Lupin Foundation
- Assets
- $11.1m
- Revenue
- $1.4m
- Investments
- $10.4m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 11/1974
- Data as of
- 12/2023
- EIN
- 72-0940770
Organization Overview
Lupin Foundation is located in Metairie, LA. The organization was established in 1974. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lupin Foundation 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 12/2023, Lupin Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 4 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnold M Lupin Pres./director | 40 | $157,002 | |
Jake Lupin Director | 1 | $4,500 | |
Jay Lupin Director | 1 | $4,500 | |
Lily R Lupin Director | 1 | $4,500 | |
Max Lupin Director | 1 | $4,500 | |
Louis J Lupin Director | 1 | $10,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,120 |
| Dividends & Interest | $308,767 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,108,189 |
| Capital Gain Net Income | $1,109,058 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,431,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $202,752 |
| Other employee salaries and wages | $18,463 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,216 |
| Depreciation | $16,373 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,601 |
| Total operating and administrative expenses | $421,917 |
| Contributions, gifts, grants paid | $947,000 |
| Total expenses and disbursements | $1,368,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,225 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,256 |
| Net Land, buildings, and equipment | $134,797 |
| Other assets | $0 |
| Total assets | $11,103,165 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $13,750 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,750 |