Langhorne Open Space Inc
Nonprofit profile at a glance
- EIN
- 270001045
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Langhorne, PA, USA
- Phone
- 2673919380
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $60,712
- Expenses
- $32,166
- Assets
- $352,443
- Liabilities
- $7,900
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Patrick D Carr (President & Dir)
People named in this filing
- Patrick D Carr (President & Dir)
- Philip M Miele (Treasurer & Dir)
- Deborah Tyl (V.P. & 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
Langhorne Open Space, Inc. (LOSI) was founded with the mission of saving open space in the local community. Faced with rapid over-development in the surrounding area, LOSIb
What it reported doing in 2024
To provide services for the management and maintenance of open space areas and historic buildings: (See attached # 29)Donated services included approximate $23,360
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.2%; rating input score 75
- 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: 47%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 10.96; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 7% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 75.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $46K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.