Lawrence Charitable Tr EIN 84-6691455

Lawrence Charitable Tr FY2021 filing

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Offers facilities and grants to education groups and programs. For fiscal year 2021 it reported $-82K in revenue, $5K in expenses, and $113K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Brooklyn, NY
Filings
5 on file (2020–2021)
Revenue
$-82KFY2021
Expenses
$5K
Net assets
$113K
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-6691455 Public charity (501(c)(3)) Brooklyn, NY
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Offers facilities and grants to education groups and programs.
Leadership
Money in and out
$-82K revenue, $5K expenses
Bottom line
0% program efficiency
Where the money goes · FY2021
Total revenue
$-82K
Pt VIII · Ln 12
Total expenses
$5K
Pt IX · Ln 25
Net assets
$113K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$86K
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
372.7mo
months of highly liquid reserves at operating expense rate

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$-82K
FY2021▼ -141%
Expenses
$5K
FY2021▲ ×11
Total assets
$4.5M
FY2021▲ +12%
Total liabilities
$4.4M
FY2021▲ +15%
Total revenue
$-82K
Pt VIII · Ln 12
Total expenses
$5K
Pt IX · Ln 25
Net assets
$113K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$86K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

Various religious and educational grants

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLawrence Charitable Tr
EINHdr · item D84-6691455
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W11)
Ruling yearIRS BMFNov 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$5K
Total functional expensesLn 25$5K

Balance Sheet

Part X · end of year
CashLn 1$140K
Total assetsLn 16$4.5M
Total liabilitiesLn 26$4.4M
Total net assetsLn 32$113K
Months of cash on handcomputed372.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $140K · Operating expenses/yr $5K
372.7 months
Where the money goes
Program services
Program services $0 · Total expenses $5K
0%
Management & General
Management & general $5K · Total expenses $5K
100%
Fundraising
Fundraising $0 · Total expenses $5K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $100K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $-82K
Government reliance
Government grants — · Total revenue $-82K
Earned-income share
Program service revenue $0 · Total revenue $-82K
Investment reliance
Investment income $72 · Total revenue $-82K
Program self-sufficiency
Program service revenue $0 · Total expenses $5K
0%
Growth & trend
Revenue growth (YoY)
This year $-82K · Prior year $200K
-141%
Net-asset trend (YoY)
End of year $113K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-82K · Expenses $5K
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
Net-asset ratio
Net assets $113K · Total assets $4.5M
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mordechai T Meisels · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $5K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $5K
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Revenue growth -141%
Accounting fee ratio 81%

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.

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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)$95K revenue · ⤓ 990 PDF
FY2023$1K revenue · ⤓ 990 PDF
FY2022$-247K revenue · ⤓ 990 PDF
FY2021$-82K revenue · viewing · ⤓ 990 PDF
FY2020$200K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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