Leonard A Good Testamentary Tr is a 501(c)(3) organization based in Ogden, Iowa, registered in 1990, with $373,799 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$374K
▲ 205.0% vs prior year
Expenses (FY2023)
$763K
Net assets
$8.2M
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 Leonard A Good Testamentary Tr— 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 Leonard A Good Testamentary Tr: 128 mo reserves · -104% 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 Leonard A Good Testamentary Tr— 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 Leonard A Good Testamentary Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $460K (FY2013) to $374K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-104.2%
Spent more than it raised in the latest fiscal year.
Total assets
$8.2M
Total liabilities
$0
Net assets
$8.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $373,799▲205% | $763,235▲11.0% | $8,161,862▼4.6% | $8,161,862▼4.6% | 990PF |
| 2022 | $122,548▼48.2% | $687,442▼2.3% | $8,551,298▼6.2% | $8,551,298▼6.2% | 990PF |
| 2021 | $236,597▲78.9% | $703,492▲5.7% | $9,116,192▼4.9% | $9,116,192▼4.9% | 990PF |
| 2020 | $132,283▼68.2% | $665,539▼9.1% | $9,583,087▼5.3% | $9,583,087▼5.3% | 990PF |
| 2019 | $415,854▼2.0% | $732,315▼0.6% | $10,116,343▼3.0% | $10,116,343▼3.0% | 990PF |
| 2018 | $424,228▲5.8% | $736,583▲6.7% | $10,432,804▼2.9% | $10,432,804▼2.9% | 990PF |
| 2017 | $400,859▼7.0% | $690,535▼6.1% | $10,745,159▼2.6% | $10,745,159▼2.6% | 990PF |
| 2016 | $430,874▼89.4% | $735,748▲32.6% | $11,034,835▼2.7% | $11,034,835▼2.7% | 990PF |
| 2015 | $4,081,176▲817% | $554,803▲1.8% | $11,339,709▲45.1% | $11,339,709▲45.1% | 990PF |
| 2014 | $445,210▼3.2% | $544,987▼8.9% | $7,813,336▼1.3% | $7,813,336▼1.3% | 990PF |
| 2013 | $459,708 | $598,400 | $7,913,113 | $7,913,113 | 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 Leonard A Good Testamentary Tr (EIN 42-6453227) 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.