Leo W Seal Jr Charitable Tr
EIN: 266829623 · New Orleans, LA · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $19.7M |
| Total Expenses | $1.3M |
| Net Assets | $29.9M |
Is Leo W Seal Jr Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leo W Seal Jr Charitable Tr
Leo W Seal Jr Charitable Tr (EIN: 266829623) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B11. The organization reported total revenue of $19.7M and total assets of $30.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leo W Seal Jr Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leo W Seal Jr Charitable Tr is a large nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-291,818 |
| Total Assets | $29.9M |
| Net Assets | $29.9M |
| Operating Margin | -27.9% |
| Months of Reserves | 268.0 months |
Financial Health Grade: B
In 2023, Leo W Seal Jr Charitable Tr reported a deficit of $292K with expenses exceeding revenue, holds 268.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Leo W Seal Jr Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -126.6% | +6.7% | -7.5% |
| 2021 | +30.9% | +7.4% | +6.7% |
| 2020 | +48.4% | +8.9% | +4.5% |
| 2019 | -8.0% | -6.1% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leo W Seal Jr Charitable Tr 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 W Seal Jr Charitable Tr 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 deficit of $292K, with expenses exceeding revenue.
Frequently Asked Questions about Leo W Seal Jr Charitable Tr
Is Leo W Seal Jr Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Leo W Seal Jr Charitable Tr (EIN: 266829623) insufficient data. 0 red flags identified, 0 strengths noted.
How does Leo W Seal Jr Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Leo W Seal Jr Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Leo W Seal Jr Charitable Tr tax-deductible?
Leo W Seal Jr Charitable Tr is registered as a tax-exempt nonprofit (EIN: 266829623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leo W Seal Jr Charitable Tr located?
Leo W Seal Jr Charitable Tr is headquartered in New Orleans, Louisiana and files with the IRS under EIN 266829623. It is classified under NTEE code B11.
How many years of IRS 990 filings does Leo W Seal Jr Charitable Tr have?
Leo W Seal Jr Charitable Tr has 14 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 $19.7M in total revenue.
Filing History
IRS 990 filing history for Leo W Seal Jr Charitable Tr showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Leo W Seal Jr Charitable Tr's revenue has declined by 19.2%, moving from $1.3M to $1.0M. Total assets increased by 42.5% over the same period, from $21.0M to $29.9M. Total functional expenses rose by 134.1%, from $571K to $1.3M. In its most recent filing year (2023), Leo W Seal Jr Charitable Tr reported a deficit of $292K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.3M | $29.9M | $0 | — | — |
| 2022 | $-922,941 | $1.5M | $30.2M | $0 | — | View 990 |
| 2021 | $3.5M | $1.4M | $32.6M | $0 | — | View 990 |
| 2020 | $2.6M | $1.3M | $30.5M | $0 | — | View 990 |
| 2019 | $1.8M | $1.2M | $29.2M | $0 | — | View 990 |
| 2018 | $1.9M | $1.3M | $28.7M | $0 | — | View 990 |
| 2017 | $1.4M | $1.2M | $28.0M | $0 | — | View 990 |
| 2016 | $1.4M | $725K | $27.9M | $0 | — | View 990 |
| 2015 | $1.2M | $788K | $27.2M | $0 | — | View 990 |
| 2014 | $1.9M | $726K | $26.8M | $0 | — | View 990 |
| 2013 | $2.8M | $674K | $25.6M | $0 | — | View 990 |
| 2012 | $2.5M | $555K | $23.5M | $0 | — | View 990 |
| 2011 | $1.0M | $442K | $21.5M | $0 | — | — |
| 2010 | $1.3M | $571K | $21.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.3M, and assets of $29.9M.
- 2022: Revenue of $-922,941, expenses of $1.5M, and assets of $30.2M (revenue -126.6% year-over-year).
- 2021: Revenue of $3.5M, expenses of $1.4M, and assets of $32.6M (revenue +30.9% year-over-year).
- 2020: Revenue of $2.6M, expenses of $1.3M, and assets of $30.5M (revenue +48.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.2M, and assets of $29.2M (revenue -8.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.3M, and assets of $28.7M (revenue +38.9% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $28.0M (revenue +3.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $725K, and assets of $27.9M (revenue +10.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $788K, and assets of $27.2M (revenue -34.8% year-over-year).
- 2014: Revenue of $1.9M, expenses of $726K, and assets of $26.8M (revenue -33.3% year-over-year).
- 2013: Revenue of $2.8M, expenses of $674K, and assets of $25.6M (revenue +14.5% year-over-year).
- 2012: Revenue of $2.5M, expenses of $555K, and assets of $23.5M (revenue +140.6% year-over-year).
- 2011: Revenue of $1.0M, expenses of $442K, and assets of $21.5M (revenue -20.6% year-over-year).
- 2010: Revenue of $1.3M, expenses of $571K, and assets of $21.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leo W Seal Jr Charitable Tr:
Data Sources and Methodology
This transparency report for Leo W Seal Jr Charitable 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.