L A T Foundation is a 501(c)(3) organization based in Westport, Connecticut, registered in 2001, with $264,668 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$265K
▲ 340.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$12K
Net assets
$1.3M
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 L A T 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 L A T Foundation: 1301 mo reserves · +96% 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 L A T 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 L A T Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $623K (FY2016) to $265K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
95.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $264,668▲340% | $11,694▼8.6% | $1,267,794▲13.4% | $1,267,794▲13.4% | 990PF |
| 2023 | $60,103▲132% | $12,789▼99.8% | $1,118,180▲3.0% | $1,118,180▲3.0% | 990PF |
| 2022 | -$189,818▼240% | $7,779,019▲856% | $1,085,146▼80.3% | $1,085,146▼80.3% | 990PF |
| 2021 | $135,968▼82.6% | $813,674▲415% | $5,503,915▼11.1% | $5,503,915▼11.1% | 990PF |
| 2020 | $780,468▲290% | $157,915▼50.2% | $6,191,876▲12.3% | $6,191,876▲12.3% | 990PF |
| 2019 | $200,312▼67.9% | $317,417▼18.9% | $5,515,973▲30.7% | $5,515,973▲30.7% | 990PF |
| 2016 | $623,392 | $391,503▲316% | $4,220,633▲135% | $4,220,633▲135% | 990PF |
| 2011 | — | $94,111▼26.2% | $1,798,599▼4.4% | $1,798,599▼4.4% | 990PF |
| 2010 | — | $127,478▲33.1% | $1,882,158▼2.9% | $1,882,158▼2.9% | 990PF |
| 2009 | — | $95,754 | $1,937,967 | $1,937,967 | 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 L A T Foundation (EIN 65-1060292) 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.