The Laing Family Foundation

Laing Family Foundation consistently spends more than it earns, drawing down assets.

EIN: 205649366 · Plaistow, NH · Updated: 2026-03-28

$0Revenue

$0Assets

70/100Mission Score (Good)

Is The Laing Family Foundation Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Laing Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Laing Family Foundation

The Laing Family Foundation (EIN: 205649366) is a nonprofit organization based in Plaistow, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Laing Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Laing Family Foundation appears to be a very small private foundation, as indicated by its consistently low revenue and expenses over the past four reported periods. With revenues ranging from $718 to $2,422 and expenses from $5,830 to $6,332, the organization consistently spends more than it brings in annually. This operational deficit is covered by its assets, which have steadily declined from $83,911 in 2011 to $69,868 in 2014, suggesting a spend-down strategy or a lack of significant new funding. The foundation maintains minimal liabilities, consistently reported as $1, which is a positive indicator of financial stability in that regard.

Given the extremely small scale of operations, a detailed analysis of spending efficiency in terms of program, administrative, and fundraising ratios is challenging and potentially misleading without more granular data on the nature of its grants or activities. However, the consistent reporting of 0% officer compensation across all filings suggests that the foundation is run by unpaid individuals, which is a strong positive for efficiency and ensures that all available funds are directed towards its mission or asset preservation. The consistent filing of IRS Form 990-PF (implied by the data for a private foundation) demonstrates a commitment to regulatory transparency, even if the financial activity is minimal.

Overall, while the foundation is transparent with its filings and operates with no paid executive compensation, its financial health is characterized by a consistent draw-down of assets due to expenses exceeding revenue. This model is sustainable only as long as assets remain or new funding sources emerge. Without knowing the specific mission or grant-making activities, it's difficult to fully assess its impact, but its operational structure appears lean.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Laing Family Foundation with a Mission Score of 70 out of 100 (Good). 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, The Laing Family 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

Officer compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is unpaid, which is highly efficient for an organization of its small 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.

Red Flags

The following concerns were identified during AI analysis of The Laing Family Foundation's IRS 990 filings:

Consistent operational deficit (expenses exceed revenue)
Declining asset base over time

Strengths

The following positive indicators were identified for The Laing Family Foundation:

0% officer compensation, indicating highly efficient leadership costs
Low liabilities, consistently reported as $1
Consistent IRS 990 filing history, indicating transparency

Frequently Asked Questions about The Laing Family Foundation

Is The Laing Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Laing Family Foundation (EIN: 205649366) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

How does The Laing Family Foundation spend its money?

The Laing Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to The Laing Family Foundation tax-deductible?

The Laing Family Foundation is registered as a tax-exempt nonprofit (EIN: 205649366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is The Laing Family Foundation a good charity?

Based on the available data, the foundation operates with no paid executive compensation and consistently files its IRS forms, indicating transparency. However, its financial model shows expenses consistently exceeding revenue, leading to a decline in assets from $83,911 to $69,868 over four years. Its 'goodness' depends on its specific mission and the impact of its grant-making, which is not detailed in the provided financial summary.

How does The Laing Family Foundation fund its operations?

The foundation primarily funds its operations and expenses by drawing down its existing assets, as its annual expenses (e.g., $5,830 in 2014) consistently exceed its annual revenue (e.g., $1,814 in 2014).

What is the trend in The Laing Family Foundation's assets?

The foundation's assets have shown a consistent downward trend, decreasing from $83,911 in 2011 to $69,868 in 2014, reflecting the ongoing operational deficit where expenses exceed revenue.

Filing History

IRS 990 filing history for The Laing Family Foundation showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2011–2014), The Laing Family Foundation's revenue has declined by 25.1%, moving from $2K to $2K. Total assets decreased by 16.7% over the same period, from $84K to $70K. Total functional expenses fell by 7.9%, from $6K to $6K. In its most recent filing year (2014), The Laing Family Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $70K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $70K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2014	$2K	$6K	$70K	$1	—	View 990
2013	$718	$6K	$74K	$1	—	View 990
2012	$1K	$6K	$79K	$1	—	View 990
2011	$2K	$6K	$84K	$1	—	View 990

Year-by-Year Financial Summary

2014: Revenue of $2K, expenses of $6K, and assets of $70K (revenue +152.6% year-over-year).
2013: Revenue of $718, expenses of $6K, and assets of $74K (revenue -41.1% year-over-year).
2012: Revenue of $1K, expenses of $6K, and assets of $79K (revenue -49.6% year-over-year).
2011: Revenue of $2K, expenses of $6K, and assets of $84K.

Data Sources and Methodology

This transparency report for The Laing Family 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.