Lamorinda Spanish Inc
Lamorinda Spanish Inc. maintains stable finances with no reported officer compensation.
EIN: 203576309 · Eden, UT · NTEE: B28 · Updated: 2026-03-28
About Lamorinda Spanish Inc
Lamorinda Spanish Inc (EIN: 203576309) is a nonprofit organization based in Eden, UT, classified under NTEE code B28. The organization reported total revenue of $1.2M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lamorinda Spanish 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 Lamorinda Spanish Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lamorinda Spanish Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 no officers received reportable compensation, which is highly unusual for an organization of this size with over $1 million in annual revenue and nearly $3 million in assets. This suggests either a fully volunteer-led executive team or that compensation is structured in a way that is not reported as officer compensation on the 990.
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 Lamorinda Spanish Inc's IRS 990 filings:
- Unusually low reported liabilities relative to assets in some years, potentially indicating aggressive accounting or specific asset types.
- Lack of detailed program expense breakdown in provided data makes it difficult to fully assess program efficiency beyond overall spending.
Strengths
The following positive indicators were identified for Lamorinda Spanish Inc:
- Consistent growth in net assets, from $2.25 million in 2014 to $2.7 million in 2023.
- Reported 0% officer compensation across all filings, indicating strong commitment to mission-focused spending.
- Stable revenue streams, consistently over $1 million annually.
- Positive net income in most years, demonstrating financial sustainability.
Frequently Asked Questions about Lamorinda Spanish Inc
Is Lamorinda Spanish Inc. a good charity?
Based on the available IRS 990 data, Lamorinda Spanish Inc. appears to be a financially sound organization with consistent revenue and growing assets. The reported 0% officer compensation is a significant positive indicator of resource allocation towards its mission. However, without detailed program expense breakdowns, it's difficult to fully assess program effectiveness.
How has Lamorinda Spanish Inc.'s financial health changed over time?
Lamorinda Spanish Inc. has shown consistent financial health over the past decade. Revenue has fluctuated but remained robust, generally above $1 million, with a peak of $2.1 million in 2018. Assets have steadily grown from $2.25 million in 2014 to $2.7 million in 2023, indicating prudent financial management and accumulation of resources.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This suggests that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as reportable officer compensation, which is a strong indicator of resource dedication to the mission.
Filing History
IRS 990 filing history for Lamorinda Spanish Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lamorinda Spanish Inc's revenue has grown by 26%, moving from $882K to $1.1M. Total assets increased by 478.1% over the same period, from $467K to $2.7M. Total functional expenses rose by 39.7%, from $678K to $947K. In its most recent filing year (2023), Lamorinda Spanish Inc reported a surplus of $164K, with revenue exceeding expenses. The organization holds $526K in liabilities against $2.7M in assets (debt-to-asset ratio: 19.5%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $947K | $2.7M | $526K | — | — |
| 2022 | $1.1M | $924K | $2.6M | $634K | — | — |
| 2021 | $1.5M | $946K | $2.6M | $736K | — | View 990 |
| 2020 | $988K | $1.4M | $2.3M | $1.1M | — | View 990 |
| 2019 | $1.8M | $1.9M | $2.5M | $1.7M | — | View 990 |
| 2018 | $2.1M | $1.9M | $2.8M | $1.1M | — | View 990 |
| 2017 | $1.9M | $1.9M | $2.5M | $1.1M | — | View 990 |
| 2016 | $1.7M | $1.6M | $2.5M | $1.1M | — | View 990 |
| 2015 | $1.7M | $1.4M | $2.5M | $1.1M | — | View 990 |
| 2014 | $1.5M | $1.2M | $2.3M | $1.2M | — | View 990 |
| 2013 | $1.2M | $1.0M | $856K | $43K | — | View 990 |
| 2012 | $1.0M | $920K | $605K | $9K | — | View 990 |
| 2011 | $882K | $678K | $467K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $947K, and assets of $2.7M (revenue +5.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $924K, and assets of $2.6M (revenue -29.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $946K, and assets of $2.6M (revenue +52.3% year-over-year).
- 2020: Revenue of $988K, expenses of $1.4M, and assets of $2.3M (revenue -44.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.9M, and assets of $2.5M (revenue -15.9% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $2.8M (revenue +9.8% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $2.5M (revenue +13.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $2.5M (revenue +1.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.4M, and assets of $2.5M (revenue +9.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $2.3M (revenue +26.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.0M, and assets of $856K (revenue +15.3% year-over-year).
- 2012: Revenue of $1.0M, expenses of $920K, and assets of $605K (revenue +19.0% year-over-year).
- 2011: Revenue of $882K, expenses of $678K, and assets of $467K.
Data Sources and Methodology
This transparency report for Lamorinda Spanish 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.