Charity Search / LAKE WASHINGTON SCHOOLS FOUNDATION
Philanthropy & Grantmaking (T30) IRS Verified DX Registered 990 on File

LAKE WASHINGTON SCHOOLS FOUNDATION

EIN: 55-0891792 · REDMOND, WA 98052-7817 · United States · FY 2023 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) No data yet
Reliability (20%) 81/100
Effectiveness (25%) 53/100
Impact (25%) 90/100
Financial data: FY 2025 · Scored 9/13/2026
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LAKE WASHINGTON SCHOOLS FOUNDATION logo
49
CharityAI™ Score
out of 100
Mission Statement

The Lake Washington Schools Foundation raises funds and amplifies community resources to provide students in Lake Washington School District what they need to thrive, both now and in the future.

Financial Overview — FY 2023
$878K
Annual Budget
$618K
Total Revenue
$814K
Total Expenses
$643K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.6%
Fundraising Efficiency N/A
Operating Reserve 9.48x
Liability-to-Asset 27.5%
Revenue Diversification 104.9%
Executive Compensation $105K
Compared with Peers
FY 2025
Compared with 9,363 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2025. This organization's figures are from FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.6% 90.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
5.1% 7.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
9.4% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
9.5 mo 96.7 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
27.5% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
104.9% 90.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-5.0% 10.5%
P10P90
Expense growth
Year over year expense growth
24.6% 8.2%
P10P90
Surplus margin
Surplus as a share of revenue
-31.7% 4.5%
P10P90
CharityAI™ Evaluation — 2026
49 / 100
0
Financial
81
Reliability
46
Effectiveness
85
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 81
Program Effectiveness (25%) 46
Impact & Outcomes (25%) 85

3 programs 5 staff

IRS Verified Form 990 on File 85% Data Complete
Impact
4 programs
Outcome / Program People Served Cost / Service # Completed Duration
— 35,767 $7.52 — Per Year
Youth Mental Health Support for 6 high schools. 8,898 $0.85 — Per Year
Inclusive Libraries Grant, year 5 3,529 $6.12 — Lifetime
Cleared School Meal Debt for Graduating High School seniors and other students in need. 277 $75.81 — Per Year
Geographic Reach
Local 100%
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $618K $814K $643K 85.6% 5
2022 $651K $654K $839K 84.0% 5
2021 $830K $439K N/A — 5
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Organization Details
EIN
55-0891792
State
WA
City
REDMOND
ZIP
98052-7817
Classification
T30
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2005
Foundation Code
15
Form 990
On File
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