Northern Ohio Lmc
EIN: 274188406 · Canfield, OH · NTEE: J40
Is Northern Ohio Lmc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northern Ohio Lmc
Northern Ohio Lmc (EIN: 274188406) is a nonprofit organization based in Canfield, OH, classified under NTEE code J40. The organization reported total revenue of $8.9M and total assets of $278K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Ohio Lmc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Ohio Lmc is a mid-size nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.4M |
| Total Expenses | $8.4M |
| Surplus / Deficit | +$441 |
| Total Assets | $260K |
| Total Liabilities | $132K |
| Net Assets | $128K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 50.7% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Northern Ohio Lmc reported a surplus of $441 with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 50.7% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Northern Ohio Lmc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.8% | -3.6% | +10.2% |
| 2022 | +9.7% | +9.8% | +2.5% |
| 2021 | +8.9% | +9.0% | +12.3% |
| 2020 | +9.2% | +9.2% | +29.0% |
| 2019 | +3.4% | +3.4% | -78.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northern Ohio Lmc 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 Northern Ohio Lmc 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 $441, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.7%.
Frequently Asked Questions about Northern Ohio Lmc
Is Northern Ohio Lmc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Ohio Lmc (EIN: 274188406) insufficient data. 0 red flags identified, 0 strengths noted.
How does Northern Ohio Lmc spend its money?
Detailed spending breakdown data is not yet available for Northern Ohio Lmc. Check back for updated IRS 990 analysis.
Are donations to Northern Ohio Lmc tax-deductible?
Northern Ohio Lmc is registered as a tax-exempt nonprofit (EIN: 274188406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Northern Ohio Lmc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Northern Ohio Lmc's revenue has grown by 308.2%, moving from $2.1M to $8.4M. Total assets increased by 576.2% over the same period, from $38K to $260K. Total functional expenses rose by 309.5%, from $2.1M to $8.4M. In its most recent filing year (2023), Northern Ohio Lmc reported a surplus of $441, with revenue exceeding expenses. The organization holds $132K in liabilities against $260K in assets (debt-to-asset ratio: 50.7%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.4M | $8.4M | $260K | $132K | — | View 990 |
| 2022 | $8.8M | $8.8M | $236K | $108K | — | View 990 |
| 2021 | $8.0M | $8.0M | $230K | $117K | — | View 990 |
| 2020 | $7.3M | $7.3M | $205K | $109K | — | — |
| 2019 | $6.7M | $6.7M | $159K | $80K | — | View 990 |
| 2018 | $6.5M | $6.5M | $731K | $667K | — | View 990 |
| 2017 | $5.5M | $5.5M | $105K | $54K | — | — |
| 2016 | $5.4M | $5.3M | $437K | $398K | — | View 990 |
| 2015 | $4.4M | $4.3M | $463K | $449K | — | View 990 |
| 2014 | $3.4M | $3.3M | $52K | $42K | — | View 990 |
| 2013 | $2.1M | $2.1M | $38K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.4M, expenses of $8.4M, and assets of $260K (revenue -3.8% year-over-year).
- 2022: Revenue of $8.8M, expenses of $8.8M, and assets of $236K (revenue +9.7% year-over-year).
- 2021: Revenue of $8.0M, expenses of $8.0M, and assets of $230K (revenue +8.9% year-over-year).
- 2020: Revenue of $7.3M, expenses of $7.3M, and assets of $205K (revenue +9.2% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.7M, and assets of $159K (revenue +3.4% year-over-year).
- 2018: Revenue of $6.5M, expenses of $6.5M, and assets of $731K (revenue +17.2% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.5M, and assets of $105K (revenue +3.5% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.3M, and assets of $437K (revenue +23.1% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.3M, and assets of $463K (revenue +29.6% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.3M, and assets of $52K (revenue +62.4% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $38K.
Data Sources and Methodology
This transparency report for Northern Ohio Lmc 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.