Peter A Willett Tr
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Peter A Willett Tr is a 501(c)(92) organization based in Bangor, Maine, with $26,529 in FY2024 revenue. CharityIndex grades it C+.
Po Box 656, Bangor, ME, 04402 EIN 20-6054578
Revenue (FY2024)
$27K
▼ 26.4% vs prior year
Expenses (FY2024)
$24K
Net assets
$241K
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 Peter A Willett Tr— 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 rating123 mo reserves · +11% 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 Peter A Willett Tr: 123 mo reserves · +11% 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 Peter A Willett Tr— 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 Peter A Willett Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $33K (FY2021) to $27K (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $241K
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$241K
Total liabilities
$0
Net assets
$241K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $26,529▼26.4% | $23,514▼65.6% | $241,064▲1.2% | $241,064▲1.2% | 990PF |
| 2023 | $36,069▲2504% | $68,314▲573% | $238,103▼11.9% | $238,103▼11.9% | 990PF |
| 2022 | $1,385▼95.8% | $10,150▼1.2% | $270,354▼3.2% | $270,354▼3.2% | 990PF |
| 2021 | $32,927 | $10,273 | $279,178 | $279,178 | 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.
Frequently asked questions
- Is Peter A Willett Tr a legitimate nonprofit?
- Yes. Peter A Willett Tr is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 20-6054578, based in Bangor, Maine.
- What is Peter A Willett Tr's EIN?
- Peter A Willett Tr's Employer Identification Number (EIN) is 20-6054578.
- How much revenue does Peter A Willett Tr report?
- Peter A Willett Tr reported $26,529 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Peter A Willett Tr have?
- CharityIndex grades Peter A Willett Tr C+, based on financial health (reserves and operating margin).
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Data for Peter A Willett Tr (EIN 20-6054578) 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.