Lindbergh City Center Owners Association Inc
Lindbergh City Center Owners Association Inc. consistently operates near break-even with no reported officer compensation.
EIN: 200123184 · Atlanta, GA · NTEE: I50 · Updated: 2026-03-28
Is Lindbergh City Center Owners Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lindbergh City Center Owners Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lindbergh City Center Owners Association Inc
Lindbergh City Center Owners Association Inc (EIN: 200123184) is a nonprofit organization based in Atlanta, GA, classified under NTEE code I50. The organization reported total revenue of $2.7M and total assets of $335K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lindbergh City Center Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lindbergh City Center Owners Association Inc is a mid-size nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$12K |
| Total Assets | $335K |
| Total Liabilities | $161K |
| Net Assets | $174K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 48.1% |
| Months of Reserves | 1.5 months |
Financial Health Grade: A
In 2019, Lindbergh City Center Owners Association Inc reported a surplus of $12K with revenue exceeding expenses, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 48.1% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2019), Lindbergh City Center Owners Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +35.2% | +34.6% | +15.1% |
| 2018 | +4.4% | +7.5% | -4.1% |
| 2017 | -8.4% | -11.0% | +9.1% |
| 2016 | +5.7% | +8.4% | -25.6% |
| 2015 | +4.5% | +1.7% | +21.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2007 |
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 Lindbergh City Center Owners Association Inc with a Mission Score of 75 out of 100 (Good). 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, Lindbergh City Center Owners Association 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.1%.
Executive Compensation Analysis
No officer compensation has been reported across all nine filing periods, which is unusual for an organization with annual revenues exceeding $2 million, suggesting a volunteer board or compensation is reported under other expense categories.
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 Lindbergh City Center Owners Association Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- No reported officer compensation despite significant revenue, which could obscure management costs if paid through a third party.
Strengths
The following positive indicators were identified for Lindbergh City Center Owners Association Inc:
- Consistent IRS 990 filing history over nine periods, indicating good compliance.
- Stable financial operations with revenues consistently covering expenses.
- No reported officer compensation, potentially indicating a volunteer-led organization.
Frequently Asked Questions about Lindbergh City Center Owners Association Inc
Is Lindbergh City Center Owners Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lindbergh City Center Owners Association Inc (EIN: 200123184) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Lindbergh City Center Owners Association Inc spend its money?
Lindbergh City Center Owners Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lindbergh City Center Owners Association Inc tax-deductible?
Lindbergh City Center Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 200123184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the primary expenses for Lindbergh City Center Owners Association Inc.?
Based on the NTEE code I50 (Homeowners & Tenants Associations) and the consistent operational expenses, the primary expenses are likely related to property maintenance, common area management, utilities, insurance, and administrative costs associated with managing a city center owners' association.
Why is there no officer compensation reported?
The absence of reported officer compensation could mean that the organization is managed by a volunteer board, or that any compensation for management services is paid to a management company and reported as a general expense rather than individual officer compensation.
Is the organization financially stable?
Yes, the organization appears financially stable, consistently generating revenues that cover its expenses, with a modest surplus in most years, and maintaining stable asset and liability levels over time.
Filing History
IRS 990 filing history for Lindbergh City Center Owners Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Lindbergh City Center Owners Association Inc's revenue has grown by 39%, moving from $2.0M to $2.7M. Total assets decreased by 8.8% over the same period, from $368K to $335K. Total functional expenses rose by 32.4%, from $2.1M to $2.7M. In its most recent filing year (2019), Lindbergh City Center Owners Association Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $161K in liabilities against $335K in assets (debt-to-asset ratio: 48.1%), resulting in net assets of $174K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $2.7M | $2.7M | $335K | $161K | — | View 990 |
| 2018 | $2.0M | $2.0M | $291K | $129K | — | View 990 |
| 2017 | $1.9M | $1.9M | $304K | $142K | — | View 990 |
| 2016 | $2.1M | $2.1M | $278K | $173K | — | View 990 |
| 2015 | $2.0M | $2.0M | $374K | $219K | — | View 990 |
| 2014 | $1.9M | $1.9M | $307K | $202K | — | View 990 |
| 2013 | $1.8M | $1.7M | $296K | $187K | — | View 990 |
| 2012 | $1.9M | $1.9M | $425K | $337K | — | View 990 |
| 2011 | $2.0M | $2.1M | $368K | $282K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $2.7M, expenses of $2.7M, and assets of $335K (revenue +35.2% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $291K (revenue +4.4% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $304K (revenue -8.4% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $278K (revenue +5.7% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $374K (revenue +4.5% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $307K (revenue +8.8% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.7M, and assets of $296K (revenue -5.8% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $425K (revenue -5.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.1M, and assets of $368K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lindbergh City Center Owners Association Inc:
Data Sources and Methodology
This transparency report for Lindbergh City Center Owners Association 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.