Lillian Mcaskill Remers Foundation
EIN: 873231036 · Alexandria, VA · NTEE: X12
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $24K |
| Net Assets | $12.6M |
Is Lillian Mcaskill Remers Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lillian Mcaskill Remers Foundation
Lillian Mcaskill Remers Foundation (EIN: 873231036) is a nonprofit organization based in Alexandria, VA, classified under NTEE code X12. The organization reported total revenue of $2.4M and total assets of $13.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lillian Mcaskill Remers Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lillian Mcaskill Remers Foundation is a mid-size nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 431.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.1M |
| Total Expenses | $24K |
| Surplus / Deficit | +$11.1M |
| Total Assets | $12.6M |
| Total Liabilities | $1 |
| Net Assets | $12.6M |
| Operating Margin | 99.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6402.2 months |
Financial Health Grade: A
In 2023, Lillian Mcaskill Remers Foundation reported a surplus of $11.1M with revenue exceeding expenses, holds 6402.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Lillian Mcaskill Remers Foundation's revenue has grown at a compound annual growth rate (CAGR) of 431.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +889.9% | -32.1% | +748.4% |
| 2022 | +185.1% | — | +276.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lillian Mcaskill Remers 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 Lillian Mcaskill Remers 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Lillian Mcaskill Remers Foundation
Is Lillian Mcaskill Remers Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lillian Mcaskill Remers Foundation (EIN: 873231036) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lillian Mcaskill Remers Foundation spend its money?
Detailed spending breakdown data is not yet available for Lillian Mcaskill Remers Foundation. Check back for updated IRS 990 analysis.
Are donations to Lillian Mcaskill Remers Foundation tax-deductible?
Lillian Mcaskill Remers Foundation is registered as a tax-exempt nonprofit (EIN: 873231036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lillian Mcaskill Remers Foundation located?
Lillian Mcaskill Remers Foundation is headquartered in Alexandria, Virginia and files with the IRS under EIN 873231036. It is classified under NTEE code X12.
How many years of IRS 990 filings does Lillian Mcaskill Remers Foundation have?
Lillian Mcaskill Remers Foundation has 3 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Lillian Mcaskill Remers Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Lillian Mcaskill Remers Foundation's revenue has grown by 2721.9%, moving from $394K to $11.1M. Total assets increased by 3092.2% over the same period, from $394K to $12.6M. In its most recent filing year (2023), Lillian Mcaskill Remers Foundation reported a surplus of $11.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $12.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.1M | $24K | $12.6M | $1 | — | — |
| 2022 | $1.1M | $35K | $1.5M | $1 | — | View 990 |
| 2021 | $394K | $0 | $394K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.1M, expenses of $24K, and assets of $12.6M (revenue +889.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $35K, and assets of $1.5M (revenue +185.1% year-over-year).
- 2021: Revenue of $394K, expenses of $0, and assets of $394K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lillian Mcaskill Remers Foundation:
Data Sources and Methodology
This transparency report for Lillian Mcaskill Remers 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.