Letart Nature Park Development Organization
EIN: 464816679 · Letart, WV · NTEE: C50
| Metric | Value |
|---|---|
| Total Expenses | $1K |
| Net Assets | $39K |
Is Letart Nature Park Development Organization Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Letart Nature Park Development Organization
Letart Nature Park Development Organization (EIN: 464816679) is a nonprofit organization based in Letart, WV, classified under NTEE code C50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Letart Nature Park Development Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Letart Nature Park Development Organization is a micro nonprofit that has been operating for 2 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 27.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $1K |
| Surplus / Deficit | +$33K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 96.8% |
| Months of Reserves | 428.2 months |
Financial Health Grade: A
In 2023, Letart Nature Park Development Organization reported a surplus of $33K with revenue exceeding expenses, holds 428.2 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Letart Nature Park Development Organization's revenue has grown at a compound annual growth rate (CAGR) of 27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1296.0% | -23.7% | +596.0% |
| 2022 | -75.5% | -84.7% | +22.7% |
| 2021 | +788.2% | +355.4% | +18.8% |
| 2020 | -59.0% | -30.3% | -19.4% |
| 2019 | -6.7% | -61.9% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Letart Nature Park Development Organization 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 Letart Nature Park Development Organization 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 $33K, with revenue exceeding expenses.
Frequently Asked Questions about Letart Nature Park Development Organization
Is Letart Nature Park Development Organization a legitimate charity?
Letart Nature Park Development Organization (EIN: 464816679) is a registered tax-exempt nonprofit based in West Virginia. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Letart Nature Park Development Organization spend its money?
Letart Nature Park Development Organization reported its financials in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Letart Nature Park Development Organization tax-deductible?
Letart Nature Park Development Organization is registered as a tax-exempt nonprofit (EIN: 464816679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Letart Nature Park Development Organization located?
Letart Nature Park Development Organization is headquartered in Letart, West Virginia and files with the IRS under EIN 464816679. It is classified under NTEE code C50.
How many years of IRS 990 filings does Letart Nature Park Development Organization have?
Letart Nature Park Development Organization 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.
Filing History
IRS 990 filing history for Letart Nature Park Development Organization showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Letart Nature Park Development Organization's revenue has grown by 771.5%, moving from $4K to $34K. Total assets increased by 1109.6% over the same period, from $3K to $39K. Total functional expenses rose by 49%, from $724 to $1K. In its most recent filing year (2023), Letart Nature Park Development Organization reported a surplus of $33K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $1K | $39K | $0 | — | — |
| 2022 | $2K | $1K | $6K | $0 | — | — |
| 2021 | $10K | $9K | $5K | $0 | — | — |
| 2020 | $1K | $2K | $4K | $0 | — | — |
| 2019 | $3K | $3K | $5K | $0 | — | — |
| 2018 | $3K | $8K | $5K | $0 | — | — |
| 2017 | $4K | $1K | $10K | $0 | — | — |
| 2016 | $6K | $3K | $7K | $0 | — | — |
| 2015 | $5K | $4K | $4K | $0 | — | — |
| 2014 | $4K | $724 | $3K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $34K, expenses of $1K, and assets of $39K (revenue +1296.0% year-over-year).
- 2022: Revenue of $2K, expenses of $1K, and assets of $6K (revenue -75.5% year-over-year).
- 2021: Revenue of $10K, expenses of $9K, and assets of $5K (revenue +788.2% year-over-year).
- 2020: Revenue of $1K, expenses of $2K, and assets of $4K (revenue -59.0% year-over-year).
- 2019: Revenue of $3K, expenses of $3K, and assets of $5K (revenue -6.7% year-over-year).
- 2018: Revenue of $3K, expenses of $8K, and assets of $5K (revenue -19.1% year-over-year).
- 2017: Revenue of $4K, expenses of $1K, and assets of $10K (revenue -36.9% year-over-year).
- 2016: Revenue of $6K, expenses of $3K, and assets of $7K (revenue +5.5% year-over-year).
- 2015: Revenue of $5K, expenses of $4K, and assets of $4K (revenue +39.5% year-over-year).
- 2014: Revenue of $4K, expenses of $724, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Letart Nature Park Development Organization:
Data Sources and Methodology
This transparency report for Letart Nature Park Development Organization 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.