Beautify Loretto INC

Tax-deductible

Elizabethtown, KY501(c)(3)Since 2018EnvironmentEIN 83-0828498Revenue $27K in FY2025

On file with the IRS418 Deer Lake Rd, 42701-6984 · Elizabethtown, KYTax-exempt since Aug 2018Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To improve the appearance of the city of Loretto, kentucky, thereby helping to enrich the lives of the people who live there. Also, to develop and pursue initiatives that promote beautification of the city, while supporting endeavors that enrich family life, promote economic develpment and strengthen community pride.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $95K a year · 80% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
365 mo
of spending, in cash
Looks good: 364.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27K
+469% vs prior year
Spent
$12K
To programs
72%
Net assets
$930K
By yearFY2020–FY2025
Revenue
$27K
FY2025▲ +469%
Tap a bar for its year
Revenue by fiscal year
FY2020$225K
FY2021$227K
FY2022$228K
FY2023$4K
FY2024$5K
FY2025$27K
Expenses
$12K
FY2025▲ +105%
Tap a bar for its year
Expenses by fiscal year
FY2020$15K
FY2021$48K
FY2022$59K
FY2023$4K
FY2024$6K
FY2025$12K
Net assets
$930K
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$568K
FY2021$746K
FY2022$916K
FY2023$916K
FY2024$915K
FY2025$930K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $9K Management & general 28% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Beautify Loretto INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Beautifies the city to enrich residents' lives through beautification initiatives.

Questions for Beautify Loretto INC

Tap to ask. Beautify Loretto INC sees how many people are interested.

Your first name shows with your question. Beautify Loretto INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $9K · in their own filed words · FY2025
01

Clean up & beautification of loretto

$9Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$27K
Ln 12
Other incomeLn 4–11$15K
Gifts and grantsLn 1h$6K
Investment incomeLn 3$5K
Money outPt IX
$12K
Ln 25
Programscol B$9K
Managementcol C$3K
Owns and owesPt X
$930K
net assets · Ln 32
Cash and savingsLn 1–2$363K
Total assetsLn 16$930K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6K
Investment incomeLn 3$5K
Other incomeLn 4–11$15K
Total revenueLn 12$27K
Assets in detailPt X, end of year
CashLn 1$363K
Cash and savings togetherLn 1–2$363K
Land, buildings, equipmentLn 10c$567K
Total assetsLn 16$930K
LiabilitiesLn 26$0
Net assetsLn 32$930K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$348K$363K
Land, buildings, equipmentLn 10c$567K$567K
Total assetsLn 16$915K$930K
LiabilitiesLn 26$0$0
Net assetsLn 32$915K$930K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$485$485
Office expensesLn 13$193$193
Conferences, conventions and meetingsLn 19$24$24
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$10K$9K$1K
All other expensesLn 24e$229$229
Total functional expensesLn 25$12K$9K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $27K$12K$15K$930K 990 PDF
FY2024 $5K$6K−$1K$915K 990 PDF
FY2023 $4K$4K$543$916K 990 PDF
FY2022 $228K$59K$169K$916K 990 PDF
FY2021 $227K$48K$179K$746K 990 PDF
FY2020 $225K$15K$210K$568K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $26,934 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,720$6,190
I-9 Program service revenue$0
I-10 Investment incomePrior year $17$5,391
I-11 Other revenue$15,353
I-12 Total revenuePrior year $4,737$26,934
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $5,823$11,963
I-18 Total expensesPrior year $5,823$11,963
I-19 Revenue less expensesPrior year −$1,086$14,971
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $26,934 across 5 lines filed
Lines not itemized here account for $12,129 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$6,190
VIII-1h Total contributions, gifts and grants$6,190
VIII-3 Investment incomeRelated to mission $5,391$5,391
VIII-8 Net income from fundraising events$3,224
VIII-12 Total revenueRelated to mission $17,520$26,934
Part IX · Statement of functional expenses $11,963 across 6 lines filed
IX-11c Accounting feesManagement $485$485
IX-13 Office expensesManagement $193$193
IX-19 Conferences, conventions and meetingsManagement $24$24
IX-23 InsuranceManagement $1,363$1,363
IX-24 Other expenses (24a–d)Programs $8,568 · Management $1,101$9,669
IX-24e All other expensesManagement $229$229
IX-25 Total functional expensesPrograms $8,568 · Management $3,395 · Fundraising $0$11,963
Part X · Balance sheet $930,139 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $348,476$363,447
X-10c Land, buildings and equipment, netStart of year $566,692$566,692
X-16 Total assetsStart of year $915,168$930,139
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $915,168$930,139
X-33 Total liabilities and net assetsStart of year $915,168$930,139
Part XI · Reconciliation of net assets $930,139 net assets at year end
XI-1 Total revenue$26,934
XI-2 Total expenses$11,963
XI-3 Revenue less expenses$14,971
XI-4 Net assets at start of year$915,168
XI-10 Net assets at end of year$930,139

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.