THE REMNANT TRUST INC Charity Report

Public IRS 990 nonprofit record

THE REMNANT TRUST INC

EIN 35-2072847 · History Museums (A54)

What they do

THE MISSION of THE REMNANT TRUST is to ELEVATE EDUCATIONAL STANDARDS & THE PUBLICS UNDERSTANDING of INDIVIDUAL LIBERTY & HUMAN DIGNITY THROUGH THE PRECEDENT SETTING, HANDS ON AVAILABILITY of THE WORLDS GREAT IDEAS IN ORIGINAL FORM to RAISE CONSCIOUSNESS of THE MOST SIGNIFICANT DOCUMENTS THAT HAVE SHAPED AMERICA: THE GREAT EXPERIMENT to RAISE THE SPIRITS of EACH GENERATION to THINK THE GRANDEST THOUGHTS & BE GUIDED BY THE MOST PROFOUND IDEALISM, IMPLEMENTING EMERSONS THESIS ON MAN THINKING to PROVIDE, THROUGH SHARING, THOSE WORKS MOVING GOETHES VISION INTO REALITY: to THINK is EASY, to ACT is HARD, BUT THE HARDEST THING IN THE WORLD is to ACT IN ACCORDANCE WITH ONES THINKING to BE THE WORLDSS FINEST REPOSITORY of THE GREAT IDEAS THAT HAVE PROPELLED MAN THROUGH THE CENTURIES FROM THE EARTH to THE STARS to BE FREE, to THINK, SPEAK & ACT IN KEEPING WITH THE GREATEST of ENDURING ASSETS: REASON, WITH JUSTICE for ALL GREAT IDEAS BELONG to EVERYONE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $35.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

35.31%of revenue went to mission work35.3% of expenses · Program services

26.30%of revenue went to fundraising26.3% of expenses

$100.03spent for every $100 of revenueSpending was higher than revenue this year.

38.42%of revenue went to management and office costs38.4% of expenses

$58.21in assets for every $1 spent this yearSome assets cannot be spent right away.

90.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $143 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$427,346

Mission workProgram services$150,90035.31% of revenue35.3% of expenses

ManagementOffice and general costs$164,17638.42% of revenue38.4% of expenses

FundraisingAsking for donations$112,41326.30% of revenue26.3% of expenses

Total expenses$427,489100.03% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 35.3% mission · 38.4% management · 26.3% fundraisingTotal expenses: 100.03% of revenue

2022Expense mix: 76.3% mission · 12.0% management · 11.7% fundraisingTotal expenses: 11.28% of revenue

2021Expense mix: 59.9% mission · 23.7% management · 16.5% fundraisingTotal expenses: 91.58% of revenue

2020Expense mix: 60.1% mission · 39.9% management · 0.0% fundraisingTotal expenses: 70.02% of revenue

2019Expense mix: 62.9% mission · 37.1% management · 0.0% fundraisingTotal expenses: 80.42% of revenue

2018Expense mix: 60.7% mission · 39.3% management · 0.0% fundraisingTotal expenses: 81.52% of revenue

2017Expense mix: 60.0% mission · 40.0% management · 0.0% fundraisingTotal expenses: 45.45% of revenue

2016Expense mix: 60.7% mission · 39.3% management · 0.0% fundraisingTotal expenses: 83.20% of revenue

Money in and money out

Revenue$427,346

Expenses$427,489

Annual shortfall $143 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$150,900 · 35.3% of expenses

Management and office costs$164,176 · 38.4% of expenses

Fundraising$112,413 · 26.3% of expenses

See all reported dollar amounts

Revenue$427,346

Expenses$427,489

Assets$24,884,002

Income$427,346

Contributions$385,340

Mission work (program services)$150,900

Fundraising$112,413

Grants given$141,042

Average grant$35,261

Management and general$164,176

Stocks and bonds$1,541,627

Investing fees$39,801

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (9)

BILL REIDDIRECTOR

CHRIS TALLEYCHAIRMAN/CEO

DAVID ROLANDDIRECTOR

JOHN MCGOFFDIRECTOR

JULIA HETHERINGTONSECRETARY

MICHAEL SONKSENDIRECTOR

RICHARD RECHTERDIRECTOR

ROBERT HARDYDIRECTOR

SEAN DELAUTERTREASURER

About this charity

Recognized since: January 1999
Location: 450 W OHIO ST, INDIANAPOLIS, IN 46202-3269
County: Marion
In care of: % MALORIE KREIGHBAUM
Primary officer: SEAN DELAUTER, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@remnanttrust.org Phone(463) 274-3314

Filing and classification

Latest tax year: 2023
Tax period began: January 1, 2023
Return type: 990
Tax preparer: ESTEP BURKEY SIMMONS LLC
NTEE classification: History Museums (A54)
IRS tax category: History Museums
Grant-giving organization: Yes