Milwaukee Lesbian Gay Bisexual
EIN: 391893808 · Milwaukee, WI · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $696K |
| Total Expenses | $1.2M |
| Net Assets | $120K |
Is Milwaukee Lesbian Gay Bisexual Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Milwaukee Lesbian Gay Bisexual
Milwaukee Lesbian Gay Bisexual (EIN: 391893808) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code P99. The organization reported total revenue of $696K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milwaukee Lesbian Gay Bisexual 's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milwaukee Lesbian Gay Bisexual is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $899K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-312,386 |
| Total Assets | $1.6M |
| Total Liabilities | $1.5M |
| Net Assets | $120K |
| Operating Margin | -34.8% |
| Debt-to-Asset Ratio | 92.5% |
| Months of Reserves | 16.0 months |
Financial Health Grade: C
In 2023, Milwaukee Lesbian Gay Bisexual reported a deficit of $312K with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 92.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Milwaukee Lesbian Gay Bisexual 's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.7% | +12.3% | -20.2% |
| 2022 | +25.4% | +25.4% | +295.9% |
| 2021 | -17.2% | -2.8% | +1.3% |
| 2020 | +20.4% | +2.1% | +33.1% |
| 2019 | -0.9% | +13.8% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milwaukee Lesbian Gay Bisexual 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 Milwaukee Lesbian Gay Bisexual 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 $312K, with expenses exceeding revenue.
- Debt-to-asset ratio: 92.5%.
Frequently Asked Questions about Milwaukee Lesbian Gay Bisexual
Is Milwaukee Lesbian Gay Bisexual a legitimate charity?
Milwaukee Lesbian Gay Bisexual (EIN: 391893808) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $696K. No red flags identified. Financial health grade: C.
How does Milwaukee Lesbian Gay Bisexual spend its money?
Milwaukee Lesbian Gay Bisexual reported $696K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Milwaukee Lesbian Gay Bisexual tax-deductible?
Milwaukee Lesbian Gay Bisexual is registered as a tax-exempt nonprofit (EIN: 391893808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milwaukee Lesbian Gay Bisexual located?
Milwaukee Lesbian Gay Bisexual is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391893808. It is classified under NTEE code P99.
How many years of IRS 990 filings does Milwaukee Lesbian Gay Bisexual have?
Milwaukee Lesbian Gay Bisexual 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 $696K in total revenue.
Filing History
IRS 990 filing history for Milwaukee Lesbian Gay Bisexual showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Milwaukee Lesbian Gay Bisexual 's revenue has grown by 8.4%, moving from $829K to $899K. Total assets increased by 446.7% over the same period, from $296K to $1.6M. Total functional expenses rose by 28.6%, from $941K to $1.2M. In its most recent filing year (2023), Milwaukee Lesbian Gay Bisexual reported a deficit of $312K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $1.6M in assets (debt-to-asset ratio: 92.5%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $899K | $1.2M | $1.6M | $1.5M | — | — |
| 2022 | $1.1M | $1.1M | $2.0M | $1.6M | — | View 990 |
| 2021 | $840K | $860K | $511K | $53K | — | View 990 |
| 2020 | $1.0M | $885K | $505K | $27K | — | — |
| 2019 | $843K | $866K | $379K | $31K | — | View 990 |
| 2018 | $850K | $761K | $405K | $33K | — | View 990 |
| 2017 | $1.0M | $827K | $348K | $65K | — | View 990 |
| 2016 | $768K | $731K | $125K | $38K | — | View 990 |
| 2015 | $576K | $634K | $126K | $76K | — | View 990 |
| 2014 | $583K | $613K | $208K | $99K | — | View 990 |
| 2013 | $635K | $613K | $238K | $99K | — | View 990 |
| 2012 | $656K | $659K | $283K | $166K | — | View 990 |
| 2011 | $829K | $941K | $296K | $175K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $899K, expenses of $1.2M, and assets of $1.6M (revenue -14.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $2.0M (revenue +25.4% year-over-year).
- 2021: Revenue of $840K, expenses of $860K, and assets of $511K (revenue -17.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $885K, and assets of $505K (revenue +20.4% year-over-year).
- 2019: Revenue of $843K, expenses of $866K, and assets of $379K (revenue -0.9% year-over-year).
- 2018: Revenue of $850K, expenses of $761K, and assets of $405K (revenue -16.8% year-over-year).
- 2017: Revenue of $1.0M, expenses of $827K, and assets of $348K (revenue +33.0% year-over-year).
- 2016: Revenue of $768K, expenses of $731K, and assets of $125K (revenue +33.4% year-over-year).
- 2015: Revenue of $576K, expenses of $634K, and assets of $126K (revenue -1.2% year-over-year).
- 2014: Revenue of $583K, expenses of $613K, and assets of $208K (revenue -8.2% year-over-year).
- 2013: Revenue of $635K, expenses of $613K, and assets of $238K (revenue -3.1% year-over-year).
- 2012: Revenue of $656K, expenses of $659K, and assets of $283K (revenue -20.9% year-over-year).
- 2011: Revenue of $829K, expenses of $941K, and assets of $296K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milwaukee Lesbian Gay Bisexual :
Data Sources and Methodology
This transparency report for Milwaukee Lesbian Gay Bisexual 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.