Lappin Foundation
EIN: 461614193 · Beverly, MA · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Net Assets | $619K |
Search Intent Cockpit
Lappin Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Lappin Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Lappin Foundation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $1.8M and expenses of $1.9M.
Revenue and Expenses
Lappin Foundation reported $1.8M in revenue and $1.9M in expenses, a deficit of $49K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Lappin Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Lappin Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Religion context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Joint Committee For Childrens Health Care In Everett →All Massachusetts nonprofits
All Religion
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Beverly, MA nonprofitsReligion in Massachusetts
Religion in Massachusetts
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Religion spending
Best Religion charities in Massachusetts
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Insufficient Data. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Joint Committee For Childrens Health Care In Everett.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
North American Marine Alliance Inc
Gloucester, MA · $2.7M revenue · Score 95/100
Compare side-by-sideSharing Foundation
Concord, MA · $1.2M revenue · Score 95/100
Compare side-by-sideMarthas Vineyard Community Television Inc
Vineyard Hvn, MA · $877K revenue · Score 95/100
Compare side-by-sideGrowing Places Garden Project Inc
Leominster, MA · $2.1M revenue · Score 90/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
About Lappin Foundation
Lappin Foundation (EIN: 461614193) is a nonprofit organization based in Beverly, MA, classified under NTEE code X99. The organization reported total revenue of $2.0M and total assets of $763K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lappin Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lappin Foundation is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 17.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-48,935 |
| Total Assets | $814K |
| Total Liabilities | $195K |
| Net Assets | $619K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 24.0% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Lappin Foundation reported a deficit of $49K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 24.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Lappin Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.5% | +11.6% | -9.7% |
| 2022 | +158.7% | +812.8% | -0.2% |
| 2021 | +68.1% | +36.2% | +74.6% |
| 2020 | -61.5% | -81.2% | +63.0% |
| 2019 | +46.8% | +11.0% | -32.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lappin Foundation 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 Lappin Foundation 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 deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.0%.
Frequently Asked Questions about Lappin Foundation
Is Lappin Foundation a legitimate charity?
Lappin Foundation (EIN: 461614193) is a registered tax-exempt nonprofit based in Massachusetts. It has 11 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: B.
How does Lappin Foundation spend its money?
Lappin Foundation reported $2.0M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lappin Foundation tax-deductible?
Lappin Foundation is registered as a tax-exempt nonprofit (EIN: 461614193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lappin Foundation located?
Lappin Foundation is headquartered in Beverly, Massachusetts and files with the IRS under EIN 461614193. It is classified under NTEE code X99.
How many years of IRS 990 filings does Lappin Foundation have?
Lappin Foundation has 11 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Lappin Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Lappin Foundation's revenue has grown by 409.2%, moving from $361K to $1.8M. Total assets increased by 204.3% over the same period, from $267K to $814K. Total functional expenses rose by 1862.4%, from $96K to $1.9M. In its most recent filing year (2023), Lappin Foundation reported a deficit of $49K, with expenses exceeding revenue. The organization holds $195K in liabilities against $814K in assets (debt-to-asset ratio: 24.0%), resulting in net assets of $619K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $814K | $195K | — | View 990 |
| 2022 | $1.5M | $1.7M | $902K | $234K | — | — |
| 2021 | $566K | $185K | $903K | $10K | — | View 990 |
| 2020 | $337K | $136K | $518K | $5K | — | — |
| 2019 | $875K | $725K | $317K | $5K | — | View 990 |
| 2018 | $596K | $653K | $473K | $312K | — | View 990 |
| 2017 | $535K | $757K | $220K | $2K | — | View 990 |
| 2016 | $614K | $586K | $443K | $2K | — | View 990 |
| 2015 | $585K | $468K | $414K | $707 | — | View 990 |
| 2014 | $583K | $552K | $298K | $1K | — | View 990 |
| 2013 | $361K | $96K | $267K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $814K (revenue +25.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $902K (revenue +158.7% year-over-year).
- 2021: Revenue of $566K, expenses of $185K, and assets of $903K (revenue +68.1% year-over-year).
- 2020: Revenue of $337K, expenses of $136K, and assets of $518K (revenue -61.5% year-over-year).
- 2019: Revenue of $875K, expenses of $725K, and assets of $317K (revenue +46.8% year-over-year).
- 2018: Revenue of $596K, expenses of $653K, and assets of $473K (revenue +11.5% year-over-year).
- 2017: Revenue of $535K, expenses of $757K, and assets of $220K (revenue -12.9% year-over-year).
- 2016: Revenue of $614K, expenses of $586K, and assets of $443K (revenue +4.9% year-over-year).
- 2015: Revenue of $585K, expenses of $468K, and assets of $414K (revenue +0.4% year-over-year).
- 2014: Revenue of $583K, expenses of $552K, and assets of $298K (revenue +61.5% year-over-year).
- 2013: Revenue of $361K, expenses of $96K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lappin Foundation:
Data Sources and Methodology
This transparency report for Lappin 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.