LOUVON FAMILY FOUNDATION

EIN: 471259796 501(c)(3) Community Improvement

Sumter, SC

Total Revenue
$484,229
Total Expenses
$424,865
Total Assets
$535,320
Net Assets
$530,081
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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
2014
Legal Domicile
SC
Principal Officer
JAMES V WILSON Sr
Phone
8037748000
Tax Period
2025-01-01 to 2025-12-31

LOUVON FAMILY FOUNDATION, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $484K in total revenue in fiscal year 2025. Revenue surged 173% from the prior year, signaling strong growth momentum. Expenses of $425K left a modest 12% surplus.

Mission

IS TO ENCOURAGE, SUPPORT AND CONDUCT PROGRAMS AND ACTIVITIES THAT OPEN OPPORTUNITIES AND CREATE PATHWAYS TO IMPROVED QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES THAT HAVE NOT BEEN ABLE TO FULLY BENEFIT FROM THE AMERICAN DREAM

Program Service Accomplishments

Program 1
Expenses: $320,459

BEAUTIFUL POSSIBILITIES SCHOLARSHIP INITIATIVE FOR VARIOUS COLLEGES The Beautiful Possibilities Scholarship Initiative award program aimed at supporting underrepresented students who strive for a...

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BEAUTIFUL POSSIBILITIES SCHOLARSHIP INITIATIVE FOR VARIOUS COLLEGES The Beautiful Possibilities Scholarship Initiative award program aimed at supporting underrepresented students who strive for a college education but dont have the financial means by which to attend.

Program 2
Expenses: $43,036

The LouVon Family Foundation addresses the quality of life for the underprivileged members of the community as a whole with specific attention dedicated to our senior citizens. In addition to...

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The LouVon Family Foundation addresses the quality of life for the underprivileged members of the community as a whole with specific attention dedicated to our senior citizens. In addition to financial support provided to persons in need of medical attention , pharmacy needs, heating and air conditioning, clothing and assistance with housing needs, LouVon has partnered with local groups and organizations whose mission is same or similar but have more financial means than we have for projects that need additional financing. Additionally, we are strengthening our partnerships with the mental health community as well as other resources that can offer more concentrated support to include licensed practitioners in health fields. We are experiencing an increase in requests for support and assistance in areas such as depression, juvenile mental health, homelessness and care for mentally challenged youth. These request can range from office visits to daycare an

Program 3
Expenses: $19,180

COATS FOR KIDS IS A PROGRAM GIVES BRAND NEW COATS TO CHILDREN IN THE SUMTER COMMUNITY AND THE OUTLYING COUNTIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $448,689
Program Service Revenue $0
Investment Income $0
Other Revenue $35,540
TOTAL REVENUE $484,229

Expense Breakdown

Grants Paid $395,185
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $402,587
Other Expenses $29,680
TOTAL EXPENSES $424,865

Year-over-Year Comparison

2025 2024 Change
Revenue $484,229 $177,372 +1.7%
Expenses $424,865 $200,626 +1.1%
Net Income $59,364 $-23,254 -3.6%
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
5
Independent Members
5
Employees
N/A
Volunteers
12

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES V WILSON Sr BOARD CHAIR 10.00
Officer
$0 $0 $0
SHELIA J BRADSHAW BOARD MEMBER 4.00
Officer
$0 $0 $0
RODNEY RICHBURG Sr BOARD MEMBER 2.00
Officer
$0 $0 $0
ERIN J WILSONJAMES VICE BOARDPRESIDENT 10.00
Officer
$0 $0 $0
ANDERSON THOMAS SECRETARY 2.00
Officer
$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 $484,229 $424,865 $535,320 $59,364
2024 $177,372 $200,626 $472,452 $-23,254
2023 $77,218 $120,846 $494,755 $-43,628
2022 $346,287 $437,970 $538,099 $-91,683
2021 $227,014 $107,493 $630,095 $119,521
2020 $90,465 $53,011 $520,438 $37,454
2019 $52,014 $63,059 $478,983 $-11,045
2018 $134,787 $127,626 $489,165 $7,161
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