Lunas House Inc
Lunas House Inc. consistently operates with a surplus and no executive compensation, growing assets to nearly $1.4 million.
EIN: 208184278 · Abingdon, MD · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $245K |
| Total Expenses | $176K |
| Program Spending | 90% |
| Net Assets | $1.3M |
| Transparency Score | 92/100 |
Is Lunas House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lunas House Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lunas House Inc
Lunas House Inc (EIN: 208184278) is a nonprofit organization based in Abingdon, MD, classified under NTEE code D20. The organization reported total revenue of $245K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lunas House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lunas House 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 -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $176K |
| Surplus / Deficit | +$28K |
| Total Assets | $1.4M |
| Total Liabilities | $54K |
| Net Assets | $1.3M |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 94.9 months |
Financial Health Grade: A
In 2023, Lunas House Inc reported a surplus of $28K with revenue exceeding expenses, holds 94.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lunas House Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.3% | -13.4% | +2.0% |
| 2022 | -35.0% | +5.4% | -2.6% |
| 2021 | -7.1% | +12.4% | +3.7% |
| 2020 | +55.4% | +16.2% | +14.3% |
| 2019 | -17.7% | -6.8% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Lunas House Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Lunas House Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries, which is highly unusual and suggests a volunteer-led or very lean operational model, directing more funds to the mission.
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 Lunas House Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency calculations difficult without full 990 forms.
Strengths
The following positive indicators were identified for Lunas House Inc:
- Consistent asset growth, from $900,420 in 2014 to $1,392,781 in 2023.
- No reported officer compensation across all 13 filings, indicating high efficiency in directing funds to mission.
- Generally operates with a revenue surplus, contributing to financial stability.
- Low liabilities relative to assets, suggesting strong financial management.
- Excellent transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Lunas House Inc
Is Lunas House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lunas House Inc (EIN: 208184278) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Lunas House Inc spend its money?
Lunas House Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lunas House Inc tax-deductible?
Lunas House Inc is registered as a tax-exempt nonprofit (EIN: 208184278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lunas House Inc's spending goes to programs?
Lunas House Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lunas House Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lunas House Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lunas House Inc located?
Lunas House Inc is headquartered in Abingdon, Maryland and files with the IRS under EIN 208184278. It is classified under NTEE code D20.
How many years of IRS 990 filings does Lunas House Inc have?
Lunas House 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 $245K in total revenue.
Is Lunas House Inc. financially stable?
Yes, Lunas House Inc. appears financially stable. Its assets have consistently grown from $900,420 in 2014 to $1,392,781 in 2023, and it has generally operated with a revenue surplus over expenses in most years, including $203,898 revenue against $176,037 expenses in 2023.
How does Lunas House Inc. manage executive compensation?
Lunas House Inc. reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries are paid to its officers, which is a strong indicator of volunteer leadership and direct resource allocation to programs.
Has Lunas House Inc.'s financial health improved over time?
Yes, the organization's financial health has improved. Its assets have steadily increased from $900,420 in 2014 to $1,392,781 in 2023, and it has consistently maintained low liabilities relative to its asset base.
What is the trend in Lunas House Inc.'s revenue and expenses?
Revenue has fluctuated but generally remained strong, ranging from $166,685 in 2022 to $275,885 in 2020. Expenses have also varied but typically remained below revenue, allowing for consistent asset growth. For example, in 2023, revenue was $203,898 and expenses were $176,037.
Filing History
IRS 990 filing history for Lunas House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lunas House Inc's revenue has declined by 56.5%, moving from $469K to $204K. Total assets increased by 124.5% over the same period, from $620K to $1.4M. Total functional expenses rose by 97.6%, from $89K to $176K. In its most recent filing year (2023), Lunas House Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $54K in liabilities against $1.4M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $204K | $176K | $1.4M | $54K | — | View 990 |
| 2022 | $167K | $203K | $1.4M | $55K | — | View 990 |
| 2021 | $256K | $193K | $1.4M | $55K | — | View 990 |
| 2020 | $276K | $172K | $1.4M | $68K | — | — |
| 2019 | $178K | $148K | $1.2M | $3K | — | View 990 |
| 2018 | $216K | $158K | $1.2M | $3K | — | View 990 |
| 2017 | $236K | $153K | $1.1M | $1K | — | View 990 |
| 2016 | $189K | $140K | $1.0M | $2K | — | View 990 |
| 2015 | $190K | $131K | $960K | $761 | — | View 990 |
| 2014 | $218K | $148K | $900K | $352 | — | View 990 |
| 2013 | $279K | $118K | $830K | $13 | — | View 990 |
| 2012 | $193K | $143K | $669K | $69 | — | View 990 |
| 2011 | $469K | $89K | $620K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $204K, expenses of $176K, and assets of $1.4M (revenue +22.3% year-over-year).
- 2022: Revenue of $167K, expenses of $203K, and assets of $1.4M (revenue -35.0% year-over-year).
- 2021: Revenue of $256K, expenses of $193K, and assets of $1.4M (revenue -7.1% year-over-year).
- 2020: Revenue of $276K, expenses of $172K, and assets of $1.4M (revenue +55.4% year-over-year).
- 2019: Revenue of $178K, expenses of $148K, and assets of $1.2M (revenue -17.7% year-over-year).
- 2018: Revenue of $216K, expenses of $158K, and assets of $1.2M (revenue -8.7% year-over-year).
- 2017: Revenue of $236K, expenses of $153K, and assets of $1.1M (revenue +25.1% year-over-year).
- 2016: Revenue of $189K, expenses of $140K, and assets of $1.0M (revenue -0.6% year-over-year).
- 2015: Revenue of $190K, expenses of $131K, and assets of $960K (revenue -12.8% year-over-year).
- 2014: Revenue of $218K, expenses of $148K, and assets of $900K (revenue -21.8% year-over-year).
- 2013: Revenue of $279K, expenses of $118K, and assets of $830K (revenue +44.8% year-over-year).
- 2012: Revenue of $193K, expenses of $143K, and assets of $669K (revenue -58.9% year-over-year).
- 2011: Revenue of $469K, expenses of $89K, and assets of $620K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lunas House Inc:
Data Sources and Methodology
This transparency report for Lunas House 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.