Lutheran Medical Center Foundation
Lutheran Medical Center Foundation consistently grows assets with zero reported officer compensation.
EIN: 208846152 · Wheat Ridge, CO · NTEE: E11 · Updated: 2026-03-28
Is Lutheran Medical Center Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lutheran Medical Center Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lutheran Medical Center Foundation
Lutheran Medical Center Foundation (EIN: 208846152) is a nonprofit organization based in Wheat Ridge, CO, classified under NTEE code E11. The organization reported total revenue of $6.5M and total assets of $21.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lutheran Medical Center Foundation'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 Lutheran Medical Center Foundation with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lutheran Medical Center Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the foundation, which is highly unusual for an organization of its size with assets exceeding $21 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 Lutheran Medical Center Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in summary data (though likely available in full 990)
Strengths
The following positive indicators were identified for Lutheran Medical Center Foundation:
- Consistent asset growth (from $12.4M in 2014 to $21.8M in 2023)
- Zero reported officer compensation across all filings
- Generally positive net income/surpluses in most years
- Strong financial health and stability
- Low liabilities relative to assets in recent years (e.g., $67,096 liabilities vs. $21.8M assets in 2023)
Frequently Asked Questions about Lutheran Medical Center Foundation
Is Lutheran Medical Center Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lutheran Medical Center Foundation (EIN: 208846152) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Lutheran Medical Center Foundation spend its money?
Lutheran Medical Center Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lutheran Medical Center Foundation tax-deductible?
Lutheran Medical Center Foundation is registered as a tax-exempt nonprofit (EIN: 208846152). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lutheran Medical Center Foundation a good charity?
Based on the provided data, Lutheran Medical Center Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and notably reports 0% officer compensation, suggesting a high dedication to its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has consistently improved, with assets growing from $12,426,097 in 2014 to $21,848,890 in 2023. Revenue has also shown a general upward trend, with significant surpluses in most years, such as $1,245,736 in 2023 and $4,579,951 in 2022.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it indicates that the foundation's leadership is either unpaid, compensated by an affiliated entity (like the hospital it supports), or that all compensation falls below the reporting threshold for officers. This practice maximizes the funds available for the foundation's mission and demonstrates a strong commitment to efficiency and donor dollars.
Filing History
IRS 990 filing history for Lutheran Medical Center Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lutheran Medical Center Foundation's revenue has grown by 265.3%, moving from $1.1M to $4.0M. Total assets increased by 1096.5% over the same period, from $1.8M to $21.8M. Total functional expenses rose by 209.1%, from $895K to $2.8M. In its most recent filing year (2023), Lutheran Medical Center Foundation reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $67K in liabilities against $21.8M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $21.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $2.8M | $21.8M | $67K | — | — |
| 2022 | $6.8M | $2.2M | $19.2M | $181K | — | — |
| 2021 | $3.3M | $2.3M | $17.4M | $803K | — | View 990 |
| 2020 | $3.9M | $2.7M | $15.1M | $296K | — | — |
| 2019 | $2.9M | $2.7M | $13.0M | $680K | — | View 990 |
| 2018 | $2.8M | $3.2M | $11.3M | $447K | — | View 990 |
| 2017 | $2.7M | $1.5M | $12.2M | $83K | — | View 990 |
| 2016 | $2.4M | $1.8M | $11.1M | $562K | — | View 990 |
| 2015 | $1.8M | $2.0M | $13.7M | $3.7M | — | View 990 |
| 2014 | $1.7M | $1.5M | $12.4M | $2.2M | — | View 990 |
| 2013 | $9.4M | $1.5M | $11.6M | $1.8M | — | View 990 |
| 2012 | $912K | $840K | $2.0M | $121K | — | View 990 |
| 2011 | $1.1M | $895K | $1.8M | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $2.8M, and assets of $21.8M (revenue -41.0% year-over-year).
- 2022: Revenue of $6.8M, expenses of $2.2M, and assets of $19.2M (revenue +108.9% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.3M, and assets of $17.4M (revenue -16.4% year-over-year).
- 2020: Revenue of $3.9M, expenses of $2.7M, and assets of $15.1M (revenue +34.8% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.7M, and assets of $13.0M (revenue +1.4% year-over-year).
- 2018: Revenue of $2.8M, expenses of $3.2M, and assets of $11.3M (revenue +6.7% year-over-year).
- 2017: Revenue of $2.7M, expenses of $1.5M, and assets of $12.2M (revenue +11.7% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.8M, and assets of $11.1M (revenue +31.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.0M, and assets of $13.7M (revenue +8.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.5M, and assets of $12.4M (revenue -82.3% year-over-year).
- 2013: Revenue of $9.4M, expenses of $1.5M, and assets of $11.6M (revenue +935.3% year-over-year).
- 2012: Revenue of $912K, expenses of $840K, and assets of $2.0M (revenue -16.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $895K, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Lutheran Medical Center 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.