Lafs
Nonprofit profile at a glance
- EIN
- 454714304
- IRS 990 coverage
- 2015–2019
- Forms available
- Form 990 2019
- Location
- Lansdale, PA, USA
- Phone
- 6106360198
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $11,848
- Expenses
- $23,484
- Assets
- $1,855
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ANDREW STOCKMAL (PRESIDENT)
People named in this filing
- RAY LIBERTO (VICE PRESIDE)
- MICHAEL PANACHYDA (SECRETARY)
- MICHAEL PARZYNSKI (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The lansdale area fundraising society (lafs) is a locally organized, locally driven group of lansdale area citizens who recognize the need for local residents to take ownership and responsibility for the financial well-being and health of local charities, who give so much to our community in which we live. Through large and small events our primary goal is to raise money for these lansdale non-profit organizations. All proceeds of these events will be funneled back to deserving local charities.
What it reported doing in 2019
To raise funds though community events to benefit local charities
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 83
- Accountability: 64
- Sustainability: 27
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.5%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -98.2%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: -8.1% per year; rating input score 0; 36th percentile among comparable filings
- Revenue growth: -21.7% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -29.2% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.5% of spending went to programs
- Governance: 4 of 4 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2015 to 2019
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.