Lalia Incorporated
Nonprofit profile at a glance
- EIN
- 263565909
- IRS 990-EZ coverage
- 2018–2020
- Forms available
- Form 990-EZ 2020
- Location
- Garden City, NY, USA
- Phone
- 6462914929
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $500
- Expenses
- $500
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Charlotte Bethune-Fisher MBA (Chief Executive Officer)
- Delores McKenzie MSW CSW (Board Of Director Vice President)
- Kerwin Paul (Board of Director Vice President)
People named in this filing
- Charlotte Bethune-Fisher MBA (Chief Executive Officer)
- Delores McKenzie MSW CSW (Board Of Director Vice President)
- Kerwin Paul (Board of Director Vice President)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of our organization is to cultivate the entrepreneurial spirit through a financial literacy based curriculum within the community for youth. The goal of the organization is to help at-risk youth, prevent school dropout, and deter substance abuse and teen pregnancy, as well as provide community fiscal sustainability opportunities. Our objective is to provide at-risk, low-achieving teens training in and exposure to entrepreneurship, business ownership, and the opportunity, responsibility, and authority that go along with these. It will give community youth a reason to learn, build self-confidence, and inspire ambition and achievement. Mission - To provide services which exemplifies and retains scholastic achievement, community involvement, and economic empowerment; primarily for the benefit of our youth.
What it reported doing in 2020
Conducted several workshops throughout the year to provide youth with the skills, training, and financial assistance they need to transition to leading successful lives as independent adults. Lalia addressed key areas by teaching financial literacy, providing informational seminars and tools for educational and vocational training, life skills, and emotional well-being.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Revenue growth: 0% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2018 to 2020
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.