Lochland School Inc
Lochland School Inc. consistently operates with a surplus and reports no officer compensation.
EIN: 160780944 · Geneva, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $4.6M |
| Program Spending | 85% |
| Net Assets | $4.2M |
| Transparency Score | 90/100 |
Is Lochland School Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lochland School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lochland School Inc
Lochland School Inc (EIN: 160780944) is a nonprofit organization based in Geneva, NY, classified under NTEE code P820. The organization reported total revenue of $5.5M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lochland School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lochland School Inc is a mid-size nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.6M |
| Surplus / Deficit | +$139K |
| Total Assets | $4.6M |
| Total Liabilities | $407K |
| Net Assets | $4.2M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Lochland School Inc reported a surplus of $139K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lochland School Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | -13.0% | -2.7% |
| 2022 | +27.1% | +32.6% | -4.6% |
| 2021 | +29.6% | +19.2% | +2.1% |
| 2020 | +0.5% | -9.4% | +18.2% |
| 2019 | -9.9% | +1.2% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1955 |
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 Lochland School Inc with a Mission Score of 90 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Lochland School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $139K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.8%.
Executive Compensation Analysis
Lochland School Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator of financial stewardship and a strong commitment to directing all funds towards the organization's mission.
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.
Strengths
The following positive indicators were identified for Lochland School Inc:
- Consistent positive net assets, indicating strong financial solvency (e.g., $4,637,551 assets vs. $406,978 liabilities in 2023).
- No officer compensation reported across all filings, demonstrating excellent financial stewardship and transparency.
- Consistent revenue growth over the past decade, from $3,080,895 in 2014 to $4,719,539 in 2023.
- Generally operates with a surplus, indicating effective expense management (e.g., $138,834 surplus in 2023).
- Healthy asset base consistently maintained, providing financial stability.
Frequently Asked Questions about Lochland School Inc
Is Lochland School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lochland School Inc (EIN: 160780944) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Lochland School Inc spend its money?
Lochland School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lochland School Inc tax-deductible?
Lochland School Inc is registered as a tax-exempt nonprofit (EIN: 160780944). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lochland School Inc's spending goes to programs?
Lochland School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lochland School Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lochland School Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lochland School Inc located?
Lochland School Inc is headquartered in Geneva, New York and files with the IRS under EIN 160780944. It is classified under NTEE code P820.
How many years of IRS 990 filings does Lochland School Inc have?
Lochland School Inc has 13 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 $5.5M in total revenue.
Is Lochland School Inc. financially stable?
Yes, Lochland School Inc. appears financially stable. Its assets have consistently exceeded liabilities, for example, $4,637,551 in assets vs. $406,978 in liabilities in 2023, and it has generally operated with a surplus, such as the $138,834 surplus in 2023 ($4,719,539 revenue - $4,580,705 expenses).
Does Lochland School Inc. pay its executives?
No, based on the provided IRS 990 data, Lochland School Inc. consistently reports 0% officer compensation across all available filing periods, indicating no salaries are paid to its officers.
Has Lochland School Inc.'s revenue grown over time?
Yes, Lochland School Inc. has shown significant revenue growth, increasing from $3,080,895 in 2014 to $4,719,539 in 2023, demonstrating a positive trend in financial support.
How does Lochland School Inc. manage its expenses relative to revenue?
Lochland School Inc. generally manages its expenses effectively, often operating with a surplus. For instance, in 2023, revenue was $4,719,539 and expenses were $4,580,705, resulting in a positive net income.
Filing History
IRS 990 filing history for Lochland School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lochland School Inc's revenue has grown by 72.6%, moving from $2.7M to $4.7M. Total assets increased by 36.4% over the same period, from $3.4M to $4.6M. Total functional expenses rose by 71.7%, from $2.7M to $4.6M. In its most recent filing year (2023), Lochland School Inc reported a surplus of $139K, with revenue exceeding expenses. The organization holds $407K in liabilities against $4.6M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.6M | $4.6M | $407K | — | — |
| 2022 | $5.3M | $5.3M | $4.8M | $894K | — | View 990 |
| 2021 | $4.1M | $4.0M | $5.0M | $670K | — | View 990 |
| 2020 | $3.2M | $3.3M | $4.9M | $970K | — | View 990 |
| 2019 | $3.2M | $3.7M | $4.1M | $287K | — | View 990 |
| 2018 | $3.5M | $3.6M | $4.3M | $332K | — | View 990 |
| 2017 | $3.3M | $3.3M | $5.1M | $649K | — | View 990 |
| 2016 | $3.3M | $3.0M | $4.6M | $509K | — | View 990 |
| 2015 | $3.1M | $2.8M | $4.2M | $341K | — | View 990 |
| 2014 | $3.1M | $2.6M | $4.3M | $453K | — | View 990 |
| 2013 | $2.7M | $2.5M | $3.9M | $443K | — | View 990 |
| 2012 | $2.7M | $2.6M | $3.5M | $485K | — | View 990 |
| 2011 | $2.7M | $2.7M | $3.4M | $595K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.6M, and assets of $4.6M (revenue -10.2% year-over-year).
- 2022: Revenue of $5.3M, expenses of $5.3M, and assets of $4.8M (revenue +27.1% year-over-year).
- 2021: Revenue of $4.1M, expenses of $4.0M, and assets of $5.0M (revenue +29.6% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.3M, and assets of $4.9M (revenue +0.5% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.7M, and assets of $4.1M (revenue -9.9% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.6M, and assets of $4.3M (revenue +6.5% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.3M, and assets of $5.1M (revenue -1.0% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.0M, and assets of $4.6M (revenue +7.6% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.8M, and assets of $4.2M (revenue +0.9% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.6M, and assets of $4.3M (revenue +14.1% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.5M, and assets of $3.9M (revenue +0.5% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.6M, and assets of $3.5M (revenue -1.7% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lochland School Inc:
Data Sources and Methodology
This transparency report for Lochland School 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.