Friends Of Lafayette House
EIN: 822815239 · Portsmouth, NH · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $931K |
| Total Expenses | $540K |
| Net Assets | $483K |
Is Friends Of Lafayette House Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Lafayette House
Friends Of Lafayette House (EIN: 822815239) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code T11. The organization reported total revenue of $931K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Lafayette House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Lafayette House is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 91.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $729K |
| Total Expenses | $540K |
| Surplus / Deficit | +$189K |
| Total Assets | $762K |
| Total Liabilities | $279K |
| Net Assets | $483K |
| Operating Margin | 25.9% |
| Debt-to-Asset Ratio | 36.6% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Friends Of Lafayette House reported a surplus of $189K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.6% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Friends Of Lafayette House's revenue has grown at a compound annual growth rate (CAGR) of 91.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.9% | +12.4% | +34.2% |
| 2022 | +11.8% | +16.1% | +6.7% |
| 2021 | +5.7% | +12.1% | +30.8% |
| 2020 | +728.4% | +1540.8% | +540.3% |
| 2019 | +84.2% | +48.9% | +87.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Lafayette House 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 Friends Of Lafayette House 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 surplus of $189K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.6%.
Frequently Asked Questions about Friends Of Lafayette House
Is Friends Of Lafayette House a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Lafayette House (EIN: 822815239) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of Lafayette House spend its money?
Detailed spending breakdown data is not yet available for Friends Of Lafayette House. Check back for updated IRS 990 analysis.
Are donations to Friends Of Lafayette House tax-deductible?
Friends Of Lafayette House is registered as a tax-exempt nonprofit (EIN: 822815239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Lafayette House located?
Friends Of Lafayette House is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 822815239. It is classified under NTEE code T11.
How many years of IRS 990 filings does Friends Of Lafayette House have?
Friends Of Lafayette House has 6 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 $931K in total revenue.
Filing History
IRS 990 filing history for Friends Of Lafayette House showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Friends Of Lafayette House's revenue has grown by 2478.1%, moving from $28K to $729K. Total assets increased by 2143.4% over the same period, from $34K to $762K. Total functional expenses rose by 3474.7%, from $15K to $540K. In its most recent filing year (2023), Friends Of Lafayette House reported a surplus of $189K, with revenue exceeding expenses. The organization holds $279K in liabilities against $762K in assets (debt-to-asset ratio: 36.6%), resulting in net assets of $483K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $729K | $540K | $762K | $279K | — | — |
| 2022 | $510K | $481K | $567K | $276K | — | View 990 |
| 2021 | $456K | $414K | $532K | $267K | — | View 990 |
| 2020 | $432K | $369K | $407K | $284K | — | View 990 |
| 2019 | $52K | $23K | $64K | $0 | — | View 990 |
| 2018 | $28K | $15K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $729K, expenses of $540K, and assets of $762K (revenue +42.9% year-over-year).
- 2022: Revenue of $510K, expenses of $481K, and assets of $567K (revenue +11.8% year-over-year).
- 2021: Revenue of $456K, expenses of $414K, and assets of $532K (revenue +5.7% year-over-year).
- 2020: Revenue of $432K, expenses of $369K, and assets of $407K (revenue +728.4% year-over-year).
- 2019: Revenue of $52K, expenses of $23K, and assets of $64K (revenue +84.2% year-over-year).
- 2018: Revenue of $28K, expenses of $15K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Lafayette House:
Data Sources and Methodology
This transparency report for Friends Of Lafayette House 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.