Larouche Legacy Foundation

Nonprofit profile at a glance

EIN
843645070
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2019
Location
Leesburg, VA, USA
Phone
2023601003
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Official website

Reported finances

Revenue
$135,518
Expenses
$111,341
Assets
$64,460
Liabilities
$1,878

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

Leadership & pay

3 people listed

Executive titles in this filing

  • GRETCHEN SMALL (PRESIDENT)

People named in this filing

  • GRETCHEN SMALL (PRESIDENT)
  • MEGAN DOBRODT (SECRETARY-TREASURER)
  • HELGA ZEPP-LAROUCHE (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The charitable and educational mission of the larouche legacy foundation is to deepen understanding of, and to educate the american public, policymakers and the media, about the scientific and literary work of the american physical economist, lyndon larouche, jr., and to help achieve international familiarity with his work and further his scientific advances in the fields of the physical economy, physical science, historiography and the role of classical culture in nurturing and enhancing human creativity.

What it reported doing in 2024

In 2024, the larouche legacy foundation continued to dedicate most of its resources to the preservation and archiving of digital copies of the works of lyndon larouche. This included: videos - a total of 728 videos and audios in different formats were professionally digitized and returned to llf, and the process of cataloguing, editing, adding metadata, and so on was begun. Additionally, another 1,000 or so original videos and audios were initially id'd and catalogued, in preparation for sending them off for digitization in 2025. Newspapers - the process was begun of locating, editing and adding metadata on the articles by larouche in the 23,000 digitized pages of various newspaper publications that had been previously digitized. Magazines - finalized versions of hundreds of raw pdfs of larouche articles in eir magazine were prepared. Archiving - the growing volume of digitized material was copied and separately archived in various locations, for safety reasons. Only a small number of additional videos, audios, and printed documents were added to the larouche library website during 2024.

Operating model

Revenue model
Donor-supported. 95% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 54
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.7%; rating input score 65
  • Program expense ratio: 77.9%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 17.8%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -10.7% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -16.7% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 64.7% of revenue deployed · 77.9% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $87K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.