Louisville Community Foundation
EIN: 263854598 · Louisville, OH · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $381K |
| Total Expenses | $81K |
| Net Assets | $619K |
Is Louisville Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisville Community Foundation
Louisville Community Foundation (EIN: 263854598) is a nonprofit organization based in Louisville, OH, classified under NTEE code T31. The organization reported total revenue of $381K and total assets of $712K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisville Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisville Community Foundation is a small nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $81K |
| Surplus / Deficit | +$211K |
| Total Assets | $620K |
| Total Liabilities | $800 |
| Net Assets | $619K |
| Operating Margin | 72.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 91.4 months |
Financial Health Grade: A
In 2023, Louisville Community Foundation reported a surplus of $211K with revenue exceeding expenses, holds 91.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Louisville Community Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +448.4% | +140.8% | +51.8% |
| 2022 | -31.9% | -47.0% | +5.0% |
| 2021 | +65.7% | +42.7% | +3.9% |
| 2020 | -23.0% | -7.5% | +0.7% |
| 2019 | +85.8% | +15.9% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisville Community 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 Louisville Community 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $211K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Louisville Community Foundation
Is Louisville Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Louisville Community Foundation (EIN: 263854598) insufficient data. 0 red flags identified, 0 strengths noted.
How does Louisville Community Foundation spend its money?
Detailed spending breakdown data is not yet available for Louisville Community Foundation. Check back for updated IRS 990 analysis.
Are donations to Louisville Community Foundation tax-deductible?
Louisville Community Foundation is registered as a tax-exempt nonprofit (EIN: 263854598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisville Community Foundation located?
Louisville Community Foundation is headquartered in Louisville, Ohio and files with the IRS under EIN 263854598. It is classified under NTEE code T31.
How many years of IRS 990 filings does Louisville Community Foundation have?
Louisville Community Foundation has 14 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 $381K in total revenue.
Filing History
IRS 990 filing history for Louisville Community Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Louisville Community Foundation's revenue has declined by 82.2%, moving from $1.6M to $293K. Total assets increased by 2036.8% over the same period, from $29K to $620K. Total functional expenses fell by 96.3%, from $2.2M to $81K. In its most recent filing year (2023), Louisville Community Foundation reported a surplus of $211K, with revenue exceeding expenses. The organization holds $800 in liabilities against $620K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $619K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $293K | $81K | $620K | $800 | — | View 990 |
| 2022 | $53K | $34K | $408K | $800 | — | View 990 |
| 2021 | $78K | $64K | $389K | $800 | — | View 990 |
| 2020 | $47K | $45K | $374K | $800 | — | View 990 |
| 2019 | $61K | $48K | $371K | $800 | — | View 990 |
| 2018 | $33K | $42K | $360K | $800 | — | View 990 |
| 2017 | $93K | $69K | $369K | $0 | — | View 990 |
| 2016 | $70K | $57K | $308K | $8K | — | View 990 |
| 2015 | $70K | $57K | $308K | $8K | — | View 990 |
| 2014 | $110K | $44K | $302K | $11K | — | View 990 |
| 2013 | $59K | $35K | $226K | $0 | — | View 990 |
| 2012 | $39K | $36K | $202K | $0 | — | View 990 |
| 2011 | $197K | $26K | $200K | $0 | — | View 990 |
| 2010 | $1.6M | $2.2M | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $293K, expenses of $81K, and assets of $620K (revenue +448.4% year-over-year).
- 2022: Revenue of $53K, expenses of $34K, and assets of $408K (revenue -31.9% year-over-year).
- 2021: Revenue of $78K, expenses of $64K, and assets of $389K (revenue +65.7% year-over-year).
- 2020: Revenue of $47K, expenses of $45K, and assets of $374K (revenue -23.0% year-over-year).
- 2019: Revenue of $61K, expenses of $48K, and assets of $371K (revenue +85.8% year-over-year).
- 2018: Revenue of $33K, expenses of $42K, and assets of $360K (revenue -64.3% year-over-year).
- 2017: Revenue of $93K, expenses of $69K, and assets of $369K (revenue +31.8% year-over-year).
- 2016: Revenue of $70K, expenses of $57K, and assets of $308K (revenue +0.0% year-over-year).
- 2015: Revenue of $70K, expenses of $57K, and assets of $308K (revenue -35.9% year-over-year).
- 2014: Revenue of $110K, expenses of $44K, and assets of $302K (revenue +87.3% year-over-year).
- 2013: Revenue of $59K, expenses of $35K, and assets of $226K (revenue +51.7% year-over-year).
- 2012: Revenue of $39K, expenses of $36K, and assets of $202K (revenue -80.4% year-over-year).
- 2011: Revenue of $197K, expenses of $26K, and assets of $200K (revenue -88.1% year-over-year).
- 2010: Revenue of $1.6M, expenses of $2.2M, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisville Community Foundation:
Data Sources and Methodology
This transparency report for Louisville Community 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.