Lost Rivers Economic Development Inc
Lost Rivers Economic Development Inc reports $0 revenue and assets in latest filing, indicating potential dormancy or cessation of operations.
EIN: 201155808 · Mackay, ID · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $118K |
| Program Spending | 80% |
| Net Assets | $15K |
| Transparency Score | 30/100 |
Is Lost Rivers Economic Development Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lost Rivers Economic Development Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lost Rivers Economic Development Inc
Lost Rivers Economic Development Inc (EIN: 201155808) is a nonprofit organization based in Mackay, ID, classified under NTEE code S30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lost Rivers Economic Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lost Rivers Economic Development Inc is a micro nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -15.4%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $118K |
| Surplus / Deficit | $-22,992 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -24.2% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2014, Lost Rivers Economic Development Inc reported a deficit of $23K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2012–2014), Lost Rivers Economic Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -19.2% | -14.5% | -59.7% |
| 2013 | -11.4% | +11.8% | -34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Lost Rivers Economic Development Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lost Rivers Economic Development Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation was consistently reported at 0% across all available filings, suggesting either a volunteer-led organization or that compensation was not paid to officers, which is positive for resource allocation.
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 Rivers Economic Development Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
- Consistent deficit spending in prior years (e.g., 2014 expenses of $118,008 against revenue of $95,016; 2013 expenses of $137,961 against revenue of $117,552).
Strengths
The following positive indicators were identified for Lost Rivers Economic Development Inc:
- Consistently reported 0% officer compensation, indicating efficient use of funds regarding executive pay.
Frequently Asked Questions about Lost Rivers Economic Development Inc
Is Lost Rivers Economic Development Inc a legitimate charity?
Lost Rivers Economic Development Inc (EIN: 201155808) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 30/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 1 strength noted. Financial health grade: C.
How does Lost Rivers Economic Development Inc spend its money?
Lost Rivers Economic Development Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lost Rivers Economic Development Inc tax-deductible?
Lost Rivers Economic Development Inc is registered as a tax-exempt nonprofit (EIN: 201155808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lost Rivers Economic Development Inc's spending goes to programs?
Lost Rivers Economic Development Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lost Rivers Economic Development Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Lost Rivers Economic Development Inc is below average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lost Rivers Economic Development Inc located?
Lost Rivers Economic Development Inc is headquartered in Mackay, Idaho and files with the IRS under EIN 201155808. It is classified under NTEE code S30.
How many years of IRS 990 filings does Lost Rivers Economic Development Inc have?
Lost Rivers Economic Development Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Lost Rivers Economic Development Inc still operational?
Based on the latest filing showing $0 in revenue and assets, it is highly questionable whether Lost Rivers Economic Development Inc is still actively operating.
What caused the significant decline in revenue and assets?
The provided data does not specify the reasons for the decline from revenues of over $95,000 and assets of over $15,000 in 2014 to $0 in the latest period. Further investigation into their activities or public statements would be needed.
Filing History
IRS 990 filing history for Lost Rivers Economic Development Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), Lost Rivers Economic Development Inc's revenue has declined by 28.4%, moving from $133K to $95K. Total assets decreased by 73.7% over the same period, from $59K to $15K. Total functional expenses fell by 4.4%, from $123K to $118K. In its most recent filing year (2014), Lost Rivers Economic Development Inc reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $95K | $118K | $15K | $0 | — | View 990 |
| 2013 | $118K | $138K | $38K | $0 | — | View 990 |
| 2012 | $133K | $123K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $95K, expenses of $118K, and assets of $15K (revenue -19.2% year-over-year).
- 2013: Revenue of $118K, expenses of $138K, and assets of $38K (revenue -11.4% year-over-year).
- 2012: Revenue of $133K, expenses of $123K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lost Rivers Economic Development Inc:
Data Sources and Methodology
This transparency report for Lost Rivers Economic Development 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.