Ltr Private Foundation
EIN: 455555783 · Wilmington, DE
| Metric | Value |
|---|---|
| Total Expenses | $12K |
| Net Assets | $71K |
Is Ltr Private Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ltr Private Foundation
Ltr Private Foundation (EIN: 455555783) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ltr Private Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ltr Private Foundation is a micro nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -91.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $67 |
| Total Expenses | $12K |
| Surplus / Deficit | $-11,999 |
| Total Assets | $71K |
| Total Liabilities | $1 |
| Net Assets | $71K |
| Operating Margin | -17909.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 70.9 months |
Financial Health Grade: B
In 2015, Ltr Private Foundation reported a deficit of $12K with expenses exceeding revenue, holds 70.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2012–2015), Ltr Private Foundation's revenue has declined at a compound annual growth rate (CAGR) of -91.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -52.1% | -54.6% | -14.4% |
| 2014 | -36.9% | +109.1% | -24.1% |
| 2013 | -99.8% | — | -10.2% |
AI Analysis Pending
AI enrichment for Ltr Private 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 Ltr Private 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ltr Private Foundation
Is Ltr Private Foundation a legitimate charity?
Ltr Private Foundation (EIN: 455555783) is a registered tax-exempt nonprofit based in Delaware. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Ltr Private Foundation spend its money?
Ltr Private Foundation reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ltr Private Foundation tax-deductible?
Ltr Private Foundation is registered as a tax-exempt nonprofit (EIN: 455555783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ltr Private Foundation located?
Ltr Private Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 455555783.
How many years of IRS 990 filings does Ltr Private Foundation have?
Ltr Private Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Ltr Private Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Ltr Private Foundation's revenue has declined by 99.9%, moving from $122K to $67. Total assets decreased by 41.7% over the same period, from $122K to $71K. In its most recent filing year (2015), Ltr Private Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $71K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $71K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $67 | $12K | $71K | $1 | — | View 990 |
| 2014 | $140 | $27K | $83K | $1 | — | View 990 |
| 2013 | $222 | $13K | $110K | $1 | — | View 990 |
| 2012 | $122K | $0 | $122K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $67, expenses of $12K, and assets of $71K (revenue -52.1% year-over-year).
- 2014: Revenue of $140, expenses of $27K, and assets of $83K (revenue -36.9% year-over-year).
- 2013: Revenue of $222, expenses of $13K, and assets of $110K (revenue -99.8% year-over-year).
- 2012: Revenue of $122K, expenses of $0, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ltr Private Foundation:
Data Sources and Methodology
This transparency report for Ltr Private 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.