Loving Care Inc
EIN: 300047092 · Louisville, KY
| Metric | Value |
|---|---|
| Total Expenses | $835K |
| Net Assets | $5K |
Is Loving Care Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Loving Care Inc
Loving Care Inc (EIN: 300047092) is a nonprofit organization based in Louisville, KY. 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 Loving Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loving Care Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $779K |
| Total Expenses | $835K |
| Surplus / Deficit | $-55,996 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -7.2% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2015, Loving Care Inc reported a deficit of $56K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2011–2015), Loving Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +19.7% | +27.4% | -91.7% |
| 2014 | +15.4% | +32.7% | -7.0% |
| 2013 | +0.9% | -12.3% | — |
| 2012 | +22.6% | +7.9% | -100.9% |
AI Analysis Pending
AI enrichment for Loving Care 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 Loving Care 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
Frequently Asked Questions about Loving Care Inc
Is Loving Care Inc a legitimate charity?
Loving Care Inc (EIN: 300047092) is a registered tax-exempt nonprofit based in Kentucky. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Loving Care Inc spend its money?
Loving Care Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Loving Care Inc tax-deductible?
Loving Care Inc is registered as a tax-exempt nonprofit (EIN: 300047092). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Loving Care Inc located?
Loving Care Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 300047092.
How many years of IRS 990 filings does Loving Care Inc have?
Loving Care Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Loving Care Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Loving Care Inc's revenue has grown by 70.8%, moving from $456K to $779K. Total assets decreased by 98.9% over the same period, from $456K to $5K. Total functional expenses rose by 60%, from $522K to $835K. In its most recent filing year (2015), Loving Care Inc reported a deficit of $56K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $779K | $835K | $5K | $0 | — | View 990 |
| 2014 | $651K | $656K | $61K | $0 | — | View 990 |
| 2013 | $564K | $494K | $66K | $0 | — | View 990 |
| 2012 | $559K | $564K | $-4,208 | $0 | — | View 990 |
| 2011 | $456K | $522K | $456K | $456K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $779K, expenses of $835K, and assets of $5K (revenue +19.7% year-over-year).
- 2014: Revenue of $651K, expenses of $656K, and assets of $61K (revenue +15.4% year-over-year).
- 2013: Revenue of $564K, expenses of $494K, and assets of $66K (revenue +0.9% year-over-year).
- 2012: Revenue of $559K, expenses of $564K, and assets of $-4,208 (revenue +22.6% year-over-year).
- 2011: Revenue of $456K, expenses of $522K, and assets of $456K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loving Care Inc:
Data Sources and Methodology
This transparency report for Loving Care 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.