Leo W Dunlap Testamentary Trust is a 501(c)(3) organization based in Newark, Ohio, registered in 1993, with $238,732 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$239K
▼ 53.5% vs prior year
Expenses (FY2025)
$726K
Net assets
$7.7M
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 Leo W Dunlap Testamentary Trust— 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 Leo W Dunlap Testamentary Trust: 128 mo reserves · -204% margin earns a F 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 Leo W Dunlap Testamentary Trust— 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 Leo W Dunlap Testamentary Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $169K (FY2021) to $239K (FY2025) across 5 reported years.
Financial snapshot
Operating margin
-204.0%
Spent more than it raised in the latest fiscal year.
Total assets
$7.7M
Total liabilities
$0
Net assets
$7.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $238,732▼53.5% | $725,823▲33.2% | $7,731,263▼5.9% | $7,731,263▼5.9% | 990PF |
| 2024 | $513,161▲269% | $544,971▲5.5% | $8,218,354▲105% | $8,218,354▲104% | 990PF |
| 2023 | $138,958▼96.4% | $516,710▼33.1% | $4,009,254▼8.6% | $4,029,254▼8.2% | 990PF |
| 2022 | $3,868,002▲2188% | $771,884▲159% | $4,387,006▲240% | $4,387,006▲240% | 990PF |
| 2021 | $169,048 | $298,253 | $1,290,888 | $1,290,888 | 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.
Explore more
Data for Leo W Dunlap Testamentary Trust (EIN 31-6325807) 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.