Public & Societal Benefit
(W123)
DX Registered
990 on File
LAKE COUNTY VETERANS AND FAMILY SERVICES FOUNDATION
Financial strength (30%)
85/100
Reliability (20%)
35/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
We connect Veterans with each other and with the benefits and resources they have earned and deserve, regardless of their discharge status, 100% free of charge and confidentially.
Financial Overview — FY 2024
$184K
Total Revenue
$175K
Total Expenses
$365K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.1%
Fundraising Efficiency
N/A
Operating Reserve
25.02x
Liability-to-Asset
10.7%
Revenue Diversification
93.5%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 1,516 similar organizations
(United States, Public & Societal Benefit, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.1% | 85.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.9% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.0 mo | 8.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
10.7% | 0.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.5% | 97.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-22.6% | 9.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-25.8% | 12.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.1% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $184K | $175K | $365K | 82.1% | 3 |
| 2023 | $238K | $236K | $350K | 51.4% | 3 |
| 2022 | $233K | $261K | $333K | 57.4% | 5 |
| 2021 | $313K | $258K | N/A | — | 6 |
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