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Nonprofit · EIN 52-1255891

LOTUS LTD

Tax-exempt · BRADENTON, FL 34209

Financials

$44K$60K2023$41K$35K2024$48K$22K2025
Revenue Expenses · by fiscal year end
Financials of LOTUS LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$47,841$21,857$25,984$114,972$0$114,972
December 31, 2024990-EZ$41,243$34,728$6,515$88,988$0$88,988
December 31, 2023990-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.

NameTitleHours / weekCompensation
Ross RobbinsPresident0$0
Walter IrvineVice President0$0
Cora GregorieCorresponding Secretary0$0
Matt NesbittRecording Secretary0$0
Karl EvansTreasurer0$0
Gabrielle SchmaudererDirector0$0
Mark SchmidtDirector0$0
Chris LindleyDirector0$0
990-EZ for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
Ross RobbinsPresident0$0
Walter IrvineVice President0$0
Cora GregorieCorresponding Secretary0$0
Matt NesbittRecording Secretary0$0
Karl EvansTreasurer0$0
Mark FrankeDirector0$0
Mark SchmidtDirector0$0
Chris LindleyDirector0$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Doug MillerPresident0$0
Walter IrvineVice President0$0
Cora GregorieCorresponding Secretary0$0
Jim RobertsRecording Secretary0$0
Chris LindleyTreasurer0$0
Rose PerryDirector0$0
Bob MetzDirector0$0
Chris WaggettDirector0$0
Ross RobbinsDirector0$0
Mick OpalakDirector0$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

Mission

Promotes enjoyment of Lotus automobiles through membership and club sponsored activities to include national and local meetings and a club magazine

990-EZ for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$47,841$21,857$114,972XML
990-EZDecember 2024$41,243$34,728$88,988XML
990-EZDecember 2023$44,429$59,874$82,473XML
990-EZDecember 2022–––IRS
990-EZDecember 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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