LAKESHORE COMMUNITY FOUNDATION INC

EIN: 270978059 501(c)(3) Philanthropy & Grantmaking

MANITOWOC, WI

Total Revenue
$16,802,979
Total Expenses
$1,980,681
Total Assets
$115,562,778
Net Assets
$76,500,802
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
WI
Principal Officer
RACHEL E WIEGERT
Phone
9206825222
Tax Period
2024-01-01 to 2024-12-31

LAKESHORE COMMUNITY FOUNDATION INC, founded in 2009, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $16.8M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.8M, a strong 88% operating margin.

Mission

TO GATHER, GROW AND GIVE CHARITABLE FINANCIAL RESOURCES TO BENEFIT THE COMMUNITIES IT SERVES NOW AND FOR FUTURE GENERATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,031,849
Program Service Revenue $110,127
Investment Income $3,661,003
Other Revenue $0
TOTAL REVENUE $16,802,979

Expense Breakdown

Grants Paid $1,570,376
Salaries & Benefits $248,647
Fundraising Expenses $28,768
Program Expenses $1,704,453
Other Expenses $161,658
TOTAL EXPENSES $1,980,681

Year-over-Year Comparison

2024 2023 Change
Revenue $16,802,979 $13,617,516 +0.2%
Expenses $1,980,681 $1,791,149 +0.1%
Net Income $14,822,298 $11,826,367 +0.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
9

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
5
$149,350
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS ASCHENBRENNER CHAIRMAN 5.00
Officer Director
$0 $0 $0
JAMES VOPAT VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
THOMAS BARE TREASURER 2.00
Officer Director
$0 $0 $0
JANE PFEFFER SECRETARY 1.50
Officer Director
$0 $0 $0
RICHARD BALGE DIRECTOR 1.50
Director
$0 $0 $0
RANDALL OLM DIRECTOR 1.50
Director
$0 $0 $0
GRANT PAULY DIRECTOR 1.50
Director
$0 $0 $0
ALEX ALLIE DIRECTOR 2.00
Director
$0 $0 $0
PAMELA LANGAN DIRECTOR 1.50
Director
$0 $0 $0
RACHEL WIEGERT CHIEF EXECUTIVE OFFICER 50.00
Officer
$145,000 $4,350 $149,350
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 $16,802,979 $1,980,681 $115,562,778 $14,822,298
2023 $13,617,516 $1,791,149 $91,205,472 $11,826,367
2022 $7,908,496 $2,163,783 $68,694,276 $5,744,713
2021 $5,447,906 $2,442,942 $63,225,360 $3,004,964
2020 $5,804,864 $1,745,009 $53,091,226 $4,059,855
2019 $4,685,331 $1,555,210 $43,299,229 $3,130,121
2018 $6,212,603 $1,840,671 $33,795,235 $4,371,932
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LAKESHORE COMMUNITY FOUNDATION INC with other nonprofits in Wisconsin and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.