Lukas Foundation
Lukas Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues and expenses.
EIN: 20358724 · Temple, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $7.4M |
| Transparency Score | 92/100 |
Is Lukas Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lukas Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lukas Foundation
Lukas Foundation (EIN: 20358724) is a nonprofit organization based in Temple, NH. The organization reported total revenue of $2.2M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lukas Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lukas Foundation is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-131,372 |
| Total Assets | $7.4M |
| Total Liabilities | $40K |
| Net Assets | $7.4M |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 55.7 months |
Financial Health Grade: B
In 2023, Lukas Foundation reported a deficit of $131K with expenses exceeding revenue, holds 55.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lukas Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | -5.5% | +2.3% |
| 2022 | -18.0% | -7.6% | -17.5% |
| 2021 | +18.4% | +24.5% | +1.3% |
| 2020 | -13.2% | +34.7% | +7.5% |
| 2019 | +31.9% | +6.6% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Lukas 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lukas Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $131K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation for the Lukas Foundation has been consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly unusual for an organization with annual revenues exceeding $1 million and suggests a volunteer-led or externally funded leadership structure, significantly enhancing the proportion of funds available for programmatic activities.
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 Lukas Foundation's IRS 990 filings:
- No detailed breakdown of program, administrative, and fundraising expenses provided in the summary data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Lukas Foundation:
- Consistently 0% officer compensation, indicating high efficiency and dedication to mission.
- Strong asset base relative to annual expenses (e.g., $7,430,388 assets vs. $1,601,785 expenses in 2023).
- Very low to zero liabilities across all reported periods, indicating sound financial management.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Long operational history with 13 filings, suggesting stability and established presence.
Frequently Asked Questions about Lukas Foundation
Is Lukas Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lukas Foundation (EIN: 20358724) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Lukas Foundation spend its money?
Lukas Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lukas Foundation tax-deductible?
Lukas Foundation is registered as a tax-exempt nonprofit (EIN: 20358724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lukas Foundation CEO make?
Lukas Foundation's highest-compensated officer earns $1 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lukas Foundation's spending goes to programs?
Lukas Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lukas Foundation located?
Lukas Foundation is headquartered in Temple, New Hampshire and files with the IRS under EIN 20358724.
How many years of IRS 990 filings does Lukas Foundation have?
Lukas Foundation 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 $2.2M in total revenue.
Is Lukas Foundation a good charity?
Based on the available IRS 990 data, Lukas Foundation appears to be a very good charity. It maintains a strong asset base (e.g., $7,430,388 in 2023), consistently reports 0% officer compensation, and has minimal liabilities, all of which are strong indicators of sound financial health and a high dedication to its mission.
How does Lukas Foundation manage its finances?
The Lukas Foundation manages its finances prudently, as evidenced by its substantial assets (e.g., $6,584,021 latest reported), consistently low liabilities (often $0), and the absence of officer compensation. While revenues and expenses fluctuate, the organization maintains a healthy financial cushion.
What is the trend in Lukas Foundation's revenue and expenses?
Lukas Foundation's revenue has fluctuated, ranging from a low of $915,687 in 2014 to a high of $1,676,506 in 2021. Expenses generally track revenue, often resulting in slight surpluses or deficits, such as a $131,372 deficit in 2023 ($1,470,413 revenue vs. $1,601,785 expenses).
Filing History
IRS 990 filing history for Lukas Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lukas Foundation's revenue has grown by 35.7%, moving from $1.1M to $1.5M. Total assets increased by 13.4% over the same period, from $6.6M to $7.4M. Total functional expenses rose by 78.7%, from $896K to $1.6M. In its most recent filing year (2023), Lukas Foundation reported a deficit of $131K, with expenses exceeding revenue. The organization holds $40K in liabilities against $7.4M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $7.4M | $40K | — | View 990 |
| 2022 | $1.4M | $1.7M | $7.3M | $0 | — | View 990 |
| 2021 | $1.7M | $1.8M | $8.8M | $0 | — | View 990 |
| 2020 | $1.4M | $1.5M | $8.7M | $94K | — | — |
| 2019 | $1.6M | $1.1M | $8.1M | $0 | — | View 990 |
| 2018 | $1.2M | $1.0M | $7.1M | $0 | — | View 990 |
| 2017 | $1.0M | $1.1M | $7.6M | $3K | — | View 990 |
| 2016 | $1.1M | $1.0M | $7.2M | $9K | — | View 990 |
| 2015 | $969K | $964K | $7.1M | $4K | — | View 990 |
| 2014 | $916K | $1.0M | $7.3M | $14K | — | View 990 |
| 2013 | $1.0M | $961K | $7.1M | $8K | — | View 990 |
| 2012 | $958K | $922K | $6.8M | $11K | — | View 990 |
| 2011 | $1.1M | $896K | $6.6M | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $7.4M (revenue +7.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.7M, and assets of $7.3M (revenue -18.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $8.8M (revenue +18.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $8.7M (revenue -13.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.1M, and assets of $8.1M (revenue +31.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.0M, and assets of $7.1M (revenue +23.4% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $7.6M (revenue -6.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $7.2M (revenue +10.8% year-over-year).
- 2015: Revenue of $969K, expenses of $964K, and assets of $7.1M (revenue +5.8% year-over-year).
- 2014: Revenue of $916K, expenses of $1.0M, and assets of $7.3M (revenue -8.5% year-over-year).
- 2013: Revenue of $1.0M, expenses of $961K, and assets of $7.1M (revenue +4.5% year-over-year).
- 2012: Revenue of $958K, expenses of $922K, and assets of $6.8M (revenue -11.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $896K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lukas Foundation:
Data Sources and Methodology
This transparency report for Lukas 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.