Lawrence D Starr Charitable Foundation
Lawrence D Starr Charitable Foundation consistently operates with expenses exceeding revenue, drawing from a stable asset base.
EIN: 201799759 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $72K |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Lawrence D Starr Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lawrence D Starr Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lawrence D Starr Charitable Foundation
Lawrence D Starr Charitable Foundation (EIN: 201799759) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $60K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawrence D Starr Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lawrence D Starr Charitable Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $72K |
| Surplus / Deficit | $-45,029 |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | -164.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 237.2 months |
Financial Health Grade: B
In 2023, Lawrence D Starr Charitable Foundation reported a deficit of $45K with expenses exceeding revenue, holds 237.2 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 D Starr Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | -3.3% | -3.1% |
| 2022 | -90.3% | +31.8% | -2.2% |
| 2020 | -122.9% | -33.0% | -8.9% |
| 2019 | +110.7% | +0.1% | -1.2% |
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 Lawrence D Starr Charitable 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: 90%
- fundraising: 0%
According to IRS 990 filings, Lawrence D Starr Charitable Foundation 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 $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0%, indicating that the foundation's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization of its size.
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 D Starr Charitable Foundation's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in most recent years (e.g., 2023, 2022, 2020), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Lawrence D Starr Charitable Foundation:
- Strong asset base, consistently over $1 million, providing a stable endowment for grantmaking.
- Extremely low liabilities (typically $1 or $2), indicating excellent financial health and no debt.
- 0% officer compensation, demonstrating highly efficient administrative costs related to leadership.
Frequently Asked Questions about Lawrence D Starr Charitable Foundation
Is Lawrence D Starr Charitable Foundation a legitimate charity?
Lawrence D Starr Charitable Foundation (EIN: 201799759) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $60K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Lawrence D Starr Charitable Foundation spend its money?
Lawrence D Starr Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lawrence D Starr Charitable Foundation tax-deductible?
Lawrence D Starr Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201799759). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lawrence D Starr Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lawrence D Starr Charitable Foundation 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 Lawrence D Starr Charitable Foundation located?
Lawrence D Starr Charitable Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 201799759. It is classified under NTEE code T20.
How many years of IRS 990 filings does Lawrence D Starr Charitable Foundation have?
Lawrence D Starr Charitable 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 $60K in total revenue.
Is the Lawrence D Starr Charitable Foundation financially sustainable given its recurring expense-to-revenue deficit?
While the foundation frequently reports expenses exceeding revenue, its substantial and relatively stable asset base (e.g., $1,430,695 in 2023) suggests it operates as an endowment-based private foundation. Its sustainability depends on the investment performance of its assets and its distribution policy, which currently allows for asset drawdowns.
What is the primary purpose of the Lawrence D Starr Charitable Foundation?
Based on the NTEE code T20 (Foundations, Philanthropy, and Grantmaking Institutions), the foundation's primary purpose is likely grantmaking to other charitable organizations or individuals, rather than direct program service delivery.
How does the foundation manage to have 0% officer compensation?
The consistent 0% officer compensation suggests that the foundation is either managed by unpaid volunteers, or any administrative services are provided by an external entity or individual whose compensation is categorized differently within the expenses, rather than as direct officer pay.
Filing History
IRS 990 filing history for Lawrence D Starr Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lawrence D Starr Charitable Foundation's revenue has declined by 63.9%, moving from $76K to $27K. Total assets increased by 12.1% over the same period, from $1.3M to $1.4M. Total functional expenses fell by 18.7%, from $89K to $72K. In its most recent filing year (2023), Lawrence D Starr Charitable Foundation reported a deficit of $45K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $72K | $1.4M | $1 | — | — |
| 2022 | $41K | $75K | $1.5M | $1 | — | — |
| 2021 | $426K | $57K | $1.5M | $1 | — | — |
| 2020 | $-33,879 | $75K | $1.1M | $1 | — | — |
| 2019 | $148K | $112K | $1.3M | $2K | — | View 990 |
| 2015 | $70K | $112K | $1.3M | $1 | — | View 990 |
| 2014 | $173K | $85K | $1.3M | $1 | — | View 990 |
| 2013 | $73K | $87K | $1.2M | $1 | — | View 990 |
| 2012 | $61K | $102K | $1.2M | $1 | — | View 990 |
| 2011 | $76K | $89K | $1.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $72K, and assets of $1.4M (revenue -33.7% year-over-year).
- 2022: Revenue of $41K, expenses of $75K, and assets of $1.5M (revenue -90.3% year-over-year).
- 2021: Revenue of $426K, expenses of $57K, and assets of $1.5M.
- 2020: Revenue of $-33,879, expenses of $75K, and assets of $1.1M (revenue -122.9% year-over-year).
- 2019: Revenue of $148K, expenses of $112K, and assets of $1.3M (revenue +110.7% year-over-year).
- 2015: Revenue of $70K, expenses of $112K, and assets of $1.3M (revenue -59.5% year-over-year).
- 2014: Revenue of $173K, expenses of $85K, and assets of $1.3M (revenue +136.8% year-over-year).
- 2013: Revenue of $73K, expenses of $87K, and assets of $1.2M (revenue +19.1% year-over-year).
- 2012: Revenue of $61K, expenses of $102K, and assets of $1.2M (revenue -19.0% year-over-year).
- 2011: Revenue of $76K, expenses of $89K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lawrence D Starr Charitable Foundation:
Data Sources and Methodology
This transparency report for Lawrence D Starr Charitable 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.