Lakeland Academy Community School
EIN: 264652865 · Freeport, OH · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $879K |
| Total Expenses | $611K |
| Net Assets | $195K |
Is Lakeland Academy Community School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lakeland Academy Community School
Lakeland Academy Community School (EIN: 264652865) is a nonprofit organization based in Freeport, OH, classified under NTEE code B90. The organization reported total revenue of $879K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeland Academy Community School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakeland Academy Community School is a small nonprofit that has been operating for 1 years, with 8 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $596K |
| Total Expenses | $611K |
| Surplus / Deficit | $-14,832 |
| Total Assets | $195K |
| Net Assets | $195K |
| Operating Margin | -2.5% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2020, Lakeland Academy Community School reported a deficit of $15K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 8 years of filings (2013–2020), Lakeland Academy Community School's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.1% | -6.4% | -7.1% |
| 2019 | -11.8% | +1.8% | -21.3% |
| 2018 | +14.8% | +10.5% | +14.9% |
| 2017 | -1.1% | +2.6% | -3.1% |
| 2016 | +14.5% | +17.7% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lakeland Academy Community School 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 Lakeland Academy Community School 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Lakeland Academy Community School
Is Lakeland Academy Community School a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakeland Academy Community School (EIN: 264652865) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lakeland Academy Community School spend its money?
Detailed spending breakdown data is not yet available for Lakeland Academy Community School. Check back for updated IRS 990 analysis.
Are donations to Lakeland Academy Community School tax-deductible?
Lakeland Academy Community School is registered as a tax-exempt nonprofit (EIN: 264652865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lakeland Academy Community School located?
Lakeland Academy Community School is headquartered in Freeport, Ohio and files with the IRS under EIN 264652865. It is classified under NTEE code B90.
How many years of IRS 990 filings does Lakeland Academy Community School have?
Lakeland Academy Community School 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 $879K in total revenue.
Filing History
IRS 990 filing history for Lakeland Academy Community School showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2020), Lakeland Academy Community School's revenue has grown by 144.2%, moving from $244K to $596K. Total assets increased by 163.5% over the same period, from $74K to $195K. Total functional expenses rose by 220.9%, from $190K to $611K. In its most recent filing year (2020), Lakeland Academy Community School reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $596K | $611K | $195K | $0 | — | View 990 |
| 2019 | $596K | $652K | $210K | $0 | — | View 990 |
| 2018 | $676K | $641K | $267K | $0 | — | View 990 |
| 2017 | $588K | $580K | $232K | $0 | — | — |
| 2016 | $595K | $566K | $239K | $3K | — | View 990 |
| 2015 | $519K | $480K | $208K | $1K | — | View 990 |
| 2014 | $461K | $352K | $168K | $0 | — | View 990 |
| 2013 | $244K | $190K | $74K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $596K, expenses of $611K, and assets of $195K (revenue +0.1% year-over-year).
- 2019: Revenue of $596K, expenses of $652K, and assets of $210K (revenue -11.8% year-over-year).
- 2018: Revenue of $676K, expenses of $641K, and assets of $267K (revenue +14.8% year-over-year).
- 2017: Revenue of $588K, expenses of $580K, and assets of $232K (revenue -1.1% year-over-year).
- 2016: Revenue of $595K, expenses of $566K, and assets of $239K (revenue +14.5% year-over-year).
- 2015: Revenue of $519K, expenses of $480K, and assets of $208K (revenue +12.7% year-over-year).
- 2014: Revenue of $461K, expenses of $352K, and assets of $168K (revenue +88.9% year-over-year).
- 2013: Revenue of $244K, expenses of $190K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakeland Academy Community School:
Data Sources and Methodology
This transparency report for Lakeland Academy Community School 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.