Lake Sumter State College Foundation Inc
Leesburg, Florida
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,073,247↑16% | $2,411,918↑26% | $30,852,386↑19% | — |
| 2022 | $3,506,837↓2% | $1,916,573↑29% | $25,955,910↓11% | — |
| 2021 | $3,590,083↑33% | $1,480,998↑14% | $29,003,418↑13% | — |
| 2020 | $2,695,048↑25% | $1,295,926↑3% | $25,555,929↑14% | — |
| 2019 | $2,163,206↑11% | $1,258,091↓45% | $22,362,126↑16% | — |
| 2018 | $1,948,455↓29% | $2,285,914↑182% | $19,295,067↓7% | — |
| 2017 | $2,729,602↑70% | $809,888↓41% | $20,798,404↑25% | — |
| 2016 | $1,601,189↓23% | $1,363,214↓25% | $16,671,096↑4% | — |
| 2015 | $2,092,033↓18% | $1,820,563↑37% | $16,061,515↓5% | — |
| 2014 | $2,549,682↑20% | $1,332,903↓11% | $16,922,632↑7% | — |
| 2013 | $2,123,253↑6% | $1,492,957↑49% | $15,861,769↑15% | — |
| 2012 | $1,994,279↑2% | $1,002,108↑13% | $13,799,446↑9% | — |
| 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.