Lake View Foundation
Nonprofit profile at a glance
- EIN
- 821192655
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2020
- Location
- Lake View, IA, USA
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $171,805
- Expenses
- $76,413
- Assets
- $115,062
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Jim Millenacker (President)
- Brent Mueggenberg (Vice President)
People named in this filing
- Jim Millenacker (President)
- Brent Mueggenberg (Vice President)
- Judy Miller (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 assist with civic projects within the City of Lake View, IA
What it reported doing in 2025
Assistance to American Legion for window replacement
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 92
- Sustainability: 73
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.5%; rating input score 43
- Program expense ratio: 97.8%; rating input score 98
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 55.5%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 71; 71st 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: 21.8% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 43.5% of revenue deployed · 97.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $75K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 43/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.