Lingle Foundation
Lingle Foundation maintains stable assets despite recurring revenue shortfalls against expenses.
EIN: 207159856 · Jackson, MS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $14K |
| Program Spending | 80% |
| Net Assets | $164K |
| Transparency Score | 75/100 |
Is Lingle Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lingle Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lingle Foundation
Lingle Foundation (EIN: 207159856) is a nonprofit organization based in Jackson, MS, classified under NTEE code T20. The organization reported total revenue of $23K and total assets of $184K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lingle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lingle Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $14K |
| Surplus / Deficit | $-2,638 |
| Total Assets | $164K |
| Total Liabilities | $1 |
| Net Assets | $164K |
| Operating Margin | -23.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 141.7 months |
Financial Health Grade: B
In 2023, Lingle Foundation reported a deficit of $3K with expenses exceeding revenue, holds 141.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lingle Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +904.6% | +5.2% | +3.7% |
| 2022 | -95.4% | -16.0% | -30.6% |
| 2021 | +106.2% | +15.5% | +7.9% |
| 2020 | -0.6% | -11.2% | +21.7% |
| 2019 | +23.9% | +49.6% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Lingle Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lingle Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through non-reportable means, which is highly efficient for an organization of this size.
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 Lingle Foundation's IRS 990 filings:
- Recurring expenses exceeding revenue in multiple periods (e.g., 2023, 2022, 2019, 2015, 2014, 2013, 2012, 2011), potentially drawing down assets.
- Lack of detailed program spending breakdown in the provided summary, making it difficult to assess direct impact.
Strengths
The following positive indicators were identified for Lingle Foundation:
- Consistent IRS 990 filing history, indicating good transparency.
- 0% officer compensation reported across all filings, demonstrating highly efficient leadership costs.
- Very low liabilities ($1 reported consistently), indicating strong financial solvency and minimal debt.
- Stable asset base (ranging from $140,483 to $227,943) relative to its operational size, providing a financial cushion.
Frequently Asked Questions about Lingle Foundation
Is Lingle Foundation a legitimate charity?
Lingle Foundation (EIN: 207159856) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $23K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Lingle Foundation spend its money?
Lingle Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lingle Foundation tax-deductible?
Lingle Foundation is registered as a tax-exempt nonprofit (EIN: 207159856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lingle Foundation's spending goes to programs?
Lingle Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lingle Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Lingle Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lingle Foundation located?
Lingle Foundation is headquartered in Jackson, Mississippi and files with the IRS under EIN 207159856. It is classified under NTEE code T20.
How many years of IRS 990 filings does Lingle Foundation have?
Lingle Foundation has 10 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 $23K in total revenue.
How does the Lingle Foundation cover its expenses when revenue is consistently lower?
The Lingle Foundation appears to cover its expenses by drawing from its asset base, as seen in periods like 2023 where expenses ($13,910) exceeded revenue ($11,272), and its assets decreased from $164,197 to $158,263 between 2023 and 2022.
What are the specific programs or grants the Lingle Foundation supports?
The provided IRS 990 data does not detail specific programs or grants. As a T20 NTEE code organization (Philanthropy, Voluntarism, and Grantmaking Foundations), it likely provides grants to other organizations.
Is the Lingle Foundation's asset base growing or shrinking?
The asset base has fluctuated, showing a general trend of stability but with some periods of decline, such as from $227,943 in 2021 to $164,197 in 2023, indicating it may be utilized to cover operational shortfalls.
How does the Lingle Foundation manage to operate with 0% officer compensation?
The 0% officer compensation suggests that the foundation's leadership operates on a volunteer basis, or their compensation is structured in a way that is not reported as officer compensation on the 990 form, indicating a highly lean administrative structure.
Filing History
IRS 990 filing history for Lingle Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lingle Foundation's revenue has grown by 874.2%, moving from $1K to $11K. Total assets increased by 15.4% over the same period, from $142K to $164K. Total functional expenses fell by 20.8%, from $18K to $14K. In its most recent filing year (2023), Lingle Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $164K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $14K | $164K | $1 | — | — |
| 2022 | $1K | $13K | $158K | $1 | — | View 990 |
| 2021 | $24K | $16K | $228K | $1 | — | — |
| 2020 | $12K | $14K | $211K | $1 | — | — |
| 2019 | $12K | $15K | $174K | $1 | — | View 990 |
| 2015 | $10K | $10K | $150K | $1 | — | View 990 |
| 2014 | $13K | $14K | $167K | $1 | — | View 990 |
| 2013 | $7K | $12K | $161K | $1 | — | View 990 |
| 2012 | $2K | $16K | $140K | $1 | — | View 990 |
| 2011 | $1K | $18K | $142K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $14K, and assets of $164K (revenue +904.6% year-over-year).
- 2022: Revenue of $1K, expenses of $13K, and assets of $158K (revenue -95.4% year-over-year).
- 2021: Revenue of $24K, expenses of $16K, and assets of $228K (revenue +106.2% year-over-year).
- 2020: Revenue of $12K, expenses of $14K, and assets of $211K (revenue -0.6% year-over-year).
- 2019: Revenue of $12K, expenses of $15K, and assets of $174K (revenue +23.9% year-over-year).
- 2015: Revenue of $10K, expenses of $10K, and assets of $150K (revenue -28.3% year-over-year).
- 2014: Revenue of $13K, expenses of $14K, and assets of $167K (revenue +82.8% year-over-year).
- 2013: Revenue of $7K, expenses of $12K, and assets of $161K (revenue +310.1% year-over-year).
- 2012: Revenue of $2K, expenses of $16K, and assets of $140K (revenue +54.8% year-over-year).
- 2011: Revenue of $1K, expenses of $18K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lingle Foundation:
Data Sources and Methodology
This transparency report for Lingle 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.