Lotus School For Excellence Inc
Lotus School For Excellence Inc. shows revenue growth but faces persistent deficits and high liabilities.
EIN: 200419295 · Aurora, CO · Updated: 2026-03-28
Is Lotus School For Excellence Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lotus School For Excellence Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lotus School For Excellence Inc
Lotus School For Excellence Inc (EIN: 200419295) is a nonprofit organization based in Aurora, CO. The organization reported total revenue of $18.5M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lotus School For Excellence Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lotus School For Excellence Inc is a large 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 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.8M |
| Total Expenses | $15.9M |
| Surplus / Deficit | $-52,911 |
| Total Assets | $6.6M |
| Total Liabilities | $19.2M |
| Net Assets | $-12,549,825 |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 289.1% |
| Months of Reserves | 5.0 months |
Financial Health Grade: C
In 2023, Lotus School For Excellence Inc reported a deficit of $53K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 289.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lotus School For Excellence Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +1.4% | -8.9% |
| 2022 | +13.9% | +17.0% | -23.1% |
| 2021 | +11.0% | +15.3% | +53.6% |
| 2020 | +18.4% | -3.2% | -7.2% |
| 2019 | +21.5% | -10.6% | -52.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Inc with a Mission Score of 65 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Lotus School For Excellence Inc 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 deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 289.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is unusual for an organization of its size with revenues exceeding $15 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.
Red Flags
The following concerns were identified during AI analysis of Lotus School For Excellence Inc's IRS 990 filings:
- Consistent operating deficits (e.g., 2023, 2022, 2019, 2018, 2017, 2016)
- Liabilities significantly exceed assets ($19.18M liabilities vs $6.63M assets in 2023)
- Unusually high liabilities relative to revenue and asset base
- 0% officer compensation for an organization with over $15M in revenue
Strengths
The following positive indicators were identified for Lotus School For Excellence Inc:
- Consistent revenue growth over the past decade (from $6.18M in 2014 to $15.83M in 2023)
- Strong indication of program focus given 0% officer compensation
- Long history of IRS 990 filings (13 filings), indicating transparency in reporting
Frequently Asked Questions about Lotus School For Excellence Inc
Is Lotus School For Excellence Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lotus School For Excellence Inc (EIN: 200419295) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Lotus School For Excellence Inc spend its money?
Lotus School For Excellence Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lotus School For Excellence Inc tax-deductible?
Lotus School For Excellence Inc is registered as a tax-exempt nonprofit (EIN: 200419295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lotus School For Excellence Inc. financially stable?
The organization's financial stability is questionable due to recurring deficits (e.g., 2023 expenses exceeded revenue by over $50,000) and a significant imbalance between assets ($6,636,029 in 2023) and liabilities ($19,185,854 in 2023).
Why are liabilities so much higher than assets?
The substantial difference between liabilities and assets (e.g., $19.18 million in liabilities vs. $6.63 million in assets in 2023) suggests significant debt or other financial obligations that far outweigh the organization's owned resources. This could be related to facility financing or other long-term commitments.
How does the 0% officer compensation impact the organization?
While 0% officer compensation suggests a strong dedication to program spending, it's unusual for an organization of this scale and could indicate that key leadership roles are either unpaid, compensated through other entities, or that the reporting is incomplete. This practice could also affect leadership retention or the ability to attract top talent.
Filing History
IRS 990 filing history for Lotus School For Excellence Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lotus School For Excellence Inc's revenue has grown by 225.7%, moving from $4.9M to $15.8M. Total assets increased by 781.5% over the same period, from $753K to $6.6M. Total functional expenses rose by 267.9%, from $4.3M to $15.9M. In its most recent filing year (2023), Lotus School For Excellence Inc reported a deficit of $53K, with expenses exceeding revenue. The organization holds $19.2M in liabilities against $6.6M in assets (debt-to-asset ratio: 289.1%), resulting in net assets of $-12,549,825.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.8M | $15.9M | $6.6M | $19.2M | — | View 990 |
| 2022 | $15.3M | $15.7M | $7.3M | $18.3M | — | View 990 |
| 2021 | $13.5M | $13.4M | $9.5M | $23.4M | — | View 990 |
| 2020 | $12.1M | $11.6M | $6.2M | $22.4M | — | View 990 |
| 2019 | $10.2M | $12.0M | $6.6M | $23.4M | — | View 990 |
| 2018 | $8.4M | $13.4M | $14.1M | $29.1M | — | View 990 |
| 2017 | $8.0M | $11.8M | $13.6M | $23.1M | — | View 990 |
| 2016 | $7.6M | $7.7M | $5.0M | $10.8M | — | View 990 |
| 2015 | $6.9M | $6.4M | $3.5M | $8.8M | — | View 990 |
| 2014 | $6.2M | $6.0M | $1.9M | $469K | — | View 990 |
| 2013 | $6.0M | $5.5M | $1.6M | $349K | — | View 990 |
| 2012 | $5.3M | $5.0M | $1.0M | $261K | — | View 990 |
| 2011 | $4.9M | $4.3M | $753K | $261K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.8M, expenses of $15.9M, and assets of $6.6M (revenue +3.2% year-over-year).
- 2022: Revenue of $15.3M, expenses of $15.7M, and assets of $7.3M (revenue +13.9% year-over-year).
- 2021: Revenue of $13.5M, expenses of $13.4M, and assets of $9.5M (revenue +11.0% year-over-year).
- 2020: Revenue of $12.1M, expenses of $11.6M, and assets of $6.2M (revenue +18.4% year-over-year).
- 2019: Revenue of $10.2M, expenses of $12.0M, and assets of $6.6M (revenue +21.5% year-over-year).
- 2018: Revenue of $8.4M, expenses of $13.4M, and assets of $14.1M (revenue +4.9% year-over-year).
- 2017: Revenue of $8.0M, expenses of $11.8M, and assets of $13.6M (revenue +5.6% year-over-year).
- 2016: Revenue of $7.6M, expenses of $7.7M, and assets of $5.0M (revenue +11.1% year-over-year).
- 2015: Revenue of $6.9M, expenses of $6.4M, and assets of $3.5M (revenue +10.8% year-over-year).
- 2014: Revenue of $6.2M, expenses of $6.0M, and assets of $1.9M (revenue +2.9% year-over-year).
- 2013: Revenue of $6.0M, expenses of $5.5M, and assets of $1.6M (revenue +14.0% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.0M, and assets of $1.0M (revenue +8.5% year-over-year).
- 2011: Revenue of $4.9M, expenses of $4.3M, and assets of $753K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lotus School For Excellence Inc:
Data Sources and Methodology
This transparency report for Lotus School For Excellence 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.