George A Laughlin Scholastic Prizes
EIN: 556016882 · Wheeling, WV
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $1K |
| Net Assets | $27K |
Is George A Laughlin Scholastic Prizes Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George A Laughlin Scholastic Prizes
George A Laughlin Scholastic Prizes (EIN: 556016882) is a nonprofit organization based in Wheeling, WV. The organization reported total revenue of $4K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George A Laughlin Scholastic Prizes's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George A Laughlin Scholastic Prizes is a micro nonprofit that has been operating for 54 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $1K |
| Surplus / Deficit | +$238 |
| Total Assets | $27K |
| Total Liabilities | $1 |
| Net Assets | $27K |
| Operating Margin | 18.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 307.6 months |
Financial Health Grade: A
In 2023, George A Laughlin Scholastic Prizes reported a surplus of $238 with revenue exceeding expenses, holds 307.6 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 (2011–2023), George A Laughlin Scholastic Prizes's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | -6.4% | +1.1% |
| 2022 | -80.9% | +14.3% | +0.8% |
| 2021 | +212.9% | -50.4% | +29.7% |
| 2020 | +7.2% | -3.5% | +1.3% |
| 2019 | -19.4% | -49.9% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George A Laughlin Scholastic Prizes 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 George A Laughlin Scholastic Prizes 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:
- The organization reported a surplus of $238, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about George A Laughlin Scholastic Prizes
Is George A Laughlin Scholastic Prizes a legitimate charity?
George A Laughlin Scholastic Prizes (EIN: 556016882) is a registered tax-exempt nonprofit based in West Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $4K. No red flags identified. Financial health grade: A.
How does George A Laughlin Scholastic Prizes spend its money?
George A Laughlin Scholastic Prizes reported $4K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to George A Laughlin Scholastic Prizes tax-deductible?
George A Laughlin Scholastic Prizes is registered as a tax-exempt nonprofit (EIN: 556016882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George A Laughlin Scholastic Prizes located?
George A Laughlin Scholastic Prizes is headquartered in Wheeling, West Virginia and files with the IRS under EIN 556016882.
How many years of IRS 990 filings does George A Laughlin Scholastic Prizes have?
George A Laughlin Scholastic Prizes 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 $4K in total revenue.
Filing History
IRS 990 filing history for George A Laughlin Scholastic Prizes showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), George A Laughlin Scholastic Prizes's revenue has grown by 17.2%, moving from $1K to $1K. Total assets increased by 20.2% over the same period, from $23K to $27K. Total functional expenses fell by 52.9%, from $2K to $1K. In its most recent filing year (2023), George A Laughlin Scholastic Prizes reported a surplus of $238, with revenue exceeding expenses. The organization holds $1 in liabilities against $27K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $1K | $27K | $1 | — | — |
| 2022 | $1K | $1K | $27K | $1 | — | — |
| 2021 | $7K | $992 | $27K | $1 | — | — |
| 2020 | $2K | $2K | $21K | $1 | — | View 990 |
| 2019 | $2K | $2K | $20K | $0 | — | View 990 |
| 2015 | $3K | $4K | $21K | $0 | — | View 990 |
| 2014 | $3K | $4K | $22K | $0 | — | View 990 |
| 2013 | $2K | $2K | $22K | $0 | — | View 990 |
| 2012 | $1K | $2K | $22K | $0 | — | View 990 |
| 2011 | $1K | $2K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $1K, and assets of $27K (revenue -4.2% year-over-year).
- 2022: Revenue of $1K, expenses of $1K, and assets of $27K (revenue -80.9% year-over-year).
- 2021: Revenue of $7K, expenses of $992, and assets of $27K (revenue +212.9% year-over-year).
- 2020: Revenue of $2K, expenses of $2K, and assets of $21K (revenue +7.2% year-over-year).
- 2019: Revenue of $2K, expenses of $2K, and assets of $20K (revenue -19.4% year-over-year).
- 2015: Revenue of $3K, expenses of $4K, and assets of $21K (revenue +1.2% year-over-year).
- 2014: Revenue of $3K, expenses of $4K, and assets of $22K (revenue +57.9% year-over-year).
- 2013: Revenue of $2K, expenses of $2K, and assets of $22K (revenue +13.3% year-over-year).
- 2012: Revenue of $1K, expenses of $2K, and assets of $22K (revenue +30.8% year-over-year).
- 2011: Revenue of $1K, expenses of $2K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George A Laughlin Scholastic Prizes:
Data Sources and Methodology
This transparency report for George A Laughlin Scholastic Prizes 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.