L S Cortright Charitable Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
L S Cortright Charitable Trust is a 501(c)(92) organization based in Dallas, Texas, with $24,509 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 24-6020402
Revenue (FY2024)
$25K
▲ 252.0% vs prior year
Expenses (FY2024)
$15K
Net assets
$232K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L S Cortright Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating185 mo reserves · +39% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L S Cortright Charitable Trust: 185 mo reserves · +39% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L S Cortright Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L S Cortright Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $14K (FY2019) to $25K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $232K
Operating margin
38.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$232K
Total liabilities
$0
Net assets
$232K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,509▲252% | $15,045▲27.6% | $232,401▲4.1% | $232,401▲4.1% | 990PF |
| 2023 | $6,963▲257% | $11,788▼31.7% | $223,182▼2.2% | $223,182▼2.2% | 990PF |
| 2022 | -$4,437▼109% | $17,261▲12.2% | $228,100▼8.7% | $228,100▼8.7% | 990PF |
| 2021 | $52,137▲155% | $15,390▲4.6% | $249,793▲18.3% | $249,793▲18.3% | 990PF |
| 2020 | $20,474▲46.3% | $14,713▲16.1% | $211,077▲2.5% | $211,077▲2.5% | 990PF |
| 2019 | $13,993 | $12,675 | $205,986 | $205,986 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is L S Cortright Charitable Trust a legitimate nonprofit?
- Yes. L S Cortright Charitable Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 24-6020402, based in Dallas, Texas.
- What is L S Cortright Charitable Trust's EIN?
- L S Cortright Charitable Trust's Employer Identification Number (EIN) is 24-6020402.
- How much revenue does L S Cortright Charitable Trust report?
- L S Cortright Charitable Trust reported $24,509 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L S Cortright Charitable Trust have?
- CharityIndex grades L S Cortright Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for L S Cortright Charitable Trust (EIN 24-6020402) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.