DEL LAGOS CHARITABLE FUND

🔒

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

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

JEFFREY LAKES

Phone

6022064465

Tax Period

2024-01-01 to 2024-12-31

DEL LAGOS CHARITABLE FUND, founded in 2023, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $524K, a strong 30% operating margin.

Mission

OUTREACH PROGRAM TO ASSIST AND FOSTER POSITIVE TRANSFORMATION TO UNDERPRIVILEGED YOUNG ADULTS

Program Service Accomplishments

Program 1

Expenses: $1,101,213 Revenue: $1,712,165

RAISING CONTRIBUTIONS FROM FUNDRAISING ACTIVITIES AND PASS THROUGH FUNDS TO OTHER CHARITABLE ORGANIZATIONS

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,712,165

Program Service Revenue $0

Investment Income $17,980

Other Revenue $0

TOTAL REVENUE $1,730,145

Expense Breakdown

Grants Paid $804,867

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,101,213

Other Expenses $401,264

TOTAL EXPENSES $1,206,131

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,730,145	$2,765,140	-0.4%
Expenses	$1,206,131	$58,238	+19.7%
Net Income	$524,014	$2,706,902	-0.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY LAKES	PRESIDENT	5.00	Officer	$0	$0	$0
LORI LAKES	SECRETARY	5.00	Officer	$0	$0	$0
ELIZABETH REANEY	TREASURER	5.00	Officer	$0	$0	$0
FELIX JIMENEZ	BOARD MEMBER	2.00	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	$1,730,145	$1,206,131	$3,037,657	$524,014
2023	$2,765,140	$58,238	$2,513,643	$2,706,902