Quick charity verification for Lovering Family Foundation (EIN: 205096443)
Verdict: Lovering Family Foundation appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, potentially indicating inactivity or cessation of operations.
NTEE code is unknown, making it difficult to understand the organization's specific mission area.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive costs.
Consistent filing of IRS Form 990s, demonstrating basic compliance and transparency.
Maintains low liabilities ($0 across all filings), suggesting sound financial management.
Spending Breakdown
How Lovering Family Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Lovering Family Foundation
Is Lovering Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lovering Family Foundation (EIN: 205096443) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Lovering Family Foundation a good charity to donate to?
Lovering Family Foundation has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lovering Family Foundation?
The Employer Identification Number (EIN) for Lovering Family Foundation is 205096443. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Lovering Family Foundation spend its money?
Lovering Family Foundation allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lovering Family Foundation's tax-exempt status?
You can verify Lovering Family Foundation's tax-exempt status using EIN 205096443 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Lovering Family Foundation appears to be a very small private foundation, as indicated by its consistently low revenue and asset figures across its filing history. For instance, in 2017, it reported only $8,014 in revenue and $24,035 in assets. The organization consistently reports $0 in officer compensation, which is a positive indicator of efficiency for a foundation of this size. However, the latest filing shows $0 in both revenue and assets, which could suggest inactivity or a winding down phase, or simply a reporting anomaly that warrants further investigation. Given its small scale, detailed program spending breakdowns are not readily available in the provided summary, making a precise assessment of spending efficiency challenging beyond the lack of executive compensation. The consistent filing of IRS Form 990s demonstrates a commitment to basic transparency, but the lack of detailed financial activity in the most recent period raises questions about its current operational status.