Lawrence Childrens Choir Inc
EIN: 481140388 · Lawrence, KS · NTEE: A6B0
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $147K |
| Net Assets | $294K |
Is Lawrence Childrens Choir Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lawrence Childrens Choir Inc
Lawrence Childrens Choir Inc (EIN: 481140388) is a nonprofit organization based in Lawrence, KS, classified under NTEE code A6B0. The organization reported total revenue of $159K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawrence Childrens Choir Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lawrence Childrens Choir Inc is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $147K |
| Surplus / Deficit | $-15,802 |
| Total Assets | $337K |
| Total Liabilities | $43K |
| Net Assets | $294K |
| Operating Margin | -12.1% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 27.6 months |
Financial Health Grade: B
In 2024, Lawrence Childrens Choir Inc reported a deficit of $16K with expenses exceeding revenue, holds 27.6 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Lawrence Childrens Choir Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -24.0% | -24.2% | +13.3% |
| 2023 | -9.0% | +47.7% | +0.1% |
| 2022 | +43.7% | +32.9% | +4.0% |
| 2021 | -17.7% | -41.6% | +22.9% |
| 2020 | -26.1% | -16.5% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lawrence Childrens Choir Inc 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 Lawrence Childrens Choir Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.8%.
Frequently Asked Questions about Lawrence Childrens Choir Inc
Is Lawrence Childrens Choir Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lawrence Childrens Choir Inc (EIN: 481140388) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lawrence Childrens Choir Inc spend its money?
Detailed spending breakdown data is not yet available for Lawrence Childrens Choir Inc. Check back for updated IRS 990 analysis.
Are donations to Lawrence Childrens Choir Inc tax-deductible?
Lawrence Childrens Choir Inc is registered as a tax-exempt nonprofit (EIN: 481140388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lawrence Childrens Choir Inc located?
Lawrence Childrens Choir Inc is headquartered in Lawrence, Kansas and files with the IRS under EIN 481140388. It is classified under NTEE code A6B0.
How many years of IRS 990 filings does Lawrence Childrens Choir Inc have?
Lawrence Childrens Choir Inc 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 $159K in total revenue.
Filing History
IRS 990 filing history for Lawrence Childrens Choir Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lawrence Childrens Choir Inc's revenue has declined by 58.6%, moving from $316K to $131K. Total assets increased by 120.5% over the same period, from $153K to $337K. Total functional expenses fell by 49.7%, from $292K to $147K. In its most recent filing year (2024), Lawrence Childrens Choir Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $43K in liabilities against $337K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $294K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $131K | $147K | $337K | $43K | — | — |
| 2023 | $172K | $193K | $297K | $14K | — | View 990 |
| 2022 | $189K | $131K | $297K | $7K | — | View 990 |
| 2021 | $132K | $99K | $286K | $30K | — | — |
| 2020 | $160K | $169K | $232K | $41K | — | View 990 |
| 2019 | $216K | $202K | $217K | $17K | — | View 990 |
| 2018 | $189K | $181K | $213K | $27K | — | View 990 |
| 2017 | $217K | $200K | $210K | $32K | — | View 990 |
| 2016 | $194K | $193K | $209K | $46K | — | View 990 |
| 2015 | $209K | $185K | $201K | $40K | — | View 990 |
| 2014 | $182K | $180K | $175K | $38K | — | View 990 |
| 2013 | $248K | $239K | $161K | $25K | — | View 990 |
| 2012 | $316K | $292K | $153K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $131K, expenses of $147K, and assets of $337K (revenue -24.0% year-over-year).
- 2023: Revenue of $172K, expenses of $193K, and assets of $297K (revenue -9.0% year-over-year).
- 2022: Revenue of $189K, expenses of $131K, and assets of $297K (revenue +43.7% year-over-year).
- 2021: Revenue of $132K, expenses of $99K, and assets of $286K (revenue -17.7% year-over-year).
- 2020: Revenue of $160K, expenses of $169K, and assets of $232K (revenue -26.1% year-over-year).
- 2019: Revenue of $216K, expenses of $202K, and assets of $217K (revenue +14.7% year-over-year).
- 2018: Revenue of $189K, expenses of $181K, and assets of $213K (revenue -12.9% year-over-year).
- 2017: Revenue of $217K, expenses of $200K, and assets of $210K (revenue +11.8% year-over-year).
- 2016: Revenue of $194K, expenses of $193K, and assets of $209K (revenue -7.3% year-over-year).
- 2015: Revenue of $209K, expenses of $185K, and assets of $201K (revenue +14.8% year-over-year).
- 2014: Revenue of $182K, expenses of $180K, and assets of $175K (revenue -26.7% year-over-year).
- 2013: Revenue of $248K, expenses of $239K, and assets of $161K (revenue -21.5% year-over-year).
- 2012: Revenue of $316K, expenses of $292K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lawrence Childrens Choir Inc:
Data Sources and Methodology
This transparency report for Lawrence Childrens Choir 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.