Mooresville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Lowes Foundation, founded in 1957, is a mid-sized nonprofit in the Education sector that reported $25.3M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $22.8M left a modest 10% surplus.
Lowes Foundation is focused on closing the skilled trades labor gap across the United States. Our mission is to develop a community of skilled tradespeople who can build and revitalize our homes neighborhoods and infrastructure for the future.
During the year ended January 31 2025 the organization provided funding to community and technical colleges community-based organizations and national nonprofits to support the mission of developing...
During the year ended January 31 2025 the organization provided funding to community and technical colleges community-based organizations and national nonprofits to support the mission of developing skilled tradespeople.
During the year ended January 31 2025 the organization supported 1 community improvement organization to provide basic necessities to children in need.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $25,271,969 | $19,566,102 | +0.3% |
| Expenses | $22,777,025 | $22,793,917 | 0.0% |
| Net Income | $2,494,944 | $-3,227,815 | -1.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Janice Dupre | Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| David R Green | Trustee Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Shoop | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Margi Vagell | SVP Vice Chairman | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Erica Irvin | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Jason Rutherford | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Donna Neale | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Brad Hardy | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Steffani McLean | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Gerado Soto Aycinena | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Kyle Guenther | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jana Barresi | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Elizabeth Conway | Director | 40.00 |
Key Emp
|
$184,715 | $36,807 | $221,522 |
| Lauren Norman | Sr Manager | 40.00 |
Highest
|
$134,862 | $26,466 | $161,328 |
| Diana Castaneda | Manager | 40.00 |
Highest
|
$118,630 | $12,540 | $131,170 |
| Sebastian Hale | Manager | 40.00 |
Highest
|
$117,680 | $15,341 | $133,021 |
| Ashley Schroeder | Manager | 40.00 |
Highest
|
$117,654 | $5,149 | $122,803 |
| Delaney Osterday | Manager | 40.00 |
Highest
|
$111,692 | $2,778 | $114,470 |
| Javi Cano | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Nick Masi | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $25,271,969 | $22,777,025 | $18,775,075 | $2,494,944 |
| 2024 | $19,566,102 | $22,793,917 | $16,296,593 | $-3,227,815 |
| 2023 | $15,875,960 | $2,489,474 | $18,802,670 | $13,386,486 |
| 2022 | $2,155,365 | $4,642,232 | $8,794,184 | $-2,486,867 |
| 2021 | $10,106,970 | $8,372,856 | $10,537,051 | $1,734,114 |
| 2020 | $4,876,039 | $1,090,486 | $5,298,937 | $3,785,553 |
| 2019 | $3,095,831 | $3,199,664 | $1,513,384 | $-103,833 |
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