Steinberg Lalli Charitable Foundation

Steinberg Lalli Charitable Foundation maintains stable $10M assets with zero officer compensation.

EIN: 206184268 · Acton, MA · NTEE: T20 · Updated: 2026-03-28

$8.5MRevenue

$10.3MAssets

95/100Mission Score (Excellent)

T20

About Steinberg Lalli Charitable Foundation

Steinberg Lalli Charitable Foundation (EIN: 206184268) is a nonprofit organization based in Acton, MA, classified under NTEE code T20. The organization reported total revenue of $8.5M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steinberg Lalli Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Steinberg Lalli Charitable Foundation appears to be a well-managed private foundation with a consistent asset base of approximately $10 million over the past decade. Its financial health is stable, with revenues generally covering expenses, though some years show a slight deficit, such as 202312 where expenses ($553,315) exceeded revenue ($538,691). The foundation maintains extremely low liabilities, consistently reported as $1 in most recent filings, indicating strong financial solvency and minimal debt burden. This suggests a conservative and responsible approach to financial management.

Spending efficiency is high, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards programmatic activities. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a strong indicator of efficient overhead. The foundation's consistent asset level also suggests prudent investment and spending practices.

Transparency is excellent, primarily due to the clear reporting of 0% officer compensation. This level of detail regarding executive pay, or lack thereof, is a significant positive for a charitable organization. The consistent filing of IRS Form 990s over a decade further demonstrates a commitment to public accountability and transparency regarding its financial operations and asset management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Steinberg Lalli Charitable Foundation with a Mission Score of 95 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, Steinberg Lalli Charitable 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.

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 unusual and suggests a volunteer-led or extremely lean operational model for a foundation of this size.

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 Steinberg Lalli Charitable Foundation:

Consistent asset base of approximately $10 million, indicating strong financial stability.
0% officer compensation reported across all filings, demonstrating exceptional spending efficiency and dedication.
Extremely low liabilities (consistently $1), reflecting robust financial health and minimal debt.
Consistent filing of IRS Form 990s over a decade, indicating strong transparency and accountability.

Frequently Asked Questions about Steinberg Lalli Charitable Foundation

Is Steinberg Lalli Charitable Foundation a good charity?

Based on the provided data, the Steinberg Lalli Charitable Foundation appears to be a very good charity, particularly due to its stable financial health, consistent asset base, and the notable absence of officer compensation, which suggests high efficiency in directing funds towards its mission.

How does the foundation manage to operate with 0% officer compensation?

Operating with 0% officer compensation suggests that the foundation's leadership is entirely volunteer-based or that administrative functions are handled by external, non-officer staff, or through other means not involving direct officer salaries. This is a significant indicator of dedication and efficiency.

What is the trend in the foundation's revenue and expenses?

The foundation's revenue and expenses have fluctuated over the past decade, generally staying within the $500,000 to $800,000 range annually. While some years show expenses slightly exceeding revenue (e.g., 202312, 202212, 202012), the overall asset base of approximately $10 million has remained remarkably stable, indicating effective long-term financial management.

Filing History

IRS 990 filing history for Steinberg Lalli Charitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Steinberg Lalli Charitable Foundation's revenue has declined by 48.1%, moving from $1.0M to $539K. Total assets increased by 2.6% over the same period, from $9.9M to $10.2M. Total functional expenses fell by 16.1%, from $659K to $553K. In its most recent filing year (2023), Steinberg Lalli Charitable Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$539K	$553K	$10.2M	$1	—	View 990
2022	$560K	$614K	$10.2M	$1	—	View 990
2021	$678K	$556K	$10.3M	$1	—	—
2020	$529K	$653K	$10.2M	$1	—	View 990
2019	$601K	$624K	$10.3M	$1	—	View 990
2015	$634K	$720K	$10.2M	$1	—	View 990
2014	$795K	$476K	$10.3M	$1	—	View 990
2013	$728K	$918K	$9.9M	$12K	—	View 990
2012	$839K	$663K	$10.1M	$1	—	View 990
2011	$1.0M	$659K	$9.9M	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $539K, expenses of $553K, and assets of $10.2M (revenue -3.9% year-over-year).
2022: Revenue of $560K, expenses of $614K, and assets of $10.2M (revenue -17.4% year-over-year).
2021: Revenue of $678K, expenses of $556K, and assets of $10.3M (revenue +28.3% year-over-year).
2020: Revenue of $529K, expenses of $653K, and assets of $10.2M (revenue -11.9% year-over-year).
2019: Revenue of $601K, expenses of $624K, and assets of $10.3M (revenue -5.3% year-over-year).
2015: Revenue of $634K, expenses of $720K, and assets of $10.2M (revenue -20.3% year-over-year).
2014: Revenue of $795K, expenses of $476K, and assets of $10.3M (revenue +9.3% year-over-year).
2013: Revenue of $728K, expenses of $918K, and assets of $9.9M (revenue -13.2% year-over-year).
2012: Revenue of $839K, expenses of $663K, and assets of $10.1M (revenue -19.2% year-over-year).
2011: Revenue of $1.0M, expenses of $659K, and assets of $9.9M.

Data Sources and Methodology

This transparency report for Steinberg Lalli Charitable 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.