Nonprofit screen
Screen a listLotus Education and Arts Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$320krevenue
FY2024 · −43% in 3 yrs5staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−36.4%
Months of reserve2.8mo
Revenue growth (annualized)−9.8%
Middle half of peersMedianLotus Education and Arts
Where the money goes FY2024 · $436k spent
Programs$313k72%Management and general$81k19%Fundraising$42k10%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 83% in FY2022
$258k in FY2021, $44k in FY2022.
990 Part VIIIDeficits in 3 of the last 3 years
−$132k in FY2022, −$154k in FY2023 and −$116k in FY2024. Cash covers 2.8 months, under the peer median of 5.4.
990 Part I and balance sheetIn its favor
None found in the filings.
13funders
$56ka year, last 3 years
58%from its largest funder
Funder’17’18’19’20’21’22’23Raymond Foundation IncSince FY2020$20k$25k$13k$15kLilly Endowment IncOn and off$10kThe Richard M Schulze Family FoundationOn and off$5kBaxter International FoundationStopped after FY2022$250$1k$1k$1k–Houston Family FoundationOn and off$2kGordon Flesch Charitable Foundation IncOn and off$2kDonor-advised giftsDonors not disclosed$31k$90k$40k$53k$35k$33k$42k
FundedThrough a donor-advised fundStopped