Lake Pepin Legacy Alliance
EIN: 270573238 · Red Wing, MN · NTEE: C30
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $310K |
| Net Assets | $57K |
Is Lake Pepin Legacy Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Pepin Legacy Alliance
Lake Pepin Legacy Alliance (EIN: 270573238) is a nonprofit organization based in Red Wing, MN, classified under NTEE code C30. The organization reported total revenue of $298K and total assets of $60K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Pepin Legacy Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Pepin Legacy Alliance is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $310K |
| Surplus / Deficit | $-61,733 |
| Total Assets | $64K |
| Total Liabilities | $7K |
| Net Assets | $57K |
| Operating Margin | -24.9% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, Lake Pepin Legacy Alliance reported a deficit of $62K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lake Pepin Legacy Alliance's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -78.7% | -74.5% | -49.4% |
| 2022 | +248.0% | +456.1% | -43.2% |
| 2021 | +72.4% | +7.1% | +21.4% |
| 2020 | +7.7% | +5.4% | +49.1% |
| 2019 | -12.0% | +12.3% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Pepin Legacy Alliance 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 Pepin Legacy Alliance 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.3%.
Frequently Asked Questions about Lake Pepin Legacy Alliance
Is Lake Pepin Legacy Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Pepin Legacy Alliance (EIN: 270573238) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lake Pepin Legacy Alliance spend its money?
Detailed spending breakdown data is not yet available for Lake Pepin Legacy Alliance. Check back for updated IRS 990 analysis.
Are donations to Lake Pepin Legacy Alliance tax-deductible?
Lake Pepin Legacy Alliance is registered as a tax-exempt nonprofit (EIN: 270573238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Pepin Legacy Alliance located?
Lake Pepin Legacy Alliance is headquartered in Red Wing, Minnesota and files with the IRS under EIN 270573238. It is classified under NTEE code C30.
How many years of IRS 990 filings does Lake Pepin Legacy Alliance have?
Lake Pepin Legacy Alliance has 13 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 $298K in total revenue.
Filing History
IRS 990 filing history for Lake Pepin Legacy Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lake Pepin Legacy Alliance's revenue has grown by 736.2%, moving from $30K to $248K. Total assets increased by 344.7% over the same period, from $14K to $64K. Total functional expenses rose by 1537.9%, from $19K to $310K. In its most recent filing year (2023), Lake Pepin Legacy Alliance reported a deficit of $62K, with expenses exceeding revenue. The organization holds $7K in liabilities against $64K in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248K | $310K | $64K | $7K | — | — |
| 2022 | $1.2M | $1.2M | $127K | $8K | — | View 990 |
| 2021 | $335K | $218K | $223K | $56K | — | View 990 |
| 2020 | $194K | $204K | $184K | $134K | — | View 990 |
| 2019 | $180K | $193K | $123K | $64K | — | View 990 |
| 2018 | $205K | $172K | $130K | $58K | — | View 990 |
| 2017 | $141K | $138K | $94K | $55K | — | View 990 |
| 2016 | $84K | $108K | $95K | $60K | — | View 990 |
| 2015 | $96K | $83K | $60K | $0 | — | View 990 |
| 2014 | $56K | $72K | $46K | $0 | — | View 990 |
| 2013 | $108K | $54K | $62K | $0 | — | View 990 |
| 2012 | $33K | $40K | $8K | $0 | — | View 990 |
| 2011 | $30K | $19K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248K, expenses of $310K, and assets of $64K (revenue -78.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $127K (revenue +248.0% year-over-year).
- 2021: Revenue of $335K, expenses of $218K, and assets of $223K (revenue +72.4% year-over-year).
- 2020: Revenue of $194K, expenses of $204K, and assets of $184K (revenue +7.7% year-over-year).
- 2019: Revenue of $180K, expenses of $193K, and assets of $123K (revenue -12.0% year-over-year).
- 2018: Revenue of $205K, expenses of $172K, and assets of $130K (revenue +44.9% year-over-year).
- 2017: Revenue of $141K, expenses of $138K, and assets of $94K (revenue +68.8% year-over-year).
- 2016: Revenue of $84K, expenses of $108K, and assets of $95K (revenue -13.1% year-over-year).
- 2015: Revenue of $96K, expenses of $83K, and assets of $60K (revenue +71.5% year-over-year).
- 2014: Revenue of $56K, expenses of $72K, and assets of $46K (revenue -47.9% year-over-year).
- 2013: Revenue of $108K, expenses of $54K, and assets of $62K (revenue +223.4% year-over-year).
- 2012: Revenue of $33K, expenses of $40K, and assets of $8K (revenue +12.5% year-over-year).
- 2011: Revenue of $30K, expenses of $19K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Pepin Legacy Alliance:
Data Sources and Methodology
This transparency report for Lake Pepin Legacy Alliance 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.