Lyman Fund Inc
Lyman Fund Inc. maintains substantial assets while experiencing fluctuating annual revenues and expenses.
EIN: 20471515 · Temple, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $75K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $959K |
| Transparency Score | 85/100 |
Is Lyman Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lyman Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lyman Fund Inc
Lyman Fund Inc (EIN: 20471515) is a nonprofit organization based in Temple, NH. The organization reported total revenue of $172K and total assets of $918K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lyman Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lyman Fund Inc is a small nonprofit that has been operating for 32 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $75K |
| Surplus / Deficit | $-43,461 |
| Total Assets | $962K |
| Total Liabilities | $3K |
| Net Assets | $959K |
| Operating Margin | -138.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 154.3 months |
Financial Health Grade: B
In 2023, Lyman Fund Inc reported a deficit of $43K with expenses exceeding revenue, holds 154.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Lyman Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.2% | +89.9% | -4.0% |
| 2022 | +35.6% | -28.3% | +4.7% |
| 2021 | +51.4% | -24.5% | +1.3% |
| 2020 | -14.6% | -13.6% | +26.2% |
| 2016 | -53.7% | +8.5% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Lyman Fund 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lyman Fund Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for an organization of its size with assets nearing $1 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 Lyman Fund Inc's IRS 990 filings:
- Significant annual deficits in some periods (e.g., 202306: Expenses $74,838 vs. Revenue $31,377)
Strengths
The following positive indicators were identified for Lyman Fund Inc:
- Consistently 0% officer compensation, indicating volunteer leadership and low overhead.
- Strong and growing asset base, providing long-term financial stability.
- Very low liabilities across all reported periods, demonstrating good debt management.
- Consistent filing history, indicating transparency and compliance.
Frequently Asked Questions about Lyman Fund Inc
Is Lyman Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lyman Fund Inc (EIN: 20471515) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Lyman Fund Inc spend its money?
Lyman Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lyman Fund Inc tax-deductible?
Lyman Fund Inc is registered as a tax-exempt nonprofit (EIN: 20471515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lyman Fund Inc CEO make?
Lyman Fund Inc's highest-compensated officer earns $1 annually. The organization reported $172K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lyman Fund Inc's spending goes to programs?
Lyman Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lyman Fund Inc located?
Lyman Fund Inc is headquartered in Temple, New Hampshire and files with the IRS under EIN 20471515.
How many years of IRS 990 filings does Lyman Fund Inc have?
Lyman Fund Inc has 9 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 $172K in total revenue.
Is Lyman Fund Inc. financially stable?
Yes, despite annual fluctuations in revenue and expenses, Lyman Fund Inc. maintains a strong asset base, reaching $962,159 in 202306, which provides a buffer against periods of lower income.
How does Lyman Fund Inc. manage its administrative costs?
The organization appears to manage administrative costs very effectively, particularly regarding executive compensation, which is consistently reported as 0% in all available filings.
What is the trend in Lyman Fund Inc.'s assets?
Lyman Fund Inc.'s assets have shown a general upward trend over the past decade, growing from $685,315 in 201206 to $962,159 in 202306, indicating sound financial stewardship.
Filing History
IRS 990 filing history for Lyman Fund Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Lyman Fund Inc's revenue has grown by 28%, moving from $25K to $31K. Total assets increased by 40.4% over the same period, from $685K to $962K. Total functional expenses rose by 55.3%, from $48K to $75K. In its most recent filing year (2023), Lyman Fund Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $3K in liabilities against $962K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $959K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $75K | $962K | $3K | — | View 990 |
| 2022 | $88K | $39K | $1.0M | $1 | — | View 990 |
| 2021 | $65K | $55K | $957K | $3K | — | — |
| 2020 | $43K | $73K | $945K | $0 | — | View 990 |
| 2016 | $50K | $84K | $748K | $5K | — | View 990 |
| 2015 | $108K | $78K | $782K | $5K | — | View 990 |
| 2014 | $58K | $64K | $747K | $0 | — | View 990 |
| 2013 | $113K | $45K | $753K | $0 | — | View 990 |
| 2012 | $25K | $48K | $685K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $75K, and assets of $962K (revenue -64.2% year-over-year).
- 2022: Revenue of $88K, expenses of $39K, and assets of $1.0M (revenue +35.6% year-over-year).
- 2021: Revenue of $65K, expenses of $55K, and assets of $957K (revenue +51.4% year-over-year).
- 2020: Revenue of $43K, expenses of $73K, and assets of $945K (revenue -14.6% year-over-year).
- 2016: Revenue of $50K, expenses of $84K, and assets of $748K (revenue -53.7% year-over-year).
- 2015: Revenue of $108K, expenses of $78K, and assets of $782K (revenue +86.5% year-over-year).
- 2014: Revenue of $58K, expenses of $64K, and assets of $747K (revenue -48.6% year-over-year).
- 2013: Revenue of $113K, expenses of $45K, and assets of $753K (revenue +359.3% year-over-year).
- 2012: Revenue of $25K, expenses of $48K, and assets of $685K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lyman Fund Inc:
Data Sources and Methodology
This transparency report for Lyman Fund 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.