Lel Foundation Inc
EIN: 863570484 · Indianapolis, IN · NTEE: R23
| Metric | Value |
|---|---|
| Total Revenue | $300K |
| Total Expenses | $122K |
| Net Assets | $271K |
Is Lel Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lel Foundation Inc
Lel Foundation Inc (EIN: 863570484) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code R23. The organization reported total revenue of $300K and total assets of $495K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lel Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lel Foundation Inc is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | +87.2% | -31.0% |
| 2022 | -98.9% | +781.7% | -13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lel Foundation 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 Lel Foundation 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 (2023)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Lel Foundation Inc
Is Lel Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lel Foundation Inc (EIN: 863570484) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lel Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Lel Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Lel Foundation Inc tax-deductible?
Lel Foundation Inc is registered as a tax-exempt nonprofit (EIN: 863570484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lel Foundation Inc located?
Lel Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 863570484. It is classified under NTEE code R23.
How many years of IRS 990 filings does Lel Foundation Inc have?
Lel Foundation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $300K in total revenue.
Filing History
IRS 990 filing history for Lel Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Lel Foundation Inc's revenue has declined by 100%, moving from $461K to $0. Total assets decreased by 40.2% over the same period, from $454K to $271K. Total functional expenses rose by 1550.7%, from $7K to $122K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $122K | $271K | $0 | — | — |
| 2022 | $5K | $65K | $393K | $0 | — | — |
| 2021 | $461K | $7K | $454K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $122K, and assets of $271K (revenue -100.0% year-over-year).
- 2022: Revenue of $5K, expenses of $65K, and assets of $393K (revenue -98.9% year-over-year).
- 2021: Revenue of $461K, expenses of $7K, and assets of $454K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lel Foundation Inc:
Data Sources and Methodology
This transparency report for Lel Foundation 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.