Trust INC EIN 41-0965940

Trust INC

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Trust INC is a human services nonprofit based in Minneapolis, MN. For fiscal year 2025 it reported $705K in revenue, $730K in expenses, and $132K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Minneapolis, MN
Website
www.trustinc.org
Filings
6 on file (2020–2025)
Revenue
$705KFY2025
Expenses
$730K
Net assets
$132K
People
14
Filings
6
Updates
0
More identity details & actions ⌄
EIN  41-0965940 Public charity (501(c)(3)) Minneapolis, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
a human services nonprofit
Leadership
Mary Huttner-Weibel · Executive Di · $100K
Money in and out
$705K revenue, $730K expenses
Bottom line
82% program efficiency
Where the money goes · FY2025
Total revenue
$705K
Pt VIII · Ln 12
Total expenses
$730K
Pt IX · Ln 25
Net assets
$132K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$26K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.15 Fundraising $0.03
Program efficiency
82%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
1.5mo
months of highly liquid reserves at operating expense rate▼ -12% vs prior filing year
Surplus margin
-4%
revenue over expenses, this year▼ -203% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$705K
FY2025▲ +18%
Expenses
$730K
FY2025▲ +27%
Total assets
$157K
FY2025▼ -8%
Total liabilities
$25K
FY2025▲ +89%
Total revenue
$705K
Pt VIII · Ln 12
Total expenses
$730K
Pt IX · Ln 25
Net assets
$132K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$26K
Total assetsPt X · Ln 16$157K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $524K of program spending, described in the organization's own filed words · FY2025.
01

The trust meals on wheels program is making a significant impact in the lives of homebound seniors and eligible individuals in its service area. Food expense has risen but the year-round need is constant. No individual is ever turned away for their inability to pay.

$263Kprogram expense
02

Trust inc transportation services is dedicated to providing safe and reliable transportation for seniors and individuals with disabilities. Our program offers assisted rides to grocery stores, food pantries, local businesses, banks, errand runs, clinics, post offices, and community events, enabling our clients to maintain their…

$166Kprogram expense
03

The trust chore program is a cost-effective and reliable home service initiative designed for seniors and individuals with disabilities. With a dedicated team of chore workers and volunteers, the program offers various affordable services, including house cleaning, snow removal, yard work, and minor home repairs.

$95Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTrust INC
EINHdr · item D41-0965940
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jwww.trustinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P200)
Ruling yearIRS BMFNov 1974

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$100,451Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Mary Huttner-Weibel’s $100K as Executive Di is at the 86th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mary Huttner-Weibel$100,451$96,048$85,982$74,309
Toya Richards$45,750$25,350
Nancy Biele$16,599

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$372K · 53%
Program service revenue$329K · 47%
Contributions & grants53%$372K
Program service revenue47%$329K
Investment income$605
Other revenue$3K
— government grantsLn 1e$253K
Total revenueLn 12$705K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.15 Fundraising $0.03
Program services82%$600K
Management & general15%$109K
Fundraising3%$21K
Total functional expensesLn 25$730K

Balance Sheet

Part X · end of year
CashLn 1$92K
Total assetsLn 16$157K
Total liabilitiesLn 26$25K
Total net assetsLn 32$132K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $92K · Operating expenses/yr $730K
1.5 months
Where the money goes
Program services
Program services $600K · Total expenses $730K
82%
Management & General
Management & general $109K · Total expenses $730K
15%
Fundraising
Fundraising $21K · Total expenses $730K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $104K
$0.20 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $372K · Total revenue $705K
53%
Government reliance
Government grants $253K · Total revenue $705K
36%
Earned-income share
Program service revenue $329K · Total revenue $705K
47%
Investment reliance
Investment income $605 · Total revenue $705K
+0.09%
Program self-sufficiency
Program service revenue $329K · Total expenses $730K
45%
Growth & trend
Revenue growth (YoY)
This year $705K · Prior year $598K
+18%
Revenue CAGR
FY2020 $367K · FY2025 $705K
+14%
Net-asset trend (YoY)
End of year $132K · Beginning of year $158K
-16%
Balance sheet
Surplus Margin
Revenue $705K · Expenses $730K
-4%
Liabilities-to-Assets
Total liabilities $25K · Total assets $157K
16%
Net-asset ratio
Net assets $132K · Total assets $157K
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $157K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Huttner-Weibel · Reported title EXECUTIVE DI · Highest reported compensation $100K · Total expenses $730K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $328K · Total expenses $730K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 15%
Fundraising cost ratio 6%
Revenue growth 18%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$50K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$705K revenue · viewing · ⤓ 990 PDF
FY2024$598K revenue · ⤓ 990 PDF
FY2023$434K revenue · ⤓ 990 PDF
FY2022$515K revenue · ⤓ 990 PDF
FY2021$442K revenue · ⤓ 990 PDF
FY2020$367K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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