Lake County Community Foundation Inc

Nonprofit profile at a glance

EIN
932824487
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Middletown, CA, USA
Phone
7078881657
Rating
49
Verdict
MIXED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$121,993
Expenses
$59,503
Assets
$69,490
Liabilities
$7,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • ANNETTE L KAMALONI (EXECUTIVE DI)
  • CHUCK BARRON (TRUSTEE)
  • WENDY BARRON (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of the lake county community foundation (lccf) is to support and strengthen the communities of lake county, California by promoting charitable giving, facilitating strategic partnerships, and investing in programs that address critical local needs. Lccf is committed to improving the quality of life for all residents through initiatives focused on housing, workforce development, disaster recovery, education, and community resilience. As a nonprofit public benefit organization, lccf serves as a catalyst for positive change, providing resources, leadership, and advocacy to build a stronger, more equitable lake county.

What it reported doing in 2024

Lccf actively responded to community emergencies-such as local wildfires, by distributing emergency funds to displaced families, ensuring they had access to shelter and basic needs. These accomplishments reflect our ongoing commitment to building resilience, improving quality of life, and fostering long-term economic stability for all who call lake county home.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 11
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 8.2%; rating input score 8
  • Program expense ratio: 16.8%; rating input score 17

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 51.2%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 68.9%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 8.2% of revenue deployed · 16.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 17/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.