Lela E Powers Tr

Muncie, INGovernment-related / quasi-publicEIN 35-6039274Revenue $129K in FY2024

On file with the IRS200 E Jackson St, 47305-2835 · Muncie, INTax-exempt since 0000

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FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $78K a year · 55% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$129K
-18% vs prior year
Spent
$371K
Net assets
$241K
By yearFY2020–FY2024
Revenue
$129K
FY2024▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$154K
FY2021$144K
FY2022$123K
FY2023$157K
FY2024$129K
Expenses
$371K
FY2024▲ +47%
Tap a bar for its year
Expenses by fiscal year
FY2020$152K
FY2021$150K
FY2022$170K
FY2023$253K
FY2024$371K
Net assets
$241K
FY2024▼ -50%
Tap a bar for its year
Net assets by fiscal year
FY2020$631K
FY2021$626K
FY2022$578K
FY2023$482K
FY2024$241K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in 0000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 84% · $313K Operating & administrative 16% · $58K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation

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Programs and updates

A government-related organization based in Muncie, IN.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 6 grants · $313K · 2024–2024
Wabash CollegeIN · FY2024$109,718
Moody Bible InstituteFY2024$62,696
American Bible SocietyFY2024$47,022
Salvation ArmyFY2024$31,348
Individual RecipientFY2024$31,348

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV2
Average grantPart XV$52K
Median grantPart XV$47K
Largest grantPart XV$110K
Top cause focusNTEEColleges & Universities (17%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$129K
Other income$66K
Investment income$63K
Money out
$371K
Grants paid$313K
Running costs$58K
Owns and owes
$241K
net assets
Cash and savings$38K
Total assets$241K
Liabilities$0
2In more detail
Revenue in detail
Investment income$63K
Other income$66K
Total revenue$129K
Assets in detailEnd of year
Cash and savings together$38K
Total assets$241K
Liabilities$0
Net assets$241K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $129K$371K−$242K$241K 990 PDF
FY2023 $157K$253K−$96K$482K 990 PDF
FY2022 $123K$170K−$47K$578K 990 PDF
FY2021 $144K$150K−$6K$626K 990 PDF
FY2020 $154K$152K$2K$631K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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