Lazy River Vaulters
EIN: 562614220 · Corrales, NM · NTEE: N69
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Net Assets | $765 |
Is Lazy River Vaulters Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lazy River Vaulters
Lazy River Vaulters (EIN: 562614220) is a nonprofit organization based in Corrales, NM, classified under NTEE code N69. 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 Lazy River Vaulters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lazy River Vaulters is a micro nonprofit that has been operating for 12 years.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $6K |
| Surplus / Deficit | $-300 |
| Total Assets | $765 |
| Net Assets | $765 |
| Operating Margin | -5.2% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2013, Lazy River Vaulters reported a deficit of $300 with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lazy River Vaulters 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 Lazy River Vaulters 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $300, with expenses exceeding revenue.
Frequently Asked Questions about Lazy River Vaulters
Is Lazy River Vaulters a legitimate charity?
Lazy River Vaulters (EIN: 562614220) is a registered tax-exempt nonprofit based in New Mexico. No red flags identified. Financial health grade: C.
How does Lazy River Vaulters spend its money?
Lazy River Vaulters reported its financials in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lazy River Vaulters tax-deductible?
Lazy River Vaulters is registered as a tax-exempt nonprofit (EIN: 562614220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lazy River Vaulters located?
Lazy River Vaulters is headquartered in Corrales, New Mexico and files with the IRS under EIN 562614220. It is classified under NTEE code N69.
Filing History
IRS 990 filing history for Lazy River Vaulters showing financial trends over 1 year of public records:
In its most recent filing year (2013), Lazy River Vaulters reported a deficit of $300, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $6K | $6K | $765 | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lazy River Vaulters:
Data Sources and Methodology
This transparency report for Lazy River Vaulters 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.