London Laurel County Rescuemens Club Inc
London Laurel County Rescuemens Club Inc. faces recurring operational deficits and declining assets despite consistent revenue.
EIN: 200362524 · London, KY · NTEE: M11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $255K |
| Program Spending | 85% |
| Net Assets | $336K |
| Transparency Score | 70/100 |
Is London Laurel County Rescuemens Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
London Laurel County Rescuemens Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About London Laurel County Rescuemens Club Inc
London Laurel County Rescuemens Club Inc (EIN: 200362524) is a nonprofit organization based in London, KY, classified under NTEE code M11. The organization reported total revenue of $269K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of London Laurel County Rescuemens Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
London Laurel County Rescuemens Club Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $255K |
| Surplus / Deficit | $-32,659 |
| Total Assets | $560K |
| Total Liabilities | $224K |
| Net Assets | $336K |
| Operating Margin | -14.7% |
| Debt-to-Asset Ratio | 40.0% |
| Months of Reserves | 26.3 months |
Financial Health Grade: B
In 2023, London Laurel County Rescuemens Club Inc reported a deficit of $33K with expenses exceeding revenue, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 40.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), London Laurel County Rescuemens Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.1% | +1.0% | -11.0% |
| 2022 | -16.1% | +28.3% | -3.7% |
| 2021 | +34.5% | +7.6% | -10.7% |
| 2020 | -43.9% | -21.1% | -10.6% |
| 2019 | +8.0% | +7.7% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 London Laurel County Rescuemens Club Inc with a Mission Score of 70 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: 85%
- fundraising: 5%
According to IRS 990 filings, London Laurel County Rescuemens Club 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 deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its 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 London Laurel County Rescuemens Club Inc's IRS 990 filings:
- Recurring operational deficits (expenses exceeding revenue in multiple recent years, e.g., 202306, 202206, 202106, 202006).
- Consistent decline in total assets over the past five years (from $887,619 in 201806 to $560,485 in 202306).
Strengths
The following positive indicators were identified for London Laurel County Rescuemens Club Inc:
- 100% volunteer leadership with 0% officer compensation reported across all filings, indicating strong dedication and low administrative overhead.
- Long operational history with 13 consistent IRS 990 filings, demonstrating transparency and compliance.
- Maintains significant assets ($560,485 in 202306) despite recent declines, providing a buffer for operations.
Frequently Asked Questions about London Laurel County Rescuemens Club Inc
Is London Laurel County Rescuemens Club Inc a legitimate charity?
London Laurel County Rescuemens Club Inc (EIN: 200362524) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $269K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does London Laurel County Rescuemens Club Inc spend its money?
London Laurel County Rescuemens Club Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to London Laurel County Rescuemens Club Inc tax-deductible?
London Laurel County Rescuemens Club Inc is registered as a tax-exempt nonprofit (EIN: 200362524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of London Laurel County Rescuemens Club Inc's spending goes to programs?
London Laurel County Rescuemens Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does London Laurel County Rescuemens Club Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), London Laurel County Rescuemens Club Inc is above average for NTEE category M11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is London Laurel County Rescuemens Club Inc located?
London Laurel County Rescuemens Club Inc is headquartered in London, Kentucky and files with the IRS under EIN 200362524. It is classified under NTEE code M11.
How many years of IRS 990 filings does London Laurel County Rescuemens Club Inc have?
London Laurel County Rescuemens Club 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 $269K in total revenue.
Is London Laurel County Rescuemens Club Inc. financially sustainable given its recurring deficits?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $255,382 expenses vs. $222,723 revenue in 202306), leading to a decline in assets from $887,619 in 201806 to $560,485 in 202306. While it has reserves, this trend raises concerns about long-term financial sustainability without a change in revenue generation or expense management.
What is the primary cause of the decline in assets?
The decline in assets appears to be primarily driven by the organization's consistent operational deficits, where annual expenses have frequently outpaced annual revenues, requiring the use of existing assets to cover the shortfall.
How does the organization manage its liabilities?
Liabilities have fluctuated significantly, reaching a high of $378,211 in 201806 and $275,868 in 202206. While they decreased to $224,336 in 202306, they still represent a substantial portion of the organization's assets, indicating a need for careful liability management.
Filing History
IRS 990 filing history for London Laurel County Rescuemens Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), London Laurel County Rescuemens Club Inc's revenue has grown by 122.8%, moving from $100K to $223K. Total assets increased by 12.8% over the same period, from $497K to $560K. Total functional expenses rose by 106.9%, from $123K to $255K. In its most recent filing year (2023), London Laurel County Rescuemens Club Inc reported a deficit of $33K, with expenses exceeding revenue. The organization holds $224K in liabilities against $560K in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $336K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $255K | $560K | $224K | — | — |
| 2022 | $152K | $253K | $630K | $276K | — | View 990 |
| 2021 | $182K | $197K | $654K | $200K | — | View 990 |
| 2020 | $135K | $183K | $733K | $263K | — | View 990 |
| 2019 | $241K | $232K | $820K | $301K | — | View 990 |
| 2018 | $223K | $216K | $888K | $378K | — | View 990 |
| 2017 | $217K | $179K | $685K | $183K | — | View 990 |
| 2016 | $207K | $152K | $671K | $207K | — | View 990 |
| 2015 | $134K | $146K | $660K | $251K | — | View 990 |
| 2014 | $166K | $141K | $555K | $134K | — | View 990 |
| 2013 | $133K | $102K | $477K | $82K | — | View 990 |
| 2012 | $84K | $101K | $498K | $133K | — | View 990 |
| 2011 | $100K | $123K | $497K | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $255K, and assets of $560K (revenue +46.1% year-over-year).
- 2022: Revenue of $152K, expenses of $253K, and assets of $630K (revenue -16.1% year-over-year).
- 2021: Revenue of $182K, expenses of $197K, and assets of $654K (revenue +34.5% year-over-year).
- 2020: Revenue of $135K, expenses of $183K, and assets of $733K (revenue -43.9% year-over-year).
- 2019: Revenue of $241K, expenses of $232K, and assets of $820K (revenue +8.0% year-over-year).
- 2018: Revenue of $223K, expenses of $216K, and assets of $888K (revenue +2.7% year-over-year).
- 2017: Revenue of $217K, expenses of $179K, and assets of $685K (revenue +4.8% year-over-year).
- 2016: Revenue of $207K, expenses of $152K, and assets of $671K (revenue +54.9% year-over-year).
- 2015: Revenue of $134K, expenses of $146K, and assets of $660K (revenue -19.4% year-over-year).
- 2014: Revenue of $166K, expenses of $141K, and assets of $555K (revenue +25.2% year-over-year).
- 2013: Revenue of $133K, expenses of $102K, and assets of $477K (revenue +58.0% year-over-year).
- 2012: Revenue of $84K, expenses of $101K, and assets of $498K (revenue -16.1% year-over-year).
- 2011: Revenue of $100K, expenses of $123K, and assets of $497K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for London Laurel County Rescuemens Club Inc:
Data Sources and Methodology
This transparency report for London Laurel County Rescuemens Club 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.