Labarge Coating Llc Health Benefits Trust
EIN: 270610492 · Chicago, IL · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Net Assets | $-102,008 |
Is Labarge Coating Llc Health Benefits Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Labarge Coating Llc Health Benefits Trust
Labarge Coating Llc Health Benefits Trust (EIN: 270610492) is a nonprofit organization based in Chicago, IL, classified under NTEE code Y43. The organization reported total revenue of $1.1M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Labarge Coating Llc Health Benefits Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Labarge Coating Llc Health Benefits Trust is a mid-size nonprofit that has been operating for 16 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-23,549 |
| Total Assets | $0 |
| Total Liabilities | $102K |
| Net Assets | $-102,008 |
| Operating Margin | -2.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2019, Labarge Coating Llc Health Benefits Trust reported a deficit of $24K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2011–2019), Labarge Coating Llc Health Benefits Trust's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -11.8% | -10.5% | -100.0% |
| 2018 | -0.3% | +1.0% | +45.7% |
| 2017 | +4.7% | +19.0% | +818.8% |
| 2016 | -25.3% | -41.3% | -87.7% |
| 2015 | +1.2% | +17.2% | -79.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Labarge Coating Llc Health Benefits 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 Labarge Coating Llc Health Benefits 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
Frequently Asked Questions about Labarge Coating Llc Health Benefits Trust
Is Labarge Coating Llc Health Benefits Trust a legitimate charity?
Labarge Coating Llc Health Benefits Trust (EIN: 270610492) is a registered tax-exempt nonprofit based in Illinois. It has 9 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: D.
How does Labarge Coating Llc Health Benefits Trust spend its money?
Labarge Coating Llc Health Benefits Trust reported $1.1M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Labarge Coating Llc Health Benefits Trust tax-deductible?
Labarge Coating Llc Health Benefits Trust is registered as a tax-exempt nonprofit (EIN: 270610492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Labarge Coating Llc Health Benefits Trust located?
Labarge Coating Llc Health Benefits Trust is headquartered in Chicago, Illinois and files with the IRS under EIN 270610492. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Labarge Coating Llc Health Benefits Trust have?
Labarge Coating Llc Health Benefits Trust has 9 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Labarge Coating Llc Health Benefits Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Labarge Coating Llc Health Benefits Trust's revenue has grown by 99.4%, moving from $552K to $1.1M. Total functional expenses rose by 97.8%, from $569K to $1.1M. In its most recent filing year (2019), Labarge Coating Llc Health Benefits Trust reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1.1M | $1.1M | $0 | $102K | — | — |
| 2018 | $1.2M | $1.3M | $34K | $112K | — | View 990 |
| 2017 | $1.3M | $1.2M | $23K | $94K | — | — |
| 2016 | $1.2M | $1.0M | $3K | $81K | — | View 990 |
| 2015 | $1.6M | $1.8M | $21K | $249K | — | View 990 |
| 2014 | $1.6M | $1.5M | $98K | $145K | — | View 990 |
| 2013 | $919K | $955K | $1K | $109K | — | View 990 |
| 2012 | $1.1M | $1.0M | $135 | $72K | — | View 990 |
| 2011 | $552K | $569K | $0 | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $0 (revenue -11.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $34K (revenue -0.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $23K (revenue +4.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.0M, and assets of $3K (revenue -25.3% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.8M, and assets of $21K (revenue +1.2% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $98K (revenue +72.0% year-over-year).
- 2013: Revenue of $919K, expenses of $955K, and assets of $1K (revenue -13.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $135 (revenue +91.8% year-over-year).
- 2011: Revenue of $552K, expenses of $569K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Labarge Coating Llc Health Benefits Trust:
Data Sources and Methodology
This transparency report for Labarge Coating Llc Health Benefits 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.