Lex Brodies Tire Company Foundation
Lex Brodies Tire Company Foundation reports $0 revenue and assets in its latest filing, indicating inactivity.
EIN: 201558545 · Honolulu, HI · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $17K |
| Program Spending | 75% |
| Net Assets | $16K |
| Transparency Score | 40/100 |
Is Lex Brodies Tire Company Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lex Brodies Tire Company Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lex Brodies Tire Company Foundation
Lex Brodies Tire Company Foundation (EIN: 201558545) is a nonprofit organization based in Honolulu, HI, classified under NTEE code B90. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lex Brodies Tire Company Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lex Brodies Tire Company Foundation is a micro nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -47.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $17K |
| Surplus / Deficit | $-14,558 |
| Total Assets | $16K |
| Total Liabilities | $637 |
| Net Assets | $16K |
| Operating Margin | -503.7% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2014, Lex Brodies Tire Company Foundation reported a deficit of $15K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Lex Brodies Tire Company Foundation's revenue has declined at a compound annual growth rate (CAGR) of -47.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -89.2% | -7.3% | -45.8% |
| 2013 | +51.9% | -24.0% | +35.2% |
| 2012 | -11.1% | +22.6% | -24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Lex Brodies Tire Company Foundation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Lex Brodies Tire Company Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, which is excellent for a foundation of this size and indicates no diversion of funds to high salaries.
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.
Red Flags
The following concerns were identified during AI analysis of Lex Brodies Tire Company Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or closure.
- Expenses consistently exceeded revenue in most reported periods (e.g., 201406: Revenue=$2,890, Expenses=$17,448), leading to asset depletion.
Strengths
The following positive indicators were identified for Lex Brodies Tire Company Foundation:
- Consistent 0% officer compensation across all filings, demonstrating responsible executive pay practices.
- History of consistent IRS 990 filings, indicating a commitment to transparency during its active periods.
Frequently Asked Questions about Lex Brodies Tire Company Foundation
Is Lex Brodies Tire Company Foundation a legitimate charity?
Lex Brodies Tire Company Foundation (EIN: 201558545) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 40/100. It has 4 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Lex Brodies Tire Company Foundation spend its money?
Lex Brodies Tire Company Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Lex Brodies Tire Company Foundation tax-deductible?
Lex Brodies Tire Company Foundation is registered as a tax-exempt nonprofit (EIN: 201558545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lex Brodies Tire Company Foundation's spending goes to programs?
Lex Brodies Tire Company Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lex Brodies Tire Company Foundation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Lex Brodies Tire Company Foundation is near average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lex Brodies Tire Company Foundation located?
Lex Brodies Tire Company Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 201558545. It is classified under NTEE code B90.
How many years of IRS 990 filings does Lex Brodies Tire Company Foundation have?
Lex Brodies Tire Company Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Lex Brodies Tire Company Foundation still operational given its $0 revenue and assets in the latest filing?
Based on the latest IRS 990 data showing $0 revenue and $0 assets, it appears the foundation is no longer actively operating or is in the process of dissolution.
What caused the significant decline in assets from $30,367 in 2013 to $0 in the latest period?
The decline in assets is likely due to expenses consistently exceeding revenue in most periods, coupled with the absence of new revenue in the latest filing, leading to the depletion of its financial resources.
Filing History
IRS 990 filing history for Lex Brodies Tire Company Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Lex Brodies Tire Company Foundation's revenue has declined by 85.4%, moving from $20K to $3K. Total assets decreased by 44.5% over the same period, from $30K to $16K. Total functional expenses fell by 13.6%, from $20K to $17K. In its most recent filing year (2014), Lex Brodies Tire Company Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $637 in liabilities against $16K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $3K | $17K | $16K | $637 | — | View 990 |
| 2013 | $27K | $19K | $30K | $0 | — | View 990 |
| 2012 | $18K | $25K | $22K | $0 | — | View 990 |
| 2011 | $20K | $20K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $3K, expenses of $17K, and assets of $16K (revenue -89.2% year-over-year).
- 2013: Revenue of $27K, expenses of $19K, and assets of $30K (revenue +51.9% year-over-year).
- 2012: Revenue of $18K, expenses of $25K, and assets of $22K (revenue -11.1% year-over-year).
- 2011: Revenue of $20K, expenses of $20K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lex Brodies Tire Company Foundation:
Data Sources and Methodology
This transparency report for Lex Brodies Tire Company Foundation 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.