Laolam
- Assets
- $48.2k
- Revenue
- $295.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Leavenworth, WA
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 31-1780317
Organization Overview
Laolam is located in Leavenworth, WA. The organization was established in 2001. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laolam is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Laolam generated $295.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $268.0k during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL, SOCIAL, AND SPIRITUAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAM - TO ASSIST IN PROVIDING EDUCATIONAL OPPORTUNITIES TO CHILDREN K-12TH GRADE IN A POOR, RURAL COMMUNITY. - TO ASSIST WITH THE DEVELOPMENT OF A JOB SKILL TRAINING CENTER FOR YOUTH AND ADULTS WITHOUT MEANS OR THE ACADEMIC ABILITY TO CONTINUE THEIR EDUCATION. - TO ASSIST YOUTH AND YOUNG ADULTS TO PURSUE AND COMPLETE COLLEGE LEVEL CERTIFICATIONS.
ORPHAN PROGRAM - TO ASSIST IN PROVIDING A SAFE, HEALTHY, HOME ENVIRONMENT FOR ORPHANED CHILDREN. - TO PROVIDE EDUCATIONAL OPPORTUNITIES AND MEDICAL CARE. - TO PROVIDE FOR THE DAILY CARE; FOOD, CLOTHING, BEDDING, AND EMOTIONAL STABILITY OF ORPHANED CHILDREN.
REFUGEE EMERGENCY FOOD DISTRIBUTION - TO ASSIST IN THE ORGANIZATION, PURCHASING, AND DISTRIBUTION OF FOOD STAPLES TO FAMILIES IN CRISIS SITUATIONS. - TO MONITOR THE HEALTH, NUTRITION, AND WELL BEING OF REFUGEE FAMILIES TO BE BETTER PREPARED TO ASSIST WITH MOST PRESSING CURRENT AND FUTURE NEEDS.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael H Moore President | Officer | 40 | $7,000 |
Daniel Rife Secretary | Officer | 5 | $0 |
Linda Pfister Treasurer | Officer | 20 | $0 |
Lisa R Moore Director | Trustee | 40 | $0 |
James Holladay Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $295,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,420 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $295,420 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,000 |
| Compensation of current officers, directors, key employees. | $7,000 |
| Compensation to disqualified persons | $18,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,544 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,231 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,800 |
| Travel | $25,179 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $163,622 |
| Total functional expenses | $267,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,205 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,205 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $48,205 |
| Total liabilities and net assets/fund balances | $48,205 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Laolam has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pacific Mountain Workforce Development Council Tumwater, WA | $1,862,261 | $9,108,995 |
Family Services Moses Lake, WA | $4,163,175 | $3,727,226 |
Carina Seattle, WA | $2,899,581 | $3,770,022 |
Holden Village Chelan, WA | $14,552,866 | $1,688,191 |
City Ministries Kirkland, WA | $6,270,079 | $1,937,223 |
Euvalcree Ontario, OR | $1,786,277 | $2,440,129 |
Domestic Violence Services Of Benton & Franklin Counties Kennewick, WA | $1,358,954 | $1,813,178 |
Oregon Falun Dafa Association Portland, OR | $591,775 | $1,968,333 |
Project Able Salem, OR | $708,667 | $1,005,998 |
Peace In Schools Portland, OR | $781,251 | $1,270,968 |
Lincoln Freed Spokane, WA | $114,186 | $969,305 |
Housing Independence Inc Portland, OR | $156,472 | $747,441 |