Lawrence Family Foundation

Lawrence Family Foundation experiences fluctuating revenues and asset values, consistently reporting zero officer compensation.

EIN: 133935895 · Minneapolis, MN · NTEE: T31I · Updated: 2026-03-28

$15.6MRevenue
$14.7MAssets
85/100Mission Score (Excellent)
T31I
Lawrence Family Foundation Financial Summary
MetricValue
Total Revenue$15.6M
Total Expenses$684K
Program Spending90%
CEO/Top Officer Pay$14
Net Assets$13.8M
Transparency Score85/100

Is Lawrence Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Lawrence Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lawrence Family Foundation

Lawrence Family Foundation (EIN: 133935895) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T31I. The organization reported total revenue of $15.6M and total assets of $14.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawrence Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

29Years Operating
LargeSize Classification
10Years of Filings
MixedRevenue Trajectory

Lawrence Family Foundation is a large nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023-142.0%-12.3%-1.5%
2022-79.9%+64.2%-6.7%
2021+579.7%-7.0%+45.8%
2020-68.2%+13.4%+1.4%
2019+169.7%-85.0%+358.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1997

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Lawrence Family Foundation demonstrates a fluctuating financial landscape, typical for a private foundation primarily distributing grants. While the organization reported a significant 'Latest Revenue' of $15,558,666, this figure appears to be an aggregate or a specific large inflow, as individual annual revenues in the filing history vary widely, including a negative revenue of $-374,456 in 2023. This negative revenue, coupled with expenses of $684,481, led to a decrease in assets from $14,047,823 in 2022 to $13,837,342 in 2023. The foundation consistently reports zero officer compensation, which is a positive indicator of efficient use of funds for its stated purpose, likely relying on volunteer or externally compensated management. The foundation's spending efficiency, particularly in recent years, shows expenses generally well below revenue, allowing for asset growth, though 2023 saw a reversal. For instance, in 2021, revenue was $4,439,155 against expenses of $475,367, indicating a strong capacity for grantmaking or asset building. The NTEE code T31I (Private Grantmaking Foundations) suggests its primary activity is distributing funds, which aligns with low operational expenses relative to its asset base. The consistent reporting of minimal liabilities across most years also points to sound financial management and low debt burden. Transparency appears to be good given the availability of 10 years of IRS 990 filings. The consistent reporting of zero officer compensation is a key transparency point. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, a precise assessment of spending efficiency beyond overall expenses is challenging. The significant swings in annual revenue and asset values warrant closer examination of the foundation's investment strategies and grantmaking cycles.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lawrence 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

According to IRS 990 filings, Lawrence Family 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:

$-374,456Total Revenue
$684KTotal Expenses
$13.8MTotal Assets
$1Total Liabilities
$13.8MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for a foundation of its size with assets around $14 million.

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 Family Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Lawrence Family Foundation:

Frequently Asked Questions about Lawrence Family Foundation

Is Lawrence Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Lawrence Family Foundation (EIN: 133935895) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Lawrence Family Foundation spend its money?

Lawrence Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Lawrence Family Foundation tax-deductible?

Lawrence Family Foundation is registered as a tax-exempt nonprofit (EIN: 133935895). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Lawrence Family Foundation CEO make?

Lawrence Family Foundation's highest-compensated officer earns $14 annually. The organization reported $15.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Lawrence Family Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Lawrence Family Foundation is above average for NTEE category T31I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Lawrence Family Foundation located?

Lawrence Family Foundation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 133935895. It is classified under NTEE code T31I.

How many years of IRS 990 filings does Lawrence Family Foundation have?

Lawrence 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 $15.6M in total revenue.

Is Lawrence Family Foundation a good charity?

Based on the available data, the Lawrence Family Foundation appears to be a well-managed private grantmaking foundation. Its consistent reporting of zero officer compensation and generally low expenses relative to its asset base suggest that funds are primarily directed towards its mission, likely through grants. The significant asset base of $14,709,942 further indicates a strong capacity for philanthropic activity.

What caused the negative revenue in 2023?

The negative revenue of $-374,456 in 2023 could be due to several factors, such as investment losses, significant returns of prior grants, or accounting adjustments. Without more detailed financial statements, the exact cause cannot be determined, but it's a notable deviation from previous years' positive revenues.

How does the foundation manage its administrative costs?

Given the consistent reporting of 0% officer compensation and relatively low overall expenses compared to its assets and revenue (e.g., $684,481 in expenses against assets of $13,837,342 in 2023), it suggests that administrative costs are either very low, covered by volunteers, or potentially absorbed by other entities, allowing a high proportion of funds to be available for its programmatic mission.

Filing History

IRS 990 filing history for Lawrence Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Lawrence Family Foundation's revenue has declined by 525.2%, moving from $88K to $-374,456. Total assets increased by 1387.5% over the same period, from $930K to $13.8M. Total functional expenses rose by 1056.8%, from $59K to $684K. The organization holds $1 in liabilities against $13.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $-374,456 $684K $13.8M $1
2022 $891K $780K $14.0M $29K View 990
2021 $4.4M $475K $15.1M $1 View 990
2020 $653K $511K $10.3M $1 View 990
2019 $2.1M $451K $10.2M $1
2015 $761K $3.0M $2.2M $0 View 990
2014 $1.1M $253K $4.5M $0 View 990
2013 $835K $210K $3.6M $0 View 990
2012 $2.1M $55K $3.0M $0 View 990
2011 $88K $59K $930K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Lawrence Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Lawrence 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.

Other Nonprofits in Minnesota

Explore more nonprofits based in Minnesota with AI-powered transparency reports.

View all Minnesota nonprofits →

Similar Organizations (NTEE T31I)

Other nonprofits classified under NTEE code T31I.

View all T31I nonprofits →

Explore Related Nonprofits

Browse by State