Lakewood Education Foundation

EIN: 262190892 501(c)(3) Education

Lakewood, CA

Total Revenue
$53,760
Total Expenses
$51,251
Total Assets
$59,956
Net Assets
$59,956
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
TODD ROGERS
Phone
5624963559
Tax Period
2023-07-01 to 2024-06-30

Lakewood Education Foundation, founded in 2008, is a micro nonprofit in the Education sector that reported $54K in total revenue in fiscal year 2023. Expenses of $51K left a modest 5% surplus.

Mission

Improving education for Lakewood students

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $53,760
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $53,760

Expense Breakdown

Grants Paid $27,095
Salaries & Benefits $0
Fundraising Expenses $24,156
Program Expenses $27,095
Other Expenses $24,156
TOTAL EXPENSES $51,251

Year-over-Year Comparison

2023 2022 Change
Revenue $53,760 N/A N/A
Expenses $51,251 $51,738 0.0%
Net Income $2,509 $-51,738 -1.0%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE CROFT Vice President 2.000
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $53,760 $51,251 $59,956 $2,509
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