The@Launfal Foundation

The@Launfal Foundation consistently reports no officer compensation amidst fluctuating revenues and expenses.

EIN: 208075391 · American Fork, UT · NTEE: T20 · Updated: 2026-03-28

$155KRevenue
$134KAssets
85/100Mission Score (Excellent)
T20
The@Launfal Foundation Financial Summary
MetricValue
Total Revenue$155K
Total Expenses$156K
Program Spending80%
Net Assets$106K
Transparency Score85/100

Is The@Launfal Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

The@Launfal Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The@Launfal Foundation

The@Launfal Foundation (EIN: 208075391) is a nonprofit organization based in American Fork, UT, classified under NTEE code T20. The organization reported total revenue of $155K and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Launfal Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

The@Launfal 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 19.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$102K
Total Expenses$156K
Surplus / Deficit$-53,959
Total Assets$106K
Total Liabilities$1
Net Assets$106K
Operating Margin-52.8%
Debt-to-Asset Ratio0.0%
Months of Reserves8.1 months

Financial Health Grade: B

In 2023, The@Launfal Foundation reported a deficit of $54K with expenses exceeding revenue, holds 8.1 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@Launfal Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.6%+17.8%-33.7%
2022-59.4%+24.9%-16.7%
2021+71.8%+6.4%+281.3%
2020+2944.9%-21.7%+761.4%
2019-88.3%+166.8%-89.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The@Launfal Foundation demonstrates a mixed financial picture based on its IRS 990 filings. While the organization has shown significant fluctuations in revenue and expenses over the past decade, with revenue peaking at $247,850 in 2021 and expenses at $156,159 in 2023, its assets have generally grown, reaching $133,502 currently. A notable strength is the consistent reporting of 0% officer compensation across all available filings, indicating a commitment to directing funds towards its mission rather than executive salaries. However, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 ($156,159 expenses vs. $102,200 revenue) and 2022 ($132,590 expenses vs. $100,575 revenue), which could raise questions about long-term financial sustainability if not addressed by drawing on reserves or increasing fundraising efficiency. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment is challenging. However, the absence of officer compensation is a positive indicator for efficiency. The organization's liabilities have consistently been very low, often reported as $1, which suggests good financial management in terms of debt. The consistent filing of IRS 990s over a long period (10 filings) indicates a commitment to transparency, allowing public scrutiny of its financial activities. Overall, The@Launfal Foundation appears to be a transparent organization with a strong commitment to avoiding executive compensation. Its financial health shows periods of growth and significant revenue, but also periods where expenses outpace income. The current assets of $133,502 provide some buffer, but careful management of expenses relative to revenue will be crucial for sustained financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The@Launfal 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, The@Launfal 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:

$102KTotal Revenue
$156KTotal Expenses
$106KTotal Assets
$1Total Liabilities
$106KNet Assets
  • The organization reported a deficit of $54K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its 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@Launfal Foundation's IRS 990 filings:

  • Expenses frequently exceed revenue, as seen in 2023 ($156,159 expenses vs. $102,200 revenue) and 2022 ($132,590 expenses vs. $100,575 revenue), which could indicate reliance on reserves or unsustainable spending.

Strengths

The following positive indicators were identified for The@Launfal Foundation:

  • Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to mission-focused spending.
  • Low liabilities, often reported as $1, indicating sound financial management regarding debt.
  • Long history of IRS 990 filings (10 filings), suggesting good transparency and compliance.
  • Significant asset growth over time, from $5,845 in 2019 to $133,502 currently, providing a financial buffer.

Frequently Asked Questions about The@Launfal Foundation

Is The@Launfal Foundation a legitimate charity?

The@Launfal Foundation (EIN: 208075391) 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: $155K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does The@Launfal Foundation spend its money?

The@Launfal Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to The@Launfal Foundation tax-deductible?

The@Launfal Foundation is registered as a tax-exempt nonprofit (EIN: 208075391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of The@Launfal Foundation's spending goes to programs?

The@Launfal Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does The@Launfal Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), The@Launfal Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The@Launfal Foundation located?

The@Launfal Foundation is headquartered in American Fork, Utah and files with the IRS under EIN 208075391. It is classified under NTEE code T20.

How many years of IRS 990 filings does The@Launfal Foundation have?

The@Launfal 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 $155K in total revenue.

Is The@Launfal Foundation financially stable?

The organization's financial stability shows fluctuations. While it has current assets of $133,502, expenses have exceeded revenue in several recent periods, such as 2023 ($156,159 expenses vs. $102,200 revenue) and 2022 ($132,590 expenses vs. $100,575 revenue). This trend, if continued, could impact long-term stability.

How does The@Launfal Foundation manage executive compensation?

The@Launfal Foundation reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers, which is a strong positive for donor confidence.

What is the trend in The@Launfal Foundation's revenue?

Revenue has been highly variable, ranging from a low of $4,739 in 2019 to a high of $247,850 in 2021. The latest reported revenue is $102,200 for 2023, showing a decrease from the 2021 peak.

Filing History

IRS 990 filing history for The@Launfal Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), The@Launfal Foundation's revenue has grown by 786.6%, moving from $12K to $102K. Total assets increased by 56.4% over the same period, from $68K to $106K. Total functional expenses rose by 334%, from $36K to $156K. In its most recent filing year (2023), The@Launfal Foundation reported a deficit of $54K, with expenses exceeding revenue. The organization holds $1 in liabilities against $106K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $106K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $102K $156K $106K $1 View 990
2022 $101K $133K $160K $1 View 990
2021 $248K $106K $192K $1 View 990
2020 $144K $100K $50K $1
2019 $5K $127K $6K $1
2015 $41K $48K $58K $8K View 990
2014 $59K $58K $57K $1 View 990
2013 $14K $37K $56K $1 View 990
2012 $34K $22K $79K $1 View 990
2011 $12K $36K $68K $1K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $102K, expenses of $156K, and assets of $106K (revenue +1.6% year-over-year).
  • 2022: Revenue of $101K, expenses of $133K, and assets of $160K (revenue -59.4% year-over-year).
  • 2021: Revenue of $248K, expenses of $106K, and assets of $192K (revenue +71.8% year-over-year).
  • 2020: Revenue of $144K, expenses of $100K, and assets of $50K (revenue +2944.9% year-over-year).
  • 2019: Revenue of $5K, expenses of $127K, and assets of $6K (revenue -88.3% year-over-year).
  • 2015: Revenue of $41K, expenses of $48K, and assets of $58K (revenue -30.9% year-over-year).
  • 2014: Revenue of $59K, expenses of $58K, and assets of $57K (revenue +315.6% year-over-year).
  • 2013: Revenue of $14K, expenses of $37K, and assets of $56K (revenue -58.3% year-over-year).
  • 2012: Revenue of $34K, expenses of $22K, and assets of $79K (revenue +194.6% year-over-year).
  • 2011: Revenue of $12K, expenses of $36K, and assets of $68K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The@Launfal Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The@Launfal 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.

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