Lgmd Awareness Foundation Inc
EIN: 851504937 · Twin Lakes, WI · NTEE: G01
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $45K |
| Net Assets | $93K |
Is Lgmd Awareness 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 Lgmd Awareness Foundation Inc
Lgmd Awareness Foundation Inc (EIN: 851504937) is a nonprofit organization based in Twin Lakes, WI, classified under NTEE code G01. The organization reported total revenue of $117K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lgmd Awareness Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lgmd Awareness Foundation Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 67.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $45K |
| Surplus / Deficit | +$34K |
| Total Assets | $94K |
| Total Liabilities | $874 |
| Net Assets | $93K |
| Operating Margin | 43.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 24.9 months |
Financial Health Grade: A
In 2023, Lgmd Awareness Foundation Inc reported a surplus of $34K with revenue exceeding expenses, holds 24.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Lgmd Awareness Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 67.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.7% | +11.2% | +59.6% |
| 2022 | +73.4% | +116.3% | +83.5% |
| 2021 | +128.6% | +273.6% | +167.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lgmd Awareness 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 Lgmd Awareness 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:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Lgmd Awareness Foundation Inc
Is Lgmd Awareness Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lgmd Awareness Foundation Inc (EIN: 851504937) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lgmd Awareness Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Lgmd Awareness Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Lgmd Awareness Foundation Inc tax-deductible?
Lgmd Awareness Foundation Inc is registered as a tax-exempt nonprofit (EIN: 851504937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lgmd Awareness Foundation Inc located?
Lgmd Awareness Foundation Inc is headquartered in Twin Lakes, Wisconsin and files with the IRS under EIN 851504937. It is classified under NTEE code G01.
How many years of IRS 990 filings does Lgmd Awareness Foundation Inc have?
Lgmd Awareness Foundation Inc 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 $117K in total revenue.
Filing History
IRS 990 filing history for Lgmd Awareness Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Lgmd Awareness Foundation Inc's revenue has grown by 366.9%, moving from $17K to $79K. Total assets increased by 684.2% over the same period, from $12K to $94K. Total functional expenses rose by 798.5%, from $5K to $45K. In its most recent filing year (2023), Lgmd Awareness Foundation Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $874 in liabilities against $94K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $93K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $45K | $94K | $874 | — | View 990 |
| 2022 | $67K | $41K | $59K | $0 | — | View 990 |
| 2021 | $39K | $19K | $32K | $0 | — | View 990 |
| 2020 | $17K | $5K | $12K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $45K, and assets of $94K (revenue +17.7% year-over-year).
- 2022: Revenue of $67K, expenses of $41K, and assets of $59K (revenue +73.4% year-over-year).
- 2021: Revenue of $39K, expenses of $19K, and assets of $32K (revenue +128.6% year-over-year).
- 2020: Revenue of $17K, expenses of $5K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lgmd Awareness Foundation Inc:
Data Sources and Methodology
This transparency report for Lgmd Awareness 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.