Lumber King Inc Employee Benefit Plan Tr Fund
EIN: 456558271 · Whitley City, KY · NTEE: Y43
About Lumber King Inc Employee Benefit Plan Tr Fund
Lumber King Inc Employee Benefit Plan Tr Fund (EIN: 456558271) is a nonprofit organization based in Whitley City, KY, classified under NTEE code Y43. The organization reported total revenue of $956K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lumber King Inc Employee Benefit Plan Tr Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lumber King Inc Employee Benefit Plan Tr 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 Lumber King Inc Employee Benefit Plan Tr 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.
Filing History
IRS 990 filing history for Lumber King Inc Employee Benefit Plan Tr Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lumber King Inc Employee Benefit Plan Tr Fund's revenue has grown by 136.2%, moving from $426K to $1.0M. Total assets decreased by 42% over the same period, from $107K to $62K. Total functional expenses rose by 146.5%, from $475K to $1.2M. In its most recent filing year (2024), Lumber King Inc Employee Benefit Plan Tr Fund reported a deficit of $163K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.0M | $1.2M | $62K | $0 | — | View 990 |
| 2023 | $626K | $762K | $225K | $0 | — | View 990 |
| 2022 | $861K | $1.0M | $362K | $0 | — | View 990 |
| 2021 | $610K | $497K | $521K | $0 | — | — |
| 2020 | $682K | $624K | $408K | $0 | — | View 990 |
| 2019 | $682 | $750K | $350K | $0 | — | View 990 |
| 2018 | $591K | $582K | $392K | $0 | — | View 990 |
| 2017 | $500K | $514K | $383K | $0 | — | View 990 |
| 2016 | $521K | $390K | $396K | $0 | — | View 990 |
| 2015 | $661K | $671K | $265K | $0 | — | View 990 |
| 2014 | $520K | $381K | $274K | $0 | — | View 990 |
| 2013 | $455K | $427K | $136K | $0 | — | View 990 |
| 2012 | $426K | $475K | $107K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.0M, expenses of $1.2M, and assets of $62K (revenue +61.0% year-over-year).
- 2023: Revenue of $626K, expenses of $762K, and assets of $225K (revenue -27.4% year-over-year).
- 2022: Revenue of $861K, expenses of $1.0M, and assets of $362K (revenue +41.3% year-over-year).
- 2021: Revenue of $610K, expenses of $497K, and assets of $521K (revenue -10.7% year-over-year).
- 2020: Revenue of $682K, expenses of $624K, and assets of $408K (revenue +99960.6% year-over-year).
- 2019: Revenue of $682, expenses of $750K, and assets of $350K (revenue -99.9% year-over-year).
- 2018: Revenue of $591K, expenses of $582K, and assets of $392K (revenue +18.2% year-over-year).
- 2017: Revenue of $500K, expenses of $514K, and assets of $383K (revenue -4.1% year-over-year).
- 2016: Revenue of $521K, expenses of $390K, and assets of $396K (revenue -21.1% year-over-year).
- 2015: Revenue of $661K, expenses of $671K, and assets of $265K (revenue +27.2% year-over-year).
- 2014: Revenue of $520K, expenses of $381K, and assets of $274K (revenue +14.2% year-over-year).
- 2013: Revenue of $455K, expenses of $427K, and assets of $136K (revenue +6.8% year-over-year).
- 2012: Revenue of $426K, expenses of $475K, and assets of $107K.
Data Sources and Methodology
This transparency report for Lumber King Inc Employee Benefit Plan Tr 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.