H William Lurton Foundation
EIN: 363492652 · Shorewood, MN
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $50K |
| Net Assets | $1.3M |
Is H William Lurton 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 William Lurton Foundation
H William Lurton Foundation (EIN: 363492652) is a nonprofit organization based in Shorewood, MN. The organization reported total revenue of $2.2M and total assets of $509K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H William Lurton Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H William Lurton Foundation is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $435K |
| Total Expenses | $50K |
| Surplus / Deficit | +$385K |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | 88.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 311.3 months |
Financial Health Grade: A
In 2023, H William Lurton Foundation reported a surplus of $385K with revenue exceeding expenses, holds 311.3 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), H William Lurton Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | -58.7% | +41.6% |
| 2022 | +1363.7% | +44.8% | +36.5% |
| 2021 | -71.7% | +62.0% | -7.6% |
| 2020 | -66.9% | -11.4% | +5.3% |
| 2019 | +113.8% | +107.6% | +68.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for H William Lurton 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 William Lurton 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 $385K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about H William Lurton Foundation
Is H William Lurton Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, H William Lurton Foundation (EIN: 363492652) insufficient data. 0 red flags identified, 0 strengths noted.
How does H William Lurton Foundation spend its money?
Detailed spending breakdown data is not yet available for H William Lurton Foundation. Check back for updated IRS 990 analysis.
Are donations to H William Lurton Foundation tax-deductible?
H William Lurton Foundation is registered as a tax-exempt nonprofit (EIN: 363492652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is H William Lurton Foundation located?
H William Lurton Foundation is headquartered in Shorewood, Minnesota and files with the IRS under EIN 363492652.
How many years of IRS 990 filings does H William Lurton Foundation have?
H William Lurton Foundation 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for H William Lurton Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), H William Lurton Foundation's revenue has grown by 1691.8%, moving from $24K to $435K. Total assets increased by 350.2% over the same period, from $291K to $1.3M. Total functional expenses fell by 13.2%, from $58K to $50K. In its most recent filing year (2023), H William Lurton Foundation reported a surplus of $385K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $435K | $50K | $1.3M | $1 | — | View 990 |
| 2022 | $369K | $122K | $924K | $1 | — | View 990 |
| 2021 | $25K | $84K | $677K | $1 | — | View 990 |
| 2020 | $89K | $52K | $733K | $1 | — | — |
| 2019 | $269K | $59K | $696K | $0 | — | View 990 |
| 2015 | $126K | $28K | $414K | $552 | — | View 990 |
| 2014 | $40K | $27K | $317K | $552 | — | View 990 |
| 2013 | $33K | $47K | $304K | $552 | — | View 990 |
| 2012 | $64K | $37K | $318K | $527 | — | View 990 |
| 2011 | $24K | $58K | $291K | $527 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $435K, expenses of $50K, and assets of $1.3M (revenue +17.8% year-over-year).
- 2022: Revenue of $369K, expenses of $122K, and assets of $924K (revenue +1363.7% year-over-year).
- 2021: Revenue of $25K, expenses of $84K, and assets of $677K (revenue -71.7% year-over-year).
- 2020: Revenue of $89K, expenses of $52K, and assets of $733K (revenue -66.9% year-over-year).
- 2019: Revenue of $269K, expenses of $59K, and assets of $696K (revenue +113.8% year-over-year).
- 2015: Revenue of $126K, expenses of $28K, and assets of $414K (revenue +217.2% year-over-year).
- 2014: Revenue of $40K, expenses of $27K, and assets of $317K (revenue +18.9% year-over-year).
- 2013: Revenue of $33K, expenses of $47K, and assets of $304K (revenue -47.7% year-over-year).
- 2012: Revenue of $64K, expenses of $37K, and assets of $318K (revenue +162.6% year-over-year).
- 2011: Revenue of $24K, expenses of $58K, and assets of $291K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for H William Lurton Foundation:
Data Sources and Methodology
This transparency report for H William Lurton 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.