Philanthropy & Grantmaking
(T30)
IRS Verified
DX Registered
990 on File
EAST LAKE FOUNDATION INC
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the East Lake Foundation (ELF) is to provide families of The Villages of East Lake and students and families of the Charles R. Drew Charter School with the tools to build a better life for themselves and future generations through quality education, affordable housing, job readiness and connections with the broader community.
Financial Overview — FY 2023
$13.4M
Total Revenue
$12.6M
Total Expenses
$68.2M
Net Assets
15
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.2%
Fundraising Efficiency
56.5%
Operating Reserve
64.73x
Liability-to-Asset
2.0%
Revenue Diversification
90.0%
Executive Compensation
$517K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $13.4M | $12.6M | $68.2M | 89.2% | 15 |
| 2022 | $11.9M | $12.7M | $66.6M | 90.6% | 14 |
| 2021 | $30.4M | $7.4M | N/A | — | 14 |
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