Robert And Patricia Ludlow Family Foundation
EIN: 411632656 · Worthington, MN
| Metric | Value |
|---|---|
| Total Revenue | $609K |
| Total Expenses | $30K |
| Net Assets | $737K |
Is Robert And Patricia Ludlow 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 Robert And Patricia Ludlow Family Foundation
Robert And Patricia Ludlow Family Foundation (EIN: 411632656) is a nonprofit organization based in Worthington, MN. The organization reported total revenue of $609K and total assets of $819K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert And Patricia Ludlow Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert And Patricia Ludlow Family Foundation is a small nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -333.2% | -39.6% | -13.2% |
| 2022 | -23.4% | -10.9% | -1.8% |
| 2020 | -114.6% | +5.8% | -6.6% |
| 2019 | +31.9% | +23.8% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robert And Patricia Ludlow 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 Robert And Patricia Ludlow 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Robert And Patricia Ludlow Family Foundation
Is Robert And Patricia Ludlow Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert And Patricia Ludlow Family Foundation (EIN: 411632656) insufficient data. 0 red flags identified, 0 strengths noted.
How does Robert And Patricia Ludlow Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Robert And Patricia Ludlow Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Robert And Patricia Ludlow Family Foundation tax-deductible?
Robert And Patricia Ludlow Family Foundation is registered as a tax-exempt nonprofit (EIN: 411632656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Robert And Patricia Ludlow Family Foundation located?
Robert And Patricia Ludlow Family Foundation is headquartered in Worthington, Minnesota and files with the IRS under EIN 411632656.
How many years of IRS 990 filings does Robert And Patricia Ludlow Family Foundation have?
Robert And Patricia Ludlow 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 $609K in total revenue.
Filing History
IRS 990 filing history for Robert And Patricia Ludlow Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert And Patricia Ludlow Family Foundation's revenue has declined by 153.1%, moving from $153K to $-81,425. Total assets decreased by 19.7% over the same period, from $918K to $737K. Total functional expenses fell by 18.1%, from $37K to $30K. The organization holds $1 in liabilities against $737K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $737K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-81,425 | $30K | $737K | $1 | — | View 990 |
| 2022 | $35K | $50K | $849K | $1 | — | View 990 |
| 2021 | $46K | $57K | $864K | $1 | — | View 990 |
| 2020 | $-8,501 | $53K | $874K | $1 | — | — |
| 2019 | $58K | $50K | $935K | $1 | — | View 990 |
| 2015 | $44K | $40K | $873K | $0 | — | View 990 |
| 2014 | $66K | $70K | $869K | $0 | — | View 990 |
| 2013 | $39K | $47K | $873K | $0 | — | View 990 |
| 2012 | $33K | $47K | $905K | $0 | — | View 990 |
| 2011 | $153K | $37K | $918K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-81,425, expenses of $30K, and assets of $737K (revenue -333.2% year-over-year).
- 2022: Revenue of $35K, expenses of $50K, and assets of $849K (revenue -23.4% year-over-year).
- 2021: Revenue of $46K, expenses of $57K, and assets of $864K.
- 2020: Revenue of $-8,501, expenses of $53K, and assets of $874K (revenue -114.6% year-over-year).
- 2019: Revenue of $58K, expenses of $50K, and assets of $935K (revenue +31.9% year-over-year).
- 2015: Revenue of $44K, expenses of $40K, and assets of $873K (revenue -32.6% year-over-year).
- 2014: Revenue of $66K, expenses of $70K, and assets of $869K (revenue +68.9% year-over-year).
- 2013: Revenue of $39K, expenses of $47K, and assets of $873K (revenue +17.4% year-over-year).
- 2012: Revenue of $33K, expenses of $47K, and assets of $905K (revenue -78.4% year-over-year).
- 2011: Revenue of $153K, expenses of $37K, and assets of $918K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert And Patricia Ludlow Family Foundation:
Data Sources and Methodology
This transparency report for Robert And Patricia Ludlow 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.