Lenzmeier Family Foundation
Lenzmeier Family Foundation shows consistent asset growth and zero executive compensation over a decade.
EIN: 200472176 · Minneapolis, MN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41.6M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $26 |
| Net Assets | $26.8M |
| Transparency Score | 92/100 |
Is Lenzmeier Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lenzmeier Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lenzmeier Family Foundation
Lenzmeier Family Foundation (EIN: 200472176) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T22. The organization reported total revenue of $41.6M and total assets of $28.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lenzmeier Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lenzmeier Family Foundation is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$136K |
| Total Assets | $26.8M |
| Total Liabilities | $1 |
| Net Assets | $26.8M |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.8 months |
Financial Health Grade: A
In 2023, Lenzmeier Family Foundation reported a surplus of $136K with revenue exceeding expenses, holds 150.8 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), Lenzmeier Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.0% | -21.2% | -1.0% |
| 2022 | -36.4% | +49.1% | +4.4% |
| 2021 | +45.2% | +7.3% | +12.4% |
| 2020 | +27.7% | +26.8% | +6.4% |
| 2019 | +186.3% | +10.0% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Lenzmeier Family Foundation with a Mission Score of 92 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, Lenzmeier 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:
- The organization reported a surplus of $136K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its size with assets exceeding $26 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.
Strengths
The following positive indicators were identified for Lenzmeier Family Foundation:
- Consistent asset growth (from $13.2M in 2011 to $26.8M in 2023)
- Zero officer compensation reported across all filings
- Minimal liabilities ($0 or $1 reported)
- Revenue consistently exceeds expenses in most periods, indicating financial stability
- Strong financial health and efficient use of funds due to lack of executive salaries
Frequently Asked Questions about Lenzmeier Family Foundation
Is Lenzmeier Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lenzmeier Family Foundation (EIN: 200472176) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Lenzmeier Family Foundation spend its money?
Lenzmeier Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lenzmeier Family Foundation tax-deductible?
Lenzmeier Family Foundation is registered as a tax-exempt nonprofit (EIN: 200472176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lenzmeier Family Foundation CEO make?
Lenzmeier Family Foundation's highest-compensated officer earns $26 annually. The organization reported $41.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Lenzmeier Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lenzmeier Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lenzmeier Family Foundation located?
Lenzmeier Family Foundation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 200472176. It is classified under NTEE code T22.
How many years of IRS 990 filings does Lenzmeier Family Foundation have?
Lenzmeier 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 $41.6M in total revenue.
Is Lenzmeier Family Foundation a good charity?
Based on the provided financial data, the Lenzmeier Family Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, consistently low liabilities, and a remarkable commitment to zero executive compensation, suggesting a high percentage of funds are directed towards its charitable purpose.
How has the foundation's asset base changed over time?
The foundation's assets have shown consistent growth, increasing from $13,214,877 in 2011 to $26,840,686 in 2023, indicating effective asset management and accumulation.
What is the trend in revenue and expenses?
Revenue and expenses fluctuate year-to-year, but revenue generally exceeds expenses, contributing to asset growth. For example, in 2023, revenue was $2,271,421 against expenses of $2,135,882, and in 2021, revenue was $6,058,951 against expenses of $1,818,503.
Filing History
IRS 990 filing history for Lenzmeier Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lenzmeier Family Foundation's revenue has declined by 58.2%, moving from $5.4M to $2.3M. Total assets increased by 103.1% over the same period, from $13.2M to $26.8M. Total functional expenses rose by 221.8%, from $664K to $2.1M. In its most recent filing year (2023), Lenzmeier Family Foundation reported a surplus of $136K, with revenue exceeding expenses. The organization holds $1 in liabilities against $26.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.1M | $26.8M | $1 | — | — |
| 2022 | $3.9M | $2.7M | $27.1M | $1 | — | View 990 |
| 2021 | $6.1M | $1.8M | $26.0M | $1 | — | View 990 |
| 2020 | $4.2M | $1.7M | $23.1M | $1 | — | View 990 |
| 2019 | $3.3M | $1.3M | $21.7M | $0 | — | View 990 |
| 2015 | $1.1M | $1.2M | $19.4M | $0 | — | View 990 |
| 2014 | $2.5M | $1.1M | $20.0M | $0 | — | View 990 |
| 2013 | $2.3M | $891K | $19.5M | $0 | — | View 990 |
| 2012 | $8.4M | $920K | $18.0M | $0 | — | View 990 |
| 2011 | $5.4M | $664K | $13.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.1M, and assets of $26.8M (revenue -41.0% year-over-year).
- 2022: Revenue of $3.9M, expenses of $2.7M, and assets of $27.1M (revenue -36.4% year-over-year).
- 2021: Revenue of $6.1M, expenses of $1.8M, and assets of $26.0M (revenue +45.2% year-over-year).
- 2020: Revenue of $4.2M, expenses of $1.7M, and assets of $23.1M (revenue +27.7% year-over-year).
- 2019: Revenue of $3.3M, expenses of $1.3M, and assets of $21.7M (revenue +186.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $19.4M (revenue -55.1% year-over-year).
- 2014: Revenue of $2.5M, expenses of $1.1M, and assets of $20.0M (revenue +9.3% year-over-year).
- 2013: Revenue of $2.3M, expenses of $891K, and assets of $19.5M (revenue -72.2% year-over-year).
- 2012: Revenue of $8.4M, expenses of $920K, and assets of $18.0M (revenue +54.0% year-over-year).
- 2011: Revenue of $5.4M, expenses of $664K, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lenzmeier Family Foundation:
Data Sources and Methodology
This transparency report for Lenzmeier 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.