Lotos Club Inc
Lotos Club Inc. maintains stable finances with growing assets and no reported officer compensation.
EIN: 130984890 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.2M |
| Total Expenses | $8.2M |
| Program Spending | 70% |
| Net Assets | $11.0M |
| Transparency Score | 75/100 |
Is Lotos Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lotos Club Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Lotos Club Inc
Lotos Club Inc (EIN: 130984890) is a nonprofit organization based in New York, NY. The organization reported total revenue of $14.2M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lotos Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lotos Club Inc is a large nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $8.2M |
| Surplus / Deficit | +$337K |
| Total Assets | $15.2M |
| Total Liabilities | $4.2M |
| Net Assets | $11.0M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 27.4% |
| Months of Reserves | 22.1 months |
Financial Health Grade: A
In 2024, Lotos Club Inc reported a surplus of $337K with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 27.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Lotos Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.7% | +7.8% | -7.9% |
| 2023 | +9.5% | +10.4% | +2.2% |
| 2022 | +82.7% | +65.4% | -6.3% |
| 2021 | -46.2% | -40.6% | +24.5% |
| 2020 | -23.0% | -14.7% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Lotos Club Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Lotos Club Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $337K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.4%.
Executive Compensation Analysis
The Lotos Club Inc. consistently reports 0% officer compensation across all available filings, indicating that its officers are either uncompensated or compensated through other means not categorized as officer compensation, which is a strong positive for financial transparency and 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 Lotos Club Inc's IRS 990 filings:
- NTEE Code is unknown, making it difficult to assess the organization's specific charitable purpose and compare its financial metrics to similar organizations.
- Lack of detailed program spending breakdown in the provided data makes it challenging to fully evaluate spending efficiency and mission impact.
Strengths
The following positive indicators were identified for Lotos Club Inc:
- Consistent reporting of 0% officer compensation, indicating strong transparency regarding executive pay or that officers are uncompensated.
- Healthy and growing asset base, increasing from $9,998,589 in 2015 to $15,186,076 in 2024, suggesting financial stability.
- Generally well-managed expenses relative to revenue, with surpluses in many years, such as $336,978 in 2024 ($8,576,366 revenue vs. $8,239,388 expenses).
- Reduction in liabilities from a peak of $7,403,264 in 2021 to $4,157,331 in 2024, improving financial health.
Frequently Asked Questions about Lotos Club Inc
Is Lotos Club Inc a legitimate charity?
Lotos Club Inc (EIN: 130984890) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $14.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Lotos Club Inc spend its money?
Lotos Club Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Lotos Club Inc tax-deductible?
Lotos Club Inc is registered as a tax-exempt nonprofit (EIN: 130984890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lotos Club Inc's spending goes to programs?
Lotos Club Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Lotos Club Inc located?
Lotos Club Inc is headquartered in New York, New York and files with the IRS under EIN 130984890.
How many years of IRS 990 filings does Lotos Club Inc have?
Lotos Club Inc has 14 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 $14.2M in total revenue.
Is Lotos Club Inc. a good charity?
Based on the available financial data, Lotos Club Inc. appears to be a financially stable organization with a healthy asset base and no reported officer compensation. However, without knowing its NTEE code or specific program details, it's difficult to fully assess its charitable impact or 'goodness' in terms of mission fulfillment.
What is the trend in Lotos Club Inc.'s revenue and expenses?
Revenue and expenses for Lotos Club Inc. have generally increased over the past decade. Revenue grew from $7,588,131 in 2015 to $8,576,366 in 2024, with some fluctuations. Expenses followed a similar trend, from $7,510,324 in 2015 to $8,239,388 in 2024, indicating consistent operational activity.
How has Lotos Club Inc.'s asset base changed over time?
Lotos Club Inc.'s assets have shown a significant upward trend, increasing from $9,998,589 in 2015 to $15,186,076 in 2024, demonstrating long-term financial growth and stability.
What is the organization's liability situation?
Liabilities have fluctuated, reaching a high of $7,403,264 in 2021 but have since decreased to $4,157,331 in 2024, indicating an improvement in its financial leverage and a reduction in its debt burden.
Filing History
IRS 990 filing history for Lotos Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Lotos Club Inc's revenue has grown by 56.5%, moving from $5.5M to $8.6M. Total assets increased by 66% over the same period, from $9.1M to $15.2M. Total functional expenses rose by 44.5%, from $5.7M to $8.2M. In its most recent filing year (2024), Lotos Club Inc reported a surplus of $337K, with revenue exceeding expenses. The organization holds $4.2M in liabilities against $15.2M in assets (debt-to-asset ratio: 27.4%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.6M | $8.2M | $15.2M | $4.2M | — | View 990 |
| 2023 | $7.2M | $7.6M | $16.5M | $7.1M | — | View 990 |
| 2022 | $6.5M | $6.9M | $16.1M | $6.9M | — | View 990 |
| 2021 | $3.6M | $4.2M | $17.2M | $7.4M | — | View 990 |
| 2020 | $6.7M | $7.0M | $13.8M | $5.5M | — | View 990 |
| 2019 | $8.6M | $8.3M | $12.4M | $3.1M | — | View 990 |
| 2018 | $8.9M | $8.4M | $11.9M | $2.7M | — | View 990 |
| 2017 | $8.4M | $7.9M | $11.2M | $2.8M | — | View 990 |
| 2016 | $7.5M | $7.3M | $10.0M | $2.7M | — | View 990 |
| 2015 | $7.6M | $7.5M | $10.0M | $2.4M | — | View 990 |
| 2014 | $7.2M | $7.1M | $9.8M | $2.1M | — | View 990 |
| 2013 | $6.7M | $6.9M | $9.1M | $1.1M | — | View 990 |
| 2012 | $6.1M | $6.5M | $8.7M | $1.6M | — | View 990 |
| 2011 | $5.5M | $5.7M | $9.1M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.6M, expenses of $8.2M, and assets of $15.2M (revenue +19.7% year-over-year).
- 2023: Revenue of $7.2M, expenses of $7.6M, and assets of $16.5M (revenue +9.5% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.9M, and assets of $16.1M (revenue +82.7% year-over-year).
- 2021: Revenue of $3.6M, expenses of $4.2M, and assets of $17.2M (revenue -46.2% year-over-year).
- 2020: Revenue of $6.7M, expenses of $7.0M, and assets of $13.8M (revenue -23.0% year-over-year).
- 2019: Revenue of $8.6M, expenses of $8.3M, and assets of $12.4M (revenue -2.5% year-over-year).
- 2018: Revenue of $8.9M, expenses of $8.4M, and assets of $11.9M (revenue +5.1% year-over-year).
- 2017: Revenue of $8.4M, expenses of $7.9M, and assets of $11.2M (revenue +12.3% year-over-year).
- 2016: Revenue of $7.5M, expenses of $7.3M, and assets of $10.0M (revenue -1.1% year-over-year).
- 2015: Revenue of $7.6M, expenses of $7.5M, and assets of $10.0M (revenue +5.4% year-over-year).
- 2014: Revenue of $7.2M, expenses of $7.1M, and assets of $9.8M (revenue +8.1% year-over-year).
- 2013: Revenue of $6.7M, expenses of $6.9M, and assets of $9.1M (revenue +9.0% year-over-year).
- 2012: Revenue of $6.1M, expenses of $6.5M, and assets of $8.7M (revenue +11.5% year-over-year).
- 2011: Revenue of $5.5M, expenses of $5.7M, and assets of $9.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lotos Club Inc:
Data Sources and Methodology
This transparency report for Lotos Club 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.