K12 Lean Labs
EIN: 465291428 · Birmingham, AL · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $11K |
| Net Assets | $11K |
Is K12 Lean Labs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About K12 Lean Labs
K12 Lean Labs (EIN: 465291428) is a nonprofit organization based in Birmingham, AL, classified under NTEE code B90. The organization reported total revenue of $3K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of K12 Lean Labs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
K12 Lean Labs is a micro nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2014–2018). Revenue has grown at a compound annual rate of -43.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $11K |
| Surplus / Deficit | $-8,490 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | -302.7% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2018, K12 Lean Labs reported a deficit of $8K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2014–2018), K12 Lean Labs's revenue has declined at a compound annual growth rate (CAGR) of -43.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +5000.0% | +931.5% | -44.6% |
| 2017 | -99.7% | +3.1% | -5.2% |
| 2016 | -26.7% | -96.3% | +11426.4% |
| 2015 | +4.9% | +5.3% | -60.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for K12 Lean Labs 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 K12 Lean Labs 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about K12 Lean Labs
Is K12 Lean Labs a legitimate charity?
K12 Lean Labs (EIN: 465291428) is a registered tax-exempt nonprofit based in Alabama. It has 5 years of IRS 990 filings on record. Total revenue: $3K. No red flags identified. Financial health grade: B.
How does K12 Lean Labs spend its money?
K12 Lean Labs reported $3K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to K12 Lean Labs tax-deductible?
K12 Lean Labs is registered as a tax-exempt nonprofit (EIN: 465291428). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is K12 Lean Labs located?
K12 Lean Labs is headquartered in Birmingham, Alabama and files with the IRS under EIN 465291428. It is classified under NTEE code B90.
How many years of IRS 990 filings does K12 Lean Labs have?
K12 Lean Labs has 5 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 $3K in total revenue.
Filing History
IRS 990 filing history for K12 Lean Labs showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2014–2018), K12 Lean Labs's revenue has declined by 89.7%, moving from $27K to $3K. Total assets increased by 2265.4% over the same period, from $445 to $11K. Total functional expenses fell by 58.3%, from $27K to $11K. In its most recent filing year (2018), K12 Lean Labs reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $3K | $11K | $11K | $0 | — | View 990 |
| 2017 | $55 | $1K | $19K | $0 | — | View 990 |
| 2016 | $21K | $1K | $20K | $0 | — | View 990 |
| 2015 | $29K | $29K | $174 | $0 | — | View 990 |
| 2014 | $27K | $27K | $445 | $306 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $3K, expenses of $11K, and assets of $11K (revenue +5000.0% year-over-year).
- 2017: Revenue of $55, expenses of $1K, and assets of $19K (revenue -99.7% year-over-year).
- 2016: Revenue of $21K, expenses of $1K, and assets of $20K (revenue -26.7% year-over-year).
- 2015: Revenue of $29K, expenses of $29K, and assets of $174 (revenue +4.9% year-over-year).
- 2014: Revenue of $27K, expenses of $27K, and assets of $445.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for K12 Lean Labs:
Data Sources and Methodology
This transparency report for K12 Lean Labs 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.