Louma G Private Foundation is a 501(c)(3) organization based in Los Angeles, California, registered in 2018, with $4,146 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$4,146
▼ 99.5% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$807K
Net assets
$2.5M
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 Louma G Private 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 Louma G Private Foundation: 37 mo reserves · -19370% margin earns a F 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 Louma G Private 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 Louma G Private Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2017) to $4,146 (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-19369.7%
Spent more than it raised in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$995K
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,146▼99.5% | $807,214▲112% | $2,471,125▼24.5% | $3,466,149▼21.2% | 990 |
| 2023 | $900,249▲9799% | $380,357▼5.2% | $3,274,193▲18.9% | $4,399,085▲26.6% | 990 |
| 2022 | $9,094▼99.5% | $401,044▲537% | $2,754,301▼12.5% | $3,474,301▼32.9% | 990 |
| 2021 | $1,750,000▲193698% | $62,922▼86.9% | $3,146,251▲116% | $5,178,986▲51.0% | 990 |
| 2020 | $903▲646% | $481,974▲196% | $1,459,173▼24.8% | $3,429,136 | 990 |
| 2019 | $121 | $162,588▲192% | $1,940,244▼7.7% | $3,428,233▲0.1% | 990 |
| 2018 | $0 | $55,757▼95.6% | $2,102,711▼2.6% | $3,423,200 | 990 |
| 2017 | $0 | $1,256,720 | $2,158,468 | $3,423,200 | 990 |
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.
3 grants to Louma G Private Foundation totaling $4.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $900,000 |
| The Chicago Community Trust | General operating support | 2021 | $1,750,000 |
| The Chicago Community Trust | General operating support | 2021 | $1,750,000 |
Explore more
Data for Louma G Private Foundation (EIN 81-4820581) 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.