Financial Information for Lake Summit Foundation INC

Lake Summit Foundation INC's annual revenue was $139K in tax year 2024, reported on their IRS Form 990. They spent $130K in total expenses. 80% went to programs and services.

Financial Breakdown

What is Lake Summit Foundation INC's total annual expenses?

Lake Summit Foundation INC spent $130K in tax year 2024, according to their IRS Form 990 filing.

How much of Lake Summit Foundation INC's budget goes to programs?

Lake Summit Foundation INC spent $103K (80% of expenses) on programs and services in tax year 2024.

How much does Lake Summit Foundation INC spend on overhead?

Lake Summit Foundation INC's overhead in tax year 2024 includes administrative (20%) and fundraising (0%) of their expenses.

What is Lake Summit Foundation INC's net worth?

Lake Summit Foundation INC had net assets of $2.4M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.