LINCOLN LAND COMMUNITY COLLEGE FOUNDATION

EIN: 371360597 501(c)(3) Philanthropy & Grantmaking

SPRINGFIELD, IL

Total Revenue
$2,368,867
Total Expenses
$3,395,735
Total Assets
$25,666,770
Net Assets
$25,067,829
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IL
Principal Officer
KAREN SANDERS
Phone
2177862784
Tax Period
2023-07-01 to 2024-06-30

LINCOLN LAND COMMUNITY COLLEGE FOUNDATION, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.4M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $3.4M exceeded revenue, resulting in a 43% operating deficit.

Mission

CULTIVATE AND STEWARD CHARITABLE GIFTS TO ENRICH AND SUPPORT LLCC STUDENTS, PROGRAMS AND SERVICES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,346,326
Program Service Revenue $0
Investment Income $-14,659
Other Revenue $37,200
TOTAL REVENUE $2,368,867

Expense Breakdown

Grants Paid $2,996,819
Salaries & Benefits $0
Fundraising Expenses $193,634
Program Expenses $3,035,597
Other Expenses $398,916
TOTAL EXPENSES $3,395,735

Year-over-Year Comparison

2023 2022 Change
Revenue $2,368,867 $2,777,150 -0.1%
Expenses $3,395,735 $3,608,113 -0.1%
Net Income $-1,026,868 $-830,963 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
64

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
4
$183,686
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE KULEK TREASURER 2.00
Officer Director
$0 $0 $0
KAREN ZERKLE MEMBER 1.00
Director
$0 $0 $0
KARL BARNHART MEMBER 1.00
Director
$0 $0 $0
MARGARET TEAGUE CHAIR 2.00
Officer Director
$0 $0 $0
DAN WILCOXEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
PHIL BEELER MEMBER 1.00
Director
$0 $0 $0
JERRY WESLEY MEMBER 1.00
Director
$0 $0 $0
BRAD WIKE MEMBER 1.00
Director
$0 $0 $0
KEITH BRADBURY MEMBER 1.00
Director
$0 $0 $0
DANIEL HAMILTON MEMBER 1.00
Director
$0 $0 $0
JUSTIN KNOEDLER MEMBER 1.00
Director
$0 $0 $0
MIKE MENDENHALL MEMBER 1.00
Director
$0 $0 $0
JENNIFER CALL MEMBER 1.00
Director
$0 $0 $0
TOM FITCH MEMBER 1.00
Director
$0 $0 $0
LOU JOHNSON MEMBER 1.00
Director
$0 $0 $0
BOBBY KULAVIC MEMBER 1.00
Director
$0 $0 $0
ADAM PALLAI MEMBER 1.00
Director
$0 $0 $0
EARL FLACK MEMBER 1.00
Director
$0 $0 $0
DOREEN GARZA MEMBER 1.00
Director
$0 $0 $0
RACHEL PENNELL MEMBER 1.00
Director
$0 $0 $0
KAREN SANDERS EXECUTIVE DIRECTOR 40.00
Officer
$0 $19,476 $183,686
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
2025 No data No data No data No data
2024 $2,368,867 $3,395,735 $25,666,770 $-1,026,868
2023 $2,777,150 $3,608,113 $25,675,909 $-830,963
2022 $2,531,176 $3,259,926 $25,432,451 $-728,750
2021 $2,244,783 $4,690,508 $27,797,959 $-2,445,725
2020 $8,404,144 $1,633,406 $27,974,109 $6,770,738
2019 $11,254,014 $1,565,719 $21,761,947 $9,688,295
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