Florida Lambdarail Llc
Florida Lambdarail Llc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 200377087 · Tallahassee, FL · NTEE: B19 · Updated: 2026-03-28
Is Florida Lambdarail Llc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Florida Lambdarail Llc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Florida Lambdarail Llc
Florida Lambdarail Llc (EIN: 200377087) is a nonprofit organization based in Tallahassee, FL, classified under NTEE code B19. The organization reported total revenue of $9.0M and total assets of $17.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Florida Lambdarail Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Florida Lambdarail Llc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.0M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $15.8M |
| Total Liabilities | $1.6M |
| Net Assets | $14.2M |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 27.4 months |
Financial Health Grade: A
In 2023, Florida Lambdarail Llc reported a surplus of $1.1M with revenue exceeding expenses, holds 27.4 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Florida Lambdarail Llc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | -3.7% | +18.3% |
| 2022 | +5.3% | +3.0% | +1.4% |
| 2021 | -0.7% | -1.1% | +4.0% |
| 2020 | -1.5% | +10.9% | +2.3% |
| 2019 | +9.6% | +1.3% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Florida Lambdarail Llc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Florida Lambdarail Llc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator for a nonprofit, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, maximizing funds for its mission.
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.
Strengths
The following positive indicators were identified for Florida Lambdarail Llc:
- Consistent revenue growth, from $5.5M in 2014 to $9M currently.
- Strong asset growth, from $9.3M in 2014 to $16.9M currently.
- 0% reported officer compensation across all filings, indicating high efficiency and transparency.
- Healthy asset-to-liability ratio, demonstrating strong financial solvency (e.g., 10.17:1 in 2023).
- Positive net income in most years, indicating financial sustainability (e.g., $1,133,388 in 2023).
Frequently Asked Questions about Florida Lambdarail Llc
Is Florida Lambdarail Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Florida Lambdarail Llc (EIN: 200377087) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Florida Lambdarail Llc spend its money?
Florida Lambdarail Llc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Florida Lambdarail Llc tax-deductible?
Florida Lambdarail Llc is registered as a tax-exempt nonprofit (EIN: 200377087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Florida Lambdarail Llc a good charity?
Based on the provided financial data, Florida Lambdarail Llc appears to be a financially healthy and well-managed organization. Its consistent revenue and asset growth, coupled with 0% officer compensation, are strong positive indicators.
How has Florida Lambdarail Llc's revenue trended over time?
Florida Lambdarail Llc has shown consistent revenue growth, increasing from $5,539,337 in 2014 to $9,041,183 currently, indicating a strong upward trend in financial support.
What is the organization's asset-to-liability ratio?
In the latest period (202306), Florida Lambdarail Llc had assets of $15,786,098 and liabilities of $1,552,928, resulting in a healthy asset-to-liability ratio of approximately 10.17:1. This indicates strong financial solvency.
Does Florida Lambdarail Llc pay its executives?
According to all available IRS 990 filings, Florida Lambdarail Llc consistently reports 0% officer compensation, suggesting that no salaries are paid to its officers.
Filing History
IRS 990 filing history for Florida Lambdarail Llc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Florida Lambdarail Llc's revenue has grown by 65.4%, moving from $4.9M to $8.0M. Total assets increased by 119% over the same period, from $7.2M to $15.8M. Total functional expenses rose by 51.9%, from $4.5M to $6.9M. In its most recent filing year (2023), Florida Lambdarail Llc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $15.8M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $14.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $6.9M | $15.8M | $1.6M | — | — |
| 2022 | $7.7M | $7.2M | $13.3M | $268K | — | View 990 |
| 2021 | $7.3M | $7.0M | $13.2M | $602K | — | View 990 |
| 2020 | $7.4M | $7.0M | $12.7M | $431K | — | View 990 |
| 2019 | $7.5M | $6.4M | $12.4M | $503K | — | View 990 |
| 2018 | $6.8M | $6.3M | $11.4M | $779K | — | View 990 |
| 2017 | $6.3M | $6.0M | $11.1M | $1.1M | — | View 990 |
| 2016 | $6.1M | $6.2M | $11.3M | $1.5M | — | View 990 |
| 2015 | $5.9M | $5.2M | $10.3M | $379K | — | View 990 |
| 2014 | $5.5M | $5.0M | $9.4M | $217K | — | View 990 |
| 2013 | $5.7M | $4.3M | $8.9M | $159K | — | View 990 |
| 2012 | $5.3M | $4.2M | $7.8M | $493K | — | View 990 |
| 2011 | $4.9M | $4.5M | $7.2M | $973K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $6.9M, and assets of $15.8M (revenue +4.2% year-over-year).
- 2022: Revenue of $7.7M, expenses of $7.2M, and assets of $13.3M (revenue +5.3% year-over-year).
- 2021: Revenue of $7.3M, expenses of $7.0M, and assets of $13.2M (revenue -0.7% year-over-year).
- 2020: Revenue of $7.4M, expenses of $7.0M, and assets of $12.7M (revenue -1.5% year-over-year).
- 2019: Revenue of $7.5M, expenses of $6.4M, and assets of $12.4M (revenue +9.6% year-over-year).
- 2018: Revenue of $6.8M, expenses of $6.3M, and assets of $11.4M (revenue +9.3% year-over-year).
- 2017: Revenue of $6.3M, expenses of $6.0M, and assets of $11.1M (revenue +2.6% year-over-year).
- 2016: Revenue of $6.1M, expenses of $6.2M, and assets of $11.3M (revenue +2.9% year-over-year).
- 2015: Revenue of $5.9M, expenses of $5.2M, and assets of $10.3M (revenue +7.0% year-over-year).
- 2014: Revenue of $5.5M, expenses of $5.0M, and assets of $9.4M (revenue -2.5% year-over-year).
- 2013: Revenue of $5.7M, expenses of $4.3M, and assets of $8.9M (revenue +7.9% year-over-year).
- 2012: Revenue of $5.3M, expenses of $4.2M, and assets of $7.8M (revenue +8.3% year-over-year).
- 2011: Revenue of $4.9M, expenses of $4.5M, and assets of $7.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Florida Lambdarail Llc:
Data Sources and Methodology
This transparency report for Florida Lambdarail Llc 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.