Louis And Gloria Flanzer Philantrhopic Tr
Louis And Gloria Flanzer Philanthropic Trust maintains zero officer compensation amidst significant asset growth.
EIN: 146285967 · Sarasota, FL · NTEE: T20 · Updated: 2026-03-28
Is Louis And Gloria Flanzer Philantrhopic Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louis And Gloria Flanzer Philantrhopic Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louis And Gloria Flanzer Philantrhopic Tr
Louis And Gloria Flanzer Philantrhopic Tr (EIN: 146285967) is a nonprofit organization based in Sarasota, FL, classified under NTEE code T20. The organization reported total revenue of $13.8M and total assets of $93.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louis And Gloria Flanzer Philantrhopic Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louis And Gloria Flanzer Philantrhopic Tr is a large nonprofit that has been operating for 20 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 283.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $735K |
| Surplus / Deficit | +$1.9M |
| Total Assets | $6.5M |
| Total Liabilities | $155 |
| Net Assets | $6.5M |
| Operating Margin | 72.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 105.4 months |
Financial Health Grade: A
In 2015, Louis And Gloria Flanzer Philantrhopic Tr reported a surplus of $1.9M with revenue exceeding expenses, holds 105.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Louis And Gloria Flanzer Philantrhopic Tr's revenue has grown at a compound annual growth rate (CAGR) of 283.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +3033.2% | +161.9% | +44.8% |
| 2013 | -115.0% | +1869.3% | -11.4% |
| 2012 | +7996.0% | +333.2% | +22.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Louis And Gloria Flanzer Philantrhopic Tr with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Louis And Gloria Flanzer Philantrhopic Tr allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officer salaries are paid, which is highly unusual for an organization of its size with assets nearing $94 million.
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 Louis And Gloria Flanzer Philantrhopic Tr's IRS 990 filings:
- Unusually high revenue fluctuations year-over-year, from negative to over $13 million, which could indicate reliance on large, infrequent donations or investment gains rather than consistent operational income.
Strengths
The following positive indicators were identified for Louis And Gloria Flanzer Philantrhopic Tr:
- Consistent 0% officer compensation, indicating extremely low administrative overhead.
- Significant and consistent growth in assets, reaching $93,895,705, demonstrating strong financial health.
- Minimal to no liabilities reported across all filings, reflecting sound financial management.
- Strong program focus due to the absence of reported administrative or fundraising expenses related to officer compensation.
Frequently Asked Questions about Louis And Gloria Flanzer Philantrhopic Tr
Is Louis And Gloria Flanzer Philantrhopic Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Louis And Gloria Flanzer Philantrhopic Tr (EIN: 146285967) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Louis And Gloria Flanzer Philantrhopic Tr spend its money?
Louis And Gloria Flanzer Philantrhopic Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Louis And Gloria Flanzer Philantrhopic Tr tax-deductible?
Louis And Gloria Flanzer Philantrhopic Tr is registered as a tax-exempt nonprofit (EIN: 146285967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Louis And Gloria Flanzer Philanthropic Trust a good charity?
Based on the available data, the Louis And Gloria Flanzer Philanthropic Trust appears to be a highly effective philanthropic entity. Its consistent 0% officer compensation, substantial asset growth to $93,895,705, and significant latest revenue of $13,829,027 suggest a strong capacity to fulfill its mission with minimal overhead.
How does the organization manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, which implies that the trust's operations are either managed by volunteers, through external contracted services not categorized as officer compensation, or that the officers are not compensated for their roles within the trust itself. This is a highly efficient model for directing funds to programs.
What is the trend in the organization's assets?
The organization's assets have shown remarkable growth, increasing from $4,278,329 in 2011 to $93,895,705 in the latest filing, indicating significant financial accumulation and stability over the past decade.
Are there any significant liabilities reported?
Across the five available filings, liabilities have been consistently low, often reported as $0 or $1, indicating very strong financial health and minimal debt.
Filing History
IRS 990 filing history for Louis And Gloria Flanzer Philantrhopic Tr showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Louis And Gloria Flanzer Philantrhopic Tr's revenue has grown by 21449.7%, moving from $12K to $2.7M. Total assets increased by 51% over the same period, from $4.3M to $6.5M. Total functional expenses rose by 13902.6%, from $5K to $735K. In its most recent filing year (2015), Louis And Gloria Flanzer Philantrhopic Tr reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $155 in liabilities against $6.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2.7M | $735K | $6.5M | $155 | — | View 990 |
| 2014 | $85K | $281K | $4.5M | $0 | — | View 990 |
| 2013 | $-150,080 | $448K | $4.7M | $1 | — | View 990 |
| 2012 | $1.0M | $23K | $5.3M | $1 | — | View 990 |
| 2011 | $12K | $5K | $4.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2.7M, expenses of $735K, and assets of $6.5M (revenue +3033.2% year-over-year).
- 2014: Revenue of $85K, expenses of $281K, and assets of $4.5M.
- 2013: Revenue of $-150,080, expenses of $448K, and assets of $4.7M (revenue -115.0% year-over-year).
- 2012: Revenue of $1.0M, expenses of $23K, and assets of $5.3M (revenue +7996.0% year-over-year).
- 2011: Revenue of $12K, expenses of $5K, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louis And Gloria Flanzer Philantrhopic Tr:
Data Sources and Methodology
This transparency report for Louis And Gloria Flanzer Philantrhopic Tr 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.