Lanai Yacht Owners Association Ltd
EIN: 990352760 · Lanai City, HI
| Metric | Value |
|---|---|
| Total Expenses | $60K |
| Net Assets | $37K |
Is Lanai Yacht Owners Association Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lanai Yacht Owners Association Ltd
Lanai Yacht Owners Association Ltd (EIN: 990352760) is a nonprofit organization based in Lanai City, HI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lanai Yacht Owners Association Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lanai Yacht Owners Association Ltd is a micro nonprofit, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of -47.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $60K |
| Surplus / Deficit | $-2,106 |
| Total Assets | $38K |
| Total Liabilities | $858 |
| Net Assets | $37K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2015, Lanai Yacht Owners Association Ltd reported a deficit of $2K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 2 years of filings (2014–2015), Lanai Yacht Owners Association Ltd's revenue has declined at a compound annual growth rate (CAGR) of -47.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -47.3% | -28.7% | -3.5% |
AI Analysis Pending
AI enrichment for Lanai Yacht Owners Association Ltd 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 Lanai Yacht Owners Association Ltd 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Lanai Yacht Owners Association Ltd
Is Lanai Yacht Owners Association Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Lanai Yacht Owners Association Ltd (EIN: 990352760) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lanai Yacht Owners Association Ltd spend its money?
Detailed spending breakdown data is not yet available for Lanai Yacht Owners Association Ltd. Check back for updated IRS 990 analysis.
Are donations to Lanai Yacht Owners Association Ltd tax-deductible?
Lanai Yacht Owners Association Ltd is registered as a tax-exempt nonprofit (EIN: 990352760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lanai Yacht Owners Association Ltd located?
Lanai Yacht Owners Association Ltd is headquartered in Lanai City, Hawaii and files with the IRS under EIN 990352760.
How many years of IRS 990 filings does Lanai Yacht Owners Association Ltd have?
Lanai Yacht Owners Association Ltd has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Lanai Yacht Owners Association Ltd showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Lanai Yacht Owners Association Ltd's revenue has declined by 47.3%, moving from $110K to $58K. Total assets decreased by 3.5% over the same period, from $39K to $38K. Total functional expenses fell by 28.7%, from $84K to $60K. In its most recent filing year (2015), Lanai Yacht Owners Association Ltd reported a deficit of $2K, with expenses exceeding revenue. The organization holds $858 in liabilities against $38K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $58K | $60K | $38K | $858 | — | View 990 |
| 2014 | $110K | $84K | $39K | $101 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lanai Yacht Owners Association Ltd:
Data Sources and Methodology
This transparency report for Lanai Yacht Owners Association Ltd 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.