Lazy L Foundation is a 501(c)(3) organization based in Pasadena, California, registered in 2008, with $730,143 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$730K
▼ 58.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$797K
Net assets
$6.9M
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 Lazy L 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 Lazy L Foundation: 104 mo reserves · -9% 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 Lazy L 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 Lazy L Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $250K (FY2013) to $730K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-9.1%
Spent more than it raised in the latest fiscal year.
Total assets
$6.9M
Total liabilities
$59K
Net assets
$6.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $730,143▼58.1% | $796,536▲44.6% | $6,884,482▼1.0% | $6,943,131▼0.5% | 990PF |
| 2023 | $1,742,653▲49.1% | $550,928▼61.2% | $6,950,875▲20.7% | $6,981,417▲4.4% | 990PF |
| 2022 | $1,168,805▼74.0% | $1,420,136▲125% | $5,759,150▼18.0% | $6,684,700▼5.1% | 990PF |
| 2021 | $4,501,464▲2489% | $632,030▲9.4% | $7,023,392▲123% | $7,046,567▲95.7% | 990PF |
| 2020 | $173,881▼81.1% | $577,737▲17.1% | $3,153,958▼11.4% | $3,599,910▲1.2% | 990PF |
| 2019 | $919,223▲526% | $493,293▲6.3% | $3,557,814▲13.6% | $3,557,814▼3.2% | 990PF |
| 2018 | $146,758▲1.8% | $464,110▲33.0% | $3,131,884▼9.2% | $3,676,916 | 990PF |
| 2017 | $144,230▼26.6% | $349,010▼5.9% | $3,449,236▼5.6% | $3,676,916▼0.2% | 990PF |
| 2016 | $196,546▼5.7% | $371,010▲146% | $3,654,016▼1.8% | $3,684,491▼1.0% | 990PF |
| 2015 | $208,465▼84.4% | $150,595▼16.1% | $3,721,964▲1.6% | $3,721,964▲1.6% | 990PF |
| 2014 | $1,337,381▲435% | $179,510▲1795000% | $3,664,094▲46.2% | $3,664,094▲46.2% | 990PF |
| 2013 | $249,818 | $10▼99.8% | $2,506,223▲11.1% | $2,506,223▲11.1% | 990PF |
| 2012 | — | $4,862▼95.2% | $2,256,415▲3.8% | $2,256,415▲3.7% | 990PF |
| 2011 | — | $100,397 | $2,172,772 | $2,176,769 | 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 Lazy L Foundation (EIN 26-6157542) 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.