J L Weigand Jr Notre Dame Legal Education Tr
J L Weigand Jr Notre Dame Legal Education Tr faces significant financial challenges with consistent operating deficits and declining assets.
EIN: 166542975 · Kechi, KS · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $306K |
| Program Spending | 80% |
| Net Assets | $2.7M |
| Transparency Score | 45/100 |
Is J L Weigand Jr Notre Dame Legal Education Tr Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J L Weigand Jr Notre Dame Legal Education Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J L Weigand Jr Notre Dame Legal Education Tr
J L Weigand Jr Notre Dame Legal Education Tr (EIN: 166542975) is a nonprofit organization based in Kechi, KS, classified under NTEE code B82. The organization reported total revenue of $313K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J L Weigand Jr Notre Dame Legal Education Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J L Weigand Jr Notre Dame Legal Education Tr is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -21.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $306K |
| Surplus / Deficit | $-258,610 |
| Total Assets | $2.7M |
| Total Liabilities | $3K |
| Net Assets | $2.7M |
| Operating Margin | -540.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 103.9 months |
Financial Health Grade: B
In 2023, J L Weigand Jr Notre Dame Legal Education Tr reported a deficit of $259K with expenses exceeding revenue, holds 103.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), J L Weigand Jr Notre Dame Legal Education Tr's revenue has declined at a compound annual growth rate (CAGR) of -21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | -12.1% | +2.4% |
| 2022 | -73.7% | +6.1% | -24.3% |
| 2021 | +48539.6% | +30.5% | +0.5% |
| 2020 | -99.8% | -22.0% | -0.8% |
| 2019 | +7367.6% | +5.4% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 J L Weigand Jr Notre Dame Legal Education Tr with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, J L Weigand Jr Notre Dame Legal Education Tr allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 deficit of $259K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries, which is highly commendable for an organization of its asset size.
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.
Red Flags
The following concerns were identified during AI analysis of J L Weigand Jr Notre Dame Legal Education Tr's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $306,447 expenses vs. $47,837 revenue in 2023).
- Substantial decline in total assets over the past decade (from $4.5M in 2011 to $2.6M in 2023).
- Highly volatile annual revenue, making financial planning and stability challenging.
Strengths
The following positive indicators were identified for J L Weigand Jr Notre Dame Legal Education Tr:
- 0% officer compensation reported across all filings, indicating strong fiscal responsibility in executive pay.
- Maintains a significant asset base ($2.6M in 2023) despite consistent deficits, providing some buffer.
Frequently Asked Questions about J L Weigand Jr Notre Dame Legal Education Tr
Is J L Weigand Jr Notre Dame Legal Education Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, J L Weigand Jr Notre Dame Legal Education Tr (EIN: 166542975) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does J L Weigand Jr Notre Dame Legal Education Tr spend its money?
J L Weigand Jr Notre Dame Legal Education Tr directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to J L Weigand Jr Notre Dame Legal Education Tr tax-deductible?
J L Weigand Jr Notre Dame Legal Education Tr is registered as a tax-exempt nonprofit (EIN: 166542975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of J L Weigand Jr Notre Dame Legal Education Tr's spending goes to programs?
J L Weigand Jr Notre Dame Legal Education Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does J L Weigand Jr Notre Dame Legal Education Tr compare to similar nonprofits?
With a transparency score of 45/100 (Fair), J L Weigand Jr Notre Dame Legal Education Tr is near average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is J L Weigand Jr Notre Dame Legal Education Tr located?
J L Weigand Jr Notre Dame Legal Education Tr is headquartered in Kechi, Kansas and files with the IRS under EIN 166542975. It is classified under NTEE code B82.
How many years of IRS 990 filings does J L Weigand Jr Notre Dame Legal Education Tr have?
J L Weigand Jr Notre Dame Legal Education Tr 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 $313K in total revenue.
Is J L Weigand Jr Notre Dame Legal Education Tr financially sustainable?
Based on the consistent and significant operating deficits, with expenses far exceeding revenue in recent years (e.g., $306,447 expenses vs. $47,837 revenue in 2023), the organization's current financial model appears unsustainable in the long term without significant changes to revenue generation or expense management.
Why are the organization's assets declining?
The organization's assets have steadily declined from $4,539,949 in 2011 to $2,653,673 in 2023, primarily due to consistent operating deficits where annual expenses have frequently exceeded annual revenues by substantial margins.
What is the organization's primary source of revenue?
The provided data shows highly fluctuating revenue, with some years having very low income (e.g., $396 in 2020, $3,235 in 2015) and others higher (e.g., $855,157 in 2011, $241,576 in 2019). Without more detailed financial statements, it's difficult to pinpoint a consistent primary source, but the variability suggests reliance on unpredictable income streams or investment returns.
Filing History
IRS 990 filing history for J L Weigand Jr Notre Dame Legal Education Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), J L Weigand Jr Notre Dame Legal Education Tr's revenue has declined by 94.4%, moving from $855K to $48K. Total assets decreased by 41.5% over the same period, from $4.5M to $2.7M. Total functional expenses fell by 0.8%, from $309K to $306K. In its most recent filing year (2023), J L Weigand Jr Notre Dame Legal Education Tr reported a deficit of $259K, with expenses exceeding revenue. The organization holds $3K in liabilities against $2.7M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $306K | $2.7M | $3K | — | — |
| 2022 | $51K | $349K | $2.6M | $3K | — | — |
| 2021 | $193K | $329K | $3.4M | $2K | — | — |
| 2020 | $396 | $252K | $3.4M | $6K | — | — |
| 2019 | $242K | $323K | $3.4M | $0 | — | View 990 |
| 2015 | $3K | $306K | $3.8M | $0 | — | View 990 |
| 2014 | $232K | $283K | $4.3M | $0 | — | View 990 |
| 2013 | $93K | $320K | $4.2M | $0 | — | View 990 |
| 2012 | $280K | $282K | $4.5M | $0 | — | View 990 |
| 2011 | $855K | $309K | $4.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $306K, and assets of $2.7M (revenue -5.4% year-over-year).
- 2022: Revenue of $51K, expenses of $349K, and assets of $2.6M (revenue -73.7% year-over-year).
- 2021: Revenue of $193K, expenses of $329K, and assets of $3.4M (revenue +48539.6% year-over-year).
- 2020: Revenue of $396, expenses of $252K, and assets of $3.4M (revenue -99.8% year-over-year).
- 2019: Revenue of $242K, expenses of $323K, and assets of $3.4M (revenue +7367.6% year-over-year).
- 2015: Revenue of $3K, expenses of $306K, and assets of $3.8M (revenue -98.6% year-over-year).
- 2014: Revenue of $232K, expenses of $283K, and assets of $4.3M (revenue +148.1% year-over-year).
- 2013: Revenue of $93K, expenses of $320K, and assets of $4.2M (revenue -66.7% year-over-year).
- 2012: Revenue of $280K, expenses of $282K, and assets of $4.5M (revenue -67.2% year-over-year).
- 2011: Revenue of $855K, expenses of $309K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J L Weigand Jr Notre Dame Legal Education Tr:
Data Sources and Methodology
This transparency report for J L Weigand Jr Notre Dame Legal Education 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.