Elizabeth & Claire Laplante Foundation Inc

Nonprofit profile at a glance

EIN
853739364
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Fairmont, WV, USA
Phone
3048440650
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$65,284
Expenses
$67,413
Assets
$20,350

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • JON LAPLANTE MD (DIRECTOR)
  • GARRETT HOGE (DIRECTOR)
  • SAMUEL J MERANDI (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation was organized to promote the improvement of patient outcomes for children and adults with potentially fatal adenoviral infection and adenoviral pneumonia diagnosis, the creation of accelerated diagnostic pathways and intervention strategies for suicide prevention and the provision of undergraduate scholarships to students to support their tuition and their specific research efforts in work related to the specific objectives of this foundation. Pittsburgh green innovators, inc., a 501(c)(3) nonprofit organization, serves as the fiscal sponsor for the elizabeth & claire laplante foundation, inc. Via contract and provides fiduciary oversight, financial management, and other administrative services to help build the capacity of charitable projects.

What it reported doing in 2024

The foundation supports a charitable initiatiave to promote the improvement of patient outcomes for children and young adults with potentially fatal adenoviral infection and the creation of faster diagnosticpathways and earlier intervention strategies for suicide prevention and adenoviral pneumonia diagnosis.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.3%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 86.5% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 71.4% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 71.3% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.