Blue Lotus Inc
EIN: 352661584 · Boulder City, NV · NTEE: E11
| Metric | Value |
|---|---|
| Total Expenses | $51K |
| Net Assets | $27K |
Is Blue Lotus Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blue Lotus Inc
Blue Lotus Inc (EIN: 352661584) is a nonprofit organization based in Boulder City, NV, classified under NTEE code E11. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Lotus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Lotus Inc is a micro nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2019–2020).
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $51K |
| Surplus / Deficit | +$21K |
| Total Assets | $27K |
| Net Assets | $27K |
| Operating Margin | 28.9% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2020, Blue Lotus Inc reported a surplus of $21K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blue Lotus Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blue Lotus Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
Frequently Asked Questions about Blue Lotus Inc
Is Blue Lotus Inc a legitimate charity?
Blue Lotus Inc (EIN: 352661584) is a registered tax-exempt nonprofit based in Nevada. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Blue Lotus Inc spend its money?
Blue Lotus Inc reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Blue Lotus Inc tax-deductible?
Blue Lotus Inc is registered as a tax-exempt nonprofit (EIN: 352661584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blue Lotus Inc located?
Blue Lotus Inc is headquartered in Boulder City, Nevada and files with the IRS under EIN 352661584. It is classified under NTEE code E11.
How many years of IRS 990 filings does Blue Lotus Inc have?
Blue Lotus Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Blue Lotus Inc showing financial trends over 2 years of public records:
Total assets increased by 1350.4% over the same period, from $2K to $27K. In its most recent filing year (2020), Blue Lotus Inc reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $71K | $51K | $27K | $0 | — | View 990 |
| 2019 | $0 | $0 | $2K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Lotus Inc:
Data Sources and Methodology
This transparency report for Blue Lotus Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.