Laurence E Tierney Educational Foundation For Concord College
EIN: 556050978 · Bluefield, WV
Is Laurence E Tierney Educational Foundation For Concord College Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laurence E Tierney Educational Foundation For Concord College
Laurence E Tierney Educational Foundation For Concord College (EIN: 556050978) is a nonprofit organization based in Bluefield, WV. The organization reported total revenue of $43K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laurence E Tierney Educational Foundation For Concord College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Laurence E Tierney Educational Foundation For Concord College 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 Laurence E Tierney Educational Foundation For Concord College 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.
Frequently Asked Questions about Laurence E Tierney Educational Foundation For Concord College
Is Laurence E Tierney Educational Foundation For Concord College a legitimate charity?
Based on AI analysis of IRS 990 filings, Laurence E Tierney Educational Foundation For Concord College (EIN: 556050978) insufficient data. 0 red flags identified, 0 strengths noted.
How does Laurence E Tierney Educational Foundation For Concord College spend its money?
Detailed spending breakdown data is not yet available for Laurence E Tierney Educational Foundation For Concord College. Check back for updated IRS 990 analysis.
Are donations to Laurence E Tierney Educational Foundation For Concord College tax-deductible?
Laurence E Tierney Educational Foundation For Concord College is registered as a tax-exempt nonprofit (EIN: 556050978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Laurence E Tierney Educational Foundation For Concord College showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Laurence E Tierney Educational Foundation For Concord College's revenue has declined by 85.3%, moving from $5K to $721. Total assets decreased by 28.3% over the same period, from $203K to $146K. Total functional expenses rose by 782.9%, from $1K to $9K. In its most recent filing year (2023), Laurence E Tierney Educational Foundation For Concord College reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $146K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $146K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $721 | $9K | $146K | $1 | — | — |
| 2022 | $5K | $10K | $154K | $1 | — | View 990 |
| 2021 | $7K | $10K | $159K | $1 | — | — |
| 2020 | $8K | $9K | $162K | $1 | — | — |
| 2019 | $5K | $10K | $164K | $0 | — | View 990 |
| 2015 | $6K | $11K | $181K | $1 | — | View 990 |
| 2014 | $7K | $11K | $186K | $1 | — | View 990 |
| 2013 | $7K | $12K | $191K | $0 | — | View 990 |
| 2012 | $6K | $14K | $195K | $0 | — | View 990 |
| 2011 | $5K | $1K | $203K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $721, expenses of $9K, and assets of $146K (revenue -84.5% year-over-year).
- 2022: Revenue of $5K, expenses of $10K, and assets of $154K (revenue -35.6% year-over-year).
- 2021: Revenue of $7K, expenses of $10K, and assets of $159K (revenue -6.5% year-over-year).
- 2020: Revenue of $8K, expenses of $9K, and assets of $162K (revenue +59.8% year-over-year).
- 2019: Revenue of $5K, expenses of $10K, and assets of $164K (revenue -18.9% year-over-year).
- 2015: Revenue of $6K, expenses of $11K, and assets of $181K (revenue -11.8% year-over-year).
- 2014: Revenue of $7K, expenses of $11K, and assets of $186K (revenue -8.8% year-over-year).
- 2013: Revenue of $7K, expenses of $12K, and assets of $191K (revenue +24.4% year-over-year).
- 2012: Revenue of $6K, expenses of $14K, and assets of $195K (revenue +21.8% year-over-year).
- 2011: Revenue of $5K, expenses of $1K, and assets of $203K.
Data Sources and Methodology
This transparency report for Laurence E Tierney Educational Foundation For Concord College 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.