BEducationEIN: 591990323· Ruling Year: 1981

Lake Sumter State College Foundation Inc

Leesburg, Florida

A-Health Score
79A-

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 Org11.72×
Peer Median20.77×
💰
$4.1M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$28.3M
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.2%
Year-over-year change (2022 → 2023)
Net Margin
+40.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.72
Net assets divided by total expenses
Liabilities-to-Assets
8.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,073,24716%$2,411,91826%$30,852,38619%
2022$3,506,8372%$1,916,57329%$25,955,91011%
2021$3,590,08333%$1,480,99814%$29,003,41813%
2020$2,695,04825%$1,295,9263%$25,555,92914%
2019$2,163,20611%$1,258,09145%$22,362,12616%
2018$1,948,45529%$2,285,914182%$19,295,0677%
2017$2,729,60270%$809,88841%$20,798,40425%
2016$1,601,18923%$1,363,21425%$16,671,0964%
2015$2,092,03318%$1,820,56337%$16,061,5155%
2014$2,549,68220%$1,332,90311%$16,922,6327%
2013$2,123,2536%$1,492,95749%$15,861,76915%
2012$1,994,2792%$1,002,10813%$13,799,4469%
2011$1,957,797$887,999$12,649,359

Frequently Asked Questions

What does Lake Sumter State College Foundation Inc do?

Lake Sumter State College Foundation Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B410 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Sumter State College Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lake Sumter State College Foundation Inc has a score of 79/100 (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 Lake Sumter State College Foundation Inc generate?

Lake Sumter State College Foundation Inc reports $5.5M in annual revenue and holds $34.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Florida.