Joachim E Lay Charitable Private Foundation
Only null% goes to programs Strong reserves
Joachim E Lay Charitable Private Foundation is a 501(c)(3) organization based in Detroit, Michigan, registered in 2008, with $86,484 in FY2024 revenue. CharityIndex grades it C.
Po Box 75000, Detroit, MI, 48275 EIN 20-6996945 Since 2008
Revenue (FY2024)
$86K
▼ 11.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$107K
Net assets
$906K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Joachim E Lay Charitable Private Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating101 mo reserves · -24% margin
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 Joachim E Lay Charitable Private Foundation: 101 mo reserves · -24% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Joachim E Lay Charitable Private Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Joachim E Lay Charitable Private Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 75000, Detroit, MI, 48275
- City
- Detroit
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $113K (FY2013) to $86K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $906K
Operating margin
-23.9%
Spent more than it raised in the latest fiscal year.
Total assets
$906K
Total liabilities
$0
Net assets
$906K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $86,484▼11.6% | $107,115▼23.6% | $905,870▼2.2% | $905,870▼2.2% | 990PF |
| 2023 | $97,783▲49.3% | $140,239▼11.1% | $926,500▼4.4% | $926,500▼4.4% | 990PF |
| 2022 | $65,485▼16.0% | $157,816▼16.0% | $968,956▼8.7% | $968,956▼8.7% | 990PF |
| 2021 | $77,951▼19.9% | $187,799▲54.4% | $1,060,822▼9.4% | $1,060,822▼9.4% | 990PF |
| 2020 | $97,286▲39.9% | $121,606▼27.3% | $1,170,994▼2.0% | $1,170,994▼2.0% | 990PF |
| 2019 | $69,533▼38.3% | $167,196▲36.9% | $1,195,219▼23.7% | $1,195,219▼23.7% | 990PF |
| 2013 | $112,659 | $122,095▼27.8% | $1,567,107▼0.6% | $1,567,107▼0.6% | 990PF |
| 2012 | — | $169,156▼14.3% | $1,576,543▼3.6% | $1,576,543▼3.6% | 990PF |
| 2011 | — | $197,353 | $1,636,123 | $1,636,123 | 990PF |
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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Frequently asked questions
- Is Joachim E Lay Charitable Private Foundation a legitimate nonprofit?
- Yes. Joachim E Lay Charitable Private Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-6996945, based in Detroit, Michigan. Donations are tax-deductible.
- What is Joachim E Lay Charitable Private Foundation's EIN?
- Joachim E Lay Charitable Private Foundation's Employer Identification Number (EIN) is 20-6996945.
- How much revenue does Joachim E Lay Charitable Private Foundation report?
- Joachim E Lay Charitable Private Foundation reported $86,484 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joachim E Lay Charitable Private Foundation have?
- CharityIndex grades Joachim E Lay Charitable Private Foundation C, based on financial health (reserves and operating margin).
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Data for Joachim E Lay Charitable Private Foundation (EIN 20-6996945) 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.