Lachlan Creative Group Inc
EIN: 475211318 · Anderson, SC · NTEE: A31
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $45K |
| Net Assets | $474 |
Is Lachlan Creative Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lachlan Creative Group Inc
Lachlan Creative Group Inc (EIN: 475211318) is a nonprofit organization based in Anderson, SC, classified under NTEE code A31. The organization reported total revenue of $8K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lachlan Creative Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lachlan Creative Group Inc is a micro nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $45K |
| Surplus / Deficit | $-3,248 |
| Total Assets | $474 |
| Net Assets | $474 |
| Operating Margin | -7.9% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Lachlan Creative Group Inc reported a deficit of $3K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +570.0% | +805.5% | -87.3% |
| 2022 | +149.1% | +282.1% | +50.3% |
| 2021 | +541.2% | +297.5% | +92.0% |
| 2020 | -66.6% | +92.9% | +6.3% |
| 2019 | -41.8% | -84.5% | +22.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lachlan Creative Group 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 Lachlan Creative Group 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Lachlan Creative Group Inc
Is Lachlan Creative Group Inc a legitimate charity?
Lachlan Creative Group Inc (EIN: 475211318) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $8K. No red flags identified. Financial health grade: C.
How does Lachlan Creative Group Inc spend its money?
Lachlan Creative Group Inc reported $8K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lachlan Creative Group Inc tax-deductible?
Lachlan Creative Group Inc is registered as a tax-exempt nonprofit (EIN: 475211318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lachlan Creative Group Inc located?
Lachlan Creative Group Inc is headquartered in Anderson, South Carolina and files with the IRS under EIN 475211318. It is classified under NTEE code A31.
How many years of IRS 990 filings does Lachlan Creative Group Inc have?
Lachlan Creative Group Inc has 9 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 $8K in total revenue.
Filing History
IRS 990 filing history for Lachlan Creative Group Inc showing financial trends over 9 years of public records:
Total assets increased by 47300% over the same period, from $1 to $474. In its most recent filing year (2023), Lachlan Creative Group Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $45K | $474 | $0 | — | — |
| 2022 | $6K | $5K | $4K | $0 | — | View 990 |
| 2021 | $2K | $1K | $2K | $0 | — | — |
| 2020 | $386 | $324 | $1K | $0 | — | — |
| 2019 | $1K | $168 | $1K | $0 | — | — |
| 2018 | $2K | $1K | $991 | $0 | — | View 990 |
| 2017 | $500 | $548 | $83 | $0 | — | View 990 |
| 2016 | $6K | $6K | $131 | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $45K, and assets of $474 (revenue +570.0% year-over-year).
- 2022: Revenue of $6K, expenses of $5K, and assets of $4K (revenue +149.1% year-over-year).
- 2021: Revenue of $2K, expenses of $1K, and assets of $2K (revenue +541.2% year-over-year).
- 2020: Revenue of $386, expenses of $324, and assets of $1K (revenue -66.6% year-over-year).
- 2019: Revenue of $1K, expenses of $168, and assets of $1K (revenue -41.8% year-over-year).
- 2018: Revenue of $2K, expenses of $1K, and assets of $991 (revenue +297.8% year-over-year).
- 2017: Revenue of $500, expenses of $548, and assets of $83 (revenue -91.6% year-over-year).
- 2016: Revenue of $6K, expenses of $6K, and assets of $131.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lachlan Creative Group Inc:
Data Sources and Methodology
This transparency report for Lachlan Creative Group 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.