Helen And Leo Richardson Charitable Tr
Helen And Leo Richardson Charitable Tr maintains stable assets and no liabilities with consistent revenue growth.
EIN: 146250253 · Church View, VA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $51K |
| Program Spending | 80% |
| Net Assets | $858K |
| Transparency Score | 85/100 |
Is Helen And Leo Richardson Charitable Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helen And Leo Richardson Charitable Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helen And Leo Richardson Charitable Tr
Helen And Leo Richardson Charitable Tr (EIN: 146250253) is a nonprofit organization based in Church View, VA, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helen And Leo Richardson Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helen And Leo Richardson Charitable Tr is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $51K |
| Surplus / Deficit | +$6K |
| Total Assets | $858K |
| Net Assets | $858K |
| Operating Margin | 10.6% |
| Months of Reserves | 202.9 months |
Financial Health Grade: A
In 2023, Helen And Leo Richardson Charitable Tr reported a surplus of $6K with revenue exceeding expenses, holds 202.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Helen And Leo Richardson Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +24.5% | +0.7% |
| 2022 | +8.4% | +24.4% | +1.5% |
| 2021 | +3.0% | -67.5% | +2.0% |
| 2020 | +3.6% | +174.0% | -7.4% |
| 2019 | +10.2% | +48.4% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Helen And Leo Richardson Charitable Tr with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Helen And Leo Richardson Charitable Tr allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Helen And Leo Richardson Charitable Tr:
- Consistent asset growth over the past decade, from $830,223 in 2014 to $858,453 in 2023.
- Zero liabilities reported across all available filing periods, indicating strong financial solvency.
- No officer compensation reported, suggesting efficient use of funds for its charitable purpose.
- Stable and generally increasing revenue stream, from $25,048 in 2014 to $56,788 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
Frequently Asked Questions about Helen And Leo Richardson Charitable Tr
Is Helen And Leo Richardson Charitable Tr a legitimate charity?
Helen And Leo Richardson Charitable Tr (EIN: 146250253) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Helen And Leo Richardson Charitable Tr spend its money?
Helen And Leo Richardson Charitable Tr directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Helen And Leo Richardson Charitable Tr tax-deductible?
Helen And Leo Richardson Charitable Tr is registered as a tax-exempt nonprofit (EIN: 146250253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Helen And Leo Richardson Charitable Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Helen And Leo Richardson Charitable Tr is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helen And Leo Richardson Charitable Tr located?
Helen And Leo Richardson Charitable Tr is headquartered in Church View, Virginia and files with the IRS under EIN 146250253. It is classified under NTEE code T22.
How many years of IRS 990 filings does Helen And Leo Richardson Charitable Tr have?
Helen And Leo Richardson Charitable Tr 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 $1.3M in total revenue.
What specific programs does the Helen And Leo Richardson Charitable Tr fund?
The provided data does not detail the specific programs or grants made by the Helen And Leo Richardson Charitable Tr. Further investigation into their 990-PF filings would be necessary to understand their grant-making activities.
How does the organization manage its investments to generate revenue?
The consistent revenue generation, ranging from $25,048 to $56,788 annually, suggests the organization likely manages an investment portfolio. The growth in assets from $830,223 in 2014 to $858,453 in 2023, despite annual expenses, supports this, but specific investment strategies are not detailed in the summary data.
What is the NTEE code T22 and how does it relate to the organization's activities?
NTEE code T22 typically refers to 'Private Grantmaking Foundations'. This aligns with the financial characteristics observed, suggesting the organization primarily functions by making grants to other non-profits or individuals, rather than directly operating programs.
Filing History
IRS 990 filing history for Helen And Leo Richardson Charitable Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Helen And Leo Richardson Charitable Tr's revenue has grown by 235.7%, moving from $17K to $57K. Total assets decreased by 0.3% over the same period, from $861K to $858K. Total functional expenses rose by 7001.4%, from $715 to $51K. In its most recent filing year (2023), Helen And Leo Richardson Charitable Tr reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $51K | $858K | $0 | — | View 990 |
| 2022 | $53K | $41K | $852K | $0 | — | View 990 |
| 2021 | $49K | $33K | $840K | $0 | — | View 990 |
| 2020 | $48K | $101K | $824K | $0 | — | View 990 |
| 2019 | $46K | $37K | $890K | $0 | — | View 990 |
| 2018 | $42K | $25K | $880K | $0 | — | View 990 |
| 2017 | $33K | $25K | $852K | $0 | — | View 990 |
| 2016 | $30K | $37K | $831K | $0 | — | View 990 |
| 2015 | $28K | $21K | $837K | $0 | — | View 990 |
| 2014 | $25K | $36K | $830K | $0 | — | View 990 |
| 2013 | $30K | $29K | $841K | $0 | — | View 990 |
| 2012 | $20K | $41K | $840K | $0 | — | View 990 |
| 2011 | $17K | $715 | $861K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $51K, and assets of $858K (revenue +6.9% year-over-year).
- 2022: Revenue of $53K, expenses of $41K, and assets of $852K (revenue +8.4% year-over-year).
- 2021: Revenue of $49K, expenses of $33K, and assets of $840K (revenue +3.0% year-over-year).
- 2020: Revenue of $48K, expenses of $101K, and assets of $824K (revenue +3.6% year-over-year).
- 2019: Revenue of $46K, expenses of $37K, and assets of $890K (revenue +10.2% year-over-year).
- 2018: Revenue of $42K, expenses of $25K, and assets of $880K (revenue +25.0% year-over-year).
- 2017: Revenue of $33K, expenses of $25K, and assets of $852K (revenue +10.0% year-over-year).
- 2016: Revenue of $30K, expenses of $37K, and assets of $831K (revenue +9.5% year-over-year).
- 2015: Revenue of $28K, expenses of $21K, and assets of $837K (revenue +10.5% year-over-year).
- 2014: Revenue of $25K, expenses of $36K, and assets of $830K (revenue -15.2% year-over-year).
- 2013: Revenue of $30K, expenses of $29K, and assets of $841K (revenue +47.3% year-over-year).
- 2012: Revenue of $20K, expenses of $41K, and assets of $840K (revenue +18.5% year-over-year).
- 2011: Revenue of $17K, expenses of $715, and assets of $861K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helen And Leo Richardson Charitable Tr:
Data Sources and Methodology
This transparency report for Helen And Leo Richardson Charitable Tr 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.