Lafayette Industries
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Lafayette Industries does not meet the following 1 Standards for Charity Accountability:
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
The charity does not meet this Standard because:
The organization does not have a link to its most recent 990 on its website.
Lafayette Industries meets the remaining 19 Standards for Charity Accountability.
Stated Purpose:
"To provide full time, long term jobs in the packaging industry for adults with development disabilities."
Year, State Incorporated:
1976, MO
Also Known As:
Lafayette Work Center Inc
Through extensive training and support programs, our employees learn to overcome their disabilities and and utilize their abilities in a nurturing, yet productive and professional working environment. Lafayette employs more adults with developmental disabilities than any other organization in Missouri. We're experts at harnessing the most basic of abilities and making them an integral part of our packaging operation.
For the year ended September 30, 2020, Lafayette Industries's program expenses were:
| Program Services | $5,222,557 |
| Total Program Expenses | $5,222,557 |
Chief Executive
Robert Libera, CEO
Compensation*
$174,914
Chair of the Board
Bill Florent
Chair's Profession / Business Affiliation
Selequity
Board Size
17
Method(s) Used:
Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Lafayette Industries's audited financial statements - combined for the year ended September 30, 2020.
Source of Funds
| Program Revenue | $2,400,451 |
| State Support | $1,964,728 |
| County Support | $1,225,584 |
| Contributions | $316,355 |
| Miscellaneous | $72,522 |
| In-Kind Contributions | $3,500 |
| Total Income | $5,983,140 |
Programs: 82% Fundraising: 3% Administrative: 11%
| Total Income | $5,983,140 |
| Total expenses: | $6,403,677 |
| Program expenses | $5,222,557 |
| Fundraising expenses | $212,867 |
| Administrative expenses | $725,162 |
| Other expenses | $243,091 |
| Income in Excess of Expenses | $-420,537 |
| Beginning Net Assets | $4,994,586 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $4,574,049 |
| Total Liabilities | $828,988 |
| Total Assets | $5,662,725 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Eastern & Southwest Missouri & Southern Illinois