Lor Foundation Inc
Lor Foundation Inc consistently spends more than it earns, drawing from substantial assets, with zero reported officer compensation.
EIN: 205682977 · West Chester, PA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $93.9M |
| Total Expenses | $20.5M |
| Program Spending | 90% |
| Net Assets | $325.1M |
| Transparency Score | 85/100 |
Is Lor Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lor Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lor Foundation Inc
Lor Foundation Inc (EIN: 205682977) is a nonprofit organization based in West Chester, PA, classified under NTEE code T20. The organization reported total revenue of $93.9M and total assets of $323.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lor Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lor Foundation Inc is a major 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 -19.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.8M |
| Total Expenses | $20.5M |
| Surplus / Deficit | $-5,770,310 |
| Total Assets | $327.2M |
| Total Liabilities | $2.2M |
| Net Assets | $325.1M |
| Operating Margin | -39.1% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 191.3 months |
Financial Health Grade: B
In 2023, Lor Foundation Inc reported a deficit of $5.8M with expenses exceeding revenue, holds 191.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lor Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +256.7% | -6.9% | +3.7% |
| 2022 | -67.9% | +11.7% | -10.4% |
| 2021 | +85.7% | -9.9% | +4.9% |
| 2020 | -35.6% | -3.3% | +1.3% |
| 2019 | -14.1% | +32.7% | +0.4% |
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 Lor 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, Lor 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 $5.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees, which is highly unusual and suggests a volunteer-led or externally managed structure for executive functions.
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 Lor Foundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $20.5M expenses vs. $14.7M revenue in 2023, which, while common for foundations, requires monitoring for long-term sustainability.
- Lack of detailed program vs. administrative spending breakdown in the provided summary, making it difficult to fully assess spending efficiency beyond executive compensation.
Strengths
The following positive indicators were identified for Lor Foundation Inc:
- Substantial and stable asset base, most recently $327,236,995 in 2023, providing long-term financial security.
- Consistent reporting of 0% officer compensation across all filings, indicating extremely low or non-existent executive overhead.
- Consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
- Low liabilities relative to assets (e.g., $2,171,145 liabilities vs. $327,236,995 assets in 2023), indicating strong financial health.
Frequently Asked Questions about Lor Foundation Inc
Is Lor Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lor Foundation Inc (EIN: 205682977) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Lor Foundation Inc spend its money?
Lor Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lor Foundation Inc tax-deductible?
Lor Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205682977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lor Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lor Foundation Inc 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 Lor Foundation Inc located?
Lor Foundation Inc is headquartered in West Chester, Pennsylvania and files with the IRS under EIN 205682977. It is classified under NTEE code T20.
How many years of IRS 990 filings does Lor Foundation Inc have?
Lor Foundation Inc 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 $93.9M in total revenue.
Is Lor Foundation Inc a good charity?
Based on the available data, Lor Foundation Inc appears to be a financially stable private foundation with substantial assets. Its consistent reporting of 0% officer compensation is a strong positive indicator of efficiency and dedication to its mission. However, without detailed program spending breakdowns, it's challenging to fully assess its direct impact per dollar.
Why does Lor Foundation Inc consistently spend more than its revenue?
As a private foundation, Lor Foundation Inc likely funds its operations and grants primarily from its endowment. The consistent trend of expenses exceeding revenue (e.g., $20,524,312 in expenses vs. $14,754,002 in revenue in 2023) suggests that it is drawing down from its significant asset base ($327,236,995 in 2023) to fulfill its philanthropic mission, which is a common practice for foundations.
What is the primary source of Lor Foundation Inc's funding?
Given the large and fluctuating revenue figures over the years (e.g., $185,104,989 in 2011, $4,136,179 in 2022, and $93,930,185 latest revenue), and its nature as a private foundation, its primary funding likely comes from investment returns on its substantial endowment and potentially large, infrequent contributions or grants from other entities.
How does Lor Foundation Inc manage its executive leadership without officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership (officers, directors, trustees) may be entirely volunteer-based, or that executive functions are managed by an external entity or staff whose compensation is categorized differently within the expenses, rather than directly as officer compensation.
Filing History
IRS 990 filing history for Lor Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lor Foundation Inc's revenue has declined by 92%, moving from $185.1M to $14.8M. Total assets increased by 56.5% over the same period, from $209.0M to $327.2M. Total functional expenses rose by 560.2%, from $3.1M to $20.5M. In its most recent filing year (2023), Lor Foundation Inc reported a deficit of $5.8M, with expenses exceeding revenue. The organization holds $2.2M in liabilities against $327.2M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $325.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.8M | $20.5M | $327.2M | $2.2M | — | — |
| 2022 | $4.1M | $22.1M | $315.7M | $809K | — | View 990 |
| 2021 | $12.9M | $19.7M | $352.4M | $668K | — | View 990 |
| 2020 | $6.9M | $21.9M | $335.9M | $700K | — | View 990 |
| 2019 | $10.8M | $22.7M | $331.6M | $390K | — | View 990 |
| 2015 | $12.5M | $17.1M | $330.4M | $109K | — | View 990 |
| 2014 | $15.9M | $17.4M | $360.5M | $18K | — | View 990 |
| 2013 | $24.0M | $6.8M | $373.8M | $20K | — | View 990 |
| 2012 | $156.9M | $9.3M | $356.7M | $31K | — | View 990 |
| 2011 | $185.1M | $3.1M | $209.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.8M, expenses of $20.5M, and assets of $327.2M (revenue +256.7% year-over-year).
- 2022: Revenue of $4.1M, expenses of $22.1M, and assets of $315.7M (revenue -67.9% year-over-year).
- 2021: Revenue of $12.9M, expenses of $19.7M, and assets of $352.4M (revenue +85.7% year-over-year).
- 2020: Revenue of $6.9M, expenses of $21.9M, and assets of $335.9M (revenue -35.6% year-over-year).
- 2019: Revenue of $10.8M, expenses of $22.7M, and assets of $331.6M (revenue -14.1% year-over-year).
- 2015: Revenue of $12.5M, expenses of $17.1M, and assets of $330.4M (revenue -20.9% year-over-year).
- 2014: Revenue of $15.9M, expenses of $17.4M, and assets of $360.5M (revenue -33.8% year-over-year).
- 2013: Revenue of $24.0M, expenses of $6.8M, and assets of $373.8M (revenue -84.7% year-over-year).
- 2012: Revenue of $156.9M, expenses of $9.3M, and assets of $356.7M (revenue -15.2% year-over-year).
- 2011: Revenue of $185.1M, expenses of $3.1M, and assets of $209.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lor Foundation Inc:
Data Sources and Methodology
This transparency report for Lor 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.