Logan Wright Foundation
EIN: 730979754 · Oklahoma City, OK
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $307K |
| Net Assets | $2.4M |
Is Logan Wright Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Logan Wright Foundation
Logan Wright Foundation (EIN: 730979754) is a nonprofit organization based in Oklahoma City, OK. The organization reported total revenue of $1.3M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logan Wright Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Logan Wright Foundation is a mid-size nonprofit that has been operating for 50 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $307K |
| Surplus / Deficit | +$1.7M |
| Total Assets | $2.9M |
| Total Liabilities | $424K |
| Net Assets | $2.4M |
| Operating Margin | 84.8% |
| Debt-to-Asset Ratio | 14.8% |
| Months of Reserves | 111.8 months |
Financial Health Grade: A
In 2023, Logan Wright Foundation reported a surplus of $1.7M with revenue exceeding expenses, holds 111.8 months of operating reserves (strong position), has a debt-to-asset ratio of 14.8% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +917.5% | +97.4% | +52.4% |
| 2022 | +106.9% | -34.1% | +27.9% |
| 2021 | -52.3% | +133.2% | +23.6% |
| 2020 | -49.3% | -28.6% | +5.2% |
| 2019 | +1338.3% | +126.5% | +31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Logan Wright 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 Logan Wright 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 $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.8%.
Frequently Asked Questions about Logan Wright Foundation
Is Logan Wright Foundation a legitimate charity?
Logan Wright Foundation (EIN: 730979754) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Logan Wright Foundation spend its money?
Logan Wright Foundation reported $1.3M in total revenue 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 Logan Wright Foundation tax-deductible?
Logan Wright Foundation is registered as a tax-exempt nonprofit (EIN: 730979754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Logan Wright Foundation located?
Logan Wright Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 730979754.
How many years of IRS 990 filings does Logan Wright Foundation have?
Logan Wright Foundation 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Logan Wright Foundation showing financial trends over 10 years of public records:
Total assets increased by 255.5% over the same period, from $804K to $2.9M. Total functional expenses rose by 235.7%, from $91K to $307K. In its most recent filing year (2023), Logan Wright Foundation reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $424K in liabilities against $2.9M in assets (debt-to-asset ratio: 14.8%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $307K | $2.9M | $424K | — | — |
| 2022 | $199K | $155K | $1.9M | $798K | — | — |
| 2021 | $96K | $236K | $1.5M | $607K | — | View 990 |
| 2020 | $201K | $101K | $1.2M | $176K | — | — |
| 2019 | $396K | $142K | $1.1M | $132K | — | View 990 |
| 2015 | $28K | $63K | $855K | $223K | — | View 990 |
| 2014 | $92K | $62K | $907K | $239K | — | View 990 |
| 2013 | $109K | $121K | $876K | $239K | — | View 990 |
| 2012 | $69K | $68K | $712K | $53K | — | View 990 |
| 2011 | $-10,759 | $91K | $804K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $307K, and assets of $2.9M (revenue +917.5% year-over-year).
- 2022: Revenue of $199K, expenses of $155K, and assets of $1.9M (revenue +106.9% year-over-year).
- 2021: Revenue of $96K, expenses of $236K, and assets of $1.5M (revenue -52.3% year-over-year).
- 2020: Revenue of $201K, expenses of $101K, and assets of $1.2M (revenue -49.3% year-over-year).
- 2019: Revenue of $396K, expenses of $142K, and assets of $1.1M (revenue +1338.3% year-over-year).
- 2015: Revenue of $28K, expenses of $63K, and assets of $855K (revenue -70.0% year-over-year).
- 2014: Revenue of $92K, expenses of $62K, and assets of $907K (revenue -16.0% year-over-year).
- 2013: Revenue of $109K, expenses of $121K, and assets of $876K (revenue +58.9% year-over-year).
- 2012: Revenue of $69K, expenses of $68K, and assets of $712K.
- 2011: Revenue of $-10,759, expenses of $91K, and assets of $804K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Logan Wright Foundation:
Data Sources and Methodology
This transparency report for Logan Wright 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.