Loving Work Foundation
Nonprofit profile at a glance
- EIN
- 463885244
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Charleston, SC, USA
- Phone
- 8433246008
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $135,960
- Expenses
- $110,394
- Assets
- $46,625
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- LYNNE KAUFMAN (PRESIDENT)
- JEFF NIELSEN (VICE PRESIDENT)
People named in this filing
- LYNNE KAUFMAN (PRESIDENT)
- JEFF NIELSEN (VICE PRESIDENT)
- HEATHER YOUNG (SECRETARY/TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The loving work foundation was founded as a means to inspire personal interest in the cultural vibrancy, the spiritual practices, and every day lives of the people of viet nam. We do this by supporting humanitarian programs that improve the lives of disadvantaged vietnamese children and families, and by organizing and leading mindfulness retreats within the country, providing friends around the world the opportunity to practice together in the spirit of global community-building and engaged service.
What it reported doing in 2024
Joyfully together loving work retreats in viet nam: these retreats focus on community-building through mindful work with, and visits to, local nonprofit organizations in central viet nam. One or two work projects are selected each year by the director of the foundation, in collaboration with our local non-profit partners, following an exploration with the directors of these projects about what is needed and what is achievable
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 71% 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. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78%; rating input score 78
- Program expense ratio: 96.1%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.8%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 15% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 78% of revenue deployed · 96.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $106K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.