L&m Companies Inc Employee Benefit Tr is a 501(c)(9) organization based in Raleigh, North Carolina, registered in 2015, with $2,738,704 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.7M
▼ 8.6% vs prior year
Membership median: $185K
Expenses (FY2024)
$2.9M
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&m Companies Inc Employee Benefit Tr— 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&m Companies Inc Employee Benefit Tr: 5 mo reserves · -6% 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&m Companies Inc Employee Benefit Tr— 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&m Companies Inc Employee Benefit Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2.1M (FY2013) to $2.7M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-6.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$82K
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,738,704▼8.6% | $2,910,687▲3.6% | $1,256,603▼12.0% | $1,338,603▼11.4% | 990 |
| 2023 | $2,995,291▲10.2% | $2,809,113▼1.7% | $1,428,586▲14.6% | $1,510,586▲13.7% | 990 |
| 2022 | $2,717,214▼6.2% | $2,857,052▲3.5% | $1,246,694▼10.1% | $1,328,694▼9.5% | 990 |
| 2021 | $2,895,710▲1.8% | $2,761,473▲10.1% | $1,386,532▲10.7% | $1,468,190▲8.7% | 990 |
| 2020 | $2,844,826▲17.9% | $2,507,789▲10.9% | $1,252,295▲36.8% | $1,351,091▲42.9% | 990 |
| 2019 | $2,412,785▲18.4% | $2,261,613▼7.7% | $915,258▼8.6% | $945,793▼20.6% | 990 |
| 2014 | $2,037,100▼4.8% | $2,449,697▼11.4% | $1,001,701▼29.2% | $1,191,738▼44.0% | 990 |
| 2013 | $2,139,779 | $2,763,684 | $1,414,298 | $2,129,924 | 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 L&m Companies Inc Employee Benefit Tr (EIN 46-7239612) 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.