Louis & Helen Bloomberg Foundation
Only null% goes to programs Strong reserves Declining revenue
Louis & Helen Bloomberg Foundation is a 501(c)(3) organization based in Youngstown, Ohio, registered in 2010, with $37,902 in FY2024 revenue. CharityIndex grades it C+.
C/o Farmers Trust Co 42 Mcclurg R, Youngstown, OH, 44512 EIN 26-6668934 Since 2010
Revenue (FY2024)
$38K
▲ 248.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$34K
Net assets
$478K
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 Louis & Helen Bloomberg Foundation— 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 rating169 mo reserves · +10% 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 Louis & Helen Bloomberg Foundation: 169 mo reserves · +10% 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 Louis & Helen Bloomberg Foundation— 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 Louis & Helen Bloomberg Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- C/o Farmers Trust Co 42 Mcclurg R, Youngstown, OH, 44512
- City
- Youngstown
- State
- Ohio
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $48K (FY2013) to $38K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $478K
Operating margin
10.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$478K
Total liabilities
$0
Net assets
$478K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,902▲249% | $33,980▼2.7% | $478,168▲0.8% | $478,168▲0.8% | 990PF |
| 2023 | $10,864▼46.7% | $34,920▼11.1% | $474,242▼4.9% | $474,242▼4.9% | 990PF |
| 2022 | $20,386▼55.3% | $39,275▲11.8% | $498,892▼3.6% | $498,892▼3.6% | 990PF |
| 2021 | $45,649▲28.3% | $35,121▲1.2% | $517,784▲3.7% | $517,784▲3.7% | 990PF |
| 2020 | $35,573▲28.3% | $34,719▼2.4% | $499,259▼1.4% | $499,259▼1.4% | 990PF |
| 2019 | $27,731▼23.0% | $35,584▼1.0% | $506,409▼1.5% | $506,409▼1.5% | 990PF |
| 2018 | $36,021▲33.8% | $35,929▲7.1% | $514,251 | $514,251 | 990PF |
| 2017 | $26,925▲40.4% | $33,538▼2.5% | $514,220▼1.3% | $514,220▼1.3% | 990PF |
| 2016 | $19,183▼39.0% | $34,382▼6.0% | $520,836▼2.8% | $520,836▼2.8% | 990PF |
| 2015 | $31,448▼42.2% | $36,571▼18.8% | $536,029▼0.9% | $536,029▼0.9% | 990PF |
| 2014 | $54,391▲12.3% | $45,039▲30.9% | $541,126▲1.8% | $541,126▲1.8% | 990PF |
| 2013 | $48,419 | $34,414▼3.1% | $531,813▲2.7% | $531,813▲2.7% | 990PF |
| 2012 | — | $35,503▲4.1% | $517,806▲1.6% | $517,806▲1.6% | 990PF |
| 2011 | — | $34,116▲60.2% | $509,694▼0.6% | $509,694▼0.6% | 990PF |
| 2010 | — | $21,302 | $512,936 | $512,936 | 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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Frequently asked questions
- Is Louis & Helen Bloomberg Foundation a legitimate nonprofit?
- Yes. Louis & Helen Bloomberg Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-6668934, based in Youngstown, Ohio. Donations are tax-deductible.
- What is Louis & Helen Bloomberg Foundation's EIN?
- Louis & Helen Bloomberg Foundation's Employer Identification Number (EIN) is 26-6668934.
- How much revenue does Louis & Helen Bloomberg Foundation report?
- Louis & Helen Bloomberg Foundation reported $37,902 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Louis & Helen Bloomberg Foundation have?
- CharityIndex grades Louis & Helen Bloomberg Foundation C+, based on financial health (reserves and operating margin).
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Data for Louis & Helen Bloomberg Foundation (EIN 26-6668934) 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.