Overview
What is Lake County Community Fund?
Lake County Community Fund (LCCF) is a nonprofit organization established to bolster resources for Lake County, primarily supporting local non-profits. Their vision envisions Lake County as a thriving community with a wealth of sustainable philanthropic resources. The LCCF's mission includes expanding local organizations' capacities, promoting giving opportunities, and inspiring investment in Lake County. They achieve this by capturing philanthropic dollars from individuals, businesses, and foundations, supporting existing non-profits and worthy causes, and making grants while providing capacity-building services to Lake County's current non-profits. Their fiscal sponsorship and capacity-building efforts include housing seven fiscal sponsored funds in the previous year. Overall, LCCF functions as a local convener, offering trainings, technical assistance, and events to enhance philanthropic resources in Lake County.
Official website here: www.lakecountycommunityfund.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Lake County Community Fund has received a Three-Star rating from Charity Navigator, indicating a generally favorable performance in terms of accountability and finance. The organization scored particularly well in its Accountability & Finance category, achieving an impressive 90% score, which reflects strong governance practices, including a fully independent board and no material diversion of assets. Additionally, the high program expense ratio of 96.33% suggests that the majority of its funds are directed toward its mission-related programs.
In the Culture & Community category, the fund scored 81%. While the organization demonstrates a commitment to equity strategies, it lacks certain policies such as a conflict of interest policy and a whistleblower policy, which impacted its overall score. The absence of these policies may raise concerns regarding transparency and internal governance, indicating areas for improvement.
Overall, the Lake County Community Fund is positioned as a responsible nonprofit with a strong commitment to its mission. However, addressing the noted policy gaps could enhance its effectiveness and public trust. The organization’s strong financial practices are commendable, but it may benefit from increasing its focus on internal policies that support a robust governance framework.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lake County Community Fund?
Lake County Community Fund is starting to build its presence, currently without an official rating but has received a couple of reviews on Facebook. The sentiment from the reviewers is quite positive, indicating a strong belief in the organization's mission. One reviewer emphasized that the fund provides a straightforward way to assist the local community, reflecting a sense of ease and accessibility in supporting their initiatives.
Overall, even with limited reviews, there's a clear enthusiasm for the nonprofit's role in enhancing community well-being. It appears that individuals appreciate the effort to foster positive change in their area. As the organization continues to grow, more feedback will help shed light on its impact and effectiveness, but the current sentiment bodes well for its potential.
This AI summary has been generated from reviews found on Facebook.
Is Lake County Community Fund legitimate?
Lake County Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake County Community Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $67,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lakecountycommunityfund.org/
What is the mission statement of Lake County Community Fund?
The Lake County Community Fund (LCCF) is a nonprofit organization established with the goal of enhancing resources for the community, particularly local non-profit organizations. Their vision envisions Lake County as a place with ample sustainable philanthropic resources, contributing to a thriving community. The LCCF's mission is to facilitate this by expanding the capacity of local organizations, promoting giving opportunities, and encouraging investment in the community. They achieve this by encouraging donations from individuals, businesses, and foundations, inviting eligible charities to apply for grant funding, and providing capacity-building services to existing non-profits in the area. In essence, the LCCF aims to attract philanthropic dollars, support existing non-profits, and bolster the capacity of existing Lake County non-profits.
Official website here: www.lakecountycommunityfund.org/
Who is the CEO of Lake County Community Fund?
John Mcmurtry is the Executive Di of Lake County Community Fund.
Official website here: www.lakecountycommunityfund.org/
What is the revenue of Lake County Community Fund?
Lake County Community Fund's revenue in 2022 was $495,119.
Official website here: www.lakecountycommunityfund.org/
Who are the executives of Lake County Community Fund and what are their salaries?
The average compensation at Lake County Community Fund during 2022 was $67,124. There is 1 employee and 20 volunteers at Lake County Community Fund.
Here are 9 key members and their salaries:
- Compensation: $67,124
- Related: $0
- Other: $2,014
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lakecountycommunityfund.org/
Where can I find the form 990 for Lake County Community Fund?
Lake County Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakecountycommunityfund.org/
Learn more at the official website: www.lakecountycommunityfund.org/
Mission Statement of Lake County Community Fund
The Lake County Community Fund (LCCF) is a nonprofit organization established with the goal of bringing additional resources into Lake County to support the community, particularly local non-profit organizations. The vision of LCCF is to establish a thriving community in Lake County with an abundance of sustainable philanthropic resources. To achieve this, the LCCF's mission is to provide a means to expand the capacity of local organizations, promote giving opportunities, and inspire investment in Lake County. This is done by encouraging donations from individuals, businesses, and foundations, and inviting charities in Leadville and Twin Lakes to apply for grant funding to further their missions. The LCCF aims to capture philanthropic dollars from people and organizations who love Leadville, support existing non-profits and worthy causes in Lake County, and make grants and provide capacity-building services to existing Lake County non-profits.
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Impact
July, 2024
The Lake County Community Fund's impact can be seen through its efforts to bring additional resources into Lake County to support the community, including local nonprofit organizations. By expanding the capacity of local organizations, promoting giving opportunities, and inspiring investment in Lake County, the fund aims to create a thriving community with sustainable philanthropic resources. Through encouraging donations from individuals, businesses, and foundations, as well as providing grant funding to charities in Leadville and Twin Lakes, the Lake County Community Fund plays a crucial role in supporting existing nonprofits and worthy causes in the region. In addition, the fund offers fiscal sponsorship and capacity-building efforts, housing several fiscal sponsored funds and providing training and technical assistance to local charitable groups. Overall, the Lake County Community Fund's mission to capture philanthropic dollars, support nonprofits, and provide grants and capacity-building services contributes significantly to the growth and well-being of Lake County.
This information is meant to be a general summary of Lake County Community Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$53,891
- Program Service Revenue: $260,945
- Gross Receipts: $495,119
Assets and Liabilities:
- Total Assets: $790,539
- Total Liabilities: $39,365
- Net Assets: $751,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOCAL PHILANTHROPIC ASSISTANC
Revenue
$256,095
FEES
Revenue
$4,850
Organization Details
Founding Year
2016
Phone
(719) 293-3396Principal Officer
John Mcmurtry
Main Address
PO BOX 477, LEADVILLE, CO, 80461
NTEE Category
Code: T31 - Philanthropy
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