Lyndon Paul Lorusso Charitable Foundation Of 2002
EIN: 542082336 · Boston, MA · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $1.6M |
| Net Assets | $27.8M |
Is Lyndon Paul Lorusso Charitable Foundation Of 2002 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lyndon Paul Lorusso Charitable Foundation Of 2002
Lyndon Paul Lorusso Charitable Foundation Of 2002 (EIN: 542082336) is a nonprofit organization based in Boston, MA, classified under NTEE code T22. The organization reported total revenue of $4.2M and total assets of $28.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lyndon Paul Lorusso Charitable Foundation Of 2002's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lyndon Paul Lorusso Charitable Foundation Of 2002 is a mid-size nonprofit that has been operating for 6 years, with 12 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3550.7% | -52.8% | -6.5% |
| 2022 | -98.2% | +257.5% | -13.9% |
| 2021 | -29.3% | -6.2% | +0.2% |
| 2020 | +353.8% | -14.6% | +1.3% |
| 2019 | -36.3% | +353.3% | +164.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lyndon Paul Lorusso Charitable Foundation Of 2002 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lyndon Paul Lorusso Charitable Foundation Of 2002 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Lyndon Paul Lorusso Charitable Foundation Of 2002
Is Lyndon Paul Lorusso Charitable Foundation Of 2002 a legitimate charity?
Lyndon Paul Lorusso Charitable Foundation Of 2002 (EIN: 542082336) is a registered tax-exempt nonprofit based in Massachusetts. It has 12 years of IRS 990 filings on record. Total revenue: $4.2M. No red flags identified. Financial health grade: B.
How does Lyndon Paul Lorusso Charitable Foundation Of 2002 spend its money?
Lyndon Paul Lorusso Charitable Foundation Of 2002 reported $4.2M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lyndon Paul Lorusso Charitable Foundation Of 2002 tax-deductible?
Lyndon Paul Lorusso Charitable Foundation Of 2002 is registered as a tax-exempt nonprofit (EIN: 542082336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lyndon Paul Lorusso Charitable Foundation Of 2002 located?
Lyndon Paul Lorusso Charitable Foundation Of 2002 is headquartered in Boston, Massachusetts and files with the IRS under EIN 542082336. It is classified under NTEE code T22.
How many years of IRS 990 filings does Lyndon Paul Lorusso Charitable Foundation Of 2002 have?
Lyndon Paul Lorusso Charitable Foundation Of 2002 has 12 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 $4.2M in total revenue.
Filing History
IRS 990 filing history for Lyndon Paul Lorusso Charitable Foundation Of 2002 showing financial trends over 12 years of public records:
Total assets increased by 306.1% over the same period, from $6.8M to $27.8M. Total functional expenses rose by 143.9%, from $650K to $1.6M. The organization holds $1 in liabilities against $27.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-635,522 | $1.6M | $27.8M | $1 | — | — |
| 2022 | $18K | $3.4M | $29.7M | $1 | — | View 990 |
| 2021 | $1.0M | $939K | $34.4M | $1 | — | View 990 |
| 2020 | $1.4M | $1.0M | $34.4M | $6K | — | — |
| 2019 | $316K | $1.2M | $33.9M | $6K | — | View 990 |
| 2018 | $497K | $259K | $12.8M | $39K | — | View 990 |
| 2017 | $5.5M | $1.9M | $12.7M | $85K | — | View 990 |
| 2015 | $110K | $873K | $6.4M | $0 | — | View 990 |
| 2014 | $1.1M | $925K | $7.1M | $0 | — | View 990 |
| 2013 | $1.7M | $1.0M | $7.0M | $0 | — | View 990 |
| 2012 | $-267,739 | $343K | $6.3M | $0 | — | View 990 |
| 2011 | $-76,012 | $650K | $6.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-635,522, expenses of $1.6M, and assets of $27.8M (revenue -3550.7% year-over-year).
- 2022: Revenue of $18K, expenses of $3.4M, and assets of $29.7M (revenue -98.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $939K, and assets of $34.4M (revenue -29.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.0M, and assets of $34.4M (revenue +353.8% year-over-year).
- 2019: Revenue of $316K, expenses of $1.2M, and assets of $33.9M (revenue -36.3% year-over-year).
- 2018: Revenue of $497K, expenses of $259K, and assets of $12.8M (revenue -91.0% year-over-year).
- 2017: Revenue of $5.5M, expenses of $1.9M, and assets of $12.7M (revenue +4922.6% year-over-year).
- 2015: Revenue of $110K, expenses of $873K, and assets of $6.4M (revenue -89.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $925K, and assets of $7.1M (revenue -35.6% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.0M, and assets of $7.0M.
- 2012: Revenue of $-267,739, expenses of $343K, and assets of $6.3M.
- 2011: Revenue of $-76,012, expenses of $650K, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lyndon Paul Lorusso Charitable Foundation Of 2002:
Data Sources and Methodology
This transparency report for Lyndon Paul Lorusso Charitable Foundation Of 2002 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.