Mission
THE FOUNDATION INVESTS, MANAGES, AND SAFEGUARDS DONATIONS MADE FOR THE BENEFIT OF LARC, INC.
Public Charity
LARC FOUNDATION INC
Based in LAFAYETTE, LA, LARC FOUNDATION INC operates as a Public Charity. The organization reported $169K in revenue, $81K in expenses, $1.4M in total assets for fiscal year 2025. Imperigo tracks 8 reported grants from this foundation totaling approximately $439K.
EIN: 721446488
LAFAYETTE, LA
Federated Giving Programs
NTEE: T70
Latest filing: 2025
Total Revenue$169K
Total Expenses$81K
Total Assets$1.4M
Grants Given8
Grant Total$439K
Filing Years2020–2025
Where $100 goes at Larc Foundation Inc
How Larc Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$90
Programs
the work itself
$10
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $90 for programs
$90
The foundation provides funds to pay retirement plan expenses for the employees of larc inc and contribute to larc inc's annual noel acadien fundraiser
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
OPERATING CASH
$79,405
OPERATING CASH
$56,864
401(K) MATCH
$55,036
LIGHTING PROJECTS
$33,467
LIGHTING PROJECTS
$35,614
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
VICE PRESIDE
Jd Morein
SECRETARY/TR
Lyon Hebert
PRESIDENT
Nicholas Gachassin Iii
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $169K | $81K | $1.4M |
| 2024 | $94K | $58K | $1.3M |
| 2023 | $-35K | $57K | $1.2M |
| 2021 | $145K | $43K | $1.5M |
| 2020 | $50K | $47K | $1.3M |
Between 2020 and 2025, reported annual revenue grew from $50K to $169K (+241%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in LA.
LA
Full geographic grant map with state-by-state breakdown available with membership.