H U Lee Memorial Foundation
EIN: 710696757 · Little Rock, AR · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $64K |
| Net Assets | $444K |
Is H U Lee Memorial Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About H U Lee Memorial Foundation
H U Lee Memorial Foundation (EIN: 710696757) is a nonprofit organization based in Little Rock, AR, classified under NTEE code B82. The organization reported total revenue of $76K and total assets of $572K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H U Lee Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H U Lee Memorial Foundation is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $64K |
| Surplus / Deficit | +$32K |
| Total Assets | $546K |
| Total Liabilities | $102K |
| Net Assets | $444K |
| Operating Margin | 33.8% |
| Debt-to-Asset Ratio | 18.6% |
| Months of Reserves | 102.9 months |
Financial Health Grade: A
In 2023, H U Lee Memorial Foundation reported a surplus of $32K with revenue exceeding expenses, holds 102.9 months of operating reserves (strong position), has a debt-to-asset ratio of 18.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), H U Lee Memorial Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +556.1% | +169.4% | +12.0% |
| 2022 | -67.1% | -39.6% | -2.3% |
| 2021 | +156.5% | +162.0% | -1.1% |
| 2020 | -75.2% | -75.2% | -5.4% |
| 2019 | +49.8% | +60.2% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for H U Lee Memorial 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 H U Lee Memorial 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:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.6%.
Frequently Asked Questions about H U Lee Memorial Foundation
Is H U Lee Memorial Foundation a legitimate charity?
H U Lee Memorial Foundation (EIN: 710696757) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $76K. No red flags identified. Financial health grade: A.
How does H U Lee Memorial Foundation spend its money?
H U Lee Memorial Foundation reported $76K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to H U Lee Memorial Foundation tax-deductible?
H U Lee Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 710696757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is H U Lee Memorial Foundation located?
H U Lee Memorial Foundation is headquartered in Little Rock, Arkansas and files with the IRS under EIN 710696757. It is classified under NTEE code B82.
How many years of IRS 990 filings does H U Lee Memorial Foundation have?
H U Lee Memorial Foundation has 13 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 $76K in total revenue.
Filing History
IRS 990 filing history for H U Lee Memorial Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), H U Lee Memorial Foundation's revenue has declined by 55.5%, moving from $216K to $96K. Total assets increased by 37.9% over the same period, from $396K to $546K. Total functional expenses fell by 62.2%, from $168K to $64K. In its most recent filing year (2023), H U Lee Memorial Foundation reported a surplus of $32K, with revenue exceeding expenses. The organization holds $102K in liabilities against $546K in assets (debt-to-asset ratio: 18.6%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $64K | $546K | $102K | — | — |
| 2022 | $15K | $24K | $488K | $76K | — | View 990 |
| 2021 | $45K | $39K | $499K | $78K | — | — |
| 2020 | $17K | $15K | $505K | $89K | — | — |
| 2019 | $70K | $60K | $534K | $121K | — | View 990 |
| 2018 | $47K | $38K | $510K | $107K | — | View 990 |
| 2017 | $61K | $48K | $499K | $105K | — | View 990 |
| 2016 | $76K | $40K | $503K | $122K | — | View 990 |
| 2015 | $92K | $43K | $489K | $142K | — | View 990 |
| 2014 | $120K | $170K | $474K | $169K | — | View 990 |
| 2013 | $264K | $198K | $467K | $105K | — | View 990 |
| 2012 | $192K | $255K | $400K | $102K | — | View 990 |
| 2011 | $216K | $168K | $396K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $64K, and assets of $546K (revenue +556.1% year-over-year).
- 2022: Revenue of $15K, expenses of $24K, and assets of $488K (revenue -67.1% year-over-year).
- 2021: Revenue of $45K, expenses of $39K, and assets of $499K (revenue +156.5% year-over-year).
- 2020: Revenue of $17K, expenses of $15K, and assets of $505K (revenue -75.2% year-over-year).
- 2019: Revenue of $70K, expenses of $60K, and assets of $534K (revenue +49.8% year-over-year).
- 2018: Revenue of $47K, expenses of $38K, and assets of $510K (revenue -23.4% year-over-year).
- 2017: Revenue of $61K, expenses of $48K, and assets of $499K (revenue -20.0% year-over-year).
- 2016: Revenue of $76K, expenses of $40K, and assets of $503K (revenue -17.2% year-over-year).
- 2015: Revenue of $92K, expenses of $43K, and assets of $489K (revenue -23.0% year-over-year).
- 2014: Revenue of $120K, expenses of $170K, and assets of $474K (revenue -54.5% year-over-year).
- 2013: Revenue of $264K, expenses of $198K, and assets of $467K (revenue +37.0% year-over-year).
- 2012: Revenue of $192K, expenses of $255K, and assets of $400K (revenue -10.9% year-over-year).
- 2011: Revenue of $216K, expenses of $168K, and assets of $396K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H U Lee Memorial Foundation:
Data Sources and Methodology
This transparency report for H U Lee Memorial 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.