Les Urenco Usa Veba Health Savings Trust
EIN: 455347573 · Eunice, NM · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $137K |
| Net Assets | $2.0M |
Is Les Urenco Usa Veba Health Savings Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Les Urenco Usa Veba Health Savings Trust
Les Urenco Usa Veba Health Savings Trust (EIN: 455347573) is a nonprofit organization based in Eunice, NM, classified under NTEE code Y43. The organization reported total revenue of $504K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Les Urenco Usa Veba Health Savings Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Les Urenco Usa Veba Health Savings Trust is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $137K |
| Surplus / Deficit | $-17,228 |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | -14.4% |
| Months of Reserves | 173.0 months |
Financial Health Grade: B
In 2023, Les Urenco Usa Veba Health Savings Trust reported a deficit of $17K with expenses exceeding revenue, holds 173.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2013–2023), Les Urenco Usa Veba Health Savings Trust's revenue has declined at a compound annual growth rate (CAGR) of -13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | +297.2% | -0.1% |
| 2021 | -65.1% | -80.1% | +9.4% |
| 2020 | -80.8% | -89.6% | +11.5% |
| 2019 | +1172.9% | +1269.1% | +14.2% |
| 2018 | -38.6% | -8.3% | -8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Les Urenco Usa Veba Health Savings 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 Les Urenco Usa Veba Health Savings 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 deficit of $17K, with expenses exceeding revenue.
Frequently Asked Questions about Les Urenco Usa Veba Health Savings Trust
Is Les Urenco Usa Veba Health Savings Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Les Urenco Usa Veba Health Savings Trust (EIN: 455347573) insufficient data. 0 red flags identified, 0 strengths noted.
How does Les Urenco Usa Veba Health Savings Trust spend its money?
Detailed spending breakdown data is not yet available for Les Urenco Usa Veba Health Savings Trust. Check back for updated IRS 990 analysis.
Are donations to Les Urenco Usa Veba Health Savings Trust tax-deductible?
Les Urenco Usa Veba Health Savings Trust is registered as a tax-exempt nonprofit (EIN: 455347573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Les Urenco Usa Veba Health Savings Trust located?
Les Urenco Usa Veba Health Savings Trust is headquartered in Eunice, New Mexico and files with the IRS under EIN 455347573. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Les Urenco Usa Veba Health Savings Trust have?
Les Urenco Usa Veba Health Savings 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 $504K in total revenue.
Filing History
IRS 990 filing history for Les Urenco Usa Veba Health Savings Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Les Urenco Usa Veba Health Savings Trust's revenue has declined by 76.3%, moving from $506K to $120K. Total assets increased by 212.7% over the same period, from $633K to $2.0M. Total functional expenses rose by 440.5%, from $25K to $137K. In its most recent filing year (2023), Les Urenco Usa Veba Health Savings Trust reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $137K | $2.0M | $0 | — | — |
| 2021 | $126K | $35K | $2.0M | $0 | — | View 990 |
| 2020 | $361K | $174K | $1.8M | $0 | — | — |
| 2019 | $1.9M | $1.7M | $1.6M | $0 | — | View 990 |
| 2018 | $148K | $122K | $1.4M | $0 | — | View 990 |
| 2017 | $240K | $134K | $1.6M | $0 | — | View 990 |
| 2016 | $282K | $74K | $1.4M | $0 | — | View 990 |
| 2015 | $347K | $68K | $1.2M | $0 | — | View 990 |
| 2014 | $380K | $45K | $948K | $0 | — | View 990 |
| 2013 | $506K | $25K | $633K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $137K, and assets of $2.0M (revenue -4.9% year-over-year).
- 2021: Revenue of $126K, expenses of $35K, and assets of $2.0M (revenue -65.1% year-over-year).
- 2020: Revenue of $361K, expenses of $174K, and assets of $1.8M (revenue -80.8% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.7M, and assets of $1.6M (revenue +1172.9% year-over-year).
- 2018: Revenue of $148K, expenses of $122K, and assets of $1.4M (revenue -38.6% year-over-year).
- 2017: Revenue of $240K, expenses of $134K, and assets of $1.6M (revenue -14.7% year-over-year).
- 2016: Revenue of $282K, expenses of $74K, and assets of $1.4M (revenue -18.9% year-over-year).
- 2015: Revenue of $347K, expenses of $68K, and assets of $1.2M (revenue -8.6% year-over-year).
- 2014: Revenue of $380K, expenses of $45K, and assets of $948K (revenue -24.9% year-over-year).
- 2013: Revenue of $506K, expenses of $25K, and assets of $633K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Les Urenco Usa Veba Health Savings Trust:
Data Sources and Methodology
This transparency report for Les Urenco Usa Veba Health Savings 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.