Leonard A Loesch Charitable Trust
EIN: 844121419 · Louisville, KY · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $68K |
| Net Assets | $474K |
Is Leonard A Loesch Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leonard A Loesch Charitable Trust
Leonard A Loesch Charitable Trust (EIN: 844121419) is a nonprofit organization based in Louisville, KY, classified under NTEE code T31. The organization reported total revenue of $150K and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leonard A Loesch Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leonard A Loesch Charitable Trust is a small nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $68K |
| Surplus / Deficit | +$82K |
| Total Assets | $474K |
| Total Liabilities | $1 |
| Net Assets | $474K |
| Operating Margin | 54.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 84.1 months |
Financial Health Grade: A
In 2023, Leonard A Loesch Charitable Trust reported a surplus of $82K with revenue exceeding expenses, holds 84.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2019–2023), Leonard A Loesch Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -12.0% | +21.0% |
| 2022 | -40.0% | +380.9% | +22.9% |
| 2021 | +150.0% | — | +219.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leonard A Loesch Charitable Trust 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 Leonard A Loesch Charitable Trust 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 surplus of $82K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Leonard A Loesch Charitable Trust
Is Leonard A Loesch Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Leonard A Loesch Charitable Trust (EIN: 844121419) insufficient data. 0 red flags identified, 0 strengths noted.
How does Leonard A Loesch Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Leonard A Loesch Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Leonard A Loesch Charitable Trust tax-deductible?
Leonard A Loesch Charitable Trust is registered as a tax-exempt nonprofit (EIN: 844121419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leonard A Loesch Charitable Trust located?
Leonard A Loesch Charitable Trust is headquartered in Louisville, Kentucky and files with the IRS under EIN 844121419. It is classified under NTEE code T31.
How many years of IRS 990 filings does Leonard A Loesch Charitable Trust have?
Leonard A Loesch Charitable Trust has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $150K in total revenue.
Filing History
IRS 990 filing history for Leonard A Loesch Charitable Trust showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Leonard A Loesch Charitable Trust's revenue has grown by 50%, moving from $100K to $150K. Total assets increased by 374.4% over the same period, from $100K to $474K. In its most recent filing year (2023), Leonard A Loesch Charitable Trust reported a surplus of $82K, with revenue exceeding expenses. The organization holds $1 in liabilities against $474K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $474K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $68K | $474K | $1 | — | — |
| 2022 | $150K | $77K | $392K | $1 | — | — |
| 2021 | $250K | $16K | $319K | $1 | — | — |
| 2019 | $100K | $0 | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $68K, and assets of $474K (revenue +0.0% year-over-year).
- 2022: Revenue of $150K, expenses of $77K, and assets of $392K (revenue -40.0% year-over-year).
- 2021: Revenue of $250K, expenses of $16K, and assets of $319K (revenue +150.0% year-over-year).
- 2019: Revenue of $100K, expenses of $0, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leonard A Loesch Charitable Trust:
Data Sources and Methodology
This transparency report for Leonard A Loesch 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.