Lps Of Usa Inc
Lps Of Usa Inc shows consistent asset growth and no executive compensation amidst fluctuating revenues.
EIN: 205846705 · Brentwood, TN · NTEE: X70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $395K |
| Total Expenses | $590K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Lps Of Usa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lps Of Usa Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lps Of Usa Inc
Lps Of Usa Inc (EIN: 205846705) is a nonprofit organization based in Brentwood, TN, classified under NTEE code X70. The organization reported total revenue of $395K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lps Of Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lps Of Usa Inc 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 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $796K |
| Total Expenses | $590K |
| Surplus / Deficit | +$206K |
| Total Assets | $3.5M |
| Net Assets | $3.5M |
| Operating Margin | 25.9% |
| Months of Reserves | 70.3 months |
Financial Health Grade: A
In 2023, Lps Of Usa Inc reported a surplus of $206K with revenue exceeding expenses, holds 70.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lps Of Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +219.1% | +658.1% | +6.3% |
| 2022 | -71.0% | -88.9% | +5.9% |
| 2021 | +547.9% | +1319.6% | +5.6% |
| 2020 | -85.5% | -92.5% | +2.8% |
| 2019 | +146.4% | +88.3% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Lps Of Usa Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Lps Of Usa Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $206K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with assets over $3 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 Lps Of Usa Inc's IRS 990 filings:
- Highly fluctuating revenue streams, indicating potential instability in funding
- Broad NTEE code (X70) makes it difficult to understand specific programmatic activities without further detail
Strengths
The following positive indicators were identified for Lps Of Usa Inc:
- Consistent asset growth over the past decade, from $2,040,920 in 2014 to $3,456,953 in 2023
- Zero reported officer compensation across all filings, indicating high efficiency or volunteer leadership
- Minimal to zero liabilities reported in most recent years, suggesting strong financial management
- Expenses consistently below revenue in most years, leading to healthy surpluses and asset accumulation
Frequently Asked Questions about Lps Of Usa Inc
Is Lps Of Usa Inc a legitimate charity?
Lps Of Usa Inc (EIN: 205846705) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $395K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Lps Of Usa Inc spend its money?
Lps Of Usa Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lps Of Usa Inc tax-deductible?
Lps Of Usa Inc is registered as a tax-exempt nonprofit (EIN: 205846705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lps Of Usa Inc CEO make?
Lps Of Usa Inc's highest-compensated officer earns $3 annually. The organization reported $395K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Lps Of Usa Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lps Of Usa Inc is above average for NTEE category X70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lps Of Usa Inc located?
Lps Of Usa Inc is headquartered in Brentwood, Tennessee and files with the IRS under EIN 205846705. It is classified under NTEE code X70.
How many years of IRS 990 filings does Lps Of Usa Inc have?
Lps Of Usa Inc has 13 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 $395K in total revenue.
What is the specific mission of Lps Of Usa Inc, given its NTEE code X70 ('Other')?
The NTEE code X70 is very broad, making it difficult to ascertain the specific programmatic focus of Lps Of Usa Inc without further information from their public filings or website.
How does Lps Of Usa Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not reported under 'officer compensation' on the 990 form. This is a significant factor in its financial efficiency.
What are the primary sources of Lps Of Usa Inc's highly fluctuating revenue?
The provided data shows significant year-over-year revenue fluctuations (e.g., $132,569 in 2020 to $915,185 in 2019). Understanding the primary sources (e.g., grants, donations, program service fees) would provide insight into the organization's funding stability and strategy.
Filing History
IRS 990 filing history for Lps Of Usa Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lps Of Usa Inc's revenue has grown by 205.7%, moving from $260K to $796K. Total assets increased by 102.2% over the same period, from $1.7M to $3.5M. Total functional expenses rose by 327.7%, from $138K to $590K. In its most recent filing year (2023), Lps Of Usa Inc reported a surplus of $206K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $796K | $590K | $3.5M | $0 | — | View 990 |
| 2022 | $249K | $78K | $3.3M | $0 | — | View 990 |
| 2021 | $859K | $699K | $3.1M | $0 | — | View 990 |
| 2020 | $133K | $49K | $2.9M | $0 | — | View 990 |
| 2019 | $915K | $657K | $2.8M | $3K | — | View 990 |
| 2018 | $371K | $349K | $2.6M | $0 | — | View 990 |
| 2017 | $865K | $692K | $2.6M | $27K | — | View 990 |
| 2016 | $637K | $404K | $2.4M | $0 | — | View 990 |
| 2015 | $941K | $843K | $2.1M | $3K | — | View 990 |
| 2014 | $340K | $454K | $2.0M | $0 | — | View 990 |
| 2013 | $1.1M | $857K | $2.2M | $0 | — | View 990 |
| 2012 | $513K | $345K | $1.9M | $0 | — | View 990 |
| 2011 | $260K | $138K | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $796K, expenses of $590K, and assets of $3.5M (revenue +219.1% year-over-year).
- 2022: Revenue of $249K, expenses of $78K, and assets of $3.3M (revenue -71.0% year-over-year).
- 2021: Revenue of $859K, expenses of $699K, and assets of $3.1M (revenue +547.9% year-over-year).
- 2020: Revenue of $133K, expenses of $49K, and assets of $2.9M (revenue -85.5% year-over-year).
- 2019: Revenue of $915K, expenses of $657K, and assets of $2.8M (revenue +146.4% year-over-year).
- 2018: Revenue of $371K, expenses of $349K, and assets of $2.6M (revenue -57.1% year-over-year).
- 2017: Revenue of $865K, expenses of $692K, and assets of $2.6M (revenue +35.8% year-over-year).
- 2016: Revenue of $637K, expenses of $404K, and assets of $2.4M (revenue -32.3% year-over-year).
- 2015: Revenue of $941K, expenses of $843K, and assets of $2.1M (revenue +176.8% year-over-year).
- 2014: Revenue of $340K, expenses of $454K, and assets of $2.0M (revenue -70.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $857K, and assets of $2.2M (revenue +123.0% year-over-year).
- 2012: Revenue of $513K, expenses of $345K, and assets of $1.9M (revenue +97.1% year-over-year).
- 2011: Revenue of $260K, expenses of $138K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lps Of Usa Inc:
Data Sources and Methodology
This transparency report for Lps Of Usa 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.