THE LOVEMARK FOUNDATION INC

EIN: 815274973 501(c)(3) Health Care

INDEPENDENCE, OH

Total Revenue
$3,498
Total Expenses
$21,456
Total Assets
$20,939
Net Assets
$20,939
🔒

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
2017
Legal Domicile
FL
Principal Officer
TIVA LOVEMARK
Phone
2169204800
Tax Period
2025-01-01 to 2025-12-31

THE LOVEMARK FOUNDATION INC, founded in 2017, is a micro nonprofit in the Health Care sector that reported $3K in total revenue in fiscal year 2025. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $21K exceeded revenue, resulting in a 513% operating deficit.

Mission

TO PROVIDE FINANCIAL & EMOTIONAL SUPPORT TO THOSE DEALING WITH BRAIN CANCER AND/OR BRAIN TUMORS. RATHER THAN FUNDING RESEARCH ORGANIZATIONS, WE PROVIDE DIRECT & TANGIBLE RESOURCES TO PATIENTS. DONATIONS ARE INTENDED TO HELP PATIENTS & FAMILIES NAVIGATE THROUGH THEIR INDIVIDUAL JOURNEYS BY PROVIDING DIRECT SUPPORT FOR EXPENSES; SUCH AS, HOUSING COSTS, MEDICAL EQUIPMENT & SUPPLIES, TRANSPORTATION TO & FROM APPOINTMENTS, AND MUCH MORE.

🔒

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 $3,498
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,498

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,395
Other Expenses $1,456
TOTAL EXPENSES $21,456

Year-over-Year Comparison

2025 2024 Change
Revenue $3,498 $12,713 -0.7%
Expenses $21,456 $57,929 -0.6%
Net Income $-17,958 $-45,216 -0.6%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIVA LOVEMARK PRESIDENT 5.00
Officer Director
$0 $0 $0
JAMIE LOVEMARK VICE PRESIDENT / TREASURER 5.00
Officer Director
$0 $0 $0
DANIELLE MOLINARO DIRECTOR 5.00
Director
$0 $0 $0
WHITNEY ELLIOTT DIRECTOR 5.00
Director
$0 $0 $0
SIMON ELLIOTT DIRECTOR 5.00
Director
$0 $0 $0
DANA DUFF SECRETARY 5.00
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 $3,498 $21,456 $20,939 $-17,958
2024 $12,713 $57,929 $38,898 $-45,216
2023 $159,883 $148,514 $84,114 $11,369
2022 $222,518 $210,726 $72,745 $11,792
2021 $175,272 $207,396 $60,953 $-32,124
2020 $54,932 $45,656 $93,077 $9,276
2019 $147,480 $190,762 $83,801 $-43,282
2018 $176,112 $102,495 $127,083 $73,617
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE LOVEMARK FOUNDATION INC with other nonprofits in Ohio and across the country.