Lasalle Family Foundation Inc
Lasalle Family Foundation consistently spends more than it earns, drawing on assets, with zero reported officer compensation.
EIN: 208090370 · Indianapolis, IN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $705K |
| Total Expenses | $59K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $538K |
| Transparency Score | 85/100 |
Is Lasalle Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lasalle Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lasalle Family Foundation Inc
Lasalle Family Foundation Inc (EIN: 208090370) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code T20. The organization reported total revenue of $705K and total assets of $632K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lasalle Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lasalle Family Foundation Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $59K |
| Surplus / Deficit | $-30,472 |
| Total Assets | $538K |
| Total Liabilities | $1 |
| Net Assets | $538K |
| Operating Margin | -105.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 108.7 months |
Financial Health Grade: B
In 2023, Lasalle Family Foundation Inc reported a deficit of $30K with expenses exceeding revenue, holds 108.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Lasalle Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +22.2% | -5.4% |
| 2022 | -60.7% | +7.9% | -3.4% |
| 2021 | +88.8% | -0.8% | -15.3% |
| 2020 | +16.9% | +23.0% | +22.4% |
| 2019 | -0.2% | -14.2% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Lasalle Family Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lasalle Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly efficient for an organization with assets exceeding $500,000.
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 Lasalle Family Foundation Inc's IRS 990 filings:
- Consistent revenue deficits in recent years (e.g., 2023 revenue $28,882 vs. expenses $59,354)
- Decreasing asset base over the last few years (from $694,253 in 2020 to $537,501 in 2023)
Strengths
The following positive indicators were identified for Lasalle Family Foundation Inc:
- Zero reported officer compensation, indicating high efficiency in leadership costs
- Consistent IRS 990 filing history, demonstrating good transparency
- Stable asset base, providing a solid financial foundation despite recent deficits
- Minimal liabilities ($1 in recent years), indicating sound financial management
Frequently Asked Questions about Lasalle Family Foundation Inc
Is Lasalle Family Foundation Inc a legitimate charity?
Lasalle Family Foundation Inc (EIN: 208090370) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $705K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Lasalle Family Foundation Inc spend its money?
Lasalle Family Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lasalle Family Foundation Inc tax-deductible?
Lasalle Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208090370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lasalle Family Foundation Inc CEO make?
Lasalle Family Foundation Inc's highest-compensated officer earns $500,000. annually. The organization reported $705K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lasalle Family Foundation Inc's spending goes to programs?
Lasalle Family Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lasalle Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lasalle Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lasalle Family Foundation Inc located?
Lasalle Family Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 208090370. It is classified under NTEE code T20.
How many years of IRS 990 filings does Lasalle Family Foundation Inc have?
Lasalle Family Foundation Inc 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 $705K in total revenue.
Is Lasalle Family Foundation Inc. financially sustainable given its recent revenue deficits?
While the foundation has consistently spent more than its revenue in recent years (e.g., $59,354 expenses vs. $28,882 revenue in 2023), its substantial asset base ($537,501 in 2023) suggests it can sustain operations by drawing on its endowment or prior surpluses. However, a long-term trend of deficits would eventually erode its assets.
What is the primary purpose of the Lasalle Family Foundation Inc.?
Based on the NTEE code T20 (Private Grantmaking Foundations), the organization's primary purpose is to provide grants to other organizations or individuals, rather than directly operating programs.
How does the lack of officer compensation impact the organization?
The 0% officer compensation indicates a highly lean operational model, likely relying on volunteer leadership or very low administrative overhead. This means more of the foundation's resources are available for its grant-making activities, enhancing its efficiency.
Has the foundation's asset base been growing or shrinking?
The foundation's assets have fluctuated but generally remained stable or slightly decreased in recent years, from $694,253 in 2020 to $537,501 in 2023, likely due to spending exceeding revenue.
Filing History
IRS 990 filing history for Lasalle Family Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Lasalle Family Foundation Inc's revenue has declined by 4%, moving from $30K to $29K. Total assets increased by 98% over the same period, from $271K to $538K. Total functional expenses rose by 295.8%, from $15K to $59K. In its most recent filing year (2023), Lasalle Family Foundation Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $1 in liabilities against $538K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $538K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $59K | $538K | $1 | — | — |
| 2022 | $29K | $49K | $568K | $1 | — | View 990 |
| 2021 | $73K | $45K | $588K | $1 | — | View 990 |
| 2020 | $39K | $45K | $694K | $1 | — | — |
| 2019 | $33K | $37K | $567K | $1 | — | View 990 |
| 2018 | $33K | $43K | $571K | $1 | — | View 990 |
| 2015 | $29K | $36K | $567K | $0 | — | View 990 |
| 2014 | $135K | $29K | $574K | $0 | — | View 990 |
| 2013 | $140K | $23K | $467K | $0 | — | View 990 |
| 2012 | $99K | $20K | $350K | $0 | — | View 990 |
| 2011 | $30K | $15K | $271K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $59K, and assets of $538K (revenue +0.7% year-over-year).
- 2022: Revenue of $29K, expenses of $49K, and assets of $568K (revenue -60.7% year-over-year).
- 2021: Revenue of $73K, expenses of $45K, and assets of $588K (revenue +88.8% year-over-year).
- 2020: Revenue of $39K, expenses of $45K, and assets of $694K (revenue +16.9% year-over-year).
- 2019: Revenue of $33K, expenses of $37K, and assets of $567K (revenue -0.2% year-over-year).
- 2018: Revenue of $33K, expenses of $43K, and assets of $571K (revenue +12.6% year-over-year).
- 2015: Revenue of $29K, expenses of $36K, and assets of $567K (revenue -78.2% year-over-year).
- 2014: Revenue of $135K, expenses of $29K, and assets of $574K (revenue -3.8% year-over-year).
- 2013: Revenue of $140K, expenses of $23K, and assets of $467K (revenue +41.3% year-over-year).
- 2012: Revenue of $99K, expenses of $20K, and assets of $350K (revenue +230.0% year-over-year).
- 2011: Revenue of $30K, expenses of $15K, and assets of $271K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lasalle Family Foundation Inc:
Data Sources and Methodology
This transparency report for Lasalle 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.