Plano Land Trust Corporation
EIN: 841559910 · Wray, CO · NTEE: C34
Is Plano Land Trust Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Plano Land Trust Corporation
Plano Land Trust Corporation (EIN: 841559910) is a nonprofit organization based in Wray, CO, classified under NTEE code C34. The organization reported total revenue of $145K and total assets of $510K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plano Land Trust Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plano Land Trust Corporation is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $158K |
| Total Expenses | $178K |
| Surplus / Deficit | $-19,718 |
| Total Assets | $500K |
| Total Liabilities | $476K |
| Net Assets | $24K |
| Operating Margin | -12.4% |
| Debt-to-Asset Ratio | 95.2% |
| Months of Reserves | 33.7 months |
Financial Health Grade: C
In 2024, Plano Land Trust Corporation reported a deficit of $20K with expenses exceeding revenue, holds 33.7 months of operating reserves (strong position), has a debt-to-asset ratio of 95.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Plano Land Trust Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.6% | +9.6% | +5.2% |
| 2023 | -11.5% | -10.1% | +1.7% |
| 2022 | +27.1% | +34.2% | -2.6% |
| 2021 | +51.4% | +38.0% | +7.6% |
| 2020 | -10.1% | -7.2% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Plano Land Trust Corporation 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 Plano Land Trust Corporation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 95.2%.
Frequently Asked Questions about Plano Land Trust Corporation
Is Plano Land Trust Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Plano Land Trust Corporation (EIN: 841559910) insufficient data. 0 red flags identified, 0 strengths noted.
How does Plano Land Trust Corporation spend its money?
Detailed spending breakdown data is not yet available for Plano Land Trust Corporation. Check back for updated IRS 990 analysis.
Are donations to Plano Land Trust Corporation tax-deductible?
Plano Land Trust Corporation is registered as a tax-exempt nonprofit (EIN: 841559910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Plano Land Trust Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Plano Land Trust Corporation's revenue has grown by 91.3%, moving from $83K to $158K. Total assets decreased by 7.6% over the same period, from $541K to $500K. Total functional expenses rose by 157%, from $69K to $178K. In its most recent filing year (2024), Plano Land Trust Corporation reported a deficit of $20K, with expenses exceeding revenue. The organization holds $476K in liabilities against $500K in assets (debt-to-asset ratio: 95.2%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $158K | $178K | $500K | $476K | — | — |
| 2023 | $135K | $162K | $475K | $457K | — | View 990 |
| 2022 | $152K | $181K | $467K | $452K | — | — |
| 2021 | $120K | $135K | $480K | $464K | — | — |
| 2020 | $79K | $98K | $446K | $433K | — | View 990 |
| 2019 | $88K | $105K | $442K | $429K | — | View 990 |
| 2018 | $68K | $90K | $474K | $464K | — | View 990 |
| 2017 | $121K | $123K | $493K | $481K | — | View 990 |
| 2016 | $133K | $128K | $507K | $492K | — | View 990 |
| 2015 | $36K | $53K | $523K | $495K | — | View 990 |
| 2014 | $81K | $92K | $541K | $497K | — | View 990 |
| 2013 | $139K | $144K | $573K | $519K | — | View 990 |
| 2012 | $48K | $52K | $537K | $477K | — | View 990 |
| 2011 | $83K | $69K | $541K | $477K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $158K, expenses of $178K, and assets of $500K (revenue +17.6% year-over-year).
- 2023: Revenue of $135K, expenses of $162K, and assets of $475K (revenue -11.5% year-over-year).
- 2022: Revenue of $152K, expenses of $181K, and assets of $467K (revenue +27.1% year-over-year).
- 2021: Revenue of $120K, expenses of $135K, and assets of $480K (revenue +51.4% year-over-year).
- 2020: Revenue of $79K, expenses of $98K, and assets of $446K (revenue -10.1% year-over-year).
- 2019: Revenue of $88K, expenses of $105K, and assets of $442K (revenue +29.3% year-over-year).
- 2018: Revenue of $68K, expenses of $90K, and assets of $474K (revenue -43.7% year-over-year).
- 2017: Revenue of $121K, expenses of $123K, and assets of $493K (revenue -9.2% year-over-year).
- 2016: Revenue of $133K, expenses of $128K, and assets of $507K (revenue +266.9% year-over-year).
- 2015: Revenue of $36K, expenses of $53K, and assets of $523K (revenue -55.3% year-over-year).
- 2014: Revenue of $81K, expenses of $92K, and assets of $541K (revenue -41.6% year-over-year).
- 2013: Revenue of $139K, expenses of $144K, and assets of $573K (revenue +190.6% year-over-year).
- 2012: Revenue of $48K, expenses of $52K, and assets of $537K (revenue -42.1% year-over-year).
- 2011: Revenue of $83K, expenses of $69K, and assets of $541K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plano Land Trust Corporation:
Data Sources and Methodology
This transparency report for Plano Land Trust Corporation 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.