Nonprofit screen
Screen a listLake Street Council
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.3Mrevenue
FY2024 · +53% in 3 yrs12staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin7.1%
Months of reserve23.6mo
Revenue growth (annualized)+22.4%
Middle half of peersMedianLake Street Council
Where the money goes FY2024 · $2.1M spent
Programs$1.5M68%Management and general$453k21%Fundraising$232k11%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.1M in FY2022 and −$901k in FY2023. Cash covers 23.6 months, above the peer median of 5.5.
990 Part I and balance sheetIn its favor3
Strong governance
18 of 18 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 22% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 19% of revenue in FY2024.
990 Part VIII129funders
$1.0Ma year, last 3 years
22%from its largest funder
Funder’17’18’19’20’21’22’23Mightycause Charitable FoundationSince FY2020$780k$62k$29k$17kThe McKnight FoundationSince FY2019$55k$155k$50k$150k$150kTarget FoundationSince FY2021$230k$75k$75kPohlad Family FoundationStopped after FY2022$157k$100k$100k–Greater Twin Cities United WayOn and off$200kJohn and Denise Graves FoundationOn and off$35k$100k$55kDonor-advised giftsDonors not disclosed$30k$30k$30k$868k$1.2M$167k$135k94 other fundersUp to $150k a year each$20k$20k$899k$175k$200k$133k
FundedThrough a donor-advised fundStopped