Milligan Lebard Foundation Inc
EIN: 731292504 · Oklahoma City, OK
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $775 |
| Net Assets | $12K |
Is Milligan Lebard Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Milligan Lebard Foundation Inc
Milligan Lebard Foundation Inc (EIN: 731292504) is a nonprofit organization based in Oklahoma City, OK. The organization reported total revenue of $108K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milligan Lebard Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milligan Lebard Foundation Inc is a small nonprofit that has been operating for 39 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 | $1K |
| Total Expenses | $775 |
| Surplus / Deficit | +$268 |
| Total Assets | $12K |
| Total Liabilities | $1 |
| Net Assets | $12K |
| Operating Margin | 25.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 188.9 months |
Financial Health Grade: A
In 2023, Milligan Lebard Foundation Inc reported a surplus of $268 with revenue exceeding expenses, holds 188.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.3% | -16.2% | +2.1% |
| 2022 | -2.1% | +27.6% | +2.9% |
| 2021 | +136.7% | -3.3% | +5.2% |
| 2020 | -20.0% | +7.1% | -1.8% |
| 2019 | -7.5% | +22.8% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milligan Lebard Foundation Inc 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 Milligan Lebard Foundation Inc 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 $268, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Milligan Lebard Foundation Inc
Is Milligan Lebard Foundation Inc a legitimate charity?
Milligan Lebard Foundation Inc (EIN: 731292504) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. Financial health grade: A.
How does Milligan Lebard Foundation Inc spend its money?
Milligan Lebard Foundation Inc reported $108K 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 Milligan Lebard Foundation Inc tax-deductible?
Milligan Lebard Foundation Inc is registered as a tax-exempt nonprofit (EIN: 731292504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milligan Lebard Foundation Inc located?
Milligan Lebard Foundation Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 731292504.
How many years of IRS 990 filings does Milligan Lebard Foundation Inc have?
Milligan Lebard Foundation Inc 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 $108K in total revenue.
Filing History
IRS 990 filing history for Milligan Lebard Foundation Inc showing financial trends over 10 years of public records:
Total assets increased by 4.4% over the same period, from $12K to $12K. Total functional expenses rose by 55%, from $500 to $775. In its most recent filing year (2023), Milligan Lebard Foundation Inc reported a surplus of $268, with revenue exceeding expenses. The organization holds $1 in liabilities against $12K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $775 | $12K | $1 | — | View 990 |
| 2022 | $1K | $925 | $12K | $1 | — | View 990 |
| 2021 | $1K | $725 | $12K | $1 | — | — |
| 2020 | $551 | $750 | $11K | $1 | — | — |
| 2019 | $689 | $700 | $11K | $0 | — | View 990 |
| 2015 | $745 | $570 | $10K | $0 | — | View 990 |
| 2014 | $1K | $525 | $10K | $0 | — | View 990 |
| 2013 | $733 | $500 | $10K | $0 | — | View 990 |
| 2012 | $-1,886 | $500 | $9K | $0 | — | View 990 |
| 2011 | $-19 | $500 | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $775, and assets of $12K (revenue -18.3% year-over-year).
- 2022: Revenue of $1K, expenses of $925, and assets of $12K (revenue -2.1% year-over-year).
- 2021: Revenue of $1K, expenses of $725, and assets of $12K (revenue +136.7% year-over-year).
- 2020: Revenue of $551, expenses of $750, and assets of $11K (revenue -20.0% year-over-year).
- 2019: Revenue of $689, expenses of $700, and assets of $11K (revenue -7.5% year-over-year).
- 2015: Revenue of $745, expenses of $570, and assets of $10K (revenue -34.8% year-over-year).
- 2014: Revenue of $1K, expenses of $525, and assets of $10K (revenue +55.9% year-over-year).
- 2013: Revenue of $733, expenses of $500, and assets of $10K.
- 2012: Revenue of $-1,886, expenses of $500, and assets of $9K.
- 2011: Revenue of $-19, expenses of $500, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milligan Lebard Foundation Inc:
Data Sources and Methodology
This transparency report for Milligan Lebard Foundation Inc 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.