Lion Rock Charitable Tr
EIN: 816370363 · Grand Rapids, MI · NTEE: X12
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $148K |
| Net Assets | $807K |
Is Lion Rock Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lion Rock Charitable Tr
Lion Rock Charitable Tr (EIN: 816370363) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code X12. The organization reported total revenue of $1.0M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lion Rock Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lion Rock Charitable Tr is a mid-size nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $148K |
| Surplus / Deficit | +$46K |
| Total Assets | $807K |
| Total Liabilities | $1 |
| Net Assets | $807K |
| Operating Margin | 23.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 65.4 months |
Financial Health Grade: A
In 2023, Lion Rock Charitable Tr reported a surplus of $46K with revenue exceeding expenses, holds 65.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Lion Rock Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +69.3% | +6.1% |
| 2022 | -64.5% | -50.7% | +12.7% |
| 2021 | +83.2% | +59.7% | +85.2% |
| 2020 | +29.4% | -21.0% | +74.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lion Rock Charitable Tr 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 Lion Rock Charitable Tr 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Lion Rock Charitable Tr
Is Lion Rock Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Lion Rock Charitable Tr (EIN: 816370363) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lion Rock Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Lion Rock Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Lion Rock Charitable Tr tax-deductible?
Lion Rock Charitable Tr is registered as a tax-exempt nonprofit (EIN: 816370363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lion Rock Charitable Tr located?
Lion Rock Charitable Tr is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 816370363. It is classified under NTEE code X12.
How many years of IRS 990 filings does Lion Rock Charitable Tr have?
Lion Rock Charitable Tr has 5 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Lion Rock Charitable Tr showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Lion Rock Charitable Tr's revenue has declined by 5.7%, moving from $206K to $194K. Total assets increased by 286.1% over the same period, from $209K to $807K. Total functional expenses rose by 5.2%, from $141K to $148K. In its most recent filing year (2023), Lion Rock Charitable Tr reported a surplus of $46K, with revenue exceeding expenses. The organization holds $1 in liabilities against $807K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $807K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $148K | $807K | $1 | — | — |
| 2022 | $173K | $87K | $761K | $1 | — | View 990 |
| 2021 | $488K | $177K | $675K | $1 | — | View 990 |
| 2020 | $266K | $111K | $364K | $1 | — | — |
| 2019 | $206K | $141K | $209K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $148K, and assets of $807K (revenue +12.0% year-over-year).
- 2022: Revenue of $173K, expenses of $87K, and assets of $761K (revenue -64.5% year-over-year).
- 2021: Revenue of $488K, expenses of $177K, and assets of $675K (revenue +83.2% year-over-year).
- 2020: Revenue of $266K, expenses of $111K, and assets of $364K (revenue +29.4% year-over-year).
- 2019: Revenue of $206K, expenses of $141K, and assets of $209K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lion Rock Charitable Tr:
Data Sources and Methodology
This transparency report for Lion Rock Charitable Tr 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.