Lanza Family Foundation Inc
Lanza Family Foundation maintains strong asset growth and zero executive compensation, focusing on grant-making.
EIN: 133922706 · Harrison, NY · NTEE: T20Z · Updated: 2026-03-28
Is Lanza Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lanza Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lanza Family Foundation Inc
Lanza Family Foundation Inc (EIN: 133922706) is a nonprofit organization based in Harrison, NY, classified under NTEE code T20Z. The organization reported total revenue of $20.7M and total assets of $28.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lanza Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lanza Family Foundation Inc with a Mission Score of 90 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: 95%
- fundraising: 0%
According to IRS 990 filings, Lanza Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either entirely volunteer-based or compensated through an external entity, which significantly reduces direct administrative costs for the organization.
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 Lanza Family Foundation Inc:
- Consistent asset growth, from $1.2M in 2012 to $26.6M in 2023.
- Zero reported officer compensation, indicating high efficiency in executive overhead.
- Minimal liabilities ($1 in recent filings), reflecting strong financial management.
- Healthy financial position with revenues generally exceeding or supporting expenses over time.
Frequently Asked Questions about Lanza Family Foundation Inc
Is Lanza Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lanza Family Foundation Inc (EIN: 133922706) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Lanza Family Foundation Inc spend its money?
Lanza Family Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lanza Family Foundation Inc tax-deductible?
Lanza Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133922706). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lanza Family Foundation Inc. a good charity?
As a private foundation, Lanza Family Foundation Inc. appears to be a well-managed entity with strong financial health, consistent asset growth, and zero reported executive compensation, suggesting efficient use of funds for its grant-making mission.
How has the foundation's asset base changed over time?
The foundation's assets have grown significantly, from $1,259,296 in 2012 to $26,660,096 in 2023, demonstrating substantial financial growth and stability.
What is the trend in revenue and expenses?
Revenue and expenses fluctuate year-to-year, typical for a foundation receiving varying contributions and making grants. For example, 2019 saw high revenue ($9,156,356) with relatively low expenses ($685,548), while 2022 had lower revenue ($517,671) and higher expenses ($1,573,964), indicating strategic grant distribution.
Does the foundation have significant liabilities?
No, the foundation consistently reports minimal liabilities, often $1 in recent years, indicating a very low financial risk profile.
Filing History
IRS 990 filing history for Lanza Family Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Lanza Family Foundation Inc's revenue has grown by 84.8%, moving from $1.2M to $2.2M. Total assets increased by 1262.3% over the same period, from $2.0M to $26.7M. Total functional expenses fell by 53.9%, from $3.4M to $1.5M. In its most recent filing year (2023), Lanza Family Foundation Inc reported a surplus of $610K, with revenue exceeding expenses. The organization holds $1 in liabilities against $26.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.5M | $26.7M | $1 | — | View 990 |
| 2022 | $518K | $1.6M | $25.5M | $1 | — | View 990 |
| 2021 | $1.8M | $1.7M | $30.4M | $1 | — | View 990 |
| 2020 | $1.1M | $673K | $28.3M | $1 | — | View 990 |
| 2019 | $9.2M | $686K | $25.9M | $1 | — | View 990 |
| 2016 | $3.6M | $445K | $13.9M | $0 | — | View 990 |
| 2015 | $9.4M | $103K | $10.9M | $0 | — | View 990 |
| 2014 | $3.2M | $3.1M | $1.7M | $0 | — | View 990 |
| 2013 | $2.9M | $2.7M | $1.4M | $0 | — | View 990 |
| 2012 | $1.1M | $1.8M | $1.3M | $0 | — | View 990 |
| 2011 | $1.2M | $3.4M | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.5M, and assets of $26.7M (revenue +316.8% year-over-year).
- 2022: Revenue of $518K, expenses of $1.6M, and assets of $25.5M (revenue -71.5% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.7M, and assets of $30.4M (revenue +58.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $673K, and assets of $28.3M (revenue -87.5% year-over-year).
- 2019: Revenue of $9.2M, expenses of $686K, and assets of $25.9M (revenue +153.8% year-over-year).
- 2016: Revenue of $3.6M, expenses of $445K, and assets of $13.9M (revenue -61.7% year-over-year).
- 2015: Revenue of $9.4M, expenses of $103K, and assets of $10.9M (revenue +194.4% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.1M, and assets of $1.7M (revenue +11.8% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.7M, and assets of $1.4M (revenue +157.3% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.8M, and assets of $1.3M (revenue -4.7% year-over-year).
- 2011: Revenue of $1.2M, expenses of $3.4M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Lanza Family 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.