Lortz Family Foundation
EIN: 266355423 · Sheldon, SC
| Metric | Value |
|---|---|
| Total Expenses | $75K |
| Net Assets | $6K |
Is Lortz Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lortz Family Foundation
Lortz Family Foundation (EIN: 266355423) is a nonprofit organization based in Sheldon, SC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lortz Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lortz Family Foundation is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 99.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $75K |
| Surplus / Deficit | +$37K |
| Total Assets | $6K |
| Total Liabilities | $1 |
| Net Assets | $6K |
| Operating Margin | 32.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2014, Lortz Family Foundation reported a surplus of $37K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Lortz Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 99.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +3727466.7% | +10.7% | -44.6% |
| 2013 | -100.0% | +10.1% | -85.6% |
| 2012 | +697.9% | +12.5% | +180.1% |
AI Analysis Pending
AI enrichment for Lortz Family Foundation 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 Lortz Family Foundation 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Lortz Family Foundation
Is Lortz Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lortz Family Foundation (EIN: 266355423) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lortz Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Lortz Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Lortz Family Foundation tax-deductible?
Lortz Family Foundation is registered as a tax-exempt nonprofit (EIN: 266355423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lortz Family Foundation located?
Lortz Family Foundation is headquartered in Sheldon, South Carolina and files with the IRS under EIN 266355423.
How many years of IRS 990 filings does Lortz Family Foundation have?
Lortz Family Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Lortz Family Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Lortz Family Foundation's revenue has grown by 691.3%, moving from $14K to $112K. Total assets decreased by 77.6% over the same period, from $28K to $6K. Total functional expenses rose by 37.2%, from $55K to $75K. In its most recent filing year (2014), Lortz Family Foundation reported a surplus of $37K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $112K | $75K | $6K | $1 | — | View 990 |
| 2013 | $3 | $68K | $11K | $1 | — | View 990 |
| 2012 | $113K | $62K | $79K | $0 | — | View 990 |
| 2011 | $14K | $55K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $112K, expenses of $75K, and assets of $6K (revenue +3727466.7% year-over-year).
- 2013: Revenue of $3, expenses of $68K, and assets of $11K (revenue -100.0% year-over-year).
- 2012: Revenue of $113K, expenses of $62K, and assets of $79K (revenue +697.9% year-over-year).
- 2011: Revenue of $14K, expenses of $55K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lortz Family Foundation:
Data Sources and Methodology
This transparency report for Lortz Family Foundation 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.