Lucien L Audet Trust 988
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Lucien L Audet Trust 988 is a 501(c)(3) organization based in Dallas, Texas, registered in 1978, with $24,519 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 01-6059798 Since 1978
Revenue (FY2024)
$25K
▲ 194.7% vs prior year
Expenses (FY2024)
$18K
Net assets
$248K
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 Lucien L Audet Trust 988— 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 rating167 mo reserves · +28% 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 Lucien L Audet Trust 988: 167 mo reserves · +28% 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 Lucien L Audet Trust 988— 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 Lucien L Audet Trust 988: 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 $11K (FY2014) to $25K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $248K
Operating margin
27.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$248K
Total liabilities
$0
Net assets
$248K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,519▲195% | $17,774▲13.2% | $247,587▲2.3% | $247,587▲2.3% | 990PF |
| 2023 | $8,321▲250% | $15,705▼9.9% | $242,030▼2.0% | $242,030▼2.0% | 990PF |
| 2022 | -$5,552▼110% | $17,429▼16.4% | $247,063▼8.5% | $247,063▼8.5% | 990PF |
| 2021 | $55,928▲223% | $20,836▲35.0% | $270,078▲3.4% | $270,078▲3.4% | 990PF |
| 2020 | $17,295▼5.5% | $15,432▼0.7% | $261,138▲14.0% | $261,138▲14.0% | 990PF |
| 2019 | $18,302▲40.0% | $15,536▼7.2% | $229,150▼1.1% | $229,150▼1.1% | 990PF |
| 2018 | $13,072▼44.8% | $16,747▲6.3% | $231,589▼3.3% | $231,589▼3.3% | 990PF |
| 2017 | $23,684▲215% | $15,760▲17.5% | $239,403▲3.5% | $239,403▲3.5% | 990PF |
| 2016 | $7,516▲418% | $13,417▼10.3% | $231,396▼0.9% | $231,396▼0.9% | 990PF |
| 2015 | $1,451▼87.0% | $14,962▼4.0% | $233,579▼5.7% | $233,579▼5.7% | 990PF |
| 2014 | $11,204 | $15,591 | $247,582 | $247,582 | 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 Lucien L Audet Trust 988 a legitimate nonprofit?
- Yes. Lucien L Audet Trust 988 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-6059798, based in Dallas, Texas. Donations are tax-deductible.
- What is Lucien L Audet Trust 988's EIN?
- Lucien L Audet Trust 988's Employer Identification Number (EIN) is 01-6059798.
- How much revenue does Lucien L Audet Trust 988 report?
- Lucien L Audet Trust 988 reported $24,519 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lucien L Audet Trust 988 have?
- CharityIndex grades Lucien L Audet Trust 988 C+, based on financial health (reserves and operating margin).
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Data for Lucien L Audet Trust 988 (EIN 01-6059798) 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.