Michael W Budd Trust Equity is a 501(c)(92) organization based in Dallas, Texas, registered in 1970, with $8,534 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$8,534
▲ 11.4% vs prior year
Expenses (FY2025)
$5,864
Net assets
$78K
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 Michael W Budd Trust Equity— 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 Michael W Budd Trust Equity: 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 Michael W Budd Trust Equity— 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 Michael W Budd Trust Equity: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2,689 (FY2014) to $8,534 (FY2025) across 12 reported years.
Financial snapshot
Operating margin
31.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$78K
Total liabilities
$0
Net assets
$78K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $8,534▲11.4% | $5,864▲7.3% | $78,391▲3.6% | $78,391▲3.6% | 990PF |
| 2024 | $7,662▲213% | $5,464 | $75,695▲2.9% | $75,695▲2.9% | 990PF |
| 2023 | $2,446▲199% | $5,463▼39.3% | $73,575▼4.0% | $73,575▼4.0% | 990PF |
| 2022 | -$2,481▼113% | $9,000▲6.1% | $76,614▼13.0% | $76,614▼13.0% | 990PF |
| 2021 | $19,667▲184% | $8,480▲4.0% | $88,085▲14.7% | $88,085▲14.7% | 990PF |
| 2020 | $6,928▲25.3% | $8,155▲5.0% | $76,806▼1.6% | $76,806▼1.6% | 990PF |
| 2019 | $5,529▼25.4% | $7,763▼8.7% | $78,033▼3.6% | $78,033▼3.6% | 990PF |
| 2018 | $7,409▼19.1% | $8,501▲7.2% | $80,973▼1.2% | $80,973▼1.2% | 990PF |
| 2017 | $9,157▲1184% | $7,931▼2.1% | $81,939▼0.2% | $81,939▼0.2% | 990PF |
| 2016 | $713▼82.7% | $8,100▼3.1% | $82,132▼9.1% | $82,132▼9.1% | 990PF |
| 2015 | $4,127▲53.5% | $8,361▼10.7% | $90,331▼4.9% | $90,331▼4.9% | 990PF |
| 2014 | $2,689 | $9,365 | $94,940 | $94,940 | 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 Michael W Budd Trust Equity (EIN 52-6029952) 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.