Lennox Fam Charitable Foundation Tr
Lennox Fam Charitable Foundation Tr shows inconsistent revenue generation and frequent operating deficits.
EIN: 206709142 · Weston, VT · Updated: 2026-03-28
Is Lennox Fam Charitable Foundation Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lennox Fam Charitable Foundation Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lennox Fam Charitable Foundation Tr
Lennox Fam Charitable Foundation Tr (EIN: 206709142) is a nonprofit organization based in Weston, VT. The organization reported total revenue of $95K and total assets of $204K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lennox Fam Charitable Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lennox Fam Charitable Foundation Tr with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lennox Fam Charitable Foundation Tr allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for resource allocation.
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 Lennox Fam Charitable Foundation Tr's IRS 990 filings:
- Frequent operating deficits (expenses exceeding revenue in 8 of 10 periods)
- Declining asset base from $343,340 in 2020 to $292,482 in 2023
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Unknown NTEE code, hindering peer comparison
Strengths
The following positive indicators were identified for Lennox Fam Charitable Foundation Tr:
- Consistently low liabilities ($1 across all periods)
- 0% officer compensation reported, indicating lean executive overhead
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting
Frequently Asked Questions about Lennox Fam Charitable Foundation Tr
Is Lennox Fam Charitable Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Lennox Fam Charitable Foundation Tr (EIN: 206709142) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Lennox Fam Charitable Foundation Tr spend its money?
Lennox Fam Charitable Foundation Tr directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lennox Fam Charitable Foundation Tr tax-deductible?
Lennox Fam Charitable Foundation Tr is registered as a tax-exempt nonprofit (EIN: 206709142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission of the Lennox Fam Charitable Foundation Tr?
The provided data does not specify the mission of the Lennox Fam Charitable Foundation Tr, making it difficult to assess program effectiveness.
Why do expenses frequently exceed revenue for this organization?
Expenses have exceeded revenue in 8 out of 10 reported periods, suggesting a reliance on endowment drawdowns or inconsistent donor support to cover operational costs.
What are the primary program activities funded by the foundation?
The provided IRS 990 summary data does not detail the specific program activities or grants made by the foundation.
Filing History
IRS 990 filing history for Lennox Fam Charitable Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lennox Fam Charitable Foundation Tr's revenue has declined by 32.9%, moving from $23K to $15K. Total assets increased by 7.6% over the same period, from $272K to $292K. Total functional expenses rose by 98.1%, from $20K to $39K. In its most recent filing year (2023), Lennox Fam Charitable Foundation Tr reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $292K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $292K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $39K | $292K | $1 | — | — |
| 2022 | $64K | $54K | $317K | $1 | — | View 990 |
| 2021 | $12K | $44K | $307K | $1 | — | View 990 |
| 2020 | $165K | $8K | $343K | $1 | — | — |
| 2019 | $8K | $41K | $187K | $1 | — | — |
| 2015 | $20K | $20K | $247K | $1 | — | View 990 |
| 2014 | $14K | $21K | $242K | $1 | — | View 990 |
| 2013 | $10K | $20K | $253K | $1 | — | View 990 |
| 2012 | $5K | $19K | $260K | $1 | — | View 990 |
| 2011 | $23K | $20K | $272K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $39K, and assets of $292K (revenue -76.4% year-over-year).
- 2022: Revenue of $64K, expenses of $54K, and assets of $317K (revenue +455.4% year-over-year).
- 2021: Revenue of $12K, expenses of $44K, and assets of $307K (revenue -93.0% year-over-year).
- 2020: Revenue of $165K, expenses of $8K, and assets of $343K (revenue +2070.4% year-over-year).
- 2019: Revenue of $8K, expenses of $41K, and assets of $187K (revenue -61.2% year-over-year).
- 2015: Revenue of $20K, expenses of $20K, and assets of $247K (revenue +43.4% year-over-year).
- 2014: Revenue of $14K, expenses of $21K, and assets of $242K (revenue +38.2% year-over-year).
- 2013: Revenue of $10K, expenses of $20K, and assets of $253K (revenue +82.0% year-over-year).
- 2012: Revenue of $5K, expenses of $19K, and assets of $260K (revenue -75.9% year-over-year).
- 2011: Revenue of $23K, expenses of $20K, and assets of $272K.
Data Sources and Methodology
This transparency report for Lennox Fam Charitable Foundation Tr 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.