Lotus Legal Clinic Inc
EIN: 475156371 · Brookfield, WI · NTEE: I80
About Lotus Legal Clinic Inc
Lotus Legal Clinic Inc (EIN: 475156371) is a nonprofit organization based in Brookfield, WI, classified under NTEE code I80. The organization reported total revenue of $1.1M and total assets of $757K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lotus Legal Clinic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lotus Legal Clinic 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 Lotus Legal Clinic 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.
Filing History
IRS 990 filing history for Lotus Legal Clinic Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Lotus Legal Clinic Inc's revenue has grown by 644.9%, moving from $119K to $884K. Total assets increased by 587% over the same period, from $74K to $511K. Total functional expenses rose by 1818.6%, from $44K to $851K. In its most recent filing year (2023), Lotus Legal Clinic Inc reported a surplus of $33K, with revenue exceeding expenses. The organization holds $94K in liabilities against $511K in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $417K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $884K | $851K | $511K | $94K | — | View 990 |
| 2022 | $944K | $822K | $461K | $77K | — | View 990 |
| 2021 | $862K | $778K | $296K | $34K | — | View 990 |
| 2020 | $746K | $727K | $289K | $111K | — | — |
| 2019 | $519K | $576K | $203K | $44K | — | View 990 |
| 2018 | $522K | $296K | $226K | $3K | — | View 990 |
| 2017 | $135K | $213K | $8K | $12K | — | — |
| 2016 | $119K | $44K | $74K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $884K, expenses of $851K, and assets of $511K (revenue -6.3% year-over-year).
- 2022: Revenue of $944K, expenses of $822K, and assets of $461K (revenue +9.5% year-over-year).
- 2021: Revenue of $862K, expenses of $778K, and assets of $296K (revenue +15.6% year-over-year).
- 2020: Revenue of $746K, expenses of $727K, and assets of $289K (revenue +43.7% year-over-year).
- 2019: Revenue of $519K, expenses of $576K, and assets of $203K (revenue -0.6% year-over-year).
- 2018: Revenue of $522K, expenses of $296K, and assets of $226K (revenue +287.1% year-over-year).
- 2017: Revenue of $135K, expenses of $213K, and assets of $8K (revenue +13.6% year-over-year).
- 2016: Revenue of $119K, expenses of $44K, and assets of $74K.
Data Sources and Methodology
This transparency report for Lotus Legal Clinic 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.