Steven J And Kalleen Lund Foundation
EIN: 870565417 · Provo, UT · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $19K |
| Net Assets | $172K |
Is Steven J And Kalleen Lund Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steven J And Kalleen Lund Foundation
Steven J And Kalleen Lund Foundation (EIN: 870565417) is a nonprofit organization based in Provo, UT, classified under NTEE code T22Z. The organization reported total revenue of $2K and total assets of $172K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steven J And Kalleen Lund Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steven J And Kalleen Lund Foundation is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $19K |
| Surplus / Deficit | $-6,872 |
| Total Assets | $172K |
| Total Liabilities | $1 |
| Net Assets | $172K |
| Operating Margin | -57.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 109.7 months |
Financial Health Grade: B
In 2023, Steven J And Kalleen Lund Foundation reported a deficit of $7K with expenses exceeding revenue, holds 109.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Steven J And Kalleen Lund Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.6% | -79.4% | -3.8% |
| 2022 | +221.5% | +4327.9% | -24.3% |
| 2021 | +15.3% | +161.4% | +3.7% |
| 2020 | -3.8% | +24.0% | +3.8% |
| 2019 | -7.2% | -99.2% | +195.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Steven J And Kalleen Lund Foundation 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 Steven J And Kalleen Lund Foundation 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Steven J And Kalleen Lund Foundation
Is Steven J And Kalleen Lund Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Steven J And Kalleen Lund Foundation (EIN: 870565417) insufficient data. 0 red flags identified, 0 strengths noted.
How does Steven J And Kalleen Lund Foundation spend its money?
Detailed spending breakdown data is not yet available for Steven J And Kalleen Lund Foundation. Check back for updated IRS 990 analysis.
Are donations to Steven J And Kalleen Lund Foundation tax-deductible?
Steven J And Kalleen Lund Foundation is registered as a tax-exempt nonprofit (EIN: 870565417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Steven J And Kalleen Lund Foundation located?
Steven J And Kalleen Lund Foundation is headquartered in Provo, Utah and files with the IRS under EIN 870565417. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Steven J And Kalleen Lund Foundation have?
Steven J And Kalleen Lund Foundation has 10 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 $2K in total revenue.
Filing History
IRS 990 filing history for Steven J And Kalleen Lund Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Steven J And Kalleen Lund Foundation's revenue has grown by 133.2%, moving from $5K to $12K. Total assets decreased by 23.4% over the same period, from $225K to $172K. Total functional expenses fell by 16.4%, from $23K to $19K. In its most recent filing year (2023), Steven J And Kalleen Lund Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $172K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $19K | $172K | $1 | — | — |
| 2022 | $34K | $91K | $179K | $1 | — | View 990 |
| 2021 | $11K | $2K | $237K | $1 | — | — |
| 2020 | $9K | $790 | $228K | $1 | — | View 990 |
| 2019 | $9K | $637 | $220K | $1 | — | — |
| 2015 | $10K | $80K | $74K | $1 | — | View 990 |
| 2014 | $10K | $40K | $144K | $1 | — | View 990 |
| 2013 | $9K | $40K | $174K | $1 | — | View 990 |
| 2012 | $6K | $26K | $205K | $1 | — | View 990 |
| 2011 | $5K | $23K | $225K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $19K, and assets of $172K (revenue -64.6% year-over-year).
- 2022: Revenue of $34K, expenses of $91K, and assets of $179K (revenue +221.5% year-over-year).
- 2021: Revenue of $11K, expenses of $2K, and assets of $237K (revenue +15.3% year-over-year).
- 2020: Revenue of $9K, expenses of $790, and assets of $228K (revenue -3.8% year-over-year).
- 2019: Revenue of $9K, expenses of $637, and assets of $220K (revenue -7.2% year-over-year).
- 2015: Revenue of $10K, expenses of $80K, and assets of $74K (revenue +0.6% year-over-year).
- 2014: Revenue of $10K, expenses of $40K, and assets of $144K (revenue +13.7% year-over-year).
- 2013: Revenue of $9K, expenses of $40K, and assets of $174K (revenue +44.9% year-over-year).
- 2012: Revenue of $6K, expenses of $26K, and assets of $205K (revenue +20.3% year-over-year).
- 2011: Revenue of $5K, expenses of $23K, and assets of $225K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steven J And Kalleen Lund Foundation:
Data Sources and Methodology
This transparency report for Steven J And Kalleen Lund Foundation 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.