Logs Employee Benefit Tr Welfare Benefit Plan
Logs Employee Benefit Tr Welfare Benefit Plan consistently manages multi-million dollar benefit disbursements with growing assets and no reported officer compensation.
EIN: 203642680 · Bannockburn, IL · NTEE: S43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $8.0M |
| Program Spending | 90% |
| Net Assets | $4.0M |
| Transparency Score | 85/100 |
Is Logs Employee Benefit Tr Welfare Benefit Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Logs Employee Benefit Tr Welfare Benefit Plan directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Logs Employee Benefit Tr Welfare Benefit Plan
Logs Employee Benefit Tr Welfare Benefit Plan (EIN: 203642680) is a nonprofit organization based in Bannockburn, IL, classified under NTEE code S43. The organization reported total revenue of $4.1M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logs Employee Benefit Tr Welfare Benefit Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Logs Employee Benefit Tr Welfare Benefit Plan is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $8.0M |
| Surplus / Deficit | +$908K |
| Total Assets | $4.2M |
| Total Liabilities | $227K |
| Net Assets | $4.0M |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Logs Employee Benefit Tr Welfare Benefit Plan reported a surplus of $908K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Logs Employee Benefit Tr Welfare Benefit Plan's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.5% | +16.5% | +42.2% |
| 2022 | +15.5% | +15.9% | +48.1% |
| 2021 | -33.9% | -42.5% | +92.3% |
| 2020 | -14.5% | -20.0% | +2.3% |
| 2019 | +13.0% | -0.7% | -43.4% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Logs Employee Benefit Tr Welfare Benefit Plan with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Logs Employee Benefit Tr Welfare Benefit Plan allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $908K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity managing multi-million dollar revenues and expenses. This suggests that either executive functions are performed on a volunteer basis, compensated through a related entity, or the compensation is categorized differently within the financial statements, warranting further investigation into the true administrative overhead.
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 Logs Employee Benefit Tr Welfare Benefit Plan's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could obscure true administrative costs.
Strengths
The following positive indicators were identified for Logs Employee Benefit Tr Welfare Benefit Plan:
- Consistent growth in assets from $1,287,022 in 2014 to $4,189,135 in 2023, indicating financial stability.
- Relatively low liabilities compared to assets, suggesting sound financial management.
- Consistent operation with multi-million dollar revenues and expenses over a decade, demonstrating stability and scale.
Frequently Asked Questions about Logs Employee Benefit Tr Welfare Benefit Plan
Is Logs Employee Benefit Tr Welfare Benefit Plan a legitimate charity?
Logs Employee Benefit Tr Welfare Benefit Plan (EIN: 203642680) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $4.1M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Logs Employee Benefit Tr Welfare Benefit Plan spend its money?
Logs Employee Benefit Tr Welfare Benefit Plan directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Logs Employee Benefit Tr Welfare Benefit Plan tax-deductible?
Logs Employee Benefit Tr Welfare Benefit Plan is registered as a tax-exempt nonprofit (EIN: 203642680). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Logs Employee Benefit Tr Welfare Benefit Plan's spending goes to programs?
Logs Employee Benefit Tr Welfare Benefit Plan directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Logs Employee Benefit Tr Welfare Benefit Plan compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Logs Employee Benefit Tr Welfare Benefit Plan is above average for NTEE category S43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Logs Employee Benefit Tr Welfare Benefit Plan located?
Logs Employee Benefit Tr Welfare Benefit Plan is headquartered in Bannockburn, Illinois and files with the IRS under EIN 203642680. It is classified under NTEE code S43.
How many years of IRS 990 filings does Logs Employee Benefit Tr Welfare Benefit Plan have?
Logs Employee Benefit Tr Welfare Benefit Plan has 12 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 $4.1M in total revenue.
How are administrative and executive functions compensated if officer compensation is consistently reported as 0%?
This is a critical question for understanding the true administrative efficiency. It's possible that services are provided by a related entity, or compensation is classified under other expense categories, which would impact the perceived administrative overhead.
What is the specific nature of the 'welfare benefit plan' and its beneficiaries?
Understanding the specific benefits provided and the target population would offer greater insight into the organization's direct impact and program effectiveness.
Are there any related organizations that provide services or receive funds from Logs Employee Benefit Tr Welfare Benefit Plan?
Given the 0% officer compensation, exploring relationships with other entities could clarify how administrative and operational costs are covered.
Filing History
IRS 990 filing history for Logs Employee Benefit Tr Welfare Benefit Plan showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Logs Employee Benefit Tr Welfare Benefit Plan's revenue has grown by 4.5%, moving from $8.5M to $8.9M. Total assets increased by 127.4% over the same period, from $1.8M to $4.2M. Total functional expenses fell by 22.8%, from $10.3M to $8.0M. In its most recent filing year (2023), Logs Employee Benefit Tr Welfare Benefit Plan reported a surplus of $908K, with revenue exceeding expenses. The organization holds $227K in liabilities against $4.2M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $8.0M | $4.2M | $227K | — | — |
| 2022 | $7.9M | $6.8M | $2.9M | $191K | — | View 990 |
| 2021 | $6.8M | $5.9M | $2.0M | $62K | — | View 990 |
| 2020 | $10.3M | $10.3M | $1.0M | $36K | — | — |
| 2019 | $12.1M | $12.9M | $1.0M | $85K | — | View 990 |
| 2018 | $10.7M | $13.0M | $1.8M | $124K | — | View 990 |
| 2017 | $13.0M | $12.0M | $4.2M | $212K | — | View 990 |
| 2016 | $13.8M | $11.3M | $3.1M | $143K | — | View 990 |
| 2015 | $10.7M | $11.5M | $627K | $175K | — | View 990 |
| 2014 | $10.5M | $11.1M | $1.3M | $104K | — | View 990 |
| 2013 | $10.7M | $10.9M | $2.0M | $123K | — | View 990 |
| 2012 | $8.5M | $10.3M | $1.8M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $8.0M, and assets of $4.2M (revenue +12.5% year-over-year).
- 2022: Revenue of $7.9M, expenses of $6.8M, and assets of $2.9M (revenue +15.5% year-over-year).
- 2021: Revenue of $6.8M, expenses of $5.9M, and assets of $2.0M (revenue -33.9% year-over-year).
- 2020: Revenue of $10.3M, expenses of $10.3M, and assets of $1.0M (revenue -14.5% year-over-year).
- 2019: Revenue of $12.1M, expenses of $12.9M, and assets of $1.0M (revenue +13.0% year-over-year).
- 2018: Revenue of $10.7M, expenses of $13.0M, and assets of $1.8M (revenue -17.7% year-over-year).
- 2017: Revenue of $13.0M, expenses of $12.0M, and assets of $4.2M (revenue -6.0% year-over-year).
- 2016: Revenue of $13.8M, expenses of $11.3M, and assets of $3.1M (revenue +29.0% year-over-year).
- 2015: Revenue of $10.7M, expenses of $11.5M, and assets of $627K (revenue +2.3% year-over-year).
- 2014: Revenue of $10.5M, expenses of $11.1M, and assets of $1.3M (revenue -1.9% year-over-year).
- 2013: Revenue of $10.7M, expenses of $10.9M, and assets of $2.0M (revenue +25.5% year-over-year).
- 2012: Revenue of $8.5M, expenses of $10.3M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Logs Employee Benefit Tr Welfare Benefit Plan:
Data Sources and Methodology
This transparency report for Logs Employee Benefit Tr Welfare Benefit Plan 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.