Lrghealthcare Workers Compensation Trust
Lrghealthcare Workers Compensation Trust maintains strong assets and zero liabilities with no officer compensation.
EIN: 20459480 · Concord, NH · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $423K |
| Total Expenses | $3K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $958K |
| Transparency Score | 90/100 |
Is Lrghealthcare Workers Compensation Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lrghealthcare Workers Compensation Trust directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lrghealthcare Workers Compensation Trust
Lrghealthcare Workers Compensation Trust (EIN: 20459480) is a nonprofit organization based in Concord, NH, classified under NTEE code E11. The organization reported total revenue of $423K and total assets of $958K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lrghealthcare Workers Compensation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lrghealthcare Workers Compensation Trust is a small nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $3K |
| Surplus / Deficit | +$22K |
| Total Assets | $958K |
| Net Assets | $958K |
| Operating Margin | 87.5% |
| Months of Reserves | 3613.6 months |
Financial Health Grade: A
In 2020, Lrghealthcare Workers Compensation Trust reported a surplus of $22K with revenue exceeding expenses, holds 3613.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Lrghealthcare Workers Compensation Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -94.6% | +17.1% | +2.4% |
| 2019 | +108.3% | -99.4% | +100.9% |
| 2018 | -27.0% | -35.4% | -29.7% |
| 2017 | +33.7% | +4.5% | -34.2% |
| 2016 | +432.5% | +8702.1% | -28.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Lrghealthcare Workers Compensation Trust with a Mission Score of 90 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: 95%
- fundraising: 0%
According to IRS 990 filings, Lrghealthcare Workers Compensation Trust allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive compensation from the organization, which is highly unusual for an entity managing nearly $1 million in assets.
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 Lrghealthcare Workers Compensation Trust's IRS 990 filings:
- Significant fluctuations in annual revenue and expenses without clear explanation in the provided data.
- Lack of detailed expense breakdown beyond total expenses, making it difficult to fully assess operational efficiency.
Strengths
The following positive indicators were identified for Lrghealthcare Workers Compensation Trust:
- Consistently reports zero liabilities, indicating strong financial stability.
- Zero officer compensation reported, suggesting highly efficient use of funds or volunteer leadership.
- Maintains substantial assets relative to its annual expenses in many periods, providing a strong financial cushion.
- High program spending ratio (estimated 95%) due to minimal reported expenses.
Frequently Asked Questions about Lrghealthcare Workers Compensation Trust
Is Lrghealthcare Workers Compensation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Lrghealthcare Workers Compensation Trust (EIN: 20459480) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Lrghealthcare Workers Compensation Trust spend its money?
Lrghealthcare Workers Compensation Trust directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lrghealthcare Workers Compensation Trust tax-deductible?
Lrghealthcare Workers Compensation Trust is registered as a tax-exempt nonprofit (EIN: 20459480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lrghealthcare Workers Compensation Trust CEO make?
Lrghealthcare Workers Compensation Trust's highest-compensated officer earns $1 annually. The organization reported $423K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Lrghealthcare Workers Compensation Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lrghealthcare Workers Compensation Trust is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lrghealthcare Workers Compensation Trust located?
Lrghealthcare Workers Compensation Trust is headquartered in Concord, New Hampshire and files with the IRS under EIN 20459480. It is classified under NTEE code E11.
How many years of IRS 990 filings does Lrghealthcare Workers Compensation Trust have?
Lrghealthcare Workers Compensation Trust 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 $423K in total revenue.
What are the primary expenses of Lrghealthcare Workers Compensation Trust?
Given the low reported expenses (e.g., $3,181 in 2020) and the nature of a workers' compensation trust, the primary expenses are likely claims paid out to beneficiaries and minimal administrative costs associated with managing the trust, rather than typical operational overhead.
How does the organization generate its revenue?
As a workers' compensation trust, revenue is primarily generated through contributions or premiums from participating healthcare employers, as well as potential investment income from its substantial asset base.
Why is officer compensation consistently zero?
The consistent reporting of zero officer compensation suggests that the trust may be managed by volunteers, or its administrative functions are handled by an external entity or parent organization, with compensation for those services not directly reported as officer compensation on this specific 990 filing.
Filing History
IRS 990 filing history for Lrghealthcare Workers Compensation Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Lrghealthcare Workers Compensation Trust's revenue has declined by 41.2%, moving from $43K to $26K. Total assets decreased by 35.3% over the same period, from $1.5M to $958K. Total functional expenses fell by 49.6%, from $6K to $3K. In its most recent filing year (2020), Lrghealthcare Workers Compensation Trust reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $26K | $3K | $958K | $0 | — | View 990 |
| 2019 | $473K | $3K | $936K | $0 | — | View 990 |
| 2018 | $227K | $423K | $466K | $0 | — | View 990 |
| 2017 | $311K | $655K | $662K | $0 | — | View 990 |
| 2016 | $232K | $626K | $1.0M | $0 | — | View 990 |
| 2015 | $44K | $7K | $1.4M | $0 | — | View 990 |
| 2014 | $40K | $6K | $1.4M | $0 | — | View 990 |
| 2013 | $95K | $206K | $1.3M | $0 | — | View 990 |
| 2012 | $67K | $107K | $1.4M | $0 | — | View 990 |
| 2011 | $43K | $6K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $26K, expenses of $3K, and assets of $958K (revenue -94.6% year-over-year).
- 2019: Revenue of $473K, expenses of $3K, and assets of $936K (revenue +108.3% year-over-year).
- 2018: Revenue of $227K, expenses of $423K, and assets of $466K (revenue -27.0% year-over-year).
- 2017: Revenue of $311K, expenses of $655K, and assets of $662K (revenue +33.7% year-over-year).
- 2016: Revenue of $232K, expenses of $626K, and assets of $1.0M (revenue +432.5% year-over-year).
- 2015: Revenue of $44K, expenses of $7K, and assets of $1.4M (revenue +10.1% year-over-year).
- 2014: Revenue of $40K, expenses of $6K, and assets of $1.4M (revenue -58.4% year-over-year).
- 2013: Revenue of $95K, expenses of $206K, and assets of $1.3M (revenue +41.6% year-over-year).
- 2012: Revenue of $67K, expenses of $107K, and assets of $1.4M (revenue +55.3% year-over-year).
- 2011: Revenue of $43K, expenses of $6K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lrghealthcare Workers Compensation Trust:
Data Sources and Methodology
This transparency report for Lrghealthcare Workers Compensation Trust 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.