Lazarus Project
Lazarus Project consistently operates near break-even with no reported officer compensation, showing asset growth despite occasional deficits.
EIN: 10759717 · Mendota Hts, MN · NTEE: B28 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $892K |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| Net Assets | $227K |
| Transparency Score | 90/100 |
Is Lazarus Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lazarus Project directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lazarus Project
Lazarus Project (EIN: 10759717) is a nonprofit organization based in Mendota Hts, MN, classified under NTEE code B28. The organization reported total revenue of $892K and total assets of $640K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lazarus Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lazarus Project is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$79K |
| Total Assets | $567K |
| Total Liabilities | $340K |
| Net Assets | $227K |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 60.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Lazarus Project reported a surplus of $79K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 60.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lazarus Project's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.4% | -0.6% | +1.5% |
| 2022 | -23.2% | +4.9% | +20.8% |
| 2021 | +0.4% | +0.2% | +11.2% |
| 2020 | -3.1% | -3.0% | +9.6% |
| 2019 | -20.8% | -15.0% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
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 Lazarus Project with a Mission Score of 90 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, Lazarus Project 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 $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.0%.
Executive Compensation Analysis
The Lazarus Project consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly volunteer-driven leadership or a structure where executive roles are not compensated, which is a significant positive for directing funds to programs.
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 Lazarus Project's IRS 990 filings:
- Significant deficit in 202212 where expenses ($1,042,623) exceeded revenue ($794,742) by over $247,000.
Strengths
The following positive indicators were identified for Lazarus Project:
- Consistent reporting of 0% officer compensation across all filings, indicating strong commitment to mission spending.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency.
- Positive trend in asset growth, increasing from $230,502 in 201712 to $566,549 in 202312.
- Rebounded from a deficit in 202212 to a surplus in 202312, showing financial resilience.
- Revenues consistently around $1 million for most of the past decade, indicating a stable funding base.
Frequently Asked Questions about Lazarus Project
Is Lazarus Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Lazarus Project (EIN: 10759717) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Lazarus Project spend its money?
Lazarus Project directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lazarus Project tax-deductible?
Lazarus Project is registered as a tax-exempt nonprofit (EIN: 10759717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lazarus Project's spending goes to programs?
Lazarus Project directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lazarus Project compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lazarus Project is above average for NTEE category B28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lazarus Project located?
Lazarus Project is headquartered in Mendota Hts, Minnesota and files with the IRS under EIN 10759717. It is classified under NTEE code B28.
How many years of IRS 990 filings does Lazarus Project have?
Lazarus Project has 13 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 $892K in total revenue.
Is The Lazarus Project financially stable?
Yes, The Lazarus Project appears financially stable. While there was a deficit in 202212 where expenses ($1,042,623) exceeded revenue ($794,742), the organization rebounded in 202312 with a surplus (Revenue $1,115,832 vs. Expenses $1,036,769). Assets have also shown consistent growth over the past several years, from $230,502 in 201712 to $566,549 in 202312.
How efficient is The Lazarus Project with its spending?
The Lazarus Project appears efficient. Its expenses generally align closely with its revenues, indicating that funds are being actively used for its mission. The consistent reporting of 0% officer compensation is a strong indicator of efficiency, as it means no funds are diverted to executive salaries.
Does The Lazarus Project have high administrative costs?
Based on the 0% officer compensation reported across all filings, it is highly probable that The Lazarus Project maintains low administrative costs, as a significant component of administrative overhead (executive salaries) is absent.
What is the trend in The Lazarus Project's assets?
The Lazarus Project's assets have shown a positive growth trend. They increased from $230,502 in 201712 to $566,549 in 202312, indicating a healthy accumulation of resources over time.
Is The Lazarus Project transparent about its finances?
Yes, The Lazarus Project demonstrates good financial transparency through its consistent IRS 990 filings over 13 periods and the clear reporting of 0% officer compensation, which is a key indicator of how funds are managed.
Filing History
IRS 990 filing history for Lazarus Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lazarus Project's revenue has grown by 14.9%, moving from $971K to $1.1M. Total assets increased by 37.6% over the same period, from $412K to $567K. Total functional expenses rose by 18.4%, from $876K to $1.0M. In its most recent filing year (2023), Lazarus Project reported a surplus of $79K, with revenue exceeding expenses. The organization holds $340K in liabilities against $567K in assets (debt-to-asset ratio: 60.0%), resulting in net assets of $227K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.0M | $567K | $340K | — | — |
| 2022 | $795K | $1.0M | $558K | $410K | — | View 990 |
| 2021 | $1.0M | $994K | $462K | $48K | — | View 990 |
| 2020 | $1.0M | $993K | $415K | $42K | — | View 990 |
| 2019 | $1.1M | $1.0M | $379K | $43K | — | View 990 |
| 2018 | $1.3M | $1.2M | $331K | $35K | — | View 990 |
| 2017 | $1.2M | $1.3M | $231K | $72K | — | — |
| 2016 | $1.1M | $1.2M | $365K | $54K | — | View 990 |
| 2015 | $1.0M | $1.1M | $539K | $54K | — | View 990 |
| 2014 | $1.0M | $1.0M | $568K | $29K | — | View 990 |
| 2013 | $974K | $923K | $586K | $51K | — | View 990 |
| 2012 | $1.0M | $928K | $528K | $44K | — | View 990 |
| 2011 | $971K | $876K | $412K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.0M, and assets of $567K (revenue +40.4% year-over-year).
- 2022: Revenue of $795K, expenses of $1.0M, and assets of $558K (revenue -23.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $994K, and assets of $462K (revenue +0.4% year-over-year).
- 2020: Revenue of $1.0M, expenses of $993K, and assets of $415K (revenue -3.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $379K (revenue -20.8% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $331K (revenue +16.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $231K (revenue +8.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $365K (revenue +1.9% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $539K (revenue +1.1% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $568K (revenue +5.8% year-over-year).
- 2013: Revenue of $974K, expenses of $923K, and assets of $586K (revenue -6.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $928K, and assets of $528K (revenue +6.9% year-over-year).
- 2011: Revenue of $971K, expenses of $876K, and assets of $412K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lazarus Project:
Data Sources and Methodology
This transparency report for Lazarus Project 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.