Lloyd A Richardson Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Lloyd A Richardson Foundation Inc is a 501(c)(3) organization based in Salisbury, Maryland, registered in 1958, with $37,061 in FY2024 revenue. CharityIndex grades it F.
Po Box 258, Salisbury, MD, 21803 EIN 52-6054610 Since 1958
Revenue (FY2024)
$37K
▼ 6.5% vs prior year
Expenses (FY2024)
$168K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Lloyd A Richardson 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 →
FFinancial health25% of the rating95 mo reserves · -352% 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 Lloyd A Richardson Foundation Inc: 95 mo reserves · -352% margin earns a F 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 Lloyd A Richardson 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 Lloyd A Richardson Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $31K (FY2020) to $37K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.3M
Operating margin
-352.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,061▼6.5% | $167,590▲29.2% | $1,327,621▼3.2% | $1,327,621▼3.2% | 990PF |
| 2023 | $39,629▲14.3% | $129,727▲38.4% | $1,371,508▼7.3% | $1,371,508▼7.3% | 990PF |
| 2022 | $34,660▼0.3% | $93,765▲74.2% | $1,479,930▼4.7% | $1,479,930▼4.7% | 990PF |
| 2021 | $34,748▲13.4% | $53,815▲22.6% | $1,553,294▲7.3% | $1,553,294▲7.3% | 990PF |
| 2020 | $30,650 | $43,895 | $1,447,323 | $1,447,323 | 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.
Frequently asked questions
- Is Lloyd A Richardson Foundation Inc a legitimate nonprofit?
- Yes. Lloyd A Richardson Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-6054610, based in Salisbury, Maryland. Donations are tax-deductible.
- What is Lloyd A Richardson Foundation Inc's EIN?
- Lloyd A Richardson Foundation Inc's Employer Identification Number (EIN) is 52-6054610.
- How much revenue does Lloyd A Richardson Foundation Inc report?
- Lloyd A Richardson Foundation Inc reported $37,061 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lloyd A Richardson Foundation Inc have?
- CharityIndex grades Lloyd A Richardson Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Lloyd A Richardson Foundation Inc (EIN 52-6054610) 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.