LAKE COUNTY COMMUNITY FOUNDATION
Mission Statement
The mission of The Lake County Community Foundation is to improve the quality of life of the most vulnerable residents of the county by providing civic leadership, promoting collective philanthropy and partnering with our grant recipients. In pursuit of this mission we act as a: Catalyst by mobilizing community leadership to find and fund collaborative, innovative approaches to address Lake County’s most pressing issues Connector by maintaining in-depth knowledge of the nonprofit sector, sharing it with others and building partnerships that strengthen our community Grant Maker by leveraging the power of collective philanthropy to pool charitable dollars to achieve the greatest possible impact Steward by acting as a trusted guide of donor resources and partnering with community-minded individuals, families and organizations to ensure a legacy for charitable solutions
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
75.6% | 91.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.5% | 8.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.9% | 2.6% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
101.1 mo | 61.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.3% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
111.1% | 90.9% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
-43.6% | 2.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.2M | $3.2M | $26.6M | 75.6% | 7 |
| 2023 | $4.8M | $2.6M | $20.2M | 75.3% | 6 |
| 2022 | $7.8M | $4.0M | $17.5M | 85.3% | 5 |
| 2021 | $7.6M | $2.5M | N/A | — | 0 |
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