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Martin John Lafoley Foundation

Lafoley Michael J Co Tee

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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$19.1k (2023)

Expenses
$27.3k (2023)

Total Assets
$513k (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 Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,120
Expenses
$27,253
Net Income
-$8,133
Net Assets
$513,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,200
27.2%
Program Services $0
Investment Income $21,785
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$7,865
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $513,294
Total Liabilities $0
Net Assets $513,294
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$61,695
Expenses
$9,469
Net Income
$52,226
Net Assets
$493,209
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
0.8%
Program Services $0
Investment Income $46,257
75.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,938
24.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $493,209
Total Liabilities $0
Net Assets $493,209
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,579
Expenses
$13,148
Net Income
$22,431
Net Assets
$575,950
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,050
25.4%
Program Services $0
Investment Income $20,330
57.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,199
17.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $575,950
Total Liabilities $0
Net Assets $575,950
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,240
Expenses
$23,114
Net Income
$1,126
Net Assets
$494,534
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,250
25.8%
Program Services $0
Investment Income $8,569
35.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,421
38.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $494,534
Total Liabilities $0
Net Assets $494,534
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,288
Expenses
$14,346
Net Income
$22,942
Net Assets
$481,126
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,510
20.1%
Program Services $5,000
13.4%
Investment Income $9,248
24.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,530
41.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $481,126
Total Liabilities $0
Net Assets $481,126
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$39,730
Expenses
$22,262
Net Income
$17,468
Net Assets
$461,001
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,538
24.0%
Program Services $11,625
29.3%
Investment Income $6,610
16.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,957
30.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $461,001
Total Liabilities $0
Net Assets $461,001
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,413
Expenses
$33,651
Net Income
-$7,238
Net Assets
$424,020
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,860
29.8%
Program Services $9,090
34.4%
Investment Income $6,178
23.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,285
12.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $424,020
Total Liabilities $0
Net Assets $424,020
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,834
Expenses
$23,688
Net Income
$13,146
Net Assets
$407,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,162
30.3%
Program Services $8,514
23.1%
Investment Income $15,557
42.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,601
4.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $407,034
Total Liabilities $0
Net Assets $407,034
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,553
Expenses
$16,770
Net Income
$8,783
Net Assets
$384,524
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,660
37.8%
Program Services $6,100
23.9%
Investment Income $15,755
61.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,962
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $384,524
Total Liabilities $0
Net Assets $384,524
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,381
Expenses
$53,097
Net Income
-$15,716
Net Assets
$396,447
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,922
31.9%
Program Services $6,875
18.4%
Investment Income $14,673
39.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,911
10.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $396,447
Total Liabilities $0
Net Assets $396,447
Compensation
Key Employees and Officers Compensation Related Other
William Cook (Trustee) $0 $0 $0
Beverly Lafoley (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,859
Expenses
$15,222
Net Income
$11,637
Net Assets
$404,880
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,800
47.7%
Program Services $0
Investment Income $13,225
49.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $834
3.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $404,880
Total Liabilities $0
Net Assets $404,880

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,556
Expenses
$16,711
Net Income
$10,845
Net Assets
$385,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,694
53.3%
Program Services $0
Investment Income $13,338
48.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$476
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $385,935
Total Liabilities $0
Net Assets $385,935

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,598
Expenses
$24,292
Net Income
$8,306
Net Assets
$345,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,536
44.6%
Program Services $7,895
24.2%
Investment Income $8,625
26.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,542
4.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $345,876
Total Liabilities $0
Net Assets $345,876

Document Links

Fiscal Year Ending Sept.
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 Sept.
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 Sept.
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 Sept.
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.
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 Sept.
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.
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.
2002

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

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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