Lafayette West Lafayette Development Corporation
EIN: 300363760 · Lafayette, IN · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $15.2M |
| Total Expenses | $8.4M |
| Net Assets | $4.5M |
Is Lafayette West Lafayette Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lafayette West Lafayette Development Corporation
Lafayette West Lafayette Development Corporation (EIN: 300363760) is a nonprofit organization based in Lafayette, IN, classified under NTEE code S99. The organization reported total revenue of $15.2M and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lafayette West Lafayette Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lafayette West Lafayette Development Corporation is a large nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.7M |
| Total Expenses | $8.4M |
| Surplus / Deficit | +$359K |
| Total Assets | $7.5M |
| Total Liabilities | $3.0M |
| Net Assets | $4.5M |
| Operating Margin | 4.1% |
| Debt-to-Asset Ratio | 40.1% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Lafayette West Lafayette Development Corporation reported a surplus of $359K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 40.1% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Lafayette West Lafayette Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +99.5% | +98.0% | +40.9% |
| 2022 | +82.1% | +92.2% | -39.1% |
| 2021 | +23.6% | +8.5% | +11.0% |
| 2020 | -1.0% | -5.1% | +5.7% |
| 2019 | -47.0% | +9.3% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lafayette West Lafayette Development Corporation 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 Lafayette West Lafayette Development Corporation 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 surplus of $359K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.1%.
Frequently Asked Questions about Lafayette West Lafayette Development Corporation
Is Lafayette West Lafayette Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lafayette West Lafayette Development Corporation (EIN: 300363760) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lafayette West Lafayette Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Lafayette West Lafayette Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Lafayette West Lafayette Development Corporation tax-deductible?
Lafayette West Lafayette Development Corporation is registered as a tax-exempt nonprofit (EIN: 300363760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lafayette West Lafayette Development Corporation located?
Lafayette West Lafayette Development Corporation is headquartered in Lafayette, Indiana and files with the IRS under EIN 300363760. It is classified under NTEE code S99.
How many years of IRS 990 filings does Lafayette West Lafayette Development Corporation have?
Lafayette West Lafayette Development Corporation has 8 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 $15.2M in total revenue.
Filing History
IRS 990 filing history for Lafayette West Lafayette Development Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Lafayette West Lafayette Development Corporation's revenue has grown by 243.3%, moving from $2.5M to $8.7M. Total assets increased by 20.7% over the same period, from $6.2M to $7.5M. Total functional expenses rose by 227.3%, from $2.6M to $8.4M. In its most recent filing year (2023), Lafayette West Lafayette Development Corporation reported a surplus of $359K, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $7.5M in assets (debt-to-asset ratio: 40.1%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.7M | $8.4M | $7.5M | $3.0M | — | — |
| 2022 | $4.4M | $4.2M | $5.3M | $1.2M | — | View 990 |
| 2021 | $2.4M | $2.2M | $8.7M | $4.7M | — | View 990 |
| 2020 | $1.9M | $2.0M | $7.8M | $4.1M | — | View 990 |
| 2019 | $2.0M | $2.1M | $7.4M | $3.6M | — | View 990 |
| 2018 | $3.7M | $2.0M | $6.9M | $2.8M | — | View 990 |
| 2017 | $2.6M | $2.4M | $6.9M | $2.2M | — | View 990 |
| 2016 | $2.5M | $2.6M | $6.2M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.7M, expenses of $8.4M, and assets of $7.5M (revenue +99.5% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.2M, and assets of $5.3M (revenue +82.1% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.2M, and assets of $8.7M (revenue +23.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.0M, and assets of $7.8M (revenue -1.0% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.1M, and assets of $7.4M (revenue -47.0% year-over-year).
- 2018: Revenue of $3.7M, expenses of $2.0M, and assets of $6.9M (revenue +40.1% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.4M, and assets of $6.9M (revenue +4.0% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.6M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lafayette West Lafayette Development Corporation:
Data Sources and Methodology
This transparency report for Lafayette West Lafayette Development Corporation 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.