $64,871▼0.9% | $1,290,520▲0.8% | $1,290,520▲0.8% | 990 |
| 2017 | $87,896▲13.9% | $65,480▲4.3% | $1,279,762▲1.8% | $1,279,762▲1.8% | 990 |
| 2016 | $77,172▼45.9% | $62,761▼4.3% | $1,257,346▲1.2% | $1,257,346▲1.2% | 990 |
| 2015 | $142,763▲2.1% | $65,566▼2.9% | $1,242,935▲6.6% | $1,242,935▲6.6% | 990 |
| 2014 | $139,800▲177% | $67,538▲9.2% | $1,165,738▲6.6% | $1,165,738▲6.6% | 990 |
| 2013 | $50,402 | $61,865▲2.9% | $1,093,476▼1.0% | $1,093,476▼1.0% | 990 |
| 2012 | — | $60,114▼1.8% | $1,104,939▼0.2% | $1,104,939▼0.2% | 990 |
| 2011 | — | $61,241▲11.7% | $1,107,547▼1.1% | $1,107,547▼1.1% | 990 |
| 2010 | — | $54,840 | $1,119,901 | $1,119,901 | 990 |
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 Melvin H Simmons Trust a legitimate nonprofit?
- Yes. Melvin H Simmons Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-6040875, based in Augusta, Maine. Donations are tax-deductible.
- What is Melvin H Simmons Trust's EIN?
- Melvin H Simmons Trust's Employer Identification Number (EIN) is 01-6040875.
- How much revenue does Melvin H Simmons Trust report?
- Melvin H Simmons Trust reported $89,173 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Melvin H Simmons Trust have?
- CharityIndex grades Melvin H Simmons Trust C+, based on financial health (reserves and operating margin).
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Data for Melvin H Simmons Trust (EIN 01-6040875) 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.