Civic Intelligence

Lax Foundation Inc.

EIN 92-2521236 • Potomac, MD

Pub. 78 EligibleNTEE P20
10024 Avenel Farm DrPotomac, MD 20854
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P20 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

6.5%

Higher net margin than 51% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$668

Down $1,595 (-70%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$668

Down $1,595 (-70%) from 2024

Operations
Liabilities / Revenue67th percentileNet Margin51st percentile

Revenue

Down

$5,000

Down $30,000 (-86%) from 2024

Expenses

Down

$6,595

Down $26,142 (-80%) from 2024

Net Income

Down

-$1,595

Down $3,858 (-170%) from 2024

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0K$2.0K$1.0K$0Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $2,263Liabilities 2024: $0Net Assets 2024: $2,2632024Assets 2025: $668Liabilities 2025: $0Net Assets 2025: $6682025

Highlighted filing

2025

Assets$668
Liabilities$0
Net Assets$668
Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$30K$20K$10K$0-$10KRevenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $35,000Expenses 2024: $32,737Net Income 2024: $2,2632024Revenue 2025: $5,000Expenses 2025: $6,595Net Income 2025: -$1,5952025

Highlighted filing

2025

Revenue$5,000
Expenses$6,595
Net Income-$1,595
Open 2025 Filing

Filings

Most recent year

2025 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$668
Liabilities
$0
Net assets
$668
Revenue
$5,000
Expenses
$6,595
Net income
-$1,595
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$5.00$6.60$1.60
2024Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$35.0$32.7$2.26
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 6, 2026
Return Version
2025v4.1
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAXMI VINNAKOTAPresident-$0--
Filing and Contact Details

Filer

Filer Name
Lax Foundation Inc
EIN
92-2521236
Phone
2023610364
Address
10024 AVENEL FARM DR, POTOMAC, MD 20854

Signing Officer

Name
Laxmi
Title
Vinnakota
Signed
2026-04-06
Discuss with paid preparer
Yes

Preparer

Firm
Chawla & Chawla PC
Address
438 N Frederick Ave Ste 400, Gaithersburg, MD 20877
Preparer
Manoj Kumar
Phone
3019772481
Raw XML Appendix176 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0438 N Frederick Ave Ste 400
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020877
ReturnHeader/PreparerPersonGrp/PhoneNum03019772481
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Manoj Kumar
ReturnHeader/ReturnTs02026-04-06T19:29:08-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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