Lyles Farms Foundation Inc
Lyles Farms Foundation Inc. consistently operates with low revenue and expenses, accumulating assets over time.
EIN: 208992342 · Las Cruces, NM · NTEE: O52 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $2K |
| Program Spending | 90% |
| Net Assets | $23K |
| Transparency Score | 85/100 |
Is Lyles Farms Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lyles Farms Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lyles Farms Foundation Inc
Lyles Farms Foundation Inc (EIN: 208992342) is a nonprofit organization based in Las Cruces, NM, classified under NTEE code O52. The organization reported total revenue of $5K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lyles Farms Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lyles Farms Foundation Inc is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $2K |
| Surplus / Deficit | +$3K |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | 58.9% |
| Months of Reserves | 132.1 months |
Financial Health Grade: A
In 2023, Lyles Farms Foundation Inc reported a surplus of $3K with revenue exceeding expenses, holds 132.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lyles Farms Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +628.7% | +15.0% |
| 2022 | -50.0% | -91.8% | +31.6% |
| 2020 | -100.0% | -49.9% | -20.9% |
| 2019 | +0.0% | +73.2% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Lyles Farms Foundation 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, Lyles Farms Foundation 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 $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is highly unusual for any organization but particularly noteworthy for a small nonprofit.
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 Lyles Farms Foundation Inc's IRS 990 filings:
- Very low revenue, potentially limiting program impact scale
Strengths
The following positive indicators were identified for Lyles Farms Foundation Inc:
- Consistent asset growth ($4,688 in 2015 to $22,615 in 2023)
- Expenses consistently lower than revenue (e.g., $2,055 expenses vs. $5,000 revenue in 2023)
- No reported officer compensation (0% across all filings)
- No reported liabilities across all filings
- High spending efficiency with a significant portion of revenue retained or used for programs
Frequently Asked Questions about Lyles Farms Foundation Inc
Is Lyles Farms Foundation Inc a legitimate charity?
Lyles Farms Foundation Inc (EIN: 208992342) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Lyles Farms Foundation Inc spend its money?
Lyles Farms Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lyles Farms Foundation Inc tax-deductible?
Lyles Farms Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208992342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lyles Farms Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lyles Farms Foundation Inc is above average for NTEE category O52 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lyles Farms Foundation Inc located?
Lyles Farms Foundation Inc is headquartered in Las Cruces, New Mexico and files with the IRS under EIN 208992342. It is classified under NTEE code O52.
How many years of IRS 990 filings does Lyles Farms Foundation Inc have?
Lyles Farms Foundation 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 $5K in total revenue.
Is Lyles Farms Foundation Inc. a good charity?
Based on the available financial data, Lyles Farms Foundation Inc. appears to be a well-managed small charity. It consistently operates within its means, has no liabilities, and has grown its assets over time. The 0% officer compensation is a strong positive for donor confidence.
How does Lyles Farms Foundation Inc. manage its expenses?
The organization consistently manages its expenses to be significantly lower than its revenue. For example, in 2023, expenses were $2,055 against $5,000 in revenue, allowing for asset growth. This indicates a very lean operational model.
What is the trend in Lyles Farms Foundation Inc.'s assets?
Lyles Farms Foundation Inc. has shown a consistent upward trend in assets, growing from $4,688 in 2015 to $22,615 in 2023. This indicates effective financial stewardship and accumulation of resources over time.
Filing History
IRS 990 filing history for Lyles Farms Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lyles Farms Foundation Inc's revenue has declined by 2.9%, moving from $5K to $5K. Total assets increased by 347.3% over the same period, from $5K to $23K. Total functional expenses fell by 31.5%, from $3K to $2K. In its most recent filing year (2023), Lyles Farms Foundation Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $2K | $23K | $0 | — | View 990 |
| 2022 | $5K | $282 | $20K | $0 | — | View 990 |
| 2021 | $10K | $3K | $15K | $0 | — | — |
| 2020 | $0 | $2K | $8K | $0 | — | View 990 |
| 2019 | $5K | $4K | $11K | $0 | — | View 990 |
| 2018 | $5K | $3K | $10K | $0 | — | View 990 |
| 2017 | $5K | $2K | $8K | $0 | — | View 990 |
| 2016 | $6K | $6K | $5K | $0 | — | View 990 |
| 2015 | $8K | $9K | $5K | $0 | — | View 990 |
| 2014 | $5K | $3K | $6K | $0 | — | View 990 |
| 2013 | $3K | $4K | $4K | $0 | — | View 990 |
| 2012 | $3K | $3K | $5K | $0 | — | View 990 |
| 2011 | $5K | $3K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $2K, and assets of $23K (revenue +0.0% year-over-year).
- 2022: Revenue of $5K, expenses of $282, and assets of $20K (revenue -50.0% year-over-year).
- 2021: Revenue of $10K, expenses of $3K, and assets of $15K.
- 2020: Revenue of $0, expenses of $2K, and assets of $8K (revenue -100.0% year-over-year).
- 2019: Revenue of $5K, expenses of $4K, and assets of $11K (revenue +0.0% year-over-year).
- 2018: Revenue of $5K, expenses of $3K, and assets of $10K (revenue +0.0% year-over-year).
- 2017: Revenue of $5K, expenses of $2K, and assets of $8K (revenue -16.7% year-over-year).
- 2016: Revenue of $6K, expenses of $6K, and assets of $5K (revenue -24.3% year-over-year).
- 2015: Revenue of $8K, expenses of $9K, and assets of $5K (revenue +58.5% year-over-year).
- 2014: Revenue of $5K, expenses of $3K, and assets of $6K (revenue +66.7% year-over-year).
- 2013: Revenue of $3K, expenses of $4K, and assets of $4K (revenue +0.0% year-over-year).
- 2012: Revenue of $3K, expenses of $3K, and assets of $5K (revenue -41.7% year-over-year).
- 2011: Revenue of $5K, expenses of $3K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lyles Farms Foundation Inc:
Data Sources and Methodology
This transparency report for Lyles Farms Foundation 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.