Lawrence & Carol Saper Foundation Inc
Lawrence & Carol Saper Foundation consistently expends more than annual revenue, drawing from a stable $12M+ asset base with no officer compensation.
EIN: 133946616 · New York, NY · NTEE: X20Z · Updated: 2026-03-28
Is Lawrence & Carol Saper Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lawrence & Carol Saper Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lawrence & Carol Saper Foundation Inc
Lawrence & Carol Saper Foundation Inc (EIN: 133946616) is a nonprofit organization based in New York, NY, classified under NTEE code X20Z. The organization reported total revenue of $8.5M and total assets of $14.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawrence & Carol Saper Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lawrence & Carol Saper Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $821K |
| Total Expenses | $831K |
| Surplus / Deficit | $-10,201 |
| Total Assets | $12.8M |
| Total Liabilities | $1 |
| Net Assets | $12.8M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 184.5 months |
Financial Health Grade: B
In 2023, Lawrence & Carol Saper Foundation Inc reported a deficit of $10K with expenses exceeding revenue, holds 184.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lawrence & Carol Saper Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +200.9% | -2.6% | -0.1% |
| 2022 | -72.8% | +0.6% | -4.1% |
| 2021 | +201.3% | +4.4% | +1.4% |
| 2020 | -60.6% | -2.6% | -3.4% |
| 2019 | +13.1% | -18.3% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Lawrence & Carol Saper 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Lawrence & Carol Saper Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $12 million in assets and annual expenses exceeding $800,000.
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 Lawrence & Carol Saper Foundation Inc's IRS 990 filings:
- Consistent annual expenses exceeding revenue, indicating reliance on asset drawdowns rather than sustainable operational income.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided summary data, limiting full efficiency assessment.
Strengths
The following positive indicators were identified for Lawrence & Carol Saper Foundation Inc:
- Strong and stable asset base, consistently over $12 million in recent years, providing long-term financial security.
- Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Very low liabilities (often $0 or $1), demonstrating excellent financial management and minimal debt.
- Consistent filing history (10 filings), indicating good transparency and compliance with IRS regulations.
Frequently Asked Questions about Lawrence & Carol Saper Foundation Inc
Is Lawrence & Carol Saper Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lawrence & Carol Saper Foundation Inc (EIN: 133946616) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Lawrence & Carol Saper Foundation Inc spend its money?
Lawrence & Carol Saper Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lawrence & Carol Saper Foundation Inc tax-deductible?
Lawrence & Carol Saper Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133946616). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Lawrence & Carol Saper Foundation Inc a good charity?
Based on the available data, the foundation appears to be a well-managed private foundation with a substantial asset base and a consistent history of grant-making (implied by its NTEE code and expense patterns). The absence of officer compensation is a significant positive indicator of efficiency and dedication to its mission. However, without specific program details, it's hard to assess the direct impact of its grants.
How does the foundation sustain its operations when expenses often exceed revenue?
The foundation sustains its operations by drawing from its significant asset base, which has consistently been over $11 million. For example, in 202312, revenue was $820,586 while expenses were $830,787, indicating a deficit covered by its assets.
What is the primary purpose of this organization given its NTEE code X20Z?
NTEE code X20Z typically designates 'Private Grantmaking Foundations,' meaning its primary purpose is to make grants to other organizations or individuals to support charitable activities, rather than directly operating programs itself.
Filing History
IRS 990 filing history for Lawrence & Carol Saper Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lawrence & Carol Saper Foundation Inc's revenue has grown by 123.5%, moving from $367K to $821K. Total assets increased by 9.1% over the same period, from $11.7M to $12.8M. Total functional expenses rose by 108.6%, from $398K to $831K. In its most recent filing year (2023), Lawrence & Carol Saper Foundation Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $821K | $831K | $12.8M | $1 | — | — |
| 2022 | $273K | $853K | $12.8M | $1 | — | View 990 |
| 2021 | $1.0M | $847K | $13.3M | $1 | — | View 990 |
| 2020 | $333K | $812K | $13.1M | $1 | — | View 990 |
| 2019 | $845K | $833K | $13.6M | $0 | — | View 990 |
| 2015 | $747K | $1.0M | $12.8M | $0 | — | View 990 |
| 2014 | $1.2M | $653K | $13.0M | $0 | — | View 990 |
| 2013 | $596K | $651K | $12.6M | $0 | — | View 990 |
| 2012 | $1.5M | $552K | $12.6M | $0 | — | View 990 |
| 2011 | $367K | $398K | $11.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $821K, expenses of $831K, and assets of $12.8M (revenue +200.9% year-over-year).
- 2022: Revenue of $273K, expenses of $853K, and assets of $12.8M (revenue -72.8% year-over-year).
- 2021: Revenue of $1.0M, expenses of $847K, and assets of $13.3M (revenue +201.3% year-over-year).
- 2020: Revenue of $333K, expenses of $812K, and assets of $13.1M (revenue -60.6% year-over-year).
- 2019: Revenue of $845K, expenses of $833K, and assets of $13.6M (revenue +13.1% year-over-year).
- 2015: Revenue of $747K, expenses of $1.0M, and assets of $12.8M (revenue -36.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $653K, and assets of $13.0M (revenue +96.1% year-over-year).
- 2013: Revenue of $596K, expenses of $651K, and assets of $12.6M (revenue -59.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $552K, and assets of $12.6M (revenue +297.6% year-over-year).
- 2011: Revenue of $367K, expenses of $398K, and assets of $11.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lawrence & Carol Saper Foundation Inc:
Data Sources and Methodology
This transparency report for Lawrence & Carol Saper 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.