Logan Community Developmentfoundation Inc
Logan Community Developmentfoundation shows strong asset growth and zero liabilities with fluctuating revenue and no officer compensation.
EIN: 205899329 · Logan, KS · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $145K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 92/100 |
Is Logan Community Developmentfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Logan Community Developmentfoundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Logan Community Developmentfoundation Inc
Logan Community Developmentfoundation Inc (EIN: 205899329) is a nonprofit organization based in Logan, KS, classified under NTEE code S30. The organization reported total revenue of $308K and total assets of $450K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logan Community Developmentfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Logan Community Developmentfoundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $302K |
| Total Expenses | $145K |
| Surplus / Deficit | +$156K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 51.8% |
| Months of Reserves | 101.3 months |
Financial Health Grade: A
In 2023, Logan Community Developmentfoundation Inc reported a surplus of $156K with revenue exceeding expenses, holds 101.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Logan Community Developmentfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.1% | +5.2% | +14.6% |
| 2022 | +111.8% | -15.6% | +24.8% |
| 2021 | -70.9% | -18.6% | +0.2% |
| 2020 | +533.8% | +23.7% | +75.7% |
| 2019 | -50.3% | +11.6% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Logan Community Developmentfoundation Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Logan Community Developmentfoundation Inc 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:
- The organization reported a surplus of $156K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with assets over $1 million.
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 Logan Community Developmentfoundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, which could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Logan Community Developmentfoundation Inc:
- Consistent asset growth, reaching $1,227,261 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial management.
- 0% officer compensation reported, demonstrating efficient use of funds and potential volunteer leadership.
- Expenses are consistently lower than revenue in most recent years, leading to surplus and asset accumulation.
Frequently Asked Questions about Logan Community Developmentfoundation Inc
Is Logan Community Developmentfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Logan Community Developmentfoundation Inc (EIN: 205899329) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Logan Community Developmentfoundation Inc spend its money?
Logan Community Developmentfoundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Logan Community Developmentfoundation Inc tax-deductible?
Logan Community Developmentfoundation Inc is registered as a tax-exempt nonprofit (EIN: 205899329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Logan Community Developmentfoundation Inc CEO make?
Logan Community Developmentfoundation Inc's highest-compensated officer earns $1 annually. The organization reported $308K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Logan Community Developmentfoundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Logan Community Developmentfoundation Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Logan Community Developmentfoundation Inc located?
Logan Community Developmentfoundation Inc is headquartered in Logan, Kansas and files with the IRS under EIN 205899329. It is classified under NTEE code S30.
How many years of IRS 990 filings does Logan Community Developmentfoundation Inc have?
Logan Community Developmentfoundation Inc 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 $308K in total revenue.
Is Logan Community Developmentfoundation Inc a good charity?
Based on the available IRS 990 data, Logan Community Developmentfoundation Inc appears to be a very good charity. It exhibits strong financial health with growing assets and zero liabilities, consistent program spending, and excellent transparency regarding executive compensation (0%).
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, particularly in asset growth, from $144,526 in 2014 to $1,227,261 in 2023. While revenue has been volatile, expenses have been managed consistently, and liabilities have remained at zero.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, suggesting a volunteer-driven leadership model or that compensation is structured in a way that does not fall under 'officer compensation' on the 990 form. This is a strong indicator of efficient use of funds.
Filing History
IRS 990 filing history for Logan Community Developmentfoundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Logan Community Developmentfoundation Inc's revenue has grown by 276.2%, moving from $80K to $302K. Total assets increased by 1214.3% over the same period, from $93K to $1.2M. Total functional expenses rose by 102%, from $72K to $145K. In its most recent filing year (2023), Logan Community Developmentfoundation Inc reported a surplus of $156K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $302K | $145K | $1.2M | $0 | — | View 990 |
| 2022 | $351K | $138K | $1.1M | $0 | — | View 990 |
| 2021 | $166K | $164K | $858K | $1 | — | View 990 |
| 2020 | $570K | $201K | $856K | $0 | — | — |
| 2019 | $90K | $163K | $487K | $0 | — | View 990 |
| 2018 | $181K | $146K | $560K | $0 | — | View 990 |
| 2017 | $161K | $197K | $525K | $0 | — | View 990 |
| 2016 | $136K | $134K | $560K | $0 | — | View 990 |
| 2015 | $489K | $75K | $559K | $0 | — | View 990 |
| 2014 | $106K | $73K | $145K | $0 | — | View 990 |
| 2013 | $81K | $75K | $112K | $0 | — | View 990 |
| 2012 | $104K | $92K | $105K | $0 | — | View 990 |
| 2011 | $80K | $72K | $93K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $302K, expenses of $145K, and assets of $1.2M (revenue -14.1% year-over-year).
- 2022: Revenue of $351K, expenses of $138K, and assets of $1.1M (revenue +111.8% year-over-year).
- 2021: Revenue of $166K, expenses of $164K, and assets of $858K (revenue -70.9% year-over-year).
- 2020: Revenue of $570K, expenses of $201K, and assets of $856K (revenue +533.8% year-over-year).
- 2019: Revenue of $90K, expenses of $163K, and assets of $487K (revenue -50.3% year-over-year).
- 2018: Revenue of $181K, expenses of $146K, and assets of $560K (revenue +11.9% year-over-year).
- 2017: Revenue of $161K, expenses of $197K, and assets of $525K (revenue +18.5% year-over-year).
- 2016: Revenue of $136K, expenses of $134K, and assets of $560K (revenue -72.2% year-over-year).
- 2015: Revenue of $489K, expenses of $75K, and assets of $559K (revenue +363.4% year-over-year).
- 2014: Revenue of $106K, expenses of $73K, and assets of $145K (revenue +29.7% year-over-year).
- 2013: Revenue of $81K, expenses of $75K, and assets of $112K (revenue -21.4% year-over-year).
- 2012: Revenue of $104K, expenses of $92K, and assets of $105K (revenue +29.2% year-over-year).
- 2011: Revenue of $80K, expenses of $72K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Logan Community Developmentfoundation Inc:
Data Sources and Methodology
This transparency report for Logan Community Developmentfoundation 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.