Beloved Community
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Catalyze people and institutions to implement sustainable cross-sector diversity practices that result in economic growth
- Income
- $2.4 million
- Spending
- $3.8 million
- Spent on programs
- 68%
- Reserves
- -6.2 months of spending
- Largest source of income
- donations and private grants, 79%
- Employees
- 24
- Volunteers
- 5
- Highest pay
- $210,000, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 18 out of 100. Higher than 1% of charities in its peer group (community improvement, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 173% of what it owns.
Living within its means
0 of 15Spending exceeded income by 58% of income.
Spending floor
15 of 1568% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 28 out of 100. Higher than 1% of charities in its peer group (community improvement, $1m to $10m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.5 million spent. FY25 Narrative In Beloved Community's eighth year we supported 19 organizations with ongoing facilitations, trained 528 organizational leaders in operationalizing their commitments to equity for all. 74% of our organizations were in our workforce portfolio, reflecting the continued growth of our Good Jobs Coalition. We celebrated the following impact and milestones: 1) Awa By Beloved Tool Suite: In FY25, 13 organizations completed the Equity Audit. The work of these leaders impacted 1,089 full-time staff across their respective organizations. 2) Power to Make Change: In FY25 we presented findings and recommendations to the New Orleans Early Education Network based on our brief: Expanding Access to Early Education Opportunities for Latine Families in Orleans Parish. Key findings included: Collaborate with Latine families to identify which settings they value for early childhood education Budget for language access support for job recruitment and professional development, not just community outreach and enrollment Create a comprehensive guide to early childhood access for newcomer families Consider replicating HeadStarts Dual Language Assessment to standardize assessment across all providers regardless of size Ensure that local policy, data collection, programs, and ongoing professional development includes inclusive values and embeds the importance of cultural competency. Provide an updated intake form in English and Spanish where families respond to questions about race, ethnicity, and languages spoken. If families are not literate, an employee can facilitate. Disaggregate and analyze program data by race and ethnicity to better understand who is making use of publicly funded early programs. Identify opportunities within the region to strengthen, resource, and support informal networks of Latine family child care workforce entrepreneurs. Consider replicating Jefferson Ready Start Networks two-generation workforce training program and application partnership with La Voz. Learn from effective programs around the country and other local early childhood exemplars that are effectively meeting the needs of cultural communities, for example, Charlotte Bilingual Preschool in North Carolina or Centro Tyrone Guzman in Michigan.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.