Leland M Littlefield Trust
Leland M Littlefield Trust maintains stable assets with no officer compensation, showing fluctuating revenue and expenses.
EIN: 16017204 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $36K |
| Program Spending | 80% |
| Net Assets | $447K |
| Transparency Score | 75/100 |
Is Leland M Littlefield Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leland M Littlefield Trust directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leland M Littlefield Trust
Leland M Littlefield Trust (EIN: 16017204) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $204K and total assets of $473K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leland M Littlefield Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leland M Littlefield Trust is a small nonprofit, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $36K |
| Surplus / Deficit | $-5,237 |
| Total Assets | $447K |
| Total Liabilities | $1 |
| Net Assets | $447K |
| Operating Margin | -16.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 148.0 months |
Financial Health Grade: B
In 2024, Leland M Littlefield Trust reported a deficit of $5K with expenses exceeding revenue, holds 148.0 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 (2012–2024), Leland M Littlefield Trust's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -58.4% | -1.9% | -1.1% |
| 2023 | +187.6% | +6.8% | +9.0% |
| 2022 | +13.6% | +11.9% | -2.0% |
| 2021 | +0.7% | +3.6% | -1.9% |
| 2020 | +107.2% | +7.9% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Leland M Littlefield Trust with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Leland M Littlefield Trust allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly favorable for minimizing administrative 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 Leland M Littlefield Trust's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to understand the organization's specific charitable purpose and compare its performance against peers.
- Lack of detailed expense breakdown: Without program, administrative, and fundraising expense details, it's challenging to fully assess spending efficiency and mission alignment.
Strengths
The following positive indicators were identified for Leland M Littlefield Trust:
- No officer compensation: Consistently reporting 0% officer compensation across all filings indicates a strong commitment to minimizing administrative overhead.
- Stable asset base: The organization maintains a healthy and relatively stable asset base, consistently above $400,000, providing financial security.
- Low liabilities: Liabilities are consistently reported as $0 or $1, indicating excellent financial management and minimal debt.
Frequently Asked Questions about Leland M Littlefield Trust
Is Leland M Littlefield Trust a legitimate charity?
Leland M Littlefield Trust (EIN: 16017204) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $204K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Leland M Littlefield Trust spend its money?
Leland M Littlefield Trust directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Leland M Littlefield Trust tax-deductible?
Leland M Littlefield Trust is registered as a tax-exempt nonprofit (EIN: 16017204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leland M Littlefield Trust located?
Leland M Littlefield Trust is headquartered in Portland, Maine and files with the IRS under EIN 16017204.
How many years of IRS 990 filings does Leland M Littlefield Trust have?
Leland M Littlefield Trust 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 $204K in total revenue.
What is the primary mission or program activity of the Leland M Littlefield Trust?
The provided data does not specify the NTEE code or a description of the trust's mission or program activities. Without this information, it's unclear what specific charitable purpose the trust serves.
How does the trust manage its assets to generate revenue?
The trust consistently holds significant assets (e.g., $473,478 in the latest period). Its revenue fluctuates (e.g., $74,582 in 202308 vs. $31,037 in 202408), suggesting it likely generates income from investments or endowment management, which is then used to cover expenses or further its mission.
Are the expenses primarily for grants or direct program services?
The provided data does not break down expenses into grants, direct program services, or administrative costs. Given the nature of a 'trust' and the lack of officer compensation, it's plausible a significant portion of expenses could be grants or investment management fees, but this cannot be confirmed.
Filing History
IRS 990 filing history for Leland M Littlefield Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Leland M Littlefield Trust's revenue has grown by 0.8%, moving from $31K to $31K. Total assets increased by 7.2% over the same period, from $418K to $447K. Total functional expenses rose by 121.2%, from $16K to $36K. In its most recent filing year (2024), Leland M Littlefield Trust reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $447K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $447K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $31K | $36K | $447K | $1 | — | View 990 |
| 2023 | $75K | $37K | $452K | $1 | — | View 990 |
| 2022 | $26K | $35K | $415K | $1 | — | View 990 |
| 2021 | $23K | $31K | $423K | $1 | — | — |
| 2020 | $23K | $30K | $432K | $1 | — | — |
| 2016 | $11K | $28K | $438K | $0 | — | View 990 |
| 2015 | $70K | $26K | $455K | $0 | — | View 990 |
| 2014 | $19K | $24K | $410K | $0 | — | View 990 |
| 2013 | $21K | $24K | $415K | $0 | — | View 990 |
| 2012 | $31K | $16K | $418K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $31K, expenses of $36K, and assets of $447K (revenue -58.4% year-over-year).
- 2023: Revenue of $75K, expenses of $37K, and assets of $452K (revenue +187.6% year-over-year).
- 2022: Revenue of $26K, expenses of $35K, and assets of $415K (revenue +13.6% year-over-year).
- 2021: Revenue of $23K, expenses of $31K, and assets of $423K (revenue +0.7% year-over-year).
- 2020: Revenue of $23K, expenses of $30K, and assets of $432K (revenue +107.2% year-over-year).
- 2016: Revenue of $11K, expenses of $28K, and assets of $438K (revenue -84.4% year-over-year).
- 2015: Revenue of $70K, expenses of $26K, and assets of $455K (revenue +271.6% year-over-year).
- 2014: Revenue of $19K, expenses of $24K, and assets of $410K (revenue -11.2% year-over-year).
- 2013: Revenue of $21K, expenses of $24K, and assets of $415K (revenue -30.8% year-over-year).
- 2012: Revenue of $31K, expenses of $16K, and assets of $418K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leland M Littlefield Trust:
Data Sources and Methodology
This transparency report for Leland M Littlefield 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.