Langston Companies Inc Benefits Programs Trust
EIN: 581573232 · Memphis, TN
| Metric | Value |
|---|---|
| Total Revenue | $776K |
| Total Expenses | $743K |
| Net Assets | $773K |
Is Langston Companies Inc Benefits Programs Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Langston Companies Inc Benefits Programs Trust
Langston Companies Inc Benefits Programs Trust (EIN: 581573232) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $776K and total assets of $670K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Langston Companies Inc Benefits Programs Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Langston Companies Inc Benefits Programs Trust is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $743K |
| Surplus / Deficit | +$345K |
| Total Assets | $831K |
| Total Liabilities | $58K |
| Net Assets | $773K |
| Operating Margin | 31.7% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Langston Companies Inc Benefits Programs Trust reported a surplus of $345K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Langston Companies Inc Benefits Programs Trust's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | -26.6% | +69.4% |
| 2022 | -0.3% | +26.4% | +9.6% |
| 2021 | -8.8% | -39.2% | +194.9% |
| 2020 | -4.2% | +9.9% | -54.5% |
| 2019 | -10.2% | -0.6% | -22.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Langston Companies Inc Benefits Programs 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 Langston Companies Inc Benefits Programs 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 $345K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.0%.
Frequently Asked Questions about Langston Companies Inc Benefits Programs Trust
Is Langston Companies Inc Benefits Programs Trust a legitimate charity?
Langston Companies Inc Benefits Programs Trust (EIN: 581573232) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $776K. No red flags identified. Financial health grade: A.
How does Langston Companies Inc Benefits Programs Trust spend its money?
Langston Companies Inc Benefits Programs Trust reported $776K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Langston Companies Inc Benefits Programs Trust tax-deductible?
Langston Companies Inc Benefits Programs Trust is registered as a tax-exempt nonprofit (EIN: 581573232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Langston Companies Inc Benefits Programs Trust located?
Langston Companies Inc Benefits Programs Trust is headquartered in Memphis, Tennessee and files with the IRS under EIN 581573232.
How many years of IRS 990 filings does Langston Companies Inc Benefits Programs Trust have?
Langston Companies Inc Benefits Programs Trust 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 $776K in total revenue.
Filing History
IRS 990 filing history for Langston Companies Inc Benefits Programs Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Langston Companies Inc Benefits Programs Trust's revenue has declined by 6.9%, moving from $1.2M to $1.1M. Total assets decreased by 6.5% over the same period, from $889K to $831K. Total functional expenses fell by 21.4%, from $946K to $743K. In its most recent filing year (2023), Langston Companies Inc Benefits Programs Trust reported a surplus of $345K, with revenue exceeding expenses. The organization holds $58K in liabilities against $831K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $773K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $743K | $831K | $58K | — | — |
| 2022 | $1.1M | $1.0M | $491K | $62K | — | — |
| 2021 | $1.1M | $801K | $448K | $97K | — | View 990 |
| 2020 | $1.2M | $1.3M | $152K | $94K | — | — |
| 2019 | $1.3M | $1.2M | $334K | $156K | — | View 990 |
| 2018 | $1.4M | $1.2M | $433K | $306K | — | View 990 |
| 2017 | $1.4M | $1.5M | $147K | $206K | — | — |
| 2016 | $1.4M | $1.4M | $69K | $61K | — | View 990 |
| 2015 | $1.0M | $1.4M | $102K | $160K | — | View 990 |
| 2014 | $1.1M | $1.0M | $557K | $176K | — | View 990 |
| 2013 | $1.3M | $1.5M | $406K | $94K | — | View 990 |
| 2012 | $980K | $1.2M | $606K | $54K | — | View 990 |
| 2011 | $1.2M | $946K | $889K | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $743K, and assets of $831K (revenue -0.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $491K (revenue -0.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $801K, and assets of $448K (revenue -8.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.3M, and assets of $152K (revenue -4.2% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $334K (revenue -10.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $433K (revenue +0.4% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $147K (revenue -2.1% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $69K (revenue +40.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.4M, and assets of $102K (revenue -6.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $557K (revenue -15.0% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.5M, and assets of $406K (revenue +29.0% year-over-year).
- 2012: Revenue of $980K, expenses of $1.2M, and assets of $606K (revenue -16.2% year-over-year).
- 2011: Revenue of $1.2M, expenses of $946K, and assets of $889K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Langston Companies Inc Benefits Programs Trust:
Data Sources and Methodology
This transparency report for Langston Companies Inc Benefits Programs 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.