Adams County Lutheran Education Association

Adams County Lutheran Education Association consistently operates near break-even with zero liabilities and no reported officer compensation.

EIN: 203600106 · Hastings, NE · NTEE: T30 · Updated: 2026-03-28

$456KRevenue
$31KAssets
85/100Mission Score (Excellent)
T30
Adams County Lutheran Education Association Financial Summary
MetricValue
Total Revenue$456K
Total Expenses$435K
Program Spending90%
Net Assets$23K
Transparency Score85/100

Is Adams County Lutheran Education Association Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Adams County Lutheran Education Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Adams County Lutheran Education Association

Adams County Lutheran Education Association (EIN: 203600106) is a nonprofit organization based in Hastings, NE, classified under NTEE code T30. The organization reported total revenue of $456K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adams County Lutheran Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Adams County Lutheran Education Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$433K
Total Expenses$435K
Surplus / Deficit$-2,240
Total Assets$23K
Net Assets$23K
Operating Margin-0.5%
Months of Reserves0.6 months

Financial Health Grade: C

In 2023, Adams County Lutheran Education Association reported a deficit of $2K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Adams County Lutheran Education Association's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-4.7%+38.0%+18.2%
2022+53.8%+12.9%-30.1%
2021-8.3%-12.9%+130.6%
2020+14.2%+15.3%+12.6%
2019+2.7%-0.4%+55.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Adams County Lutheran Education Association demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2022, revenue was $454,580 against expenses of $315,578, indicating a healthy surplus. However, in 2023, expenses ($435,426) slightly surpassed revenue ($433,186), suggesting a tighter financial year. The organization maintains a very lean asset base, with assets typically ranging from $7,013 to $31,392, and consistently reports zero liabilities, which is a strong indicator of financial stability and low debt burden. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can contribute to lower administrative costs. The organization's financial health appears stable, operating close to break-even in most years, with occasional surpluses contributing to a modest growth in assets. The consistent reporting of zero liabilities is a significant strength, indicating responsible financial management. While specific program spending ratios are not detailed in the provided data, the lack of officer compensation implies a focus on directing funds towards the mission. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Adams County Lutheran Education Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Adams County Lutheran Education Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$433KTotal Revenue
$435KTotal Expenses
$23KTotal Assets
$23KNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led structure or that compensation is below reporting thresholds, which significantly reduces administrative overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Adams County Lutheran Education Association:

Frequently Asked Questions about Adams County Lutheran Education Association

Is Adams County Lutheran Education Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Adams County Lutheran Education Association (EIN: 203600106) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

How does Adams County Lutheran Education Association spend its money?

Adams County Lutheran Education Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Adams County Lutheran Education Association tax-deductible?

Adams County Lutheran Education Association is registered as a tax-exempt nonprofit (EIN: 203600106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Adams County Lutheran Education Association compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Adams County Lutheran Education Association is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Adams County Lutheran Education Association located?

Adams County Lutheran Education Association is headquartered in Hastings, Nebraska and files with the IRS under EIN 203600106. It is classified under NTEE code T30.

How many years of IRS 990 filings does Adams County Lutheran Education Association have?

Adams County Lutheran Education Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $456K in total revenue.

Is Adams County Lutheran Education Association a good charity?

Based on the provided financial data, the organization appears to be a well-managed charity with a strong focus on its mission, evidenced by zero reported officer compensation and consistent operation without liabilities. Its financial stability, despite a lean asset base, suggests efficient use of funds.

How does the organization manage its liabilities?

Adams County Lutheran Education Association consistently reports $0 in liabilities across all 13 filings, indicating excellent financial management and a strong avoidance of debt.

What is the trend in the organization's revenue and expenses?

Revenue and expenses have generally shown an upward trend over the past decade, from around $128,540 in revenue in 2014 to $433,186 in 2023. The organization typically operates near break-even, with occasional surpluses (e.g., $139,002 surplus in 2022) and minor deficits (e.g., $2,240 deficit in 2023).

Filing History

IRS 990 filing history for Adams County Lutheran Education Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Adams County Lutheran Education Association's revenue has grown by 160.4%, moving from $166K to $433K. Total assets decreased by 39.1% over the same period, from $39K to $23K. Total functional expenses rose by 179.2%, from $156K to $435K. In its most recent filing year (2023), Adams County Lutheran Education Association reported a deficit of $2K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $433K $435K $23K $0
2022 $455K $316K $20K $0 View 990
2021 $296K $279K $28K $0 View 990
2020 $322K $321K $12K $0 View 990
2019 $282K $278K $11K $0 View 990
2018 $275K $279K $7K $0 View 990
2017 $256K $253K $12K $0 View 990
2016 $307K $310K $8K $0 View 990
2015 $238K $237K $11K $0 View 990
2014 $129K $124K $9K $0 View 990
2013 $139K $178K $5K $0 View 990
2012 $118K $114K $43K $0 View 990
2011 $166K $156K $39K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Adams County Lutheran Education Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Adams County Lutheran Education Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in Nebraska

Explore more nonprofits based in Nebraska with AI-powered transparency reports.

View all Nebraska nonprofits →

Similar Organizations (NTEE T30)

Other nonprofits classified under NTEE code T30.

View all T30 nonprofits →

Explore Related Nonprofits

Browse by State