Langley For Families The Foundation Of Lfcu
EIN: 465681481 · Newport News, VA · NTEE: T30
Is Langley For Families The Foundation Of Lfcu Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Langley For Families The Foundation Of Lfcu
Langley For Families The Foundation Of Lfcu (EIN: 465681481) is a nonprofit organization based in Newport News, VA, classified under NTEE code T30. The organization reported total revenue of $1.7M and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Langley For Families The Foundation Of Lfcu's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Langley For Families The Foundation Of Lfcu is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 29.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$25K |
| Total Assets | $115K |
| Net Assets | $115K |
| Operating Margin | 2.1% |
| Months of Reserves | 1.2 months |
Financial Health Grade: A
In 2023, Langley For Families The Foundation Of Lfcu reported a surplus of $25K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2015–2023), Langley For Families The Foundation Of Lfcu's revenue has grown at a compound annual growth rate (CAGR) of 29.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +4.8% | +27.5% |
| 2022 | +10.6% | +8.5% | -0.6% |
| 2021 | +17.5% | +17.0% | +10.8% |
| 2020 | +15.6% | +16.0% | -13.7% |
| 2019 | +92.4% | +43.8% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Langley For Families The Foundation Of Lfcu 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 Langley For Families The Foundation Of Lfcu 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 $25K, with revenue exceeding expenses.
Frequently Asked Questions about Langley For Families The Foundation Of Lfcu
Is Langley For Families The Foundation Of Lfcu a legitimate charity?
Based on AI analysis of IRS 990 filings, Langley For Families The Foundation Of Lfcu (EIN: 465681481) insufficient data. 0 red flags identified, 0 strengths noted.
How does Langley For Families The Foundation Of Lfcu spend its money?
Detailed spending breakdown data is not yet available for Langley For Families The Foundation Of Lfcu. Check back for updated IRS 990 analysis.
Are donations to Langley For Families The Foundation Of Lfcu tax-deductible?
Langley For Families The Foundation Of Lfcu is registered as a tax-exempt nonprofit (EIN: 465681481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Langley For Families The Foundation Of Lfcu showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Langley For Families The Foundation Of Lfcu's revenue has grown by 682.3%, moving from $151K to $1.2M. Total assets increased by 12.8% over the same period, from $102K to $115K. Total functional expenses rose by 1401.3%, from $77K to $1.2M. In its most recent filing year (2023), Langley For Families The Foundation Of Lfcu reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $115K | $0 | — | View 990 |
| 2022 | $1.1M | $1.1M | $90K | $0 | — | View 990 |
| 2021 | $1.0M | $1.0M | $91K | $15K | — | View 990 |
| 2020 | $859K | $867K | $82K | $0 | — | — |
| 2019 | $743K | $747K | $95K | $5K | — | View 990 |
| 2018 | $386K | $519K | $94K | $0 | — | View 990 |
| 2017 | $343K | $465K | $227K | $0 | — | View 990 |
| 2016 | $329K | $82K | $349K | $0 | — | View 990 |
| 2015 | $151K | $77K | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $115K (revenue +5.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $90K (revenue +10.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.0M, and assets of $91K (revenue +17.5% year-over-year).
- 2020: Revenue of $859K, expenses of $867K, and assets of $82K (revenue +15.6% year-over-year).
- 2019: Revenue of $743K, expenses of $747K, and assets of $95K (revenue +92.4% year-over-year).
- 2018: Revenue of $386K, expenses of $519K, and assets of $94K (revenue +12.4% year-over-year).
- 2017: Revenue of $343K, expenses of $465K, and assets of $227K (revenue +4.4% year-over-year).
- 2016: Revenue of $329K, expenses of $82K, and assets of $349K (revenue +118.4% year-over-year).
- 2015: Revenue of $151K, expenses of $77K, and assets of $102K.
Data Sources and Methodology
This transparency report for Langley For Families The Foundation Of Lfcu 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.