Load Zero Foundation Inc
Nonprofit profile at a glance
- EIN
- 462389662
- IRS 990-EZ coverage
- 2015–2019
- Forms available
- Form 990-EZ 2019
- Location
- White Plains, NY, USA
- Phone
- 9147252864
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- AIDS
Reported finances
- Revenue
- $34,055
- Expenses
- $32,555
- Assets
- $1,500
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Anthony Kuhn (Executive Director)
People named in this filing
- Anthony Kuhn (Executive Director)
- Lois Swartzell (Secretary & Board Member)
- Roxanne Bazzini (Treasurer & Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To deliver diagnostics and therapeutics for detection, treatment and prevention of infectious diseases in resource-limited settings (Africa, Haiti and Asia). The Foundation's board voted to close operations in September 2017 and filed a Certificate of Dissolution with the New York State Office of the Attorney General on October 11, 2017.
What it reported doing in 2019
See Schedule O, Statement 1
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 42
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.4%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -100% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 82.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -70.2% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2015 to 2019
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.