MIKE LOWELL FOUNDATION INC

EIN: 651154182 501(c)(3) Social Science

CORAL GABLES, FL

Total Revenue
$33,063
Total Expenses
$32,239
Total Assets
$368,076
Net Assets
$368,076
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
FL
Principal Officer
MIKE LOWELL
Phone
3059789055
Tax Period
2025-01-01 to 2025-12-31

MIKE LOWELL FOUNDATION INC, founded in 2001, is a micro nonprofit in the Social Science sector that reported $33K in total revenue in fiscal year 2025. Net assets of $368K represent 134 months of operating reserves.

Mission

THE MIKE LOWELL FOUNDATION IS A 501C(3) CHARITY WHOSE MISSION IS TO SUPPORT LOW INCOME FAMILIES IN MIAMI AND BOSTON STRUGGLING WITH CANCER. THE FOUNDATION ALSO SUPPORTS YOUTH BASEBALL PROGRAMS FOR INNER CITY CHILDREN.

Program Service Accomplishments

Program 1
Expenses: $25,500

FUNDING MEMORABLE EXPERIENCES THAT HAVE A DIRECT IMPACT ON MAKING THE DAILY LIVES OF PATIENTS, ESPECIALLY THOSE DEALING WITH CANCER, HAPPIER AND LESS STRESSFUL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $33,063
Other Revenue $0
TOTAL REVENUE $33,063

Expense Breakdown

Grants Paid $25,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,500
Other Expenses $6,739
TOTAL EXPENSES $32,239

Year-over-Year Comparison

2025 2024 Change
Revenue $33,063 $34,215 0.0%
Expenses $32,239 $14,427 +1.2%
Net Income $824 $19,788 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE LOWELL PRESIDENT 1.00
Director
$0 $0 $0
BERTHA LOWELL VICE PRESIDENT 1.00
Director
$0 $0 $0
GARO FRIGULS TREASURER 1.00
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 $33,063 $32,239 $368,076 $824
2024 $34,215 $14,427 $367,252 $19,788
2023 $-3,146 $10,655 $351,488 $-13,801
2022 $-26,217 $8,965 $426,127 $-35,182
2021 $72,693 $35,364 $426,127 $37,329
2020 $19,469 $18,747 $434,940 $722
2019 $22,734 $121,359 $392,454 $-98,625
2018 $66,154 $158,428 $460,723 $-92,274
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MIKE LOWELL FOUNDATION INC with other nonprofits in Florida and across the country.