Dorothy & Lee Roy Parks Charitable Trust
EIN: 486336224 · Minneapolis, KS · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $229K |
| Net Assets | $1.2M |
Is Dorothy & Lee Roy Parks Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dorothy & Lee Roy Parks Charitable Trust
Dorothy & Lee Roy Parks Charitable Trust (EIN: 486336224) is a nonprofit organization based in Minneapolis, KS, classified under NTEE code T20Z. The organization reported total revenue of $240K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dorothy & Lee Roy Parks Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dorothy & Lee Roy Parks Charitable Trust is a small nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $229K |
| Surplus / Deficit | $-12,441 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 62.1 months |
Financial Health Grade: B
In 2024, Dorothy & Lee Roy Parks Charitable Trust reported a deficit of $12K with expenses exceeding revenue, holds 62.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Dorothy & Lee Roy Parks Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.8% | -7.8% | -1.0% |
| 2023 | +1.1% | +5.2% | -0.7% |
| 2022 | -4.6% | +17.0% | +0.1% |
| 2021 | +9.6% | -11.0% | +4.1% |
| 2020 | +47.1% | +23.5% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dorothy & Lee Roy Parks Charitable Trust 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 Dorothy & Lee Roy Parks Charitable Trust 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Dorothy & Lee Roy Parks Charitable Trust
Is Dorothy & Lee Roy Parks Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Dorothy & Lee Roy Parks Charitable Trust (EIN: 486336224) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dorothy & Lee Roy Parks Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Dorothy & Lee Roy Parks Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Dorothy & Lee Roy Parks Charitable Trust tax-deductible?
Dorothy & Lee Roy Parks Charitable Trust is registered as a tax-exempt nonprofit (EIN: 486336224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dorothy & Lee Roy Parks Charitable Trust located?
Dorothy & Lee Roy Parks Charitable Trust is headquartered in Minneapolis, Kansas and files with the IRS under EIN 486336224. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Dorothy & Lee Roy Parks Charitable Trust have?
Dorothy & Lee Roy Parks Charitable Trust 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 $240K in total revenue.
Filing History
IRS 990 filing history for Dorothy & Lee Roy Parks Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Dorothy & Lee Roy Parks Charitable Trust's revenue has grown by 21.4%, moving from $179K to $217K. Total assets decreased by 7.9% over the same period, from $1.3M to $1.2M. Total functional expenses rose by 29.1%, from $178K to $229K. In its most recent filing year (2024), Dorothy & Lee Roy Parks Charitable Trust reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $217K | $229K | $1.2M | $1 | — | — |
| 2023 | $240K | $249K | $1.2M | $1 | — | View 990 |
| 2022 | $238K | $236K | $1.2M | $1 | — | View 990 |
| 2021 | $249K | $202K | $1.2M | $1 | — | View 990 |
| 2020 | $228K | $227K | $1.2M | $1 | — | View 990 |
| 2016 | $155K | $184K | $1.3M | $1 | — | View 990 |
| 2015 | $185K | $201K | $1.3M | $1 | — | View 990 |
| 2014 | $211K | $201K | $1.3M | $1 | — | View 990 |
| 2013 | $215K | $208K | $1.3M | $1 | — | View 990 |
| 2012 | $179K | $178K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $217K, expenses of $229K, and assets of $1.2M (revenue -9.8% year-over-year).
- 2023: Revenue of $240K, expenses of $249K, and assets of $1.2M (revenue +1.1% year-over-year).
- 2022: Revenue of $238K, expenses of $236K, and assets of $1.2M (revenue -4.6% year-over-year).
- 2021: Revenue of $249K, expenses of $202K, and assets of $1.2M (revenue +9.6% year-over-year).
- 2020: Revenue of $228K, expenses of $227K, and assets of $1.2M (revenue +47.1% year-over-year).
- 2016: Revenue of $155K, expenses of $184K, and assets of $1.3M (revenue -16.3% year-over-year).
- 2015: Revenue of $185K, expenses of $201K, and assets of $1.3M (revenue -12.6% year-over-year).
- 2014: Revenue of $211K, expenses of $201K, and assets of $1.3M (revenue -1.7% year-over-year).
- 2013: Revenue of $215K, expenses of $208K, and assets of $1.3M (revenue +20.4% year-over-year).
- 2012: Revenue of $179K, expenses of $178K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dorothy & Lee Roy Parks Charitable Trust:
Data Sources and Methodology
This transparency report for Dorothy & Lee Roy Parks Charitable 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.