Lappin Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 361,122 | 96,199 | 264,923 | 33.0 | 0% |
| 2014 | 583,191 | 551,580 | 31,611 | 6.5 | 0% |
| 2015 | 585,292 | 468,241 | 117,051 | 10.6 | 0% |
| 2016 | 613,873 | 586,462 | 27,411 | 9.0 | 0% |
| 2017 | 534,612 | 757,302 | −222,690 | 3.5 | 0% |
| 2018 | 596,159 | 652,899 | −56,740 | 3.0 | 0% |
| 2019 | 875,374 | 724,910 | 150,464 | 5.2 | 0% |
| 2020 | 336,830 | 136,019 | 200,811 | 45.2 | 0% |
| 2021 | 566,221 | 185,248 | 380,973 | 57.9 | 0% |
| 2022 | 1,464,768 | 1,691,035 | −226,267 | 4.7 | 36% |
| 2023 | 1,838,911 | 1,887,846 | −48,935 | 3.9 | 36% |
In its most recent public year (2023), this organization spent $48,935 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 33 in 2013. Staff pay was 36% of spending. $109,918 of its net assets are donor-restricted.
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 2023. 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
Lappin Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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