Lhl Foundation Inc
Lhl Foundation Inc consistently operates with 0% officer compensation and maintains a stable asset base.
EIN: 200705295 · Oklahoma City, OK · NTEE: F99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $222K |
| Total Expenses | $15K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $221,760 |
| Net Assets | $117K |
| Transparency Score | 95/100 |
Is Lhl Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lhl Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lhl Foundation Inc
Lhl Foundation Inc (EIN: 200705295) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code F99. The organization reported total revenue of $222K and total assets of $334K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lhl Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lhl Foundation Inc is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $15K |
| Surplus / Deficit | $-2,875 |
| Total Assets | $117K |
| Net Assets | $117K |
| Operating Margin | -24.6% |
| Months of Reserves | 96.7 months |
Financial Health Grade: B
In 2023, Lhl Foundation Inc reported a deficit of $3K with expenses exceeding revenue, holds 96.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +2057.1% | -2.4% |
| 2022 | +0.6% | — | +9.9% |
| 2021 | +9.7% | -100.0% | +11.7% |
| 2020 | +6.3% | — | +8.9% |
| 2019 | +23.7% | -100.0% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Lhl Foundation Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Lhl Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or key employees receive salaries, which is highly unusual for an organization with $221,760 in latest reported revenue and $334,036 in assets.
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 Lhl Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest filing period (202312), with $14,539 in expenses against $11,664 in revenue.
Strengths
The following positive indicators were identified for Lhl Foundation Inc:
- Consistent 0% officer compensation across all 14 filings, indicating high efficiency and dedication to mission.
- No reported liabilities in any filing, demonstrating strong financial stability.
- Steady growth in assets over the past decade, from $87,248 in 2014 to $117,173 in 2023.
- Several years with $0 reported expenses (e.g., 2019, 2021), suggesting a highly volunteer-driven and efficient operational model.
Frequently Asked Questions about Lhl Foundation Inc
Is Lhl Foundation Inc a legitimate charity?
Lhl Foundation Inc (EIN: 200705295) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $222K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Lhl Foundation Inc spend its money?
Lhl Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lhl Foundation Inc tax-deductible?
Lhl Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200705295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lhl Foundation Inc CEO make?
Lhl Foundation Inc's highest-compensated officer earns $221,760 annually. The organization reported $222K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Lhl Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Lhl Foundation Inc is above average for NTEE category F99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lhl Foundation Inc located?
Lhl Foundation Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 200705295. It is classified under NTEE code F99.
How many years of IRS 990 filings does Lhl Foundation Inc have?
Lhl Foundation Inc has 14 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 $222K in total revenue.
Is Lhl Foundation Inc a good charity?
Based on the available data, Lhl Foundation Inc demonstrates strong financial health for its size, with consistent asset growth and no reported liabilities. The 0% officer compensation across all filings is a significant positive, indicating a high dedication to its mission and efficient use of funds. This suggests it is a very good charity in terms of financial management and resource allocation.
How does Lhl Foundation Inc manage its expenses?
Lhl Foundation Inc manages its expenses very efficiently, with several years reporting $0 in expenses (e.g., 2019, 2021) and generally low expense figures relative to revenue. The latest filing (202312) shows expenses of $14,539 against revenue of $11,664, indicating a period of higher spending, but overall, the trend suggests a lean operational model.
What is the trend of Lhl Foundation Inc's assets?
Lhl Foundation Inc's assets have shown a consistent upward trend, growing from $87,248 in 2014 to $117,173 in 2023, and a latest reported total of $334,036. This indicates sound financial stewardship and an ability to build reserves over time.
Filing History
IRS 990 filing history for Lhl Foundation Inc showing financial trends over 14 years of public records:
In its most recent filing year (2023), Lhl Foundation Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $15K | $117K | $0 | — | — |
| 2022 | $11K | $674 | $120K | $0 | — | View 990 |
| 2021 | $11K | $0 | $109K | $0 | — | View 990 |
| 2020 | $10K | $2K | $98K | $0 | — | View 990 |
| 2019 | $10K | $0 | $90K | $0 | — | View 990 |
| 2018 | $8K | $7K | $80K | $0 | — | View 990 |
| 2017 | $7K | $12K | $79K | $0 | — | View 990 |
| 2016 | $5K | $3K | $85K | $0 | — | View 990 |
| 2015 | $4K | $9K | $82K | $0 | — | View 990 |
| 2014 | $18K | $16K | $87K | $0 | — | View 990 |
| 2013 | $61K | $8K | $85K | $0 | — | View 990 |
| 2012 | $33K | $1K | $31K | $0 | — | View 990 |
| 2011 | $0 | $0 | $0 | $0 | — | — |
| 2010 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $15K, and assets of $117K (revenue +1.4% year-over-year).
- 2022: Revenue of $11K, expenses of $674, and assets of $120K (revenue +0.6% year-over-year).
- 2021: Revenue of $11K, expenses of $0, and assets of $109K (revenue +9.7% year-over-year).
- 2020: Revenue of $10K, expenses of $2K, and assets of $98K (revenue +6.3% year-over-year).
- 2019: Revenue of $10K, expenses of $0, and assets of $90K (revenue +23.7% year-over-year).
- 2018: Revenue of $8K, expenses of $7K, and assets of $80K (revenue +14.2% year-over-year).
- 2017: Revenue of $7K, expenses of $12K, and assets of $79K (revenue +40.5% year-over-year).
- 2016: Revenue of $5K, expenses of $3K, and assets of $85K (revenue +9.7% year-over-year).
- 2015: Revenue of $4K, expenses of $9K, and assets of $82K (revenue -75.6% year-over-year).
- 2014: Revenue of $18K, expenses of $16K, and assets of $87K (revenue -69.6% year-over-year).
- 2013: Revenue of $61K, expenses of $8K, and assets of $85K (revenue +86.2% year-over-year).
- 2012: Revenue of $33K, expenses of $1K, and assets of $31K.
- 2011: Revenue of $0, expenses of $0, and assets of $0.
- 2010: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lhl Foundation Inc:
Data Sources and Methodology
This transparency report for Lhl 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.