Lake Tahoe Rowing Association Inc
EIN: 862853926 · Incline Vlg, NV · NTEE: N50
About Lake Tahoe Rowing Association Inc
Lake Tahoe Rowing Association Inc (EIN: 862853926) is a nonprofit organization based in Incline Vlg, NV, classified under NTEE code N50. The organization reported total revenue of $10K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Tahoe Rowing Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lake Tahoe Rowing Association 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 Lake Tahoe Rowing Association 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.
Filing History
IRS 990 filing history for Lake Tahoe Rowing Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2023), Lake Tahoe Rowing Association Inc's revenue has grown by 7110.6%, moving from $66 to $5K. Total assets increased by 18.3% over the same period, from $6K to $7K. Total functional expenses rose by 233.4%, from $2K to $8K. In its most recent filing year (2023), Lake Tahoe Rowing Association Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $13K in liabilities against $7K in assets (debt-to-asset ratio: 202.7%), resulting in net assets of $-6,756.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $8K | $7K | $13K | — | — |
| 2021 | $66 | $2K | $6K | $0 | — | — |
Data Sources and Methodology
This transparency report for Lake Tahoe Rowing Association 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.