LAKE AREA FOUNDATION INC
RUSSELL SPGS,
Kentucky,
42642
EIN: 46-1333280
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
2384 LAKEWAY DR
42642
COUNTY
russell county, KY
IN CARE OF NAME
DONNA DIAZ
ORGANIZATIONAL OVERVIEW & RANKINGS
LAKE AREA FOUNDATION INC is a based in RUSSELL SPGS, KY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Community Foundations. Established in February 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,281,905.00, this ranks 189,830 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 1,936 out of 31,364 organizations in KY (Top 7%).
In russell county, KY, the organization ranks 8 out of 113 nonprofits by assets (Top 4%), while locally in russell spgs, it stands at 5 among 52 organizations (Top 5%).
The organization reported annual revenue of $67,903.00, ranking 454,997 nationally (Top 18%) and 5,243 in KY (Top 17%).
Within its specific NTEE classification (T31 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 4,422 similar organizations, LAKE AREA FOUNDATION INC ranks 797 in assets (Top 18%) and 1,263 in revenue (Top 29%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T31: Community Foundations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$67,903.00
FORM 990 REVENUE AMOUNT
$67,903.00
RULING DATE
02/2014
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,281,905.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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