Larkspur Community Foundation

Nonprofit profile at a glance

EIN
463512067
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025, Form 990-N 2020
Location
Larkspur, CA, USA
Phone
4159245944
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$55,070
Expenses
$56,939
Assets
$125,169

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

Leadership & pay

9 people listed

Executive titles in this filing

  • LAURA ANDERSON (President)
  • JODY COKER (Vice President)

People named in this filing

  • LAURA ANDERSON (President)
  • MOLLY WUTHRICH (Treasurer)
  • KIRSTEN ABBOT (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

Launched in 2013 to support small projects and activities that will add to the quality of life of our greater community, the Larkspur Community Foundation (LCF) exists to help fulfill our communitys wish list. We raise money from local donors for projects and activities that would otherwise go unfunded, provide a tax deductible alternative for supporting worthy projects and programs the community desires, and build community by connecting volunteers with opportunities to help meet community needs. As a grant making organization, the Foundation invites donors to support community efforts and works in collaboration with civic organizations, nonprofits, local government and schools in Larkspur and neighboring areas.

What it reported doing in 2025

In 2025, the majority of our grants went to the city of Larkspur to support beautification of public spaces as well as community events such as Music in the Park, Holiday Lights, and the 4th of July parade. We also presented to the city the idea of turning a city owned vacant lot into a shared community space and expect this project could require a lot of attention and financial support from LCF for at least the next couple of years.

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
Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97%; rating input score 97
  • Program expense ratio: 93.8%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.4%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 2.2; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -8.6% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -6.1% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 97% of revenue deployed · 93.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.