Lost River Educational Foundation Inc
EIN: 550715263 · Lost City, WV · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $72K |
| Net Assets | $66K |
Is Lost River Educational Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lost River Educational Foundation Inc
Lost River Educational Foundation Inc (EIN: 550715263) is a nonprofit organization based in Lost City, WV, classified under NTEE code Z99. The organization reported total revenue of $63K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lost River Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lost River Educational Foundation Inc is a micro nonprofit that has been operating for 34 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 32.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $72K |
| Surplus / Deficit | $-6,287 |
| Total Assets | $66K |
| Net Assets | $66K |
| Operating Margin | -9.6% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Lost River Educational Foundation Inc reported a deficit of $6K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Lost River Educational Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.9% | +26.7% | -8.7% |
| 2022 | +65.6% | +16.7% | +78.7% |
| 2021 | +86.9% | +53.0% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lost River Educational Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lost River Educational Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Frequently Asked Questions about Lost River Educational Foundation Inc
Is Lost River Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lost River Educational Foundation Inc (EIN: 550715263) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lost River Educational Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Lost River Educational Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Lost River Educational Foundation Inc tax-deductible?
Lost River Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 550715263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lost River Educational Foundation Inc located?
Lost River Educational Foundation Inc is headquartered in Lost City, West Virginia and files with the IRS under EIN 550715263. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Lost River Educational Foundation Inc have?
Lost River Educational Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $63K in total revenue.
Filing History
IRS 990 filing history for Lost River Educational Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Lost River Educational Foundation Inc's revenue has grown by 132.6%, moving from $28K to $66K. Total assets increased by 92.3% over the same period, from $34K to $66K. Total functional expenses rose by 126.3%, from $32K to $72K. In its most recent filing year (2023), Lost River Educational Foundation Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $72K | $66K | $0 | — | — |
| 2022 | $87K | $57K | $72K | $0 | — | — |
| 2021 | $53K | $49K | $40K | $-466 | — | — |
| 2020 | $28K | $32K | $34K | $495 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $72K, and assets of $66K (revenue -24.9% year-over-year).
- 2022: Revenue of $87K, expenses of $57K, and assets of $72K (revenue +65.6% year-over-year).
- 2021: Revenue of $53K, expenses of $49K, and assets of $40K (revenue +86.9% year-over-year).
- 2020: Revenue of $28K, expenses of $32K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lost River Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Lost River Educational 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.