The Lokai Foundation Inc

Nonprofit profile at a glance

EIN
813048936
IRS 990-EZ coverage
2018–2023
Forms available
Form 990-EZ 2023
Location
Bryn Mawr, PA, USA
Phone
2129292197
Rating confidence
Limited
Sector
Pollution Abatement and Control Services

Reported finances

Revenue
$0
Expenses
$783
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • STEVEN IZEN (DIRECTOR AND CEO)

People named in this filing

  • STEVEN IZEN (DIRECTOR AND CEO)
  • MARK IZEN (DIRECTOR)
  • CODY LEVINE (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The lokai foundation operates to preserve, protect, and clean up mount everest. In addition, the foundation works to educate the public as to the effects of pollution, debris, and litter left on the mountain by climbers, hikers, and tourists. The foundation's mission is to raise awareness of this issue and to raise money to be able to pay for the services of local resident individuals to climb mount everest, collect trash, and bring it down the mountain.

What it reported doing in 2023

Raised money to pay for the services of residents living near mount everest to climb the mountain, collect trash, and bring it down the mountain.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • 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: Limited
  • 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: -44.6% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -42.8% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2018 to 2023
  • 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: Program expense ratio scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.