Joyce & Lawrence Lacerte Charitable Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 1997, with $512,321 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$512K
▲ 1408.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$137K
Net assets
$779K
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 Joyce & Lawrence Lacerte Charitable Foundation— 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 Joyce & Lawrence Lacerte Charitable Foundation: 68 mo reserves · +73% margin earns a B+ 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 Joyce & Lawrence Lacerte Charitable Foundation— 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 Joyce & Lawrence Lacerte Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2015) to $512K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
73.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$779K
Total liabilities
$0
Net assets
$779K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $512,321▲1409% | $136,650▼81.0% | $778,843▲70.2% | $778,843▲70.2% | 990PF |
| 2023 | $33,956▼99.0% | $719,068▼23.6% | $457,652▼60.0% | $457,652▼60.0% | 990PF |
| 2022 | $3,535,920▲77.4% | $941,742▲91.8% | $1,142,764▲40.1% | $1,142,764▲40.1% | 990PF |
| 2021 | $1,993,294 | $491,017▲35610% | $815,700▲10437% | $815,700▲10437% | 990PF |
| 2020 | $0 | $1,375▼90.9% | $7,741▼15.1% | $7,741▼15.1% | 990PF |
| 2019 | $0 | $15,138▲203% | $9,116▼62.4% | $9,116▼62.4% | 990PF |
| 2018 | $0 | $5,000▼32.5% | $24,254▼17.1% | $24,254▼17.1% | 990PF |
| 2017 | $0▼100% | $7,405▼14.0% | $29,254▼20.2% | $29,254▼20.2% | 990PF |
| 2016 | $250,000 | $8,611▲72.2% | $36,659▲118% | $36,659▲80.9% | 990PF |
| 2015 | $0 | $5,000 | -$204,730 | $20,270 | 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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Data for Joyce & Lawrence Lacerte Charitable Foundation (EIN 75-2681517) 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.