Letzler Family Foundation
EIN: 823294463 · Las Vegas, NV · NTEE: T90
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $5K |
| Net Assets | $104K |
Is Letzler Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Letzler Family Foundation
Letzler Family Foundation (EIN: 823294463) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T90. The organization reported total revenue of $3K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Letzler Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Letzler Family Foundation is a micro nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 558.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $5K |
| Surplus / Deficit | +$7K |
| Total Assets | $104K |
| Total Liabilities | $1 |
| Net Assets | $104K |
| Operating Margin | 58.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 241.2 months |
Financial Health Grade: A
In 2023, Letzler Family Foundation reported a surplus of $7K with revenue exceeding expenses, holds 241.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Letzler Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 558.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +459.7% | -7.6% | +9.1% |
| 2022 | +10.3% | -8.5% | -25.5% |
| 2021 | +8.2% | +43.3% | +33.9% |
| 2020 | -98.3% | +1320.3% | -13.6% |
| 2019 | +11046100.0% | — | +11044300.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Letzler Family Foundation 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 Letzler Family Foundation 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Letzler Family Foundation
Is Letzler Family Foundation a legitimate charity?
Letzler Family Foundation (EIN: 823294463) is a registered tax-exempt nonprofit based in Nevada. It has 6 years of IRS 990 filings on record. Total revenue: $3K. No red flags identified. Financial health grade: A.
How does Letzler Family Foundation spend its money?
Letzler Family Foundation reported $3K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Letzler Family Foundation tax-deductible?
Letzler Family Foundation is registered as a tax-exempt nonprofit (EIN: 823294463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Letzler Family Foundation located?
Letzler Family Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 823294463. It is classified under NTEE code T90.
How many years of IRS 990 filings does Letzler Family Foundation have?
Letzler Family Foundation has 6 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 $3K in total revenue.
Filing History
IRS 990 filing history for Letzler Family Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Letzler Family Foundation's revenue has grown by 1236300%, moving from $1 to $12K. Total assets increased by 10377500% over the same period, from $1 to $104K. In its most recent filing year (2023), Letzler Family Foundation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1 in liabilities against $104K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $5K | $104K | $1 | — | — |
| 2022 | $2K | $6K | $95K | $1 | — | View 990 |
| 2021 | $2K | $6K | $128K | $1 | — | — |
| 2020 | $2K | $4K | $95K | $1 | — | View 990 |
| 2019 | $110K | $300 | $110K | $0 | — | View 990 |
| 2018 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $5K, and assets of $104K (revenue +459.7% year-over-year).
- 2022: Revenue of $2K, expenses of $6K, and assets of $95K (revenue +10.3% year-over-year).
- 2021: Revenue of $2K, expenses of $6K, and assets of $128K (revenue +8.2% year-over-year).
- 2020: Revenue of $2K, expenses of $4K, and assets of $95K (revenue -98.3% year-over-year).
- 2019: Revenue of $110K, expenses of $300, and assets of $110K (revenue +11046100.0% year-over-year).
- 2018: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Letzler Family Foundation:
Data Sources and Methodology
This transparency report for Letzler Family Foundation 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.