Lakeland Center Inc
EIN: 352128270 · Coatesville, IN · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $73K |
| Net Assets | $12K |
Is Lakeland Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lakeland Center Inc
Lakeland Center Inc (EIN: 352128270) is a nonprofit organization based in Coatesville, IN, classified under NTEE code P82. The organization reported total revenue of $100K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeland Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakeland Center Inc is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $73K |
| Surplus / Deficit | +$309 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | 0.4% |
| Months of Reserves | 2.0 months |
Financial Health Grade: A
In 2023, Lakeland Center Inc reported a surplus of $309 with revenue exceeding expenses, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Lakeland Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.2% | -21.9% | +2.6% |
| 2022 | +20.2% | +35.6% | -33.7% |
| 2021 | -3.2% | -6.9% | +27.6% |
| 2020 | +5.0% | +1.9% | -2.5% |
| 2019 | -1.6% | +3.7% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lakeland Center 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 Lakeland Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $309, with revenue exceeding expenses.
Frequently Asked Questions about Lakeland Center Inc
Is Lakeland Center Inc a legitimate charity?
Lakeland Center Inc (EIN: 352128270) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $100K. No red flags identified. Financial health grade: A.
How does Lakeland Center Inc spend its money?
Lakeland Center Inc reported $100K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lakeland Center Inc tax-deductible?
Lakeland Center Inc is registered as a tax-exempt nonprofit (EIN: 352128270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lakeland Center Inc located?
Lakeland Center Inc is headquartered in Coatesville, Indiana and files with the IRS under EIN 352128270. It is classified under NTEE code P82.
How many years of IRS 990 filings does Lakeland Center Inc have?
Lakeland Center Inc 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 $100K in total revenue.
Filing History
IRS 990 filing history for Lakeland Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakeland Center Inc's revenue has grown by 109%, moving from $35K to $73K. Total assets increased by 280.5% over the same period, from $3K to $12K. Total functional expenses rose by 105.5%, from $35K to $73K. In its most recent filing year (2023), Lakeland Center Inc reported a surplus of $309, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $73K | $12K | $0 | — | — |
| 2022 | $87K | $93K | $12K | $0 | — | — |
| 2021 | $72K | $69K | $18K | $0 | — | — |
| 2020 | $75K | $74K | $14K | $0 | — | View 990 |
| 2019 | $71K | $72K | $14K | $0 | — | View 990 |
| 2018 | $72K | $70K | $15K | $0 | — | View 990 |
| 2017 | $71K | $67K | $15K | $0 | — | View 990 |
| 2016 | $60K | $50K | $10K | $0 | — | View 990 |
| 2015 | $43K | $44K | $6K | $0 | — | View 990 |
| 2014 | $28K | $33K | $7K | $0 | — | View 990 |
| 2013 | $36K | $26K | $12K | $0 | — | View 990 |
| 2012 | $29K | $31K | $2K | $0 | — | View 990 |
| 2011 | $35K | $35K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $73K, and assets of $12K (revenue -16.2% year-over-year).
- 2022: Revenue of $87K, expenses of $93K, and assets of $12K (revenue +20.2% year-over-year).
- 2021: Revenue of $72K, expenses of $69K, and assets of $18K (revenue -3.2% year-over-year).
- 2020: Revenue of $75K, expenses of $74K, and assets of $14K (revenue +5.0% year-over-year).
- 2019: Revenue of $71K, expenses of $72K, and assets of $14K (revenue -1.6% year-over-year).
- 2018: Revenue of $72K, expenses of $70K, and assets of $15K (revenue +2.4% year-over-year).
- 2017: Revenue of $71K, expenses of $67K, and assets of $15K (revenue +17.2% year-over-year).
- 2016: Revenue of $60K, expenses of $50K, and assets of $10K (revenue +41.6% year-over-year).
- 2015: Revenue of $43K, expenses of $44K, and assets of $6K (revenue +52.7% year-over-year).
- 2014: Revenue of $28K, expenses of $33K, and assets of $7K (revenue -21.9% year-over-year).
- 2013: Revenue of $36K, expenses of $26K, and assets of $12K (revenue +21.3% year-over-year).
- 2012: Revenue of $29K, expenses of $31K, and assets of $2K (revenue -15.5% year-over-year).
- 2011: Revenue of $35K, expenses of $35K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakeland Center Inc:
Data Sources and Methodology
This transparency report for Lakeland Center 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.