Lost Sparrows INC EIN 82-2751938 Form 990 (PDF) Claim this org

Lost Sparrows INC FY2023 filing

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Empowering families and communities to love, nurture, and protect vulnerable children. For fiscal year 2023 it reported $251K in revenue, $292K in expenses, and $52K in net assets.Pt I

Founded
2017
Type
Public charity (501(c)(3)) · Human Services
Location
Winona Lake, IN
Website
lostsparrows.org
Filings
5 on file (2021–2023)
Revenue
$251KFY2023
Expenses
$292K
Net assets
$52K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-2751938 Public charity (501(c)(3)) Winona Lake, IN Founded 2017
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Empowering families and communities to love, nurture, and protect vulnerable children.
Leadership
Darren Gagnon · President · $60K
Money in and out
$251K revenue, $292K expenses
Bottom line
57% program efficiency
Where the money goes · FY2023
Total revenue
$251K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$52K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$41K
Where spending went · Part IX cols B–D
Program services $0.57 Management & general $0.36 Fundraising $0.07
Program efficiency
57%
of spending reaches programs
Operating runway
2.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$251K
FY2023▼ -20%
Expenses
$292K
FY2023-0.4%
Total assets
$52K
FY2023▼ -44%
Total liabilities
$0
FY2023
Total revenue
$251K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$52K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$41K
Total assetsPt X · Ln 16$52K
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLost Sparrows INC
EINHdr · item D82-2751938
Principal addressHdr · item CWinona Lake, IN
WebsiteHdr · item Jlostsparrows.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFNov 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$60,000Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Darren Gagnon’s $60K as President is at the 50th 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Darren Gagnon$60,000$60,000$60,000$61,154$60,638

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 $165K of program spending, described in the organization's own filed words · FY2023.
01

The calendar year of 2023 seemingly saw a return to normalcy for lost sparrows. It felt like our first full year of stability post-covid, with a stable board of directors, stable staff, and our first return to eastern europe in several years.

$165Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$206K · 82%
Program service revenue$43K · 17%
Other revenue$3K · 1%
Contributions & grants82%$206K
Program service revenue17%$43K
Other revenue1%$3K
Total revenueLn 12$251K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.36 Fundraising $0.07
Program services57%$165K
Management & general36%$105K
Fundraising7%$22K
Total functional expensesLn 25$292K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$52K
Total liabilitiesLn 26$0
Total net assetsLn 32$52K
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses/yr $292K
2.1 months
Where the money goes
Program services
Program services $165K · Total expenses $292K
57%
Management & General
Management & general $105K · Total expenses $292K
36%
Fundraising
Fundraising $22K · Total expenses $292K
7%
Cost to raise $1
Fundraising expense (2-yr avg) $19K · Solicited contributions (2-yr avg) $235K
$0.08 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $206K · Total revenue $251K
82%
Government reliance
Government grants — · Total revenue $251K
Earned-income share
Program service revenue $43K · Total revenue $251K
17%
Investment reliance
Investment income $0 · Total revenue $251K
0%
Program self-sufficiency
Program service revenue $43K · Total expenses $292K
15%
Growth & trend
Revenue growth (YoY)
This year $251K · Prior year $312K
-20%
Net-asset trend (YoY)
End of year $52K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $251K · Expenses $292K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $52K
Net-asset ratio
Net assets $52K · Total assets $52K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $52K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Darren Gagnon · Reported title PRESIDENT · Highest reported compensation $60K · Total expenses $292K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $70K · Total expenses $292K
24%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 57%
Overhead ratio 36%
Fundraising cost ratio 11%
Revenue growth -20%
Legal fee ratio 4%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 2 grants · $12K · 2023–2024
Community Nest INCIN · FY2024$6,404
Community Nest INCIN · FY2023$5,100

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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
FY2025 (Latest)$223K revenue · ⤓ 990 PDF
FY2024$263K revenue · ⤓ 990 PDF
FY2023$251K revenue · viewing · ⤓ 990 PDF
FY2022$312K revenue · ⤓ 990 PDF
FY2021$194K revenue · ⤓ 990 PDF

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Sources

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