Foundation 4 Love Inc is a 501(c)(3) organization based in Saco, Maine, registered in 2016, with $11,565 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$12K
▼ 85.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$85K
Net assets
$6,983
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Foundation 4 Love Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Foundation 4 Love Inc: 1 mo reserves · -636% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Foundation 4 Love Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Foundation 4 Love Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $61K (FY2019) to $12K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-636.2%
Spent more than it raised in the latest fiscal year.
Total assets
$6,983
Total liabilities
$0
Net assets
$6,983
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,565▼85.4% | $85,137▼22.2% | $6,983▼91.3% | $6,983▼91.3% | 990EZ |
| 2023 | $79,192▼27.8% | $109,491▲63.9% | $80,555▼27.3% | $80,555▼27.3% | 990EZ |
| 2022 | $109,609▲159% | $66,805▲170% | $110,854▲62.9% | $110,854▲62.9% | 990EZ |
| 2021 | $42,358▼17.3% | $24,748▼6.4% | $68,050▲34.9% | $68,050▲34.9% | 990EZ |
| 2020 | $51,218▼16.4% | $26,435▼39.3% | $50,440▲96.6% | $50,440▲96.6% | 990EZ |
| 2019 | $61,268 | $43,575 | $25,657 | $25,657 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Foundation 4 Love Inc totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $13,000 |
| Maine Community Foundation Inc | Health support | 2017 | $5,000 |
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Data for Foundation 4 Love Inc (EIN 81-4773479) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.