Civic Intelligence

Lovering Family Foundation

EIN 20-5096443 • 501(c)3 • Nashua, NH

Profile

To educate and support teen driving safety in new hampshire. The teen accident and fatality rate have increased to unacceptable levels. The organization has previously granted financial support to a comprehensive teen driving safety program, in order to help reduce these levels. Previously, the foundation had partnered with a local driving school that specialized in teaching young drivers defensive, emergency and evasive driving techniques and skills. Due to the driving school closing and the lack of a comprable driving school in new hampshire, the organization has begun the process of dissolution, and will file a final return prior to the due date of the 990 for the year ending 6/30/20.

180 Daniel Webster HighwayNashua, NH 03060

www.loveringfamilyfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

88th percentile

45%

Higher net margin than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

76th percentile

20%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-53%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$32,006

Up $3,239 (+11%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Up

$32,006

Up $3,239 (+11%) from 2018

Revenue

Up

$6,779

Up $2,988 (+79%) from 2018

Expenses

Up

$3,540

Up $1,442 (+69%) from 2018

Net Income

Up

$3,239

Up $1,546 (+91%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2010: $12,457Liabilities 2010: $0Net Assets 2010: $12,4572010Assets 2011: $24,930Liabilities 2011: $0Net Assets 2011: $24,9302011Assets 2012: $2,697Liabilities 2012: $0Net Assets 2012: $2,6972012Assets 2013: $5,500Liabilities 2013: $0Net Assets 2013: $5,5002013Assets 2014: $10,455Liabilities 2014: $0Net Assets 2014: $10,4552014Assets 2015: $13,151Liabilities 2015: $0Net Assets 2015: $13,1512015Assets 2016: $17,925Liabilities 2016: $0Net Assets 2016: $17,9252016Assets 2017: $24,035Liabilities 2017: $0Net Assets 2017: $24,0352017Assets 2018: $28,767Liabilities 2018: $0Net Assets 2018: $28,7672018Assets 2019: $32,006Liabilities 2019: $0Net Assets 2019: $32,0062019

Highlighted filing

2019

Assets$32,006
Liabilities$0
Net Assets$32,006

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $76,890Expenses 2010: $69,270Net Income 2010: $7,6202010Revenue 2011: $79,897Expenses 2011: $67,424Net Income 2011: $12,4732011Revenue 2012: $72,122Expenses 2012: $94,355Net Income 2012: -$22,2332012Revenue 2013: $5,324Expenses 2013: $2,521Net Income 2013: $2,8032013Revenue 2014: $9,888Expenses 2014: $4,933Net Income 2014: $4,9552014Revenue 2015: $6,246Expenses 2015: $3,550Net Income 2015: $2,6962015Revenue 2016: $10,219Expenses 2016: $2,406Net Income 2016: $7,8132016Revenue 2017: $8,014Expenses 2017: $1,904Net Income 2017: $6,1102017Revenue 2018: $3,791Expenses 2018: $2,098Net Income 2018: $1,6932018Revenue 2019: $6,779Expenses 2019: $3,540Net Income 2019: $3,2392019

Highlighted filing

2019

Revenue$6,779
Expenses$3,540
Net Income$3,239

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$42,820
Mission and Program Overview

Mission

To educate and support teen driving safety in new hampshire. The teen accident and fatality rate have increased to unacceptable levels. Through a general information campaign to the public along with the financial support of a comprehensive teen driving safety program, these levels can be reduced. The foundation has partnered with a local driving school that specializes in teaching young drivers defensive, emergency and evasive driving techniques and skills.

To educate and support teen driving safety in new hampshire. The teen accident and fatality rate have increased to unacceptable levels. The organization has previously granted financial support to a comprehensive teen driving safety program, in order to help reduce these levels. Previously, the foundation had partnered with a local driving school that specialized in teaching young drivers defensive, emergency and evasive driving techniques and skills. Due to the driving school closing and the lack of a comprable driving school in new hampshire, the organization has begun the process of dissolution, and will file a final return prior to the due date of the 990 for the year ending 6/30/20.

Program Services

DescriptionGrantsExpenses
TO EDUCATE AND TRAIN TEEN DRIVERS BY PROVIDING A COMPREHENSIVE HANDS-ON DRIVING COURSE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA LOVERINGPresident-$0--
RICHARD M LOVERING JRVice President-$0--
RICHARD M LOVERING JRSecretary-$0--
LINDA LOVERINGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Lovering Family Foundation
EIN
20-5096443
Phone
6038887070
Address
180 DANIEL WEBSTER HIGHWAY, NASHUA, NH 03060

Signing Officer

Name
Linda Lovering Treasurer
Title
Treasurer
Phone
6038887070
Signed
2019-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Tyler Simms & St Sauveur Cpas Pc
Address
19 MORGAN DRIVE, LEBANON, NH 03766
Preparer
Ernest R Tyler CPA
Phone
6036530044
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 36. Description: insurance. Amount: 3,284. Description: registration & filing fees. Amount: 173. Description: miscellaneous. Amount: 47. Total to form 990-ez, line 16: 3,540.

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NASHUA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO EDUCATE AND SUPPORT TEEN DRIVING SAFETY IN NEW HAMPSHIRE. THE TEEN ACCIDENT AND FATALITY RATE HAVE INCREASED TO UNACCEPTABLE LEVELS. THE ORGANIZATION HAS PREVIOUSLY GRANTED FINANCIAL SUPPORT TO A COMPREHENSIVE TEEN DRIVING SAFETY PROGRAM, IN ORDER TO HELP REDUCE THESE LEVELS. PREVIOUSLY, THE FOUNDATION HAD PARTNERED WITH A LOCAL DRIVING SCHOOL THAT SPECIALIZED IN TEACHING YOUNG DRIVERS DEFENSIVE, EMERGENCY AND EVASIVE DRIVING TECHNIQUES AND SKILLS. DUE TO THE DRIVING SCHOOL CLOSING AND THE LACK OF A COMPRABLE DRIVING SCHOOL IN NEW HAMPSHIRE, THE ORGANIZATION HAS BEGUN THE PROCESS OF DISSOLUTION, AND WILL FILE A FINAL RETURN PRIOR TO THE DUE DATE OF THE 990 FOR THE YEAR ENDING 6/30/20.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO EDUCATE AND TRAIN TEEN DRIVERS BY PROVIDING A COMPREHENSIVE HANDS-ON DRIVING COURSE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06246
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IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd01
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt09936
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt09936
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt036041
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IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0ROBERT POLISH
IRS990ScheduleG/GamingManagerServicesProvTxt0OVERSEES ALL ASPECTS OF GAMING CONTRACT WITH THIRD PARTY
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingRevenueReceivedByOrgAmt011229
IRS990ScheduleG/GamingRevenueRtnBy3PrtyAmt020855
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0DAVID HEATH
IRS990ScheduleG/LicensedInd01
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IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt07 CASEY CIRCLE
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IRS990ScheduleG/StatesWhereGamingConductedCd0NH
IRS990ScheduleG/ThirdPartyBusinessName/BusinessNameLine1Txt0CASABLANCA CASINO LLC
IRS990ScheduleG/ThirdPartyUSAddress/AddressLine1Txt0PO BOX 306
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES. AMOUNT: 36. DESCRIPTION: INSURANCE. AMOUNT: 3,284. DESCRIPTION: REGISTRATION & FILING FEES. AMOUNT: 173. DESCRIPTION: MISCELLANEOUS. AMOUNT: 47. TOTAL TO FORM 990-EZ, LINE 16: 3,540.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06038887070
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-30
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ReturnHeader/Filer/BusinessNameControlTxt0LOVE
ReturnHeader/Filer/EIN0205096443
ReturnHeader/Filer/PhoneNum06038887070
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ReturnHeader/FilingSecurityInformation/IPTm013:20:55
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ReturnHeader/PreparerPersonGrp/PhoneNum06036530044
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-30
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ReturnHeader/ReturnTs02019-10-30T13:23:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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