Random Lake Education Foundation Inc
EIN: 274270215 · Random Lake, WI · NTEE: B122
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $121K |
| Net Assets | $548K |
Is Random Lake Education Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Random Lake Education Foundation Inc
Random Lake Education Foundation Inc (EIN: 274270215) is a nonprofit organization based in Random Lake, WI, classified under NTEE code B122. The organization reported total revenue of $126K and total assets of $564K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Random Lake Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Random Lake Education Foundation Inc is a small nonprofit that has been operating for 14 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -43.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $121K |
| Surplus / Deficit | $-19,816 |
| Total Assets | $548K |
| Net Assets | $548K |
| Operating Margin | -19.6% |
| Months of Reserves | 54.3 months |
Financial Health Grade: B
In 2023, Random Lake Education Foundation Inc reported a deficit of $20K with expenses exceeding revenue, holds 54.3 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Random Lake Education Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -43.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.2% | -7.7% | +6.4% |
| 2022 | -64.9% | -10.1% | -15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Random Lake Education Foundation Inc 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 Random Lake Education Foundation Inc 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 deficit of $20K, with expenses exceeding revenue.
Frequently Asked Questions about Random Lake Education Foundation Inc
Is Random Lake Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Random Lake Education Foundation Inc (EIN: 274270215) insufficient data. 0 red flags identified, 0 strengths noted.
How does Random Lake Education Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Random Lake Education Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Random Lake Education Foundation Inc tax-deductible?
Random Lake Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 274270215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Random Lake Education Foundation Inc located?
Random Lake Education Foundation Inc is headquartered in Random Lake, Wisconsin and files with the IRS under EIN 274270215. It is classified under NTEE code B122.
How many years of IRS 990 filings does Random Lake Education Foundation Inc have?
Random Lake Education Foundation Inc has 3 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 $126K in total revenue.
Filing History
IRS 990 filing history for Random Lake Education Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Random Lake Education Foundation Inc's revenue has declined by 68.1%, moving from $318K to $101K. Total assets decreased by 10% over the same period, from $609K to $548K. Total functional expenses fell by 17.1%, from $146K to $121K. In its most recent filing year (2023), Random Lake Education Foundation Inc reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $121K | $548K | $0 | — | View 990 |
| 2022 | $112K | $131K | $515K | $0 | — | View 990 |
| 2021 | $318K | $146K | $609K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $121K, and assets of $548K (revenue -9.2% year-over-year).
- 2022: Revenue of $112K, expenses of $131K, and assets of $515K (revenue -64.9% year-over-year).
- 2021: Revenue of $318K, expenses of $146K, and assets of $609K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Random Lake Education Foundation Inc:
Data Sources and Methodology
This transparency report for Random Lake Education Foundation 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.