Lazarus Project FY2020 filing

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EIN 01-0759717 Public charity (501(c)(3)) Mendota Hts, MN NTEE B28
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2024
Revenue
$1.0M
FY2020
Expenses
$993K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Provides applied behavior analysis therapy for children with autism spectrum disorder. For fiscal year 2020 it reported $1.0M in revenue, $993K in expenses, and $373K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Mendota Hts, MN
Website
lazarusprojectmn.net
Filings
5 on file (2020–2020)
Revenue
$1.0MFY2020
Expenses
$993K
Net assets
$373K
People
6
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Size
$100K–1M
What they do
Provides applied behavior analysis therapy for children with autism spectrum disorder.
Leadership
Peggy Howell · Executive Director · $117K
Money in and out
$1.0M revenue, $993K expenses
Bottom line
82% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Initiative Foundation

1 distinct foundation funder(s) on file, $25K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

82% to programs

82% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M

Revenue band $100K–1M. Not enough years on file for a trend. See detail →

Where the money goes · FY2020
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$993K
Pt IX · Ln 25
Net assets
$373K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$415K
FY2020
Total liabilities
$42K
FY2020
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$415K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CLazarus Project
EINHdr · item D01-0759717
Principal addressHdr · item CMendota Hts, MN
WebsiteHdr · item Jlazarusprojectmn.net
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B28)
Ruling yearIRS BMFMay 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$116,826Pt VII · Sec A
Finance Director/Treasurer
$53,096Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Peggy Howell’s $115K as Executive Director is at the 89th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Peggy Howell$115,350$108,369$115,680$112,800$116,826
Rebecca Edeburn$56,818$46,379$56,448$52,524$53,096

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $819K of program spending, described in the organization's own filed words · FY2020.
01

Autism Therapy

Applied behavior analysis therapy center serving children with autism spectrum disorder. Lazarus provides asd children, their families and their communities with reliable, high quality behavior therapy to bring each child to their highest POTENTIAL.THE lazarus project expanded its ability to provide early intervention autism services by…

$819Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$907K · 88%
Contributions & grants$123K · 12%
Program service revenue88%$907K
Contributions & grants12%$123K
Other revenue$50
— government grantsLn 1e$121K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$819K
Management & general18%$174K
Total functional expensesLn 25$993K

Balance Sheet

Part X · end of year
CashLn 1$275K
Total assetsLn 16$415K
Total liabilitiesLn 26$42K
Total net assetsLn 32$373K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $275K · Operating expenses/yr $993K
3.3 months
Where the money goes
Program services
Program services $819K · Total expenses $993K
82%
Management & General
Management & general $174K · Total expenses $993K
18%
Fundraising
Fundraising $0 · Total expenses $993K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $123K · Total revenue $1.0M
12%
Government reliance
Government grants $121K · Total revenue $1.0M
12%
Earned-income share
Program service revenue $907K · Total revenue $1.0M
88%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $907K · Total expenses $993K
91%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $373K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $993K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $415K
—
Net-asset ratio
Net assets $373K · Total assets $415K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $415K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peggy Howell · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $117K · Total expenses $993K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $677K · Total expenses $993K
68%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 18%——
Fundraising cost ratio 0%——
Legal fee ratio 0.08%——
Accounting fee ratio 3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$892K revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$795K revenue · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$1.0M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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