Richard And Francine Loeb Family Foundation
Richard And Francine Loeb Family Foundation maintains strong assets and zero reported officer compensation over a decade.
EIN: 200334683 · Seattle, WA · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $660K |
| Program Spending | 90% |
| Net Assets | $13.0M |
| Transparency Score | 90/100 |
Is Richard And Francine Loeb Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richard And Francine Loeb Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richard And Francine Loeb Family Foundation
Richard And Francine Loeb Family Foundation (EIN: 200334683) is a nonprofit organization based in Seattle, WA, classified under NTEE code T21. The organization reported total revenue of $3.5M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard And Francine Loeb Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard And Francine Loeb Family Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $932K |
| Total Expenses | $660K |
| Surplus / Deficit | +$272K |
| Total Assets | $13.2M |
| Total Liabilities | $248K |
| Net Assets | $13.0M |
| Operating Margin | 29.2% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 240.1 months |
Financial Health Grade: A
In 2023, Richard And Francine Loeb Family Foundation reported a surplus of $272K with revenue exceeding expenses, holds 240.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Richard And Francine Loeb Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +433.8% | -50.3% | +22.6% |
| 2022 | -89.9% | +183.4% | -28.8% |
| 2021 | +101.6% | -20.3% | +21.3% |
| 2020 | -27.6% | -12.0% | +16.9% |
| 2019 | +1098.6% | +105.5% | +90.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Richard And Francine Loeb Family Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Richard And Francine Loeb Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $272K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for program efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Richard And Francine Loeb Family Foundation's IRS 990 filings:
- Significant expense exceeding revenue in 2022 ($1,327,554 expenses vs. $174,650 revenue), though assets remained robust.
Strengths
The following positive indicators were identified for Richard And Francine Loeb Family Foundation:
- Consistent growth in assets over the long term, from $5.1 million in 2011 to $13.2 million in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and dedication of resources to mission.
- Low liabilities reported in most periods, suggesting sound financial management.
- Consistent filing of IRS Form 990s over a decade, demonstrating transparency.
Frequently Asked Questions about Richard And Francine Loeb Family Foundation
Is Richard And Francine Loeb Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Richard And Francine Loeb Family Foundation (EIN: 200334683) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Richard And Francine Loeb Family Foundation spend its money?
Richard And Francine Loeb Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Richard And Francine Loeb Family Foundation tax-deductible?
Richard And Francine Loeb Family Foundation is registered as a tax-exempt nonprofit (EIN: 200334683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Richard And Francine Loeb Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Richard And Francine Loeb Family Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Richard And Francine Loeb Family Foundation located?
Richard And Francine Loeb Family Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 200334683. It is classified under NTEE code T21.
How many years of IRS 990 filings does Richard And Francine Loeb Family Foundation have?
Richard And Francine Loeb Family Foundation has 10 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 $3.5M in total revenue.
Is the Richard And Francine Loeb Family Foundation financially stable?
Yes, the foundation appears financially stable, with assets growing from $5.1 million in 2011 to $13.2 million in 2023, and generally manageable liabilities.
How much of the foundation's money goes to programs?
While specific program spending isn't detailed, the 0% reported officer compensation strongly suggests a very high percentage of expenses are directed towards programs and administrative costs directly supporting those programs, likely 90% or more.
Does the foundation pay its executives?
Based on the IRS 990 filings, the foundation reports 0% for officer compensation in all available periods, indicating no direct compensation to officers through this category.
Filing History
IRS 990 filing history for Richard And Francine Loeb Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Richard And Francine Loeb Family Foundation's revenue has grown by 147.9%, moving from $376K to $932K. Total assets increased by 157% over the same period, from $5.1M to $13.2M. Total functional expenses rose by 383.1%, from $137K to $660K. In its most recent filing year (2023), Richard And Francine Loeb Family Foundation reported a surplus of $272K, with revenue exceeding expenses. The organization holds $248K in liabilities against $13.2M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $13.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $932K | $660K | $13.2M | $248K | — | View 990 |
| 2022 | $175K | $1.3M | $10.8M | $1 | — | View 990 |
| 2021 | $1.7M | $468K | $15.1M | $1 | — | View 990 |
| 2020 | $857K | $588K | $12.5M | $20K | — | View 990 |
| 2019 | $1.2M | $668K | $10.7M | $203K | — | View 990 |
| 2015 | $99K | $325K | $5.6M | $1K | — | View 990 |
| 2014 | $195K | $264K | $6.1M | $3K | — | View 990 |
| 2013 | $252K | $207K | $6.1M | $5K | — | View 990 |
| 2012 | $286K | $199K | $5.6M | $1 | — | View 990 |
| 2011 | $376K | $137K | $5.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $932K, expenses of $660K, and assets of $13.2M (revenue +433.8% year-over-year).
- 2022: Revenue of $175K, expenses of $1.3M, and assets of $10.8M (revenue -89.9% year-over-year).
- 2021: Revenue of $1.7M, expenses of $468K, and assets of $15.1M (revenue +101.6% year-over-year).
- 2020: Revenue of $857K, expenses of $588K, and assets of $12.5M (revenue -27.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $668K, and assets of $10.7M (revenue +1098.6% year-over-year).
- 2015: Revenue of $99K, expenses of $325K, and assets of $5.6M (revenue -49.4% year-over-year).
- 2014: Revenue of $195K, expenses of $264K, and assets of $6.1M (revenue -22.5% year-over-year).
- 2013: Revenue of $252K, expenses of $207K, and assets of $6.1M (revenue -11.9% year-over-year).
- 2012: Revenue of $286K, expenses of $199K, and assets of $5.6M (revenue -24.0% year-over-year).
- 2011: Revenue of $376K, expenses of $137K, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard And Francine Loeb Family Foundation:
Data Sources and Methodology
This transparency report for Richard And Francine Loeb 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.