Lotus School For Excellence Foundation
Lotus School For Excellence Foundation shows strong asset growth and no reported officer compensation.
EIN: 203336437 · Aurora, CO · Updated: 2026-03-28
Is Lotus School For Excellence Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lotus School For Excellence Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lotus School For Excellence Foundation
Lotus School For Excellence Foundation (EIN: 203336437) is a nonprofit organization based in Aurora, CO. The organization reported total revenue of $956K and total assets of $15.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lotus School For Excellence Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lotus School For Excellence Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $917K |
| Surplus / Deficit | +$1.7M |
| Total Assets | $16.1M |
| Total Liabilities | $8.2M |
| Net Assets | $7.9M |
| Operating Margin | 65.4% |
| Debt-to-Asset Ratio | 50.9% |
| Months of Reserves | 210.8 months |
Financial Health Grade: A
In 2023, Lotus School For Excellence Foundation reported a surplus of $1.7M with revenue exceeding expenses, holds 210.8 months of operating reserves (strong position), has a debt-to-asset ratio of 50.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lotus School For Excellence Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.8% | +10.3% | +10.0% |
| 2022 | -3.0% | -21.1% | +6.6% |
| 2021 | +50.2% | +38.8% | +5.9% |
| 2020 | -50.4% | +88.6% | +1.3% |
| 2019 | +708.2% | -32.0% | +24.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Lotus School For Excellence Foundation 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Lotus School For Excellence Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for a foundation of its size with assets exceeding $16 million.
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.
Strengths
The following positive indicators were identified for Lotus School For Excellence Foundation:
- Consistent asset growth, reaching $16,104,573 in 2023.
- No reported officer compensation across all 13 filings, indicating high efficiency.
- Revenue consistently exceeding expenses, leading to healthy surpluses.
- Strong financial position with significant reserves relative to annual expenses.
Frequently Asked Questions about Lotus School For Excellence Foundation
Is Lotus School For Excellence Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lotus School For Excellence Foundation (EIN: 203336437) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Lotus School For Excellence Foundation spend its money?
Lotus School For Excellence Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lotus School For Excellence Foundation tax-deductible?
Lotus School For Excellence Foundation is registered as a tax-exempt nonprofit (EIN: 203336437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lotus School For Excellence Foundation a good charity?
Based on the provided financial data, the foundation appears to be a financially healthy organization with strong asset growth and no reported officer compensation, suggesting efficient use of funds. However, a full assessment would require detailed program spending information.
How has the organization's revenue trended over time?
The organization's revenue has shown significant fluctuations but a general upward trend, with notable peaks of $2,785,646 in 2019 and $2,649,944 in 2023, indicating strong fundraising or grant acquisition capabilities.
What is the organization's asset growth like?
Lotus School For Excellence Foundation has demonstrated consistent and substantial asset growth, increasing from $5,450,184 in 2017 to $16,104,573 in 2023, reflecting strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Lotus School For Excellence Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lotus School For Excellence Foundation's revenue has grown by 326.9%, moving from $621K to $2.6M. Total assets increased by 162% over the same period, from $6.1M to $16.1M. Total functional expenses rose by 119%, from $419K to $917K. In its most recent filing year (2023), Lotus School For Excellence Foundation reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $8.2M in liabilities against $16.1M in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $917K | $16.1M | $8.2M | — | View 990 |
| 2022 | $2.0M | $831K | $14.6M | $8.5M | — | View 990 |
| 2021 | $2.1M | $1.1M | $13.7M | $8.7M | — | View 990 |
| 2020 | $1.4M | $759K | $13.0M | $9.0M | — | View 990 |
| 2019 | $2.8M | $402K | $12.8M | $9.4M | — | View 990 |
| 2018 | $345K | $592K | $10.3M | $9.3M | — | View 990 |
| 2017 | $385K | $347K | $5.5M | $4.2M | — | — |
| 2016 | $401K | $355K | $5.6M | $4.4M | — | — |
| 2015 | $433K | $361K | $5.7M | $4.5M | — | — |
| 2014 | $467K | $377K | $5.7M | $4.6M | — | — |
| 2013 | $600K | $329K | $6.0M | $5.0M | — | View 990 |
| 2012 | $601K | $352K | $6.1M | $5.4M | — | — |
| 2011 | $621K | $419K | $6.1M | $5.7M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $917K, and assets of $16.1M (revenue +31.8% year-over-year).
- 2022: Revenue of $2.0M, expenses of $831K, and assets of $14.6M (revenue -3.0% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.1M, and assets of $13.7M (revenue +50.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $759K, and assets of $13.0M (revenue -50.4% year-over-year).
- 2019: Revenue of $2.8M, expenses of $402K, and assets of $12.8M (revenue +708.2% year-over-year).
- 2018: Revenue of $345K, expenses of $592K, and assets of $10.3M (revenue -10.5% year-over-year).
- 2017: Revenue of $385K, expenses of $347K, and assets of $5.5M (revenue -3.9% year-over-year).
- 2016: Revenue of $401K, expenses of $355K, and assets of $5.6M (revenue -7.5% year-over-year).
- 2015: Revenue of $433K, expenses of $361K, and assets of $5.7M (revenue -7.3% year-over-year).
- 2014: Revenue of $467K, expenses of $377K, and assets of $5.7M (revenue -22.1% year-over-year).
- 2013: Revenue of $600K, expenses of $329K, and assets of $6.0M (revenue -0.1% year-over-year).
- 2012: Revenue of $601K, expenses of $352K, and assets of $6.1M (revenue -3.2% year-over-year).
- 2011: Revenue of $621K, expenses of $419K, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lotus School For Excellence Foundation:
Data Sources and Methodology
This transparency report for Lotus School For Excellence Foundation 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.