General Professional Liability Lass Fund Trust Agreement
EIN: 371035542 · Pittsburgh, PA
| Metric | Value |
|---|---|
| Total Revenue | $122.2M |
| Total Expenses | $51.6M |
| Net Assets | $165.6M |
Is General Professional Liability Lass Fund Trust Agreement Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About General Professional Liability Lass Fund Trust Agreement
General Professional Liability Lass Fund Trust Agreement (EIN: 371035542) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $122.2M and total assets of $165.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of General Professional Liability Lass Fund Trust Agreement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
General Professional Liability Lass Fund Trust Agreement is a major nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $37.3M |
| Total Expenses | $51.6M |
| Surplus / Deficit | $-14,325,665 |
| Total Assets | $165.6M |
| Net Assets | $165.6M |
| Operating Margin | -38.4% |
| Months of Reserves | 38.5 months |
Financial Health Grade: B
In 2022, General Professional Liability Lass Fund Trust Agreement reported a deficit of $14.3M with expenses exceeding revenue, holds 38.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), General Professional Liability Lass Fund Trust Agreement's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -8.1% | +35.7% | -8.4% |
| 2021 | -54.6% | -16.1% | +1.3% |
| 2020 | +763.2% | +45.3% | +31.8% |
| 2019 | -54.9% | +2.5% | -13.3% |
| 2018 | -40.5% | +209.1% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for General Professional Liability Lass Fund Trust Agreement 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 General Professional Liability Lass Fund Trust Agreement 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14.3M, with expenses exceeding revenue.
Frequently Asked Questions about General Professional Liability Lass Fund Trust Agreement
Is General Professional Liability Lass Fund Trust Agreement a legitimate charity?
General Professional Liability Lass Fund Trust Agreement (EIN: 371035542) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $122.2M. No red flags identified. Financial health grade: B.
How does General Professional Liability Lass Fund Trust Agreement spend its money?
General Professional Liability Lass Fund Trust Agreement reported $122.2M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to General Professional Liability Lass Fund Trust Agreement tax-deductible?
General Professional Liability Lass Fund Trust Agreement is registered as a tax-exempt nonprofit (EIN: 371035542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is General Professional Liability Lass Fund Trust Agreement located?
General Professional Liability Lass Fund Trust Agreement is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 371035542.
How many years of IRS 990 filings does General Professional Liability Lass Fund Trust Agreement have?
General Professional Liability Lass Fund Trust Agreement has 12 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 $122.2M in total revenue.
Filing History
IRS 990 filing history for General Professional Liability Lass Fund Trust Agreement showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), General Professional Liability Lass Fund Trust Agreement's revenue has grown by 43.7%, moving from $26.0M to $37.3M. Total assets increased by 71.7% over the same period, from $96.4M to $165.6M. Total functional expenses rose by 258.4%, from $14.4M to $51.6M. In its most recent filing year (2022), General Professional Liability Lass Fund Trust Agreement reported a deficit of $14.3M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $37.3M | $51.6M | $165.6M | $0 | — | View 990 |
| 2021 | $40.6M | $38.0M | $180.8M | $0 | — | View 990 |
| 2020 | $89.4M | $45.3M | $178.5M | $0 | — | View 990 |
| 2019 | $10.4M | $31.2M | $135.4M | $0 | — | View 990 |
| 2018 | $23.0M | $30.5M | $156.3M | $0 | — | View 990 |
| 2017 | $38.6M | $9.9M | $163.7M | $0 | — | View 990 |
| 2016 | $27.2M | $19.2M | $135.0M | $0 | — | View 990 |
| 2015 | $32.2M | $29.4M | $127.0M | $0 | — | View 990 |
| 2014 | $30.3M | $21.0M | $124.6M | $0 | — | View 990 |
| 2013 | $29.2M | $19.8M | $94.0M | $0 | — | View 990 |
| 2012 | $29.7M | $20.0M | $86.1M | $0 | — | View 990 |
| 2011 | $26.0M | $14.4M | $96.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $37.3M, expenses of $51.6M, and assets of $165.6M (revenue -8.1% year-over-year).
- 2021: Revenue of $40.6M, expenses of $38.0M, and assets of $180.8M (revenue -54.6% year-over-year).
- 2020: Revenue of $89.4M, expenses of $45.3M, and assets of $178.5M (revenue +763.2% year-over-year).
- 2019: Revenue of $10.4M, expenses of $31.2M, and assets of $135.4M (revenue -54.9% year-over-year).
- 2018: Revenue of $23.0M, expenses of $30.5M, and assets of $156.3M (revenue -40.5% year-over-year).
- 2017: Revenue of $38.6M, expenses of $9.9M, and assets of $163.7M (revenue +41.8% year-over-year).
- 2016: Revenue of $27.2M, expenses of $19.2M, and assets of $135.0M (revenue -15.4% year-over-year).
- 2015: Revenue of $32.2M, expenses of $29.4M, and assets of $127.0M (revenue +6.1% year-over-year).
- 2014: Revenue of $30.3M, expenses of $21.0M, and assets of $124.6M (revenue +3.9% year-over-year).
- 2013: Revenue of $29.2M, expenses of $19.8M, and assets of $94.0M (revenue -1.9% year-over-year).
- 2012: Revenue of $29.7M, expenses of $20.0M, and assets of $86.1M (revenue +14.5% year-over-year).
- 2011: Revenue of $26.0M, expenses of $14.4M, and assets of $96.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for General Professional Liability Lass Fund Trust Agreement:
Data Sources and Methodology
This transparency report for General Professional Liability Lass Fund Trust Agreement 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.