Human Services
(P820)
IRS Verified
DX Registered
990 on File
LAKEMARY CENTER INC
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Lakemary's Mission is to provide choices and opportunities for children and adults with special needs to maximize the freedom and control they can bring to their lives.
Financial Overview — FY 2023
$30.9M
Total Revenue
$31.6M
Total Expenses
$27.2M
Net Assets
704
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.7%
Fundraising Efficiency
188.7%
Operating Reserve
10.32x
Liability-to-Asset
16.0%
Revenue Diversification
88.2%
Executive Compensation
$380K
Compared with Peers
FY 2023
Compared with 2,996 similar organizations
(United States, Human Services, $10M–$100M in expenses), FY 2023.
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
|
85.7% | 87.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.5% | 11.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.7% | 0.2% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
188.7% | 427.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.3 mo | 6.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
16.0% | 34.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.2% | 93.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
2.1% | 6.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.7% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.4% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $30.9M | $31.6M | $27.2M | 85.7% | 704 |
| 2022 | $30.2M | $29.3M | $22.3M | 84.6% | 707 |
| 2021 | $30.6M | $29.6M | N/A | — | 860 |
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