Loveland Legacy Foundation is located in Loveland, OH. The organization was established in 2018. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loveland Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Loveland Legacy Foundation generated $47.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.6%) each year. All expenses for the organization totaled $62.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE LOVELAND LEGACY FOUNDATION IS A 501C3 NON-PROFIT ORG. WITH ITS PURPOSE TO IMPROVE THE COMMUNITY OF LOVELAND, OH. THE ORG. WAS CREATED OUT OF THE GENEROSITY OF MEMBERS OF THE LOVELAND COM. AND BUSINESSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ceecee Collins Member | 1 | $0 | |
Kevin Malof Member | 1 | $0 | |
Kevin Egan Member | 1 | $0 | |
Brian Garry Member | 1 | $0 | |
Becky Giver Member | 1 | $0 | |
Martha Hadley President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,113 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$21,132 |
| Other Revenue | $0 |
| Total Revenue | $46,981 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,884 |
| Total expenses | $62,239 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,292 |
| Other assets | $0 |
| Total assets | $17,292 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,292 |