Lookout Foundation Inc
Lookout Foundation Inc maintains strong asset growth and zero reported officer compensation despite fluctuating annual revenues.
EIN: 208686890 · Atlanta, GA · NTEE: T20 · Updated: 2026-03-28
Is Lookout Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lookout Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lookout Foundation Inc
Lookout Foundation Inc (EIN: 208686890) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T20. The organization reported total revenue of $3.4M and total assets of $24.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lookout Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lookout Foundation Inc is a mid-size 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 16.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $822K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-522,581 |
| Total Assets | $22.0M |
| Total Liabilities | $1 |
| Net Assets | $22.0M |
| Operating Margin | -63.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 196.2 months |
Financial Health Grade: B
In 2023, Lookout Foundation Inc reported a deficit of $523K with expenses exceeding revenue, holds 196.2 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), Lookout Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.3% | -3.6% | +19.2% |
| 2022 | +329.9% | +44.7% | +12.9% |
| 2021 | -65.5% | +8.7% | +0.8% |
| 2020 | +76.0% | +7.4% | +47.0% |
| 2019 | +273.8% | +76.2% | -5.1% |
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 Lookout Foundation Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Lookout Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $523K, 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 no officers receive salaries from the organization. This is highly unusual for an organization of this size with assets exceeding $24 million and suggests a volunteer-led executive team or that compensation is covered by other means, significantly enhancing the organization's financial efficiency.
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 Lookout Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, which could indicate reliance on unpredictable funding sources or investment gains rather than consistent operational income.
- Expenses exceeded revenue in the most recent filing (202312), resulting in a deficit for that period.
Strengths
The following positive indicators were identified for Lookout Foundation Inc:
- Exceptional asset growth, from $2,390,916 in 2011 to $24,800,061 currently, demonstrating strong financial management.
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Generally low expenses relative to revenue in most periods, contributing to asset accumulation.
- Strong financial reserves with current assets of $24,800,061, providing stability and capacity for future programs.
- Long history of IRS 990 filings (10 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Lookout Foundation Inc
Is Lookout Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lookout Foundation Inc (EIN: 208686890) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Lookout Foundation Inc spend its money?
Lookout Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lookout Foundation Inc tax-deductible?
Lookout Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208686890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lookout Foundation Inc a good charity?
Based on the available IRS 990 data, Lookout Foundation Inc appears to be a very good charity. It demonstrates strong financial health with significant asset growth, very low expenses relative to revenue in most years, and a commendable 0% officer compensation, indicating high efficiency and dedication to its mission.
How has Lookout Foundation Inc's financial health changed over time?
Lookout Foundation Inc's financial health has significantly improved over time, with assets growing from $2,390,916 in 2011 to $24,800,061 currently. While annual revenues have fluctuated, the consistent accumulation of assets and generally low expenses indicate strong long-term financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, meaning no salaries are paid to its officers. This is a highly efficient and transparent approach, ensuring that funds are directed towards programmatic activities rather than executive salaries.
Does Lookout Foundation Inc spend efficiently?
Yes, Lookout Foundation Inc appears to spend very efficiently. In most periods, expenses are significantly lower than revenue, contributing to substantial asset growth. The consistent 0% officer compensation further underscores its commitment to efficient resource allocation.
Why did expenses exceed revenue in the 202312 period?
In the 202312 period, expenses ($1,344,750) exceeded revenue ($822,169) by $522,581. This could be due to a planned strategic investment, a temporary dip in contributions, or the realization of losses on investments, which is not uncommon for organizations with significant assets.
Filing History
IRS 990 filing history for Lookout Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lookout Foundation Inc's revenue has grown by 542.5%, moving from $128K to $822K. Total assets increased by 819.4% over the same period, from $2.4M to $22.0M. Total functional expenses rose by 1012.1%, from $121K to $1.3M. In its most recent filing year (2023), Lookout Foundation Inc reported a deficit of $523K, with expenses exceeding revenue. The organization holds $1 in liabilities against $22.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $822K | $1.3M | $22.0M | $1 | — | — |
| 2022 | $6.5M | $1.4M | $18.4M | $62K | — | View 990 |
| 2021 | $1.5M | $964K | $16.3M | $58K | — | View 990 |
| 2020 | $4.4M | $887K | $16.2M | $50K | — | View 990 |
| 2019 | $2.5M | $825K | $11.0M | $1 | — | — |
| 2015 | $665K | $469K | $11.6M | $1 | — | View 990 |
| 2014 | $7.6M | $262K | $6.5M | $1 | — | View 990 |
| 2013 | $419K | $126K | $2.5M | $1 | — | View 990 |
| 2012 | $167K | $149K | $2.2M | $1 | — | View 990 |
| 2011 | $128K | $121K | $2.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $822K, expenses of $1.3M, and assets of $22.0M (revenue -87.3% year-over-year).
- 2022: Revenue of $6.5M, expenses of $1.4M, and assets of $18.4M (revenue +329.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $964K, and assets of $16.3M (revenue -65.5% year-over-year).
- 2020: Revenue of $4.4M, expenses of $887K, and assets of $16.2M (revenue +76.0% year-over-year).
- 2019: Revenue of $2.5M, expenses of $825K, and assets of $11.0M (revenue +273.8% year-over-year).
- 2015: Revenue of $665K, expenses of $469K, and assets of $11.6M (revenue -91.2% year-over-year).
- 2014: Revenue of $7.6M, expenses of $262K, and assets of $6.5M (revenue +1713.3% year-over-year).
- 2013: Revenue of $419K, expenses of $126K, and assets of $2.5M (revenue +150.5% year-over-year).
- 2012: Revenue of $167K, expenses of $149K, and assets of $2.2M (revenue +30.7% year-over-year).
- 2011: Revenue of $128K, expenses of $121K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lookout Foundation Inc:
Data Sources and Methodology
This transparency report for Lookout Foundation 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.