Lakeville South Girls Basketball Association
EIN: 263434497 · Burnsville, MN · NTEE: N62
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $240K |
| Net Assets | $285K |
Is Lakeville South Girls Basketball Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lakeville South Girls Basketball Association
Lakeville South Girls Basketball Association (EIN: 263434497) is a nonprofit organization based in Burnsville, MN, classified under NTEE code N62. The organization reported total revenue of $241K and total assets of $303K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeville South Girls Basketball Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakeville South Girls Basketball Association is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $210K |
| Total Expenses | $240K |
| Surplus / Deficit | $-29,546 |
| Total Assets | $285K |
| Net Assets | $285K |
| Operating Margin | -14.0% |
| Months of Reserves | 14.3 months |
Financial Health Grade: B
In 2023, Lakeville South Girls Basketball Association reported a deficit of $30K with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lakeville South Girls Basketball Association's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +36.0% | -9.4% |
| 2022 | +15.1% | +17.2% | +6.6% |
| 2021 | +13.4% | +20.7% | +7.1% |
| 2020 | +6.4% | -16.8% | +10.1% |
| 2019 | -1.6% | -2.2% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lakeville South Girls Basketball Association 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 Lakeville South Girls Basketball Association 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 $30K, with expenses exceeding revenue.
Frequently Asked Questions about Lakeville South Girls Basketball Association
Is Lakeville South Girls Basketball Association a legitimate charity?
Lakeville South Girls Basketball Association (EIN: 263434497) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $241K. No red flags identified. Financial health grade: B.
How does Lakeville South Girls Basketball Association spend its money?
Lakeville South Girls Basketball Association reported $241K 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 Lakeville South Girls Basketball Association tax-deductible?
Lakeville South Girls Basketball Association is registered as a tax-exempt nonprofit (EIN: 263434497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lakeville South Girls Basketball Association located?
Lakeville South Girls Basketball Association is headquartered in Burnsville, Minnesota and files with the IRS under EIN 263434497. It is classified under NTEE code N62.
How many years of IRS 990 filings does Lakeville South Girls Basketball Association have?
Lakeville South Girls Basketball Association 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 $241K in total revenue.
Filing History
IRS 990 filing history for Lakeville South Girls Basketball Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakeville South Girls Basketball Association's revenue has grown by 69%, moving from $124K to $210K. Total assets increased by 106.3% over the same period, from $138K to $285K. Total functional expenses rose by 196.1%, from $81K to $240K. In its most recent filing year (2023), Lakeville South Girls Basketball Association reported a deficit of $30K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $210K | $240K | $285K | $0 | — | — |
| 2022 | $196K | $176K | $315K | $0 | — | View 990 |
| 2021 | $170K | $151K | $295K | $0 | — | View 990 |
| 2020 | $150K | $125K | $276K | $0 | — | View 990 |
| 2019 | $141K | $150K | $250K | $0 | — | View 990 |
| 2018 | $143K | $153K | $259K | $0 | — | View 990 |
| 2017 | $153K | $133K | $269K | $0 | — | — |
| 2016 | $140K | $142K | $249K | $0 | — | View 990 |
| 2015 | $149K | $138K | $251K | $0 | — | View 990 |
| 2014 | $142K | $121K | $240K | $0 | — | View 990 |
| 2013 | $153K | $96K | $219K | $0 | — | View 990 |
| 2012 | $126K | $102K | $162K | $0 | — | View 990 |
| 2011 | $124K | $81K | $138K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210K, expenses of $240K, and assets of $285K (revenue +7.4% year-over-year).
- 2022: Revenue of $196K, expenses of $176K, and assets of $315K (revenue +15.1% year-over-year).
- 2021: Revenue of $170K, expenses of $151K, and assets of $295K (revenue +13.4% year-over-year).
- 2020: Revenue of $150K, expenses of $125K, and assets of $276K (revenue +6.4% year-over-year).
- 2019: Revenue of $141K, expenses of $150K, and assets of $250K (revenue -1.6% year-over-year).
- 2018: Revenue of $143K, expenses of $153K, and assets of $259K (revenue -6.3% year-over-year).
- 2017: Revenue of $153K, expenses of $133K, and assets of $269K (revenue +9.0% year-over-year).
- 2016: Revenue of $140K, expenses of $142K, and assets of $249K (revenue -5.9% year-over-year).
- 2015: Revenue of $149K, expenses of $138K, and assets of $251K (revenue +5.0% year-over-year).
- 2014: Revenue of $142K, expenses of $121K, and assets of $240K (revenue -7.3% year-over-year).
- 2013: Revenue of $153K, expenses of $96K, and assets of $219K (revenue +21.4% year-over-year).
- 2012: Revenue of $126K, expenses of $102K, and assets of $162K (revenue +1.2% year-over-year).
- 2011: Revenue of $124K, expenses of $81K, and assets of $138K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakeville South Girls Basketball Association:
Data Sources and Methodology
This transparency report for Lakeville South Girls Basketball Association 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.