Jessica Elizabeth Luttrell Scholarship Foundation
Jessica Elizabeth Luttrell Scholarship Foundation's assets have declined by over 86% in a decade due to consistent net losses.
EIN: 141864397 · Dammeron Vly, UT · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $4K |
| Program Spending | 75% |
| Net Assets | $25K |
| Transparency Score | 40/100 |
Is Jessica Elizabeth Luttrell Scholarship Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jessica Elizabeth Luttrell Scholarship Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jessica Elizabeth Luttrell Scholarship Foundation
Jessica Elizabeth Luttrell Scholarship Foundation (EIN: 141864397) is a nonprofit organization based in Dammeron Vly, UT, classified under NTEE code B82. The organization reported total revenue of $1K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jessica Elizabeth Luttrell Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jessica Elizabeth Luttrell Scholarship Foundation is a micro 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 -14.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $4K |
| Surplus / Deficit | $-1,904 |
| Total Assets | $25K |
| Total Liabilities | $1 |
| Net Assets | $25K |
| Operating Margin | -93.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 75.1 months |
Financial Health Grade: B
In 2023, Jessica Elizabeth Luttrell Scholarship Foundation reported a deficit of $2K with expenses exceeding revenue, holds 75.1 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), Jessica Elizabeth Luttrell Scholarship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | -36.0% | -7.2% |
| 2022 | -47.5% | +5.6% | -12.0% |
| 2021 | +20.4% | -72.3% | -42.2% |
| 2020 | +7.2% | +6.2% | -18.8% |
| 2019 | -70.2% | -23.3% | -41.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Jessica Elizabeth Luttrell Scholarship Foundation with a Mission Score of 40 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: 75%
- fundraising: 10%
According to IRS 990 filings, Jessica Elizabeth Luttrell Scholarship Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for minimizing overhead costs.
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 Jessica Elizabeth Luttrell Scholarship Foundation's IRS 990 filings:
- Consistent net losses, with expenses frequently exceeding revenue (e.g., $3,936 expenses vs. $2,032 revenue in 2023).
- Significant and continuous decline in total assets over the past decade, from $176,634 in 2011 to $24,645 in 2023.
- Steep decline in annual revenue, from $13,532 in 2011 to $2,032 in 2023, indicating reduced donor support or fundraising capacity.
Strengths
The following positive indicators were identified for Jessica Elizabeth Luttrell Scholarship Foundation:
- Consistent IRS 990 filing history, demonstrating compliance with reporting requirements.
- Zero officer compensation reported across all filings, indicating volunteer leadership and potentially lower administrative overhead.
Frequently Asked Questions about Jessica Elizabeth Luttrell Scholarship Foundation
Is Jessica Elizabeth Luttrell Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jessica Elizabeth Luttrell Scholarship Foundation (EIN: 141864397) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Jessica Elizabeth Luttrell Scholarship Foundation spend its money?
Jessica Elizabeth Luttrell Scholarship Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jessica Elizabeth Luttrell Scholarship Foundation tax-deductible?
Jessica Elizabeth Luttrell Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 141864397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jessica Elizabeth Luttrell Scholarship Foundation's spending goes to programs?
Jessica Elizabeth Luttrell Scholarship Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jessica Elizabeth Luttrell Scholarship Foundation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Jessica Elizabeth Luttrell Scholarship Foundation 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 Jessica Elizabeth Luttrell Scholarship Foundation located?
Jessica Elizabeth Luttrell Scholarship Foundation is headquartered in Dammeron Vly, Utah and files with the IRS under EIN 141864397. It is classified under NTEE code B82.
How many years of IRS 990 filings does Jessica Elizabeth Luttrell Scholarship Foundation have?
Jessica Elizabeth Luttrell Scholarship 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 $1K in total revenue.
Is the Jessica Elizabeth Luttrell Scholarship Foundation financially sustainable?
Based on the consistent trend of expenses exceeding revenue and the significant decline in assets from $176,634 in 2011 to $24,645 in 2023, the organization's current financial model appears unsustainable.
What is the primary reason for the decline in assets?
The primary reason for the decline in assets is that the organization has consistently spent more than it has generated in revenue over the past decade, leading to a depletion of its financial reserves.
How does the lack of officer compensation impact the organization?
The lack of officer compensation suggests a volunteer-driven leadership, which helps keep administrative costs low. However, it has not prevented the overall financial decline of the foundation.
Filing History
IRS 990 filing history for Jessica Elizabeth Luttrell Scholarship Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jessica Elizabeth Luttrell Scholarship Foundation's revenue has declined by 85%, moving from $14K to $2K. Total assets decreased by 86% over the same period, from $177K to $25K. Total functional expenses fell by 86.8%, from $30K to $4K. In its most recent filing year (2023), Jessica Elizabeth Luttrell Scholarship Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $25K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $4K | $25K | $1 | — | — |
| 2022 | $3K | $6K | $27K | $1 | — | View 990 |
| 2021 | $5K | $6K | $30K | $1 | — | View 990 |
| 2020 | $4K | $21K | $52K | $1 | — | — |
| 2019 | $4K | $20K | $64K | $1 | — | View 990 |
| 2015 | $13K | $26K | $110K | $1 | — | View 990 |
| 2014 | $16K | $30K | $137K | $1 | — | View 990 |
| 2013 | $14K | $30K | $154K | $1 | — | View 990 |
| 2012 | $12K | $30K | $177K | $1 | — | View 990 |
| 2011 | $14K | $30K | $177K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $4K, and assets of $25K (revenue -19.7% year-over-year).
- 2022: Revenue of $3K, expenses of $6K, and assets of $27K (revenue -47.5% year-over-year).
- 2021: Revenue of $5K, expenses of $6K, and assets of $30K (revenue +20.4% year-over-year).
- 2020: Revenue of $4K, expenses of $21K, and assets of $52K (revenue +7.2% year-over-year).
- 2019: Revenue of $4K, expenses of $20K, and assets of $64K (revenue -70.2% year-over-year).
- 2015: Revenue of $13K, expenses of $26K, and assets of $110K (revenue -21.5% year-over-year).
- 2014: Revenue of $16K, expenses of $30K, and assets of $137K (revenue +13.9% year-over-year).
- 2013: Revenue of $14K, expenses of $30K, and assets of $154K (revenue +21.7% year-over-year).
- 2012: Revenue of $12K, expenses of $30K, and assets of $177K (revenue -14.8% year-over-year).
- 2011: Revenue of $14K, expenses of $30K, and assets of $177K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jessica Elizabeth Luttrell Scholarship Foundation:
Data Sources and Methodology
This transparency report for Jessica Elizabeth Luttrell Scholarship 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.