Lafayette Home And School Association D C Public School
EIN: 526049055 · Washington, DC · NTEE: B20J
| Metric | Value |
|---|---|
| Total Revenue | $416K |
| Total Expenses | $222K |
| Net Assets | $521K |
Is Lafayette Home And School Association D C Public School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lafayette Home And School Association D C Public School
Lafayette Home And School Association D C Public School (EIN: 526049055) is a nonprofit organization based in Washington, DC, classified under NTEE code B20J. The organization reported total revenue of $416K and total assets of $619K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lafayette Home And School Association D C Public School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lafayette Home And School Association D C Public School is a small nonprofit that has been operating for 70 years, with 15 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $377K |
| Total Expenses | $222K |
| Surplus / Deficit | +$154K |
| Total Assets | $542K |
| Total Liabilities | $21K |
| Net Assets | $521K |
| Operating Margin | 41.0% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 29.2 months |
Financial Health Grade: A
In 2023, Lafayette Home And School Association D C Public School reported a surplus of $154K with revenue exceeding expenses, holds 29.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 15 years of filings (2010–2023), Lafayette Home And School Association D C Public School's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | -9.6% | +41.7% |
| 2022 | +173.2% | +35.6% | +33.3% |
| 2021 | -62.6% | -24.0% | -22.9% |
| 2020 | -4.6% | -39.7% | +34.5% |
| 2019 | +10.1% | +29.4% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lafayette Home And School Association D C Public School 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 Lafayette Home And School Association D C Public School 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 $154K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Frequently Asked Questions about Lafayette Home And School Association D C Public School
Is Lafayette Home And School Association D C Public School a legitimate charity?
Lafayette Home And School Association D C Public School (EIN: 526049055) is a registered tax-exempt nonprofit based in Washington DC. It has 15 years of IRS 990 filings on record. Total revenue: $416K. No red flags identified. Financial health grade: A.
How does Lafayette Home And School Association D C Public School spend its money?
Lafayette Home And School Association D C Public School reported $416K in total revenue in IRS 990 filings. 15 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lafayette Home And School Association D C Public School tax-deductible?
Lafayette Home And School Association D C Public School is registered as a tax-exempt nonprofit (EIN: 526049055). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lafayette Home And School Association D C Public School located?
Lafayette Home And School Association D C Public School is headquartered in Washington, Washington DC and files with the IRS under EIN 526049055. It is classified under NTEE code B20J.
How many years of IRS 990 filings does Lafayette Home And School Association D C Public School have?
Lafayette Home And School Association D C Public School has 15 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 $416K in total revenue.
Filing History
IRS 990 filing history for Lafayette Home And School Association D C Public School showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2023), Lafayette Home And School Association D C Public School's revenue has grown by 40.1%, moving from $269K to $377K. Total assets increased by 183.7% over the same period, from $191K to $542K. Total functional expenses fell by 22.9%, from $289K to $222K. In its most recent filing year (2023), Lafayette Home And School Association D C Public School reported a surplus of $154K, with revenue exceeding expenses. The organization holds $21K in liabilities against $542K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $521K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $377K | $222K | $542K | $21K | — | View 990 |
| 2022 | $337K | $246K | $382K | $16K | — | View 990 |
| 2021 | $123K | $182K | $287K | $11K | — | — |
| 2020 | $330K | $239K | $372K | $38K | — | — |
| 2019 | $346K | $396K | $276K | $34K | — | View 990 |
| 2018 | $314K | $306K | $310K | $17K | — | View 990 |
| 2017 | $381K | $364K | $307K | $21K | — | — |
| 2017 | $381K | $364K | $307K | $21K | — | View 990 |
| 2016 | $415K | $388K | $275K | $6K | — | View 990 |
| 2015 | $541K | $451K | $242K | $0 | — | View 990 |
| 2014 | $292K | $225K | $257K | $0 | — | View 990 |
| 2013 | $260K | $282K | $39K | $0 | — | View 990 |
| 2012 | $134K | $245K | $114K | $0 | — | View 990 |
| 2011 | $301K | $267K | $225K | $0 | — | View 990 |
| 2010 | $269K | $289K | $191K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $377K, expenses of $222K, and assets of $542K (revenue +11.8% year-over-year).
- 2022: Revenue of $337K, expenses of $246K, and assets of $382K (revenue +173.2% year-over-year).
- 2021: Revenue of $123K, expenses of $182K, and assets of $287K (revenue -62.6% year-over-year).
- 2020: Revenue of $330K, expenses of $239K, and assets of $372K (revenue -4.6% year-over-year).
- 2019: Revenue of $346K, expenses of $396K, and assets of $276K (revenue +10.1% year-over-year).
- 2018: Revenue of $314K, expenses of $306K, and assets of $310K (revenue -17.5% year-over-year).
- 2017: Revenue of $381K, expenses of $364K, and assets of $307K (revenue +0.0% year-over-year).
- 2017: Revenue of $381K, expenses of $364K, and assets of $307K (revenue -8.2% year-over-year).
- 2016: Revenue of $415K, expenses of $388K, and assets of $275K (revenue -23.3% year-over-year).
- 2015: Revenue of $541K, expenses of $451K, and assets of $242K (revenue +85.1% year-over-year).
- 2014: Revenue of $292K, expenses of $225K, and assets of $257K (revenue +12.3% year-over-year).
- 2013: Revenue of $260K, expenses of $282K, and assets of $39K (revenue +93.5% year-over-year).
- 2012: Revenue of $134K, expenses of $245K, and assets of $114K (revenue -55.3% year-over-year).
- 2011: Revenue of $301K, expenses of $267K, and assets of $225K (revenue +11.8% year-over-year).
- 2010: Revenue of $269K, expenses of $289K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lafayette Home And School Association D C Public School:
Data Sources and Methodology
This transparency report for Lafayette Home And School Association D C Public School 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.