Maryland Youth Lacrosse Association Inc
Maryland Youth Lacrosse Association consistently operates without officer compensation and maintains zero liabilities.
EIN: 10623012 · Timonium, MD · NTEE: N60 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $111K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $45K |
| Transparency Score | 92/100 |
Is Maryland Youth Lacrosse Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maryland Youth Lacrosse Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maryland Youth Lacrosse Association Inc
Maryland Youth Lacrosse Association Inc (EIN: 10623012) is a nonprofit organization based in Timonium, MD, classified under NTEE code N60. The organization reported total revenue of $108K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maryland Youth Lacrosse Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maryland Youth Lacrosse Association Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $111K |
| Surplus / Deficit | +$10K |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | 8.6% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, Maryland Youth Lacrosse Association Inc reported a surplus of $10K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Maryland Youth Lacrosse Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | -11.0% | +29.8% |
| 2022 | +4.1% | +8.6% | +54.6% |
| 2020 | -100.0% | -82.5% | -80.4% |
| 2019 | -19.2% | -19.0% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Maryland Youth Lacrosse Association 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Maryland Youth Lacrosse Association 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 $10K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based. This significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards program services, which is highly commendable for an organization of its size with revenues around $100,000 annually.
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.
Strengths
The following positive indicators were identified for Maryland Youth Lacrosse Association Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and low administrative overhead.
- Zero reported liabilities across all filings, demonstrating strong financial stability and no debt.
- Consistent growth in assets from $5,802 in 2020 to $45,293 in 2023, showing effective financial management.
- Resilience demonstrated by quick recovery in revenue and assets after a $0 revenue year in 2020.
- Consistent filing of IRS 990s for 13 periods, indicating high transparency.
Frequently Asked Questions about Maryland Youth Lacrosse Association Inc
Is Maryland Youth Lacrosse Association Inc a legitimate charity?
Maryland Youth Lacrosse Association Inc (EIN: 10623012) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Maryland Youth Lacrosse Association Inc spend its money?
Maryland Youth Lacrosse Association Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Maryland Youth Lacrosse Association Inc tax-deductible?
Maryland Youth Lacrosse Association Inc is registered as a tax-exempt nonprofit (EIN: 10623012). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maryland Youth Lacrosse Association Inc CEO make?
Maryland Youth Lacrosse Association Inc's highest-compensated officer earns $100,000 annually. The organization reported $108K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Maryland Youth Lacrosse Association Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Maryland Youth Lacrosse Association Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maryland Youth Lacrosse Association Inc located?
Maryland Youth Lacrosse Association Inc is headquartered in Timonium, Maryland and files with the IRS under EIN 10623012. It is classified under NTEE code N60.
How many years of IRS 990 filings does Maryland Youth Lacrosse Association Inc have?
Maryland Youth Lacrosse Association 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 $108K in total revenue.
Is Maryland Youth Lacrosse Association Inc. a good charity?
Based on the provided financial data, Maryland Youth Lacrosse Association Inc. appears to be a very good charity. It consistently operates with zero officer compensation, maintains zero liabilities, and has shown consistent asset growth, indicating strong financial health and efficient use of funds. Their ability to recover from a $0 revenue year in 2020 also demonstrates resilience.
How does the organization manage its finances without paying officers?
The organization manages its finances without paying officers by likely relying on volunteer leadership. This model significantly reduces administrative costs, allowing more of its revenue (e.g., $121,668 in 2023) to be allocated directly to its programs and operational expenses.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, particularly recovering strongly from $5,802 in 2020 to $45,293 in 2023. This indicates effective financial management and the ability to build reserves over time.
Filing History
IRS 990 filing history for Maryland Youth Lacrosse Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maryland Youth Lacrosse Association Inc's revenue has grown by 244.7%, moving from $35K to $122K. Total assets increased by 232.1% over the same period, from $14K to $45K. Total functional expenses rose by 213%, from $36K to $111K. In its most recent filing year (2023), Maryland Youth Lacrosse Association Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $111K | $45K | $0 | — | View 990 |
| 2022 | $137K | $125K | $35K | $0 | — | — |
| 2021 | $132K | $115K | $23K | $0 | — | — |
| 2020 | $0 | $21K | $6K | $0 | — | View 990 |
| 2019 | $122K | $123K | $30K | $0 | — | View 990 |
| 2018 | $151K | $151K | $30K | $0 | — | View 990 |
| 2017 | $121K | $128K | $31K | $0 | — | View 990 |
| 2016 | $130K | $131K | $38K | $0 | — | View 990 |
| 2015 | $146K | $142K | $39K | $0 | — | View 990 |
| 2014 | $78K | $64K | $35K | $0 | — | View 990 |
| 2013 | $49K | $53K | $22K | $0 | — | View 990 |
| 2012 | $48K | $35K | $26K | $0 | — | View 990 |
| 2011 | $35K | $36K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $111K, and assets of $45K (revenue -11.4% year-over-year).
- 2022: Revenue of $137K, expenses of $125K, and assets of $35K (revenue +4.1% year-over-year).
- 2021: Revenue of $132K, expenses of $115K, and assets of $23K.
- 2020: Revenue of $0, expenses of $21K, and assets of $6K (revenue -100.0% year-over-year).
- 2019: Revenue of $122K, expenses of $123K, and assets of $30K (revenue -19.2% year-over-year).
- 2018: Revenue of $151K, expenses of $151K, and assets of $30K (revenue +24.9% year-over-year).
- 2017: Revenue of $121K, expenses of $128K, and assets of $31K (revenue -7.0% year-over-year).
- 2016: Revenue of $130K, expenses of $131K, and assets of $38K (revenue -10.9% year-over-year).
- 2015: Revenue of $146K, expenses of $142K, and assets of $39K (revenue +87.7% year-over-year).
- 2014: Revenue of $78K, expenses of $64K, and assets of $35K (revenue +57.3% year-over-year).
- 2013: Revenue of $49K, expenses of $53K, and assets of $22K (revenue +3.7% year-over-year).
- 2012: Revenue of $48K, expenses of $35K, and assets of $26K (revenue +34.9% year-over-year).
- 2011: Revenue of $35K, expenses of $36K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maryland Youth Lacrosse Association Inc:
Data Sources and Methodology
This transparency report for Maryland Youth Lacrosse Association 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.