Lakewood Police Employee Assistance Foundation
Lakewood Police Employee Assistance Foundation maintains strong financial health with zero officer compensation and growing assets.
EIN: 208046352 · Lakewood, CO · NTEE: P80 · Updated: 2026-03-28
Is Lakewood Police Employee Assistance Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakewood Police Employee Assistance Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakewood Police Employee Assistance Foundation
Lakewood Police Employee Assistance Foundation (EIN: 208046352) is a nonprofit organization based in Lakewood, CO, classified under NTEE code P80. The organization reported total revenue of $138K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakewood Police Employee Assistance Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakewood Police Employee Assistance Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $75K |
| Surplus / Deficit | +$14K |
| Total Assets | $196K |
| Net Assets | $196K |
| Operating Margin | 15.9% |
| Months of Reserves | 31.4 months |
Financial Health Grade: A
In 2023, Lakewood Police Employee Assistance Foundation reported a surplus of $14K with revenue exceeding expenses, holds 31.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lakewood Police Employee Assistance Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +143.7% | +171.7% | +7.8% |
| 2022 | -17.7% | -13.5% | +5.2% |
| 2021 | -2.5% | -15.7% | +7.8% |
| 2020 | -5.8% | -20.0% | +5.1% |
| 2019 | -8.9% | +46.1% | +0.7% |
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 Lakewood Police Employee Assistance 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Lakewood Police Employee Assistance Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $14K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets growing to $195,892 in 2023.
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 Lakewood Police Employee Assistance Foundation:
- Consistent asset growth, from $132,724 in 2014 to $195,892 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Consistently reports $0 in liabilities, demonstrating strong financial management.
- Positive revenue trend, with a significant increase to $89,070 in 2023.
- Strong program focus due to minimal overhead and volunteer leadership.
Frequently Asked Questions about Lakewood Police Employee Assistance Foundation
Is Lakewood Police Employee Assistance Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lakewood Police Employee Assistance Foundation (EIN: 208046352) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Lakewood Police Employee Assistance Foundation spend its money?
Lakewood Police Employee Assistance Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lakewood Police Employee Assistance Foundation tax-deductible?
Lakewood Police Employee Assistance Foundation is registered as a tax-exempt nonprofit (EIN: 208046352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Lakewood Police Employee Assistance Foundation a good charity?
Yes, based on its IRS 990 data, the Lakewood Police Employee Assistance Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets ($195,892 in 2023), consistent revenue, and, most notably, zero officer compensation, meaning all funds are directed towards its mission and operational costs.
How efficiently does the foundation use its donations?
The foundation uses its donations very efficiently. With 0% officer compensation reported across all filings, and a significant portion of its expenses likely dedicated to programs (as is typical for employee assistance foundations), it maximizes the impact of contributions by minimizing administrative and fundraising overhead.
What is the trend in the organization's financial stability?
The organization shows a positive trend in financial stability. Its assets have consistently grown from $132,724 in 2014 to $195,892 in 2023, and it consistently reports $0 in liabilities, indicating a very stable and healthy financial position.
Filing History
IRS 990 filing history for Lakewood Police Employee Assistance Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lakewood Police Employee Assistance Foundation's revenue has grown by 131%, moving from $39K to $89K. Total assets increased by 98.1% over the same period, from $99K to $196K. Total functional expenses rose by 951.9%, from $7K to $75K. In its most recent filing year (2023), Lakewood Police Employee Assistance Foundation reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $75K | $196K | $0 | — | — |
| 2022 | $37K | $28K | $182K | $0 | — | View 990 |
| 2021 | $44K | $32K | $173K | $0 | — | View 990 |
| 2020 | $46K | $38K | $160K | $0 | — | View 990 |
| 2019 | $48K | $47K | $152K | $0 | — | View 990 |
| 2018 | $53K | $32K | $151K | $0 | — | View 990 |
| 2017 | $47K | $43K | $131K | $0 | — | View 990 |
| 2016 | $40K | $46K | $127K | $0 | — | View 990 |
| 2015 | $45K | $45K | $133K | $0 | — | View 990 |
| 2014 | $40K | $34K | $133K | $0 | — | View 990 |
| 2013 | $49K | $22K | $127K | $0 | — | View 990 |
| 2012 | $38K | $37K | $100K | $0 | — | View 990 |
| 2011 | $39K | $7K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $75K, and assets of $196K (revenue +143.7% year-over-year).
- 2022: Revenue of $37K, expenses of $28K, and assets of $182K (revenue -17.7% year-over-year).
- 2021: Revenue of $44K, expenses of $32K, and assets of $173K (revenue -2.5% year-over-year).
- 2020: Revenue of $46K, expenses of $38K, and assets of $160K (revenue -5.8% year-over-year).
- 2019: Revenue of $48K, expenses of $47K, and assets of $152K (revenue -8.9% year-over-year).
- 2018: Revenue of $53K, expenses of $32K, and assets of $151K (revenue +12.0% year-over-year).
- 2017: Revenue of $47K, expenses of $43K, and assets of $131K (revenue +18.6% year-over-year).
- 2016: Revenue of $40K, expenses of $46K, and assets of $127K (revenue -11.1% year-over-year).
- 2015: Revenue of $45K, expenses of $45K, and assets of $133K (revenue +13.2% year-over-year).
- 2014: Revenue of $40K, expenses of $34K, and assets of $133K (revenue -18.8% year-over-year).
- 2013: Revenue of $49K, expenses of $22K, and assets of $127K (revenue +29.6% year-over-year).
- 2012: Revenue of $38K, expenses of $37K, and assets of $100K (revenue -2.1% year-over-year).
- 2011: Revenue of $39K, expenses of $7K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakewood Police Employee Assistance Foundation:
Data Sources and Methodology
This transparency report for Lakewood Police Employee Assistance 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.