Nonprofit · EIN 52-1255891
LOTUS LTD
Tax-exempt · BRADENTON, FL 34209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $47,841 | $21,857 | $25,984 | $114,972 | $0 | $114,972 |
| December 31, 2024 | 990-EZ | $41,243 | $34,728 | $6,515 | $88,988 | $0 | $88,988 |
| December 31, 2023 | 990-EZ | $44,429 | $59,874 | -$15,445 | $82,473 | $0 | $82,473 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $30,553
- Program service revenue
- $975
- Investment income
- $558
- Net income from fundraising events
- $13,505
- Net income from sales of inventory
- $2,250
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $1,824
- Printing, publications and postage
- $834
- Other expenses
- $19,199
Balance sheet and other
- Total assets, start of year
- $88,988
- Total assets, end of year
- $114,972
- Total liabilities, end of year
- $0
- Net assets, end of year
- $114,972
- Cash, savings and investments
- $114,972
- Gross receipts
- $138,303
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ross Robbins | President | 0 | $0 |
| Walter Irvine | Vice President | 0 | $0 |
| Cora Gregorie | Corresponding Secretary | 0 | $0 |
| Matt Nesbitt | Recording Secretary | 0 | $0 |
| Karl Evans | Treasurer | 0 | $0 |
| Gabrielle Schmauderer | Director | 0 | $0 |
| Mark Schmidt | Director | 0 | $0 |
| Chris Lindley | Director | 0 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ross Robbins | President | 0 | $0 |
| Walter Irvine | Vice President | 0 | $0 |
| Cora Gregorie | Corresponding Secretary | 0 | $0 |
| Matt Nesbitt | Recording Secretary | 0 | $0 |
| Karl Evans | Treasurer | 0 | $0 |
| Mark Franke | Director | 0 | $0 |
| Mark Schmidt | Director | 0 | $0 |
| Chris Lindley | Director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Doug Miller | President | 0 | $0 |
| Walter Irvine | Vice President | 0 | $0 |
| Cora Gregorie | Corresponding Secretary | 0 | $0 |
| Jim Roberts | Recording Secretary | 0 | $0 |
| Chris Lindley | Treasurer | 0 | $0 |
| Rose Perry | Director | 0 | $0 |
| Bob Metz | Director | 0 | $0 |
| Chris Waggett | Director | 0 | $0 |
| Ross Robbins | Director | 0 | $0 |
| Mick Opalak | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6108 WILLOW OAK CIR, BRADENTON, FL 34209-4146
- Signed the 990-EZ
- Karl Evans, Treasurer
- Phone
- (941) 900-1481
- Website
- https://www.lotusltd.org/
Mission
Promotes enjoyment of Lotus automobiles through membership and club sponsored activities to include national and local meetings and a club magazine
Program accomplishments
- Support of approximately 850 members through an annual national meeting that provides educational seminars, car shows and performance driving events, publication of a club magazine and an informational web site designed to benefit membership automobile ownership.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 52-1255891
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $114,972
- Income (IRS master file)
- $138,303
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $47,841 | $21,857 | $114,972 | XML |
| 990-EZ | December 2024 | $41,243 | $34,728 | $88,988 | XML |
| 990-EZ | December 2023 | $44,429 | $59,874 | $82,473 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1255891).
Questions about LOTUS LTD
- What is the EIN of LOTUS LTD?
- The employer identification number (EIN) of LOTUS LTD is 52-1255891.
- Is LOTUS LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1996.
- Are donations to LOTUS LTD tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOTUS LTD file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOTUS LTD due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOTUS LTD last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of LOTUS LTD?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does LOTUS LTD have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $47,841, expenses of $21,857 and total assets of $114,972 at year end.
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