Lahser Pre-vocational Centers Inc is a 501(c)(3) organization based in Bloomfld Hls, Michigan, registered in 1990, with $2,584,690 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$2.6M
▼ 2.7% vs prior year
Education median: $200K
Expenses (FY2023)
$2.9M
Net assets
$282K
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 Lahser Pre-vocational Centers Inc— 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 Lahser Pre-vocational Centers Inc: 1 mo reserves · -13% 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 Lahser Pre-vocational Centers Inc— 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 Lahser Pre-vocational Centers Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.7M (FY2015) to $2.6M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-13.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$1.1M
Net assets
$282K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,584,690▼2.7% | $2,933,173▲9.3% | $282,227▼55.3% | $1,399,413▼30.3% | 990 |
| 2022 | $2,657,458▲15.6% | $2,682,918▲14.4% | $630,710▼3.9% | $2,008,885▲108% | 990 |
| 2021 | $2,298,236▲53.1% | $2,344,734▲37.8% | $656,170▼6.6% | $963,715▲12.2% | 990 |
| 2020 | $1,501,097▲21.2% | $1,701,816▲29.6% | $702,668▼22.2% | $859,096▼21.2% | 990 |
| 2019 | $1,238,172▼29.6% | $1,313,089▼21.4% | $903,387▼7.7% | $1,090,131▼5.7% | 990 |
| 2018 | $1,759,599▲12.6% | $1,669,910▲6.3% | $978,304▲10.1% | $1,155,570▲13.9% | 990 |
| 2017 | $1,562,394▲1.0% | $1,571,034▲5.1% | $888,615▼1.0% | $1,014,278▼1.4% | 990 |
| 2016 | $1,546,784▼7.5% | $1,495,174▼2.6% | $897,255▲6.1% | $1,028,400▲1.0% | 990 |
| 2015 | $1,672,464 | $1,535,326 | $845,645 | $1,017,818 | 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 Lahser Pre-vocational Centers Inc (EIN 38-2300206) 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.