Lowrance Maruo Charitable Fund
EIN: 454056129 · Seattle, WA · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $124K |
| Net Assets | $20K |
Is Lowrance Maruo Charitable Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lowrance Maruo Charitable Fund
Lowrance Maruo Charitable Fund (EIN: 454056129) is a nonprofit organization based in Seattle, WA, classified under NTEE code T22. The organization reported total revenue of $150K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lowrance Maruo Charitable Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lowrance Maruo Charitable Fund is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $124K |
| Surplus / Deficit | +$10K |
| Total Assets | $20K |
| Total Liabilities | $1 |
| Net Assets | $20K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Lowrance Maruo Charitable Fund reported a surplus of $10K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lowrance Maruo Charitable Fund's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.8% | -28.8% | +93.8% |
| 2022 | +28.0% | +35.1% | -56.6% |
| 2021 | -52.1% | -53.9% | -12.6% |
| 2020 | +10.8% | -16.5% | -39.0% |
| 2019 | -21.5% | +81.7% | -79.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lowrance Maruo Charitable Fund 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 Lowrance Maruo Charitable Fund 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Lowrance Maruo Charitable Fund
Is Lowrance Maruo Charitable Fund a legitimate charity?
Lowrance Maruo Charitable Fund (EIN: 454056129) is a registered tax-exempt nonprofit based in Washington. It has 10 years of IRS 990 filings on record. Total revenue: $150K. No red flags identified. Financial health grade: A.
How does Lowrance Maruo Charitable Fund spend its money?
Lowrance Maruo Charitable Fund reported $150K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lowrance Maruo Charitable Fund tax-deductible?
Lowrance Maruo Charitable Fund is registered as a tax-exempt nonprofit (EIN: 454056129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lowrance Maruo Charitable Fund located?
Lowrance Maruo Charitable Fund is headquartered in Seattle, Washington and files with the IRS under EIN 454056129. It is classified under NTEE code T22.
How many years of IRS 990 filings does Lowrance Maruo Charitable Fund have?
Lowrance Maruo Charitable Fund has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $150K in total revenue.
Filing History
IRS 990 filing history for Lowrance Maruo Charitable Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lowrance Maruo Charitable Fund's revenue has declined by 59.6%, moving from $330K to $133K. Total assets decreased by 93.9% over the same period, from $330K to $20K. In its most recent filing year (2023), Lowrance Maruo Charitable Fund reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1 in liabilities against $20K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $124K | $20K | $1 | — | View 990 |
| 2022 | $160K | $174K | $10K | $1 | — | View 990 |
| 2021 | $125K | $128K | $24K | $1 | — | — |
| 2020 | $261K | $279K | $27K | $1 | — | View 990 |
| 2019 | $236K | $333K | $45K | $1 | — | View 990 |
| 2015 | $300K | $184K | $222K | $1 | — | View 990 |
| 2014 | $220K | $287K | $106K | $1 | — | View 990 |
| 2013 | $228 | $141K | $173K | $1 | — | View 990 |
| 2012 | $301K | $317K | $315K | $1 | — | View 990 |
| 2011 | $330K | $0 | $330K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $124K, and assets of $20K (revenue -16.8% year-over-year).
- 2022: Revenue of $160K, expenses of $174K, and assets of $10K (revenue +28.0% year-over-year).
- 2021: Revenue of $125K, expenses of $128K, and assets of $24K (revenue -52.1% year-over-year).
- 2020: Revenue of $261K, expenses of $279K, and assets of $27K (revenue +10.8% year-over-year).
- 2019: Revenue of $236K, expenses of $333K, and assets of $45K (revenue -21.5% year-over-year).
- 2015: Revenue of $300K, expenses of $184K, and assets of $222K (revenue +36.4% year-over-year).
- 2014: Revenue of $220K, expenses of $287K, and assets of $106K (revenue +96416.2% year-over-year).
- 2013: Revenue of $228, expenses of $141K, and assets of $173K (revenue -99.9% year-over-year).
- 2012: Revenue of $301K, expenses of $317K, and assets of $315K (revenue -8.7% year-over-year).
- 2011: Revenue of $330K, expenses of $0, and assets of $330K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lowrance Maruo Charitable Fund:
Data Sources and Methodology
This transparency report for Lowrance Maruo Charitable Fund 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.