Landmark College Inc
Landmark College: Strong Financials, High Program Spending, and Consistent Growth
EIN: 222586208 · Putney, VT · Updated: 2026-04-04
About Landmark College Inc
Landmark College Inc (EIN: 222586208) is a nonprofit organization based in Putney, VT. The organization reported total revenue of $46.4M and total assets of $82.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Landmark College Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Landmark College Inc 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Landmark College Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, with 'c0%' reported across all years, suggesting compensation for key personnel is below the IRS reporting threshold for Form 990, or that the organization is using a form where this is not applicable.
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 Landmark College Inc:
- Consistent revenue growth from $33.5M in 2016 to $46.3M in 2023, demonstrating financial stability and increasing impact.
- Healthy asset growth from $73.4M in 2016 to $82.1M in 2023, indicating strong financial management and investment in its mission.
- High program spending, with a significant portion of expenses dedicated to direct educational services.
- Low liabilities relative to assets, suggesting a strong balance sheet and fiscal prudence.
Frequently Asked Questions about Landmark College Inc
What does Landmark College Inc do?
Landmark College Inc is a nonprofit organization in the Unknown sector, located in Putney, Vermont. It is classified under NTEE code Unknown.
How much revenue does Landmark College Inc have?
Landmark College Inc reported total revenue of $46,373,697. Based on 13 IRS 990 filings on record.
What are Landmark College Inc's total assets?
Landmark College Inc holds total assets of $82,122,864 as reported in IRS 990 filings.
Where is Landmark College Inc located?
Landmark College Inc is based in Putney, Vermont.
What is Landmark College Inc's EIN?
Landmark College Inc's Employer Identification Number (EIN) is 222586208. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Landmark College Inc?
Landmark College Inc is classified under NTEE code Unknown (Unknown).
Is Landmark College Inc a registered 501(c)(3)?
Landmark College Inc appears in IRS records (EIN: 222586208). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Landmark College Inc file IRS Form 990?
Yes, Landmark College Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Landmark College Inc's revenue in 2023?
In the 202306 filing period, Landmark College Inc reported total revenue of $43,593,989, total expenses of $40,887,202, and net assets of $78,629,716.
Is Landmark College Inc's revenue growing or declining?
Landmark College Inc's revenue is growing. Revenue went from $41,061,434 (202206) to $43,593,989 (202306), a +6.2% change. Based on 13 filings on record.
What is Landmark College Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Landmark College Inc covers tax period 202306. It shows revenue of $43,593,989, expenses of $40,887,202, total assets of $78,629,716, and liabilities of $23,652,323.
How much does Landmark College Inc spend on programs vs administration?
Based on IRS 990 analysis, Landmark College Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Landmark College Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Landmark College Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Landmark College Inc's strengths?
Positive indicators for Landmark College Inc include: Consistent revenue growth from $33.5M in 2016 to $46.3M in 2023, demonstrating financial stability and increasing impact.. Healthy asset growth from $73.4M in 2016 to $82.1M in 2023, indicating strong financial management and investment in its mission.. High program spending, with a significant portion of expenses dedicated to direct educational services.. Low liabilities relative to assets, suggesting a strong balance sheet and fiscal prudence.. These findings are derived from AI analysis of the organization's financial filings.
How does Landmark College Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, with 'c0%' reported across all years, suggesting compensation for key personnel is below the IRS reporting threshold for Form 990, or that the organization is using a form where this is not applicable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' compensation reported, how does Landmark College attract and retain qualified leadership and staff, especially considering its substantial revenue and asset base?
The 'c0%' likely indicates that individual compensation for officers, directors, trustees, key employees, and highest compensated employees falls below the IRS reporting threshold for Form 990, or that the organization is using a form where this is not applicable. It doesn't mean no one is paid, but rather that no individual in these categories received more than the reportable amount (e.g., $100,000 for certain roles). They likely offer competitive salaries and benefits that are distributed among a larger staff, or key leadership compensation is structured in a way that avoids individual reporting thresholds on the 990.
Filing History
IRS 990 filing history for Landmark College Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Landmark College Inc's revenue has grown by 38.2%, moving from $31.5M to $43.6M. Total assets increased by 44% over the same period, from $54.6M to $78.6M. Total functional expenses rose by 31.7%, from $31.0M to $40.9M. In its most recent filing year (2023), Landmark College Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $23.7M in liabilities against $78.6M in assets (debt-to-asset ratio: 30.1%), resulting in net assets of $55.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $43.6M | $40.9M | $78.6M | $23.7M | — | View 990 |
| 2022 | $41.1M | $38.6M | $74.5M | $22.7M | — | View 990 |
| 2021 | $39.0M | $31.9M | $77.1M | $22.2M | — | View 990 |
| 2020 | $34.5M | $33.4M | $71.0M | $27.2M | — | View 990 |
| 2019 | $33.2M | $34.4M | $69.6M | $26.9M | — | View 990 |
| 2018 | $32.9M | $34.2M | $72.0M | $28.1M | — | View 990 |
| 2017 | $34.4M | $34.3M | $73.2M | $28.0M | — | View 990 |
| 2016 | $33.6M | $33.4M | $73.4M | $28.4M | — | View 990 |
| 2015 | $37.0M | $34.2M | $73.2M | $28.4M | — | View 990 |
| 2014 | $37.4M | $32.3M | $70.2M | $28.2M | — | View 990 |
| 2013 | $32.6M | $31.3M | $57.7M | $22.8M | — | View 990 |
| 2012 | $31.7M | $30.6M | $55.9M | $23.7M | — | View 990 |
| 2011 | $31.5M | $31.0M | $54.6M | $23.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43.6M, expenses of $40.9M, and assets of $78.6M (revenue +6.2% year-over-year).
- 2022: Revenue of $41.1M, expenses of $38.6M, and assets of $74.5M (revenue +5.4% year-over-year).
- 2021: Revenue of $39.0M, expenses of $31.9M, and assets of $77.1M (revenue +13.0% year-over-year).
- 2020: Revenue of $34.5M, expenses of $33.4M, and assets of $71.0M (revenue +4.0% year-over-year).
- 2019: Revenue of $33.2M, expenses of $34.4M, and assets of $69.6M (revenue +0.7% year-over-year).
- 2018: Revenue of $32.9M, expenses of $34.2M, and assets of $72.0M (revenue -4.4% year-over-year).
- 2017: Revenue of $34.4M, expenses of $34.3M, and assets of $73.2M (revenue +2.5% year-over-year).
- 2016: Revenue of $33.6M, expenses of $33.4M, and assets of $73.4M (revenue -9.2% year-over-year).
- 2015: Revenue of $37.0M, expenses of $34.2M, and assets of $73.2M (revenue -1.3% year-over-year).
- 2014: Revenue of $37.4M, expenses of $32.3M, and assets of $70.2M (revenue +14.9% year-over-year).
- 2013: Revenue of $32.6M, expenses of $31.3M, and assets of $57.7M (revenue +2.7% year-over-year).
- 2012: Revenue of $31.7M, expenses of $30.6M, and assets of $55.9M (revenue +0.6% year-over-year).
- 2011: Revenue of $31.5M, expenses of $31.0M, and assets of $54.6M.
Data Sources and Methodology
This transparency report for Landmark College Inc 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.