Lindsay Area Development
EIN: 821539424 · Lindsay, NE · NTEE: S32
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $62K |
| Net Assets | $938K |
Is Lindsay Area Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lindsay Area Development
Lindsay Area Development (EIN: 821539424) is a nonprofit organization based in Lindsay, NE, classified under NTEE code S32. The organization reported total revenue of $4.9M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lindsay Area Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lindsay Area Development is a mid-size nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 364.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $717K |
| Total Expenses | $62K |
| Surplus / Deficit | +$655K |
| Total Assets | $1.5M |
| Total Liabilities | $606K |
| Net Assets | $938K |
| Operating Margin | 91.3% |
| Debt-to-Asset Ratio | 39.3% |
| Months of Reserves | 298.4 months |
Financial Health Grade: A
In 2023, Lindsay Area Development reported a surplus of $655K with revenue exceeding expenses, holds 298.4 months of operating reserves (strong position), has a debt-to-asset ratio of 39.3% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Lindsay Area Development's revenue has grown at a compound annual growth rate (CAGR) of 364.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +192.7% | -23.3% | +423.4% |
| 2022 | +638.0% | +7602.7% | +143.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lindsay Area Development 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 Lindsay Area Development 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 $655K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.3%.
Frequently Asked Questions about Lindsay Area Development
Is Lindsay Area Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Lindsay Area Development (EIN: 821539424) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lindsay Area Development spend its money?
Detailed spending breakdown data is not yet available for Lindsay Area Development. Check back for updated IRS 990 analysis.
Are donations to Lindsay Area Development tax-deductible?
Lindsay Area Development is registered as a tax-exempt nonprofit (EIN: 821539424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lindsay Area Development located?
Lindsay Area Development is headquartered in Lindsay, Nebraska and files with the IRS under EIN 821539424. It is classified under NTEE code S32.
How many years of IRS 990 filings does Lindsay Area Development have?
Lindsay Area Development 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 $4.9M in total revenue.
Filing History
IRS 990 filing history for Lindsay Area Development showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Lindsay Area Development's revenue has grown by 2059.8%, moving from $33K to $717K. Total assets increased by 1173.9% over the same period, from $121K to $1.5M. Total functional expenses rose by 5804.8%, from $1K to $62K. In its most recent filing year (2023), Lindsay Area Development reported a surplus of $655K, with revenue exceeding expenses. The organization holds $606K in liabilities against $1.5M in assets (debt-to-asset ratio: 39.3%), resulting in net assets of $938K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $717K | $62K | $1.5M | $606K | — | — |
| 2022 | $245K | $81K | $295K | $7K | — | View 990 |
| 2021 | $33K | $1K | $121K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $717K, expenses of $62K, and assets of $1.5M (revenue +192.7% year-over-year).
- 2022: Revenue of $245K, expenses of $81K, and assets of $295K (revenue +638.0% year-over-year).
- 2021: Revenue of $33K, expenses of $1K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lindsay Area Development:
Data Sources and Methodology
This transparency report for Lindsay Area Development 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.