Lutheran Island Camp Foundation Incorporated

Lutheran Island Camp Foundation shows consistent asset growth and no reported officer compensation, despite fluctuating revenues.

EIN: 202404942 · Henning, MN · NTEE: X119 · Updated: 2026-03-28

$737KRevenue
$3.0MAssets
85/100Mission Score (Excellent)
X119
Lutheran Island Camp Foundation Incorporated Financial Summary
MetricValue
Total Revenue$737K
Total Expenses$469K
Program Spending80%
Net Assets$2.8M
Transparency Score85/100

Is Lutheran Island Camp Foundation Incorporated Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Lutheran Island Camp Foundation Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lutheran Island Camp Foundation Incorporated

Lutheran Island Camp Foundation Incorporated (EIN: 202404942) is a nonprofit organization based in Henning, MN, classified under NTEE code X119. The organization reported total revenue of $737K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lutheran Island Camp Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
SmallSize Classification
8Years of Filings
MixedRevenue Trajectory

Lutheran Island Camp Foundation Incorporated is a small nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 2.7%.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

Total Revenue$737K
Total Expenses$469K
Surplus / Deficit+$268K
Total Assets$3.0M
Total Liabilities$178K
Net Assets$2.8M
Operating Margin36.3%
Debt-to-Asset Ratio5.9%
Months of Reserves77.0 months

Financial Health Grade: A

In 2018, Lutheran Island Camp Foundation Incorporated reported a surplus of $268K with revenue exceeding expenses, holds 77.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).

Financial Trends

Over 8 years of filings (2011–2018), Lutheran Island Camp Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.

YearRevenue ChangeExpense ChangeAsset Change
2018-9.9%-36.4%+7.5%
2017-61.5%+25.5%+1.8%
2016+360.7%+3.9%+327.7%
2015+8.9%+21.8%-17.6%
2014-7.6%+22.1%-1.1%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Lutheran Island Camp Foundation Incorporated demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across all reported periods. The organization's latest filing shows assets of $3,011,412 against liabilities of $178,155, indicating strong financial stability. While revenue has fluctuated significantly, notably a peak of $2,123,824 in 2016 followed by a return to levels around $700,000-$800,000, the organization has consistently managed to keep expenses below revenue in most recent years, leading to asset growth. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive indicator of efficiency, though it also means less insight into leadership costs. The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent growth in assets from $640,604 in 2011 to over $3 million in 2018, despite revenue fluctuations, suggests effective financial management and potentially strong donor support or investment returns. The lack of reported officer compensation also points to a lean operational structure, which could contribute to higher program spending efficiency if other administrative costs are also low. Transparency regarding detailed expense categories would further enhance the assessment of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lutheran Island Camp Foundation Incorporated 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

According to IRS 990 filings, Lutheran Island Camp Foundation Incorporated allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

$737KTotal Revenue
$469KTotal Expenses
$3.0MTotal Assets
$178KTotal Liabilities
$2.8MNet Assets

Executive Compensation Analysis

No officer compensation has been reported across all eight filings, suggesting that executive leadership may be entirely volunteer-based or compensated below IRS reporting thresholds, which is a positive indicator for minimizing overhead costs relative to the organization's size and mission.

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 Lutheran Island Camp Foundation Incorporated's IRS 990 filings:

Strengths

The following positive indicators were identified for Lutheran Island Camp Foundation Incorporated:

Frequently Asked Questions about Lutheran Island Camp Foundation Incorporated

Is Lutheran Island Camp Foundation Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Lutheran Island Camp Foundation Incorporated (EIN: 202404942) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Lutheran Island Camp Foundation Incorporated spend its money?

Lutheran Island Camp Foundation Incorporated directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Lutheran Island Camp Foundation Incorporated tax-deductible?

Lutheran Island Camp Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 202404942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Lutheran Island Camp Foundation Incorporated's spending goes to programs?

Lutheran Island Camp Foundation Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Lutheran Island Camp Foundation Incorporated compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Lutheran Island Camp Foundation Incorporated is above average for NTEE category X119 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Lutheran Island Camp Foundation Incorporated located?

Lutheran Island Camp Foundation Incorporated is headquartered in Henning, Minnesota and files with the IRS under EIN 202404942. It is classified under NTEE code X119.

How many years of IRS 990 filings does Lutheran Island Camp Foundation Incorporated have?

Lutheran Island Camp Foundation Incorporated has 8 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 $737K in total revenue.

What caused the significant revenue spike in 2016 to over $2.1 million, and how was this revenue utilized?

The provided data shows a revenue spike to $2,123,824 in 2016, significantly higher than other years. Without further detail from the full 990, it's unclear if this was due to a large one-time donation, a capital campaign, or other extraordinary income. Expenses in that year were $588,146, indicating a substantial surplus that likely contributed to the significant asset growth observed.

How does Lutheran Island Camp Foundation manage to operate without reporting any officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that any compensation provided falls below the IRS reporting thresholds for officers, directors, trustees, and key employees. This can be a sign of strong dedication and cost-efficiency.

What are the primary program activities funded by Lutheran Island Camp Foundation?

The NTEE code X119 indicates 'Camps; Recreation & Sports, N.E.C.' which suggests the organization's primary activities revolve around operating a camp, likely with recreational and sports programs. The financial data supports an operational entity with consistent expenses and asset accumulation.

Filing History

IRS 990 filing history for Lutheran Island Camp Foundation Incorporated showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2018), Lutheran Island Camp Foundation Incorporated's revenue has grown by 20.6%, moving from $611K to $737K. Total assets increased by 370.1% over the same period, from $641K to $3.0M. Total functional expenses rose by 15.8%, from $405K to $469K. In its most recent filing year (2018), Lutheran Island Camp Foundation Incorporated reported a surplus of $268K, with revenue exceeding expenses. The organization holds $178K in liabilities against $3.0M in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $2.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2018 $737K $469K $3.0M $178K View 990
2017 $818K $738K $2.8M $126K
2016 $2.1M $588K $2.8M $185K View 990
2015 $461K $566K $644K $0 View 990
2014 $423K $465K $781K $33K View 990
2013 $458K $381K $790K $0 View 990
2012 $641K $570K $721K $9K View 990
2011 $611K $405K $641K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Lutheran Island Camp Foundation Incorporated:

2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Lutheran Island Camp Foundation Incorporated 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.

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