Lake View Foundation FY2021 filing

Tax-deductible

Paw Paw, MI501(c)(3)EIN 38-2648600Revenue $678K in FY2021

On file with the IRSlakeviewfoundationmi.orgPo Box 508, 49079-0508 · Paw Paw, MITax-exempt since May 1986Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Providing nursing/healthcare scholarships to van buren county students.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $101K a year · 14% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
22 mo
of spending, in cash
Looks good: 21.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$72K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$678K
+4% vs prior year
Spent
$538K
To programs
96%
Net assets
$3.3M
By yearFY2020–FY2024
Revenue
$678K
FY2021▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$650K
FY2021$678K
FY2022$712K
FY2023$734K
FY2024$790K
Expenses
$538K
FY2021▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$581K
FY2021$538K
FY2022$579K
FY2023$694K
FY2024$668K
Net assets
$3.3M
FY2021▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.3M
FY2022$3.2M
FY2023$3.4M
FY2024$3.6M

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $518K Management & general 4% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Lake View Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers nursing and healthcare scholarships to Van Buren County students.

Questions for Lake View Foundation

Tap to ask. Lake View Foundation sees how many people are interested.

Your first name shows with your question. Lake View Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $518K · in their own filed words · FY2021
01

Providing scholarsips to van buren county students.

$518Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 35 grants · $763K · 2020–2024
Unitemized GrantFY2024$286,000
Western Michigan UniversityMI · FY2023$54,000
Kalamazoo Valley Community CollegeFY2023$28,000
Michigan State UniversityMI · FY2023$12,000
Lake Michigan CollegeFY2023$9,000
Kalamazoo CollegeMI · FY2023$9,000
University of KentuckyFY2023$7,000
Ferris State UniversityMI · FY2023$7,000
Glenn Oak Community CollegeNJ · FY2023$6,000
Western Michigan UniversityMI · FY2022$15,000
Kalamazoo Valley Community CollegeFY2022$13,000
Lake Michigan CollegeFY2022$7,000
Northern Michigan UniversityFY2022$6,000
See all 35 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$678K
Ln 12
Fees for servicesLn 2g$646K
Investment incomeLn 3$15K
Other incomeLn 4–11$9K
Money outPt IX
$538K
Ln 25
Programscol B$518K
Managementcol C$20K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$978K
Total assetsLn 16$3.3M
LiabilitiesLn 26$72K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7K
Government grantsLn 1e$3K
Fees for servicesLn 2g$646K
Investment incomeLn 3$15K
Other incomeLn 4–11$9K
Total revenueLn 12$678K
Assets in detailPt X, end of year
SavingsLn 2$978K
Cash and savings togetherLn 1–2$978K
InvestmentsLn 11–13$2.3M
Land, buildings, equipmentLn 10c$15K
Total assetsLn 16$3.3M
LiabilitiesLn 26$72K
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 514
VolunteersI 679
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.1M$978K
InvestmentsLn 11–13$2.0M$2.3M
Land, buildings, equipmentLn 10c$994$15K
Total assetsLn 16$3.1M$3.3M
LiabilitiesLn 26$22K$72K
Net assetsLn 32$3.1M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$167K$167K
Other salaries and wagesLn 7$142K$142K
Payroll taxesLn 10$13K$13K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$5K$4K$988
OccupancyLn 16$119K$119K
Travel and entertainment for public officialsLn 18$20$20
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$8K$5K$2K
Other expenses (24a–d)Ln 24$59K$59K
Total functional expensesLn 25$538K$518K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $790K$668K$122K$3.6M 990 PDF
FY2023 $734K$694K$40K$3.4M 990 PDF
FY2022 $712K$579K$133K$3.2M 990 PDF
FY2021 Viewing $678K$538K$140K$3.3M 990 PDF
FY2020 $650K$581K$69K$3.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $677,911 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $34,739$7,471
I-9 Program service revenuePrior year $411,862$645,833
I-10 Investment incomePrior year $202,932$15,287
I-11 Other revenuePrior year $0$9,320
I-12 Total revenuePrior year $649,533$677,911
I-13 Grants and similar amounts paidPrior year $179,300$167,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $186,193$154,771
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $215,176$216,305
I-18 Total expensesPrior year $580,669$538,076
I-19 Revenue less expensesPrior year $68,864$139,835
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $677,911 across 7 lines filed
Lines not itemized here account for $1,117 of total revenue; see the IRS return.
VIII-1e Government grants$2,839
VIII-1f All other contributions, gifts and grants$4,632
VIII-1h Total contributions, gifts and grants$7,471
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $645,833$645,833
VIII-3 Investment incomeExcluded from tax $15,287$15,287
VIII-8 Net income from fundraising eventsExcluded from tax $8,203$8,203
VIII-12 Total revenueRelated to mission $646,950 · Unrelated business $0 · Excluded from tax $23,490$677,911
Part IX · Statement of functional expenses $538,076 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $167,000$167,000
IX-7 Other salaries and wagesPrograms $142,108$142,108
IX-10 Payroll taxesPrograms $12,663$12,663
IX-11c Accounting feesManagement $11,586$11,586
IX-11g Other fees for servicesManagement $3,798$3,798
IX-12 Advertising and promotionPrograms $8,454$8,454
IX-13 Office expensesPrograms $3,952 · Management $988$4,940
IX-16 OccupancyPrograms $119,009$119,009
IX-18 Travel and entertainment for public officialsPrograms $20$20
IX-22 Depreciation, depletion and amortizationManagement $1,628$1,628
IX-23 InsurancePrograms $5,425 · Management $2,308$7,733
IX-24 Other expenses (24a–d)Programs $59,137$59,137
IX-25 Total functional expensesPrograms $517,768 · Management $20,308 · Fundraising $0$538,076
Part X · Balance sheet $3,339,808 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,073,693$977,849
X-8 Inventories for sale or useStart of year $26,845$26,845
X-10c Land, buildings and equipment, netStart of year $994$14,559
X-11 Publicly traded securitiesStart of year $2,048,054$2,320,555
X-16 Total assetsStart of year $3,149,586$3,339,808
X-17 Accounts payable and accrued expensesStart of year $21,801$72,022
X-26 Total liabilitiesStart of year $21,801$72,022
X-27 Net assets without donor restrictionsStart of year $3,127,785$3,267,786
X-32 Total net assets or fund balancesStart of year $3,127,785$3,267,786
X-33 Total liabilities and net assetsStart of year $3,149,586$3,339,808
Part XI · Reconciliation of net assets $3,267,786 net assets at year end
XI-1 Total revenue$677,911
XI-2 Total expenses$538,076
XI-3 Revenue less expenses$139,835
XI-4 Net assets at start of year$3,127,785
XI-8 Prior period adjustments$166
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,267,786

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.