Lemoyne-owen College Alumni Foundation is a 501(c)(3) organization based in Cordova, Tennessee, registered in 2020, with $25,256 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$25K
▼ 27.9% vs prior year
Education median: $200K
Expenses (FY2022)
$27K
Net assets
$91K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lemoyne-owen College Alumni Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lemoyne-owen College Alumni Foundation: 40 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lemoyne-owen College Alumni Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lemoyne-owen College Alumni Foundation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $58K (FY2020) to $25K (FY2022) across 3 reported years.
Financial snapshot
Operating margin
-8.0%
Spent more than it raised in the latest fiscal year.
Total assets
$91K
Total liabilities
$0
Net assets
$91K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $25,256▼27.9% | $27,275 | $90,952▼2.2% | $90,952▼2.2% | 990EZ |
| 2021 | $35,032▼39.5% | — | $92,971▲60.5% | $92,971▲60.5% | 990EZ |
| 2020 | $57,947 | $9 | $57,938 | $57,938 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Lemoyne-owen College Alumni Foundation (EIN 85-2281488) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.