Thomas & Heather Ludlow Family Foundation is a 501(c)(3) organization based in Folsom, California, registered in 2009, with $16,576 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$17K
▼ 7.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$21K
Net assets
$125K
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 Thomas & Heather Ludlow Family 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 Thomas & Heather Ludlow Family Foundation: 72 mo reserves · -26% margin earns a D 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 Thomas & Heather Ludlow Family 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 Thomas & Heather Ludlow Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5,557 (FY2014) to $17K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-26.4%
Spent more than it raised in the latest fiscal year.
Total assets
$161K
Total liabilities
$36K
Net assets
$125K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,576▼7.5% | $20,951▲53.3% | $125,330▼3.4% | $161,397▼5.4% | 990PF |
| 2023 | $17,929▼88.1% | $13,663▼53.8% | $129,705▼42.5% | $170,623▼34.6% | 990PF |
| 2022 | $151,213▲120% | $29,557▲167% | $225,439▲117% | $260,776▲135% | 990PF |
| 2021 | $68,618▲635% | $11,090▲80.0% | $103,783▲124% | $110,997▲109% | 990PF |
| 2020 | -$12,837▼2825% | $6,162▼53.7% | $46,255▼29.1% | $53,142▼22.1% | 990PF |
| 2019 | $471▲86.2% | $13,322▲3072% | $65,254▼16.5% | $68,205▼16.5% | 990PF |
| 2018 | $253▲102% | $420▼98.4% | $78,105▼0.2% | $81,644▼0.6% | 990PF |
| 2017 | -$13,753▼347% | $26,824▲1202% | $78,272▼25.8% | $82,156▼22.1% | 990PF |
| 2014 | $5,557 | $2,060 | $105,490 | $105,490 | 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 Thomas & Heather Ludlow Family Foundation (EIN 26-3110098) 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.