Larchwood Betterment Club
EIN: 680554429 · Larchwood, IA · NTEE: O20
| Metric | Value |
|---|---|
| Total Revenue | $92K |
| Total Expenses | $100K |
| Net Assets | $50K |
Is Larchwood Betterment Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Larchwood Betterment Club
Larchwood Betterment Club (EIN: 680554429) is a nonprofit organization based in Larchwood, IA, classified under NTEE code O20. The organization reported total revenue of $92K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larchwood Betterment Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larchwood Betterment Club is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $100K |
| Surplus / Deficit | +$19K |
| Total Assets | $50K |
| Net Assets | $50K |
| Operating Margin | 15.8% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Larchwood Betterment Club reported a surplus of $19K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Larchwood Betterment Club's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.9% | +13.3% | +60.9% |
| 2022 | +109.4% | +97.6% | +14.6% |
| 2021 | +26.4% | -4.1% | -2.3% |
| 2020 | -38.8% | -14.4% | -29.9% |
| 2019 | +13.8% | -9.2% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Larchwood Betterment Club 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 Larchwood Betterment Club 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Frequently Asked Questions about Larchwood Betterment Club
Is Larchwood Betterment Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Larchwood Betterment Club (EIN: 680554429) insufficient data. 0 red flags identified, 0 strengths noted.
How does Larchwood Betterment Club spend its money?
Detailed spending breakdown data is not yet available for Larchwood Betterment Club. Check back for updated IRS 990 analysis.
Are donations to Larchwood Betterment Club tax-deductible?
Larchwood Betterment Club is registered as a tax-exempt nonprofit (EIN: 680554429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Larchwood Betterment Club located?
Larchwood Betterment Club is headquartered in Larchwood, Iowa and files with the IRS under EIN 680554429. It is classified under NTEE code O20.
How many years of IRS 990 filings does Larchwood Betterment Club have?
Larchwood Betterment Club has 13 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 $92K in total revenue.
Filing History
IRS 990 filing history for Larchwood Betterment Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Larchwood Betterment Club's revenue has grown by 68.7%, moving from $70K to $119K. Total assets increased by 144.5% over the same period, from $20K to $50K. Total functional expenses rose by 32.6%, from $75K to $100K. In its most recent filing year (2023), Larchwood Betterment Club reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $100K | $50K | $0 | — | View 990 |
| 2022 | $92K | $88K | $31K | $0 | — | View 990 |
| 2021 | $44K | $45K | $27K | $0 | — | — |
| 2020 | $35K | $46K | $28K | $0 | — | View 990 |
| 2019 | $57K | $54K | $39K | $0 | — | View 990 |
| 2018 | $50K | $60K | $37K | $0 | — | View 990 |
| 2017 | $47K | $48K | $47K | $0 | — | View 990 |
| 2016 | $52K | $35K | $48K | $0 | — | View 990 |
| 2015 | $46K | $37K | $31K | $0 | — | View 990 |
| 2014 | $46K | $61K | $22K | $0 | — | View 990 |
| 2013 | $48K | $40K | $37K | $0 | — | View 990 |
| 2012 | $65K | $56K | $30K | $0 | — | View 990 |
| 2011 | $70K | $75K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $100K, and assets of $50K (revenue +28.9% year-over-year).
- 2022: Revenue of $92K, expenses of $88K, and assets of $31K (revenue +109.4% year-over-year).
- 2021: Revenue of $44K, expenses of $45K, and assets of $27K (revenue +26.4% year-over-year).
- 2020: Revenue of $35K, expenses of $46K, and assets of $28K (revenue -38.8% year-over-year).
- 2019: Revenue of $57K, expenses of $54K, and assets of $39K (revenue +13.8% year-over-year).
- 2018: Revenue of $50K, expenses of $60K, and assets of $37K (revenue +7.0% year-over-year).
- 2017: Revenue of $47K, expenses of $48K, and assets of $47K (revenue -10.0% year-over-year).
- 2016: Revenue of $52K, expenses of $35K, and assets of $48K (revenue +12.6% year-over-year).
- 2015: Revenue of $46K, expenses of $37K, and assets of $31K (revenue -0.1% year-over-year).
- 2014: Revenue of $46K, expenses of $61K, and assets of $22K (revenue -3.0% year-over-year).
- 2013: Revenue of $48K, expenses of $40K, and assets of $37K (revenue -27.2% year-over-year).
- 2012: Revenue of $65K, expenses of $56K, and assets of $30K (revenue -7.0% year-over-year).
- 2011: Revenue of $70K, expenses of $75K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larchwood Betterment Club:
Data Sources and Methodology
This transparency report for Larchwood Betterment 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.