Lake Country Caring Inc
Nonprofit profile at a glance
- EIN
- 391983510
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Hartland, WI, USA
- Phone
- 2623676670
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $860,204
- Expenses
- $770,989
- Assets
- $1,006,016
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- SUSAN STROMEI (PRESIDENT)
People named in this filing
- SUSAN STROMEI (PRESIDENT)
- NICOLE IRELAND (TREASURER)
- SHIRLEY HANSEN (VP OF CLIENT SERVICES)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide basic necessities at no cost to those in need.
What it reported doing in 2024
Donations of clothing, hygiene products, furniture, appliances, infant and household items are accepted, sorted and given to those in need free of charge. These items and community resource referral are provided to an average of 350 people each month who live in waukesha, Washington, dodge or jefferson county. Need is assessed upon initial intake and validated annually thereafter. It can be substantiated in a number of ways, including documented participation in state or federal programs such as the national school lunch program, Wisconsin foodshare, medicaid, badgercare, Wisconsin works or public housing assistance, a recent tax return showing household adjusted gross income of no more than 200% of the federal poverty level, or verification that the individual is a client of another nonprofit that serves low income individuals. In addition, an individual who can demonstrate that they have suffered a significant household disaster such as a fire, flood or robbery or who has proper ins documentation may qualify for an initial year of support but may not renew on that basis.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 89
- Accountability: 88
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.6%; rating input score 94
- Program expense ratio: 98.9%; rating input score 99
- Fundraising efficiency: $300.55 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.1%; rating input score 98; 46th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.4%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 1.3; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 1.7% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 93.6% of revenue deployed · 98.9% of spending went to programs
- Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $762K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.