James B Loveland Memorialfoundation
James B Loveland Memorialfoundation faces severe financial distress with 2023 expenses exceeding revenue by over $900,000 and declining assets.
EIN: 204536896 · Alpine, UT · NTEE: T12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32 |
| Total Expenses | $930K |
| Program Spending | 50% |
| Net Assets | $947 |
| Transparency Score | 30/100 |
Search Intent Cockpit
James B Loveland Memorialfoundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
James B Loveland Memorialfoundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around James B Loveland Memorialfoundation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $11K and expenses of $930K.
Revenue and Expenses
James B Loveland Memorialfoundation reported $11K in revenue and $930K in expenses, a deficit of $920K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
30/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.
Is James B Loveland Memorialfoundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $465K (50%) |
Across stored filings, James B Loveland Memorialfoundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 50% to programs | Below Average |
| Financial durability | Grade C | 11 stored filing years |
| Peer context | Compare with Shepherds Walk Foundation Inc | Utah and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Alpine, UT nonprofitsPhilanthropy in Utah
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Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
James B Loveland Memorialfoundation directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About James B Loveland Memorialfoundation
James B Loveland Memorialfoundation (EIN: 204536896) is a nonprofit organization based in Alpine, UT, classified under NTEE code T12. The organization reported total revenue of $32 and total assets of $972 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James B Loveland Memorialfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James B Loveland Memorialfoundation is a micro nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $930K |
| Surplus / Deficit | $-919,761 |
| Total Assets | $948 |
| Total Liabilities | $1 |
| Net Assets | $947 |
| Operating Margin | -8702.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, James B Loveland Memorialfoundation reported a deficit of $920K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), James B Loveland Memorialfoundation's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -75.4% | +1014.3% | -99.9% |
| 2022 | +11.7% | -67.0% | -4.8% |
| 2020 | -512.5% | +63.0% | -16.7% |
| 2019 | +6.9% | +78.1% | -10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates James B Loveland Memorialfoundation with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, James B Loveland Memorialfoundation allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $920K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not reported as officer compensation. This is a positive for minimizing overhead, but the organization's overall financial health remains poor despite this.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of James B Loveland Memorialfoundation's IRS 990 filings:
- Severe and consistent operational deficits, with 2023 expenses ($930,330) vastly exceeding revenue ($10,569).
- Dramatic decline in assets from over $1.4 million in 2015 to $948 in 2023, indicating depletion of reserves.
- Negative revenue reported in 2020 ($-116,393), which is an unusual and concerning financial event.
- High expense ratios relative to revenue across multiple years, suggesting unsustainable spending patterns.
Strengths
The following positive indicators were identified for James B Loveland Memorialfoundation:
- Consistent filing of IRS 990 forms, indicating a commitment to basic transparency.
- Zero reported officer compensation across all filings, suggesting volunteer leadership or very low administrative overhead in this specific area.
Frequently Asked Questions about James B Loveland Memorialfoundation
Is James B Loveland Memorialfoundation a legitimate charity?
James B Loveland Memorialfoundation (EIN: 204536896) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 30/100. It has 11 years of IRS 990 filings on record. Total revenue: $32. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does James B Loveland Memorialfoundation spend its money?
James B Loveland Memorialfoundation directs 50% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to James B Loveland Memorialfoundation tax-deductible?
James B Loveland Memorialfoundation is registered as a tax-exempt nonprofit (EIN: 204536896). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of James B Loveland Memorialfoundation's spending goes to programs?
James B Loveland Memorialfoundation directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does James B Loveland Memorialfoundation compare to similar nonprofits?
With a transparency score of 30/100 (Poor), James B Loveland Memorialfoundation is below average for NTEE category T12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James B Loveland Memorialfoundation located?
James B Loveland Memorialfoundation is headquartered in Alpine, Utah and files with the IRS under EIN 204536896. It is classified under NTEE code T12.
How many years of IRS 990 filings does James B Loveland Memorialfoundation have?
James B Loveland Memorialfoundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $32 in total revenue.
Why did expenses surge to $930,330 in 2023 while revenue was only $10,569?
The significant disparity between expenses and revenue in 2023 suggests either a major one-time expenditure, a significant operational change, or a severe financial mismanagement issue. Without further detail on the nature of these expenses, it's impossible to determine the cause.
What caused the substantial decline in assets from $1,404,350 in 2015 to $948 in 2023?
The drastic reduction in assets indicates that the organization has been spending down its reserves or experiencing significant investment losses over the past several years, which is unsustainable for long-term operations.
How does the organization plan to sustain its operations given the consistent deficits?
The repeated pattern of expenses far exceeding revenue, particularly in recent years, raises serious questions about the organization's financial viability and its strategy for achieving long-term sustainability.
What was the nature of the negative revenue reported in 2020 ($-116,393)?
Negative revenue can occur due to significant investment losses, returns of grants, or other unusual financial events. This specific instance warrants investigation to understand its impact on the organization's financial health.
Filing History
IRS 990 filing history for James B Loveland Memorialfoundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), James B Loveland Memorialfoundation's revenue has declined by 69.1%, moving from $34K to $11K. Total assets decreased by 99.9% over the same period, from $663K to $948. Total functional expenses rose by 2109.1%, from $42K to $930K. In its most recent filing year (2023), James B Loveland Memorialfoundation reported a deficit of $920K, with expenses exceeding revenue. The organization holds $1 in liabilities against $948 in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $947.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $930K | $948 | $1 | — | — |
| 2022 | $43K | $83K | $795K | $1 | — | View 990 |
| 2021 | $38K | $253K | $835K | $1 | — | — |
| 2020 | $-116,393 | $94K | $1.0M | $1 | — | — |
| 2019 | $28K | $58K | $1.3M | $1 | — | View 990 |
| 2015 | $26K | $33K | $1.4M | $0 | — | View 990 |
| 2014 | $54K | $47K | $1.4M | $0 | — | View 990 |
| 2013 | $281K | $45K | $1.4M | $0 | — | View 990 |
| 2012 | $46K | $31K | $1.2M | $0 | — | View 990 |
| 2011 | $526K | $35K | $1.2M | $0 | — | View 990 |
| 2010 | $34K | $42K | $663K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $930K, and assets of $948 (revenue -75.4% year-over-year).
- 2022: Revenue of $43K, expenses of $83K, and assets of $795K (revenue +11.7% year-over-year).
- 2021: Revenue of $38K, expenses of $253K, and assets of $835K.
- 2020: Revenue of $-116,393, expenses of $94K, and assets of $1.0M (revenue -512.5% year-over-year).
- 2019: Revenue of $28K, expenses of $58K, and assets of $1.3M (revenue +6.9% year-over-year).
- 2015: Revenue of $26K, expenses of $33K, and assets of $1.4M (revenue -50.8% year-over-year).
- 2014: Revenue of $54K, expenses of $47K, and assets of $1.4M (revenue -80.9% year-over-year).
- 2013: Revenue of $281K, expenses of $45K, and assets of $1.4M (revenue +517.4% year-over-year).
- 2012: Revenue of $46K, expenses of $31K, and assets of $1.2M (revenue -91.3% year-over-year).
- 2011: Revenue of $526K, expenses of $35K, and assets of $1.2M (revenue +1436.1% year-over-year).
- 2010: Revenue of $34K, expenses of $42K, and assets of $663K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James B Loveland Memorialfoundation:
Data Sources and Methodology
This transparency report for James B Loveland Memorialfoundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.