Lahey Foundation

Nonprofit profile at a glance

EIN
363480516
IRS 990-PF coverage
2020–2024
Forms available
Form 990-PF 2024
Location
Naples, FL, USA
Phone
3122828210
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$3,670
Expenses
$302,570

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

Overview

Mission

Lahey Foundation is a nonprofit. Location: Naples, FL. EIN 363480516. Tax year 2024 Form 990-PF reports $3.7K revenue and $303K expenses.

What it reported funding in 2024

The foundation reported 1 grant totaling $302,522. The stated grant purpose was miscellaneous.

Operating model

Revenue model
Investment-supported. 95% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and a large share of spending goes to grants. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 100
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 8

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 70th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 100%; rating input score 100; 93rd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 0; rating input score 8; 8th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Investments: 8th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Endowment Health: Endowment-health comparison scored 8/100.