Lincoln Sports Foundation Inc
EIN: 450533389 · Lincoln, NE · NTEE: N30
| Metric | Value |
|---|---|
| Total Revenue | $856K |
| Total Expenses | $967K |
| Net Assets | $3.1M |
Is Lincoln Sports 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 Lincoln Sports Foundation Inc
Lincoln Sports Foundation Inc (EIN: 450533389) is a nonprofit organization based in Lincoln, NE, classified under NTEE code N30. The organization reported total revenue of $856K and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Sports Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln Sports Foundation Inc is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $856K |
| Total Expenses | $967K |
| Surplus / Deficit | $-111,012 |
| Total Assets | $6.3M |
| Total Liabilities | $3.2M |
| Net Assets | $3.1M |
| Operating Margin | -13.0% |
| Debt-to-Asset Ratio | 50.4% |
| Months of Reserves | 78.5 months |
Financial Health Grade: C
In 2023, Lincoln Sports Foundation Inc reported a deficit of $111K with expenses exceeding revenue, holds 78.5 months of operating reserves (strong position), has a debt-to-asset ratio of 50.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Lincoln Sports Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | +31.2% | -1.3% |
| 2022 | -16.9% | -5.5% | +2.8% |
| 2021 | +32.1% | +23.9% | +4.8% |
| 2020 | -73.7% | +6.6% | +5.4% |
| 2019 | +1352.1% | +6.2% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lincoln Sports 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 Lincoln Sports 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 deficit of $111K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.4%.
Frequently Asked Questions about Lincoln Sports Foundation Inc
Is Lincoln Sports Foundation Inc a legitimate charity?
Lincoln Sports Foundation Inc (EIN: 450533389) is a registered tax-exempt nonprofit based in Nebraska. It has 14 years of IRS 990 filings on record. Total revenue: $856K. No red flags identified. Financial health grade: C.
How does Lincoln Sports Foundation Inc spend its money?
Lincoln Sports Foundation Inc reported $856K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lincoln Sports Foundation Inc tax-deductible?
Lincoln Sports Foundation Inc is registered as a tax-exempt nonprofit (EIN: 450533389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lincoln Sports Foundation Inc located?
Lincoln Sports Foundation Inc is headquartered in Lincoln, Nebraska and files with the IRS under EIN 450533389. It is classified under NTEE code N30.
How many years of IRS 990 filings does Lincoln Sports Foundation Inc have?
Lincoln Sports 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 $856K in total revenue.
Filing History
IRS 990 filing history for Lincoln Sports Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Lincoln Sports Foundation Inc's revenue has declined by 80.3%, moving from $4.3M to $856K. Total assets decreased by 16.9% over the same period, from $7.6M to $6.3M. Total functional expenses fell by 33.3%, from $1.5M to $967K. In its most recent filing year (2023), Lincoln Sports Foundation Inc reported a deficit of $111K, with expenses exceeding revenue. The organization holds $3.2M in liabilities against $6.3M in assets (debt-to-asset ratio: 50.4%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $856K | $967K | $6.3M | $3.2M | — | View 990 |
| 2022 | $888K | $737K | $6.4M | $3.2M | — | — |
| 2021 | $1.1M | $780K | $6.2M | $3.1M | — | View 990 |
| 2020 | $809K | $629K | $6.0M | $3.1M | — | View 990 |
| 2019 | $3.1M | $590K | $5.6M | $3.0M | — | View 990 |
| 2018 | $212K | $556K | $5.3M | $5.1M | — | View 990 |
| 2017 | $245K | $533K | $5.5M | $5.0M | — | View 990 |
| 2016 | $369K | $648K | $5.8M | $5.0M | — | View 990 |
| 2015 | $646K | $719K | $6.0M | $5.0M | — | View 990 |
| 2014 | $908K | $838K | $6.3M | $5.2M | — | View 990 |
| 2013 | $688K | $1.0M | $6.6M | $5.6M | — | View 990 |
| 2012 | $980K | $1.3M | $6.9M | $5.5M | — | View 990 |
| 2011 | $1.5M | $1.5M | $7.2M | $5.5M | — | View 990 |
| 2010 | $4.3M | $1.5M | $7.6M | $5.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $856K, expenses of $967K, and assets of $6.3M (revenue -3.5% year-over-year).
- 2022: Revenue of $888K, expenses of $737K, and assets of $6.4M (revenue -16.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $780K, and assets of $6.2M (revenue +32.1% year-over-year).
- 2020: Revenue of $809K, expenses of $629K, and assets of $6.0M (revenue -73.7% year-over-year).
- 2019: Revenue of $3.1M, expenses of $590K, and assets of $5.6M (revenue +1352.1% year-over-year).
- 2018: Revenue of $212K, expenses of $556K, and assets of $5.3M (revenue -13.6% year-over-year).
- 2017: Revenue of $245K, expenses of $533K, and assets of $5.5M (revenue -33.6% year-over-year).
- 2016: Revenue of $369K, expenses of $648K, and assets of $5.8M (revenue -42.9% year-over-year).
- 2015: Revenue of $646K, expenses of $719K, and assets of $6.0M (revenue -28.8% year-over-year).
- 2014: Revenue of $908K, expenses of $838K, and assets of $6.3M (revenue +31.9% year-over-year).
- 2013: Revenue of $688K, expenses of $1.0M, and assets of $6.6M (revenue -29.8% year-over-year).
- 2012: Revenue of $980K, expenses of $1.3M, and assets of $6.9M (revenue -33.1% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $7.2M (revenue -66.2% year-over-year).
- 2010: Revenue of $4.3M, expenses of $1.5M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln Sports Foundation Inc:
Data Sources and Methodology
This transparency report for Lincoln Sports 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.