THE LUZERNE FOUNDATION

EIN: 232765498 501(c)(3) Education

WILKESBARRE, PA

Total Revenue
$7,444,003
Total Expenses
$6,543,999
Total Assets
$74,484,995
Net Assets
$62,968,250
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
PA
Principal Officer
C DAVID PEDRI
Phone
5708222065
Tax Period
2024-01-01 to 2024-12-31

THE LUZERNE FOUNDATION, founded in 1994, is a community nonprofit in the Education sector that reported $7.4M in total revenue in fiscal year 2024. Expenses of $6.5M left a modest 12% surplus.

Mission

RAISES CONTRIBUTIONS FROM THE COMMUNITY TO SUPPORT CHARITABLE AND EDUCATIONAL ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,322,614
Program Service Revenue $0
Investment Income $1,827,260
Other Revenue $294,129
TOTAL REVENUE $7,444,003

Expense Breakdown

Grants Paid $4,167,265
Salaries & Benefits $740,632
Fundraising Expenses $1,368,531
Program Expenses $4,403,711
Other Expenses $1,636,102
TOTAL EXPENSES $6,543,999

Year-over-Year Comparison

2024 2023 Change
Revenue $7,444,003 $7,103,977 +0.0%
Expenses $6,543,999 $6,208,645 +0.1%
Net Income $900,004 $895,332 +0.0%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
23
Independent Members
23
Employees
8
Volunteers
30

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✓ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$361,394
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TARA MUGFORD WILSON BOARD CHAIRPERSON 0.10
Officer Director
$0 $0 $0
JOHN DOWD IMMEDIATE PAST CHAIR 0.10
Officer Director
$0 $0 $0
THOMAS MACNEELY VICE CHAIRMAN 0.10
Officer Director
$0 $0 $0
ROBERT GILL TREASURER 0.10
Officer Director
$0 $0 $0
ROB NEHER SECRETARY 0.10
Officer Director
$0 $0 $0
LAUREN ALLEN DIRECTOR 0.10
Director
$0 $0 $0
WILL BEEKMAN DIRECTOR 0.10
Director
$0 $0 $0
SHAWN CASEY DIRECTOR 0.10
Director
$0 $0 $0
LAYNE CROTHERS DIRECTOR 0.10
Director
$0 $0 $0
DEBBIE EASTWOOD DIRECTOR 0.10
Director
$0 $0 $0
JAMIE FLACK DIRECTOR 0.10
Director
$0 $0 $0
JOHN HENRY DIRECTOR 0.10
Director
$0 $0 $0
MARY HIRTHLER DIRECTOR 0.10
Director
$0 $0 $0
DAVID HOURIGAN DIRECTOR 0.10
Director
$0 $0 $0
MEGAN KENNEDY DIRECTOR 0.10
Director
$0 $0 $0
REYNA LOGSDON DIRECTOR 0.10
Director
$0 $0 $0
MALORIE MCLAUGHLIN DIRECTOR 0.10
Director
$0 $0 $0
MAUREEN METZ DIRECTOR 0.10
Director
$0 $0 $0
ALEXANDER SLOOT DIRECTOR 0.10
Director
$0 $0 $0
MADHAN SRINIVASAN DIRECTOR 0.10
Director
$0 $0 $0
BRIAN STAHL DIRECTOR 0.10
Director
$0 $0 $0
KEVIN WALSH DIRECTOR 0.10
Director
$0 $0 $0
GREG WEAVER DIRECTOR 0.10
Director
$0 $0 $0
JACKIE BROZENA DIRECTOR (UNTIL 06/30/24) 0.10
Director
$0 $0 $0
JOHN LOYACK DIRECTOR (UNTIL 06/30/24) 0.10
Director
$0 $0 $0
ROBERT KORJESKI CHIEF FINANCIAL OFFICER 3.00
Officer
$13,900 $0 $13,900
C DAVID PEDRI ESQ PRESIDENT AND CEO 45.00
Officer
$199,392 $40,609 $240,001
PAUL J OSWALD CHIEF OPERATING OFFICER 45.00
Officer
$88,577 $18,916 $107,493
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $7,444,003 $6,543,999 $74,484,995 $900,004
2023 $7,103,977 $6,208,645 $67,693,225 $895,332
2022 $20,972,961 $5,708,646 $61,439,723 $15,264,315
2021 $4,874,447 $3,229,439 $54,069,424 $1,645,008
2020 $3,733,290 $3,852,560 $46,875,033 $-119,270
2019 $18,355,213 $16,679,735 $43,359,080 $1,675,478
2018 $17,901,416 $19,051,614 $34,462,886 $-1,150,198
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE LUZERNE FOUNDATION with other nonprofits in Pennsylvania and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.