L G Balfour Foundation
L G Balfour Foundation: Consistent Grantmaking, Minimal Overhead
EIN: 222751372 · Dallas, TX · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $44.5M |
| Total Expenses | $6.7M |
| Program Spending | 90% |
| Net Assets | $114.4M |
| Transparency Score | 85/100 |
Is L G Balfour Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
L G Balfour Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About L G Balfour Foundation
L G Balfour Foundation (EIN: 222751372) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $44.5M and total assets of $116.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of L G Balfour Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
L G Balfour Foundation is a large nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $6.7M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $114.4M |
| Total Liabilities | $1 |
| Net Assets | $114.4M |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 204.9 months |
Financial Health Grade: A
In 2024, L G Balfour Foundation reported a surplus of $1.2M with revenue exceeding expenses, holds 204.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), L G Balfour Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.8% | -11.0% | +1.0% |
| 2023 | -46.5% | +10.6% | -0.1% |
| 2022 | +38.5% | +6.6% | +4.8% |
| 2021 | +90.1% | +2.8% | +3.7% |
| 2020 | +42.3% | +13.9% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates L G Balfour Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, L G Balfour Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is either minimal or not applicable for this type of foundation, which is a positive indicator for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for L G Balfour Foundation:
- Consistent grantmaking activity over many years, indicating stable operations.
- Very low administrative and fundraising expenses, maximizing funds for programs.
- Significant asset base (over $100 million) provides long-term stability for its mission.
- Positive trend in assets, growing from $97.7 million in 2014 to $114.4 million in 2024.
Frequently Asked Questions about L G Balfour Foundation
Is L G Balfour Foundation a legitimate charity?
L G Balfour Foundation (EIN: 222751372) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $44.5M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does L G Balfour Foundation spend its money?
L G Balfour Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to L G Balfour Foundation tax-deductible?
L G Balfour Foundation is registered as a tax-exempt nonprofit (EIN: 222751372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of L G Balfour Foundation's spending goes to programs?
L G Balfour Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is L G Balfour Foundation located?
L G Balfour Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 222751372.
How many years of IRS 990 filings does L G Balfour Foundation have?
L G Balfour Foundation has 10 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 $44.5M in total revenue.
What does L G Balfour Foundation do?
L G Balfour Foundation is a nonprofit organization in the Unknown sector, located in Dallas, Texas. It is classified under NTEE code Unknown.
How much revenue does L G Balfour Foundation have?
L G Balfour Foundation reported total revenue of $44,469,177. Based on 10 IRS 990 filings on record.
What are L G Balfour Foundation's total assets?
L G Balfour Foundation holds total assets of $116,260,773 as reported in IRS 990 filings.
Where is L G Balfour Foundation located?
L G Balfour Foundation is based in Dallas, Texas.
What is L G Balfour Foundation's EIN?
L G Balfour Foundation's Employer Identification Number (EIN) is 222751372. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is L G Balfour Foundation?
L G Balfour Foundation is classified under NTEE code Unknown (Unknown).
Is L G Balfour Foundation a registered 501(c)(3)?
L G Balfour Foundation appears in IRS records (EIN: 222751372). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does L G Balfour Foundation file IRS Form 990?
Yes, L G Balfour Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was L G Balfour Foundation's revenue in 2024?
In the 202403 filing period, L G Balfour Foundation reported total revenue of $7,859,925, total expenses of $6,702,107, and net assets of $114,411,390.
Is L G Balfour Foundation's revenue growing or declining?
L G Balfour Foundation's revenue is growing. Revenue went from $7,029,251 (202303) to $7,859,925 (202403), a +11.8% change. Based on 10 filings on record.
What is L G Balfour Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for L G Balfour Foundation covers tax period 202403. It shows revenue of $7,859,925, expenses of $6,702,107, total assets of $114,411,390, and liabilities of $1.
How much does L G Balfour Foundation spend on programs vs administration?
Based on IRS 990 analysis, L G Balfour Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is L G Balfour Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, L G Balfour Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are L G Balfour Foundation's strengths?
Positive indicators for L G Balfour Foundation include: Consistent grantmaking activity over many years, indicating stable operations.. Very low administrative and fundraising expenses, maximizing funds for programs.. Significant asset base (over $100 million) provides long-term stability for its mission.. Positive trend in assets, growing from $97.7 million in 2014 to $114.4 million in 2024.. These findings are derived from AI analysis of the organization's financial filings.
How does L G Balfour Foundation compensate executives?
Executive compensation is not reported in the provided data, suggesting it is either minimal or not applicable for this type of foundation, which is a positive indicator for resource allocation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is L G Balfour Foundation?
• The foundation consistently reports its financial data through IRS Form 990 filings, available for multiple years. • Detailed breakdowns of revenue, expenses, and assets are provided, indicating a commitment to financial transparency. • The organization's filings show a clear focus on grantmaking activities, with administrative and fundraising costs kept low. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent grantmaking and low overhead, what is the primary mechanism through which the L G Balfour Foundation achieves its programmatic goals?
The L G Balfour Foundation primarily achieves its programmatic goals through direct grantmaking, as evidenced by the high percentage of expenses allocated to programs (e.g., 'x' values in filings represent total expenses, with a significant portion likely being grants, given the low 'a' and 'f' percentages).
How does the foundation's asset growth compare to its revenue fluctuations over the past decade, and what does this suggest about its financial strategy?
While revenue ('r') has fluctuated significantly (e.g., $15M in 2015 vs. $4.9M in 2020), the foundation's assets ('a') have shown a consistent upward trend, growing from $97.7M in 2014 to $114.4M in 2024. This suggests a conservative financial strategy focused on long-term asset preservation and growth, likely through investment returns, rather than solely relying on annual revenue for operations.
Filing History
IRS 990 filing history for L G Balfour Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), L G Balfour Foundation's revenue has grown by 45.8%, moving from $5.4M to $7.9M. Total assets increased by 27.4% over the same period, from $89.8M to $114.4M. Total functional expenses rose by 35.1%, from $5.0M to $6.7M. In its most recent filing year (2024), L G Balfour Foundation reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $1 in liabilities against $114.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $114.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.9M | $6.7M | $114.4M | $1 | — | View 990 |
| 2023 | $7.0M | $7.5M | $113.3M | $1 | — | View 990 |
| 2022 | $13.1M | $6.8M | $113.4M | $1 | — | View 990 |
| 2021 | $9.5M | $6.4M | $108.2M | $1 | — | — |
| 2020 | $5.0M | $6.2M | $104.3M | $1 | — | View 990 |
| 2016 | $3.5M | $5.5M | $105.0M | $0 | — | View 990 |
| 2015 | $15.0M | $6.0M | $106.7M | $0 | — | View 990 |
| 2014 | $9.4M | $6.8M | $97.8M | $0 | — | View 990 |
| 2013 | $10.4M | $5.2M | $95.2M | $0 | — | View 990 |
| 2012 | $5.4M | $5.0M | $89.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.9M, expenses of $6.7M, and assets of $114.4M (revenue +11.8% year-over-year).
- 2023: Revenue of $7.0M, expenses of $7.5M, and assets of $113.3M (revenue -46.5% year-over-year).
- 2022: Revenue of $13.1M, expenses of $6.8M, and assets of $113.4M (revenue +38.5% year-over-year).
- 2021: Revenue of $9.5M, expenses of $6.4M, and assets of $108.2M (revenue +90.1% year-over-year).
- 2020: Revenue of $5.0M, expenses of $6.2M, and assets of $104.3M (revenue +42.3% year-over-year).
- 2016: Revenue of $3.5M, expenses of $5.5M, and assets of $105.0M (revenue -76.7% year-over-year).
- 2015: Revenue of $15.0M, expenses of $6.0M, and assets of $106.7M (revenue +59.6% year-over-year).
- 2014: Revenue of $9.4M, expenses of $6.8M, and assets of $97.8M (revenue -9.4% year-over-year).
- 2013: Revenue of $10.4M, expenses of $5.2M, and assets of $95.2M (revenue +92.6% year-over-year).
- 2012: Revenue of $5.4M, expenses of $5.0M, and assets of $89.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for L G Balfour Foundation:
Data Sources and Methodology
This transparency report for L G Balfour Foundation 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.