Love Bus
Legal name: Lucy's Love Bus Charitable Trust Inc
Nonprofit profile at a glance
- EIN
- 204036256
- IRS 990 coverage
- 2013–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2012
- Location
- Amesbury, MA, USA
- Phone
- (978) 430-9841
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $784,445
- Expenses
- $805,236
- Assets
- $929,539
- Liabilities
- $127,788
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- JACQUELINE WALKER (EXECUTIVE DI): $94,846 total reported compensation
- ANN BIESE (DIRECTOR): $9,560 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Together, we bring comfort to children with cancer and their families.
What it reported doing in 2024
Provision of integrative therapies to children coping with cancer or the late effects of cancer treatment.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62%; rating input score 62
- Program expense ratio: 60.7%; rating input score 61
- Fundraising efficiency: $4.59 raised per $1 spent on fundraising; rating input score 16; 16th 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; 76th 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.7%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 13%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 9.3% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 12.7% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 78th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 62% of revenue deployed · 60.7% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $489K in reported program spending
- Leadership: top reported pay $95K · 12 people listed
- Consistency: 36 of 36 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- High — Financial Efficiency: Fundraising efficiency scored 16/100.
- High — Sustainability: Operating margin scored 29/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.