Lakewood Ranch Business Alliance Inc
Lakewood Ranch Business Alliance Inc shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 202718333 · Lakewood Rch, FL · NTEE: S41 · Updated: 2026-03-28
Is Lakewood Ranch Business Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakewood Ranch Business Alliance Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakewood Ranch Business Alliance Inc
Lakewood Ranch Business Alliance Inc (EIN: 202718333) is a nonprofit organization based in Lakewood Rch, FL, classified under NTEE code S41. The organization reported total revenue of $958K and total assets of $684K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakewood Ranch Business Alliance Inc'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 Lakewood Ranch Business Alliance Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lakewood Ranch Business Alliance Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through non-officer roles, which is highly unusual for an organization of its size with nearly $1 million in annual revenue.
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 Lakewood Ranch Business Alliance Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unusually low liabilities relative to assets in some periods, then higher in others, warranting closer inspection of balance sheet management.
Strengths
The following positive indicators were identified for Lakewood Ranch Business Alliance Inc:
- Consistent revenue growth over a decade (from $241,377 in 2014 to $740,902 in 2023)
- Strong asset growth, indicating financial health and capacity building (from $337,384 in 2014 to $694,748 in 2023)
- Positive net income in most years, demonstrating sound financial management
- 0% reported officer compensation, suggesting high volunteer engagement or efficient use of funds for leadership
- Consistent IRS 990 filing history, indicating good transparency practices
Frequently Asked Questions about Lakewood Ranch Business Alliance Inc
Is Lakewood Ranch Business Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakewood Ranch Business Alliance Inc (EIN: 202718333) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Lakewood Ranch Business Alliance Inc spend its money?
Lakewood Ranch Business Alliance Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lakewood Ranch Business Alliance Inc tax-deductible?
Lakewood Ranch Business Alliance Inc is registered as a tax-exempt nonprofit (EIN: 202718333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lakewood Ranch Business Alliance Inc a good charity?
Based on the provided financial data, the organization demonstrates strong financial health, consistent growth, and high transparency regarding executive compensation (0% reported). Its ability to grow assets and revenue while maintaining expenses suggests effective management.
How has the organization's revenue changed over time?
Revenue has shown significant and consistent growth, increasing from $241,377 in 2014 to $740,902 in 2023, indicating a strong upward trend in financial support.
What is the organization's financial stability?
The organization appears financially stable, consistently generating more revenue than expenses in most years and steadily increasing its assets from $337,384 in 2014 to $694,748 in 2023, while managing liabilities.
Does the organization pay its officers?
According to the IRS 990 filings, officer compensation has been reported as 0% for all available periods, suggesting that officers are not directly compensated or are volunteers.
Filing History
IRS 990 filing history for Lakewood Ranch Business Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakewood Ranch Business Alliance Inc's revenue has grown by 226.7%, moving from $227K to $741K. Total assets increased by 144% over the same period, from $285K to $695K. Total functional expenses rose by 324.2%, from $167K to $708K. In its most recent filing year (2023), Lakewood Ranch Business Alliance Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $270K in liabilities against $695K in assets (debt-to-asset ratio: 38.9%), resulting in net assets of $425K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $741K | $708K | $695K | $270K | — | View 990 |
| 2022 | $740K | $667K | $551K | $159K | — | View 990 |
| 2021 | $596K | $568K | $595K | $275K | — | View 990 |
| 2020 | $628K | $616K | $467K | $176K | — | View 990 |
| 2019 | $623K | $626K | $463K | $184K | — | View 990 |
| 2018 | $540K | $517K | $477K | $196K | — | View 990 |
| 2017 | $478K | $452K | $321K | $63K | — | View 990 |
| 2016 | $376K | $393K | $322K | $90K | — | View 990 |
| 2015 | $341K | $359K | $303K | $54K | — | View 990 |
| 2014 | $241K | $267K | $337K | $70K | — | View 990 |
| 2013 | $220K | $202K | $371K | $78K | — | View 990 |
| 2012 | $231K | $177K | $341K | $66K | — | View 990 |
| 2011 | $227K | $167K | $285K | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $741K, expenses of $708K, and assets of $695K (revenue +0.2% year-over-year).
- 2022: Revenue of $740K, expenses of $667K, and assets of $551K (revenue +24.0% year-over-year).
- 2021: Revenue of $596K, expenses of $568K, and assets of $595K (revenue -5.0% year-over-year).
- 2020: Revenue of $628K, expenses of $616K, and assets of $467K (revenue +0.8% year-over-year).
- 2019: Revenue of $623K, expenses of $626K, and assets of $463K (revenue +15.4% year-over-year).
- 2018: Revenue of $540K, expenses of $517K, and assets of $477K (revenue +13.0% year-over-year).
- 2017: Revenue of $478K, expenses of $452K, and assets of $321K (revenue +27.3% year-over-year).
- 2016: Revenue of $376K, expenses of $393K, and assets of $322K (revenue +10.3% year-over-year).
- 2015: Revenue of $341K, expenses of $359K, and assets of $303K (revenue +41.1% year-over-year).
- 2014: Revenue of $241K, expenses of $267K, and assets of $337K (revenue +9.7% year-over-year).
- 2013: Revenue of $220K, expenses of $202K, and assets of $371K (revenue -4.8% year-over-year).
- 2012: Revenue of $231K, expenses of $177K, and assets of $341K (revenue +1.9% year-over-year).
- 2011: Revenue of $227K, expenses of $167K, and assets of $285K.
Data Sources and Methodology
This transparency report for Lakewood Ranch Business Alliance Inc 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.