Lovejoy Leopards Inc

Lovejoy Leopards Inc consistently operates with a surplus and no reported liabilities, driven by volunteer leadership.

EIN: 205361354 · Allen, TX · NTEE: N60 · Updated: 2026-03-28

$858KRevenue

$457KAssets

95/100Mission Score (Excellent)

N60

About Lovejoy Leopards Inc

Lovejoy Leopards Inc (EIN: 205361354) is a nonprofit organization based in Allen, TX, classified under NTEE code N60. The organization reported total revenue of $858K and total assets of $457K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lovejoy Leopards Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lovejoy Leopards Inc demonstrates consistent financial health with a positive net income in most recent years. In 2022, the organization reported revenue of $916,120 against expenses of $889,307, indicating a surplus. The organization's assets have shown growth, increasing from $216,806 in 2013 to $366,729 in 2022, with no reported liabilities across all filings, which is a strong indicator of financial stability and low risk. The absence of officer compensation reported in all available filings suggests a volunteer-driven leadership, enhancing donor confidence in funds being directed towards the mission rather than administrative salaries. This commitment to minimizing overhead, combined with consistent revenue generation, points to a well-managed and financially sound nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lovejoy Leopards Inc with a Mission Score of 95 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Lovejoy Leopards Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No officer compensation has been reported in any of the 12 available IRS 990 filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with annual revenues approaching $1 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 Lovejoy Leopards Inc:

Consistent positive net income in most recent years (e.g., $916,120 revenue vs. $889,307 expenses in 2022).
Zero reported liabilities across all 12 IRS 990 filings.
No officer compensation reported, indicating volunteer leadership and efficient use of funds.
Significant growth in revenue over the past decade, from $392,058 in 2013 to $916,120 in 2022.
Healthy asset growth from $216,806 in 2013 to $366,729 in 2022.

Frequently Asked Questions about Lovejoy Leopards Inc

Is Lovejoy Leopards Inc a good charity?

Based on the provided financial data, Lovejoy Leopards Inc appears to be a very good charity. They consistently operate with a surplus, have no reported liabilities, and demonstrate a strong commitment to their mission by not paying officer compensation, ensuring funds are maximized for programmatic use.

How has Lovejoy Leopards Inc's revenue trended over the past decade?

Lovejoy Leopards Inc has shown a strong upward trend in revenue, growing from $392,058 in 2013 to $916,120 in 2022, indicating increasing support and operational scale.

What is the organization's financial stability given its assets and liabilities?

The organization exhibits excellent financial stability, with assets growing to $366,729 in 2022 and consistently reporting $0 in liabilities across all 12 filings, suggesting a very healthy balance sheet.

Filing History

IRS 990 filing history for Lovejoy Leopards Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Lovejoy Leopards Inc's revenue has grown by 220.7%, moving from $286K to $916K. Total assets increased by 88.7% over the same period, from $194K to $367K. Total functional expenses rose by 227.7%, from $271K to $889K. In its most recent filing year (2022), Lovejoy Leopards Inc reported a surplus of $27K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$916K	$889K	$367K	$0	—	View 990
2021	$559K	$558K	$340K	$0	—	View 990
2020	$570K	$485K	$339K	$0	—	View 990
2019	$560K	$612K	$254K	$0	—	View 990
2018	$586K	$552K	$418K	$0	—	View 990
2017	$534K	$478K	$384K	$0	—	View 990
2016	$481K	$442K	$328K	$0	—	View 990
2015	$444K	$408K	$288K	$0	—	View 990
2014	$468K	$400K	$289K	$0	—	View 990
2013	$392K	$380K	$217K	$0	—	View 990
2012	$413K	$403K	$204K	$0	—	View 990
2011	$286K	$271K	$194K	$0	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $916K, expenses of $889K, and assets of $367K (revenue +63.9% year-over-year).
2021: Revenue of $559K, expenses of $558K, and assets of $340K (revenue -1.9% year-over-year).
2020: Revenue of $570K, expenses of $485K, and assets of $339K (revenue +1.8% year-over-year).
2019: Revenue of $560K, expenses of $612K, and assets of $254K (revenue -4.5% year-over-year).
2018: Revenue of $586K, expenses of $552K, and assets of $418K (revenue +9.7% year-over-year).
2017: Revenue of $534K, expenses of $478K, and assets of $384K (revenue +11.0% year-over-year).
2016: Revenue of $481K, expenses of $442K, and assets of $328K (revenue +8.3% year-over-year).
2015: Revenue of $444K, expenses of $408K, and assets of $288K (revenue -5.0% year-over-year).
2014: Revenue of $468K, expenses of $400K, and assets of $289K (revenue +19.3% year-over-year).
2013: Revenue of $392K, expenses of $380K, and assets of $217K (revenue -5.0% year-over-year).
2012: Revenue of $413K, expenses of $403K, and assets of $204K (revenue +44.5% year-over-year).
2011: Revenue of $286K, expenses of $271K, and assets of $194K.

Data Sources and Methodology

This transparency report for Lovejoy Leopards 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.