Laolam EIN 31-1780317

Laolam FY2022 filing

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Offers educational, social, and spiritual help to those in need. For fiscal year 2022 it reported $250K in revenue, $270K in expenses, and $28K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Leavenworth, WA
Filings
5 on file (2020–2022)
Revenue
$250KFY2022
Expenses
$270K
Net assets
$28K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  31-1780317 Public charity (501(c)(3)) Leavenworth, WA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers educational, social, and spiritual help to those in need.
Leadership
Michael H Moore · President · $7K
Money in and out
$250K revenue, $270K expenses
Bottom line
29% program efficiency
Where the money goes · FY2022
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$28K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$20K
Where spending went · Part IX cols B–D
Program services $0.29 Management & general $0.71
Program efficiency
29%
of spending reaches programs
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$250K
FY2022▼ -15%
Expenses
$270K
FY2022▲ +0.8%
Total assets
$28K
FY2022▼ -41%
Total liabilities
$0
FY2022
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$28K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$20K
Total assetsPt X · Ln 16$28K
Program-expense ratioPt IX · col B29%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $50K of program spending, described in the organization's own filed words · FY2022.
01

Orphan Program

to assist in providing a safe, healthy, home environment for orphaned children. - to provide educational opportunities and medical care. - to provide for the daily care; food, clothing, bedding, and emotional stability of orphaned children.

$21Kprogram expense
02

Education Program

to assist in providing educational opportunities to children K-12th grade in a poor, rural community. - to assist with the development of a Job Skill Training Center for older youth and adults without means or the academic ability to continue their education.

$20Kprogram expense
03

Children's School Breakfast Program

to assist local communities in providing a healthy meal at school for K-4th grade students that usually receive only one meal a day at home. - To promote the health, nutrition and emotional wellbeing to improve the ability for the children to study. These children are vulnerable and in high risk crisis situations.

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLaolam
EINHdr · item D31-1780317
Principal addressHdr · item CLeavenworth, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFJul 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$7,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Michael H Moore’s $7K as President is at the 3rd percentile of top reported officer pay among 2165 $100K–1M human services 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
Lisa R Moore$8,579
Michael H Moore$7,200$7,000$7,000$7,000

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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Statement of Revenue

Part VIII
Contributions & grants100%$250K
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.29 Management & general $0.71
Program services29%$78K
Management & general71%$192K
Total functional expensesLn 25$270K

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$28K
Total liabilitiesLn 26$0
Total net assetsLn 32$28K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $28K · Operating expenses/yr $270K
1.3 months
Where the money goes
Program services
Program services $78K · Total expenses $270K
29%
Management & General
Management & general $192K · Total expenses $270K
71%
Fundraising
Fundraising $0 · Total expenses $270K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $255K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $250K · Total revenue $250K
100%
Government reliance
Government grants — · Total revenue $250K
Earned-income share
Program service revenue $0 · Total revenue $250K
0%
Investment reliance
Investment income $0 · Total revenue $250K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $270K
0%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year $295K
-15%
Net-asset trend (YoY)
End of year $28K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $270K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $28K
Net-asset ratio
Net assets $28K · Total assets $28K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $28K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael H Moore · Reported title President · Highest reported compensation $7K · Total expenses $270K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $37K · Total expenses $270K
14%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 29%
Overhead ratio 71%
Fundraising cost ratio 0%
Revenue growth -15%

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 · FY2024
Total grants receivedfrom 1 funder$16K

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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)$314K revenue · ⤓ 990 PDF
FY2023$370K revenue · ⤓ 990 PDF
FY2022$250K revenue · viewing · ⤓ 990 PDF
FY2021$295K revenue · ⤓ 990 PDF
FY2020$221K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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