Longwood University Real Estate Foundation
Longwood University Real Estate Foundation shows significant asset growth but consistent liabilities exceeding assets, with recent years' expenses outpacing revenue.
EIN: 201612906 · Farmville, VA · NTEE: B90 · Updated: 2026-03-28
Source Check Matrix
What Has Been Verified vs. What Needs Human Review
Identity resolved verified
Longwood University Real Estate Foundation is mapped to EIN 201612906.
IRS BMF exempt record needs review
Open IRS TEOS or BMF source before relying on exemption status.
IRS Pub 78 deductibility needs review
Pub 78 eligibility should be verified in IRS TEOS before money changes hands.
IRS automatic revocation needs review
Check the official auto-revocation bulk source or cached evidence before relying on current exemption.
IRS Form 990 index verified
13 stored filing years available.
Raw 990 source linked
Open ProPublica to verify the raw filing record and PDFs.
Filing depth verified
13 stored filing years available.
State charity registration manual confirmation
Open Virginia charity search; the workflow stops for human confirmation unless a stable source is cached.
Candid / GuideStar profile api pending
Candid API access is not configured; open manually and do not count as verified evidence.
Charity Navigator rating api pending
Charity Navigator API access is not configured; open manually and do not count as verified evidence.
Source and Resolution Links
Finish the Investigation Outside Our Dataset
When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.
IRS tax-exempt lookup
Verify exemption status and deductibility directly with the IRS.
IRS bulk evidence downloads
Check Pub 78, automatic revocation, 990-N, and Form 990 bulk evidence sources.
IRS EO BMF extract
Open the official Business Master File extract source for tax-exempt organization records.
ProPublica 990 source
Open the raw filing record and filing PDFs outside NonprofitSpending.
Virginia charity search
Confirm state charity registration or solicitation status where applicable.
Candid profile search
Look for GuideStar/Candid profile details, programs, leadership, and seals.
Charity Navigator search
Check whether another evaluator has ratings or impact context.
Workflow Engine
Queries We Should Resolve, Not Just Answer
Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.
Verify tax status Runnable
Triggered by: 501(c)(3), tax deductible, EIN
IRS status check plus source links
Verify official evidence Runnable
Triggered by: IRS Pub 78, BMF, revocation, 990 index, state registration
Official-source evidence matrix with human stops where a state portal must be checked.
Find source filings Runnable
Triggered by: 990 PDF, annual report, filing record
13 stored filing years plus ProPublica source
Crunch money signals Runnable
Triggered by: program expense ratio, CEO salary, revenue, grants
90% program spend, health grade C
Compare alternatives Runnable
Triggered by: best charities, similar nonprofits, compare
4 peer options surfaced
Resolve leadership and board Runnable
Triggered by: executive team, trustees, officer pay
Use 990 compensation disclosures and external profile links.
Donation decision copilot Runnable
Triggered by: should I donate, give or compare, charity safety
Eligibility, money signals, sources, peer context, and next action.
Grantmaker due diligence Runnable
Triggered by: foundation review, grant risk, grantee capacity
Foundation-style packet across filings, finances, governance, and gaps.
Impact evidence finder Runnable
Triggered by: outcomes, annual report, cost effectiveness
Separate actual impact evidence from raw 990 financial cleanliness.
Room for more funding Runnable
Triggered by: would my donation help, funding gap, marginal impact
Revenue trend, runway, surplus/deficit, and source follow-ups.
Operator transparency diagnostic Runnable
Triggered by: how does my nonprofit look to donors
Profile, filing, impact, and transparency improvements to earn trust.
| Metric | Value |
|---|---|
| Total Revenue | $36.4M |
| Total Expenses | $36.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300 |
| Net Assets | $-33,585,992 |
| Transparency Score | 85/100 |
Search Intent Cockpit
Longwood University Real Estate Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Longwood University Real Estate Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Longwood University Real Estate Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $29.6M and expenses of $36.6M.
Revenue and Expenses
Longwood University Real Estate Foundation reported $29.6M in revenue and $36.6M in expenses, a deficit of $7.0M.
Executive Compensation
Top officer compensation appears as $300 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Longwood University Real Estate Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $33.0M (90%) |
Across stored filings, Longwood University Real Estate Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with Association Of Small Business Development Centers | Virginia and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Association Of Small Business Development Centers →All Virginia nonprofits
All Education
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Farmville, VA nonprofitsEducation in Virginia
Education in Virginia
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Education spending
Best Education charities in Virginia
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
The Pharmaceutical Security Institute Inc
Vienna, VA · $1.9M revenue · Score 92/100
Compare side-by-sideAshburn Travel Hockey Inc
Ashburn, VA · $1.1M revenue · Score 92/100
Compare side-by-sideFaithworks Inc
Winchester, VA · $330K revenue · Score 90/100
Compare side-by-sideMetropolitan School Of The Arts
Alexandria, VA · $3.3M revenue · Score 88/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Longwood University Real Estate Foundation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Longwood University Real Estate Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Longwood University Real Estate Foundation
Longwood University Real Estate Foundation (EIN: 201612906) is a nonprofit organization based in Farmville, VA, classified under NTEE code B90. The organization reported total revenue of $36.4M and total assets of $298.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Longwood University Real Estate Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Longwood University Real Estate Foundation is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.6M |
| Total Expenses | $36.6M |
| Surplus / Deficit | $-6,998,026 |
| Total Assets | $301.5M |
| Total Liabilities | $335.1M |
| Net Assets | $-33,585,992 |
| Operating Margin | -23.6% |
| Debt-to-Asset Ratio | 111.1% |
| Months of Reserves | 98.7 months |
Financial Health Grade: C
In 2023, Longwood University Real Estate Foundation reported a deficit of $7.0M with expenses exceeding revenue, holds 98.7 months of operating reserves (strong position), has a debt-to-asset ratio of 111.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Longwood University Real Estate Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.0% | +13.4% | -4.1% |
| 2022 | -17.8% | +6.2% | -2.6% |
| 2021 | +7.6% | +14.5% | +18.4% |
| 2020 | +33.5% | +24.9% | +11.7% |
| 2019 | +42.1% | +31.8% | -30.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Longwood University Real Estate Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Longwood University Real Estate Foundation 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 deficit of $7.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 111.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated by Longwood University directly, which is a positive sign for donor confidence and efficient resource allocation for an organization of its size with assets exceeding $300 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 Longwood University Real Estate Foundation's IRS 990 filings:
- Consistent liabilities exceeding assets, indicating high leverage.
- Expenses exceeding revenue in the latest two reporting periods (2022 and 2023), leading to negative net income.
Strengths
The following positive indicators were identified for Longwood University Real Estate Foundation:
- Significant asset growth over the past decade, from $93 million in 2014 to over $301 million in 2023.
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and efficient use of funds for executive leadership.
- Clear focus on supporting Longwood University's mission through real estate, aligning with its NTEE code.
Frequently Asked Questions about Longwood University Real Estate Foundation
Is Longwood University Real Estate Foundation a legitimate charity?
Longwood University Real Estate Foundation (EIN: 201612906) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $36.4M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Longwood University Real Estate Foundation spend its money?
Longwood University Real Estate Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Longwood University Real Estate Foundation tax-deductible?
Longwood University Real Estate Foundation is registered as a tax-exempt nonprofit (EIN: 201612906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Longwood University Real Estate Foundation CEO make?
Longwood University Real Estate Foundation's highest-compensated officer earns $300 annually. The organization reported $36.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Longwood University Real Estate Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Longwood University Real Estate Foundation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Longwood University Real Estate Foundation located?
Longwood University Real Estate Foundation is headquartered in Farmville, Virginia and files with the IRS under EIN 201612906. It is classified under NTEE code B90.
How many years of IRS 990 filings does Longwood University Real Estate Foundation have?
Longwood University Real Estate Foundation 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 $36.4M in total revenue.
Is Longwood University Real Estate Foundation a good charity?
Given its role as a university real estate foundation, its 'charitable' nature is primarily in supporting the university's mission through real estate. The consistent 0% officer compensation and significant asset growth are positive indicators. However, the consistent liabilities exceeding assets and recent negative net income warrant further investigation into its financial strategy.
Why do liabilities consistently exceed assets?
The consistent trend of liabilities exceeding assets, such as $335 million in liabilities against $301 million in assets in 2023, suggests a significant reliance on debt financing, likely for real estate acquisitions or development. This is not uncommon for real estate entities but requires careful monitoring of debt service capacity.
What caused the recent increase in expenses relative to revenue?
In 2023, expenses were $36.6 million while revenue was $29.6 million, and in 2022, expenses were $32.3 million against $26.2 million in revenue. This trend of expenses outpacing revenue in the last two periods could be due to new development projects, increased operational costs, or a temporary dip in investment income or rental revenue.
Filing History
IRS 990 filing history for Longwood University Real Estate Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Longwood University Real Estate Foundation's revenue has grown by 391.9%, moving from $6.0M to $29.6M. Total assets increased by 475.7% over the same period, from $52.4M to $301.5M. Total functional expenses rose by 446.3%, from $6.7M to $36.6M. In its most recent filing year (2023), Longwood University Real Estate Foundation reported a deficit of $7.0M, with expenses exceeding revenue. The organization holds $335.1M in liabilities against $301.5M in assets (debt-to-asset ratio: 111.1%), resulting in net assets of $-33,585,992.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.6M | $36.6M | $301.5M | $335.1M | — | View 990 |
| 2022 | $26.2M | $32.3M | $314.2M | $340.8M | — | View 990 |
| 2021 | $31.9M | $30.4M | $322.4M | $342.9M | — | View 990 |
| 2020 | $29.6M | $26.6M | $272.2M | $294.2M | — | View 990 |
| 2019 | $22.2M | $21.3M | $243.8M | $258.4M | — | View 990 |
| 2018 | $15.6M | $16.1M | $350.9M | $368.8M | — | View 990 |
| 2017 | $12.6M | $13.1M | $219.5M | $235.4M | — | View 990 |
| 2016 | $11.6M | $11.4M | $130.7M | $150.8M | — | View 990 |
| 2015 | $9.1M | $11.0M | $117.0M | $135.0M | — | View 990 |
| 2014 | $10.2M | $11.8M | $93.0M | $109.3M | — | View 990 |
| 2013 | $7.7M | $8.6M | $93.6M | $105.5M | — | View 990 |
| 2012 | $6.1M | $8.5M | $73.8M | $89.6M | — | View 990 |
| 2011 | $6.0M | $6.7M | $52.4M | $66.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.6M, expenses of $36.6M, and assets of $301.5M (revenue +13.0% year-over-year).
- 2022: Revenue of $26.2M, expenses of $32.3M, and assets of $314.2M (revenue -17.8% year-over-year).
- 2021: Revenue of $31.9M, expenses of $30.4M, and assets of $322.4M (revenue +7.6% year-over-year).
- 2020: Revenue of $29.6M, expenses of $26.6M, and assets of $272.2M (revenue +33.5% year-over-year).
- 2019: Revenue of $22.2M, expenses of $21.3M, and assets of $243.8M (revenue +42.1% year-over-year).
- 2018: Revenue of $15.6M, expenses of $16.1M, and assets of $350.9M (revenue +24.3% year-over-year).
- 2017: Revenue of $12.6M, expenses of $13.1M, and assets of $219.5M (revenue +8.5% year-over-year).
- 2016: Revenue of $11.6M, expenses of $11.4M, and assets of $130.7M (revenue +27.8% year-over-year).
- 2015: Revenue of $9.1M, expenses of $11.0M, and assets of $117.0M (revenue -11.3% year-over-year).
- 2014: Revenue of $10.2M, expenses of $11.8M, and assets of $93.0M (revenue +32.3% year-over-year).
- 2013: Revenue of $7.7M, expenses of $8.6M, and assets of $93.6M (revenue +27.4% year-over-year).
- 2012: Revenue of $6.1M, expenses of $8.5M, and assets of $73.8M (revenue +0.6% year-over-year).
- 2011: Revenue of $6.0M, expenses of $6.7M, and assets of $52.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Longwood University Real Estate Foundation:
Data Sources and Methodology
This transparency report for Longwood University Real Estate Foundation 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.