Frank E & Miriam Loveman Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Frank E & Miriam Loveman Foundation Inc is a 501(c)(3) organization based in Owings Mills, Maryland, registered in 2013, with $710,228 in FY2024 revenue. CharityIndex grades it C+.
10451 Mill Run Cir Ste 800, Owings Mills, MD, 21117 EIN 46-1662450 Since 2013
Revenue (FY2024)
$710K
▲ 360.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$551K
Net assets
$9.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Frank E & Miriam Loveman Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating210 mo reserves · +22% margin
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 Frank E & Miriam Loveman Foundation Inc: 210 mo reserves · +22% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Frank E & Miriam Loveman Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Frank E & Miriam Loveman Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10451 Mill Run Cir Ste 800, Owings Mills, MD, 21117
- City
- Owings Mills
- State
- Maryland
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $9.1M (FY2013) to $710K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9.6M
Operating margin
22.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.6M
Total liabilities
$0
Net assets
$9.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $710,228▲360% | $550,814▲1.2% | $9,644,814▲1.7% | $9,644,814▲1.7% | 990PF |
| 2023 | $154,354▼34.4% | $544,022▼17.9% | $9,485,400▼3.9% | $9,485,400▼3.9% | 990PF |
| 2022 | $235,238▼94.4% | $662,844▲24.7% | $9,875,068▼4.2% | $9,875,068▼4.2% | 990PF |
| 2021 | $4,186,488▲4835% | $531,686▲5.7% | $10,302,674▲55.0% | $10,302,674▲55.0% | 990PF |
| 2020 | $84,833▲535% | $503,094▲1.9% | $6,647,872▼5.9% | $6,647,872▼5.9% | 990PF |
| 2019 | -$19,518▼108% | $493,619▼2.6% | $7,066,133▼6.8% | $7,066,133▼6.8% | 990PF |
| 2018 | $249,660▲1.6% | $506,943▼4.8% | $7,579,270▼3.3% | $7,579,270▼3.3% | 990PF |
| 2017 | $245,822▲47.8% | $532,264▼3.7% | $7,836,553▼3.5% | $7,838,424▼3.5% | 990PF |
| 2016 | $166,354▼46.0% | $552,878▼0.2% | $8,122,995▼4.5% | $8,124,867▼4.5% | 990PF |
| 2015 | $307,959▲124% | $553,830▲46.2% | $8,509,519▼2.8% | $8,511,393▼2.8% | 990PF |
| 2014 | $137,500▼98.5% | $378,821▲585% | $8,755,390▼2.7% | $8,757,268▼2.7% | 990PF |
| 2013 | $9,052,037 | $55,326 | $8,996,711 | $8,998,252 | 990PF |
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.
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Compare Frank E & Miriam Loveman Foundation Inc
Frequently asked questions
- Is Frank E & Miriam Loveman Foundation Inc a legitimate nonprofit?
- Yes. Frank E & Miriam Loveman Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-1662450, based in Owings Mills, Maryland. Donations are tax-deductible.
- What is Frank E & Miriam Loveman Foundation Inc's EIN?
- Frank E & Miriam Loveman Foundation Inc's Employer Identification Number (EIN) is 46-1662450.
- How much revenue does Frank E & Miriam Loveman Foundation Inc report?
- Frank E & Miriam Loveman Foundation Inc reported $710,228 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank E & Miriam Loveman Foundation Inc have?
- CharityIndex grades Frank E & Miriam Loveman Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Frank E & Miriam Loveman Foundation Inc (EIN 46-1662450) 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.