Lakeside Chautauqua Foundation
Lakeside Chautauqua Foundation consistently generates surpluses and grows assets with no reported officer compensation.
EIN: 204072755 · Lakeside, OH · NTEE: T11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $379K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $9.0M |
| Transparency Score | 95/100 |
Is Lakeside Chautauqua Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakeside Chautauqua Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakeside Chautauqua Foundation
Lakeside Chautauqua Foundation (EIN: 204072755) is a nonprofit organization based in Lakeside, OH, classified under NTEE code T11. The organization reported total revenue of $1.4M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakeside Chautauqua Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakeside Chautauqua Foundation is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $708K |
| Total Expenses | $379K |
| Surplus / Deficit | +$329K |
| Total Assets | $9.0M |
| Total Liabilities | $31K |
| Net Assets | $9.0M |
| Operating Margin | 46.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 285.4 months |
Financial Health Grade: A
In 2023, Lakeside Chautauqua Foundation reported a surplus of $329K with revenue exceeding expenses, holds 285.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lakeside Chautauqua Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.0% | +10.1% | -9.5% |
| 2022 | +65.3% | +13.3% | +4.7% |
| 2021 | -51.4% | +2.4% | +42.8% |
| 2020 | +27.7% | +10.3% | -5.3% |
| 2019 | +25.1% | -36.2% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lakeside Chautauqua Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lakeside Chautauqua Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $329K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filing periods, indicating that its leadership either serves on a volunteer basis or receives very minimal, unreported compensation, which is highly efficient for an organization with assets exceeding $9 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Lakeside Chautauqua Foundation:
- Consistent revenue surpluses over expenses, indicating strong financial management.
- Significant growth in net assets, from $4.3M in 2014 to over $9M in 2023, enhancing long-term capacity.
- Extremely low and stable liabilities, demonstrating financial prudence and minimal debt.
- 0% reported officer compensation across all filings, suggesting highly efficient use of funds and potentially volunteer leadership.
- Consistent IRS 990 filing history (12 filings), indicating good transparency practices.
Frequently Asked Questions about Lakeside Chautauqua Foundation
Is Lakeside Chautauqua Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakeside Chautauqua Foundation (EIN: 204072755) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Lakeside Chautauqua Foundation spend its money?
Lakeside Chautauqua Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lakeside Chautauqua Foundation tax-deductible?
Lakeside Chautauqua Foundation is registered as a tax-exempt nonprofit (EIN: 204072755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lakeside Chautauqua Foundation CEO make?
Lakeside Chautauqua Foundation's highest-compensated officer earns $9 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lakeside Chautauqua Foundation's spending goes to programs?
Lakeside Chautauqua Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lakeside Chautauqua Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Lakeside Chautauqua Foundation is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lakeside Chautauqua Foundation located?
Lakeside Chautauqua Foundation is headquartered in Lakeside, Ohio and files with the IRS under EIN 204072755. It is classified under NTEE code T11.
How many years of IRS 990 filings does Lakeside Chautauqua Foundation have?
Lakeside Chautauqua Foundation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Is Lakeside Chautauqua Foundation financially stable?
Yes, the foundation is highly financially stable, consistently reporting revenues significantly exceeding expenses and growing its assets from $4.3 million in 2014 to over $9 million in 2023, while maintaining very low liabilities.
How efficiently does Lakeside Chautauqua Foundation use its funds?
The foundation appears to be very efficient, as evidenced by its consistent surpluses, asset growth, and the reported 0% officer compensation across all filing periods, suggesting a high proportion of funds are directed towards its mission or long-term sustainability.
Does the organization have high executive compensation?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that executive leadership is either unpaid or compensated at a level not reported in this category, which is a strong indicator of financial prudence.
Has the organization's financial health improved over time?
Yes, the organization's financial health has significantly improved, with assets more than doubling from $4,396,359 in 2014 to $9,023,136 in 2023, and revenues generally trending upwards, demonstrating strong growth and sustainability.
Filing History
IRS 990 filing history for Lakeside Chautauqua Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lakeside Chautauqua Foundation's revenue has grown by 121.9%, moving from $319K to $708K. Total assets increased by 135.8% over the same period, from $3.8M to $9.0M. Total functional expenses rose by 128.2%, from $166K to $379K. In its most recent filing year (2023), Lakeside Chautauqua Foundation reported a surplus of $329K, with revenue exceeding expenses. The organization holds $31K in liabilities against $9.0M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $708K | $379K | $9.0M | $31K | — | View 990 |
| 2022 | $638K | $345K | $10.0M | $31K | — | View 990 |
| 2021 | $386K | $304K | $9.5M | $31K | — | View 990 |
| 2020 | $795K | $297K | $6.7M | $31K | — | View 990 |
| 2019 | $622K | $269K | $7.0M | $31K | — | View 990 |
| 2018 | $498K | $423K | $6.8M | $31K | — | View 990 |
| 2017 | $385K | $216K | $6.3M | $46K | — | View 990 |
| 2016 | $1.3M | $189K | $5.6M | $46K | — | View 990 |
| 2015 | $386K | $191K | $4.7M | $82K | — | View 990 |
| 2014 | $305K | $185K | $4.4M | $101K | — | View 990 |
| 2013 | $65K | $179K | $4.0M | $122K | — | View 990 |
| 2012 | $319K | $166K | $3.8M | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $708K, expenses of $379K, and assets of $9.0M (revenue +11.0% year-over-year).
- 2022: Revenue of $638K, expenses of $345K, and assets of $10.0M (revenue +65.3% year-over-year).
- 2021: Revenue of $386K, expenses of $304K, and assets of $9.5M (revenue -51.4% year-over-year).
- 2020: Revenue of $795K, expenses of $297K, and assets of $6.7M (revenue +27.7% year-over-year).
- 2019: Revenue of $622K, expenses of $269K, and assets of $7.0M (revenue +25.1% year-over-year).
- 2018: Revenue of $498K, expenses of $423K, and assets of $6.8M (revenue +29.3% year-over-year).
- 2017: Revenue of $385K, expenses of $216K, and assets of $6.3M (revenue -70.9% year-over-year).
- 2016: Revenue of $1.3M, expenses of $189K, and assets of $5.6M (revenue +242.2% year-over-year).
- 2015: Revenue of $386K, expenses of $191K, and assets of $4.7M (revenue +26.3% year-over-year).
- 2014: Revenue of $305K, expenses of $185K, and assets of $4.4M (revenue +370.0% year-over-year).
- 2013: Revenue of $65K, expenses of $179K, and assets of $4.0M (revenue -79.6% year-over-year).
- 2012: Revenue of $319K, expenses of $166K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakeside Chautauqua Foundation:
Data Sources and Methodology
This transparency report for Lakeside Chautauqua 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.