Lakeshore 504
EIN: 382677941 · Holland, MI
| Metric | Value |
|---|---|
| Total Expenses | $359K |
| Net Assets | $60K |
Is Lakeshore 504 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lakeshore 504
Lakeshore 504 (EIN: 382677941) is a nonprofit organization based in Holland, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeshore 504's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakeshore 504 is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $364K |
| Total Expenses | $359K |
| Surplus / Deficit | +$5K |
| Total Assets | $112K |
| Total Liabilities | $52K |
| Net Assets | $60K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 46.4% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2016, Lakeshore 504 reported a surplus of $5K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 46.4% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Lakeshore 504's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -18.1% | -18.3% | -17.6% |
| 2015 | +27.1% | +25.6% | +25.1% |
| 2014 | -29.0% | -28.3% | -29.3% |
| 2013 | +23.3% | +23.7% | -14.9% |
| 2012 | -2.0% | -2.2% | +40.5% |
AI Analysis Pending
AI enrichment for Lakeshore 504 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 Lakeshore 504 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.4%.
Frequently Asked Questions about Lakeshore 504
Is Lakeshore 504 a legitimate charity?
Lakeshore 504 (EIN: 382677941) is a registered tax-exempt nonprofit based in Michigan. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Lakeshore 504 spend its money?
Lakeshore 504 reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lakeshore 504 tax-deductible?
Lakeshore 504 is registered as a tax-exempt nonprofit (EIN: 382677941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lakeshore 504 located?
Lakeshore 504 is headquartered in Holland, Michigan and files with the IRS under EIN 382677941.
How many years of IRS 990 filings does Lakeshore 504 have?
Lakeshore 504 has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Lakeshore 504 showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Lakeshore 504's revenue has declined by 10.7%, moving from $408K to $364K. Total assets decreased by 12.9% over the same period, from $129K to $112K. Total functional expenses fell by 10.9%, from $403K to $359K. In its most recent filing year (2016), Lakeshore 504 reported a surplus of $5K, with revenue exceeding expenses. The organization holds $52K in liabilities against $112K in assets (debt-to-asset ratio: 46.4%), resulting in net assets of $60K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $364K | $359K | $112K | $52K | — | — |
| 2015 | $445K | $440K | $136K | $81K | — | View 990 |
| 2014 | $350K | $350K | $109K | $59K | — | View 990 |
| 2013 | $493K | $488K | $154K | $104K | — | View 990 |
| 2012 | $400K | $394K | $181K | $136K | — | View 990 |
| 2011 | $408K | $403K | $129K | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $364K, expenses of $359K, and assets of $112K (revenue -18.1% year-over-year).
- 2015: Revenue of $445K, expenses of $440K, and assets of $136K (revenue +27.1% year-over-year).
- 2014: Revenue of $350K, expenses of $350K, and assets of $109K (revenue -29.0% year-over-year).
- 2013: Revenue of $493K, expenses of $488K, and assets of $154K (revenue +23.3% year-over-year).
- 2012: Revenue of $400K, expenses of $394K, and assets of $181K (revenue -2.0% year-over-year).
- 2011: Revenue of $408K, expenses of $403K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakeshore 504:
Data Sources and Methodology
This transparency report for Lakeshore 504 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.