Lucky 7 11 Motorcycle Social Club
Lucky 7 11 Motorcycle Social Club shows fluctuating revenues and expenses, with recent asset growth but also increasing liabilities.
EIN: 202784774 · Huntsville, AL · NTEE: N50 · Updated: 2026-03-28
Is Lucky 7 11 Motorcycle Social Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lucky 7 11 Motorcycle Social Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Lucky 7 11 Motorcycle Social Club
Lucky 7 11 Motorcycle Social Club (EIN: 202784774) is a nonprofit organization based in Huntsville, AL, classified under NTEE code N50. The organization reported total revenue of $128K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lucky 7 11 Motorcycle Social Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lucky 7 11 Motorcycle Social Club is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $57K |
| Surplus / Deficit | +$71K |
| Total Assets | $202K |
| Total Liabilities | $80K |
| Net Assets | $122K |
| Operating Margin | 55.7% |
| Debt-to-Asset Ratio | 39.7% |
| Months of Reserves | 42.6 months |
Financial Health Grade: A
In 2021, Lucky 7 11 Motorcycle Social Club reported a surplus of $71K with revenue exceeding expenses, holds 42.6 months of operating reserves (strong position), has a debt-to-asset ratio of 39.7% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Lucky 7 11 Motorcycle Social Club's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +427.9% | -59.5% | +8.8% |
| 2020 | -85.6% | +61.6% | -12.0% |
| 2019 | -16.0% | -57.5% | -7.6% |
| 2018 | +79.4% | +271.0% | +154.9% |
| 2017 | +71.8% | -1.7% | +171.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Lucky 7 11 Motorcycle Social Club 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Lucky 7 11 Motorcycle Social Club allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's officers are not compensated, which is a strong positive for a nonprofit of its size ($128,038 latest revenue).
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 Lucky 7 11 Motorcycle Social Club's IRS 990 filings:
- Inconsistent financial performance with significant year-to-year revenue and expense fluctuations (e.g., $24,253 revenue in 2020 vs. $167,991 in 2019).
- Significant increase in liabilities from $0 in 2017 to $80,000 in 2021, without clear explanation in the summary data.
- Lack of detailed expense breakdown in the provided data makes it difficult to assess program efficiency and administrative overhead.
Strengths
The following positive indicators were identified for Lucky 7 11 Motorcycle Social Club:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership.
- Positive net assets growth from $4,736 in 2013 to $201,638 in 2021.
- Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
Frequently Asked Questions about Lucky 7 11 Motorcycle Social Club
Is Lucky 7 11 Motorcycle Social Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Lucky 7 11 Motorcycle Social Club (EIN: 202784774) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Lucky 7 11 Motorcycle Social Club spend its money?
Lucky 7 11 Motorcycle Social Club directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lucky 7 11 Motorcycle Social Club tax-deductible?
Lucky 7 11 Motorcycle Social Club is registered as a tax-exempt nonprofit (EIN: 202784774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific program services provided by Lucky 7 11 Motorcycle Social Club?
The IRS 990 data provided does not detail specific program services, only overall revenue and expenses. Further investigation into their mission statement or website would be needed.
Why did liabilities increase significantly from $0 in 2017 to $80,000 in 2021?
The provided data shows a sharp increase in liabilities, from $0 in 2017 to $142,799 in 2018, then fluctuating to $80,000 in 2021. The specific reasons for this increase are not detailed in the summary data and would require reviewing the full 990 forms.
What caused the large expense spike in 2018 ($204,336) and 2020 ($140,191) compared to other years?
The data indicates significant expense spikes in 2018 and 2020. Without detailed expense breakdowns from the full 990s, it's impossible to determine the specific causes of these fluctuations.
Filing History
IRS 990 filing history for Lucky 7 11 Motorcycle Social Club showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Lucky 7 11 Motorcycle Social Club's revenue has grown by 127.4%, moving from $56K to $128K. Total assets increased by 2031% over the same period, from $9K to $202K. Total functional expenses rose by 20.8%, from $47K to $57K. In its most recent filing year (2021), Lucky 7 11 Motorcycle Social Club reported a surplus of $71K, with revenue exceeding expenses. The organization holds $80K in liabilities against $202K in assets (debt-to-asset ratio: 39.7%), resulting in net assets of $122K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $128K | $57K | $202K | $80K | — | — |
| 2020 | $24K | $140K | $185K | $135K | — | — |
| 2019 | $168K | $87K | $211K | $44K | — | View 990 |
| 2018 | $200K | $204K | $228K | $143K | — | View 990 |
| 2017 | $112K | $55K | $89K | $0 | — | View 990 |
| 2016 | $65K | $56K | $33K | $0 | — | View 990 |
| 2015 | $58K | $69K | $24K | $0 | — | View 990 |
| 2014 | $62K | $32K | $35K | $0 | — | View 990 |
| 2013 | $51K | $70K | $5K | $0 | — | View 990 |
| 2012 | $125K | $110K | $24K | $0 | — | View 990 |
| 2011 | $56K | $47K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $128K, expenses of $57K, and assets of $202K (revenue +427.9% year-over-year).
- 2020: Revenue of $24K, expenses of $140K, and assets of $185K (revenue -85.6% year-over-year).
- 2019: Revenue of $168K, expenses of $87K, and assets of $211K (revenue -16.0% year-over-year).
- 2018: Revenue of $200K, expenses of $204K, and assets of $228K (revenue +79.4% year-over-year).
- 2017: Revenue of $112K, expenses of $55K, and assets of $89K (revenue +71.8% year-over-year).
- 2016: Revenue of $65K, expenses of $56K, and assets of $33K (revenue +12.3% year-over-year).
- 2015: Revenue of $58K, expenses of $69K, and assets of $24K (revenue -7.5% year-over-year).
- 2014: Revenue of $62K, expenses of $32K, and assets of $35K (revenue +23.1% year-over-year).
- 2013: Revenue of $51K, expenses of $70K, and assets of $5K (revenue -59.3% year-over-year).
- 2012: Revenue of $125K, expenses of $110K, and assets of $24K (revenue +121.4% year-over-year).
- 2011: Revenue of $56K, expenses of $47K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lucky 7 11 Motorcycle Social Club:
Data Sources and Methodology
This transparency report for Lucky 7 11 Motorcycle Social Club 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.