Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl
Lockheed Martin Benefit Trust maintains substantial assets despite fluctuating revenues and consistent expenses, with no reported officer compensation.
EIN: 133507980 · Bethesda, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236.7M |
| Total Expenses | $57.6M |
| Net Assets | $688.7M |
| Transparency Score | 50/100 |
Is Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl
Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl (EIN: 133507980) is a nonprofit organization based in Bethesda, MD. The organization reported total revenue of $236.7M and total assets of $713.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl is a major nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85.4M |
| Total Expenses | $57.6M |
| Surplus / Deficit | +$27.8M |
| Total Assets | $688.9M |
| Total Liabilities | $191K |
| Net Assets | $688.7M |
| Operating Margin | 32.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 143.5 months |
Financial Health Grade: A
In 2023, Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl reported a surplus of $27.8M with revenue exceeding expenses, holds 143.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -189.3% | +2.4% | -23.5% |
| 2021 | +95.2% | -7.1% | +4.4% |
| 2020 | -47.0% | -8.7% | +5.1% |
| 2019 | +97.6% | +5.2% | +18.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers from the trust's funds, which is a strong positive for cost efficiency in this area.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl's IRS 990 filings:
- Negative revenue reported in 2022 ($-76,145,633), which warrants further investigation into its cause.
- Lack of detailed program service accomplishments in filings, making it difficult to assess 'charitable' impact.
- NTEE code is unknown, hindering classification and comparative analysis with similar organizations.
Strengths
The following positive indicators were identified for Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl:
- Consistent reporting of 0% officer compensation, indicating strong control over executive pay.
- Maintains substantial assets (over $600 million consistently), suggesting financial stability for its stated purpose.
- Regular filing of IRS Form 990s, demonstrating compliance with reporting requirements.
Frequently Asked Questions about Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl
Is Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl a legitimate charity?
Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl (EIN: 133507980) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 50/100. It has 14 years of IRS 990 filings on record. Total revenue: $236.7M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl spend its money?
Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl reported $236.7M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl tax-deductible?
Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl is registered as a tax-exempt nonprofit (EIN: 133507980). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl located?
Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl is headquartered in Bethesda, Maryland and files with the IRS under EIN 133507980.
How many years of IRS 990 filings does Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl have?
Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl 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 $236.7M in total revenue.
What is the specific purpose of the 'Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl'?
Based on the name, it is likely a trust established to manage benefits for collectively bargained employees of Lockheed Martin Corporation. Its financial activities, such as revenue and expenses, would primarily relate to investment management, benefit disbursements, and administrative costs associated with these functions.
Why does the organization report negative revenue in 2022?
Negative revenue of $-76,145,633 in 2022 could be due to significant investment losses, large benefit payouts exceeding investment gains, or other financial adjustments typical for a trust, such as a return of capital or a reclassification of funds.
How are the consistent expenses of $50-70 million allocated?
Given it's a benefit trust, these expenses likely cover administrative costs, investment management fees, and the actual distribution of benefits to eligible employees. Without a detailed functional expense breakdown, it's difficult to pinpoint exact allocations, but they are not 'program' expenses in the traditional charitable sense.
Filing History
IRS 990 filing history for Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl's revenue has declined by 12%, moving from $97.1M to $85.4M. Total assets decreased by 3.4% over the same period, from $712.9M to $688.9M. Total functional expenses fell by 28.7%, from $80.8M to $57.6M. In its most recent filing year (2023), Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl reported a surplus of $27.8M, with revenue exceeding expenses. The organization holds $191K in liabilities against $688.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $688.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85.4M | $57.6M | $688.9M | $191K | — | — |
| 2022 | $-76,145,633 | $59.4M | $622.8M | $302K | — | View 990 |
| 2021 | $85.3M | $58.0M | $814.5M | $109K | — | View 990 |
| 2020 | $43.7M | $62.5M | $779.8M | $122K | — | View 990 |
| 2019 | $82.4M | $68.5M | $741.7M | $17.2M | — | View 990 |
| 2018 | $41.7M | $65.1M | $625.3M | $2.2M | — | View 990 |
| 2017 | $77.4M | $77.1M | $718.4M | $2.9M | — | View 990 |
| 2016 | $34.6M | $72.5M | $723.1M | $36.4M | — | View 990 |
| 2015 | $95.4M | $75.6M | $740.2M | $33.6M | — | View 990 |
| 2014 | $94.0M | $75.0M | $737.6M | $20.9M | — | View 990 |
| 2013 | $65.7M | $79.2M | $744.8M | $30.6M | — | View 990 |
| 2012 | $135.1M | $70.5M | $756.0M | $16.8M | — | View 990 |
| 2011 | $41.8M | $87.7M | $663.0M | $19.3M | — | View 990 |
| 2010 | $97.1M | $80.8M | $712.9M | $43.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85.4M, expenses of $57.6M, and assets of $688.9M.
- 2022: Revenue of $-76,145,633, expenses of $59.4M, and assets of $622.8M (revenue -189.3% year-over-year).
- 2021: Revenue of $85.3M, expenses of $58.0M, and assets of $814.5M (revenue +95.2% year-over-year).
- 2020: Revenue of $43.7M, expenses of $62.5M, and assets of $779.8M (revenue -47.0% year-over-year).
- 2019: Revenue of $82.4M, expenses of $68.5M, and assets of $741.7M (revenue +97.6% year-over-year).
- 2018: Revenue of $41.7M, expenses of $65.1M, and assets of $625.3M (revenue -46.1% year-over-year).
- 2017: Revenue of $77.4M, expenses of $77.1M, and assets of $718.4M (revenue +123.6% year-over-year).
- 2016: Revenue of $34.6M, expenses of $72.5M, and assets of $723.1M (revenue -63.7% year-over-year).
- 2015: Revenue of $95.4M, expenses of $75.6M, and assets of $740.2M (revenue +1.5% year-over-year).
- 2014: Revenue of $94.0M, expenses of $75.0M, and assets of $737.6M (revenue +42.9% year-over-year).
- 2013: Revenue of $65.7M, expenses of $79.2M, and assets of $744.8M (revenue -51.3% year-over-year).
- 2012: Revenue of $135.1M, expenses of $70.5M, and assets of $756.0M (revenue +223.1% year-over-year).
- 2011: Revenue of $41.8M, expenses of $87.7M, and assets of $663.0M (revenue -57.0% year-over-year).
- 2010: Revenue of $97.1M, expenses of $80.8M, and assets of $712.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl:
Data Sources and Methodology
This transparency report for Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl 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.