Loveless Park Committee Foundation U/a
Nonprofit profile at a glance
- EIN
- 376319276
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- Alton, IL, USA
- Phone
- 6184655656
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,217
- Expenses
- $3,995
- Assets
- $105,501
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- CHRIS SCHMIDT (PRESIDENT)
People named in this filing
- HEARTLAND BANK AND TRUST COMPANY (TRUSTEE)
- CHRIS SCHMIDT (PRESIDENT)
- BRENT A CAIN (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote, recieve, hold and invest contributions, gifts, bequests for the support of loveless park on behalf of the city of carlinville and the carlinville illiniois park dsistrict.
What it reported doing in 2025
Provide support for the maintenance of lovelace park of the carlinville Illinois park district.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.2%; rating input score 92
- Program expense ratio: 88.1%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -24.2%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 26.41; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: -56.4% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -1.5% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: 92.2% of revenue deployed · 88.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- 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 — Sustainability: Operating margin scored 20/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.