Lackawanna County Convention
EIN: 232690309 · Scranton, PA
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Net Assets | $1.5M |
Is Lackawanna County Convention Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lackawanna County Convention
Lackawanna County Convention (EIN: 232690309) is a nonprofit organization based in Scranton, PA. The organization reported total revenue of $1.9M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lackawanna County Convention's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lackawanna County Convention is a mid-size nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$134K |
| Total Assets | $1.7M |
| Total Liabilities | $239K |
| Net Assets | $1.5M |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 13.9% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Lackawanna County Convention reported a surplus of $134K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 13.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Lackawanna County Convention's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | +37.6% | +11.7% |
| 2022 | +59.6% | +37.1% | +42.2% |
| 2021 | -16.4% | -44.4% | +17.6% |
| 2020 | -16.8% | -1.0% | -19.9% |
| 2019 | +18.9% | +20.7% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lackawanna County Convention has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lackawanna County Convention with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $134K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.9%.
Frequently Asked Questions about Lackawanna County Convention
Is Lackawanna County Convention a legitimate charity?
Lackawanna County Convention (EIN: 232690309) is a registered tax-exempt nonprofit based in Pennsylvania. It has 12 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Lackawanna County Convention spend its money?
Lackawanna County Convention reported $1.9M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lackawanna County Convention tax-deductible?
Lackawanna County Convention is registered as a tax-exempt nonprofit (EIN: 232690309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lackawanna County Convention located?
Lackawanna County Convention is headquartered in Scranton, Pennsylvania and files with the IRS under EIN 232690309.
How many years of IRS 990 filings does Lackawanna County Convention have?
Lackawanna County Convention has 12 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Lackawanna County Convention showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Lackawanna County Convention's revenue has grown by 202.7%, moving from $586K to $1.8M. Total assets increased by 253.2% over the same period, from $487K to $1.7M. Total functional expenses rose by 190.8%, from $564K to $1.6M. In its most recent filing year (2023), Lackawanna County Convention reported a surplus of $134K, with revenue exceeding expenses. The organization holds $239K in liabilities against $1.7M in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.6M | $1.7M | $239K | — | View 990 |
| 2022 | $1.6M | $1.2M | $1.5M | $193K | — | View 990 |
| 2021 | $1.0M | $870K | $1.1M | $186K | — | View 990 |
| 2020 | $1.2M | $1.6M | $921K | $184K | — | View 990 |
| 2019 | $1.5M | $1.6M | $1.1M | $78K | — | View 990 |
| 2018 | $1.2M | $1.3M | $1.2M | $68K | — | View 990 |
| 2016 | $1.2M | $1.1M | $1.3M | $84K | — | View 990 |
| 2015 | $1.2M | $1.2M | $1.3M | $191K | — | View 990 |
| 2014 | $1.3M | $1.1M | $1.2M | $113K | — | View 990 |
| 2013 | $1.2M | $681K | $972K | $56K | — | View 990 |
| 2012 | $382K | $497K | $368K | $100K | — | View 990 |
| 2011 | $586K | $564K | $487K | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.6M, and assets of $1.7M (revenue +8.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.2M, and assets of $1.5M (revenue +59.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $870K, and assets of $1.1M (revenue -16.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.6M, and assets of $921K (revenue -16.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $1.1M (revenue +18.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $1.2M (revenue +2.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +0.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue -7.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $1.2M (revenue +6.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $681K, and assets of $972K (revenue +222.0% year-over-year).
- 2012: Revenue of $382K, expenses of $497K, and assets of $368K (revenue -34.8% year-over-year).
- 2011: Revenue of $586K, expenses of $564K, and assets of $487K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lackawanna County Convention:
Data Sources and Methodology
This transparency report for Lackawanna County Convention 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.