THE BRENDAN LOONEY FOUNDATION INC

EIN: 462894430 501(c)(3) Human Services

SILVER SPRING, MD

Total Revenue
$40,241
Total Expenses
$137,514
Total Assets
$274,165
Net Assets
$274,165
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MD
Principal Officer
KEVIN LOONEY
Phone
4107213151
Tax Period
2024-07-01 to 2025-06-30

THE BRENDAN LOONEY FOUNDATION INC, founded in 2013, is a micro nonprofit in the Human Services sector that reported $40K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $138K exceeded revenue, resulting in a 242% operating deficit.

Mission

THE MISSION OF THE BRENDAN LOONEY FOUNDATION IS TO HELP INDIVIDUALS AND FAMILIES--BOTH U.S. MILITARY AND NON-MILITARY--WHO SHARE THE VALUES OF SERVICE, HONOR, INTEGRITY, AND PERSEVERANCE EXEMPLIFIED BY LT BRENDAN LOONEY. AS BRENDAN SO HONORABLY LIVED, BLF BELIEVES IN SERVICE TO COMMUNITY AND COUNTRY, A FOUNDATION OF STRONG CHARACTER AND MORALS, AND A COMMITMENT TO REACH ONE'S GREATEST POTENTIAL IN MIND, BODY AND SPIRIT. THROUGH EDUCATIONAL SCHOLARSHIPS, ASSISTANCE PROGRAMS, AWARDS, GRANTS AND OTHER ACTIVITIES, BLF SEEKS TO PROMOTE THE DEVELOPMENT OF FUTURE LEADERS, CREATE ADVANCEMENT OPPORTUNITIES AND ENRICH THE LIVES OF THOSE IN NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $161,383
Program Service Revenue $0
Investment Income $7,864
Other Revenue $-129,006
TOTAL REVENUE $40,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $128,225
Other Expenses $137,514
TOTAL EXPENSES $137,514

Year-over-Year Comparison

2024 2023 Change
Revenue $40,241 $301,301 -0.9%
Expenses $137,514 $183,523 -0.3%
Net Income $-97,273 $117,778 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN LOONEY PRESIDENT 5.00
Officer Director
$0 $0 $0
ELIZABETH PARKER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ERIN LOONEY SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $40,241 $137,514 $274,165 $-97,273
2024 $301,301 $183,523 $371,440 $117,778
2023 $-47,045 $18,687 $253,662 $-65,732
2022 $4,727 $23,674 $319,394 $-18,947
2021 $142,701 $53,684 $338,341 $89,017
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