BEducationEIN: 510146485· Ruling Year: 1975

Lorain County Community College Foundation

Elyria, Ohio

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org17.97×
Peer Median20.77×
💰
$4.0M
Total Revenue
📊
$3.3M
Total Expenses
🏦
$59.9M
Net Assets
📋
$644K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.1%
Year-over-year change (2022 → 2023)
Net Margin
+16.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
17.97
Net assets divided by total expenses
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,011,36622%$3,331,91614%$60,528,8138%
2022$5,147,9301%$2,931,6092%$56,305,47612%
2021$5,078,77118%$2,887,1939%$64,108,87424%
2020$4,308,1641%$3,168,7223%$51,573,181
2019$4,276,52013%$3,256,7198%$51,404,1951%
2018$3,771,22717%$3,001,61314%$50,986,8234%
2017$4,553,44522%$3,492,75728%$48,962,0729%
2016$5,846,29151%$4,821,43111%$45,040,0562%
2015$11,981,022193%$4,351,53218%$46,183,79820%
2014$4,092,25123%$3,682,6102%$38,409,41310%
2013$3,321,97331%$3,595,75514%$35,025,4035%
2012$2,541,21622%$3,157,93227%$33,284,0084%
2011$3,244,342$2,487,888$34,652,954

Frequently Asked Questions

What does Lorain County Community College Foundation do?

Lorain County Community College Foundation is a education nonprofit organization based in Ohio. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lorain County Community College Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Lorain County Community College Foundation has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lorain County Community College Foundation generate?

Lorain County Community College Foundation reports $8.7M in annual revenue and holds $71.0M in total assets, based on IRS filings.

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Lorain County Community College Foundation — Elyria, OH | GiveScope