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

$6.5MRevenue
$6.4MGross Revenue
$21.5MAssets
95/100Mission Score (Excellent)
E11

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Lutheran Medical Center Foundation Financial Summary
MetricValue
Total Revenue$6.5M
Total Expenses$2.8M
Program Spending90%
CEO/Top Officer Pay$21
Net Assets$21.8M
Transparency Score95/100

Search Intent Cockpit

Lutheran Medical Center Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Lutheran Medical Center 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 Lutheran Medical Center Foundation in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $4.0M and expenses of $2.8M.

Revenue and Expenses

Lutheran Medical Center Foundation reported $4.0M in revenue and $2.8M in expenses, a surplus of $1.2M.

Executive Compensation

Top officer compensation appears as $21 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

95/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.

Is Lutheran Medical Center Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

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

Lutheran Medical Center Foundation Expense Deployment
Program services$2.5M (90%)

Across stored filings, Lutheran Medical Center Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Lutheran Medical Center Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with International Midwife Assistance IncColorado and Health context

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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.

Organization Overview

19Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Lutheran Medical Center Foundation is a mid-size 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 11.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.0M
Total Expenses$2.8M
Surplus / Deficit+$1.2M
Total Assets$21.8M
Total Liabilities$67K
Net Assets$21.8M
Operating Margin31.1%
Debt-to-Asset Ratio0.3%
Months of Reserves94.8 months

Financial Health Grade: A

In 2023, Lutheran Medical Center Foundation reported a surplus of $1.2M with revenue exceeding expenses, holds 94.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Lutheran Medical Center Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-41.0%+24.4%+14.0%
2022+108.9%-3.2%+10.1%
2021-16.4%-15.5%+15.4%
2020+34.8%-0.7%+15.8%
2019+1.4%-14.6%+15.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

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

AI Transparency Report

Lutheran Medical Center Foundation demonstrates consistent financial health with growing assets and generally positive net income over the past decade. In 2023, the organization reported revenues of $4,011,286 against expenses of $2,765,550, indicating a healthy surplus. The foundation's assets have steadily increased from $12,426,097 in 2014 to $21,848,890 in 2023, showcasing strong financial stewardship and asset growth. The absence of reported officer compensation across all available filings suggests a high degree of transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's spending efficiency appears robust, particularly given the zero reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the consistent surpluses and asset growth imply effective management of resources. The foundation's role as a supporting organization for Lutheran Medical Center suggests its primary 'program' spending would be grants or direct support to the hospital, which aligns with its NTEE code E11 (General Hospitals). The lack of officer compensation is a significant positive indicator of efficiency and donor trust. Transparency is excellent regarding executive compensation, with 0% reported for officers across all filings. Further transparency could be enhanced by providing a more granular breakdown of expenses into program, administrative, and fundraising categories in publicly available summaries, though this information is typically available in the full 990 forms. Overall, the foundation exhibits strong financial health, efficient resource management, and high transparency in executive compensation.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$4.0MTotal Revenue
$2.8MTotal Expenses
$21.8MTotal Assets
$67KTotal Liabilities
$21.8MNet Assets
  • The organization reported a surplus of $1.2M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.3%.

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?

Lutheran Medical Center Foundation (EIN: 208846152) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.5M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Lutheran Medical Center Foundation spend its money?

Lutheran Medical Center Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

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.

How much does the Lutheran Medical Center Foundation CEO make?

Lutheran Medical Center Foundation's highest-compensated officer earns $21 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Lutheran Medical Center Foundation's spending goes to programs?

Lutheran Medical Center Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Lutheran Medical Center Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Lutheran Medical Center Foundation is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Lutheran Medical Center Foundation located?

Lutheran Medical Center Foundation is headquartered in Wheat Ridge, Colorado and files with the IRS under EIN 208846152. It is classified under NTEE code E11.

How many years of IRS 990 filings does Lutheran Medical Center Foundation have?

Lutheran Medical Center 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 $6.5M in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Lutheran Medical Center Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 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 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.

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