Ludovic James Foundation
Nonprofit profile at a glance
- EIN
- 933061074
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2025
- Location
- Boca Raton, FL, USA
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $55,472
- Expenses
- $51,669
- Assets
- $60,772
- Liabilities
- $4,715
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- JOHNATHAN RAINEAU (CHAIR)
- WILLIAM RIDDICK (VICE CHAIR)
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
The lubovic james foundation, inc's mission is to empower underserved children by providing them with educational opportunities to achieve their academic and career aspirations.
What it reported doing in 2025
The lubovic james foundation, inc's mission is to empower underserved children and young adults by providing them with educational opportunities to achieve their academic and career aspirations. To expand our reach, we support other nonprofits who share our values. We use our network of hotels, resorts, restaurants and other strategic partners in the service industry to provide unique auction items at cost or often donated. Organization core values the lubovic james foundation, inc.'s values are based upon the following: "accessibility: we believe that every nonprofit should have equal opportunity to fundraise. "empowerment: we strive to empower nonprofits to achieve their mission by providing them with the resources they need to hold successful charity auctions. "community: we value the importance of a supportive community, and aim to invest in and expand our impact within the communities we serve. "diversity and inclusion: we are committed to inclusivity and diversity, recognizing the importance of different perspectives, experiences, and backgrounds. "transparency: we believe in transparency and accountability, ensuring that our organization operates with honesty and integrity. "education: we believe that education is the key to breaking the cycle of poverty and that by investing in the potential of underprivileged children, we can create a brighter and more equitable world.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.5%; rating input score 85
- Program expense ratio: 93.4%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.9%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 1.18; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: -49.3% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 10.5% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 85.5% of revenue deployed · 93.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $48K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 56/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.