Is Lotos Club Inc Legit?

Quick charity verification for Lotos Club Inc (EIN: 130984890)

Verdict: Lotos Club Inc appears trustworthy

75/100Mission Score

$14.2MRevenue

$16.1MAssets

2Red Flags

4Strengths

Red Flags

NTEE Code is unknown, making it difficult to assess the organization's specific charitable purpose and compare its financial metrics to similar organizations.
Lack of detailed program spending breakdown in the provided data makes it challenging to fully evaluate spending efficiency and mission impact.

Strengths

Consistent reporting of 0% officer compensation, indicating strong transparency regarding executive pay or that officers are uncompensated.
Healthy and growing asset base, increasing from $9,998,589 in 2015 to $15,186,076 in 2024, suggesting financial stability.
Generally well-managed expenses relative to revenue, with surpluses in many years, such as $336,978 in 2024 ($8,576,366 revenue vs. $8,239,388 expenses).
Reduction in liabilities from a peak of $7,403,264 in 2021 to $4,157,331 in 2024, improving financial health.

Spending Breakdown

How Lotos Club Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Lotos Club Inc

Is Lotos Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lotos Club Inc (EIN: 130984890) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Lotos Club Inc a good charity to donate to?

Lotos Club Inc has a Mission Score of 75/100. Revenue: $14.2M. Assets: $16.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lotos Club Inc?

The Employer Identification Number (EIN) for Lotos Club Inc is 130984890. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Lotos Club Inc spend its money?

Lotos Club Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lotos Club Inc's tax-exempt status?

You can verify Lotos Club Inc's tax-exempt status using EIN 130984890 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Lotos Club Inc. demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2024, revenue was $8,576,366 against expenses of $8,239,388, indicating a surplus. However, there have been periods of deficit, such as in 2023 where expenses of $7,643,189 surpassed revenues of $7,162,604. The organization's assets have shown growth over the long term, increasing from $9,998,589 in 2015 to $15,186,076 in 2024, suggesting a stable financial foundation. Liabilities have fluctuated, peaking at $7,403,264 in 2021 and decreasing to $4,157,331 in 2024, which is a positive trend.

Without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that officers are not compensated, which is a significant positive indicator for a nonprofit. The organization's financial health appears stable, with a healthy asset base and generally well-managed expenses relative to revenue, though the specific impact of its activities cannot be fully determined without NTEE code and program details.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.