The Luling Foundation

Nonprofit profile at a glance

EIN
741143102
IRS 990-PF coverage
2017–2024
Forms available
Form 990-PF 2024
Location
Luling, TX, USA
Phone
8308752438
Rating
66
Verdict
SUPPORTED
Rating confidence
Standard

Reported finances

Revenue
$1,318,302
Expenses
$1,099,687

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

The Luling Foundation is a nonprofit. Location: Luling, TX. EIN 741143102. Tax year 2024 Form 990-PF reports $1.3M revenue and $1.1M expenses.

What it reported funding in 2024

The foundation reported 12 grants totaling $19,000. The stated grant purpose was scholarship.

Operating model

Revenue model
Other-operating. 90% of the foundation's positive operating resources came from other operating revenue.
Distribution model
Hybrid. The foundation combined direct charitable work with grants to other organizations or people.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

SUPPORTED - The filing identifies who received its grants and the filed numbers largely add up. A relatively small share of spending goes to grants and a relatively small share of available resources goes to charitable grants.

Rating breakdown

  • Grant Deployment: 55
  • Cost Efficiency: 2
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 99

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 54.8%; rating input score 55; 8th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 2%; rating input score 2; 7th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Missing
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 412.4; rating input score 99; 99th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 54.8% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 99th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • 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 — Cost Efficiency: Grant expense ratio scored 2/100.
  • Review — Grant Deployment: Grant deployment ratio scored 55/100.