United Lutheran Seminary Endowment Foundation

United Lutheran Seminary Endowment Foundation maintains robust assets and zero liabilities, with fluctuating revenue and no reported officer compensation.

EIN: 208096718 · Gettysburg, PA · NTEE: B114 · Updated: 2026-03-28

$6.9MRevenue

$78.4MAssets

85/100Mission Score (Excellent)

B114

About United Lutheran Seminary Endowment Foundation

United Lutheran Seminary Endowment Foundation (EIN: 208096718) is a nonprofit organization based in Gettysburg, PA, classified under NTEE code B114. The organization reported total revenue of $6.9M and total assets of $78.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Lutheran Seminary Endowment Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The United Lutheran Seminary Endowment Foundation demonstrates strong financial health, primarily due to its substantial and growing asset base, which reached $78,361,642 in the latest period. The organization consistently reports zero liabilities in recent years, indicating a very stable financial position. While revenue has fluctuated significantly over the past decade, with peaks in 2019 and 2020, the foundation's core purpose as an endowment suggests that its primary financial activity revolves around asset management and distribution to support the seminary. The consistent reporting of 0% officer compensation across all filings indicates a high degree of transparency regarding executive pay, as it suggests either volunteer leadership or compensation handled through a related entity, which would warrant further investigation for complete understanding. The foundation's spending efficiency appears to be focused on its programmatic mission, as is typical for an endowment supporting an educational institution.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates United Lutheran Seminary Endowment 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, United Lutheran Seminary Endowment Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 12 filings, indicating that executive leadership either serves on a volunteer basis or is compensated through a related entity, which enhances transparency regarding direct compensation from this specific 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.

Strengths

The following positive indicators were identified for United Lutheran Seminary Endowment Foundation:

Robust and growing asset base, reaching $78,361,642 in the latest period.
Consistent reporting of zero liabilities in recent years, indicating strong financial stability.
100% transparency regarding officer compensation, consistently reported as 0%.
Long filing history (12 filings) demonstrating consistent compliance and reporting.

Frequently Asked Questions about United Lutheran Seminary Endowment Foundation

Is United Lutheran Seminary Endowment Foundation a good charity?

Based on its strong asset base ($78,361,642), consistent zero liabilities, and 0% reported officer compensation, the foundation appears to be very well-managed financially and highly transparent regarding executive pay. Its mission as an endowment suggests its primary 'charitable' activity is supporting the seminary through distributions, which is a common and effective model.

Why does revenue fluctuate so much year-to-year?

As an endowment foundation, revenue fluctuations (e.g., $26,077,693 in 2019 vs. $2,830,584 in 2023) are common and often reflect investment performance, large one-time donations, or capital gains from asset sales rather than consistent operational income.

What is the purpose of the '0% Officer Comp' reporting?

The consistent reporting of 0% officer compensation suggests that the foundation's officers are either uncompensated volunteers or their compensation is handled and reported by a related entity, such as the United Lutheran Seminary itself, rather than directly by the endowment foundation.

Filing History

IRS 990 filing history for United Lutheran Seminary Endowment Foundation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), United Lutheran Seminary Endowment Foundation's revenue has grown by 131.7%, moving from $1.2M to $2.8M. Total assets increased by 240% over the same period, from $22.0M to $74.9M. Total functional expenses rose by 354.5%, from $1.0M to $4.6M. In its most recent filing year (2023), United Lutheran Seminary Endowment Foundation reported a deficit of $1.8M, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.8M	$4.6M	$74.9M	$0	—	View 990
2022	$3.7M	$3.5M	$72.9M	$0	—	View 990
2021	$3.5M	$3.8M	$81.1M	$0	—	View 990
2020	$12.9M	$3.7M	$59.6M	$0	—	View 990
2019	$26.1M	$1.4M	$61.1M	$0	—	View 990
2018	$1.5M	$2.1M	$36.3M	$0	—	View 990
2017	$1.1M	$1.5M	$27.2M	$1.6M	—	View 990
2016	$2.6M	$1.5M	$25.0M	$1.5M	—	View 990
2015	$765K	$1.5M	$26.9M	$2.2M	—	View 990
2014	$1.1M	$1.4M	$27.3M	$2.2M	—	View 990
2013	$-142,679	$1.7M	$24.8M	$1.6M	—	View 990
2012	$1.2M	$1.0M	$22.0M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.8M, expenses of $4.6M, and assets of $74.9M (revenue -23.1% year-over-year).
2022: Revenue of $3.7M, expenses of $3.5M, and assets of $72.9M (revenue +4.9% year-over-year).
2021: Revenue of $3.5M, expenses of $3.8M, and assets of $81.1M (revenue -72.7% year-over-year).
2020: Revenue of $12.9M, expenses of $3.7M, and assets of $59.6M (revenue -50.7% year-over-year).
2019: Revenue of $26.1M, expenses of $1.4M, and assets of $61.1M (revenue +1688.4% year-over-year).
2018: Revenue of $1.5M, expenses of $2.1M, and assets of $36.3M (revenue +37.3% year-over-year).
2017: Revenue of $1.1M, expenses of $1.5M, and assets of $27.2M (revenue -58.9% year-over-year).
2016: Revenue of $2.6M, expenses of $1.5M, and assets of $25.0M (revenue +238.0% year-over-year).
2015: Revenue of $765K, expenses of $1.5M, and assets of $26.9M (revenue -30.0% year-over-year).
2014: Revenue of $1.1M, expenses of $1.4M, and assets of $27.3M.
2013: Revenue of $-142,679, expenses of $1.7M, and assets of $24.8M (revenue -111.7% year-over-year).
2012: Revenue of $1.2M, expenses of $1.0M, and assets of $22.0M.

Data Sources and Methodology

This transparency report for United Lutheran Seminary Endowment 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.