Laspau INC

Cambridge, MA · Unknown exempt organization · Since 1964

Latest data FY2023
Revenue
$7.0M
▼ -22% vs prior year
Spent
$7.8M
To programs
86%
Net assets
$0

Form 990 for the fiscal year ending October 2023 (IRS tax year 2023).

Figures match the IRS filing checked 8/17/26 · see original: IRS

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2023 — 3 yrs ago
Foundation funders?
1 funder — Amazonsmile Foundation
$14 in the latest grant year.
Spent on programs?
86% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↓ -22% vs prior year
Legal name (IRS)Hdr · item CLaspau INC
EINHdr · item D04-6151880
Exempt statusHdr · item I501(c)(3) · active
Year of formationHdr · item L1964
Latest filingForm 990FY2023 · Form 990
Principal addressHdr · item CCambridge, MA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.laspau.harvard.edu

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$6.7M
Management & general14%$1.1M
Total functional expensesLn 25$7.8M

Financial health

Revenue & expenses by yearFY2020–FY2023
Revenue
$7.0M
FY2023▼ -22%
Expenses
$7.8M
FY2023▼ -17%
Surplus margin
-12%
revenue over expenses, this year▼ -158% vs prior filing year
Program spending
86%
of expenses reach programs▼ -3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$0
FY2023▼ -100%
Total liabilities
$0
FY2023▼ -100%
Revenue less expensesPt I · Ln 19−$804K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Statement of Revenue

Part VIII
Contributions & grants$4.4M · 64%
Program service revenue$1.9M · 27%
Other revenue$420K · 6%
Investment income$212K · 3%
Contributions & grants64%$4.4M
Program service revenue27%$1.9M
Other revenue6%$420K
Investment income3%$212K
— government grantsLn 1e$4.2M
Total revenueLn 12$7.0M

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $7.8M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $6.7M · Total expenses $7.8M
86%
Management & General
Management & general $1.1M · Total expenses $7.8M
14%
Fundraising
Fundraising $0 · Total expenses $7.8M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $533K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $4.4M · Total revenue $7.0M
64%
Government reliance
Government grants $4.2M · Total revenue $7.0M
60%
Earned-income share
Program service revenue $1.9M · Total revenue $7.0M
27%
Investment reliance
Investment income $212K · Total revenue $7.0M
+3%
Program self-sufficiency
Program service revenue $1.9M · Total expenses $7.8M
24%
Growth & trend
Revenue growth (YoY)
This year $7.0M · Prior year $9.0M
-22%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.0M · Expenses $7.8M
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $0
—
Net-asset ratio
Net assets $0 · Total assets $0
—
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Angelica Natera · Reported title CLERK (AS OF 7/23), EX-OFFICIO, ED · Highest reported compensation $458K · Total expenses $7.8M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.8M · Total expenses $7.8M
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%——
Overhead ratio 14%——
Fundraising cost ratio 0%——
Revenue growth -22%——
Legal fee ratio 1%——
Accounting fee ratio 0.6%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Clerk (as of 7/23), Ex-Officio, Ed
$457,820Pt VII · Sec A
Manager of Computer Ops
$432,191Pt VII · Sec A
International Educator
$354,740Pt VII · Sec A
Deputy Director
$193,930Pt VII · Sec A
Associate Director of Finance
$109,721Pt VII · Sec A
Trustee (until 7/12/23)
$0Pt VII · Sec A
Trustee (until 7/12/23)
$0Pt VII · Sec A
Trustee (until 7/12/23)
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Angelica Natera$457,820$148,565$143,866$147,276
Ellen Kranzer$432,191———
Lisa Tapiero$354,740———
Eugenia Garduno$193,930$113,315——
Cheryl Eagan-Donovan$109,721$26,700——
Lisa Tobias—$45,981$93,372$94,427

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.

See Laspau INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
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 2No

Mission and programs

Connects people and institutions to improve higher education quality and impact across the Americas.

Provided by the organization

This section is blank until Laspau INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

3 program services account for $6.7M of program spending, described in the organization's own filed words · FY2023.
01

Scholarship programs for students from around central and south america and the caribbean to study outside their home country. Includes but is not limited to the fulbright program, which provides grants for individual graduate study in the united states.

$6.4Mprogram expense
02

University innovation programs that focus on improving the quality of higher education institutions through innovation in leadership & governance, teaching & learning, and quality assurance.

$238Kprogram expense
03

Paep testing program, a standardized, spanish-language exam designed for the assessment of graduate program candidates.

$150Kprogram expense

Run this program? Claim this org to tell your story

Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$14
Grants paid · 5 grants · $22.2M · 2020–2023
Unitemized GrantFY2023$4,249,429
Unitemized GrantFY2022$5,894,340
Unitemized GrantFY2021$5,793,642
Unitemized GrantFY2020$6,079,106

Filing history

YearRevenueExpensesChangeFiling
FY2023 Latest Viewing $7.0M$7.8M-22% 990 PDF
FY2022 $9.0M$9.4M-9% 990 PDF
FY2021 $9.9M$10.1M-10% 990 PDF
FY2020 $10.9M$10.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Laspau INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.