Niels A Lundgard and Ruth Lungard Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Niels A Lundgard and Ruth Lungard Foundation is a 501(c)(3) organization based in Cincinnati, Ohio, registered in 1991, with $429,425 in FY2024 revenue. CharityIndex grades it C+.
Po Box 630858, Cincinnati, OH, 45263 EIN 31-6375418 Since 1991
Revenue (FY2024)
$429K
▲ 17.7% vs prior year
Expenses (FY2024)
$381K
Net assets
$5.4M
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 Niels A Lundgard and Ruth Lungard 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 · +11% 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 Niels A Lundgard and Ruth Lungard Foundation: 169 mo reserves · +11% 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 Niels A Lundgard and Ruth Lungard 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 Niels A Lundgard and Ruth Lungard Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 630858, Cincinnati, OH, 45263
- City
- Cincinnati
- State
- Ohio
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $1.9M (FY2019) to $429K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.4M
Operating margin
11.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$0
Net assets
$5.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $429,425▲17.7% | $381,487▲1.5% | $5,362,210▲0.9% | $5,362,210▲0.9% | 990PF |
| 2023 | $364,786▲361% | $375,967▼0.6% | $5,314,069 | $5,314,069 | 990PF |
| 2022 | $79,105▼86.3% | $378,074▲54.4% | $5,312,895▼5.4% | $5,312,895▼5.4% | 990PF |
| 2021 | $576,588▲87.6% | $244,842▼47.7% | $5,613,252▲7.7% | $5,613,252▲7.7% | 990PF |
| 2020 | $307,318▼84.1% | $467,759▲48.7% | $5,211,631▼3.8% | $5,211,631▼3.8% | 990PF |
| 2019 | $1,930,805 | $314,503 | $5,415,625 | $5,415,625 | 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 Niels A Lundgard and Ruth Lungard Foundation a legitimate nonprofit?
- Yes. Niels A Lundgard and Ruth Lungard Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-6375418, based in Cincinnati, Ohio. Donations are tax-deductible.
- What is Niels A Lundgard and Ruth Lungard Foundation's EIN?
- Niels A Lundgard and Ruth Lungard Foundation's Employer Identification Number (EIN) is 31-6375418.
- How much revenue does Niels A Lundgard and Ruth Lungard Foundation report?
- Niels A Lundgard and Ruth Lungard Foundation reported $429,425 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Niels A Lundgard and Ruth Lungard Foundation have?
- CharityIndex grades Niels A Lundgard and Ruth Lungard Foundation C+, based on financial health (reserves and operating margin).
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Data for Niels A Lundgard and Ruth Lungard Foundation (EIN 31-6375418) 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.