Jack R Lobrano Trust
EIN: 646208145 · Ridgeland, MS
| Metric | Value |
|---|---|
| Total Revenue | $253K |
| Total Expenses | $74K |
| Net Assets | $1.3M |
Is Jack R Lobrano Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jack R Lobrano Trust
Jack R Lobrano Trust (EIN: 646208145) is a nonprofit organization based in Ridgeland, MS. The organization reported total revenue of $253K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack R Lobrano Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack R Lobrano Trust is a small nonprofit, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -20.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $74K |
| Surplus / Deficit | +$24K |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 218.0 months |
Financial Health Grade: A
In 2023, Jack R Lobrano Trust reported a surplus of $24K with revenue exceeding expenses, holds 218.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2019–2023), Jack R Lobrano Trust's revenue has declined at a compound annual growth rate (CAGR) of -20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.3% | -43.8% | +1.9% |
| 2022 | -50.9% | +24.1% | -3.7% |
| 2021 | -31.3% | -11.3% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jack R Lobrano Trust 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 Jack R Lobrano Trust 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 $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Jack R Lobrano Trust
Is Jack R Lobrano Trust a legitimate charity?
Jack R Lobrano Trust (EIN: 646208145) is a registered tax-exempt nonprofit based in Mississippi. It has 4 years of IRS 990 filings on record. Total revenue: $253K. No red flags identified. Financial health grade: A.
How does Jack R Lobrano Trust spend its money?
Jack R Lobrano Trust reported $253K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jack R Lobrano Trust tax-deductible?
Jack R Lobrano Trust is registered as a tax-exempt nonprofit (EIN: 646208145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jack R Lobrano Trust located?
Jack R Lobrano Trust is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 646208145.
How many years of IRS 990 filings does Jack R Lobrano Trust have?
Jack R Lobrano Trust has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $253K in total revenue.
Filing History
IRS 990 filing history for Jack R Lobrano Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Jack R Lobrano Trust's revenue has declined by 59.1%, moving from $240K to $98K. Total assets increased by 0.8% over the same period, from $1.3M to $1.3M. Total functional expenses fell by 38.1%, from $119K to $74K. In its most recent filing year (2023), Jack R Lobrano Trust reported a surplus of $24K, 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 | $98K | $74K | $1.3M | $1 | — | — |
| 2022 | $81K | $131K | $1.3M | $1 | — | View 990 |
| 2021 | $165K | $105K | $1.4M | $1 | — | — |
| 2019 | $240K | $119K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $74K, and assets of $1.3M (revenue +21.3% year-over-year).
- 2022: Revenue of $81K, expenses of $131K, and assets of $1.3M (revenue -50.9% year-over-year).
- 2021: Revenue of $165K, expenses of $105K, and assets of $1.4M (revenue -31.3% year-over-year).
- 2019: Revenue of $240K, expenses of $119K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack R Lobrano Trust:
Data Sources and Methodology
This transparency report for Jack R Lobrano Trust 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.