Parents As Teachers Of Lake County
EIN: 352109773 · Hammond, IN
Is Parents As Teachers Of Lake County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parents As Teachers Of Lake County
Parents As Teachers Of Lake County (EIN: 352109773) is a nonprofit organization based in Hammond, IN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parents As Teachers Of Lake County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parents As Teachers Of Lake County is a small nonprofit, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of -22.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $374K |
| Total Expenses | $391K |
| Surplus / Deficit | $-17,559 |
| Total Assets | $82K |
| Total Liabilities | $36K |
| Net Assets | $46K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 44.2% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2017, Parents As Teachers Of Lake County reported a deficit of $18K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 44.2% (moderate leverage).
Financial Trends
Over 6 years of filings (2012–2017), Parents As Teachers Of Lake County's revenue has declined at a compound annual growth rate (CAGR) of -22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +2.9% | +7.0% | -8.5% |
| 2016 | +4.9% | +5.1% | -2.0% |
| 2015 | -15.8% | -24.6% | -7.2% |
| 2014 | -52.6% | -56.4% | -43.4% |
| 2013 | -35.9% | -25.4% | -42.1% |
AI Analysis Pending
AI enrichment for Parents As Teachers Of Lake County 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 Parents As Teachers Of Lake County 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.2%.
Frequently Asked Questions about Parents As Teachers Of Lake County
Is Parents As Teachers Of Lake County a legitimate charity?
Based on AI analysis of IRS 990 filings, Parents As Teachers Of Lake County (EIN: 352109773) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parents As Teachers Of Lake County spend its money?
Detailed spending breakdown data is not yet available for Parents As Teachers Of Lake County. Check back for updated IRS 990 analysis.
Are donations to Parents As Teachers Of Lake County tax-deductible?
Parents As Teachers Of Lake County is registered as a tax-exempt nonprofit (EIN: 352109773). 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 Parents As Teachers Of Lake County showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Parents As Teachers Of Lake County's revenue has declined by 72.4%, moving from $1.4M to $374K. Total assets decreased by 72.7% over the same period, from $299K to $82K. Total functional expenses fell by 72.4%, from $1.4M to $391K. In its most recent filing year (2017), Parents As Teachers Of Lake County reported a deficit of $18K, with expenses exceeding revenue. The organization holds $36K in liabilities against $82K in assets (debt-to-asset ratio: 44.2%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $374K | $391K | $82K | $36K | — | View 990 |
| 2016 | $363K | $366K | $89K | $26K | — | View 990 |
| 2015 | $346K | $348K | $91K | $25K | — | View 990 |
| 2014 | $411K | $461K | $98K | $30K | — | View 990 |
| 2013 | $866K | $1.1M | $173K | $54K | — | View 990 |
| 2012 | $1.4M | $1.4M | $299K | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $374K, expenses of $391K, and assets of $82K (revenue +2.9% year-over-year).
- 2016: Revenue of $363K, expenses of $366K, and assets of $89K (revenue +4.9% year-over-year).
- 2015: Revenue of $346K, expenses of $348K, and assets of $91K (revenue -15.8% year-over-year).
- 2014: Revenue of $411K, expenses of $461K, and assets of $98K (revenue -52.6% year-over-year).
- 2013: Revenue of $866K, expenses of $1.1M, and assets of $173K (revenue -35.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $299K.
Data Sources and Methodology
This transparency report for Parents As Teachers 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.