Look Foundation Inc
EIN: 814926490 · Scituate, MA · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $221K |
| Net Assets | $156K |
Is Look Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Look Foundation Inc
Look Foundation Inc (EIN: 814926490) is a nonprofit organization based in Scituate, MA, classified under NTEE code P80. The organization reported total revenue of $327K and total assets of $231K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Look Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Look Foundation Inc is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 185.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $249K |
| Total Expenses | $221K |
| Surplus / Deficit | +$28K |
| Total Assets | $206K |
| Total Liabilities | $50K |
| Net Assets | $156K |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 24.3% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Look Foundation Inc reported a surplus of $28K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 24.3% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Look Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 185.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +124.1% | +231.6% | +60.3% |
| 2022 | +63.2% | +80.5% | +53.0% |
| 2021 | +537.3% | +27.7% | +63.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Look Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Look Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.3%.
Frequently Asked Questions about Look Foundation Inc
Is Look Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Look Foundation Inc (EIN: 814926490) insufficient data. 0 red flags identified, 0 strengths noted.
How does Look Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Look Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Look Foundation Inc tax-deductible?
Look Foundation Inc is registered as a tax-exempt nonprofit (EIN: 814926490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Look Foundation Inc located?
Look Foundation Inc is headquartered in Scituate, Massachusetts and files with the IRS under EIN 814926490. It is classified under NTEE code P80.
How many years of IRS 990 filings does Look Foundation Inc have?
Look Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $327K in total revenue.
Filing History
IRS 990 filing history for Look Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Look Foundation Inc's revenue has grown by 2231.2%, moving from $11K to $249K. Total assets increased by 301.4% over the same period, from $51K to $206K. Total functional expenses rose by 664.7%, from $29K to $221K. In its most recent filing year (2023), Look Foundation Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $50K in liabilities against $206K in assets (debt-to-asset ratio: 24.3%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $249K | $221K | $206K | $50K | — | View 990 |
| 2022 | $111K | $67K | $128K | $0 | — | View 990 |
| 2021 | $68K | $37K | $84K | $0 | — | View 990 |
| 2020 | $11K | $29K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $249K, expenses of $221K, and assets of $206K (revenue +124.1% year-over-year).
- 2022: Revenue of $111K, expenses of $67K, and assets of $128K (revenue +63.2% year-over-year).
- 2021: Revenue of $68K, expenses of $37K, and assets of $84K (revenue +537.3% year-over-year).
- 2020: Revenue of $11K, expenses of $29K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Look Foundation Inc:
Data Sources and Methodology
This transparency report for Look Foundation Inc 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.