Lft Family Foundation
EIN: 836250663 · Sedgwick, KS · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $78K |
| Net Assets | $0 |
Is Lft Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lft Family Foundation
Lft Family Foundation (EIN: 836250663) is a nonprofit organization based in Sedgwick, KS, classified under NTEE code T22. The organization reported total revenue of $50K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lft Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lft Family Foundation is a micro nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of -12.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $78K |
| Surplus / Deficit | $-645 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2022, Lft Family Foundation reported a deficit of $645 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 4 years of filings (2019–2022), Lft Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -43.6% | -22.1% | -100.0% |
| 2021 | +118.9% | +24.2% | -18.2% |
| 2020 | -45.2% | -16.8% | -76.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lft Family Foundation 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 Lft Family Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $645, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Lft Family Foundation
Is Lft Family Foundation a legitimate charity?
Lft Family Foundation (EIN: 836250663) is a registered tax-exempt nonprofit based in Kansas. It has 4 years of IRS 990 filings on record. Total revenue: $50K. No red flags identified. Financial health grade: D.
How does Lft Family Foundation spend its money?
Lft Family Foundation reported $50K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lft Family Foundation tax-deductible?
Lft Family Foundation is registered as a tax-exempt nonprofit (EIN: 836250663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lft Family Foundation located?
Lft Family Foundation is headquartered in Sedgwick, Kansas and files with the IRS under EIN 836250663. It is classified under NTEE code T22.
How many years of IRS 990 filings does Lft Family Foundation have?
Lft Family Foundation has 4 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 $50K in total revenue.
Filing History
IRS 990 filing history for Lft Family Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Lft Family Foundation's revenue has declined by 32.4%, moving from $115K to $78K. Total assets decreased by 100% over the same period, from $24K to $1. Total functional expenses fell by 19.4%, from $97K to $78K. In its most recent filing year (2022), Lft Family Foundation reported a deficit of $645, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $78K | $78K | $1 | $1 | — | View 990 |
| 2021 | $138K | $100K | $5K | $1 | — | View 990 |
| 2020 | $63K | $81K | $6K | $1 | — | — |
| 2019 | $115K | $97K | $24K | $1 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $78K, expenses of $78K, and assets of $1 (revenue -43.6% year-over-year).
- 2021: Revenue of $138K, expenses of $100K, and assets of $5K (revenue +118.9% year-over-year).
- 2020: Revenue of $63K, expenses of $81K, and assets of $6K (revenue -45.2% year-over-year).
- 2019: Revenue of $115K, expenses of $97K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lft Family Foundation:
Data Sources and Methodology
This transparency report for Lft Family 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.