Nami Of Lake County
Nami Of Lake County shows consistent revenue growth and no reported officer compensation, indicating strong financial health and efficient resource use.
EIN: 10917297 · Painesville, OH · NTEE: F30 · Updated: 2026-03-27
Is Nami Of Lake County Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nami Of Lake County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nami Of Lake County
Nami Of Lake County (EIN: 10917297) is a nonprofit organization based in Painesville, OH, classified under NTEE code F30. The organization reported total revenue of $389K and total assets of $146K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nami Of Lake County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nami Of Lake County with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Nami Of Lake County allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with annual expenses exceeding $300,000.
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 Nami Of Lake County's IRS 990 filings:
- Unusually low liabilities in some periods (e.g., $3,305 in 2019) followed by higher liabilities (e.g., $65,623 in 2023) could indicate fluctuating operational needs or funding cycles.
- While 0% officer compensation is a strength, for an organization with expenses over $300,000, it might suggest reliance on volunteers for key leadership roles, which could pose sustainability risks if not managed well.
Strengths
The following positive indicators were identified for Nami Of Lake County:
- Consistent revenue growth, increasing from $166,141 in 2015 to $363,723 in 2023, demonstrates strong fundraising and community support.
- Healthy operating surpluses in most recent years (e.g., $43,829 in 2023) indicate sound financial management and sustainability.
- Significant asset growth from $31,114 in 2015 to $193,413 in 2023 provides a stronger financial foundation.
- 0% officer compensation reported across all filings indicates highly efficient use of funds, with resources directed away from executive salaries.
- Consistent IRS 990 filing history over 13 periods demonstrates strong transparency and accountability.
Frequently Asked Questions about Nami Of Lake County
Is Nami Of Lake County a legitimate charity?
Based on AI analysis of IRS 990 filings, Nami Of Lake County (EIN: 10917297) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Nami Of Lake County spend its money?
Nami Of Lake County directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nami Of Lake County tax-deductible?
Nami Of Lake County is registered as a tax-exempt nonprofit (EIN: 10917297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nami Of Lake County a good charity?
Based on the available financial data, Nami Of Lake County appears to be a good charity. It demonstrates consistent revenue growth, maintains a healthy operating surplus in most years, and notably reports 0% officer compensation, suggesting a strong focus on program delivery and efficient use of funds.
How has Nami Of Lake County's financial health changed over time?
Nami Of Lake County has shown significant financial growth and improved health over the past decade. Revenue increased from $166,141 in 2015 to $363,723 in 2023, and assets grew from $31,114 to $193,413 in the same period, indicating a strengthening financial position.
What is Nami Of Lake County's approach to executive compensation?
Nami Of Lake County consistently reports 0% officer compensation in all available IRS 990 filings, indicating that its officers are not paid salaries by the organization. This is a highly efficient approach to executive compensation, directing more funds to its mission.
Filing History
IRS 990 filing history for Nami Of Lake County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nami Of Lake County's revenue has grown by 255.8%, moving from $102K to $364K. Total assets increased by 404.4% over the same period, from $38K to $193K. Total functional expenses rose by 253.3%, from $91K to $320K. In its most recent filing year (2023), Nami Of Lake County reported a surplus of $44K, with revenue exceeding expenses. The organization holds $66K in liabilities against $193K in assets (debt-to-asset ratio: 33.9%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $364K | $320K | $193K | $66K | — | View 990 |
| 2022 | $313K | $319K | $127K | $43K | — | View 990 |
| 2021 | $306K | $276K | $112K | $23K | — | View 990 |
| 2020 | $275K | $266K | $112K | $52K | — | View 990 |
| 2019 | $219K | $209K | $55K | $3K | — | View 990 |
| 2018 | $208K | $197K | $52K | $10K | — | View 990 |
| 2017 | $223K | $204K | $38K | $7K | — | View 990 |
| 2016 | $187K | $188K | $18K | $7K | — | View 990 |
| 2015 | $166K | $199K | $31K | $19K | — | View 990 |
| 2014 | $167K | $172K | $55K | $11K | — | View 990 |
| 2013 | $156K | $144K | $60K | $11K | — | View 990 |
| 2012 | $115K | $113K | $54K | $16K | — | View 990 |
| 2011 | $102K | $91K | $38K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $364K, expenses of $320K, and assets of $193K (revenue +16.1% year-over-year).
- 2022: Revenue of $313K, expenses of $319K, and assets of $127K (revenue +2.4% year-over-year).
- 2021: Revenue of $306K, expenses of $276K, and assets of $112K (revenue +11.4% year-over-year).
- 2020: Revenue of $275K, expenses of $266K, and assets of $112K (revenue +25.3% year-over-year).
- 2019: Revenue of $219K, expenses of $209K, and assets of $55K (revenue +5.1% year-over-year).
- 2018: Revenue of $208K, expenses of $197K, and assets of $52K (revenue -6.5% year-over-year).
- 2017: Revenue of $223K, expenses of $204K, and assets of $38K (revenue +19.2% year-over-year).
- 2016: Revenue of $187K, expenses of $188K, and assets of $18K (revenue +12.6% year-over-year).
- 2015: Revenue of $166K, expenses of $199K, and assets of $31K (revenue -0.4% year-over-year).
- 2014: Revenue of $167K, expenses of $172K, and assets of $55K (revenue +6.9% year-over-year).
- 2013: Revenue of $156K, expenses of $144K, and assets of $60K (revenue +36.3% year-over-year).
- 2012: Revenue of $115K, expenses of $113K, and assets of $54K (revenue +12.1% year-over-year).
- 2011: Revenue of $102K, expenses of $91K, and assets of $38K.
Data Sources and Methodology
This transparency report for Nami Of Lake County 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.