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MIP Score

62

Housing
Housing Support

Lotus Endowment Fund Inc.

Mission

The lotus endowment fund, inc. is a 501(c)(3) supporting foundation for the sundari foundation, inc. and its initiatives, including the lotus house women's shelter. the endowment fund was formed to secure the financial stability and long-term viability of the sundari foundation, so the lotus house will serve as a resource for women, children and youth in need for generations to come. part iii, line 1 lotus endowment fund, inc. owns the facilities located at 2040 nw 7th ave, miami, fl 33127 and 420 nw 35th street, miami, fl 33127 and leases such facilities to the sundari foundation, inc. pursuant to a 50 year lease at an annual rent of 1 per year. for 2022, the annual rental value of such facilities was approximately 168,000. lotus village ii, llc, a wholly owned subsidiary of lotus endowment fund, inc., owns the vacant land located at 219 nw 14th terrace, miami florida and leases such land to the sundari foundation, inc. there is no rent or value attributed to such leased land. it is p

Basic Information

Tax-Exempt

Address

3921 Alton Rd, Miami Beach, Florida, 33140

View all Miami Beach charities

Founded in

2007

EIN

92-0233563

Total Assets

$68.84 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

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The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

62

50

/100

Program Expense Ratio

91.09%

20

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.6669

6

/20

Working Capital Ratio

12.46

20

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants8.652M94.25%
Program Services00.00%
Investment Income331.5K3.61%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue9.18M100.00%