Lakeland Retirement Foundation Ltd
EIN: 391306202 · Woodruff, WI
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $110K |
| Net Assets | $659K |
Is Lakeland Retirement Foundation Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lakeland Retirement Foundation Ltd
Lakeland Retirement Foundation Ltd (EIN: 391306202) is a nonprofit organization based in Woodruff, WI. The organization reported total revenue of $150K and total assets of $716K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeland Retirement Foundation Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakeland Retirement Foundation Ltd is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $110K |
| Surplus / Deficit | +$98K |
| Total Assets | $662K |
| Total Liabilities | $2K |
| Net Assets | $659K |
| Operating Margin | 47.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 72.0 months |
Financial Health Grade: A
In 2023, Lakeland Retirement Foundation Ltd reported a surplus of $98K with revenue exceeding expenses, holds 72.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lakeland Retirement Foundation Ltd's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +124.1% | +83.7% | +17.1% |
| 2022 | +18.1% | +15.1% | +6.7% |
| 2021 | -52.9% | -5.2% | +5.4% |
| 2020 | -17.3% | -33.2% | +18.6% |
| 2019 | -16.6% | -33.0% | +55.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 0000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lakeland Retirement Foundation Ltd 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 Retirement Foundation Ltd 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 $98K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Lakeland Retirement Foundation Ltd
Is Lakeland Retirement Foundation Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakeland Retirement Foundation Ltd (EIN: 391306202) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lakeland Retirement Foundation Ltd spend its money?
Detailed spending breakdown data is not yet available for Lakeland Retirement Foundation Ltd. Check back for updated IRS 990 analysis.
Are donations to Lakeland Retirement Foundation Ltd tax-deductible?
Lakeland Retirement Foundation Ltd is registered as a tax-exempt nonprofit (EIN: 391306202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lakeland Retirement Foundation Ltd located?
Lakeland Retirement Foundation Ltd is headquartered in Woodruff, Wisconsin and files with the IRS under EIN 391306202.
How many years of IRS 990 filings does Lakeland Retirement Foundation Ltd have?
Lakeland Retirement Foundation Ltd 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 $150K in total revenue.
Filing History
IRS 990 filing history for Lakeland Retirement Foundation Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakeland Retirement Foundation Ltd's revenue has grown by 20.4%, moving from $173K to $208K. Total assets increased by 33.3% over the same period, from $497K to $662K. Total functional expenses fell by 37.2%, from $176K to $110K. In its most recent filing year (2023), Lakeland Retirement Foundation Ltd reported a surplus of $98K, with revenue exceeding expenses. The organization holds $2K in liabilities against $662K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $659K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $110K | $662K | $2K | — | — |
| 2022 | $93K | $60K | $565K | $5K | — | View 990 |
| 2021 | $79K | $52K | $530K | $216 | — | View 990 |
| 2020 | $167K | $55K | $503K | $62 | — | View 990 |
| 2019 | $202K | $82K | $424K | $33K | — | View 990 |
| 2018 | $243K | $123K | $272K | $4K | — | View 990 |
| 2017 | $78K | $95K | $150K | $954 | — | View 990 |
| 2016 | $62K | $58K | $167K | $1K | — | View 990 |
| 2015 | $115K | $328K | $162K | $1K | — | View 990 |
| 2014 | $138K | $183K | $375K | $2K | — | View 990 |
| 2013 | $148K | $187K | $424K | $5K | — | View 990 |
| 2012 | $158K | $190K | $464K | $6K | — | View 990 |
| 2011 | $173K | $176K | $497K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $110K, and assets of $662K (revenue +124.1% year-over-year).
- 2022: Revenue of $93K, expenses of $60K, and assets of $565K (revenue +18.1% year-over-year).
- 2021: Revenue of $79K, expenses of $52K, and assets of $530K (revenue -52.9% year-over-year).
- 2020: Revenue of $167K, expenses of $55K, and assets of $503K (revenue -17.3% year-over-year).
- 2019: Revenue of $202K, expenses of $82K, and assets of $424K (revenue -16.6% year-over-year).
- 2018: Revenue of $243K, expenses of $123K, and assets of $272K (revenue +209.9% year-over-year).
- 2017: Revenue of $78K, expenses of $95K, and assets of $150K (revenue +25.7% year-over-year).
- 2016: Revenue of $62K, expenses of $58K, and assets of $167K (revenue -46.0% year-over-year).
- 2015: Revenue of $115K, expenses of $328K, and assets of $162K (revenue -16.4% year-over-year).
- 2014: Revenue of $138K, expenses of $183K, and assets of $375K (revenue -6.6% year-over-year).
- 2013: Revenue of $148K, expenses of $187K, and assets of $424K (revenue -6.8% year-over-year).
- 2012: Revenue of $158K, expenses of $190K, and assets of $464K (revenue -8.5% year-over-year).
- 2011: Revenue of $173K, expenses of $176K, and assets of $497K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakeland Retirement Foundation Ltd:
Data Sources and Methodology
This transparency report for Lakeland Retirement Foundation Ltd 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.