Larouche Organization FY2023 filing

Not tax-deductible

Hackensack, NJ501(c)(4)Civil Rights & AdvocacyEIN 85-4305047

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The purposes for which the corporation is organized are to promote social welfare within the meaning of section 501(c)(4) of the internal revenue code, including but not limited to educating, discussing and implementing the policies and ideas associated with lyndon Larouche and helga zepp-Larouche, and other modern and historical figures associated with the american system of political economy which Larouche represented, as well as other scientists and cultural figures, for the purpose of promoting the general welfare of the community.

48¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average surplus $3K a year · 1% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
48%
of spending
Concern: 48% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$82K
80% of total assets
Worth a look: liabilities are 80% of assets; over 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$346K
+10% vs prior year
Spent
$380K
To programs
48%
Net assets
$20K
By yearFY2021–FY2024
Revenue
$346K
FY2023▲ +10%
Revenue by fiscal year
FY2021$382K
FY2022$314K
FY2023$346K
FY2024$255K
Expenses
$380K
FY2023▲ +14%
Expenses by fiscal year
FY2021$314K
FY2022$332K
FY2023$380K
FY2024$259K
Net assets
$20K
FY2023▼ -63%
Net assets by fiscal year
FY2021$70K
FY2022$53K
FY2023$20K
FY2024$16K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

48 cents of each dollar spent went to programs.

Program services 48% · $184K Management & general 29% · $110K Fundraising 22% · $85K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary / Treasurer
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates and promotes policies and ideas of historical figures for community welfare.

Provided by the organization

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3 program services account for $184K of program spending, described in the organization's own filed words · FY2023.
01

Community Outreach

To educate the public on the policies and ideas the organization promotes by tabling and distributing information in public areas, by attending and organizing events, and by reaching out to people by telephone. The organization directly intersected thousands of people in this way in 2023.

$108Kprogram expense
02

Social Media & Internet Outreach

The organization has maintained a website and made hundreds of posts to it, made social media posts on twitter and other platforms, held over 100 live zoom / youtube streams, and posted over 250 youtube videos, increasing our subscriber base compared to 2022.

$61Kprogram expense
03

Research, Publishing and Distributing Reports / Proposals

The organization has produced and printed 20,000 copies of booklets offering its historical and economic analysis and proposals for scientific and economic development and peaceful cooperation to solve various problems facing our nation and the world.

$15Kprogram expense

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$346K
Ln 12
Gifts and grantsLn 1h$344K
Other incomeLn 4–11$2K
Investment incomeLn 3$2
Money outPt IX
$380K
Ln 25
Programscol B$184K
Managementcol C$110K
Fundraisingcol D$85K
Owns and owesPt X
$20K
net assets · Ln 32
Cash and savingsLn 1–2$18K
Total assetsLn 16$101K
LiabilitiesLn 26$82K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$344K
Investment incomeLn 3$2
Other incomeLn 4–11$2K
Total revenueLn 12$346K
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$15K
Cash and savings togetherLn 1–2$18K
Land, buildings, equipmentLn 10c$5K
Other assetsLn 15$70K
Total assetsLn 16$101K
LiabilitiesLn 26$82K
Net assetsLn 32$20K
OperationsPt I, VI
EmployeesI 514
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$37K$18K
Land, buildings, equipmentLn 10c$4K$5K
Total assetsLn 16$148K$101K
LiabilitiesLn 26$95K$82K
Net assetsLn 32$53K$20K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$163K$92K$28K$43K
Payroll taxesLn 10$18K$7K$4K$7K
Legal feesLn 11b$55K$12$55K
Office expensesLn 13$6K$602$5K
Information technologyLn 14$7K$7K$308$463
TravelLn 17$31K$11K$12K$7K
Depreciation, depletion and amortizationLn 22$6K$6K$214
InsuranceLn 23$3K$152$3K$150
Other expenses (24a–d)Ln 24$90K$59K$3K$27K
Total functional expensesLn 25$380K$184K$110K$85K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $255K$259K−$4K$16K 990 PDF
FY2023 Viewing $346K$380K−$33K$20K 990 PDF
FY2022 $314K$332K−$18K$53K 990 PDF
FY2021 $382K$314K$68K$70K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $346,284 across 5 lines filed
VIII-1f All other contributions, gifts and grants$344,126
VIII-1h Total contributions, gifts and grants$344,126
VIII-3 Investment incomeExcluded from tax $2$2
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,156$2,156
VIII-12 Total revenueRelated to mission $2,156 · Unrelated business $0 · Excluded from tax $2$346,284
Part IX · Statement of functional expenses $379,737 across 9 lines filed
IX-7 Other salaries and wagesPrograms $92,388 · Management $27,955 · Fundraising $43,059$163,402
IX-10 Payroll taxesPrograms $7,355 · Management $3,855 · Fundraising $7,000$18,210
IX-11b Legal feesPrograms $12 · Management $55,135$55,147
IX-13 Office expensesPrograms $602 · Management $5,167$5,769
IX-14 Information technologyPrograms $6,619 · Management $308 · Fundraising $463$7,390
IX-17 TravelPrograms $11,217 · Management $11,894 · Fundraising $7,435$30,546
IX-22 Depreciation, depletion and amortizationPrograms $6,134 · Management $214$6,348
IX-23 InsurancePrograms $152 · Management $2,712 · Fundraising $150$3,014
IX-24 Other expenses (24a–d)Programs $59,388 · Management $3,227 · Fundraising $27,296$89,911
IX-25 Total functional expensesPrograms $183,867 · Management $110,467 · Fundraising $85,403$379,737
Part X · Balance sheet $101,370 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $6,674$2,871
X-2 Savings and temporary cash investmentsStart of year $30,003$15,364
X-3 Pledges and grants receivableStart of year $2,064$2,182
X-10c Land, buildings and equipment, netStart of year $3,986$4,820
X-14 Intangible assetsStart of year $10,685$5,753
X-15 Other assetsStart of year $94,489$70,380
X-16 Total assetsStart of year $147,901$101,370
X-17 Accounts payable and accrued expensesStart of year $2,567$12,955
X-25 Other liabilitiesStart of year $92,068$68,602
X-26 Total liabilitiesStart of year $94,635$81,557
X-27 Net assets without donor restrictionsStart of year $53,266$19,813
X-32 Total net assets or fund balancesStart of year $53,266$19,813
X-33 Total liabilities and net assetsStart of year $147,901$101,370
Part XI · Reconciliation of net assets $19,813 net assets at year end
XI-1 Total revenue$346,284
XI-2 Total expenses$379,737
XI-3 Revenue less expenses−$33,453
XI-4 Net assets at start of year$53,266
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$19,813

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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