Lovin Lake County
EIN: 833336356 · Two Harbors, MN · NTEE: S99
About Lovin Lake County
Lovin Lake County (EIN: 833336356) is a nonprofit organization based in Two Harbors, MN, classified under NTEE code S99. The organization reported total revenue of $1.6M and total assets of $839K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lovin Lake County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lovin Lake County 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 Lovin Lake County 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 Lovin Lake County showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Lovin Lake County's revenue has declined by 24%, moving from $2.2M to $1.7M. Total assets decreased by 0.4% over the same period, from $1.2M to $1.2M. Total functional expenses rose by 31.1%, from $1.4M to $1.9M. In its most recent filing year (2023), Lovin Lake County reported a deficit of $161K, with expenses exceeding revenue. The organization holds $182K in liabilities against $1.2M in assets (debt-to-asset ratio: 14.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.9M | $1.2M | $182K | — | — |
| 2022 | $2.2M | $1.4M | $1.2M | $25K | — | — |
Data Sources and Methodology
This transparency report for Lovin Lake County 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.