Luzerne County Community College Foundation Inc
Luzerne County Community College Foundation: Strong Asset Growth, Moderate Program Spending
EIN: 222482796 · Nanticoke, PA · NTEE: B41 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.0M |
| Program Spending | 60% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $9.0M |
| Transparency Score | 75/100 |
Is Luzerne County Community College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Luzerne County Community College Foundation Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Luzerne County Community College Foundation Inc
Luzerne County Community College Foundation Inc (EIN: 222482796) is a nonprofit organization based in Nanticoke, PA, classified under NTEE code B41. The organization reported total revenue of $2.6M and total assets of $10.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Luzerne County Community College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Luzerne County Community College Foundation Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$293K |
| Total Assets | $9.2M |
| Total Liabilities | $140K |
| Net Assets | $9.0M |
| Operating Margin | 22.2% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 107.5 months |
Financial Health Grade: A
In 2023, Luzerne County Community College Foundation Inc reported a surplus of $293K with revenue exceeding expenses, holds 107.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Luzerne County Community College Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.0% | -5.6% | +5.5% |
| 2022 | +45.9% | +30.8% | -14.4% |
| 2021 | +45.2% | +24.9% | +14.7% |
| 2020 | -5.7% | +9.2% | +14.9% |
| 2019 | +19.9% | -8.4% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Luzerne County Community College Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Luzerne County Community College Foundation Inc allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $293K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer board or that compensation is handled by the college directly rather than the foundation.
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 Luzerne County Community College Foundation Inc's IRS 990 filings:
- Program spending, while the largest category, could be higher relative to administrative and fundraising costs given the foundation's mission.
- Lack of detailed narrative on program achievements makes it difficult to fully assess impact.
Strengths
The following positive indicators were identified for Luzerne County Community College Foundation Inc:
- Consistent growth in assets, reaching $10,482,597 in 2023, demonstrates strong financial stewardship.
- Low liabilities reported across all years, with $139,727 in 2023, indicates good financial health.
- Consistent revenue generation, with $1,315,428 in 2023, supports ongoing operations and growth.
Frequently Asked Questions about Luzerne County Community College Foundation Inc
Is Luzerne County Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Luzerne County Community College Foundation Inc (EIN: 222482796) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Luzerne County Community College Foundation Inc spend its money?
Luzerne County Community College Foundation Inc directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Luzerne County Community College Foundation Inc tax-deductible?
Luzerne County Community College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222482796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Luzerne County Community College Foundation Inc CEO make?
Luzerne County Community College Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Luzerne County Community College Foundation Inc's spending goes to programs?
Luzerne County Community College Foundation Inc directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Luzerne County Community College Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Luzerne County Community College Foundation Inc is above average for NTEE category B41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Luzerne County Community College Foundation Inc located?
Luzerne County Community College Foundation Inc is headquartered in Nanticoke, Pennsylvania and files with the IRS under EIN 222482796. It is classified under NTEE code B41.
How many years of IRS 990 filings does Luzerne County Community College Foundation Inc have?
Luzerne County Community College Foundation 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 $2.6M in total revenue.
What does Luzerne County Community College Foundation Inc do?
Luzerne County Community College Foundation Inc is a nonprofit organization in the Education sector, located in Nanticoke, Pennsylvania. It is classified under NTEE code B41.
How much revenue does Luzerne County Community College Foundation Inc have?
Luzerne County Community College Foundation Inc reported total revenue of $2,554,308. Based on 13 IRS 990 filings on record.
What are Luzerne County Community College Foundation Inc's total assets?
Luzerne County Community College Foundation Inc holds total assets of $10,482,597 as reported in IRS 990 filings.
Where is Luzerne County Community College Foundation Inc located?
Luzerne County Community College Foundation Inc is based in Nanticoke, Pennsylvania.
What is Luzerne County Community College Foundation Inc's EIN?
Luzerne County Community College Foundation Inc's Employer Identification Number (EIN) is 222482796. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Luzerne County Community College Foundation Inc?
Luzerne County Community College Foundation Inc is classified under NTEE code B41 (Education).
Is Luzerne County Community College Foundation Inc a registered 501(c)(3)?
Yes, Luzerne County Community College Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222482796.
Does Luzerne County Community College Foundation Inc file IRS Form 990?
Yes, Luzerne County Community College Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Luzerne County Community College Foundation Inc's revenue in 2023?
In the 202306 filing period, Luzerne County Community College Foundation Inc reported total revenue of $1,315,428, total expenses of $1,022,848, and net assets of $9,165,207.
Is Luzerne County Community College Foundation Inc's revenue growing or declining?
Luzerne County Community College Foundation Inc's revenue is declining. Revenue went from $1,566,581 (202206) to $1,315,428 (202306), a -16.0% change. Based on 13 filings on record.
What is Luzerne County Community College Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Luzerne County Community College Foundation Inc covers tax period 202306. It shows revenue of $1,315,428, expenses of $1,022,848, total assets of $9,165,207, and liabilities of $139,727.
How much does Luzerne County Community College Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Luzerne County Community College Foundation Inc allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Luzerne County Community College Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Luzerne County Community College Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Luzerne County Community College Foundation Inc?
The following concerns were identified: Program spending, while the largest category, could be higher relative to administrative and fundraising costs given the foundation's mission.. Lack of detailed narrative on program achievements makes it difficult to fully assess impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Luzerne County Community College Foundation Inc's strengths?
Positive indicators for Luzerne County Community College Foundation Inc include: Consistent growth in assets, reaching $10,482,597 in 2023, demonstrates strong financial stewardship.. Low liabilities reported across all years, with $139,727 in 2023, indicates good financial health.. Consistent revenue generation, with $1,315,428 in 2023, supports ongoing operations and growth.. These findings are derived from AI analysis of the organization's financial filings.
How does Luzerne County Community College Foundation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer board or that compensation is handled by the college directly rather than the foundation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the foundation ensure its mission is being met without direct compensation to its leadership, and what is the relationship with the college regarding operational support?
The reported $0 executive compensation suggests either a fully volunteer board or that the college covers these costs. Understanding the operational agreement with Luzerne County Community College is crucial to assess the true administrative overhead and leadership structure.
Given the significant asset growth, what specific strategies are in place to translate this financial strength into increased direct program support for students and the college?
While assets have grown substantially, the spending breakdown indicates a moderate proportion for programs. A deeper dive into how these assets are leveraged for scholarships, grants, or other direct support would clarify the foundation's impact strategy.
Filing History
IRS 990 filing history for Luzerne County Community College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Luzerne County Community College Foundation Inc's revenue has declined by 22.9%, moving from $1.7M to $1.3M. Total assets increased by 99.3% over the same period, from $4.6M to $9.2M. Total functional expenses rose by 1.6%, from $1.0M to $1.0M. In its most recent filing year (2023), Luzerne County Community College Foundation Inc reported a surplus of $293K, with revenue exceeding expenses. The organization holds $140K in liabilities against $9.2M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.0M | $9.2M | $140K | — | View 990 |
| 2022 | $1.6M | $1.1M | $8.7M | $376K | — | View 990 |
| 2021 | $1.1M | $828K | $10.1M | $790K | — | View 990 |
| 2020 | $740K | $663K | $8.8M | $1.2M | — | View 990 |
| 2019 | $785K | $607K | $7.7M | $1K | — | View 990 |
| 2018 | $655K | $663K | $7.4M | $0 | — | View 990 |
| 2017 | $654K | $553K | $7.2M | $10K | — | View 990 |
| 2016 | $785K | $709K | $7.0M | $16K | — | View 990 |
| 2015 | $724K | $556K | $7.0M | $26K | — | View 990 |
| 2014 | $734K | $548K | $6.9M | $5K | — | View 990 |
| 2013 | $1.6M | $542K | $6.3M | $85K | — | View 990 |
| 2012 | $621K | $983K | $5.1M | $111K | — | View 990 |
| 2011 | $1.7M | $1.0M | $4.6M | $225K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.0M, and assets of $9.2M (revenue -16.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.1M, and assets of $8.7M (revenue +45.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $828K, and assets of $10.1M (revenue +45.2% year-over-year).
- 2020: Revenue of $740K, expenses of $663K, and assets of $8.8M (revenue -5.7% year-over-year).
- 2019: Revenue of $785K, expenses of $607K, and assets of $7.7M (revenue +19.9% year-over-year).
- 2018: Revenue of $655K, expenses of $663K, and assets of $7.4M (revenue +0.1% year-over-year).
- 2017: Revenue of $654K, expenses of $553K, and assets of $7.2M (revenue -16.7% year-over-year).
- 2016: Revenue of $785K, expenses of $709K, and assets of $7.0M (revenue +8.5% year-over-year).
- 2015: Revenue of $724K, expenses of $556K, and assets of $7.0M (revenue -1.4% year-over-year).
- 2014: Revenue of $734K, expenses of $548K, and assets of $6.9M (revenue -54.9% year-over-year).
- 2013: Revenue of $1.6M, expenses of $542K, and assets of $6.3M (revenue +161.6% year-over-year).
- 2012: Revenue of $621K, expenses of $983K, and assets of $5.1M (revenue -63.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.0M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Luzerne County Community College Foundation Inc:
Data Sources and Methodology
This transparency report for Luzerne County Community College Foundation 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.