Mineral Lake Lions Foundation
EIN: 922916460 · Mineral, WA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $193K |
| Total Expenses | $157K |
| Net Assets | $113K |
Is Mineral Lake Lions Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mineral Lake Lions Foundation
Mineral Lake Lions Foundation (EIN: 922916460) is a nonprofit organization based in Mineral, WA, classified under NTEE code P20. The organization reported total revenue of $193K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mineral Lake Lions Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mineral Lake Lions Foundation is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 119.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $282K |
| Total Expenses | $157K |
| Surplus / Deficit | +$124K |
| Total Assets | $135K |
| Total Liabilities | $22K |
| Net Assets | $113K |
| Operating Margin | 44.1% |
| Debt-to-Asset Ratio | 16.2% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Mineral Lake Lions Foundation reported a surplus of $124K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 16.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Mineral Lake Lions Foundation's revenue has grown at a compound annual growth rate (CAGR) of 119.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +119.2% | +12.8% | +13512900.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mineral Lake Lions Foundation 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 Mineral Lake Lions Foundation 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 surplus of $124K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.2%.
Frequently Asked Questions about Mineral Lake Lions Foundation
Is Mineral Lake Lions Foundation a legitimate charity?
Mineral Lake Lions Foundation (EIN: 922916460) is a registered tax-exempt nonprofit based in Washington. It has 2 years of IRS 990 filings on record. Total revenue: $193K. No red flags identified. Financial health grade: A.
How does Mineral Lake Lions Foundation spend its money?
Mineral Lake Lions Foundation reported $193K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mineral Lake Lions Foundation tax-deductible?
Mineral Lake Lions Foundation is registered as a tax-exempt nonprofit (EIN: 922916460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mineral Lake Lions Foundation located?
Mineral Lake Lions Foundation is headquartered in Mineral, Washington and files with the IRS under EIN 922916460. It is classified under NTEE code P20.
How many years of IRS 990 filings does Mineral Lake Lions Foundation have?
Mineral Lake Lions Foundation 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 $193K in total revenue.
Filing History
IRS 990 filing history for Mineral Lake Lions Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Mineral Lake Lions Foundation's revenue has grown by 119.2%, moving from $128K to $282K. Total assets increased by 13512900% over the same period, from $1 to $135K. Total functional expenses rose by 12.8%, from $139K to $157K. In its most recent filing year (2023), Mineral Lake Lions Foundation reported a surplus of $124K, with revenue exceeding expenses. The organization holds $22K in liabilities against $135K in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $113K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $282K | $157K | $135K | $22K | — | — |
| 2022 | $128K | $139K | $1 | $11K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mineral Lake Lions Foundation:
Data Sources and Methodology
This transparency report for Mineral Lake Lions Foundation 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.