Lake View Foundation
EIN: 821192655 · Lake View, IA · NTEE: S12
| Metric | Value |
|---|---|
| Total Revenue | $305K |
| Total Expenses | $63K |
| Net Assets | $552K |
Is Lake View Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake View Foundation
Lake View Foundation (EIN: 821192655) is a nonprofit organization based in Lake View, IA, classified under NTEE code S12. The organization reported total revenue of $305K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake View Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake View Foundation is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 122.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $457K |
| Total Expenses | $63K |
| Surplus / Deficit | +$394K |
| Total Assets | $552K |
| Net Assets | $552K |
| Operating Margin | 86.2% |
| Months of Reserves | 105.1 months |
Financial Health Grade: A
In 2024, Lake View Foundation reported a surplus of $394K with revenue exceeding expenses, holds 105.1 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2022–2024), Lake View Foundation's revenue has grown at a compound annual growth rate (CAGR) of 122.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +367.6% | +566.3% | +248.9% |
| 2023 | +5.9% | -81.8% | +126.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1278 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake View Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lake View Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $394K, with revenue exceeding expenses.
Frequently Asked Questions about Lake View Foundation
Is Lake View Foundation a legitimate charity?
Lake View Foundation (EIN: 821192655) is a registered tax-exempt nonprofit based in Iowa. It has 3 years of IRS 990 filings on record. Total revenue: $305K. No red flags identified. Financial health grade: A.
How does Lake View Foundation spend its money?
Lake View Foundation reported $305K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lake View Foundation tax-deductible?
Lake View Foundation is registered as a tax-exempt nonprofit (EIN: 821192655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake View Foundation located?
Lake View Foundation is headquartered in Lake View, Iowa and files with the IRS under EIN 821192655. It is classified under NTEE code S12.
How many years of IRS 990 filings does Lake View Foundation have?
Lake View Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $305K in total revenue.
Filing History
IRS 990 filing history for Lake View Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Lake View Foundation's revenue has grown by 395.4%, moving from $92K to $457K. Total assets increased by 689% over the same period, from $70K to $552K. Total functional expenses rose by 21%, from $52K to $63K. In its most recent filing year (2024), Lake View Foundation reported a surplus of $394K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $457K | $63K | $552K | $0 | — | — |
| 2023 | $98K | $9K | $158K | $0 | — | View 990 |
| 2022 | $92K | $52K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $457K, expenses of $63K, and assets of $552K (revenue +367.6% year-over-year).
- 2023: Revenue of $98K, expenses of $9K, and assets of $158K (revenue +5.9% year-over-year).
- 2022: Revenue of $92K, expenses of $52K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake View Foundation:
Data Sources and Methodology
This transparency report for Lake View Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.