Lead222 United Ltd
EIN: 451243350 · Algonquin, IL · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $506K |
| Total Expenses | $465K |
| Net Assets | $205K |
Is Lead222 United Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lead222 United Ltd
Lead222 United Ltd (EIN: 451243350) is a nonprofit organization based in Algonquin, IL, classified under NTEE code X99. The organization reported total revenue of $506K and total assets of $190K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lead222 United Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lead222 United Ltd is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $476K |
| Total Expenses | $465K |
| Surplus / Deficit | +$11K |
| Total Assets | $208K |
| Total Liabilities | $4K |
| Net Assets | $205K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Lead222 United Ltd reported a surplus of $11K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lead222 United Ltd's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.1% | -15.8% | +6.4% |
| 2022 | +38.1% | +27.3% | -0.3% |
| 2021 | +1.6% | +18.5% | +23.3% |
| 2020 | -38.0% | -44.8% | +27.4% |
| 2019 | +1.5% | +7.2% | -19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lead222 United Ltd 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 Lead222 United Ltd 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Lead222 United Ltd
Is Lead222 United Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Lead222 United Ltd (EIN: 451243350) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lead222 United Ltd spend its money?
Detailed spending breakdown data is not yet available for Lead222 United Ltd. Check back for updated IRS 990 analysis.
Are donations to Lead222 United Ltd tax-deductible?
Lead222 United Ltd is registered as a tax-exempt nonprofit (EIN: 451243350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lead222 United Ltd located?
Lead222 United Ltd is headquartered in Algonquin, Illinois and files with the IRS under EIN 451243350. It is classified under NTEE code X99.
How many years of IRS 990 filings does Lead222 United Ltd have?
Lead222 United Ltd has 12 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 $506K in total revenue.
Filing History
IRS 990 filing history for Lead222 United Ltd showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lead222 United Ltd's revenue has declined by 17.1%, moving from $575K to $476K. Total assets increased by 145.9% over the same period, from $85K to $208K. Total functional expenses fell by 9.3%, from $513K to $465K. In its most recent filing year (2023), Lead222 United Ltd reported a surplus of $11K, with revenue exceeding expenses. The organization holds $4K in liabilities against $208K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $476K | $465K | $208K | $4K | — | View 990 |
| 2022 | $554K | $552K | $196K | $4K | — | View 990 |
| 2021 | $401K | $434K | $196K | $6K | — | — |
| 2020 | $395K | $366K | $159K | $10K | — | View 990 |
| 2019 | $637K | $663K | $125K | $5K | — | View 990 |
| 2018 | $628K | $618K | $154K | $9K | — | View 990 |
| 2017 | $525K | $500K | $158K | $23K | — | View 990 |
| 2016 | $586K | $536K | $113K | $3K | — | View 990 |
| 2015 | $607K | $610K | $66K | $6K | — | View 990 |
| 2014 | $631K | $615K | $62K | $87 | — | View 990 |
| 2013 | $463K | $479K | $86K | $40K | — | View 990 |
| 2012 | $575K | $513K | $85K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $476K, expenses of $465K, and assets of $208K (revenue -14.1% year-over-year).
- 2022: Revenue of $554K, expenses of $552K, and assets of $196K (revenue +38.1% year-over-year).
- 2021: Revenue of $401K, expenses of $434K, and assets of $196K (revenue +1.6% year-over-year).
- 2020: Revenue of $395K, expenses of $366K, and assets of $159K (revenue -38.0% year-over-year).
- 2019: Revenue of $637K, expenses of $663K, and assets of $125K (revenue +1.5% year-over-year).
- 2018: Revenue of $628K, expenses of $618K, and assets of $154K (revenue +19.5% year-over-year).
- 2017: Revenue of $525K, expenses of $500K, and assets of $158K (revenue -10.3% year-over-year).
- 2016: Revenue of $586K, expenses of $536K, and assets of $113K (revenue -3.6% year-over-year).
- 2015: Revenue of $607K, expenses of $610K, and assets of $66K (revenue -3.8% year-over-year).
- 2014: Revenue of $631K, expenses of $615K, and assets of $62K (revenue +36.3% year-over-year).
- 2013: Revenue of $463K, expenses of $479K, and assets of $86K (revenue -19.4% year-over-year).
- 2012: Revenue of $575K, expenses of $513K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lead222 United Ltd:
Data Sources and Methodology
This transparency report for Lead222 United Ltd 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.