Cory Lidle Foundation Inc
Cory Lidle Foundation Inc. consistently operates with a lean, volunteer-led structure and maintains zero liabilities.
EIN: 208637114 · Phoenix, AZ · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $111K |
| Total Expenses | $104K |
| Program Spending | 85% |
| Net Assets | $12K |
| Transparency Score | 85/100 |
Is Cory Lidle Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cory Lidle Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cory Lidle Foundation Inc
Cory Lidle Foundation Inc (EIN: 208637114) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T30. The organization reported total revenue of $111K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cory Lidle Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cory Lidle Foundation Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $104K |
| Surplus / Deficit | +$9K |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | 8.3% |
| Months of Reserves | 1.3 months |
Financial Health Grade: A
In 2023, Cory Lidle Foundation Inc reported a surplus of $9K with revenue exceeding expenses, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Cory Lidle Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.2% | +30.0% | +426.4% |
| 2022 | +3.1% | -0.8% | +1653.5% |
| 2021 | +36.6% | +17.2% | -88.5% |
| 2020 | -37.9% | -22.8% | -90.0% |
| 2018 | +55.4% | +34.5% | +73.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cory Lidle Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cory Lidle Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a volunteer-led organization, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cory Lidle Foundation Inc's IRS 990 filings:
- Relatively small asset base, limiting financial reserves for future growth or unexpected events.
Strengths
The following positive indicators were identified for Cory Lidle Foundation Inc:
- Consistent reporting of zero liabilities across all filings.
- 0% officer compensation, indicating a volunteer-driven leadership.
- Revenues generally cover or exceed expenses, demonstrating operational sustainability.
- Stable financial operations over a long period (12 filings).
Frequently Asked Questions about Cory Lidle Foundation Inc
Is Cory Lidle Foundation Inc a legitimate charity?
Cory Lidle Foundation Inc (EIN: 208637114) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $111K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cory Lidle Foundation Inc spend its money?
Cory Lidle Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cory Lidle Foundation Inc tax-deductible?
Cory Lidle Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208637114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cory Lidle Foundation Inc's spending goes to programs?
Cory Lidle Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cory Lidle Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cory Lidle Foundation Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cory Lidle Foundation Inc located?
Cory Lidle Foundation Inc is headquartered in Phoenix, Arizona and files with the IRS under EIN 208637114. It is classified under NTEE code T30.
How many years of IRS 990 filings does Cory Lidle Foundation Inc have?
Cory Lidle Foundation Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $111K in total revenue.
Is Cory Lidle Foundation Inc. financially stable?
Yes, the foundation appears financially stable, consistently generating revenues that cover or slightly exceed expenses, such as $113,767 in revenue against $104,271 in expenses in 2023, and maintaining zero liabilities.
How efficient is Cory Lidle Foundation Inc. with its spending?
The foundation appears highly efficient, especially given 0% officer compensation across all filings. While a detailed expense breakdown isn't provided, the consistent revenue-to-expense ratio suggests effective resource management.
Does Cory Lidle Foundation Inc. have significant assets or liabilities?
The foundation has minimal assets, with the latest reported at $3,514, and consistently reports zero liabilities, indicating a very lean financial structure.
What is the trend in the foundation's revenue?
Revenue has fluctuated over the years but shows a general upward trend in recent periods, reaching $113,767 in 2023, up from $58,447 in 2020.
Filing History
IRS 990 filing history for Cory Lidle Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Cory Lidle Foundation Inc's revenue has grown by 72.2%, moving from $66K to $114K. Total assets decreased by 44.4% over the same period, from $21K to $12K. Total functional expenses rose by 43.2%, from $73K to $104K. In its most recent filing year (2023), Cory Lidle Foundation Inc reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $104K | $12K | $0 | — | View 990 |
| 2022 | $82K | $80K | $2K | $0 | — | View 990 |
| 2021 | $80K | $81K | $127 | $0 | — | View 990 |
| 2020 | $58K | $69K | $1K | $0 | — | View 990 |
| 2018 | $94K | $89K | $11K | $0 | — | View 990 |
| 2017 | $61K | $66K | $6K | $0 | — | View 990 |
| 2016 | $51K | $52K | $12K | $0 | — | View 990 |
| 2015 | $48K | $66K | $14K | $0 | — | View 990 |
| 2014 | $120K | $100K | $31K | $0 | — | View 990 |
| 2013 | $85K | $80K | $11K | $0 | — | View 990 |
| 2012 | $69K | $85K | $6K | $0 | — | View 990 |
| 2011 | $66K | $73K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $104K, and assets of $12K (revenue +38.2% year-over-year).
- 2022: Revenue of $82K, expenses of $80K, and assets of $2K (revenue +3.1% year-over-year).
- 2021: Revenue of $80K, expenses of $81K, and assets of $127 (revenue +36.6% year-over-year).
- 2020: Revenue of $58K, expenses of $69K, and assets of $1K (revenue -37.9% year-over-year).
- 2018: Revenue of $94K, expenses of $89K, and assets of $11K (revenue +55.4% year-over-year).
- 2017: Revenue of $61K, expenses of $66K, and assets of $6K (revenue +19.1% year-over-year).
- 2016: Revenue of $51K, expenses of $52K, and assets of $12K (revenue +4.8% year-over-year).
- 2015: Revenue of $48K, expenses of $66K, and assets of $14K (revenue -59.7% year-over-year).
- 2014: Revenue of $120K, expenses of $100K, and assets of $31K (revenue +41.8% year-over-year).
- 2013: Revenue of $85K, expenses of $80K, and assets of $11K (revenue +22.4% year-over-year).
- 2012: Revenue of $69K, expenses of $85K, and assets of $6K (revenue +4.8% year-over-year).
- 2011: Revenue of $66K, expenses of $73K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cory Lidle Foundation Inc:
Data Sources and Methodology
This transparency report for Cory Lidle Foundation 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.