Leo J Signaigo Charitable Trust
Leo J Signaigo Charitable Trust consistently spends more than its annual revenue, drawing down on its asset base.
EIN: 208062519 · Welch, WV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $131K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $850,000. |
| Net Assets | $856K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Leo J Signaigo Charitable Trust Form 990, Revenue, CEO Pay, and IRS Filing Signals
Leo J Signaigo Charitable Trust is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Leo J Signaigo Charitable Trust in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $85K and expenses of $131K.
Revenue and Expenses
Leo J Signaigo Charitable Trust reported $85K in revenue and $131K in expenses, a deficit of $47K.
Executive Compensation
Top officer compensation appears as $850,000. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Leo J Signaigo Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $125K (95%) |
Across stored filings, Leo J Signaigo Charitable Trust shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Little League Baseball Inc | West Virginia and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Little League Baseball Inc →All West Virginia nonprofits
All Philanthropy
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Welch, WV nonprofitsPhilanthropy in West Virginia
Public Benefit in West Virginia
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Philanthropy spending
Best Philanthropy charities in West Virginia
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Little League Baseball Inc
Crab Orchard, WV · $121K revenue · Score 95/100
Compare side-by-sideMoorefield Athletic Boosters Inc
Moorefield, WV · $207K revenue · Score 92/100
Compare side-by-sideMorris Creek Watershed Association Inc
Montgomery, WV · $72K revenue · Score 85/100
Compare side-by-sideHands Of Hope Ministries Inc
Welch, WV · $109K revenue · Score 75/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Leo J Signaigo Charitable Trust directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leo J Signaigo Charitable Trust
Leo J Signaigo Charitable Trust (EIN: 208062519) is a nonprofit organization based in Welch, WV, classified under NTEE code T22. The organization reported total revenue of $150K and total assets of $874K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leo J Signaigo Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leo J Signaigo Charitable Trust is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $131K |
| Surplus / Deficit | $-46,675 |
| Total Assets | $856K |
| Total Liabilities | $1 |
| Net Assets | $856K |
| Operating Margin | -55.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 78.2 months |
Financial Health Grade: B
In 2023, Leo J Signaigo Charitable Trust reported a deficit of $47K with expenses exceeding revenue, holds 78.2 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 (2011–2023), Leo J Signaigo Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.9% | +36.0% | -5.2% |
| 2022 | -16.5% | -23.9% | -0.8% |
| 2021 | -4.5% | -6.7% | -7.5% |
| 2020 | -26.1% | -6.1% | -4.7% |
| 2019 | +44.2% | +40.2% | -22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Leo J Signaigo Charitable Trust with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Leo J Signaigo Charitable Trust allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, 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 no salaries are paid to officers. This suggests a highly efficient, likely volunteer-led, administrative structure for an organization with assets around $850,000.
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 Leo J Signaigo Charitable Trust's IRS 990 filings:
- Consistent annual expenses exceeding revenue, leading to asset depletion (e.g., 2023: $131,320 expenses vs $84,645 revenue)
- Long-term decline in total assets from $1.8M in 2011 to $856K in 2023
Strengths
The following positive indicators were identified for Leo J Signaigo Charitable Trust:
- 0% officer compensation reported across all filings, indicating high efficiency and volunteer support
- Very low liabilities, often reported as $1, demonstrating strong financial management and minimal debt
- Consistent grant-making activity as a private foundation (NTEE T22)
- Substantial asset base ($856,015 in 2023) providing financial stability
Frequently Asked Questions about Leo J Signaigo Charitable Trust
Is Leo J Signaigo Charitable Trust a legitimate charity?
Leo J Signaigo Charitable Trust (EIN: 208062519) is a registered tax-exempt nonprofit based in West Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $150K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Leo J Signaigo Charitable Trust spend its money?
Leo J Signaigo Charitable Trust directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Leo J Signaigo Charitable Trust tax-deductible?
Leo J Signaigo Charitable Trust is registered as a tax-exempt nonprofit (EIN: 208062519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Leo J Signaigo Charitable Trust CEO make?
Leo J Signaigo Charitable Trust's highest-compensated officer earns $850,000. annually. The organization reported $150K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Leo J Signaigo Charitable Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Leo J Signaigo Charitable Trust is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Leo J Signaigo Charitable Trust located?
Leo J Signaigo Charitable Trust is headquartered in Welch, West Virginia and files with the IRS under EIN 208062519. It is classified under NTEE code T22.
How many years of IRS 990 filings does Leo J Signaigo Charitable Trust have?
Leo J Signaigo Charitable 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 $150K in total revenue.
Is Leo J Signaigo Charitable Trust a good charity?
Based on the available data, the trust appears to be a good charity in terms of efficiency and program focus. It consistently reports 0% officer compensation, meaning funds are not diverted to executive salaries. Its primary function as a grant-making foundation (NTEE T22) suggests direct charitable impact. However, it frequently spends more than its annual revenue, which could be a concern for long-term sustainability if not managed by strategic asset drawdowns.
What is the trend in the trust's assets?
The trust's assets have shown a declining trend over the long term, from $1,819,484 in 2011 to $856,015 in 2023. This decline is consistent with the pattern of expenses often exceeding revenue, indicating the trust is utilizing its principal to fund its charitable activities.
How does the trust manage its liabilities?
The trust maintains extremely low liabilities, frequently reporting only $1 in many periods (e.g., 2023, 2022). This indicates a very strong financial position with minimal debt burden.
Filing History
IRS 990 filing history for Leo J Signaigo Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Leo J Signaigo Charitable Trust's revenue has grown by 296.3%, moving from $21K to $85K. Total assets decreased by 53% over the same period, from $1.8M to $856K. Total functional expenses rose by 67.5%, from $78K to $131K. In its most recent filing year (2023), Leo J Signaigo Charitable Trust reported a deficit of $47K, with expenses exceeding revenue. The organization holds $1 in liabilities against $856K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $856K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85K | $131K | $856K | $1 | — | View 990 |
| 2022 | $92K | $97K | $903K | $1 | — | View 990 |
| 2021 | $110K | $127K | $910K | $3K | — | — |
| 2020 | $115K | $136K | $984K | $60K | — | View 990 |
| 2019 | $156K | $145K | $1.0M | $88K | — | View 990 |
| 2015 | $108K | $103K | $1.3M | $1 | — | View 990 |
| 2014 | $58K | $75K | $1.3M | $1 | — | View 990 |
| 2013 | $47K | $97K | $1.3M | $1 | — | View 990 |
| 2012 | $-323,825 | $89K | $1.4M | $1 | — | View 990 |
| 2011 | $21K | $78K | $1.8M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85K, expenses of $131K, and assets of $856K (revenue -7.9% year-over-year).
- 2022: Revenue of $92K, expenses of $97K, and assets of $903K (revenue -16.5% year-over-year).
- 2021: Revenue of $110K, expenses of $127K, and assets of $910K (revenue -4.5% year-over-year).
- 2020: Revenue of $115K, expenses of $136K, and assets of $984K (revenue -26.1% year-over-year).
- 2019: Revenue of $156K, expenses of $145K, and assets of $1.0M (revenue +44.2% year-over-year).
- 2015: Revenue of $108K, expenses of $103K, and assets of $1.3M (revenue +87.8% year-over-year).
- 2014: Revenue of $58K, expenses of $75K, and assets of $1.3M (revenue +22.7% year-over-year).
- 2013: Revenue of $47K, expenses of $97K, and assets of $1.3M.
- 2012: Revenue of $-323,825, expenses of $89K, and assets of $1.4M (revenue -1616.1% year-over-year).
- 2011: Revenue of $21K, expenses of $78K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leo J Signaigo Charitable Trust:
Data Sources and Methodology
This transparency report for Leo J Signaigo Charitable 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.