Charity Search / LAKESHORE LEGACY PROJECT INC
Community Improvement (S20) IRS Verified DX Registered 990 on File

LAKESHORE LEGACY PROJECT INC

EIN: 88-0846252 · MUSKEGON, MI 49440-1007 · United States · FY 2024 Data
2 out of 5 31 / 100 Based on 2+ years of filings
Financial strength (30%) 50/100
Reliability (20%) 40/100
Effectiveness (25%) 33/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$111K
Total Revenue
$108K
Total Expenses
$44K
Net Assets
N/A
Employees
Revenue Sources
Program Expense Ratio 0.0%
Fundraising Efficiency N/A
Operating Reserve 4.91x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 4,298 similar organizations (United States, Community Improvement, $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
0.0% 83.7%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.9 mo 11.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 3.1%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 92.1%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
16.6% 7.1%
P10P90
Expense growth
Year over year expense growth
67.7% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
2.4% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $111K $108K $44K 0.0% —
2023 $95K $64K $42K 107.6% —
2022 $181K $170K $11K 0.0% —
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Organization Details
EIN
88-0846252
State
MI
City
MUSKEGON
ZIP
49440-1007
Classification
S20
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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