Lg Academy A Nj Nonprofit Corporation is a 501(c)(3) organization based in Boonton, New Jersey, registered in 2021, with $644,008 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$644K
▲ 17.1% vs prior year
Education median: $200K
Expenses (FY2023)
$630K
Net assets
$35K
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 Lg Academy A Nj Nonprofit Corporation— 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 Lg Academy A Nj Nonprofit Corporation: 1 mo reserves · +2% 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 Lg Academy A Nj Nonprofit Corporation— 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 Lg Academy A Nj Nonprofit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $379K (FY2020) to $644K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
2.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$132K
Total liabilities
$97K
Net assets
$35K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $644,008▲17.1% | $629,670▲15.7% | $34,893▲69.8% | $132,353▲49.4% | 990 |
| 2022 | $550,031▲6.4% | $544,416▼2.0% | $20,555▲37.6% | $88,565▲12.4% | 990 |
| 2021 | $516,740▲36.3% | $555,284▲58.3% | $14,940▼72.1% | $78,820▲10.7% | 990 |
| 2020 | $379,050 | $350,823 | $53,484 | $71,189 | 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.
5 grants to Lg Academy A Nj Nonprofit Corporation totaling $256K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $55,837 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $59,413 |
| Charities Aid Foundation America | Charitable donation | 2022 | $21,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $60,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $60,000 |
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Data for Lg Academy A Nj Nonprofit Corporation (EIN 84-4750322) 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.