Jon And Sonja Laidig Foundation Inc
EIN: 352037144 · South Bend, IN · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $373K |
| Net Assets | $8.1M |
Is Jon And Sonja Laidig Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jon And Sonja Laidig Foundation Inc
Jon And Sonja Laidig Foundation Inc (EIN: 352037144) is a nonprofit organization based in South Bend, IN, classified under NTEE code T20Z. The organization reported total revenue of $6.3M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jon And Sonja Laidig Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jon And Sonja Laidig Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $372K |
| Total Expenses | $373K |
| Surplus / Deficit | $-990 |
| Total Assets | $8.5M |
| Total Liabilities | $376K |
| Net Assets | $8.1M |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 272.2 months |
Financial Health Grade: B
In 2024, Jon And Sonja Laidig Foundation Inc reported a deficit of $990 with expenses exceeding revenue, holds 272.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Jon And Sonja Laidig Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.5% | -10.2% | +3.9% |
| 2023 | -33.4% | -41.6% | +1.3% |
| 2022 | +21.5% | +235.1% | -14.8% |
| 2021 | +23.1% | -58.4% | +24.0% |
| 2020 | +81.5% | -1.9% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jon And Sonja Laidig Foundation Inc 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 Jon And Sonja Laidig Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $990, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.4%.
Frequently Asked Questions about Jon And Sonja Laidig Foundation Inc
Is Jon And Sonja Laidig Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jon And Sonja Laidig Foundation Inc (EIN: 352037144) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jon And Sonja Laidig Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Jon And Sonja Laidig Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Jon And Sonja Laidig Foundation Inc tax-deductible?
Jon And Sonja Laidig Foundation Inc is registered as a tax-exempt nonprofit (EIN: 352037144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jon And Sonja Laidig Foundation Inc located?
Jon And Sonja Laidig Foundation Inc is headquartered in South Bend, Indiana and files with the IRS under EIN 352037144. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Jon And Sonja Laidig Foundation Inc have?
Jon And Sonja Laidig Foundation Inc has 13 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 $6.3M in total revenue.
Filing History
IRS 990 filing history for Jon And Sonja Laidig Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Jon And Sonja Laidig Foundation Inc's revenue has grown by 10.8%, moving from $335K to $372K. Total assets increased by 17.9% over the same period, from $7.2M to $8.5M. Total functional expenses rose by 50.8%, from $247K to $373K. In its most recent filing year (2024), Jon And Sonja Laidig Foundation Inc reported a deficit of $990, with expenses exceeding revenue. The organization holds $376K in liabilities against $8.5M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $372K | $373K | $8.5M | $376K | — | — |
| 2023 | $474K | $415K | $8.1M | $560K | — | View 990 |
| 2022 | $711K | $710K | $8.0M | $643K | — | View 990 |
| 2021 | $585K | $212K | $9.4M | $440K | — | — |
| 2020 | $475K | $510K | $7.6M | $730K | — | View 990 |
| 2019 | $262K | $520K | $7.6M | $720K | — | View 990 |
| 2018 | $737K | $795K | $7.7M | $760K | — | — |
| 2017 | $260K | $546K | $7.5M | $403K | — | View 990 |
| 2016 | $297K | $195K | $1.8M | $1.3M | — | View 990 |
| 2015 | $586K | $544K | $7.6M | $500K | — | View 990 |
| 2014 | $746K | $392K | $8.0M | $600K | — | View 990 |
| 2013 | $407K | $402K | $7.5M | $703K | — | View 990 |
| 2012 | $335K | $247K | $7.2M | $700K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $372K, expenses of $373K, and assets of $8.5M (revenue -21.5% year-over-year).
- 2023: Revenue of $474K, expenses of $415K, and assets of $8.1M (revenue -33.4% year-over-year).
- 2022: Revenue of $711K, expenses of $710K, and assets of $8.0M (revenue +21.5% year-over-year).
- 2021: Revenue of $585K, expenses of $212K, and assets of $9.4M (revenue +23.1% year-over-year).
- 2020: Revenue of $475K, expenses of $510K, and assets of $7.6M (revenue +81.5% year-over-year).
- 2019: Revenue of $262K, expenses of $520K, and assets of $7.6M (revenue -64.4% year-over-year).
- 2018: Revenue of $737K, expenses of $795K, and assets of $7.7M (revenue +183.6% year-over-year).
- 2017: Revenue of $260K, expenses of $546K, and assets of $7.5M (revenue -12.7% year-over-year).
- 2016: Revenue of $297K, expenses of $195K, and assets of $1.8M (revenue -49.3% year-over-year).
- 2015: Revenue of $586K, expenses of $544K, and assets of $7.6M (revenue -21.5% year-over-year).
- 2014: Revenue of $746K, expenses of $392K, and assets of $8.0M (revenue +83.3% year-over-year).
- 2013: Revenue of $407K, expenses of $402K, and assets of $7.5M (revenue +21.4% year-over-year).
- 2012: Revenue of $335K, expenses of $247K, and assets of $7.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jon And Sonja Laidig Foundation Inc:
Data Sources and Methodology
This transparency report for Jon And Sonja Laidig Foundation Inc 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.