For Love of Children

Nonprofit profile at a glance

EIN
526064548
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2024628686
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$2,240,573
Expenses
$1,520,260
Assets
$4,118,089
Liabilities
$422,721

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • LATOYA CLARK (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LATOYA CLARK (EXECUTIVE DIRECTOR): $148,806 total reported compensation
  • TRYNITA ROMEO (DIRECTOR OF STRATEGIC PARTNERSHIPS): $126,594 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide educational services beyond the classroom to help students succeed from first grade through college and career. We bring together students, volunteers, families, and community partners in proven programs that teach, empower and transform.

What it reported doing in 2024

See schedule oduring fy25, floc served 257 students across its neighborhood tutoring program, fred taylor scholarship program, and city leaders college coaching program, providing academic and postsecondary support designed to help students achieve success in school, college, and beyond. One hundred percent of floc high school seniors enrolled in our programs graduated from high school on time, and 100% of those graduates enrolled in a four-year college or university. Floc also achieved strong academic outcomes through its intensive tutoring model. Among students who completed at least 56 hours of reading instruction, 100% improved their reading proficiency: 20% reached grade-level proficiency, 20% advanced a full grade level, and 60% improved by at least half a grade level. Similarly, 100% of students who completed at least 56 hours of math instruction improved their math proficiency: 12% fully closed their equivalency gap and reached grade-level proficiency, 28% advanced a full grade level, and 60% improved by at least half a grade level. During the summer, floc provided continued academic instruction and enrichment designed to combat summer learning loss, reinforce skills developed during the school year, and prepare students to enter the next academic year ready to learn. Through sustained academic engagement in reading and math, students had opportunities to strengthen foundational skills, maintain learning momentum, and build confidence before returning to school. Across its programs, floc remained focused on measurable academic growth while helping students successfully transition from elementary and secondary education to college and future opportunities.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 69
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.3%; rating input score 52
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: $18.41 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 32.1%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 2.71; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 18.1%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -6.2% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -0.2% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 52.3% of revenue deployed · 75% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $149K · 11 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.