Mayfield Lions Club Charitable Foundation Inc
EIN: 270963390 · Mayfield, KY · NTEE: S80
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $94K |
| Net Assets | $105K |
Is Mayfield Lions Club Charitable Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mayfield Lions Club Charitable Foundation Inc
Mayfield Lions Club Charitable Foundation Inc (EIN: 270963390) is a nonprofit organization based in Mayfield, KY, classified under NTEE code S80. The organization reported total revenue of $26K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mayfield Lions Club Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mayfield Lions Club Charitable Foundation Inc is a micro nonprofit that has been operating for 16 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -93.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $94K |
| Surplus / Deficit | $-69,565 |
| Total Assets | $105K |
| Net Assets | $105K |
| Operating Margin | -289.6% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2023, Mayfield Lions Club Charitable Foundation Inc reported a deficit of $70K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Mayfield Lions Club Charitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -93.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.4% | -53.0% | -39.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mayfield Lions Club Charitable Foundation Inc 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 Mayfield Lions Club Charitable Foundation Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $70K, with expenses exceeding revenue.
Frequently Asked Questions about Mayfield Lions Club Charitable Foundation Inc
Is Mayfield Lions Club Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mayfield Lions Club Charitable Foundation Inc (EIN: 270963390) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mayfield Lions Club Charitable Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Mayfield Lions Club Charitable Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Mayfield Lions Club Charitable Foundation Inc tax-deductible?
Mayfield Lions Club Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 270963390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mayfield Lions Club Charitable Foundation Inc located?
Mayfield Lions Club Charitable Foundation Inc is headquartered in Mayfield, Kentucky and files with the IRS under EIN 270963390. It is classified under NTEE code S80.
How many years of IRS 990 filings does Mayfield Lions Club Charitable Foundation Inc have?
Mayfield Lions Club Charitable Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $26K in total revenue.
Filing History
IRS 990 filing history for Mayfield Lions Club Charitable Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Mayfield Lions Club Charitable Foundation Inc's revenue has declined by 93.4%, moving from $362K to $24K. Total assets decreased by 39.9% over the same period, from $174K to $105K. Total functional expenses fell by 53%, from $199K to $94K. In its most recent filing year (2023), Mayfield Lions Club Charitable Foundation Inc reported a deficit of $70K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $94K | $105K | $0 | — | View 990 |
| 2022 | $362K | $199K | $174K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mayfield Lions Club Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Mayfield Lions Club Charitable 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.