Trust U/w Melinda W Tobie
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Trust U/w Melinda W Tobie is a 501(c)(3) organization based in Johnston, Rhode Island, registered in 1975, with $15,570 in FY2024 revenue. CharityIndex grades it D.
One Citizens Bank Way Jcb115, Johnston, RI, 02919 EIN 02-6005052 Since 1975
Revenue (FY2024)
$16K
▲ 38.1% vs prior year
Expenses (FY2024)
$22K
Net assets
$261K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Trust U/w Melinda W Tobie— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating142 mo reserves · -42% 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 Trust U/w Melinda W Tobie: 142 mo reserves · -42% margin earns a D 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 Trust U/w Melinda W Tobie— 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 Trust U/w Melinda W Tobie: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- One Citizens Bank Way Jcb115, Johnston, RI, 02919
- City
- Johnston
- State
- Rhode Island
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $29K (FY2018) to $16K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $261K
Operating margin
-41.9%
Spent more than it raised in the latest fiscal year.
Total assets
$261K
Total liabilities
$0
Net assets
$261K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,570▲38.1% | $22,091▲40.3% | $261,047▼2.4% | $261,047▼2.4% | 990PF |
| 2023 | $11,277▼49.2% | $15,740▼6.3% | $267,419▼1.5% | $267,419▼1.5% | 990PF |
| 2022 | $22,191▼9.7% | $16,805▼31.6% | $271,465▲2.0% | $271,465▲2.0% | 990PF |
| 2021 | $24,566▼11.4% | $24,562▲10.6% | $266,072▲0.1% | $266,072▲0.1% | 990PF |
| 2020 | $27,731▲150% | $22,199▼42.5% | $265,893▲2.3% | $265,893▲2.3% | 990PF |
| 2019 | $11,110▼61.7% | $38,580▲384% | $260,009▼9.6% | $260,009▼9.6% | 990PF |
| 2018 | $29,024 | $7,974 | $287,484 | $287,484 | 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 Trust U/w Melinda W Tobie a legitimate nonprofit?
- Yes. Trust U/w Melinda W Tobie is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-6005052, based in Johnston, Rhode Island. Donations are tax-deductible.
- What is Trust U/w Melinda W Tobie's EIN?
- Trust U/w Melinda W Tobie's Employer Identification Number (EIN) is 02-6005052.
- How much revenue does Trust U/w Melinda W Tobie report?
- Trust U/w Melinda W Tobie reported $15,570 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Trust U/w Melinda W Tobie have?
- CharityIndex grades Trust U/w Melinda W Tobie D, based on financial health (reserves and operating margin).
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Data for Trust U/w Melinda W Tobie (EIN 02-6005052) 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.