Layte H Thomas Test Tr Fund F is a 501(c)(3) organization based in Brooklyn, Ohio, registered in 1971, with $428,602 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$429K
▲ 588.2% vs prior year
Expenses (FY2024)
$255K
Net assets
$4.3M
Employees
—
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 Layte H Thomas Test Tr Fund F— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Layte H Thomas Test Tr Fund F: 203 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
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 Layte H Thomas Test Tr Fund F— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Layte H Thomas Test Tr Fund F: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $360K (FY2019) to $429K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
40.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $428,602▲588% | $255,038▼0.8% | $4,308,156▲4.2% | $4,308,156▲4.2% | 990PF |
| 2023 | $62,280▲361% | $256,991▼14.9% | $4,135,101▼4.5% | $4,135,101▼4.5% | 990PF |
| 2022 | -$23,855▼104% | $301,865▲15.4% | $4,329,812▼7.0% | $4,329,812▼7.0% | 990PF |
| 2021 | $589,255▲141% | $261,501▲1.0% | $4,655,532▲7.6% | $4,655,532▲7.6% | 990PF |
| 2020 | $244,908▼32.0% | $258,986▼1.1% | $4,327,778▼0.3% | $4,327,778▼0.3% | 990PF |
| 2019 | $360,190 | $261,970 | $4,341,856 | $4,341,856 | 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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Data for Layte H Thomas Test Tr Fund F (EIN 34-1286396) 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.