Concordia Lutheran Ministriesfoundation
Concordia Lutheran Ministriesfoundation consistently grows assets with stable expenses and no reported officer compensation.
EIN: 205138266 · Cabot, PA · NTEE: E11 · Updated: 2026-03-28
Is Concordia Lutheran Ministriesfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Concordia Lutheran Ministriesfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Concordia Lutheran Ministriesfoundation
Concordia Lutheran Ministriesfoundation (EIN: 205138266) is a nonprofit organization based in Cabot, PA, classified under NTEE code E11. The organization reported total revenue of $130.9M and total assets of $264.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Concordia Lutheran Ministriesfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Concordia Lutheran Ministriesfoundation is a major 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 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.1M |
| Total Expenses | $14.3M |
| Surplus / Deficit | +$8.8M |
| Total Assets | $237.7M |
| Total Liabilities | $536K |
| Net Assets | $237.2M |
| Operating Margin | 37.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 199.1 months |
Financial Health Grade: A
In 2023, Concordia Lutheran Ministriesfoundation reported a surplus of $8.8M with revenue exceeding expenses, holds 199.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Concordia Lutheran Ministriesfoundation's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.0% | +7.3% | +16.6% |
| 2022 | -5.6% | +3.6% | -10.0% |
| 2021 | +50.3% | -0.8% | +27.4% |
| 2020 | -32.8% | +11.1% | +2.4% |
| 2019 | +46.1% | -26.8% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Concordia Lutheran Ministriesfoundation with a Mission Score of 95 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
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Concordia Lutheran Ministriesfoundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:
- The organization reported a surplus of $8.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with assets exceeding $200 million. This suggests either a volunteer leadership structure or that compensation is reported under different categories not captured by 'Officer Comp' on the 990, warranting further investigation for full transparency.
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.
Red Flags
The following concerns were identified during AI analysis of Concordia Lutheran Ministriesfoundation's IRS 990 filings:
- Unusually low reported expenses relative to revenue in some periods, potentially indicating significant non-cash expenses or specific accounting practices that warrant deeper review.
- Consistent 0% officer compensation for an organization of this scale is highly unusual and might suggest compensation is reported in other categories or that leadership is entirely volunteer, which could impact long-term sustainability or attract top talent.
Strengths
The following positive indicators were identified for Concordia Lutheran Ministriesfoundation:
- Strong and consistent asset growth, from $90M in 2014 to $237M in 2023, demonstrating financial stability.
- Expenses consistently well below revenue, indicating efficient financial management.
- Reported 0% officer compensation across all filings, suggesting a strong commitment to directing funds towards the mission.
- Low liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about Concordia Lutheran Ministriesfoundation
Is Concordia Lutheran Ministriesfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Concordia Lutheran Ministriesfoundation (EIN: 205138266) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Concordia Lutheran Ministriesfoundation spend its money?
Concordia Lutheran Ministriesfoundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Concordia Lutheran Ministriesfoundation tax-deductible?
Concordia Lutheran Ministriesfoundation is registered as a tax-exempt nonprofit (EIN: 205138266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Concordia Lutheran Ministriesfoundation a good charity?
Based on the provided data, Concordia Lutheran Ministriesfoundation appears to be a financially healthy organization with strong asset growth and very low reported expenses relative to revenue. The consistent 0% officer compensation is a significant positive indicator of mission focus and efficiency.
How does Concordia Lutheran Ministriesfoundation manage its expenses?
The organization consistently manages its expenses well below its revenue. For example, in 2023, expenses were $14,323,641 against $23,077,865 in revenue, and in 2022, expenses were $13,346,572 against $34,450,790 in revenue. This suggests a strong control over operational costs.
What is the trend in Concordia Lutheran Ministriesfoundation's assets?
Concordia Lutheran Ministriesfoundation has shown consistent and significant asset growth over the years, increasing from $90,365,075 in 2014 to $237,691,122 in 2023, indicating strong financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for Concordia Lutheran Ministriesfoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Concordia Lutheran Ministriesfoundation's revenue has grown by 110.6%, moving from $11.0M to $23.1M. Total assets increased by 280.8% over the same period, from $62.4M to $237.7M. Total functional expenses rose by 909.8%, from $1.4M to $14.3M. In its most recent filing year (2023), Concordia Lutheran Ministriesfoundation reported a surplus of $8.8M, with revenue exceeding expenses. The organization holds $536K in liabilities against $237.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $237.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.1M | $14.3M | $237.7M | $536K | — | View 990 |
| 2022 | $34.5M | $13.3M | $203.9M | $467K | — | View 990 |
| 2021 | $36.5M | $12.9M | $226.4M | $612K | — | — |
| 2020 | $24.3M | $13.0M | $177.7M | $391K | — | View 990 |
| 2019 | $36.1M | $11.7M | $173.5M | $753K | — | View 990 |
| 2018 | $24.7M | $16.0M | $155.4M | $574K | — | View 990 |
| 2017 | $34.7M | $14.0M | $148.1M | $586K | — | View 990 |
| 2016 | $31.3M | $3.4M | $120.1M | $642K | — | View 990 |
| 2015 | $31.5M | $2.2M | $109.4M | $566K | — | View 990 |
| 2014 | $19.4M | $2.0M | $90.4M | $1.2M | — | View 990 |
| 2013 | $22.2M | $2.7M | $85.6M | $799K | — | View 990 |
| 2012 | $15.8M | $2.0M | $70.2M | $6.0M | — | View 990 |
| 2011 | $11.0M | $1.4M | $62.4M | $6.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.1M, expenses of $14.3M, and assets of $237.7M (revenue -33.0% year-over-year).
- 2022: Revenue of $34.5M, expenses of $13.3M, and assets of $203.9M (revenue -5.6% year-over-year).
- 2021: Revenue of $36.5M, expenses of $12.9M, and assets of $226.4M (revenue +50.3% year-over-year).
- 2020: Revenue of $24.3M, expenses of $13.0M, and assets of $177.7M (revenue -32.8% year-over-year).
- 2019: Revenue of $36.1M, expenses of $11.7M, and assets of $173.5M (revenue +46.1% year-over-year).
- 2018: Revenue of $24.7M, expenses of $16.0M, and assets of $155.4M (revenue -28.7% year-over-year).
- 2017: Revenue of $34.7M, expenses of $14.0M, and assets of $148.1M (revenue +10.7% year-over-year).
- 2016: Revenue of $31.3M, expenses of $3.4M, and assets of $120.1M (revenue -0.7% year-over-year).
- 2015: Revenue of $31.5M, expenses of $2.2M, and assets of $109.4M (revenue +62.7% year-over-year).
- 2014: Revenue of $19.4M, expenses of $2.0M, and assets of $90.4M (revenue -12.6% year-over-year).
- 2013: Revenue of $22.2M, expenses of $2.7M, and assets of $85.6M (revenue +40.1% year-over-year).
- 2012: Revenue of $15.8M, expenses of $2.0M, and assets of $70.2M (revenue +44.5% year-over-year).
- 2011: Revenue of $11.0M, expenses of $1.4M, and assets of $62.4M.
Data Sources and Methodology
This transparency report for Concordia Lutheran Ministriesfoundation 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.