The Lampert Foundation
The Lampert Foundation consistently spends more than its annual revenue, drawing from its substantial $47.6 million asset base.
EIN: 205436006 · Bay Harbor Is, FL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $3.1M |
| Program Spending | 80% |
| Net Assets | $48.8M |
| Transparency Score | 75/100 |
Is The Lampert Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Lampert Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Lampert Foundation
The Lampert Foundation (EIN: 205436006) is a nonprofit organization based in Bay Harbor Is, FL, classified under NTEE code T22. The organization reported total revenue of $2.1M and total assets of $47.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lampert Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Lampert Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-1,093,615 |
| Total Assets | $48.8M |
| Total Liabilities | $1 |
| Net Assets | $48.8M |
| Operating Margin | -55.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.4 months |
Financial Health Grade: B
In 2023, The Lampert Foundation reported a deficit of $1.1M with expenses exceeding revenue, holds 190.4 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), The Lampert Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +317.2% | -0.8% | -2.2% |
| 2022 | -94.2% | +28.7% | -5.0% |
| 2021 | +5042.8% | +0.2% | +12.5% |
| 2020 | -70.4% | -2.9% | -4.6% |
| 2019 | +10.0% | -7.8% | -12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 The Lampert Foundation with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Lampert Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Lampert Foundation consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership structure or that executive compensation is handled outside the scope of these specific disclosures, which could be a positive for resource allocation if truly volunteer-led.
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 Lampert Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in recent years, indicating reliance on asset drawdowns.
- Declining asset base over the last decade (e.g., from $57.9M in 2014 to $47.6M currently).
Strengths
The following positive indicators were identified for The Lampert Foundation:
- Substantial asset base ($47,595,200) provides financial stability.
- Very low reported liabilities ($1 across multiple years) indicates minimal debt.
- Consistent 0% officer compensation suggests efficient use of funds or volunteer leadership.
- Long history of IRS 990 filings (10 filings) indicates transparency and compliance.
Frequently Asked Questions about The Lampert Foundation
Is The Lampert Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Lampert Foundation (EIN: 205436006) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does The Lampert Foundation spend its money?
The Lampert Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Lampert Foundation tax-deductible?
The Lampert Foundation is registered as a tax-exempt nonprofit (EIN: 205436006). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Lampert Foundation's spending goes to programs?
The Lampert Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Lampert Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Lampert 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 The Lampert Foundation located?
The Lampert Foundation is headquartered in Bay Harbor Is, Florida and files with the IRS under EIN 205436006. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Lampert Foundation have?
The Lampert 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 $2.1M in total revenue.
Is The Lampert Foundation a good charity?
As a private foundation with substantial assets and a history of consistent grant-making (implied by expenses exceeding revenue), it appears to be fulfilling its philanthropic purpose. However, without detailed program expense breakdowns, a full assessment of its 'goodness' in terms of direct impact is limited.
How does The Lampert Foundation fund its operations?
The foundation primarily funds its operations and grants by drawing from its significant asset base, as evidenced by expenses consistently exceeding annual revenue in recent years (e.g., $3.07M expenses vs. $1.98M revenue in 2023).
What is the trend in The Lampert Foundation's assets?
The foundation's assets have fluctuated over time, decreasing from a high of $57,958,826 in 2014 to $47,595,200 currently, and $48,786,466 in 2023, indicating a gradual decline in its endowment over the last decade despite some periods of growth.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation may operate with a volunteer board or that executive compensation is not directly paid by the foundation itself, which could be a cost-saving measure.
What is the organization's NTEE code and what does it mean?
The NTEE code T22 indicates the organization is involved in 'Foundations, Public Charities, and Grantmaking Organizations' specifically 'Private Grantmaking Foundations'. This means its primary purpose is to make grants to other organizations or individuals.
Filing History
IRS 990 filing history for The Lampert Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Lampert Foundation's revenue has declined by 85.4%, moving from $13.5M to $2.0M. Total assets increased by 100.6% over the same period, from $24.3M to $48.8M. Total functional expenses rose by 836%, from $328K to $3.1M. In its most recent filing year (2023), The Lampert Foundation reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $48.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $48.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $3.1M | $48.8M | $1 | — | — |
| 2022 | $475K | $3.1M | $49.9M | $1 | — | View 990 |
| 2021 | $8.2M | $2.4M | $52.5M | $1 | — | — |
| 2020 | $160K | $2.4M | $46.7M | $1 | — | — |
| 2019 | $541K | $2.5M | $48.9M | $1 | — | View 990 |
| 2015 | $492K | $2.7M | $55.8M | $1 | — | View 990 |
| 2014 | $15.7M | $2.2M | $58.0M | $1 | — | View 990 |
| 2013 | $180K | $1.2M | $44.5M | $1 | — | View 990 |
| 2012 | $24.0M | $1.2M | $45.5M | $1 | — | View 990 |
| 2011 | $13.5M | $328K | $24.3M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $3.1M, and assets of $48.8M (revenue +317.2% year-over-year).
- 2022: Revenue of $475K, expenses of $3.1M, and assets of $49.9M (revenue -94.2% year-over-year).
- 2021: Revenue of $8.2M, expenses of $2.4M, and assets of $52.5M (revenue +5042.8% year-over-year).
- 2020: Revenue of $160K, expenses of $2.4M, and assets of $46.7M (revenue -70.4% year-over-year).
- 2019: Revenue of $541K, expenses of $2.5M, and assets of $48.9M (revenue +10.0% year-over-year).
- 2015: Revenue of $492K, expenses of $2.7M, and assets of $55.8M (revenue -96.9% year-over-year).
- 2014: Revenue of $15.7M, expenses of $2.2M, and assets of $58.0M (revenue +8603.8% year-over-year).
- 2013: Revenue of $180K, expenses of $1.2M, and assets of $44.5M (revenue -99.2% year-over-year).
- 2012: Revenue of $24.0M, expenses of $1.2M, and assets of $45.5M (revenue +77.0% year-over-year).
- 2011: Revenue of $13.5M, expenses of $328K, and assets of $24.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Lampert Foundation:
Data Sources and Methodology
This transparency report for The Lampert 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.