L & L Sports Inc
EIN: 455402349 · Fort Atkinson, WI · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $87K |
| Net Assets | $5K |
Is L & L Sports Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About L & L Sports Inc
L & L Sports Inc (EIN: 455402349) is a nonprofit organization based in Fort Atkinson, WI, classified under NTEE code N60. The organization reported total revenue of $166K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of L & L Sports Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
L & L Sports Inc is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $87K |
| Surplus / Deficit | +$41K |
| Total Assets | $74K |
| Total Liabilities | $69K |
| Net Assets | $5K |
| Operating Margin | 32.1% |
| Debt-to-Asset Ratio | 93.6% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2022, L & L Sports Inc reported a surplus of $41K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 93.6% (high leverage).
Financial Trends
Over 7 years of filings (2013–2022), L & L Sports Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -80.1% | -86.2% | +9.3% |
| 2020 | +1.9% | -5.9% | +118.4% |
| 2019 | +195.2% | +242.3% | +88.4% |
| 2018 | -4.7% | -15.0% | — |
| 2017 | +120.0% | +113.0% | -100.0% |
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 L & L Sports 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 L & L Sports 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.6%.
Frequently Asked Questions about L & L Sports Inc
Is L & L Sports Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, L & L Sports Inc (EIN: 455402349) insufficient data. 0 red flags identified, 0 strengths noted.
How does L & L Sports Inc spend its money?
Detailed spending breakdown data is not yet available for L & L Sports Inc. Check back for updated IRS 990 analysis.
Are donations to L & L Sports Inc tax-deductible?
L & L Sports Inc is registered as a tax-exempt nonprofit (EIN: 455402349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is L & L Sports Inc located?
L & L Sports Inc is headquartered in Fort Atkinson, Wisconsin and files with the IRS under EIN 455402349. It is classified under NTEE code N60.
How many years of IRS 990 filings does L & L Sports Inc have?
L & L Sports Inc has 7 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 $166K in total revenue.
Filing History
IRS 990 filing history for L & L Sports Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2013–2022), L & L Sports Inc's revenue has grown by 158.1%, moving from $50K to $128K. Total assets increased by 28862% over the same period, from $255 to $74K. Total functional expenses rose by 70.5%, from $51K to $87K. In its most recent filing year (2022), L & L Sports Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $69K in liabilities against $74K in assets (debt-to-asset ratio: 93.6%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $128K | $87K | $74K | $69K | — | View 990 |
| 2020 | $643K | $629K | $68K | $73K | — | View 990 |
| 2019 | $631K | $668K | $31K | $51K | — | View 990 |
| 2018 | $214K | $195K | $16K | $0 | — | — |
| 2017 | $224K | $229K | $0 | $2K | — | View 990 |
| 2016 | $102K | $108K | $3K | $0 | — | View 990 |
| 2013 | $50K | $51K | $255 | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $128K, expenses of $87K, and assets of $74K (revenue -80.1% year-over-year).
- 2020: Revenue of $643K, expenses of $629K, and assets of $68K (revenue +1.9% year-over-year).
- 2019: Revenue of $631K, expenses of $668K, and assets of $31K (revenue +195.2% year-over-year).
- 2018: Revenue of $214K, expenses of $195K, and assets of $16K (revenue -4.7% year-over-year).
- 2017: Revenue of $224K, expenses of $229K, and assets of $0 (revenue +120.0% year-over-year).
- 2016: Revenue of $102K, expenses of $108K, and assets of $3K (revenue +105.7% year-over-year).
- 2013: Revenue of $50K, expenses of $51K, and assets of $255.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for L & L Sports Inc:
Data Sources and Methodology
This transparency report for L & L Sports 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.