Lean Rocket Lab
EIN: 830792165 · Jackson, MI · NTEE: S30
Is Lean Rocket Lab Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lean Rocket Lab
Lean Rocket Lab (EIN: 830792165) is a nonprofit organization based in Jackson, MI, classified under NTEE code S30. The organization reported total revenue of $1.9M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lean Rocket Lab's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lean Rocket Lab 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 Lean Rocket Lab 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.
Frequently Asked Questions about Lean Rocket Lab
Is Lean Rocket Lab a legitimate charity?
Based on AI analysis of IRS 990 filings, Lean Rocket Lab (EIN: 830792165) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lean Rocket Lab spend its money?
Detailed spending breakdown data is not yet available for Lean Rocket Lab. Check back for updated IRS 990 analysis.
Are donations to Lean Rocket Lab tax-deductible?
Lean Rocket Lab is registered as a tax-exempt nonprofit (EIN: 830792165). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Lean Rocket Lab showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Lean Rocket Lab's revenue has grown by 419.7%, moving from $145K to $752K. Total assets increased by 267.3% over the same period, from $112K to $410K. Total functional expenses rose by 1457.3%, from $50K to $783K. In its most recent filing year (2023), Lean Rocket Lab reported a deficit of $30K, with expenses exceeding revenue. The organization holds $88K in liabilities against $410K in assets (debt-to-asset ratio: 21.4%), resulting in net assets of $322K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $752K | $783K | $410K | $88K | — | — |
| 2022 | $798K | $770K | $478K | $112K | — | View 990 |
| 2021 | $721K | $586K | $438K | $100K | — | View 990 |
| 2020 | $402K | $392K | $274K | $71K | — | — |
| 2019 | $409K | $309K | $211K | $18K | — | View 990 |
| 2018 | $145K | $50K | $112K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $752K, expenses of $783K, and assets of $410K (revenue -5.8% year-over-year).
- 2022: Revenue of $798K, expenses of $770K, and assets of $478K (revenue +10.6% year-over-year).
- 2021: Revenue of $721K, expenses of $586K, and assets of $438K (revenue +79.4% year-over-year).
- 2020: Revenue of $402K, expenses of $392K, and assets of $274K (revenue -1.6% year-over-year).
- 2019: Revenue of $409K, expenses of $309K, and assets of $211K (revenue +182.3% year-over-year).
- 2018: Revenue of $145K, expenses of $50K, and assets of $112K.
Data Sources and Methodology
This transparency report for Lean Rocket Lab 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.