W Leo Daniels Towers Inc
EIN: 741968204 · Houston, TX
| Metric | Value |
|---|---|
| Total Revenue | $934K |
| Total Expenses | $908K |
| Net Assets | $-130,669 |
Is W Leo Daniels Towers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About W Leo Daniels Towers Inc
W Leo Daniels Towers Inc (EIN: 741968204) is a nonprofit organization based in Houston, TX. The organization reported total revenue of $934K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of W Leo Daniels Towers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
W Leo Daniels Towers Inc is a small nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $934K |
| Total Expenses | $908K |
| Surplus / Deficit | +$26K |
| Total Assets | $1.9M |
| Total Liabilities | $2.0M |
| Net Assets | $-130,669 |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 106.9% |
| Months of Reserves | 25.0 months |
Financial Health Grade: A
In 2021, W Leo Daniels Towers Inc reported a surplus of $26K with revenue exceeding expenses, holds 25.0 months of operating reserves (strong position), has a debt-to-asset ratio of 106.9% (high leverage).
Financial Trends
Over 12 years of filings (2010–2021), W Leo Daniels Towers Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -23.3% | -9.4% | -0.4% |
| 2020 | -2.9% | -10.3% | +11.6% |
| 2019 | -0.2% | -10.8% | +4.4% |
| 2018 | +0.9% | +10.5% | -1.5% |
| 2017 | +3.6% | -3.0% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for W Leo Daniels Towers 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 W Leo Daniels Towers 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 106.9%.
Frequently Asked Questions about W Leo Daniels Towers Inc
Is W Leo Daniels Towers Inc a legitimate charity?
W Leo Daniels Towers Inc (EIN: 741968204) is a registered tax-exempt nonprofit based in Texas. It has 12 years of IRS 990 filings on record. Total revenue: $934K. No red flags identified. Financial health grade: A.
How does W Leo Daniels Towers Inc spend its money?
W Leo Daniels Towers Inc reported $934K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to W Leo Daniels Towers Inc tax-deductible?
W Leo Daniels Towers Inc is registered as a tax-exempt nonprofit (EIN: 741968204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is W Leo Daniels Towers Inc located?
W Leo Daniels Towers Inc is headquartered in Houston, Texas and files with the IRS under EIN 741968204.
How many years of IRS 990 filings does W Leo Daniels Towers Inc have?
W Leo Daniels Towers Inc has 12 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 $934K in total revenue.
Filing History
IRS 990 filing history for W Leo Daniels Towers Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2021), W Leo Daniels Towers Inc's revenue has declined by 55.3%, moving from $2.1M to $934K. Total assets decreased by 9.7% over the same period, from $2.1M to $1.9M. Total functional expenses fell by 33.8%, from $1.4M to $908K. In its most recent filing year (2021), W Leo Daniels Towers Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $1.9M in assets (debt-to-asset ratio: 106.9%), resulting in net assets of $-130,669.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $934K | $908K | $1.9M | $2.0M | — | View 990 |
| 2020 | $1.2M | $1.0M | $1.9M | $2.1M | — | — |
| 2019 | $1.3M | $1.1M | $1.7M | $2.1M | — | View 990 |
| 2018 | $1.3M | $1.3M | $1.6M | $2.1M | — | View 990 |
| 2017 | $1.2M | $1.1M | $1.7M | $2.2M | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.6M | $2.2M | — | View 990 |
| 2015 | $1.1M | $1.2M | $1.6M | $2.2M | — | View 990 |
| 2014 | $1.2M | $1.2M | $1.6M | $2.2M | — | View 990 |
| 2013 | $1.1M | $1.2M | $1.7M | $2.2M | — | View 990 |
| 2012 | $1.1M | $1.0M | $1.8M | $2.2M | — | View 990 |
| 2011 | $965K | $1.0M | $1.7M | $2.2M | — | View 990 |
| 2010 | $2.1M | $1.4M | $2.1M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $934K, expenses of $908K, and assets of $1.9M (revenue -23.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.0M, and assets of $1.9M (revenue -2.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $1.7M (revenue -0.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $1.6M (revenue +0.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $1.7M (revenue +3.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.6M (revenue +5.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $1.6M (revenue -3.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $1.6M (revenue +6.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $1.7M (revenue +0.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $1.8M (revenue +14.5% year-over-year).
- 2011: Revenue of $965K, expenses of $1.0M, and assets of $1.7M (revenue -53.8% year-over-year).
- 2010: Revenue of $2.1M, expenses of $1.4M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for W Leo Daniels Towers Inc:
Data Sources and Methodology
This transparency report for W Leo Daniels Towers 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.