LURLEEN B WALLACE COMMUNITY COLLEGE

ANDALUSIA, AL, 36420-1223 (334) 881-2306 Est. 1970 EIN 63-0716517

B42I - Education 990 - Public charity return 501(c)(3)

www.lbwcc.edu

Mission

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).

Grants Awarded · 3 grants

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Financials

Total Revenue

$1,184,572

Total Expenses

$436,169

Net Assets

$7,957,859

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

10+ years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 13.1%

Expenses ↓ 8.7%

Revenue Sources

Contributions 25.3% Investment 74.7%

Expense Breakdown

Program 82.8% Management 14.6% Fundraising 2.6%

Officers & Trustees (23)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,184,572 ↑	$436,169	$7,957,859
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,046,992 ↑	$477,886	$7,209,456
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$859,282 ↑	$1,792,254	$6,640,350
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$739,113 ↓	$337,334	$6,756,743
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$1,268,359 ↑	$817,404	$6,255,964
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$766,726	$614,542	$4,466,203