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James T Lefrak Charitable Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$866k (2023)

Expenses
$205k (2023)

Total Assets
$3.9M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$865,750
Expenses
$205,136
Net Income
$660,614
Net Assets
$3,903,139
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $750,000
86.6%
Interest Revenue $26,620
3.1%
Dividends $52,982
6.1%
Sales of Assets $36,148
4.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $202,544
98.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,903,139
Total Liabilities $0
Net Assets $3,903,139
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley End 62023 (Director & President) $0 $0
Brian Mclean (Director & Executive Vice President) $0 $0
Jay Mchugh (Director & Vice President) $0 $0
Joshua Grant (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,335,962
Expenses
$203,088
Net Income
$3,132,874
Net Assets
$3,242,525
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,341,904
> 100%
Interest Revenue $62
0.0%
Dividends $467
0.0%
Sales of Assets -$6,471
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $201,556
99.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,242,525
Total Liabilities $0
Net Assets $3,242,525
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley (Director & President) $0 $0
Linda Durso End 112022 (Treasurer) $0 $0
Brian Mclean (Director & Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$200,148
Expenses
$222,202
Net Income
-$22,054
Net Assets
$109,656
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $200,000
99.9%
Interest Revenue $3
0.0%
Dividends $145
0.1%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $211,113
95.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $109,656
Total Liabilities $0
Net Assets $109,656
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley (Director & President) $0 $0
Heather M Drysdale End 82021 (Director & Secretary) $0 $0
Linda Durso (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,025
Expenses
$2,375
Net Income
-$350
Net Assets
$131,709
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,012
99.4%
Dividends $13
0.6%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,200
50.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $131,710
Total Liabilities $1
Net Assets $131,709
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley (Director & President) $0 $0
Heather M Drysdale (Director & Secretary) $0 $0
Linda Durso (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,412
Expenses
$25,879
Net Income
-$22,467
Net Assets
$132,059
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,291
96.5%
Dividends $121
3.5%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,200
81.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $132,060
Total Liabilities $1
Net Assets $132,059
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley (Director & President) $0 $0
Heather M Drysdale (Director & Secretary) $0 $0
Linda Durso (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$154,828
Expenses
$2,375
Net Income
$152,453
Net Assets
$154,527
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $227,664
> 100%
Interest Revenue $0
Dividends $44
0.0%
Sales of Assets -$72,880
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,200
50.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $154,527
Total Liabilities $0
Net Assets $154,527
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley (Director & President) $0 $0
Heather M Drysdale (Director & Secretary) $0 $0
Linda Durso (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$0
Expenses
$2,225
Net Income
-$2,225
Net Assets
$2,074
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,125
50.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,074
Total Liabilities $0
Net Assets $2,074
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley (Director & President) $0 $0
Heather M Drysdale (Director & Secretary) $0 $0
Linda Durso (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,000
Expenses
$2,765
Net Income
$2,235
Net Assets
$4,299
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,000
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,395
50.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,299
Total Liabilities $0
Net Assets $4,299
Compensation
Key Employees and Officers Compensation Other
Thomas A Varley (Director & President) $0 $0
Heather M Drysdale (Director & Secretary) $0 $0
Linda Durso (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,500
Expenses
$4,630
Net Income
$1,870
Net Assets
$2,064
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $6,500
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,327
50.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,064
Total Liabilities $0
Net Assets $2,064
Compensation
Key Employees and Officers Compensation Other
Heather M Drysdale (Director, President & Secr) $0 $0
Linda Durso (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$500
Expenses
$1,875
Net Income
-$1,375
Net Assets
$194
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $500
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $950
50.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $194
Total Liabilities $0
Net Assets $194

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,500
Expenses
$1,025
Net Income
$1,475
Net Assets
$1,569
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,500
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $525
51.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,569
Total Liabilities $0
Net Assets $1,569

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,500
Expenses
$2,524
Net Income
-$24
Net Assets
$94
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,500
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,249
49.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $94
Total Liabilities $0
Net Assets $94

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,000
Expenses
$1,025
Net Income
-$25
Net Assets
$118
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,000
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $500
48.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $118
Total Liabilities $0
Net Assets $118

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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