Lomenta Foundation Inc
Nonprofit profile at a glance
- EIN
- 461851459
- IRS 990-EZ coverage
- 2013–2014
- Forms available
- Form 990-EZ 2014
- Location
- Prospect, KY, USA
- Phone
- 5022922351
- Rating confidence
- Limited
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $-1,036
- Expenses
- $0
- Assets
- $1,299
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- DAWN MARIE YANKEELOV (CHAIRPERSON)
- LARRY SHAPIN (DIRECTOR)
- DR PAM A YANKEELOV (DIRECTOR, SECRETARY)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the lomenta foundation is to fund and empower activities that support growth and expansion of individuals being trained at higher academic institutions in the arts, or already working in arts communities, expressing or exploring issues, genres, and thought-provoking ideas.
What it reported doing in 2014
The lomenta foundation held an event, oct. 25, 2014, called "vida nueva," under the artistic direction of pastora guttierez reyes, exhibiting world class artwork to cultivate louisville/oaxaca, us/mexico relations and open the door for other global artist to come to louisville. The lomenta foundation also did a public exhibition of its namesake's artwork at the bernheim connect event late august 2014
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 12
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -100%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: -57% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2013 to 2014
- 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 — Growth: Asset growth scored 0/100.
- High — Sustainability: Operating margin scored 7/100.