Severine G Jr & Grace H Leoffler Trust is a 501(c)(3) organization based in Annapolis, Maryland, registered in 1986, with -$2,333 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
-$2,333
▲ 87.1% vs prior year
Expenses (FY2023)
$32K
Net assets
$276K
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 Severine G Jr & Grace H Leoffler 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 Severine G Jr & Grace H Leoffler Trust: 103 mo reserves · -1476% 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 Severine G Jr & Grace H Leoffler 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 Severine G Jr & Grace H Leoffler Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $16K (FY2019) to -$2,333 (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-1476.1%
Spent more than it raised in the latest fiscal year.
Total assets
$280K
Total liabilities
$3,838
Net assets
$276K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | -$2,333▲87.1% | $32,105▼14.6% | $275,932▼10.3% | $279,770▼11.0% | 990PF |
| 2022 | -$18,106▼127% | $37,604▼61.1% | $307,480▼17.2% | $314,318▼16.9% | 990PF |
| 2021 | $67,319▲78.5% | $96,606▲129% | $371,563 | $378,401▼7.5% | 990PF |
| 2020 | $37,716▲137% | $42,269▲2.9% | $0 | $409,112▼1.4% | 990PF |
| 2019 | $15,904 | $41,077▼3.7% | $0▼100% | $414,715▼19.1% | 990PF |
| 2011 | — | $42,670 | $512,823 | $512,823 | 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 Severine G Jr & Grace H Leoffler Trust (EIN 59-6808046) 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.