Lincoln Road Benevolent Corporation
EIN: 721435026 · Lafayette, LA · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $276K |
| Net Assets | $616K |
Is Lincoln Road Benevolent Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lincoln Road Benevolent Corporation
Lincoln Road Benevolent Corporation (EIN: 721435026) is a nonprofit organization based in Lafayette, LA, classified under NTEE code L21. The organization reported total revenue of $156K and total assets of $686K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Road Benevolent Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln Road Benevolent Corporation is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $276K |
| Surplus / Deficit | $-94,779 |
| Total Assets | $687K |
| Total Liabilities | $71K |
| Net Assets | $616K |
| Operating Margin | -52.4% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 29.9 months |
Financial Health Grade: B
In 2023, Lincoln Road Benevolent Corporation reported a deficit of $95K with expenses exceeding revenue, holds 29.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lincoln Road Benevolent Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +30.0% | -14.2% |
| 2022 | +8.3% | +20.7% | -2.7% |
| 2021 | +3.0% | +8.5% | -4.9% |
| 2020 | -39.3% | -13.1% | +-0.0% |
| 2019 | +63.1% | -5.9% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lincoln Road Benevolent Corporation 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 Lincoln Road Benevolent Corporation 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 deficit of $95K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about Lincoln Road Benevolent Corporation
Is Lincoln Road Benevolent Corporation a legitimate charity?
Lincoln Road Benevolent Corporation (EIN: 721435026) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $156K. No red flags identified. Financial health grade: B.
How does Lincoln Road Benevolent Corporation spend its money?
Lincoln Road Benevolent Corporation reported $156K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lincoln Road Benevolent Corporation tax-deductible?
Lincoln Road Benevolent Corporation is registered as a tax-exempt nonprofit (EIN: 721435026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lincoln Road Benevolent Corporation located?
Lincoln Road Benevolent Corporation is headquartered in Lafayette, Louisiana and files with the IRS under EIN 721435026. It is classified under NTEE code L21.
How many years of IRS 990 filings does Lincoln Road Benevolent Corporation have?
Lincoln Road Benevolent Corporation has 13 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 $156K in total revenue.
Filing History
IRS 990 filing history for Lincoln Road Benevolent Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lincoln Road Benevolent Corporation's revenue has grown by 23.8%, moving from $146K to $181K. Total assets decreased by 36% over the same period, from $1.1M to $687K. Total functional expenses rose by 91.4%, from $144K to $276K. In its most recent filing year (2023), Lincoln Road Benevolent Corporation reported a deficit of $95K, with expenses exceeding revenue. The organization holds $71K in liabilities against $687K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $616K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $276K | $687K | $71K | — | View 990 |
| 2022 | $161K | $212K | $801K | $93K | — | — |
| 2021 | $149K | $176K | $824K | $58K | — | View 990 |
| 2020 | $144K | $162K | $866K | $62K | — | — |
| 2019 | $238K | $186K | $866K | $62K | — | View 990 |
| 2018 | $146K | $198K | $895K | $152K | — | View 990 |
| 2017 | $146K | $164K | $947K | $151K | — | — |
| 2016 | $145K | $168K | $966K | $153K | — | View 990 |
| 2015 | $135K | $302K | $986K | $150K | — | View 990 |
| 2014 | $135K | $163K | $1.0M | $12K | — | View 990 |
| 2013 | $135K | $157K | $1.0M | $10K | — | View 990 |
| 2012 | $143K | $151K | $1.1M | $8K | — | View 990 |
| 2011 | $146K | $144K | $1.1M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $276K, and assets of $687K (revenue +12.2% year-over-year).
- 2022: Revenue of $161K, expenses of $212K, and assets of $801K (revenue +8.3% year-over-year).
- 2021: Revenue of $149K, expenses of $176K, and assets of $824K (revenue +3.0% year-over-year).
- 2020: Revenue of $144K, expenses of $162K, and assets of $866K (revenue -39.3% year-over-year).
- 2019: Revenue of $238K, expenses of $186K, and assets of $866K (revenue +63.1% year-over-year).
- 2018: Revenue of $146K, expenses of $198K, and assets of $895K (revenue -0.4% year-over-year).
- 2017: Revenue of $146K, expenses of $164K, and assets of $947K (revenue +1.1% year-over-year).
- 2016: Revenue of $145K, expenses of $168K, and assets of $966K (revenue +7.0% year-over-year).
- 2015: Revenue of $135K, expenses of $302K, and assets of $986K (revenue +0.2% year-over-year).
- 2014: Revenue of $135K, expenses of $163K, and assets of $1.0M (revenue +0.1% year-over-year).
- 2013: Revenue of $135K, expenses of $157K, and assets of $1.0M (revenue -5.6% year-over-year).
- 2012: Revenue of $143K, expenses of $151K, and assets of $1.1M (revenue -2.2% year-over-year).
- 2011: Revenue of $146K, expenses of $144K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln Road Benevolent Corporation:
Data Sources and Methodology
This transparency report for Lincoln Road Benevolent Corporation 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.