Lars Foundation P50180002
- Assets
- $3.1m
- Revenue
- $173.8k
- Investments
- $2.9m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- Data as of
- 06/2018
- EIN
- 91-2003530
Organization Overview
Lars Foundation P50180002 is located in Cambridge, MA.
For the year ending 06/2018, Lars Foundation P50180002 generated $173.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (57.4%) each year. All expenses for the organization totaled $187.2k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (58.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Schulert Corporate Officer | 2 | $0 | |
Joy Lucas Corporate Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $80,879 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $92,961 |
| Capital Gain Net Income | $92,961 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $173,840 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,151 |
| Contributions, gifts, grants paid | $161,000 |
| Total expenses and disbursements | $187,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,637 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,055,165 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Lars Foundation P50180002 has awarded $161,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: TO BE USED WITHIN EXEMPT FUNCTION | $43,500 |
ST PETER'S EPISCOPAL CHURCH PURPOSE: TO BE USED WITHIN EXEMPT FUNCTION | $25,000 |
Cambridge, MA PURPOSE: TO BE USED WITHIN EXEMPT FUNCTION | $20,000 |
Cambridge, MA PURPOSE: TO BE USED WITHIN EXEMPT FUNCTION | $20,000 |
Boston, MA PURPOSE: TO BE USED WITHIN EXEMPT FUNCTION | $16,500 |
Roxbury, MA PURPOSE: TO BE USED WITHIN EXEMPT FUNCTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |
Urs Federal Support Services Inc Veba Trust Welfare Benefits Plan Boston, MA | $7,183,166 | $100,020,557 |
Connecticut Foodshare Inc Wallingford, CT | $64,587,641 | $98,816,890 |