Chester A Long Educational Trust

Chester A Long Educational Trust consistently spends more than it earns, drawing down on its assets.

EIN: 207277003 · Goodland, KS · NTEE: B82 · Updated: 2026-03-28

$26KRevenue

$333KAssets

85/100Mission Score (Excellent)

B82

About Chester A Long Educational Trust

Chester A Long Educational Trust (EIN: 207277003) is a nonprofit organization based in Goodland, KS, classified under NTEE code B82. The organization reported total revenue of $26K and total assets of $333K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chester A Long Educational Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Chester A Long Educational Trust appears to be a small, well-established organization focused on educational support, as indicated by its NTEE code B82. Over the past decade, the organization has consistently operated with expenses often exceeding its revenue, leading to a gradual decline in its asset base from $388,482 in 2015 to $336,006 in 2023. For example, in 2023, the Trust reported revenue of $18,457 against expenses of $27,192, resulting in a deficit. This trend suggests that the Trust is primarily drawing down on its endowment or accumulated funds to support its programs, rather than relying on significant annual fundraising.

The Trust demonstrates strong financial transparency and efficiency in certain areas. A key strength is the consistent reporting of 0% officer compensation across all available filings, indicating that leadership is likely volunteer-based, which maximizes funds available for programs. The absence of liabilities in all reported periods also points to sound financial management and a lack of debt. However, the consistent operating deficit, while potentially part of a planned spending strategy for an endowment, warrants closer examination to ensure long-term sustainability if the asset base continues to decline without corresponding revenue growth or expense adjustments. The latest reported revenue of $26,229 against assets of $332,762 suggests a relatively stable, albeit declining, financial position.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chester A Long Educational Trust with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Chester A Long Educational Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a small trust of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Chester A Long Educational Trust's IRS 990 filings:

Consistent operating deficits (expenses exceeding revenue) over multiple years, leading to asset depletion.
Lack of significant revenue growth to offset consistent spending.

Strengths

The following positive indicators were identified for Chester A Long Educational Trust:

0% officer compensation, indicating volunteer leadership and maximizing program funds.
No reported liabilities across all filings, demonstrating sound financial management.
Strong program focus, with virtually all expenses directed towards the mission (implied by 0% officer comp and no fundraising expenses).
Consistent filing of IRS 990 forms, indicating good transparency.

Frequently Asked Questions about Chester A Long Educational Trust

Is Chester A Long Educational Trust a good charity?

Based on the available data, the Trust appears to be a good charity in terms of its program focus and lack of executive compensation. It consistently directs funds towards its mission without significant overhead for salaries or fundraising. However, its long-term financial sustainability, given the consistent operating deficits, is a point to consider.

How does the Trust fund its operations if expenses exceed revenue?

The Trust primarily funds its operations by drawing down on its accumulated assets. For instance, in 2023, with revenue of $18,457 and expenses of $27,192, the difference was covered by its asset base, which decreased from $336,006 to $332,762 (latest reported asset value).

What is the trend in the Trust's asset base?

The Trust's asset base has shown a consistent downward trend over the past decade, decreasing from $388,482 in 2015 to $336,006 in 2023, indicating that the organization is spending more than it generates in revenue annually.

Filing History

IRS 990 filing history for Chester A Long Educational Trust showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Chester A Long Educational Trust's revenue has grown by 94.7%, moving from $9K to $18K. Total assets increased by 83% over the same period, from $184K to $336K. Total functional expenses rose by 220.7%, from $8K to $27K. In its most recent filing year (2023), Chester A Long Educational Trust reported a deficit of $9K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$18K	$27K	$336K	$0	—	View 990
2022	$20K	$28K	$345K	$0	—	—
2021	$18K	$20K	$353K	$0	—	—
2020	$13K	$26K	$355K	$0	—	View 990
2019	$15K	$19K	$368K	$0	—	View 990
2018	$17K	$24K	$373K	$0	—	View 990
2017	$14K	$22K	$380K	$0	—	View 990
2016	$14K	$15K	$388K	$0	—	View 990
2015	$14K	$12K	$388K	$0	—	View 990
2014	$15K	$15K	$387K	$0	—	View 990
2013	$15K	$20K	$387K	$0	—	View 990
2012	$83	$16K	$392K	$0	—	View 990
2011	$9K	$8K	$184K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $18K, expenses of $27K, and assets of $336K (revenue -6.7% year-over-year).
2022: Revenue of $20K, expenses of $28K, and assets of $345K (revenue +8.2% year-over-year).
2021: Revenue of $18K, expenses of $20K, and assets of $353K (revenue +44.1% year-over-year).
2020: Revenue of $13K, expenses of $26K, and assets of $355K (revenue -12.8% year-over-year).
2019: Revenue of $15K, expenses of $19K, and assets of $368K (revenue -16.0% year-over-year).
2018: Revenue of $17K, expenses of $24K, and assets of $373K (revenue +23.9% year-over-year).
2017: Revenue of $14K, expenses of $22K, and assets of $380K (revenue +2.6% year-over-year).
2016: Revenue of $14K, expenses of $15K, and assets of $388K (revenue -3.0% year-over-year).
2015: Revenue of $14K, expenses of $12K, and assets of $388K (revenue -5.6% year-over-year).
2014: Revenue of $15K, expenses of $15K, and assets of $387K (revenue -1.0% year-over-year).
2013: Revenue of $15K, expenses of $20K, and assets of $387K (revenue +17997.6% year-over-year).
2012: Revenue of $83, expenses of $16K, and assets of $392K (revenue -99.1% year-over-year).
2011: Revenue of $9K, expenses of $8K, and assets of $184K.

Data Sources and Methodology

This transparency report for Chester A Long Educational Trust 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.