William Frank Lebus Jr Tr Uw
William Frank Lebus Jr Tr Uw's assets have declined by over 50% in the last decade, with significant expense fluctuations.
EIN: 206658002 · Louisville, KY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $995K |
| Total Expenses | $216K |
| Program Spending | 90% |
| Net Assets | $3.0M |
| Transparency Score | 65/100 |
Is William Frank Lebus Jr Tr Uw Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William Frank Lebus Jr Tr Uw directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William Frank Lebus Jr Tr Uw
William Frank Lebus Jr Tr Uw (EIN: 206658002) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $995K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William Frank Lebus Jr Tr Uw's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William Frank Lebus Jr Tr Uw is a small nonprofit, with 16 years of IRS 990 filings on record (2005–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $216K |
| Surplus / Deficit | $-25,816 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -13.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 166.4 months |
Financial Health Grade: B
In 2023, William Frank Lebus Jr Tr Uw reported a deficit of $26K with expenses exceeding revenue, holds 166.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 16 years of filings (2005–2023), William Frank Lebus Jr Tr Uw's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.8% | -95.5% | -0.8% |
| 2022 | +579.8% | +968.2% | -45.5% |
| 2021 | +17.2% | +4.4% | -2.1% |
| 2020 | +11.5% | -11.5% | -2.5% |
| 2019 | -31.8% | +14.3% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 William Frank Lebus Jr Tr Uw with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, William Frank Lebus Jr Tr Uw allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the trust does not pay its officers, which is a positive for resource allocation.
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 William Frank Lebus Jr Tr Uw's IRS 990 filings:
- Significant asset decline over the past decade (from $6.3M in 2011 to $2.9M in 2023)
- Large expense in 2022 ($4.8M) significantly outstripping revenue ($2.3M) without clear explanation in summary data
- Unusual consistent $1 liability reported in recent years
- Lack of specific NTEE code or detailed mission information in the provided data
Strengths
The following positive indicators were identified for William Frank Lebus Jr Tr Uw:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level
- Consistent filing of IRS Form 990s, demonstrating compliance
- Maintains a substantial asset base ($2.9M in 2023) despite declines
Frequently Asked Questions about William Frank Lebus Jr Tr Uw
Is William Frank Lebus Jr Tr Uw a legitimate charity?
William Frank Lebus Jr Tr Uw (EIN: 206658002) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 65/100. It has 16 years of IRS 990 filings on record. Total revenue: $995K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does William Frank Lebus Jr Tr Uw spend its money?
William Frank Lebus Jr Tr Uw directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to William Frank Lebus Jr Tr Uw tax-deductible?
William Frank Lebus Jr Tr Uw is registered as a tax-exempt nonprofit (EIN: 206658002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is William Frank Lebus Jr Tr Uw located?
William Frank Lebus Jr Tr Uw is headquartered in Louisville, Kentucky and files with the IRS under EIN 206658002.
How many years of IRS 990 filings does William Frank Lebus Jr Tr Uw have?
William Frank Lebus Jr Tr Uw has 16 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 $995K in total revenue.
What is the specific mission or purpose of the William Frank Lebus Jr Tr Uw?
The provided data does not specify the NTEE code or a detailed mission statement, making it difficult to ascertain the trust's exact charitable purpose. Further investigation into its governing documents would be necessary.
Why did the organization incur such a large expense in 2022 ($4,833,084) that significantly exceeded its revenue?
The data suggests a substantial outflow in 2022, likely due to a large grant distribution, investment loss, or a significant one-time expense. Without detailed expense categories from the 990, the exact reason is unclear.
What is the nature of the consistent $1 liability reported in recent years?
The recurring $1 liability is unusual and could be an accounting artifact or a nominal placeholder. It warrants a closer look at the organization's balance sheet details in its full 990 filings.
How does the organization manage its declining asset base?
The organization's assets have decreased from over $6 million in 2011-2015 to under $3 million in 2023. This trend suggests either significant distributions exceeding investment returns or investment losses. Its long-term sustainability depends on its asset management strategy.
Filing History
IRS 990 filing history for William Frank Lebus Jr Tr Uw showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2005–2023), William Frank Lebus Jr Tr Uw's revenue has declined by 35.6%, moving from $295K to $190K. Total assets decreased by 48.3% over the same period, from $5.8M to $3.0M. Total functional expenses rose by 19.9%, from $180K to $216K. In its most recent filing year (2023), William Frank Lebus Jr Tr Uw reported a deficit of $26K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $216K | $3.0M | $1 | — | — |
| 2022 | $2.3M | $4.8M | $3.0M | $1 | — | View 990 |
| 2021 | $341K | $452K | $5.5M | $1 | — | — |
| 2020 | $291K | $433K | $5.7M | $1 | — | — |
| 2019 | $261K | $490K | $5.8M | $1 | — | — |
| 2015 | $383K | $428K | $6.1M | $1 | — | View 990 |
| 2014 | $286K | $410K | $6.1M | $0 | — | View 990 |
| 2013 | $306K | $368K | $6.2M | $0 | — | View 990 |
| 2012 | $326K | $364K | $6.3M | $0 | — | View 990 |
| 2011 | $525K | $302K | $6.3M | $0 | — | View 990 |
| 2010 | $421K | $271K | $6.3M | $0 | — | View 990 |
| 2009 | $172K | $245K | $6.2M | $0 | — | View 990 |
| 2008 | $256K | $285K | $6.2M | $0 | — | View 990 |
| 2007 | $209K | $275K | $6.3M | $0 | — | View 990 |
| 2006 | $292K | $271K | $6.3M | $0 | — | View 990 |
| 2005 | $295K | $180K | $5.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $216K, and assets of $3.0M (revenue -91.8% year-over-year).
- 2022: Revenue of $2.3M, expenses of $4.8M, and assets of $3.0M (revenue +579.8% year-over-year).
- 2021: Revenue of $341K, expenses of $452K, and assets of $5.5M (revenue +17.2% year-over-year).
- 2020: Revenue of $291K, expenses of $433K, and assets of $5.7M (revenue +11.5% year-over-year).
- 2019: Revenue of $261K, expenses of $490K, and assets of $5.8M (revenue -31.8% year-over-year).
- 2015: Revenue of $383K, expenses of $428K, and assets of $6.1M (revenue +33.9% year-over-year).
- 2014: Revenue of $286K, expenses of $410K, and assets of $6.1M (revenue -6.7% year-over-year).
- 2013: Revenue of $306K, expenses of $368K, and assets of $6.2M (revenue -6.2% year-over-year).
- 2012: Revenue of $326K, expenses of $364K, and assets of $6.3M (revenue -37.8% year-over-year).
- 2011: Revenue of $525K, expenses of $302K, and assets of $6.3M (revenue +24.8% year-over-year).
- 2010: Revenue of $421K, expenses of $271K, and assets of $6.3M (revenue +144.8% year-over-year).
- 2009: Revenue of $172K, expenses of $245K, and assets of $6.2M (revenue -33.0% year-over-year).
- 2008: Revenue of $256K, expenses of $285K, and assets of $6.2M (revenue +22.7% year-over-year).
- 2007: Revenue of $209K, expenses of $275K, and assets of $6.3M (revenue -28.4% year-over-year).
- 2006: Revenue of $292K, expenses of $271K, and assets of $6.3M (revenue -1.1% year-over-year).
- 2005: Revenue of $295K, expenses of $180K, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William Frank Lebus Jr Tr Uw:
Data Sources and Methodology
This transparency report for William Frank Lebus Jr Tr Uw 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.