Luckow Family Foundation Inc
EIN: 223479153 · Lake Success, NY · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $9.6M |
| Total Expenses | $820K |
| Net Assets | $9.6M |
Is Luckow Family 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 Luckow Family Foundation Inc
Luckow Family Foundation Inc (EIN: 223479153) is a nonprofit organization based in Lake Success, NY, classified under NTEE code T20Z. The organization reported total revenue of $9.6M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Luckow Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Luckow Family Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 23.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $820K |
| Surplus / Deficit | +$3.8M |
| Total Assets | $9.6M |
| Total Liabilities | $1 |
| Net Assets | $9.6M |
| Operating Margin | 82.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 140.5 months |
Financial Health Grade: A
In 2024, Luckow Family Foundation Inc reported a surplus of $3.8M with revenue exceeding expenses, holds 140.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Luckow Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4163.0% | -43.0% | +65.5% |
| 2023 | -5.8% | -6.7% | -18.6% |
| 2022 | -77.7% | -5.1% | -16.7% |
| 2021 | -88.5% | +87.3% | -11.4% |
| 2020 | +1281.9% | -41.0% | +77.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Luckow Family 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 Luckow Family 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Luckow Family Foundation Inc
Is Luckow Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Luckow Family Foundation Inc (EIN: 223479153) insufficient data. 0 red flags identified, 0 strengths noted.
How does Luckow Family Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Luckow Family Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Luckow Family Foundation Inc tax-deductible?
Luckow Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223479153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Luckow Family Foundation Inc located?
Luckow Family Foundation Inc is headquartered in Lake Success, New York and files with the IRS under EIN 223479153. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Luckow Family Foundation Inc have?
Luckow Family Foundation Inc 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 $9.6M in total revenue.
Filing History
IRS 990 filing history for Luckow Family Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Luckow Family Foundation Inc's revenue has grown by 1447.8%, moving from $300K to $4.6M. Total assets increased by 27.5% over the same period, from $7.5M to $9.6M. Total functional expenses rose by 100.3%, from $409K to $820K. In its most recent filing year (2024), Luckow Family Foundation Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.6M | $820K | $9.6M | $1 | — | View 990 |
| 2023 | $109K | $1.4M | $5.8M | $1 | — | View 990 |
| 2022 | $116K | $1.5M | $7.1M | $1 | — | View 990 |
| 2021 | $519K | $1.6M | $8.6M | $1 | — | View 990 |
| 2020 | $4.5M | $867K | $9.7M | $1 | — | View 990 |
| 2016 | $326K | $1.5M | $5.4M | $1 | — | View 990 |
| 2015 | $1.3M | $1.5M | $6.6M | $0 | — | View 990 |
| 2014 | $387K | $1.7M | $6.7M | $0 | — | View 990 |
| 2013 | $2.4M | $942K | $7.9M | $0 | — | View 990 |
| 2012 | $408K | $1.6M | $6.4M | $0 | — | View 990 |
| 2011 | $300K | $409K | $7.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.6M, expenses of $820K, and assets of $9.6M (revenue +4163.0% year-over-year).
- 2023: Revenue of $109K, expenses of $1.4M, and assets of $5.8M (revenue -5.8% year-over-year).
- 2022: Revenue of $116K, expenses of $1.5M, and assets of $7.1M (revenue -77.7% year-over-year).
- 2021: Revenue of $519K, expenses of $1.6M, and assets of $8.6M (revenue -88.5% year-over-year).
- 2020: Revenue of $4.5M, expenses of $867K, and assets of $9.7M (revenue +1281.9% year-over-year).
- 2016: Revenue of $326K, expenses of $1.5M, and assets of $5.4M (revenue -74.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.5M, and assets of $6.6M (revenue +233.7% year-over-year).
- 2014: Revenue of $387K, expenses of $1.7M, and assets of $6.7M (revenue -83.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $942K, and assets of $7.9M (revenue +477.0% year-over-year).
- 2012: Revenue of $408K, expenses of $1.6M, and assets of $6.4M (revenue +36.1% year-over-year).
- 2011: Revenue of $300K, expenses of $409K, and assets of $7.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Luckow Family Foundation Inc:
Data Sources and Methodology
This transparency report for Luckow Family 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.