Leo C Parent Scholarship Tr Ii
EIN: 266312571 · Grand Forks, ND · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $886K |
| Total Expenses | $59K |
| Net Assets | $1.6M |
Is Leo C Parent Scholarship Tr Ii Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leo C Parent Scholarship Tr Ii
Leo C Parent Scholarship Tr Ii (EIN: 266312571) is a nonprofit organization based in Grand Forks, ND, classified under NTEE code B82. The organization reported total revenue of $886K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leo C Parent Scholarship Tr Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leo C Parent Scholarship Tr Ii is a small nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -199.7% | +9.8% | -7.0% |
| 2022 | -85.2% | -32.4% | +0.2% |
| 2021 | +157.8% | +47.8% | +22.6% |
| 2020 | +36.1% | -45.1% | +7.6% |
| 2019 | +12.2% | +31.2% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leo C Parent Scholarship Tr Ii 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 Leo C Parent Scholarship Tr Ii 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Leo C Parent Scholarship Tr Ii
Is Leo C Parent Scholarship Tr Ii a legitimate charity?
Based on AI analysis of IRS 990 filings, Leo C Parent Scholarship Tr Ii (EIN: 266312571) insufficient data. 0 red flags identified, 0 strengths noted.
How does Leo C Parent Scholarship Tr Ii spend its money?
Detailed spending breakdown data is not yet available for Leo C Parent Scholarship Tr Ii. Check back for updated IRS 990 analysis.
Are donations to Leo C Parent Scholarship Tr Ii tax-deductible?
Leo C Parent Scholarship Tr Ii is registered as a tax-exempt nonprofit (EIN: 266312571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leo C Parent Scholarship Tr Ii located?
Leo C Parent Scholarship Tr Ii is headquartered in Grand Forks, North Dakota and files with the IRS under EIN 266312571. It is classified under NTEE code B82.
How many years of IRS 990 filings does Leo C Parent Scholarship Tr Ii have?
Leo C Parent Scholarship Tr Ii 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 $886K in total revenue.
Filing History
IRS 990 filing history for Leo C Parent Scholarship Tr Ii showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Leo C Parent Scholarship Tr Ii's revenue has declined by 183.6%, moving from $68K to $-57,063. Total assets increased by 45.8% over the same period, from $1.1M to $1.6M. Total functional expenses rose by 27.2%, from $46K to $59K. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-57,063 | $59K | $1.6M | $1 | — | View 990 |
| 2022 | $57K | $54K | $1.7M | $1 | — | View 990 |
| 2021 | $386K | $79K | $1.7M | $1 | — | View 990 |
| 2020 | $150K | $54K | $1.4M | $1 | — | View 990 |
| 2019 | $110K | $98K | $1.3M | $0 | — | View 990 |
| 2015 | $98K | $74K | $1.2M | $0 | — | View 990 |
| 2014 | $107K | $71K | $1.2M | $0 | — | View 990 |
| 2013 | $99K | $63K | $1.1M | $0 | — | View 990 |
| 2012 | $67K | $48K | $1.1M | $0 | — | View 990 |
| 2011 | $68K | $46K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-57,063, expenses of $59K, and assets of $1.6M (revenue -199.7% year-over-year).
- 2022: Revenue of $57K, expenses of $54K, and assets of $1.7M (revenue -85.2% year-over-year).
- 2021: Revenue of $386K, expenses of $79K, and assets of $1.7M (revenue +157.8% year-over-year).
- 2020: Revenue of $150K, expenses of $54K, and assets of $1.4M (revenue +36.1% year-over-year).
- 2019: Revenue of $110K, expenses of $98K, and assets of $1.3M (revenue +12.2% year-over-year).
- 2015: Revenue of $98K, expenses of $74K, and assets of $1.2M (revenue -8.4% year-over-year).
- 2014: Revenue of $107K, expenses of $71K, and assets of $1.2M (revenue +7.9% year-over-year).
- 2013: Revenue of $99K, expenses of $63K, and assets of $1.1M (revenue +48.7% year-over-year).
- 2012: Revenue of $67K, expenses of $48K, and assets of $1.1M (revenue -2.2% year-over-year).
- 2011: Revenue of $68K, expenses of $46K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leo C Parent Scholarship Tr Ii:
Data Sources and Methodology
This transparency report for Leo C Parent Scholarship Tr Ii 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.