Lambs Residence No 2 Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Lambs Residence No 2 Inc is a 501(c)(3) organization based in Libertyville, Illinois, registered in 1978, with $1,124,089 in FY2023 revenue. CharityIndex grades it C+.
Po Box 520, Libertyville, IL, 60048 EIN 36-2971592 Since 1978
Revenue (FY2023)
$1.1M
▲ 18.2% vs prior year
Expenses (FY2023)
$963K
Net assets
$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lambs Residence No 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating39 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lambs Residence No 2 Inc: 39 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lambs Residence No 2 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lambs Residence No 2 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 520, Libertyville, IL, 60048
- City
- Libertyville
- State
- Illinois
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $1.1M (FY2013) to $1.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.6MNet assets $3.1M
Operating margin
14.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$1.6M
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,124,089▲18.2% | $963,077▲4.2% | $3,117,090▲5.4% | $4,678,837▲2.4% | 990 |
| 2022 | $951,126▼9.0% | $924,682▼1.0% | $2,956,078▲0.9% | $4,568,231▲5.3% | 990 |
| 2021 | $1,044,751▼9.9% | $934,002▲16.5% | $2,929,634▲3.9% | $4,340,171▲4.2% | 990 |
| 2020 | $1,159,150▼1.2% | $801,383▼11.5% | $2,818,885▲14.5% | $4,165,087▲8.7% | 990 |
| 2019 | $1,172,686▲2.5% | $905,412▼11.6% | $2,461,118▲12.2% | $3,830,226▲2.1% | 990 |
| 2018 | $1,143,559▲3.7% | $1,024,265▼1.1% | $2,193,844▲5.8% | $3,751,678▼1.5% | 990 |
| 2017 | $1,103,090▼0.1% | $1,035,754▲0.8% | $2,074,550▲3.4% | $3,807,545▼2.6% | 990 |
| 2016 | $1,103,717▲1.5% | $1,027,567▲0.8% | $2,007,214▲3.9% | $3,907,691▼3.9% | 990 |
| 2015 | $1,087,389▼0.4% | $1,019,322▼3.5% | $1,931,064▲3.7% | $4,068,169▼0.2% | 990 |
| 2014 | $1,091,694▲1.2% | $1,056,248▲3.0% | $1,862,997▲1.9% | $4,078,314▼2.8% | 990 |
| 2013 | $1,078,984 | $1,025,603▼3.3% | $1,827,551▲3.0% | $4,196,528▼3.1% | 990 |
| 2012 | — | $1,061,143▲2.4% | $1,774,170▲0.1% | $4,330,548▼1.5% | 990 |
| 2011 | — | $1,036,197▼0.6% | $1,771,702▼1.1% | $4,398,464▼2.0% | 990 |
| 2010 | — | $1,041,930 | $1,792,200 | $4,489,836 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Lambs Residence No 2 Inc a legitimate nonprofit?
- Yes. Lambs Residence No 2 Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2971592, based in Libertyville, Illinois. Donations are tax-deductible.
- What is Lambs Residence No 2 Inc's EIN?
- Lambs Residence No 2 Inc's Employer Identification Number (EIN) is 36-2971592.
- How much revenue does Lambs Residence No 2 Inc report?
- Lambs Residence No 2 Inc reported $1,124,089 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lambs Residence No 2 Inc have?
- CharityIndex grades Lambs Residence No 2 Inc C+, based on financial health (reserves and operating margin).
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Data for Lambs Residence No 2 Inc (EIN 36-2971592) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.