Lloyd K Johnson Foundation is a 501(c)(3) organization based in Duluth, Minnesota, registered in 1976, with $2,589,933 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.6M
▲ 59.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.8M
Net assets
$31.0M
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 Lloyd K Johnson Foundation— 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 Lloyd K Johnson Foundation: 205 mo reserves · +30% 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 Lloyd K Johnson Foundation— 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 Lloyd K Johnson Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $742K (FY2013) to $2.6M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
29.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$31.0M
Total liabilities
$19K
Net assets
$31.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,589,933▲59.0% | $1,816,651▲4.0% | $31,020,759▲11.9% | $31,039,493▲12.0% | 990PF |
| 2023 | $1,629,230▼25.0% | $1,746,652▼8.2% | $27,710,160▲10.4% | $27,710,160▲9.7% | 990PF |
| 2022 | $2,171,338▼28.3% | $1,903,166▲16.8% | $25,090,469▼24.7% | $25,255,307▼24.9% | 990PF |
| 2021 | $3,026,919▲129% | $1,628,922▲15.4% | $33,330,301▲9.7% | $33,611,867▲9.9% | 990PF |
| 2020 | $1,324,012▲31.7% | $1,411,057▼4.7% | $30,392,001▲10.1% | $30,573,834▲10.7% | 990PF |
| 2019 | $1,005,639▼43.8% | $1,480,854▼1.8% | $27,603,814▲13.6% | $27,610,613▲13.5% | 990PF |
| 2018 | $1,788,572▲22.1% | $1,507,746▲0.6% | $24,304,495▼8.5% | $24,321,027▼8.5% | 990PF |
| 2017 | $1,464,481▲71.4% | $1,499,282▲16.6% | $26,549,501▲8.0% | $26,566,642▲7.7% | 990PF |
| 2016 | $854,242▼77.1% | $1,286,236▼1.8% | $24,574,163▲1.9% | $24,667,171▲2.2% | 990PF |
| 2015 | $3,724,362▲147% | $1,309,793▲8.0% | $24,116,824▲7.4% | $24,133,812▲7.3% | 990PF |
| 2014 | $1,509,432▲103% | $1,212,695▲9.8% | $22,447,553▲1.3% | $22,482,559▲1.4% | 990PF |
| 2013 | $741,965 | $1,104,231▲1.8% | $22,166,755▲11.2% | $22,175,378▲10.9% | 990PF |
| 2012 | — | $1,084,923 | $19,938,984 | $19,999,830 | 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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Data for Lloyd K Johnson Foundation (EIN 51-0180842) 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.