Lakewood Ranch Community Foundation Inc

Nonprofit profile at a glance

EIN
853772547
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-N 2022
Location
Lakewood Ranch, FL, USA
Phone
9412086799
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$222,327
Expenses
$292,958
Assets
$1,529,376
Liabilities
$7,506

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • JEFF TOALE (PRESIDENT)
  • KEITH PANDELOGLOU (VICE PRESIDENT)
  • MARK CLARK (PAST PRESIDENT)
  • KATE MULLIGAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KATE MULLIGAN (EXECUTIVE DIRECTOR): $125,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is, enhancing the quality of life in our communities by responding to the needs, granting funds, and building lasting relationships. Through our vetting process, we assure that donations are going to those making a positive impact. Over the past 25+ years, we have given more than $1.7 million to 160 deserving nonprofits.

What it reported doing in 2025

The vision of the organization is to use the power of giving to serve our community. The organization has three main programs that help support the funds which are used to distribute grants to nonprofits; builders give back program, community business partners, and friends of the foundation. 1. The builders give back program was spearheaded by the organization, lakewood ranch communities (visionary developer of lakewood ranch) and select premier builders. Currently there are ten builders in the program and for every new home closing, the builder makes a $100 donation to the community foundation in the resident's name. Lakewood ranch communities matches the donations up to $10,000. Through the program, the focus is to introduce new homeowners to the vibrant tradition of local philanthropy and gain their commitment to volunteer and open the door2. The community business partners program provides an opportunity for local businesses to support the organization through annual donations. The local businesses may participate and serve on committees, host events for grant recipients, support and be involved in the major events and activities of the year. 3. The friends of the foundation program is a monthly giving opportunity for individuals to support the organization's vision and mission. This is also a positive way for community individuals to become more involved with the organization.in addition, the volunteer platform program is a way to find the perfect opportunity for individuals to volunteer and for nonprofit organizations to showcase what they do and what type of volunteerism is needed. This automated platform can bring the two entities together and create a lasting relationship. This is yet another way to open the door

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 67
  • Accountability: 74
  • Sustainability: 33
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.3%; rating input score 67
  • Program expense ratio: 51%; rating input score 51
  • Fundraising efficiency: $1.13 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 86.7%; rating input score 87; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 23%; rating input score 23; 42nd 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; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: -31.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 5.22; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 42.7%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 10% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: -99.1% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 67.3% of revenue deployed · 51% of spending went to programs
  • Governance: 12 of 12 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $150K in reported program spending
  • Leadership: top reported pay $125K · 15 people listed
  • Consistency: 26 of 28 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 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 — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Transparency & Controls: Grant itemization coverage scored 23/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 6/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.