Larrabee School Foundation Of Clermont
EIN: 421386566 · Clermont, IA · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $24K |
| Net Assets | $76K |
Is Larrabee School Foundation Of Clermont Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Larrabee School Foundation Of Clermont
Larrabee School Foundation Of Clermont (EIN: 421386566) is a nonprofit organization based in Clermont, IA, classified under NTEE code S20. The organization reported total revenue of $7K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larrabee School Foundation Of Clermont's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larrabee School Foundation Of Clermont is a micro nonprofit that has been operating for 4 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $24K |
| Surplus / Deficit | $-9,342 |
| Total Assets | $76K |
| Net Assets | $76K |
| Operating Margin | -63.7% |
| Months of Reserves | 37.9 months |
Financial Health Grade: B
In 2023, Larrabee School Foundation Of Clermont reported a deficit of $9K with expenses exceeding revenue, holds 37.9 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Larrabee School Foundation Of Clermont's revenue has declined at a compound annual growth rate (CAGR) of -16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2668.1% | +212.9% | -11.0% |
| 2022 | +1077.8% | -27.1% | -7.7% |
| 2021 | -99.5% | +22.2% | -10.2% |
| 2020 | -68.5% | -45.9% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Larrabee School Foundation Of Clermont 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 Larrabee School Foundation Of Clermont 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 deficit of $9K, with expenses exceeding revenue.
Frequently Asked Questions about Larrabee School Foundation Of Clermont
Is Larrabee School Foundation Of Clermont a legitimate charity?
Larrabee School Foundation Of Clermont (EIN: 421386566) is a registered tax-exempt nonprofit based in Iowa. It has 5 years of IRS 990 filings on record. Total revenue: $7K. No red flags identified. Financial health grade: B.
How does Larrabee School Foundation Of Clermont spend its money?
Larrabee School Foundation Of Clermont reported $7K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Larrabee School Foundation Of Clermont tax-deductible?
Larrabee School Foundation Of Clermont is registered as a tax-exempt nonprofit (EIN: 421386566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Larrabee School Foundation Of Clermont located?
Larrabee School Foundation Of Clermont is headquartered in Clermont, Iowa and files with the IRS under EIN 421386566. It is classified under NTEE code S20.
How many years of IRS 990 filings does Larrabee School Foundation Of Clermont have?
Larrabee School Foundation Of Clermont has 5 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 $7K in total revenue.
Filing History
IRS 990 filing history for Larrabee School Foundation Of Clermont showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Larrabee School Foundation Of Clermont's revenue has declined by 50.3%, moving from $30K to $15K. Total assets decreased by 25.8% over the same period, from $102K to $76K. Total functional expenses rose by 50.8%, from $16K to $24K. In its most recent filing year (2023), Larrabee School Foundation Of Clermont reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $24K | $76K | $0 | — | — |
| 2022 | $530 | $8K | $85K | $0 | — | — |
| 2021 | $45 | $11K | $92K | $0 | — | — |
| 2020 | $9K | $9K | $103K | $0 | — | — |
| 2019 | $30K | $16K | $102K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $24K, and assets of $76K (revenue +2668.1% year-over-year).
- 2022: Revenue of $530, expenses of $8K, and assets of $85K (revenue +1077.8% year-over-year).
- 2021: Revenue of $45, expenses of $11K, and assets of $92K (revenue -99.5% year-over-year).
- 2020: Revenue of $9K, expenses of $9K, and assets of $103K (revenue -68.5% year-over-year).
- 2019: Revenue of $30K, expenses of $16K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larrabee School Foundation Of Clermont:
Data Sources and Methodology
This transparency report for Larrabee School Foundation Of Clermont 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.