Lutheran Volunteer Corps EIN 02-0702016

Lutheran Volunteer Corps

EIN  02-0702016 Public charity (501(c)(3)) Washington, DC Founded 2008
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Lutheran Volunteer Corps claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Connects volunteers with service opportunities, community living, and spiritual growth.
Leadership
Cynthia Prosek · Board Chair
Money in and out
$411K revenue, $523K expenses
Bottom line
56% program efficiency

Connects volunteers with service opportunities, community living, and spiritual growth. For fiscal year 2024 it reported $411K in revenue, $523K in expenses, and $577K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$411K
Pt VIII · Ln 12
Total expenses
$523K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$111K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.36 Fundraising $0.08
Program efficiency
56%
of spending reaches programs0% vs prior filing year
Operating runway
12.1mo
months of highly liquid reserves at operating expense rate▼ -43% vs prior filing year
Surplus margin
-27%
revenue over expenses, this year▼ -23% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$411K
FY2024▲ +36%
Expenses
$523K
FY2024▲ +42%
Total assets
$595K
FY2024▼ -14%
Total liabilities
$18K
FY2024▲ +147%
Total revenue
$411K
Pt VIII · Ln 12
Total expenses
$523K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$111K
Total assetsPt X · Ln 16$595K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $292K of program spending, described in the organization's own filed words · FY2024.
01

Lutheran volunteer corps is a service year fellowship connecting fellows with social justice nonprofit partners across five U.S. Cities for a year of in-person or virtual experiences building on community, living simply and sustainably, working for peace with justice.

$292Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLutheran Volunteer Corps
EINHdr · item D02-0702016
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.lutheranvolunteercorps.org
Year of formationHdr · item L2008
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P19)
Ruling yearIRS BMFJan 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Chair
$0Pt VII · Sec A
Board Vice Chair
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A

Deirdre Bagley’s $120K as President is at the 93rd percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Deirdre Bagley$120,000$120,000$120,000$120,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lutheran Volunteer Corps executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$191K · 47%
Contributions & grants$146K · 35%
Other revenue$66K · 16%
Investment income$8K · 2%
Program service revenue47%$191K
Contributions & grants35%$146K
Other revenue16%$66K
Investment income2%$8K
Total revenueLn 12$411K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.36 Fundraising $0.08
Program services56%$292K
Management & general36%$188K
Fundraising8%$42K
Total functional expensesLn 25$523K

Balance Sheet

Part X · end of year
CashLn 1$373K
Total assetsLn 16$595K
Total liabilitiesLn 26$18K
Total net assetsLn 32$577K
Months of cash on handcomputed8.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $529K · Operating expenses/yr $523K
12.1 months
Where the money goes
Program services
Program services $292K · Total expenses $523K
56%
Management & General
Management & general $188K · Total expenses $523K
36%
Fundraising
Fundraising $42K · Total expenses $523K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $48K · Solicited contributions (3-yr avg) $151K
$0.32 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $146K · Total revenue $411K
35%
Government reliance
Government grants — · Total revenue $411K
Earned-income share
Program service revenue $191K · Total revenue $411K
47%
Investment reliance
Investment income $8K · Total revenue $411K
+2%
Program self-sufficiency
Program service revenue $191K · Total expenses $523K
37%
Growth & trend
Revenue growth (YoY)
This year $411K · Prior year $302K
+36%
Revenue CAGR
FY2019 $1.2M · FY2024 $411K
-20%
Net-asset trend (YoY)
End of year $577K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $411K · Expenses $523K
-27%
Liabilities-to-Assets
Total liabilities — · Total assets $595K
Net-asset ratio
Net assets $577K · Total assets $595K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $156K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $595K
26%
People & payroll
Highest Reported Total Compensation
Individual Cynthia Prosek · Reported title BOARD CHAIR · Highest reported compensation $0 · Total expenses $523K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $152K · Total expenses $523K
29%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 36%
Fundraising cost ratio 29%
Revenue growth 36%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$12K
See all 3 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Lutheran Volunteer Corps →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$302K revenue · ⤓ 990 PDF
FY2023$592K revenue · ⤓ 990 PDF
FY2022$904K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.