Elizabeth Moore Switzer Memorial Trust Lafayette Bank & Tr Co is a 501(c)(3) organization based in Muncie, Indiana, registered in 1987, with $148,299 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$148K
▲ 31.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$173K
Net assets
$2.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Elizabeth Moore Switzer Memorial Trust Lafayette Bank & Tr Co— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Elizabeth Moore Switzer Memorial Trust Lafayette Bank & Tr Co: 192 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Elizabeth Moore Switzer Memorial Trust Lafayette Bank & Tr Co— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Elizabeth Moore Switzer Memorial Trust Lafayette Bank & Tr Co: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $80K (FY2013) to $148K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-16.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.8M
Total liabilities
$0
Net assets
$2.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $148,299▲31.5% | $172,736▼2.7% | $2,770,774▼0.9% | $2,770,774▼0.9% | 990PF |
| 2023 | $112,771▲66.3% | $177,545▼7.9% | $2,795,879▼2.3% | $2,795,879▼2.3% | 990PF |
| 2022 | $67,827▼48.3% | $192,872▲0.3% | $2,862,502▼4.2% | $2,862,502▼4.2% | 990PF |
| 2021 | $131,199▲40.1% | $192,256▲18.1% | $2,989,191▼2.0% | $2,989,191▼2.0% | 990PF |
| 2020 | $93,628▲13.1% | $162,732▲15.6% | $3,051,195▼2.2% | $3,051,195▼2.2% | 990PF |
| 2019 | $82,750▼1.7% | $140,801▲64.4% | $3,120,299▲375% | $3,120,299▲375% | 990PF |
| 2017 | $84,195▼9.0% | $85,643▼8.4% | $657,294▼0.2% | $657,294▼0.2% | 990PF |
| 2016 | $92,528▲47.7% | $93,523▲50.7% | $658,742▼0.2% | $658,742▼0.2% | 990PF |
| 2015 | $62,660▼13.4% | $62,061▼15.1% | $659,737▲0.1% | $659,737▲0.1% | 990 |
| 2014 | $72,350▼9.6% | $73,065▼9.0% | $659,138▼0.1% | $659,138▼0.1% | 990 |
| 2013 | $80,059 | $80,299▼11.1% | $659,853 | $659,853 | 990 |
| 2012 | — | $90,323 | $660,093 | $660,093 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Elizabeth Moore Switzer Memorial Trust Lafayette Bank & Tr Co (EIN 35-6451959) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.