Lookout Fund Inc
Lookout Fund Inc consistently maintains low expenses and zero officer compensation, building assets over time.
EIN: 136213665 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48.0M |
| Total Expenses | $12K |
| Program Spending | 85% |
| Net Assets | $647K |
| Transparency Score | 80/100 |
Is Lookout Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lookout Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lookout Fund Inc
Lookout Fund Inc (EIN: 136213665) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $48.0M and total assets of $22.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lookout Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lookout Fund Inc is a large nonprofit that has been operating for 59 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $12K |
| Surplus / Deficit | +$149K |
| Total Assets | $647K |
| Total Liabilities | $1 |
| Net Assets | $647K |
| Operating Margin | 92.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 639.4 months |
Financial Health Grade: A
In 2023, Lookout Fund Inc reported a surplus of $149K with revenue exceeding expenses, holds 639.4 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 Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | -91.3% | +30.0% |
| 2022 | +5.6% | +3.1% | +16.8% |
| 2021 | +185.6% | +3.5% | +17.9% |
| 2020 | -3.0% | +18.8% | -14.5% |
| 2019 | -63.4% | -42.1% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Fund Inc with a Mission Score of 80 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, Lookout Fund 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 $149K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization with significant assets and revenue.
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 Fund Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- NTEE code unknown, making it difficult to assess mission alignment and peer comparisons
- Zero reported officer compensation for an organization with significant assets and revenue, which can sometimes mask compensation through other means or indicate a lack of professional management structure.
Strengths
The following positive indicators were identified for Lookout Fund Inc:
- Consistently low expenses relative to revenue (e.g., 2023: $12,149 expenses vs. $161,491 revenue)
- Zero reported officer compensation, suggesting a highly lean or volunteer-driven leadership
- Minimal liabilities ($1 across all filings), indicating strong financial health and low debt risk
- Consistent asset growth over the past decade (e.g., $535,459 in 2011 to $647,389 in 2023)
- Regular and timely IRS 990 filings, demonstrating transparency
Frequently Asked Questions about Lookout Fund Inc
Is Lookout Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lookout Fund Inc (EIN: 136213665) some concerns. Mission Score: 80/100. 3 red flags identified, 5 strengths noted.
How does Lookout Fund Inc spend its money?
Lookout Fund Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lookout Fund Inc tax-deductible?
Lookout Fund Inc is registered as a tax-exempt nonprofit (EIN: 136213665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lookout Fund Inc's spending goes to programs?
Lookout Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lookout Fund Inc located?
Lookout Fund Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 136213665.
How many years of IRS 990 filings does Lookout Fund Inc have?
Lookout Fund Inc 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 $48.0M in total revenue.
Is Lookout Fund Inc a good charity?
Based on the available IRS 990 data, Lookout Fund Inc demonstrates strong financial health with low expenses relative to revenue and zero reported officer compensation. This suggests efficient use of funds and a high dedication to its mission, making it appear to be a good charity from a financial perspective. However, without program details, the direct impact cannot be fully assessed.
What is the primary purpose of Lookout Fund Inc?
The provided IRS 990 data does not specify the NTEE code or a detailed mission statement. While financial health is clear, the specific programmatic activities and purpose of Lookout Fund Inc cannot be determined from this data alone.
How has Lookout Fund Inc's financial position changed over the last decade?
Over the last decade, Lookout Fund Inc has generally maintained a positive financial position. While revenue and expenses have fluctuated year-to-year, the organization has consistently generated surpluses in most years (e.g., $161,491 revenue vs. $12,149 expenses in 2023), leading to a steady increase in assets from $535,459 in 2011 to $647,389 in 2023 (based on the provided filing history, not the 'Latest Assets' figure which seems to be an aggregate).
Are there any concerns regarding Lookout Fund Inc's liabilities?
No, the organization consistently reports liabilities of only $1 across all available filings, indicating an extremely low debt burden and strong financial solvency.
Filing History
IRS 990 filing history for Lookout Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lookout Fund Inc's revenue has grown by 100%, moving from $81K to $161K. Total assets increased by 20.9% over the same period, from $535K to $647K. Total functional expenses fell by 86.5%, from $90K to $12K. In its most recent filing year (2023), Lookout Fund Inc reported a surplus of $149K, with revenue exceeding expenses. The organization holds $1 in liabilities against $647K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $647K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $12K | $647K | $1 | — | — |
| 2022 | $212K | $140K | $498K | $1 | — | View 990 |
| 2021 | $201K | $136K | $426K | $1 | — | — |
| 2020 | $70K | $131K | $362K | $1 | — | — |
| 2019 | $72K | $111K | $423K | $1 | — | — |
| 2015 | $198K | $191K | $446K | $1 | — | View 990 |
| 2014 | $114K | $42K | $439K | $1 | — | View 990 |
| 2013 | $56K | $125K | $366K | $1 | — | View 990 |
| 2012 | $51K | $152K | $435K | $1 | — | View 990 |
| 2011 | $81K | $90K | $535K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $12K, and assets of $647K (revenue -23.8% year-over-year).
- 2022: Revenue of $212K, expenses of $140K, and assets of $498K (revenue +5.6% year-over-year).
- 2021: Revenue of $201K, expenses of $136K, and assets of $426K (revenue +185.6% year-over-year).
- 2020: Revenue of $70K, expenses of $131K, and assets of $362K (revenue -3.0% year-over-year).
- 2019: Revenue of $72K, expenses of $111K, and assets of $423K (revenue -63.4% year-over-year).
- 2015: Revenue of $198K, expenses of $191K, and assets of $446K (revenue +73.0% year-over-year).
- 2014: Revenue of $114K, expenses of $42K, and assets of $439K (revenue +103.7% year-over-year).
- 2013: Revenue of $56K, expenses of $125K, and assets of $366K (revenue +11.0% year-over-year).
- 2012: Revenue of $51K, expenses of $152K, and assets of $435K (revenue -37.3% year-over-year).
- 2011: Revenue of $81K, expenses of $90K, and assets of $535K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lookout Fund Inc:
Data Sources and Methodology
This transparency report for Lookout Fund 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.