Long Island Reef Association - Lira Inc is a 501(c)(3) organization based in Smithtown, New York, registered in 2016, with $14,313 in FY2021 revenue. CharityIndex grades it C+.
Revenue (FY2021)
$14K
▲ 133.8% vs prior year
Human Services median: $293K
Expenses (FY2021)
$13K
Net assets
$25K
Employees
—
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 →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 Long Island Reef Association - Lira Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Long Island Reef Association - Lira Inc: 24 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
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 Long Island Reef Association - Lira Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Long Island Reef Association - Lira Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $6,966 (FY2016) to $14K (FY2021) across 5 reported years.
Financial snapshot
Operating margin
9.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$25K
Total liabilities
$0
Net assets
$25K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $14,313▲134% | $12,910▲0.2% | $25,414▲5.8% | $25,414▲5.8% | 990EZ |
| 2020 | $6,123▼73.6% | $12,882▲47.0% | $24,011▼22.0% | $24,011▼22.0% | 990EZ |
| 2019 | $23,157▲86.9% | $8,761▲115% | $30,770▲87.9% | $30,770▲87.9% | 990EZ |
| 2018 | $12,391▲77.9% | $4,072▼49.6% | $16,374▲1563% | $16,374 | 990EZ |
| 2016 | $6,966 | $8,085 | -$1,119 | $0 | 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.
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Data for Long Island Reef Association - Lira Inc (EIN 56-2419049) 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.