Lakewood Aliveinc
Nonprofit profile at a glance
- EIN
- 550793987
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Lakewood, OH, USA
- Phone
- 2165210655
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $711,742
- Expenses
- $703,051
- Assets
- $891,107
- Liabilities
- $40,859
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- JULIE WARREN (PRESIDENT)
Highest reported compensation
- IAN ANDREWS (FRMR EXEC DI): $89,458 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lakewoodalive is a community centered non-profit that fosters and sustains vibrant neighborhoods.
What it reported doing in 2024
2025 program service acomplishments are as follows: housing lakewoodalive's housing programming helps residents maintain safe, healthy homes, with a focus on low-to-moderate income households. Services include aging in place support, city-funded and volunteer home repair coordination, bed bug assistance, contractor referrals, application support for repair funding, the lakewood toolbox, the knowing your home educational series, paint lakewood, and seasonal services such as yard clean-ups, leaf raking, and snow shoveling. Small business support lakewoodalive strengthens the local economy by supporting small businesses and commercial districts, serving as a fiscal sponsor and partner to bunts to birdtown, downtown lakewood business alliance, uptown lakewood, and west end lakewood. In collaboration with business owners, the city of lakewood, and the chamber of commerce, lakewoodalive provides business development guidance, connects entrepreneurs to professional services, supports access to funding, and advances beautification, property resources, and tenant- landlord relationships. Events lakewoodalive produces annual events that bring the community together, support local businesses, and create meaningful, accessible experiences for residents and visitors. Signature events, including the birdtown picnic, front porch concert series, lakewood summer meltdown, spooky pooch parade, lakewood chocolate walk, and light up lakewood, activate public spaces and foster connection across lakewood and the greater northeast Ohio region.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.8%; rating input score 79
- Program expense ratio: 78.9%; rating input score 79
- Fundraising efficiency: $8.64 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.2%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 12.7%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 6.5% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 8.1% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 78.8% of revenue deployed · 78.9% of spending went to programs
- Governance: 23 of 23 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $555K in reported program spending
- Leadership: top reported pay $89K · 25 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 40/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.