LURLEEN B WALLACE COMMUNITY COLLEGE FOUNDATION Charity Report

Public IRS 990 nonprofit record

LURLEEN B WALLACE COMMUNITY COLLEGE FOUNDATION

EIN 63-0716517 · Education (B42I)

What they do

Promote The Study and Teaching of All Subjects That May Be Offered At LBW Community College, to Receive Contributions and Funds Which Provide Gifts of Scholarships to The College for Students Who Have Been Selected By The Colleges Committee(s).

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

30.48%of revenue went to mission work82.8% of expenses · Program services

0.97%of revenue went to fundraising2.6% of expenses

$36.82spent for every $100 of revenueRevenue covered expenses this year.

5.37%of revenue went to management and office costs14.6% of expenses

$18.24in assets for every $1 spent this yearSome assets cannot be spent right away.

25.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,184,572

Mission workProgram services$361,06830.48% of revenue82.8% of expenses

ManagementOffice and general costs$63,5775.37% of revenue14.6% of expenses

FundraisingAsking for donations$11,5240.97% of revenue2.6% of expenses

Revenue left after expensesReported annual surplus$748,40363.18% of revenueShown in gray on the chart

Total expenses$436,16936.82% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.8% mission · 14.6% management · 2.6% fundraisingTotal expenses: 36.82% of revenue

2023Expense mix: 82.4% mission · 14.6% management · 3.0% fundraisingTotal expenses: 45.64% of revenue

2022Expense mix: 34.8% mission · 64.6% management · 0.6% fundraisingTotal expenses: 208.58% of revenue

2021Expense mix: 85.8% mission · 11.6% management · 2.6% fundraisingTotal expenses: 39.07% of revenue

2020Expense mix: 80.0% mission · 20.0% management · 0.0% fundraisingTotal expenses: 45.64% of revenue

2019Expense mix: 82.0% mission · 15.9% management · 2.0% fundraisingTotal expenses: 64.45% of revenue

2018Expense mix: 86.9% mission · 7.3% management · 5.8% fundraisingTotal expenses: 80.15% of revenue

2017Expense mix: 88.8% mission · 8.4% management · 2.9% fundraisingTotal expenses: 74.60% of revenue

Money in and money out

Revenue$1,184,572

Expenses$436,169

Annual surplus $748,403 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$361,068 · 82.8% of expenses

Management and office costs$63,577 · 14.6% of expenses

Fundraising$11,524 · 2.6% of expenses

See all reported dollar amounts

Revenue$1,184,572

Expenses$436,169

Assets$7,957,859

Income$1,184,572

Contributions$299,939

Mission work (program services)$361,068

Fundraising$11,524

Grants given$223,151

Average grant$223,151

Management and general$63,577

Stocks and bonds$7,735,998

Accounting fees$6,600

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (23)

DR BROCK KELLEYEX-OFFICIO MEMBER

SHON MCCLUNGEX-OFFICIO MEMBER

SAM STARRDIRECTOR

REID TAYLORPRESIDENT

MIRELA ELLIOTTDIRECTOR

MICHELLE GERLACHDIRECTOR

LIBBY COTTEREX-OFFICIO MEMBER

KYLE GANTTEX-OFFICIO

JOHNNY AUTREYDIRECTOR

JEAN THOMPSONDIRECTOR

GLENN COOPERDIRECTOR

EDDIE COOKDIRECTOR

ALLEN BURGESSDIRECTOR

DAVID ANTHONYEX-OFFICIO MEMBER

COREY BRYANDIRECTOR

COLIN HOLLOWAYDIRECTOR

CHRISSIE DUFFYEXECUTIVE DIRECTOR

CAROLYN GRAHAMDIRECTOR

BILLY BERGFELDDIRECTOR

BETSY WALKERDIRECTOR

BAYNARD WARDDIRECTOR

ASHLEY HATAWAYDIRECTOR

ANNA TILLDIRECTOR

About this charity

Recognized since: January 1978
Location: PO BOX 1311, ANDALUSIA, AL 36420-1223
County: Covington
In care of: % REID TAYLOR
Primary officer: REID TAYLOR, CPA

How to reach them

WebsiteVisit the charity’s website Phone(334) 881-2306 Officer phone(334) 222-2907

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CAPSTONE ACCOUNTING & ADVISORS LLC
NTEE classification: Education (B42I)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes