Leased Access Preservation Association
EIN: 271892027 · Wilmington, DE · NTEE: C99
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $250K |
| Net Assets | $90K |
Is Leased Access Preservation Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leased Access Preservation Association
Leased Access Preservation Association (EIN: 271892027) is a nonprofit organization based in Wilmington, DE, classified under NTEE code C99. The organization reported total revenue of $298K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leased Access Preservation Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leased Access Preservation Association is a small nonprofit that has been operating for 15 years, with 5 years of IRS 990 filings on record (2014–2018). Revenue has grown at a compound annual rate of 34.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $250K |
| Surplus / Deficit | +$48K |
| Total Assets | $90K |
| Total Liabilities | $384 |
| Net Assets | $90K |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2018, Leased Access Preservation Association reported a surplus of $48K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 5 years of filings (2014–2018), Leased Access Preservation Association's revenue has grown at a compound annual growth rate (CAGR) of 34.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +13.7% | -4.3% | +117.0% |
| 2017 | -25.4% | -24.3% | +1.9% |
| 2016 | +21.0% | +28.7% | -16.7% |
| 2015 | +217.0% | +270.6% | +107.9% |
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 Leased Access Preservation Association 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 Leased Access Preservation Association 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Leased Access Preservation Association
Is Leased Access Preservation Association a legitimate charity?
Leased Access Preservation Association (EIN: 271892027) is a registered tax-exempt nonprofit based in Delaware. It has 5 years of IRS 990 filings on record. Total revenue: $298K. No red flags identified. Financial health grade: A.
How does Leased Access Preservation Association spend its money?
Leased Access Preservation Association reported $298K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leased Access Preservation Association tax-deductible?
Leased Access Preservation Association is registered as a tax-exempt nonprofit (EIN: 271892027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leased Access Preservation Association located?
Leased Access Preservation Association is headquartered in Wilmington, Delaware and files with the IRS under EIN 271892027. It is classified under NTEE code C99.
How many years of IRS 990 filings does Leased Access Preservation Association have?
Leased Access Preservation Association 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 $298K in total revenue.
Filing History
IRS 990 filing history for Leased Access Preservation Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2014–2018), Leased Access Preservation Association's revenue has grown by 225.5%, moving from $92K to $298K. Total assets increased by 282.8% over the same period, from $23K to $90K. Total functional expenses rose by 245.9%, from $72K to $250K. In its most recent filing year (2018), Leased Access Preservation Association reported a surplus of $48K, with revenue exceeding expenses. The organization holds $384 in liabilities against $90K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $298K | $250K | $90K | $384 | — | View 990 |
| 2017 | $262K | $261K | $41K | $104 | — | View 990 |
| 2016 | $352K | $345K | $41K | $244 | — | View 990 |
| 2015 | $290K | $268K | $49K | $205 | — | View 990 |
| 2014 | $92K | $72K | $23K | $60 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $298K, expenses of $250K, and assets of $90K (revenue +13.7% year-over-year).
- 2017: Revenue of $262K, expenses of $261K, and assets of $41K (revenue -25.4% year-over-year).
- 2016: Revenue of $352K, expenses of $345K, and assets of $41K (revenue +21.0% year-over-year).
- 2015: Revenue of $290K, expenses of $268K, and assets of $49K (revenue +217.0% year-over-year).
- 2014: Revenue of $92K, expenses of $72K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leased Access Preservation Association:
Data Sources and Methodology
This transparency report for Leased Access Preservation Association 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.