M Lazy M Foundation
M Lazy M Foundation maintains stable assets and zero officer compensation despite fluctuating revenues.
EIN: 205513725 · Salt Lake Cty, UT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $391K |
| Total Expenses | $124K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is M Lazy M Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
M Lazy M Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About M Lazy M Foundation
M Lazy M Foundation (EIN: 205513725) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code T22. The organization reported total revenue of $391K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of M Lazy M Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
M Lazy M Foundation is a small 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 -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $124K |
| Surplus / Deficit | +$26K |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 134.0 months |
Financial Health Grade: A
In 2023, M Lazy M Foundation reported a surplus of $26K with revenue exceeding expenses, holds 134.0 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), M Lazy M Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106.2% | -6.9% | +1.9% |
| 2022 | -9.5% | +0.5% | -4.3% |
| 2020 | -115.8% | +11.9% | -8.8% |
| 2019 | +10.7% | +3.4% | +0.8% |
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 M Lazy M Foundation 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, M Lazy M 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly efficient for an organization of its size with assets over $1.3 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.
Red Flags
The following concerns were identified during AI analysis of M Lazy M Foundation's IRS 990 filings:
- Highly fluctuating annual revenue, including a negative revenue year in 2020, which could indicate reliance on volatile funding sources or investment losses.
Strengths
The following positive indicators were identified for M Lazy M Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Stable and substantial asset base, consistently over $1.3 million, providing financial resilience.
- Minimal liabilities ($1 reported consistently), demonstrating strong financial management and low debt.
- Relatively stable expense levels over the past decade, suggesting predictable operational costs.
Frequently Asked Questions about M Lazy M Foundation
Is M Lazy M Foundation a legitimate charity?
M Lazy M Foundation (EIN: 205513725) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $391K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does M Lazy M Foundation spend its money?
M Lazy M Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to M Lazy M Foundation tax-deductible?
M Lazy M Foundation is registered as a tax-exempt nonprofit (EIN: 205513725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the M Lazy M Foundation CEO make?
M Lazy M Foundation's highest-compensated officer earns $1.3 annually. The organization reported $391K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does M Lazy M Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), M Lazy M 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 M Lazy M Foundation located?
M Lazy M Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 205513725. It is classified under NTEE code T22.
How many years of IRS 990 filings does M Lazy M Foundation have?
M Lazy M 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 $391K in total revenue.
Is M Lazy M Foundation a good charity?
Based on the provided data, M Lazy M Foundation appears to be a financially sound organization with a strong commitment to efficiency, evidenced by its 0% officer compensation and minimal liabilities. Its consistent asset base and low administrative overhead suggest effective stewardship of resources.
How does M Lazy M Foundation manage its expenses?
The foundation consistently keeps its expenses within a manageable range, typically between $77,575 and $133,551 annually. The absence of officer compensation suggests that a very high percentage of expenses are directed towards program activities and essential administrative functions.
What is the trend in M Lazy M Foundation's revenue?
Revenue for M Lazy M Foundation has been highly variable, ranging from a high of $581,393 in 2011 to a low of negative $28,559 in 2020. More recently, revenue was $150,089 in 2023 and $72,790 in 2022, indicating an inconsistent funding stream.
Filing History
IRS 990 filing history for M Lazy M Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), M Lazy M Foundation's revenue has declined by 74.2%, moving from $581K to $150K. Total assets decreased by 3.8% over the same period, from $1.4M to $1.4M. Total functional expenses rose by 51.1%, from $82K to $124K. In its most recent filing year (2023), M Lazy M Foundation reported a surplus of $26K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $124K | $1.4M | $1 | — | — |
| 2022 | $73K | $134K | $1.4M | $1 | — | — |
| 2021 | $80K | $133K | $1.4M | $1 | — | View 990 |
| 2020 | $-28,559 | $114K | $1.5M | $1 | — | — |
| 2019 | $181K | $102K | $1.6M | $1 | — | — |
| 2015 | $164K | $99K | $1.6M | $1 | — | View 990 |
| 2014 | $93K | $85K | $1.5M | $1 | — | View 990 |
| 2013 | $165K | $93K | $1.5M | $1 | — | View 990 |
| 2012 | $97K | $78K | $1.5M | $1 | — | View 990 |
| 2011 | $581K | $82K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $124K, and assets of $1.4M (revenue +106.2% year-over-year).
- 2022: Revenue of $73K, expenses of $134K, and assets of $1.4M (revenue -9.5% year-over-year).
- 2021: Revenue of $80K, expenses of $133K, and assets of $1.4M.
- 2020: Revenue of $-28,559, expenses of $114K, and assets of $1.5M (revenue -115.8% year-over-year).
- 2019: Revenue of $181K, expenses of $102K, and assets of $1.6M (revenue +10.7% year-over-year).
- 2015: Revenue of $164K, expenses of $99K, and assets of $1.6M (revenue +76.6% year-over-year).
- 2014: Revenue of $93K, expenses of $85K, and assets of $1.5M (revenue -44.0% year-over-year).
- 2013: Revenue of $165K, expenses of $93K, and assets of $1.5M (revenue +71.0% year-over-year).
- 2012: Revenue of $97K, expenses of $78K, and assets of $1.5M (revenue -83.4% year-over-year).
- 2011: Revenue of $581K, expenses of $82K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for M Lazy M Foundation:
Data Sources and Methodology
This transparency report for M Lazy M 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.