N R Lachance Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
N R Lachance Foundation is a 501(c)(3) organization based in Gardner, Massachusetts, registered in 1991, with $61,211 in FY2024 revenue. CharityIndex grades it C+.
55 Eastwood Cir, Gardner, MA, 01440 EIN 65-0231457 Since 1991
Revenue (FY2024)
$61K
▼ 65.6% vs prior year
Expenses (FY2024)
$66K
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 N R Lachance Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating384 mo reserves · -7% margin
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 N R Lachance Foundation: 384 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 N R Lachance Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 N R Lachance Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 55 Eastwood Cir, Gardner, MA, 01440
- City
- Gardner
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $64K (FY2015) to $61K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.1M
Operating margin
-7.4%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,211▼65.6% | $65,727▲37.4% | $2,100,874▼0.2% | $2,100,874▼0.2% | 990PF |
| 2023 | $177,929▲178% | $47,834▼31.8% | $2,105,390▲6.6% | $2,105,390▲6.6% | 990PF |
| 2022 | $64,007▼37.1% | $70,151▼8.8% | $1,975,295▼0.3% | $1,975,295▼0.3% | 990PF |
| 2021 | $101,813▲45.1% | $76,897▼17.5% | $1,981,439▲1.3% | $1,981,439▲1.3% | 990PF |
| 2020 | $70,146▲100% | $93,253▲17.4% | $1,956,523▼1.2% | $1,956,523▼1.2% | 990PF |
| 2019 | $34,986▼39.6% | $79,452▼14.5% | $1,979,630▼2.2% | $1,979,630▼2.2% | 990PF |
| 2018 | $57,904▼21.9% | $92,887▼42.7% | $2,024,096▼1.7% | $2,024,096▼1.7% | 990PF |
| 2017 | $74,101▼73.2% | $162,059▲0.8% | $2,059,079▼4.1% | $2,059,079▼4.1% | 990PF |
| 2016 | $276,634▲332% | $160,739▲119% | $2,147,037▲5.7% | $2,147,037▲5.7% | 990PF |
| 2015 | $64,053 | $73,505 | $2,031,142 | $2,031,142 | 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.
Frequently asked questions
- Is N R Lachance Foundation a legitimate nonprofit?
- Yes. N R Lachance Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0231457, based in Gardner, Massachusetts. Donations are tax-deductible.
- What is N R Lachance Foundation's EIN?
- N R Lachance Foundation's Employer Identification Number (EIN) is 65-0231457.
- How much revenue does N R Lachance Foundation report?
- N R Lachance Foundation reported $61,211 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does N R Lachance Foundation have?
- CharityIndex grades N R Lachance Foundation C+, based on financial health (reserves and operating margin).
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Data for N R Lachance Foundation (EIN 65-0231457) 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.