Lens Foundation For Corporate Excellence
EIN: 550818070 · Portland, ME · NTEE: V99
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $26K |
Is Lens Foundation For Corporate Excellence Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lens Foundation For Corporate Excellence
Lens Foundation For Corporate Excellence (EIN: 550818070) is a nonprofit organization based in Portland, ME, classified under NTEE code V99. The organization reported total revenue of $22K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lens Foundation For Corporate Excellence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lens Foundation For Corporate Excellence is a micro nonprofit that has been operating for 20 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -19.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $26K |
| Surplus / Deficit | $-16,486 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -174.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2016, Lens Foundation For Corporate Excellence reported a deficit of $16K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Lens Foundation For Corporate Excellence's revenue has declined at a compound annual growth rate (CAGR) of -19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -74.4% | -63.4% | -100.0% |
| 2015 | -49.3% | -47.6% | -65.5% |
| 2014 | +8.3% | -24.4% | -54.6% |
| 2013 | +9.6% | -30.4% | -49.4% |
| 2012 | +114.6% | +1586.7% | -46.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lens Foundation For Corporate Excellence 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 Lens Foundation For Corporate Excellence 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
Frequently Asked Questions about Lens Foundation For Corporate Excellence
Is Lens Foundation For Corporate Excellence a legitimate charity?
Lens Foundation For Corporate Excellence (EIN: 550818070) is a registered tax-exempt nonprofit based in Maine. It has 6 years of IRS 990 filings on record. Total revenue: $22K. No red flags identified. Financial health grade: C.
How does Lens Foundation For Corporate Excellence spend its money?
Lens Foundation For Corporate Excellence reported $22K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lens Foundation For Corporate Excellence tax-deductible?
Lens Foundation For Corporate Excellence is registered as a tax-exempt nonprofit (EIN: 550818070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lens Foundation For Corporate Excellence located?
Lens Foundation For Corporate Excellence is headquartered in Portland, Maine and files with the IRS under EIN 550818070. It is classified under NTEE code V99.
How many years of IRS 990 filings does Lens Foundation For Corporate Excellence have?
Lens Foundation For Corporate Excellence has 6 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 $22K in total revenue.
Filing History
IRS 990 filing history for Lens Foundation For Corporate Excellence showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Lens Foundation For Corporate Excellence's revenue has declined by 66.9%, moving from $29K to $9K. Total assets decreased by 100% over the same period, from $421K to $0. Total functional expenses rose by 70.4%, from $15K to $26K. In its most recent filing year (2016), Lens Foundation For Corporate Excellence reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $9K | $26K | $0 | $0 | — | — |
| 2015 | $37K | $71K | $18K | $0 | — | View 990 |
| 2014 | $73K | $135K | $52K | $0 | — | View 990 |
| 2013 | $67K | $179K | $114K | $0 | — | View 990 |
| 2012 | $61K | $257K | $226K | $0 | — | View 990 |
| 2011 | $29K | $15K | $421K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $9K, expenses of $26K, and assets of $0 (revenue -74.4% year-over-year).
- 2015: Revenue of $37K, expenses of $71K, and assets of $18K (revenue -49.3% year-over-year).
- 2014: Revenue of $73K, expenses of $135K, and assets of $52K (revenue +8.3% year-over-year).
- 2013: Revenue of $67K, expenses of $179K, and assets of $114K (revenue +9.6% year-over-year).
- 2012: Revenue of $61K, expenses of $257K, and assets of $226K (revenue +114.6% year-over-year).
- 2011: Revenue of $29K, expenses of $15K, and assets of $421K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lens Foundation For Corporate Excellence:
Data Sources and Methodology
This transparency report for Lens Foundation For Corporate Excellence 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.