Laverne E Horner Charitable Tr Foundation
Only null% goes to programs Strong reserves Declining revenue
Laverne E Horner Charitable Tr Foundation is a 501(c)(3) organization based in Ponca City, Oklahoma, registered in 2001, with $13,875 in FY2024 revenue. CharityIndex grades it D.
Po Box 470, Ponca City, OK, 74602 EIN 73-1599582 Since 2001
Revenue (FY2024)
$14K
▲ 220.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$18K
Net assets
$197K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Laverne E Horner Charitable Tr Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating129 mo reserves · -32% 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 Laverne E Horner Charitable Tr Foundation: 129 mo reserves · -32% margin earns a D 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 Laverne E Horner Charitable Tr Foundation— 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 Laverne E Horner Charitable Tr Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 470, Ponca City, OK, 74602
- City
- Ponca City
- State
- Oklahoma
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $20K (FY2015) to $14K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $197K
Operating margin
-31.8%
Spent more than it raised in the latest fiscal year.
Total assets
$197K
Total liabilities
$0
Net assets
$197K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,875▲220% | $18,290▲20.5% | $197,180▼2.2% | $197,180▼2.2% | 990PF |
| 2023 | $4,333▼69.0% | $15,173▼21.9% | $201,549▼5.1% | $201,549▼5.1% | 990PF |
| 2022 | $13,961▼39.7% | $19,430▲7.6% | $212,353▼2.7% | $212,353▼2.7% | 990PF |
| 2021 | $23,139▲107% | $18,066▲5.2% | $218,235▲2.4% | $218,235▲2.4% | 990PF |
| 2020 | $11,181▼3.7% | $17,181▼1.0% | $213,161▼2.7% | $213,161▼2.7% | 990PF |
| 2019 | $11,611▼78.5% | $17,351▼11.9% | $218,967▼3.2% | $218,967▼3.2% | 990PF |
| 2018 | $53,918▲121% | $19,688▲40.9% | $226,313▲15.7% | $226,313▲15.7% | 990PF |
| 2017 | $24,430▲102% | $13,970▲6.6% | $195,596▲5.6% | $195,596▲5.6% | 990PF |
| 2016 | $12,085▼40.5% | $13,108▼2.3% | $185,136▼0.5% | $185,136▼0.5% | 990PF |
| 2015 | $20,328 | $13,415▲17.5% | $186,159▲12.4% | $186,159▲12.2% | 990PF |
| 2012 | — | $11,417 | $165,602 | $165,878 | 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.
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Frequently asked questions
- Is Laverne E Horner Charitable Tr Foundation a legitimate nonprofit?
- Yes. Laverne E Horner Charitable Tr Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-1599582, based in Ponca City, Oklahoma. Donations are tax-deductible.
- What is Laverne E Horner Charitable Tr Foundation's EIN?
- Laverne E Horner Charitable Tr Foundation's Employer Identification Number (EIN) is 73-1599582.
- How much revenue does Laverne E Horner Charitable Tr Foundation report?
- Laverne E Horner Charitable Tr Foundation reported $13,875 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Laverne E Horner Charitable Tr Foundation have?
- CharityIndex grades Laverne E Horner Charitable Tr Foundation D, based on financial health (reserves and operating margin).
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Data for Laverne E Horner Charitable Tr Foundation (EIN 73-1599582) 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.