Larcher Family Foundation
Larcher Family Foundation maintains substantial assets despite fluctuating revenues and reports no officer compensation.
EIN: 203980388 · Phoenix, AZ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $267K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7,478,651 |
| Net Assets | $6.8M |
| Transparency Score | 85/100 |
Is Larcher Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Larcher Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Larcher Family Foundation
Larcher Family Foundation (EIN: 203980388) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T22. The organization reported total revenue of $177K and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larcher Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larcher Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $407K |
| Total Expenses | $267K |
| Surplus / Deficit | +$139K |
| Total Assets | $6.8M |
| Total Liabilities | $1 |
| Net Assets | $6.8M |
| Operating Margin | 34.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 304.0 months |
Financial Health Grade: A
In 2023, Larcher Family Foundation reported a surplus of $139K with revenue exceeding expenses, holds 304.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +432.5% | +-0.0% | +18.4% |
| 2022 | -13.5% | +102.9% | -15.6% |
| 2021 | -31.2% | -50.6% | +20.2% |
| 2020 | -87.0% | -28.6% | -0.4% |
| 2019 | -7.9% | +531.7% | +180.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Larcher Family Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Larcher Family Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $139K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-officer compensation channels, which is highly favorable for a foundation of its asset size ($7,478,651).
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 Larcher Family Foundation's IRS 990 filings:
- Highly fluctuating annual revenue, making future income less predictable.
- Lack of detailed functional expense breakdown in provided data to fully assess program efficiency.
Strengths
The following positive indicators were identified for Larcher Family Foundation:
- Substantial asset base ($7,478,651) provides strong financial stability.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds.
- Minimal liabilities ($1 in recent years) demonstrates sound financial management.
- Long history of IRS 990 filings (10 filings) indicates transparency and compliance.
Frequently Asked Questions about Larcher Family Foundation
Is Larcher Family Foundation a legitimate charity?
Larcher Family Foundation (EIN: 203980388) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $177K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Larcher Family Foundation spend its money?
Larcher Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Larcher Family Foundation tax-deductible?
Larcher Family Foundation is registered as a tax-exempt nonprofit (EIN: 203980388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Larcher Family Foundation CEO make?
Larcher Family Foundation's highest-compensated officer earns $7,478,651 annually. The organization reported $177K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Larcher Family Foundation's spending goes to programs?
Larcher Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Larcher Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Larcher Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Larcher Family Foundation located?
Larcher Family Foundation is headquartered in Phoenix, Arizona and files with the IRS under EIN 203980388. It is classified under NTEE code T22.
How many years of IRS 990 filings does Larcher Family Foundation have?
Larcher Family Foundation has 10 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 $177K in total revenue.
Is the Larcher Family Foundation financially stable?
Yes, the Larcher Family Foundation appears financially stable, primarily due to its substantial assets of $7,478,651 and minimal liabilities ($1 in recent years), providing a strong financial cushion despite fluctuating annual revenues.
How does the Larcher Family Foundation manage executive compensation?
The Larcher Family Foundation reports 0% officer compensation across all available IRS 990 filings, suggesting a commitment to minimizing administrative overhead in this area.
What is the trend in the foundation's revenue?
The foundation's revenue has been highly variable, ranging from a loss of $23,288 in 2011 to over $1 million in 2015 and 2019, and $406,520 in 2023, indicating an inconsistent funding stream.
Filing History
IRS 990 filing history for Larcher Family Foundation showing financial trends over 10 years of public records:
Total assets increased by 879.9% over the same period, from $691K to $6.8M. Total functional expenses rose by 106.9%, from $129K to $267K. In its most recent filing year (2023), Larcher Family Foundation reported a surplus of $139K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $407K | $267K | $6.8M | $1 | — | View 990 |
| 2022 | $76K | $267K | $5.7M | $1 | — | View 990 |
| 2021 | $88K | $132K | $6.8M | $1 | — | View 990 |
| 2020 | $128K | $267K | $5.6M | $1 | — | View 990 |
| 2019 | $987K | $373K | $5.7M | $1 | — | View 990 |
| 2015 | $1.1M | $59K | $2.0M | $0 | — | View 990 |
| 2014 | $450K | $81K | $1.1M | $0 | — | View 990 |
| 2013 | $565K | $71K | $1.2M | $0 | — | View 990 |
| 2012 | $44K | $56K | $722K | $0 | — | View 990 |
| 2011 | $-23,288 | $129K | $691K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $407K, expenses of $267K, and assets of $6.8M (revenue +432.5% year-over-year).
- 2022: Revenue of $76K, expenses of $267K, and assets of $5.7M (revenue -13.5% year-over-year).
- 2021: Revenue of $88K, expenses of $132K, and assets of $6.8M (revenue -31.2% year-over-year).
- 2020: Revenue of $128K, expenses of $267K, and assets of $5.6M (revenue -87.0% year-over-year).
- 2019: Revenue of $987K, expenses of $373K, and assets of $5.7M (revenue -7.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $59K, and assets of $2.0M (revenue +138.2% year-over-year).
- 2014: Revenue of $450K, expenses of $81K, and assets of $1.1M (revenue -20.4% year-over-year).
- 2013: Revenue of $565K, expenses of $71K, and assets of $1.2M (revenue +1192.7% year-over-year).
- 2012: Revenue of $44K, expenses of $56K, and assets of $722K.
- 2011: Revenue of $-23,288, expenses of $129K, and assets of $691K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larcher Family Foundation:
Data Sources and Methodology
This transparency report for Larcher Family 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.