George C Loveland Testamentory Trust is a 501(c)(3) organization based in Dixon, Illinois, registered in 1953, with $177,110 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$177K
▲ 177.3% vs prior year
Expenses (FY2023)
$181K
Net assets
$3.3M
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 George C Loveland Testamentory Trust— 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 George C Loveland Testamentory Trust: 221 mo reserves · -2% margin earns a B+ 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 George C Loveland Testamentory Trust— 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 George C Loveland Testamentory Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $486K (FY2019) to $177K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-2.1%
Spent more than it raised in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$0
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $177,110▲177% | $180,757▼2.2% | $3,323,870▼0.1% | $3,323,870▼0.1% | 990PF |
| 2022 | -$229,070▼145% | $184,867▲21.4% | $3,327,517▼11.1% | $3,327,517▼11.4% | 990PF |
| 2021 | $504,691▲170% | $152,286▲6.4% | $3,741,454▲10.4% | $3,754,018▲10.7% | 990PF |
| 2020 | $186,844▼61.6% | $143,172▼15.2% | $3,389,049▲1.3% | $3,390,242▲1.3% | 990PF |
| 2019 | $485,954 | $168,885 | $3,345,377 | $3,346,710 | 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.
Explore more
Data for George C Loveland Testamentory Trust (EIN 36-1381197) 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.