The Ed Lally Foundation Inc
EIN: 832303511 · Bel Air, MD · NTEE: F01
Is The Ed Lally Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Ed Lally Foundation Inc
The Ed Lally Foundation Inc (EIN: 832303511) is a nonprofit organization based in Bel Air, MD, classified under NTEE code F01. The organization reported total revenue of $349K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Ed Lally Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for The Ed Lally Foundation Inc 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 The Ed Lally Foundation Inc 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.
Frequently Asked Questions about The Ed Lally Foundation Inc
Is The Ed Lally Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Ed Lally Foundation Inc (EIN: 832303511) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Ed Lally Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for The Ed Lally Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to The Ed Lally Foundation Inc tax-deductible?
The Ed Lally Foundation Inc is registered as a tax-exempt nonprofit (EIN: 832303511). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Ed Lally Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), The Ed Lally Foundation Inc's revenue has grown by 62.3%, moving from $89K to $145K. Total assets increased by 70.7% over the same period, from $18K to $31K. Total functional expenses rose by 56.9%, from $84K to $131K. In its most recent filing year (2023), The Ed Lally Foundation Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $1K in liabilities against $31K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $131K | $31K | $1K | — | — |
| 2022 | $89K | $84K | $18K | $2K | — | — |
Data Sources and Methodology
This transparency report for The Ed Lally 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.