TPhilanthropy, Voluntarism & GrantmakingEIN: 461333280· Ruling Year: 2014

Lake Area Foundation Inc

Russell Spgs, Kentucky

BHealth Score
60B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

How This Organization Compares

Compared to 8 peers in Philanthropy, Voluntarism & Grantmaking with $100K-$1M revenue

💰
$217K
Total Revenue
📊
$45K
Total Expenses
🏦
$1.5M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+219.8%
Year-over-year change (2023 → 2024)
Net Margin
+79.2%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2024$217,134220%$45,10626%$1,545,46521%
2023$67,90376%$35,87124%$1,281,9059%
2022$278,01727%$47,01699%$1,171,20810%
2021$219,55298%$23,56716%$1,064,58649%
2020$111,00428%$27,93970%$716,62715%
2019$86,80055%$16,39845%$620,96023%
2018$193,83374%$29,65948%$504,44248%
2017$111,36323%$57,31835%$340,26819%
2016$90,7974%$42,417158%$286,22320%
2015$87,25440%$16,44662%$237,84342%
2014$145,06361%$43,82279%$167,035154%
2013$90,258$24,464$65,794

Frequently Asked Questions

What does Lake Area Foundation Inc do?

Lake Area Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Kentucky. It is classified under NTEE code T31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Area Foundation Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Area Foundation Inc.

How much revenue does Lake Area Foundation Inc generate?

Lake Area Foundation Inc reports $173K in annual revenue and holds $1.7M in total assets, based on IRS filings.

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