Landing Foundation Inc
Landing Foundation Inc. reports minimal revenue and zero expenses for four consecutive years, alongside substantial liabilities.
EIN: 202828386 · Eagle, ID · NTEE: O20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $-623,169 |
| Transparency Score | 5/100 |
Is Landing Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Landing Foundation Inc
Landing Foundation Inc (EIN: 202828386) is a nonprofit organization based in Eagle, ID, classified under NTEE code O20. The organization reported total revenue of $1 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Landing Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Landing Foundation Inc is a micro nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -67.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Total Liabilities | $623K |
| Net Assets | $-623,169 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 62317000.0% |
Financial Health Grade: B
In 2022, Landing Foundation Inc reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 62317000.0% (high leverage).
Financial Trends
Over 9 years of filings (2011–2022), Landing Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -67.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | — | +0.0% |
| 2021 | +1999900.0% | — | +0.0% |
| 2020 | +0.0% | — | +0.0% |
| 2019 | -99.3% | -100.0% | -100.0% |
| 2015 | -99.4% | -66.4% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Landing Foundation Inc with a Mission Score of 5 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Landing Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 62317000.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating no salaries paid to officers. This is consistent with the reported zero expenses for recent years.
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 Landing Foundation Inc's IRS 990 filings:
- Consistent reporting of $1 revenue and $0 expenses for four consecutive years (2019-2022), indicating potential dormancy or lack of operations.
- Significant liabilities (e.g., $623,170 in 2022) far exceeding reported assets ($1), indicating severe insolvency.
- Lack of any reported program spending for multiple years, raising questions about charitable activity.
- Minimal assets ($1) reported consistently, suggesting no significant financial resources.
Strengths
The following positive indicators were identified for Landing Foundation Inc:
- No reported officer compensation, indicating no personal financial benefit to executives from the organization's limited funds.
Frequently Asked Questions about Landing Foundation Inc
Is Landing Foundation Inc a legitimate charity?
Landing Foundation Inc (EIN: 202828386) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 5/100. It has 9 years of IRS 990 filings on record. Total revenue: $1. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does Landing Foundation Inc spend its money?
Landing Foundation Inc reported $1 in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Landing Foundation Inc tax-deductible?
Landing Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202828386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Landing Foundation Inc compare to similar nonprofits?
With a transparency score of 5/100 (Very Poor), Landing Foundation Inc is below average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Landing Foundation Inc located?
Landing Foundation Inc is headquartered in Eagle, Idaho and files with the IRS under EIN 202828386. It is classified under NTEE code O20.
How many years of IRS 990 filings does Landing Foundation Inc have?
Landing Foundation Inc has 9 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 $1 in total revenue.
What are the substantial liabilities reported by Landing Foundation Inc. and how are they being managed?
The IRS 990 filings consistently show liabilities exceeding $600,000 (e.g., $623,170 in 2022) while assets are reported as $1. The nature of these liabilities and how the organization plans to address them with virtually no revenue or assets is unclear from the filings.
Why has Landing Foundation Inc. reported $1 in revenue and $0 in expenses for the past four years?
The filings from 2019 to 2022 show a consistent pattern of $1 in revenue and $0 in expenses. This suggests either a complete cessation of active operations, a significant change in reporting, or that the organization is effectively dormant.
Is Landing Foundation Inc. actively engaged in any charitable programs?
Based on the reported zero expenses for the past four years, there is no financial evidence in the IRS 990 filings to suggest that Landing Foundation Inc. is actively conducting any charitable programs.
Filing History
IRS 990 filing history for Landing Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Landing Foundation Inc's revenue has declined by 100%, moving from $223K to $1. Total assets decreased by 100% over the same period, from $96K to $1. Total functional expenses fell by 100%, from $180K to $0. The organization holds $623K in liabilities against $1 in assets (debt-to-asset ratio: 62317000.0%), resulting in net assets of $-623,169.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1 | $0 | $1 | $623K | — | View 990 |
| 2021 | $20K | $0 | $1 | $623K | — | View 990 |
| 2020 | $1 | $0 | $1 | $643K | — | View 990 |
| 2019 | $1 | $0 | $1 | $643K | — | — |
| 2015 | $135 | $6K | $56K | $641K | — | View 990 |
| 2014 | $24K | $19K | $62K | $640K | — | View 990 |
| 2013 | $11K | $39K | $71K | $654K | — | View 990 |
| 2012 | $95K | $88K | $82K | $637K | — | View 990 |
| 2011 | $223K | $180K | $96K | $657K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2021: Revenue of $20K, expenses of $0, and assets of $1 (revenue +1999900.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $0, and assets of $1 (revenue -99.3% year-over-year).
- 2015: Revenue of $135, expenses of $6K, and assets of $56K (revenue -99.4% year-over-year).
- 2014: Revenue of $24K, expenses of $19K, and assets of $62K (revenue +125.5% year-over-year).
- 2013: Revenue of $11K, expenses of $39K, and assets of $71K (revenue -88.6% year-over-year).
- 2012: Revenue of $95K, expenses of $88K, and assets of $82K (revenue -57.5% year-over-year).
- 2011: Revenue of $223K, expenses of $180K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Landing Foundation Inc:
Data Sources and Methodology
This transparency report for Landing Foundation 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.