Bruce And Barbara Lee Woollen Foundation
EIN: 261525369 · Henderson, NV · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $13K |
| Net Assets | $207K |
Is Bruce And Barbara Lee Woollen Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bruce And Barbara Lee Woollen Foundation
Bruce And Barbara Lee Woollen Foundation (EIN: 261525369) is a nonprofit organization based in Henderson, NV, classified under NTEE code T20. The organization reported total revenue of $155K and total assets of $251K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bruce And Barbara Lee Woollen Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bruce And Barbara Lee Woollen Foundation is a small nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -156.9% | -45.8% | +10.4% |
| 2022 | +614.3% | +26.7% | -32.2% |
| 2021 | -35.4% | +15.0% | +9.8% |
| 2019 | -165.9% | +40.8% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bruce And Barbara Lee Woollen Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bruce And Barbara Lee Woollen Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Bruce And Barbara Lee Woollen Foundation
Is Bruce And Barbara Lee Woollen Foundation a legitimate charity?
Bruce And Barbara Lee Woollen Foundation (EIN: 261525369) is a registered tax-exempt nonprofit based in Nevada. It has 10 years of IRS 990 filings on record. Total revenue: $155K. No red flags identified. Financial health grade: B.
How does Bruce And Barbara Lee Woollen Foundation spend its money?
Bruce And Barbara Lee Woollen Foundation reported $155K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bruce And Barbara Lee Woollen Foundation tax-deductible?
Bruce And Barbara Lee Woollen Foundation is registered as a tax-exempt nonprofit (EIN: 261525369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bruce And Barbara Lee Woollen Foundation located?
Bruce And Barbara Lee Woollen Foundation is headquartered in Henderson, Nevada and files with the IRS under EIN 261525369. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bruce And Barbara Lee Woollen Foundation have?
Bruce And Barbara Lee Woollen Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $155K in total revenue.
Filing History
IRS 990 filing history for Bruce And Barbara Lee Woollen Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bruce And Barbara Lee Woollen Foundation's revenue has declined by 1345000%, moving from $1 to $-13,449. Total assets decreased by 45% over the same period, from $376K to $207K. Total functional expenses fell by 63.8%, from $36K to $13K. The organization holds $1 in liabilities against $207K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $207K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-13,449 | $13K | $207K | $1 | — | — |
| 2022 | $24K | $24K | $188K | $1 | — | View 990 |
| 2021 | $3K | $19K | $277K | $1 | — | View 990 |
| 2020 | $5K | $17K | $252K | $1 | — | — |
| 2019 | $-2,829 | $54K | $257K | $1 | — | View 990 |
| 2015 | $4K | $38K | $269K | $1 | — | View 990 |
| 2014 | $76K | $89K | $287K | $1 | — | View 990 |
| 2013 | $640 | $43K | $300K | $0 | — | View 990 |
| 2012 | $258 | $34K | $342K | $1 | — | View 990 |
| 2011 | $1 | $36K | $376K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-13,449, expenses of $13K, and assets of $207K (revenue -156.9% year-over-year).
- 2022: Revenue of $24K, expenses of $24K, and assets of $188K (revenue +614.3% year-over-year).
- 2021: Revenue of $3K, expenses of $19K, and assets of $277K (revenue -35.4% year-over-year).
- 2020: Revenue of $5K, expenses of $17K, and assets of $252K.
- 2019: Revenue of $-2,829, expenses of $54K, and assets of $257K (revenue -165.9% year-over-year).
- 2015: Revenue of $4K, expenses of $38K, and assets of $269K (revenue -94.4% year-over-year).
- 2014: Revenue of $76K, expenses of $89K, and assets of $287K (revenue +11778.1% year-over-year).
- 2013: Revenue of $640, expenses of $43K, and assets of $300K (revenue +148.1% year-over-year).
- 2012: Revenue of $258, expenses of $34K, and assets of $342K (revenue +25700.0% year-over-year).
- 2011: Revenue of $1, expenses of $36K, and assets of $376K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bruce And Barbara Lee Woollen Foundation:
Data Sources and Methodology
This transparency report for Bruce And Barbara Lee Woollen Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.