Lakeshore Ethnic Diversity Alliance
EIN: 383360686 · Holland, MI · NTEE: R300
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $245K |
| Net Assets | $19K |
Is Lakeshore Ethnic Diversity Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lakeshore Ethnic Diversity Alliance
Lakeshore Ethnic Diversity Alliance (EIN: 383360686) is a nonprofit organization based in Holland, MI, classified under NTEE code R300. The organization reported total revenue of $169K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeshore Ethnic Diversity Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakeshore Ethnic Diversity Alliance is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $245K |
| Surplus / Deficit | $-76,602 |
| Total Assets | $34K |
| Total Liabilities | $15K |
| Net Assets | $19K |
| Operating Margin | -45.4% |
| Debt-to-Asset Ratio | 43.4% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2023, Lakeshore Ethnic Diversity Alliance reported a deficit of $77K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 43.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lakeshore Ethnic Diversity Alliance's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.2% | -11.8% | -71.0% |
| 2022 | -10.0% | +11.1% | -45.1% |
| 2021 | -31.9% | -1.2% | -13.4% |
| 2020 | +28.4% | -26.7% | +36.1% |
| 2019 | +16.5% | +4.8% | -37.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lakeshore Ethnic Diversity Alliance 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 Ethnic Diversity Alliance 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 deficit of $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.4%.
Frequently Asked Questions about Lakeshore Ethnic Diversity Alliance
Is Lakeshore Ethnic Diversity Alliance a legitimate charity?
Lakeshore Ethnic Diversity Alliance (EIN: 383360686) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $169K. No red flags identified. Financial health grade: C.
How does Lakeshore Ethnic Diversity Alliance spend its money?
Lakeshore Ethnic Diversity Alliance reported $169K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lakeshore Ethnic Diversity Alliance tax-deductible?
Lakeshore Ethnic Diversity Alliance is registered as a tax-exempt nonprofit (EIN: 383360686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lakeshore Ethnic Diversity Alliance located?
Lakeshore Ethnic Diversity Alliance is headquartered in Holland, Michigan and files with the IRS under EIN 383360686. It is classified under NTEE code R300.
How many years of IRS 990 filings does Lakeshore Ethnic Diversity Alliance have?
Lakeshore Ethnic Diversity Alliance 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 $169K in total revenue.
Filing History
IRS 990 filing history for Lakeshore Ethnic Diversity Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakeshore Ethnic Diversity Alliance's revenue has grown by 5.4%, moving from $160K to $169K. Total assets decreased by 86.8% over the same period, from $256K to $34K. Total functional expenses rose by 4.7%, from $234K to $245K. In its most recent filing year (2023), Lakeshore Ethnic Diversity Alliance reported a deficit of $77K, with expenses exceeding revenue. The organization holds $15K in liabilities against $34K in assets (debt-to-asset ratio: 43.4%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $245K | $34K | $15K | — | — |
| 2022 | $190K | $278K | $116K | $20K | — | View 990 |
| 2021 | $211K | $250K | $212K | $27K | — | View 990 |
| 2020 | $310K | $254K | $244K | $21K | — | View 990 |
| 2019 | $241K | $346K | $179K | $13K | — | View 990 |
| 2018 | $207K | $330K | $287K | $17K | — | View 990 |
| 2017 | $626K | $383K | $403K | $10K | — | View 990 |
| 2016 | $321K | $438K | $164K | $15K | — | View 990 |
| 2015 | $243K | $449K | $317K | $43K | — | View 990 |
| 2014 | $620K | $491K | $513K | $33K | — | View 990 |
| 2013 | $303K | $405K | $383K | $26K | — | View 990 |
| 2012 | $575K | $364K | $471K | $13K | — | View 990 |
| 2011 | $160K | $234K | $256K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $245K, and assets of $34K (revenue -11.2% year-over-year).
- 2022: Revenue of $190K, expenses of $278K, and assets of $116K (revenue -10.0% year-over-year).
- 2021: Revenue of $211K, expenses of $250K, and assets of $212K (revenue -31.9% year-over-year).
- 2020: Revenue of $310K, expenses of $254K, and assets of $244K (revenue +28.4% year-over-year).
- 2019: Revenue of $241K, expenses of $346K, and assets of $179K (revenue +16.5% year-over-year).
- 2018: Revenue of $207K, expenses of $330K, and assets of $287K (revenue -66.9% year-over-year).
- 2017: Revenue of $626K, expenses of $383K, and assets of $403K (revenue +95.4% year-over-year).
- 2016: Revenue of $321K, expenses of $438K, and assets of $164K (revenue +32.1% year-over-year).
- 2015: Revenue of $243K, expenses of $449K, and assets of $317K (revenue -60.8% year-over-year).
- 2014: Revenue of $620K, expenses of $491K, and assets of $513K (revenue +104.5% year-over-year).
- 2013: Revenue of $303K, expenses of $405K, and assets of $383K (revenue -47.4% year-over-year).
- 2012: Revenue of $575K, expenses of $364K, and assets of $471K (revenue +259.1% year-over-year).
- 2011: Revenue of $160K, expenses of $234K, and assets of $256K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakeshore Ethnic Diversity Alliance:
Data Sources and Methodology
This transparency report for Lakeshore Ethnic Diversity Alliance 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.