Lafayette A C
Lafayette A C shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 20221121 · Nashua, NH · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $582K |
| Program Spending | 80% |
| Net Assets | $883K |
| Transparency Score | 85/100 |
Is Lafayette A C Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lafayette A C directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lafayette A C
Lafayette A C (EIN: 20221121) is a nonprofit organization based in Nashua, NH, classified under NTEE code N50. The organization reported total revenue of $1.1M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lafayette A C's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lafayette A C is a mid-size nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $675K |
| Total Expenses | $582K |
| Surplus / Deficit | +$93K |
| Total Assets | $890K |
| Total Liabilities | $6K |
| Net Assets | $883K |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2024, Lafayette A C reported a surplus of $93K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 8 years of filings (2017–2024), Lafayette A C's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.7% | -0.6% | +12.4% |
| 2023 | -0.6% | +12.5% | +8.9% |
| 2022 | +10.8% | +4.9% | +19.5% |
| 2021 | +16.7% | +0.8% | +15.6% |
| 2020 | -23.9% | -7.2% | +4.4% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lafayette A C 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lafayette A C allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all eight filings, indicating that its leadership is either entirely volunteer or compensated through non-officer categories, which is a strong positive for donor perception and financial efficiency.
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.
Red Flags
The following concerns were identified during AI analysis of Lafayette A C's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- NTEE code N50 is broad, making specific program impact assessment difficult without more information
Strengths
The following positive indicators were identified for Lafayette A C:
- Consistent revenue growth from $536,628 (2017) to $675,248 (2024)
- Significant asset growth from $284,594 (2017) to $889,575 (2024)
- Consistent operational surplus, indicating sound financial management
- 0% reported officer compensation across all filings, suggesting high efficiency or volunteer leadership
- Low liabilities relative to assets (e.g., $6,319 liabilities vs. $889,575 assets in 2024)
Frequently Asked Questions about Lafayette A C
Is Lafayette A C a legitimate charity?
Lafayette A C (EIN: 20221121) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Lafayette A C spend its money?
Lafayette A C directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lafayette A C tax-deductible?
Lafayette A C is registered as a tax-exempt nonprofit (EIN: 20221121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lafayette A C's spending goes to programs?
Lafayette A C directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lafayette A C compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lafayette A C is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lafayette A C located?
Lafayette A C is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20221121. It is classified under NTEE code N50.
How many years of IRS 990 filings does Lafayette A C have?
Lafayette A C has 8 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 $1.1M in total revenue.
What specific programs does Lafayette A C operate given its NTEE code N50?
The NTEE code N50 typically refers to 'Recreational, Leisure, & Sports, General'. Without further detail in the provided data, the specific programs remain unclear, but they likely fall within this broad category.
How does Lafayette A C manage to operate without any reported officer compensation?
The consistent 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is categorized differently within their financial statements, such as general salaries and wages, rather than specifically as officer compensation.
What is the organization's strategy for accumulating assets, and how are these assets utilized?
Lafayette A C consistently generates a surplus, with revenue exceeding expenses in every reported period (e.g., $675,248 revenue vs. $581,806 expenses in 2024). This surplus contributes to the steady growth of its assets, which increased from $284,594 in 2017 to $889,575 in 2024. The specific utilization of these assets is not detailed in the provided data, but they likely support operational stability and future initiatives.
Filing History
IRS 990 filing history for Lafayette A C showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2017–2024), Lafayette A C's revenue has grown by 25.8%, moving from $537K to $675K. Total assets increased by 212.6% over the same period, from $285K to $890K. Total functional expenses rose by 28.9%, from $452K to $582K. In its most recent filing year (2024), Lafayette A C reported a surplus of $93K, with revenue exceeding expenses. The organization holds $6K in liabilities against $890K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $883K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $675K | $582K | $890K | $6K | — | — |
| 2023 | $639K | $585K | $791K | $1K | — | View 990 |
| 2022 | $643K | $521K | $727K | $1K | — | View 990 |
| 2021 | $580K | $496K | $608K | $2K | — | View 990 |
| 2020 | $497K | $492K | $526K | $423 | — | View 990 |
| 2019 | $653K | $530K | $504K | $0 | — | View 990 |
| 2018 | $623K | $526K | $381K | $0 | — | View 990 |
| 2017 | $537K | $452K | $285K | $360 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $675K, expenses of $582K, and assets of $890K (revenue +5.7% year-over-year).
- 2023: Revenue of $639K, expenses of $585K, and assets of $791K (revenue -0.6% year-over-year).
- 2022: Revenue of $643K, expenses of $521K, and assets of $727K (revenue +10.8% year-over-year).
- 2021: Revenue of $580K, expenses of $496K, and assets of $608K (revenue +16.7% year-over-year).
- 2020: Revenue of $497K, expenses of $492K, and assets of $526K (revenue -23.9% year-over-year).
- 2019: Revenue of $653K, expenses of $530K, and assets of $504K (revenue +4.9% year-over-year).
- 2018: Revenue of $623K, expenses of $526K, and assets of $381K (revenue +16.0% year-over-year).
- 2017: Revenue of $537K, expenses of $452K, and assets of $285K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lafayette A C:
Data Sources and Methodology
This transparency report for Lafayette A C 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.