Lakewood Sports Booster Club
Lakewood Sports Booster Club shows strong financial growth and zero executive compensation over two years.
EIN: 208437212 · N Lakewood, WA · NTEE: B94 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $338K |
| Total Expenses | $255K |
| Program Spending | 90% |
| Net Assets | $137K |
| Transparency Score | 92/100 |
Is Lakewood Sports Booster Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakewood Sports Booster Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakewood Sports Booster Club
Lakewood Sports Booster Club (EIN: 208437212) is a nonprofit organization based in N Lakewood, WA, classified under NTEE code B94. The organization reported total revenue of $338K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakewood Sports Booster Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakewood Sports Booster Club is a small nonprofit that has been operating for 19 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 37.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $255K |
| Surplus / Deficit | +$113K |
| Total Assets | $137K |
| Net Assets | $137K |
| Operating Margin | 30.7% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Lakewood Sports Booster Club reported a surplus of $113K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Lakewood Sports Booster Club's revenue has grown at a compound annual growth rate (CAGR) of 37.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.1% | +6.6% | +368.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lakewood Sports Booster Club with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Lakewood Sports Booster Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $113K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% of expenses for both reported periods, indicating that the organization operates with volunteer leadership or very minimal administrative overhead, directing nearly all funds to 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.
Strengths
The following positive indicators were identified for Lakewood Sports Booster Club:
- Strong financial growth: Assets increased from $29,152 in 2022 to $136,501 in 2023.
- Zero liabilities: The organization reported $0 in liabilities for both 2022 and 2023.
- No officer compensation: 0% of expenses went to officer compensation in both reported periods, indicating high program focus.
- Consistent revenue growth: Revenue increased from $268,519 in 2022 to $368,059 in 2023.
Frequently Asked Questions about Lakewood Sports Booster Club
Is Lakewood Sports Booster Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakewood Sports Booster Club (EIN: 208437212) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Lakewood Sports Booster Club spend its money?
Lakewood Sports Booster Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lakewood Sports Booster Club tax-deductible?
Lakewood Sports Booster Club is registered as a tax-exempt nonprofit (EIN: 208437212). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lakewood Sports Booster Club's spending goes to programs?
Lakewood Sports Booster Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lakewood Sports Booster Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lakewood Sports Booster Club is above average for NTEE category B94 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lakewood Sports Booster Club located?
Lakewood Sports Booster Club is headquartered in N Lakewood, Washington and files with the IRS under EIN 208437212. It is classified under NTEE code B94.
How many years of IRS 990 filings does Lakewood Sports Booster Club have?
Lakewood Sports Booster Club has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $338K in total revenue.
Is Lakewood Sports Booster Club a good charity?
Based on the available IRS 990 data, Lakewood Sports Booster Club appears to be a very good charity. It exhibits strong financial health with growing assets ($136,501 in 2023), no liabilities, and 0% officer compensation, suggesting efficient use of funds directly for its programs.
How has Lakewood Sports Booster Club's financial position changed over the past two years?
Lakewood Sports Booster Club's financial position has significantly strengthened. Assets grew from $29,152 in 2022 to $136,501 in 2023, and revenue increased from $268,519 to $368,059 over the same period, indicating robust growth and financial stability.
Filing History
IRS 990 filing history for Lakewood Sports Booster Club showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Lakewood Sports Booster Club's revenue has grown by 37.1%, moving from $269K to $368K. Total assets increased by 368.2% over the same period, from $29K to $137K. Total functional expenses rose by 6.6%, from $239K to $255K. In its most recent filing year (2023), Lakewood Sports Booster Club reported a surplus of $113K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $255K | $137K | $0 | — | — |
| 2022 | $269K | $239K | $29K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakewood Sports Booster Club:
Data Sources and Methodology
This transparency report for Lakewood Sports Booster Club 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.