Narragansett Lions Charities Inc
Narragansett Lions Charities Inc operates with no officer compensation, showing fluctuating but recently increased activity.
EIN: 205357128 · Narragansett, RI · NTEE: P12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $119K |
| Program Spending | 90% |
| Transparency Score | 85/100 |
Is Narragansett Lions Charities Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Narragansett Lions Charities Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Narragansett Lions Charities Inc
Narragansett Lions Charities Inc (EIN: 205357128) is a nonprofit organization based in Narragansett, RI, classified under NTEE code P12. The organization reported total revenue of $13K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Narragansett Lions Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Narragansett Lions Charities Inc is a micro nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $119K |
| Surplus / Deficit | $-6,000 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -5.3% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Narragansett Lions Charities Inc reported a deficit of $6K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2012–2023), Narragansett Lions Charities Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11154.1% | +592605.0% | -100.0% |
| 2017 | -28.6% | +0.0% | +19.1% |
| 2016 | +47.4% | — | +36.9% |
| 2015 | +11.8% | -100.0% | +34.0% |
| 2014 | -85.6% | -98.0% | +30.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Narragansett Lions Charities Inc with a Mission Score of 85 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, Narragansett Lions Charities 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 deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-run at the leadership level, which is commendable for an organization of its size.
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 Narragansett Lions Charities Inc:
- 100% volunteer-run leadership (0% Officer Comp)
- No reported liabilities across all filings
- Significant increase in program activity in 202306 (Revenue $112,541)
- Consistent IRS 990 filing history
Frequently Asked Questions about Narragansett Lions Charities Inc
Is Narragansett Lions Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Narragansett Lions Charities Inc (EIN: 205357128) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Narragansett Lions Charities Inc spend its money?
Narragansett Lions Charities Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Narragansett Lions Charities Inc tax-deductible?
Narragansett Lions Charities Inc is registered as a tax-exempt nonprofit (EIN: 205357128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Narragansett Lions Charities Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Narragansett Lions Charities Inc is above average for NTEE category P12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Narragansett Lions Charities Inc located?
Narragansett Lions Charities Inc is headquartered in Narragansett, Rhode Island and files with the IRS under EIN 205357128. It is classified under NTEE code P12.
How many years of IRS 990 filings does Narragansett Lions Charities Inc have?
Narragansett Lions Charities Inc has 7 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 $13K in total revenue.
Is Narragansett Lions Charities Inc a good charity?
Based on the available data, Narragansett Lions Charities Inc appears to be a good charity, particularly due to its 0% officer compensation and consistent lack of liabilities, suggesting efficient use of funds and sound financial management. Its recent increase in activity (202306 revenue of $112,541) also indicates a growing impact.
What is the primary source of funding for Narragansett Lions Charities Inc?
The IRS 990 data does not specify the primary source of funding, but given its nature as a Lions Club charity, it likely relies on community fundraising events, donations, and membership dues.
How does Narragansett Lions Charities Inc manage its assets?
The organization consistently reports very low or $0 in assets and liabilities, suggesting it operates on a 'pass-through' model, disbursing funds as they are raised rather than accumulating significant reserves.
Filing History
IRS 990 filing history for Narragansett Lions Charities Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2023), Narragansett Lions Charities Inc's revenue has grown by 1008%, moving from $10K to $113K. Total assets decreased by 100% over the same period, from $7K to $0. Total functional expenses rose by 1132.2%, from $10K to $119K. In its most recent filing year (2023), Narragansett Lions Charities Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $119K | $0 | $0 | — | — |
| 2017 | $1K | $20 | $6K | $0 | — | View 990 |
| 2016 | $1K | $20 | $5K | $0 | — | View 990 |
| 2015 | $950 | $0 | $4K | $0 | — | View 990 |
| 2014 | $850 | $202 | $3K | $0 | — | View 990 |
| 2013 | $6K | $10K | $2K | $0 | — | View 990 |
| 2012 | $10K | $10K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $119K, and assets of $0 (revenue +11154.1% year-over-year).
- 2017: Revenue of $1K, expenses of $20, and assets of $6K (revenue -28.6% year-over-year).
- 2016: Revenue of $1K, expenses of $20, and assets of $5K (revenue +47.4% year-over-year).
- 2015: Revenue of $950, expenses of $0, and assets of $4K (revenue +11.8% year-over-year).
- 2014: Revenue of $850, expenses of $202, and assets of $3K (revenue -85.6% year-over-year).
- 2013: Revenue of $6K, expenses of $10K, and assets of $2K (revenue -42.0% year-over-year).
- 2012: Revenue of $10K, expenses of $10K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Narragansett Lions Charities Inc:
Data Sources and Methodology
This transparency report for Narragansett Lions Charities 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.