Lost Lake Run Inc
Lost Lake Run Inc consistently operates near break-even with volunteer leadership and minimal assets.
EIN: 205812503 · Anchorage, AK · NTEE: G112 · Updated: 2026-03-28
Is Lost Lake Run Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lost Lake Run Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lost Lake Run Inc
Lost Lake Run Inc (EIN: 205812503) is a nonprofit organization based in Anchorage, AK, classified under NTEE code G112. The organization reported total revenue of $256K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lost Lake Run Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lost Lake Run Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Lost Lake Run Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers. This significantly enhances its financial efficiency and ensures that all revenue is directed towards its 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.
Red Flags
The following concerns were identified during AI analysis of Lost Lake Run Inc's IRS 990 filings:
- Relatively small asset base, which could limit ability to weather significant unexpected expenses without external support.
Strengths
The following positive indicators were identified for Lost Lake Run Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Revenues and expenses consistently track closely, demonstrating effective financial management and program delivery.
- Strong program focus, with most funds spent on the mission rather than accumulating large reserves.
- Excellent transparency with 13 consistent IRS 990 filings.
- Low liabilities, indicating sound financial health and minimal debt.
Frequently Asked Questions about Lost Lake Run Inc
Is Lost Lake Run Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lost Lake Run Inc (EIN: 205812503) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Lost Lake Run Inc spend its money?
Lost Lake Run Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lost Lake Run Inc tax-deductible?
Lost Lake Run Inc is registered as a tax-exempt nonprofit (EIN: 205812503). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lost Lake Run Inc a good charity?
Yes, Lost Lake Run Inc appears to be a very good charity. It consistently operates near break-even, indicating efficient use of funds, and reports 0% officer compensation, meaning it's run by volunteers. This suggests a strong commitment to its mission and excellent financial stewardship.
How does Lost Lake Run Inc manage its finances?
Lost Lake Run Inc manages its finances very conservatively, with revenues and expenses closely matched each year. For example, in 2023, revenue was $199,231 and expenses were $197,743. It maintains a small asset base, indicating that most funds are spent on current operations rather than accumulated.
What is the trend in Lost Lake Run Inc's revenue?
Lost Lake Run Inc's revenue has fluctuated over the years, ranging from a low of $69,070 in 2020 to a high of $276,479 in 2019. More recently, it has shown growth from $101,487 in 2021 to $199,231 in 2023, suggesting a recovery and stable operation post-pandemic.
Filing History
IRS 990 filing history for Lost Lake Run Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lost Lake Run Inc's revenue has grown by 90.9%, moving from $104K to $199K. Total assets increased by 96% over the same period, from $4K to $7K. Total functional expenses rose by 87.4%, from $106K to $198K. In its most recent filing year (2023), Lost Lake Run Inc reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $198K | $7K | $0 | — | — |
| 2022 | $181K | $178K | $20K | $15K | — | View 990 |
| 2021 | $101K | $127K | $18K | $15K | — | View 990 |
| 2020 | $69K | $50K | $50K | $22K | — | View 990 |
| 2019 | $276K | $278K | $10K | $1K | — | View 990 |
| 2018 | $236K | $231K | $11K | $0 | — | View 990 |
| 2017 | $256K | $252K | $7K | $0 | — | View 990 |
| 2016 | $199K | $201K | $2K | $0 | — | View 990 |
| 2015 | $189K | $191K | $5K | $0 | — | View 990 |
| 2014 | $181K | $179K | $7K | $0 | — | View 990 |
| 2013 | $120K | $117K | $4K | $0 | — | View 990 |
| 2012 | $119K | $121K | $1K | $0 | — | View 990 |
| 2011 | $104K | $106K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $198K, and assets of $7K (revenue +9.9% year-over-year).
- 2022: Revenue of $181K, expenses of $178K, and assets of $20K (revenue +78.6% year-over-year).
- 2021: Revenue of $101K, expenses of $127K, and assets of $18K (revenue +46.9% year-over-year).
- 2020: Revenue of $69K, expenses of $50K, and assets of $50K (revenue -75.0% year-over-year).
- 2019: Revenue of $276K, expenses of $278K, and assets of $10K (revenue +17.2% year-over-year).
- 2018: Revenue of $236K, expenses of $231K, and assets of $11K (revenue -7.8% year-over-year).
- 2017: Revenue of $256K, expenses of $252K, and assets of $7K (revenue +28.8% year-over-year).
- 2016: Revenue of $199K, expenses of $201K, and assets of $2K (revenue +4.8% year-over-year).
- 2015: Revenue of $189K, expenses of $191K, and assets of $5K (revenue +4.8% year-over-year).
- 2014: Revenue of $181K, expenses of $179K, and assets of $7K (revenue +50.2% year-over-year).
- 2013: Revenue of $120K, expenses of $117K, and assets of $4K (revenue +1.0% year-over-year).
- 2012: Revenue of $119K, expenses of $121K, and assets of $1K (revenue +14.1% year-over-year).
- 2011: Revenue of $104K, expenses of $106K, and assets of $4K.
Data Sources and Methodology
This transparency report for Lost Lake Run 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.