Elma M Lapp Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,727,294 | 3,126,332 | −1,399,038 | 198.9 | 4% |
| 2018 | 2,164,507 | 3,049,171 | −884,664 | 200.5 | 4% |
| 2019 | 2,619,094 | 3,279,332 | −660,238 | 184.0 | 4% |
| 2020 | 3,156,276 | 3,394,220 | −237,944 | 176.9 | 4% |
| 2021 | 2,719,792 | 3,364,942 | −645,150 | 176.1 | 4% |
| 2022 | 2,777,654 | 3,617,674 | −840,020 | 161.0 | 4% |
| 2023 | 2,362,806 | 3,908,564 | −1,545,758 | 144.3 | 3% |
| 2024 | 1,815,467 | 3,541,222 | −1,725,755 | 153.4 | 4% |
In its most recent public year (2024), this organization spent $1,725,755 more than it brought in. Its reserves stood at about 153.4 months of spending, down from 198.9 in 2017. Staff pay was 4% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Elma M Lapp Foundation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works