Lake Orion Liquid Lightning
EIN: 743027422 · Lake Orion, MI · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $254K |
| Net Assets | $46K |
Is Lake Orion Liquid Lightning Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Orion Liquid Lightning
Lake Orion Liquid Lightning (EIN: 743027422) is a nonprofit organization based in Lake Orion, MI, classified under NTEE code Z99. The organization reported total revenue of $315K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Orion Liquid Lightning's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Orion Liquid Lightning is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $249K |
| Total Expenses | $254K |
| Surplus / Deficit | $-4,372 |
| Total Assets | $46K |
| Net Assets | $46K |
| Operating Margin | -1.8% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2022, Lake Orion Liquid Lightning reported a deficit of $4K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2022), Lake Orion Liquid Lightning's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +22.2% | +22.6% | -8.6% |
| 2021 | +53.6% | +26.5% | -5.3% |
| 2020 | -45.8% | -33.4% | -36.5% |
| 2019 | +1.1% | -10.4% | -0.6% |
| 2018 | -9.6% | -7.3% | -27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Orion Liquid Lightning 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 Orion Liquid Lightning 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 deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Lake Orion Liquid Lightning
Is Lake Orion Liquid Lightning a legitimate charity?
Lake Orion Liquid Lightning (EIN: 743027422) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $315K. No red flags identified. Financial health grade: C.
How does Lake Orion Liquid Lightning spend its money?
Lake Orion Liquid Lightning reported $315K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lake Orion Liquid Lightning tax-deductible?
Lake Orion Liquid Lightning is registered as a tax-exempt nonprofit (EIN: 743027422). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Orion Liquid Lightning located?
Lake Orion Liquid Lightning is headquartered in Lake Orion, Michigan and files with the IRS under EIN 743027422. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Lake Orion Liquid Lightning have?
Lake Orion Liquid Lightning has 12 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 $315K in total revenue.
Filing History
IRS 990 filing history for Lake Orion Liquid Lightning showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Lake Orion Liquid Lightning's revenue has grown by 33.9%, moving from $186K to $249K. Total assets decreased by 15.4% over the same period, from $55K to $46K. Total functional expenses rose by 48.7%, from $171K to $254K. In its most recent filing year (2022), Lake Orion Liquid Lightning reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $249K | $254K | $46K | $0 | — | — |
| 2021 | $204K | $207K | $51K | $0 | — | — |
| 2020 | $133K | $164K | $54K | $0 | — | View 990 |
| 2019 | $245K | $246K | $84K | $0 | — | View 990 |
| 2018 | $243K | $274K | $85K | $0 | — | View 990 |
| 2017 | $268K | $296K | $116K | $0 | — | View 990 |
| 2016 | $278K | $297K | $144K | $0 | — | View 990 |
| 2015 | $264K | $257K | $163K | $0 | — | View 990 |
| 2014 | $233K | $218K | $155K | $0 | — | View 990 |
| 2013 | $254K | $219K | $140K | $0 | — | View 990 |
| 2012 | $256K | $205K | $106K | $0 | — | View 990 |
| 2011 | $186K | $171K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $249K, expenses of $254K, and assets of $46K (revenue +22.2% year-over-year).
- 2021: Revenue of $204K, expenses of $207K, and assets of $51K (revenue +53.6% year-over-year).
- 2020: Revenue of $133K, expenses of $164K, and assets of $54K (revenue -45.8% year-over-year).
- 2019: Revenue of $245K, expenses of $246K, and assets of $84K (revenue +1.1% year-over-year).
- 2018: Revenue of $243K, expenses of $274K, and assets of $85K (revenue -9.6% year-over-year).
- 2017: Revenue of $268K, expenses of $296K, and assets of $116K (revenue -3.6% year-over-year).
- 2016: Revenue of $278K, expenses of $297K, and assets of $144K (revenue +5.4% year-over-year).
- 2015: Revenue of $264K, expenses of $257K, and assets of $163K (revenue +13.3% year-over-year).
- 2014: Revenue of $233K, expenses of $218K, and assets of $155K (revenue -8.0% year-over-year).
- 2013: Revenue of $254K, expenses of $219K, and assets of $140K (revenue -1.0% year-over-year).
- 2012: Revenue of $256K, expenses of $205K, and assets of $106K (revenue +37.4% year-over-year).
- 2011: Revenue of $186K, expenses of $171K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Orion Liquid Lightning:
Data Sources and Methodology
This transparency report for Lake Orion Liquid Lightning 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.