The Lloyd Foundation Inc

The Lloyd Foundation Inc operates with minimal assets and no executive compensation, consistently filing IRS 990s.

EIN: 203374019 · Erlanger, KY · NTEE: P20 · Updated: 2026-03-28

$18KRevenue

$100Assets

75/100Mission Score (Good)

P20

About The Lloyd Foundation Inc

The Lloyd Foundation Inc (EIN: 203374019) is a nonprofit organization based in Erlanger, KY, classified under NTEE code P20. The organization reported total revenue of $18K and total assets of $100 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lloyd Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Lloyd Foundation Inc appears to be a very small organization with limited financial activity. Its latest reported revenue in 2018 was $17,867, with expenses slightly exceeding this at $19,214, indicating a minor deficit. Over its filing history, revenue has fluctuated, with a high of $29,944 in 2011 and a low of $1,031 in 2013. The organization consistently reports very low assets, with the latest being only $100, suggesting it operates on a near cash-flow basis without significant reserves or endowments. Liabilities are consistently reported as $0, which is a positive indicator of financial stability in terms of debt.

Given the small scale, the organization's spending efficiency is difficult to fully assess without detailed expense breakdowns beyond what is typically available for such small entities. However, the consistent reporting of 0% officer compensation across all filings suggests that executive costs are not a drain on resources, which is a strong positive for efficiency. The lack of significant assets or complex financial structures simplifies its financial picture, making it relatively transparent in its basic operations. The consistent filing of IRS Form 990s demonstrates a commitment to regulatory compliance and transparency, despite its modest size.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Lloyd Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, The Lloyd Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly efficient for an organization of this size.

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 The Lloyd Foundation Inc's IRS 990 filings:

Consistent expenses exceeding revenue in multiple periods (e.g., 2018, 2017, 2015, 2013, 2012, 2011) could indicate reliance on prior year surpluses or other funding not captured as revenue, or a pattern of operating at a deficit.
Extremely low asset base ($100 in 2018) suggests minimal financial cushion for unexpected events or future growth.

Strengths

The following positive indicators were identified for The Lloyd Foundation Inc:

Consistent 0% officer compensation across all filings, indicating high efficiency in executive costs.
Consistent reporting of $0 liabilities, suggesting no outstanding debt.
Regular and consistent filing of IRS Form 990s, demonstrating good transparency and compliance.
Operates on a very lean model with minimal overhead, as evidenced by low assets and no executive pay.

Frequently Asked Questions about The Lloyd Foundation Inc

Is The Lloyd Foundation Inc a good charity?

Based on the available data, The Lloyd Foundation Inc demonstrates good financial practices in terms of transparency (consistent 990 filings) and efficiency (0% officer compensation). Its small size and minimal assets mean it operates on a very lean model. Without detailed program outcome data, it's challenging to fully assess its impact, but its financial health appears stable for its scale.

What is the trend in The Lloyd Foundation Inc's revenue?

The Lloyd Foundation Inc's revenue has fluctuated over the years, ranging from a low of $1,031 in 2013 to a high of $29,944 in 2011. The latest reported revenue in 2018 was $17,867, showing no clear upward or downward trend but rather variability.

Does The Lloyd Foundation Inc have significant financial reserves?

No, The Lloyd Foundation Inc does not appear to have significant financial reserves. Its assets have consistently been very low, with the latest reported value being only $100 in 2018, and never exceeding $8,435 in its filing history.

Filing History

IRS 990 filing history for The Lloyd Foundation Inc showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2018), The Lloyd Foundation Inc's revenue has declined by 40.3%, moving from $30K to $18K. Total assets decreased by 98.8% over the same period, from $8K to $100. Total functional expenses fell by 49.9%, from $38K to $19K. In its most recent filing year (2018), The Lloyd Foundation Inc reported a deficit of $1K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2018	$18K	$19K	$100	$0	—	View 990
2017	$23K	$23K	$1	$0	—	View 990
2016	$16K	$15K	$2K	$0	—	View 990
2015	$11K	$12K	$1	$0	—	View 990
2014	$9K	$8K	$2K	$0	—	View 990
2013	$1K	$7K	$1K	$0	—	View 990
2012	$10K	$11K	$8K	$0	—	View 990
2011	$30K	$38K	$8K	$0	—	View 990

Year-by-Year Financial Summary

2018: Revenue of $18K, expenses of $19K, and assets of $100 (revenue -21.4% year-over-year).
2017: Revenue of $23K, expenses of $23K, and assets of $1 (revenue +45.3% year-over-year).
2016: Revenue of $16K, expenses of $15K, and assets of $2K (revenue +45.4% year-over-year).
2015: Revenue of $11K, expenses of $12K, and assets of $1 (revenue +17.0% year-over-year).
2014: Revenue of $9K, expenses of $8K, and assets of $2K (revenue +792.2% year-over-year).
2013: Revenue of $1K, expenses of $7K, and assets of $1K (revenue -89.8% year-over-year).
2012: Revenue of $10K, expenses of $11K, and assets of $8K (revenue -66.4% year-over-year).
2011: Revenue of $30K, expenses of $38K, and assets of $8K.

Data Sources and Methodology

This transparency report for The Lloyd 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.