Lake Baikal Heritage Foundation
EIN: 392061320 · Tucson, AZ · NTEE: C30
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $107K |
| Net Assets | $75K |
Is Lake Baikal Heritage Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Baikal Heritage Foundation
Lake Baikal Heritage Foundation (EIN: 392061320) is a nonprofit organization based in Tucson, AZ, classified under NTEE code C30. The organization reported total revenue of $51K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Baikal Heritage Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Baikal Heritage Foundation is a micro nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $107K |
| Surplus / Deficit | +$10K |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | 8.8% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Lake Baikal Heritage Foundation reported a surplus of $10K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Lake Baikal Heritage Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +90.6% | -12.7% | +16.1% |
| 2022 | -64.1% | -4.7% | -48.6% |
| 2021 | +44.3% | +25.8% | +51.9% |
| 2020 | -18.5% | -13.4% | +25.2% |
| 2019 | +335.7% | +82.2% | +72.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Baikal Heritage Foundation 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 Lake Baikal Heritage Foundation 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 $10K, with revenue exceeding expenses.
Frequently Asked Questions about Lake Baikal Heritage Foundation
Is Lake Baikal Heritage Foundation a legitimate charity?
Lake Baikal Heritage Foundation (EIN: 392061320) is a registered tax-exempt nonprofit based in Arizona. It has 8 years of IRS 990 filings on record. Total revenue: $51K. No red flags identified. Financial health grade: A.
How does Lake Baikal Heritage Foundation spend its money?
Lake Baikal Heritage Foundation reported $51K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lake Baikal Heritage Foundation tax-deductible?
Lake Baikal Heritage Foundation is registered as a tax-exempt nonprofit (EIN: 392061320). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Baikal Heritage Foundation located?
Lake Baikal Heritage Foundation is headquartered in Tucson, Arizona and files with the IRS under EIN 392061320. It is classified under NTEE code C30.
How many years of IRS 990 filings does Lake Baikal Heritage Foundation have?
Lake Baikal Heritage Foundation 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 $51K in total revenue.
Filing History
IRS 990 filing history for Lake Baikal Heritage Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Lake Baikal Heritage Foundation's revenue has declined by 1.6%, moving from $119K to $117K. Total assets increased by 82.2% over the same period, from $41K to $75K. Total functional expenses rose by 0.1%, from $107K to $107K. In its most recent filing year (2023), Lake Baikal Heritage Foundation reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117K | $107K | $75K | $0 | — | View 990 |
| 2022 | $61K | $122K | $64K | $0 | — | View 990 |
| 2021 | $171K | $128K | $125K | $0 | — | — |
| 2020 | $119K | $102K | $82K | $0 | — | — |
| 2019 | $146K | $118K | $66K | $0 | — | View 990 |
| 2018 | $33K | $65K | $38K | $0 | — | View 990 |
| 2017 | $102K | $73K | $69K | $0 | — | View 990 |
| 2016 | $119K | $107K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117K, expenses of $107K, and assets of $75K (revenue +90.6% year-over-year).
- 2022: Revenue of $61K, expenses of $122K, and assets of $64K (revenue -64.1% year-over-year).
- 2021: Revenue of $171K, expenses of $128K, and assets of $125K (revenue +44.3% year-over-year).
- 2020: Revenue of $119K, expenses of $102K, and assets of $82K (revenue -18.5% year-over-year).
- 2019: Revenue of $146K, expenses of $118K, and assets of $66K (revenue +335.7% year-over-year).
- 2018: Revenue of $33K, expenses of $65K, and assets of $38K (revenue -67.2% year-over-year).
- 2017: Revenue of $102K, expenses of $73K, and assets of $69K (revenue -14.5% year-over-year).
- 2016: Revenue of $119K, expenses of $107K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Baikal Heritage Foundation:
Data Sources and Methodology
This transparency report for Lake Baikal Heritage Foundation 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.