Lake Region Community Fund
Nonprofit profile at a glance
- EIN
- 450357957
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025
- Location
- Devils Lake, ND, USA
- Phone
- 7012302677
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Federated Giving Programs
Reported finances
- Revenue
- $106,427
- Expenses
- $102,660
- Assets
- $74,075
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- CHRIS WAHL (PRESIDENT)
People named in this filing
- CHRIS WAHL (PRESIDENT)
- HEIDI BECKER (VICE PRESIDE)
- JENNIFER PFLAUM (SECRETARY)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide financial support to local non-profit agencies
What it reported doing in 2025
The lake region community fund (lrcf) is a volunteer-led nonprofit organization committed to improving the quality of life throughout the lake region. Consistent with its mission, lrcf identifies community needs and directs locally raised funds to support programs and services that provide meaningful, lasting beneift to individuals and families. During the reporting period, lrcf continued its role as a community grant maker by distributing funds to qualified nonprofit organizations delivering essential health, human services, and community-based programs. All grantmaking activities are guided by a commitment to responsible stewardship, transparency, and measurable community impact. As reflected in this form 990, the organization maintains its focus on ensuring that contributions are used effectively to address local needs, strengthen nonprofit capacity, and enhance overall community wellbeing. Lrcf remains dedicated to serving as a trusted partner in philanthropy by connecting donors with opportunities to make a lasting difference in the lake region.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.8%; rating input score 73
- Program expense ratio: 75.4%; rating input score 75
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: 3.5%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 9.4% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: -4.4% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 72.8% of revenue deployed · 75.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $77K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.