Lakeside Middle School Parent Teacher Organization
Lakeside Middle School PTO shows fluctuating revenue but consistent financial stability with no liabilities and zero officer compensation.
EIN: 161713207 · Lexington, SC · NTEE: B112 · Updated: 2026-03-28
About Lakeside Middle School Parent Teacher Organization
Lakeside Middle School Parent Teacher Organization (EIN: 161713207) is a nonprofit organization based in Lexington, SC, classified under NTEE code B112. The organization reported total revenue of $11K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeside Middle School Parent Teacher Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lakeside Middle School Parent Teacher Organization with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lakeside Middle School Parent Teacher Organization allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that all executive functions are performed on a volunteer basis. This is highly commendable for a nonprofit of this size and type, ensuring that all raised funds can be directed towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lakeside Middle School Parent Teacher Organization's IRS 990 filings:
- Significant revenue volatility, with a low of $2 in 2021, which could impact consistent program delivery.
Strengths
The following positive indicators were identified for Lakeside Middle School Parent Teacher Organization:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven model.
- No reported liabilities across all filing periods, demonstrating strong financial management.
- Consistent filing of IRS Form 990s over 13 periods, indicating transparency.
- Healthy asset base relative to its operational size, with $25,692 in assets in the latest period.
- Positive net income in the latest period (202406) with revenue of $15,726 exceeding expenses of $9,923.
Frequently Asked Questions about Lakeside Middle School Parent Teacher Organization
Is Lakeside Middle School Parent Teacher Organization a good charity?
Based on the provided data, Lakeside Middle School PTO appears to be a good charity. It consistently reports $0 in liabilities and 0% officer compensation, meaning all funds are likely directed towards its mission. Its consistent filing of 990s also indicates transparency.
How has the PTO's revenue trended recently?
The PTO's revenue has been highly volatile. It was $37,688 in 2019, dropped significantly to $2 in 2021, and has since rebounded to $15,726 in the latest 202406 period, showing a positive recent trend after a few challenging years.
What is the organization's asset position?
The organization maintains a healthy asset position, with current assets at $25,692 (202406) and no reported liabilities. While assets have decreased from a high of $68,262 in 2016, they remain substantial for a PTO of this size.
Filing History
IRS 990 filing history for Lakeside Middle School Parent Teacher Organization showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lakeside Middle School Parent Teacher Organization's revenue has declined by 27%, moving from $22K to $16K. Total assets decreased by 49.1% over the same period, from $51K to $26K. Total functional expenses fell by 57.4%, from $23K to $10K. In its most recent filing year (2024), Lakeside Middle School Parent Teacher Organization reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $16K | $10K | $26K | $0 | — | — |
| 2023 | $5K | $12K | $20K | $0 | — | View 990 |
| 2022 | $123 | $11K | $27K | $0 | — | — |
| 2021 | $2 | $8K | $38K | $0 | — | — |
| 2020 | $4K | $5K | $45K | $0 | — | View 990 |
| 2019 | $38K | $31K | $46K | $0 | — | View 990 |
| 2018 | $33K | $55K | $36K | $0 | — | — |
| 2017 | $35K | $45K | $57K | $0 | — | View 990 |
| 2016 | $40K | $24K | $68K | $0 | — | View 990 |
| 2015 | $33K | $24K | $51K | $0 | — | View 990 |
| 2014 | $14K | $22K | $42K | $0 | — | View 990 |
| 2013 | $16K | $17K | $50K | $0 | — | View 990 |
| 2012 | $22K | $23K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $16K, expenses of $10K, and assets of $26K (revenue +234.5% year-over-year).
- 2023: Revenue of $5K, expenses of $12K, and assets of $20K (revenue +3722.0% year-over-year).
- 2022: Revenue of $123, expenses of $11K, and assets of $27K (revenue +6050.0% year-over-year).
- 2021: Revenue of $2, expenses of $8K, and assets of $38K (revenue -100.0% year-over-year).
- 2020: Revenue of $4K, expenses of $5K, and assets of $45K (revenue -88.3% year-over-year).
- 2019: Revenue of $38K, expenses of $31K, and assets of $46K (revenue +12.8% year-over-year).
- 2018: Revenue of $33K, expenses of $55K, and assets of $36K (revenue -5.7% year-over-year).
- 2017: Revenue of $35K, expenses of $45K, and assets of $57K (revenue -12.5% year-over-year).
- 2016: Revenue of $40K, expenses of $24K, and assets of $68K (revenue +22.4% year-over-year).
- 2015: Revenue of $33K, expenses of $24K, and assets of $51K (revenue +136.5% year-over-year).
- 2014: Revenue of $14K, expenses of $22K, and assets of $42K (revenue -15.1% year-over-year).
- 2013: Revenue of $16K, expenses of $17K, and assets of $50K (revenue -23.5% year-over-year).
- 2012: Revenue of $22K, expenses of $23K, and assets of $51K.
Data Sources and Methodology
This transparency report for Lakeside Middle School Parent Teacher Organization 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.