Lemars Area Dialysis Services
Lemars Area Dialysis Services consistently generates surpluses and has no reported officer compensation.
EIN: 204980796 · Le Mars, IA · NTEE: E24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $906K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.1M |
| Transparency Score | 92/100 |
Is Lemars Area Dialysis Services Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lemars Area Dialysis Services directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lemars Area Dialysis Services
Lemars Area Dialysis Services (EIN: 204980796) is a nonprofit organization based in Le Mars, IA, classified under NTEE code E24. The organization reported total revenue of $1.4M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lemars Area Dialysis Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lemars Area Dialysis Services is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 31.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $906K |
| Surplus / Deficit | +$369K |
| Total Assets | $4.4M |
| Total Liabilities | $238K |
| Net Assets | $4.1M |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 58.0 months |
Financial Health Grade: A
In 2024, Lemars Area Dialysis Services reported a surplus of $369K with revenue exceeding expenses, holds 58.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Lemars Area Dialysis Services's revenue has grown at a compound annual growth rate (CAGR) of 31.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.5% | -21.9% | +12.6% |
| 2023 | +9.4% | +33.5% | +2.1% |
| 2022 | -21.1% | -6.2% | -7.3% |
| 2021 | +20.8% | +17.9% | +25.8% |
| 2020 | +112.8% | +12.2% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lemars Area Dialysis Services with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Lemars Area Dialysis Services allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $369K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Lemars Area Dialysis Services reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a nonprofit of its size with assets exceeding $4 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Lemars Area Dialysis Services:
- Consistent financial surpluses in most periods, such as $369,431 in 202406.
- Zero reported officer compensation across all filings, indicating high efficiency and transparency.
- Steady growth in assets, from $3,103,465 in 201506 to $4,378,311 in 202406.
- Strong program focus implied by the absence of executive compensation and consistent operational surpluses.
- Low liabilities relative to assets, with liabilities of $238,257 against assets of $4,378,311 in 202406.
Frequently Asked Questions about Lemars Area Dialysis Services
Is Lemars Area Dialysis Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Lemars Area Dialysis Services (EIN: 204980796) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Lemars Area Dialysis Services spend its money?
Lemars Area Dialysis Services directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lemars Area Dialysis Services tax-deductible?
Lemars Area Dialysis Services is registered as a tax-exempt nonprofit (EIN: 204980796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lemars Area Dialysis Services CEO make?
Lemars Area Dialysis Services's highest-compensated officer earns $4 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lemars Area Dialysis Services's spending goes to programs?
Lemars Area Dialysis Services directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lemars Area Dialysis Services compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lemars Area Dialysis Services is above average for NTEE category E24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lemars Area Dialysis Services located?
Lemars Area Dialysis Services is headquartered in Le Mars, Iowa and files with the IRS under EIN 204980796. It is classified under NTEE code E24.
How many years of IRS 990 filings does Lemars Area Dialysis Services have?
Lemars Area Dialysis Services has 13 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 $1.4M in total revenue.
Is Lemars Area Dialysis Services a good charity?
Based on the available financial data, Lemars Area Dialysis Services appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports no officer compensation, indicating strong financial health and a commitment to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with assets increasing from $3,103,465 in 201506 to $4,378,311 in 202406. Revenue has generally outpaced expenses, leading to surpluses in most years, although there were minor deficits in 202306 and 201906.
What is the trend in revenue and expenses?
Revenue has fluctuated but generally trended upwards, reaching $1,275,292 in 202406. Expenses have also increased but typically remained below revenue, resulting in positive operating margins in most periods, such as a $369,431 surplus in 202406.
Filing History
IRS 990 filing history for Lemars Area Dialysis Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lemars Area Dialysis Services's revenue has grown by 2626.6%, moving from $47K to $1.3M. Total assets increased by 162.5% over the same period, from $1.7M to $4.4M. Total functional expenses rose by 57.4%, from $576K to $906K. In its most recent filing year (2024), Lemars Area Dialysis Services reported a surplus of $369K, with revenue exceeding expenses. The organization holds $238K in liabilities against $4.4M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $906K | $4.4M | $238K | — | View 990 |
| 2023 | $1.1M | $1.2M | $3.9M | $117K | — | View 990 |
| 2022 | $1.0M | $869K | $3.8M | $118K | — | View 990 |
| 2021 | $1.3M | $926K | $4.1M | $97K | — | View 990 |
| 2020 | $1.1M | $785K | $3.3M | $79K | — | View 990 |
| 2019 | $506K | $700K | $3.1M | $41K | — | View 990 |
| 2018 | $648K | $730K | $3.4M | $91K | — | View 990 |
| 2017 | $1.2M | $776K | $3.4M | $45K | — | View 990 |
| 2016 | $612K | $799K | $3.0M | $174K | — | View 990 |
| 2015 | $1.7M | $703K | $3.1M | $39K | — | View 990 |
| 2014 | $1.6M | $844K | $2.1M | $33K | — | View 990 |
| 2013 | $1.5M | $912K | $1.6M | $287K | — | View 990 |
| 2012 | $47K | $576K | $1.7M | $888K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $906K, and assets of $4.4M (revenue +13.5% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $3.9M (revenue +9.4% year-over-year).
- 2022: Revenue of $1.0M, expenses of $869K, and assets of $3.8M (revenue -21.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $926K, and assets of $4.1M (revenue +20.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $785K, and assets of $3.3M (revenue +112.8% year-over-year).
- 2019: Revenue of $506K, expenses of $700K, and assets of $3.1M (revenue -21.9% year-over-year).
- 2018: Revenue of $648K, expenses of $730K, and assets of $3.4M (revenue -44.0% year-over-year).
- 2017: Revenue of $1.2M, expenses of $776K, and assets of $3.4M (revenue +89.1% year-over-year).
- 2016: Revenue of $612K, expenses of $799K, and assets of $3.0M (revenue -63.3% year-over-year).
- 2015: Revenue of $1.7M, expenses of $703K, and assets of $3.1M (revenue +3.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $844K, and assets of $2.1M (revenue +10.2% year-over-year).
- 2013: Revenue of $1.5M, expenses of $912K, and assets of $1.6M (revenue +3035.7% year-over-year).
- 2012: Revenue of $47K, expenses of $576K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lemars Area Dialysis Services:
Data Sources and Methodology
This transparency report for Lemars Area Dialysis Services 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.