Mid-peninsula Latham Inc is a 501(c)(3) organization based in Foster City, California, registered in 1996, with $47 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$47
▲ 46.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$6.1M
Net assets
-$6.1M
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 Mid-peninsula Latham 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 Mid-peninsula Latham Inc: 0 mo reserves · -13070874% margin earns a F 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 Mid-peninsula Latham 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 Mid-peninsula Latham Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $38K (FY2010) to $47 (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-13070874.5%
Spent more than it raised in the latest fiscal year.
Total assets
$855
Total liabilities
$6.1M
Net assets
-$6.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47▲46.9% | $6,143,358▲346005% | -$6,145,466▼285072% | $855▼36.4% | 990 |
| 2023 | $32 | $1,775▼1.4% | -$2,155▼423% | $1,345▲0.5% | 990 |
| 2022 | $0 | $1,800▲1.4% | -$412▼130% | $1,338▼57.4% | 990 |
| 2021 | $0 | $1,775▲1.4% | $1,388▼56.1% | $3,138▼36.1% | 990 |
| 2020 | $0 | $1,750▼99.3% | $3,163▼35.6% | $4,913▼23.4% | 990 |
| 2019 | $0 | $258,520▲16579% | $4,913▼98.1% | $6,413▼97.6% | 990 |
| 2018 | $0 | $1,550▲6.9% | $263,433▼0.6% | $264,933▼0.8% | 990 |
| 2017 | $0 | $1,450▼0.7% | $264,983▼0.5% | $267,158▼0.5% | 990 |
| 2016 | $0 | $1,460▲2.5% | $266,433▼0.5% | $268,608▼0.8% | 990 |
| 2015 | $0▼100% | $1,425▼41.6% | $267,893▼0.5% | $270,643▼0.5% | 990 |
| 2014 | $30,266▼30.1% | $2,438▲31.4% | $269,318▲11.5% | $271,968▲11.4% | 990 |
| 2013 | $43,292 | $1,855▼2.0% | $241,490▲20.7% | $244,090▲21.2% | 990 |
| 2012 | — | $1,892▲3.8% | $200,053▲24.8% | $201,353▲24.5% | 990 |
| 2011 | — | $1,823▼16.9% | $160,318▲31.3% | $161,718▲31.4% | 990 |
| 2010 | $38,057 | $2,193 | $122,116 | $123,116 | 990EZ |
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 Mid-peninsula Latham Inc (EIN 94-3228212) 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.