Mountain Lake Community Service Inc
- Assets
- $485.2k
- Revenue
- $541.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Wales, FL
- Founding
- 08/1988
- Data as of
- 09/2022
- EIN
- 59-2868636
Organization Overview
Mountain Lake Community Service Inc is located in Lake Wales, FL. The organization was established in 1988. According to its NTEE Classification (T40) the organization is classified as: Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Lake Community Service Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Mountain Lake Community Service Inc generated $541.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $352.1k during the year ending 09/2022. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mountain Lake Community Service Inc has awarded 98 individual grants totaling $2,063,294. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT LOCAL CHARITIES BY MAKING GRANTS TO THESE ORGANIZATIONS SO THAT THEY MAY CARRY OUT THEIR CHARITABLE ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING OF SELECTED CHARITIES. RECIPIENT ORGANIZATIONS ARE SELECTED ON THE BASIS OF AN INQUIRY AND EXAMINATION MADE BY A SELECTION COMMITTEE WHICH REPORTS TO THE BOARD ABOUT THE OPERATIONS OF EACH RECOMMENDED RECIPIENT, ITS CHARITABLE OR EDUCATIONAL PURPOSE, THE HISTORY OF ITS OPERATIONS AND EFFECTIVENESS, AND ANY SPECIFIC PROJECT FOR WHICH FUNDS ARE NEEDED. AFTER A GRANT IS MADE, CONTACT IS MAINTAINED WITH THE RECIPIENT, AND THE CORPORATION KEEPS RECORDS ESTABLISHING THAT THE FUNDS ARE USED FOR THE DESIGNATED CHARITABLE PURPOSES.
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Malmgren President And Director | OfficerTrustee | 10 | $0 |
Nancy Hoyt Secretary And Director | OfficerTrustee | 2 | $0 |
Lynn Haffner Director And Vice President | OfficerTrustee | 10 | $0 |
Virginia Keyser Treasurer And Director | OfficerTrustee | 10 | $0 |
Malo Harrison Director | Trustee | 2 | $0 |
Margo Dana Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $352,274 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,774 |
| Total Program Service Revenue | $0 |
| Investment income | -$120 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $541,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $350,326 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,739 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $352,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,316 |
| Savings and temporary cash investments | $290,903 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $485,219 |
| Accounts payable and accrued expenses | $2,670 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,670 |
| Net assets without donor restrictions | $482,549 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $485,219 |
Grants Awarded
Over the last fiscal year, Mountain Lake Community Service Inc has awarded $331,326 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Lake Wales, FL PURPOSE: Charitable support | $55,266 |
Winter Haven, FL PURPOSE: Charitable support | $35,000 |
Lake Wales, FL PURPOSE: Charitable support | $35,000 |
Babson Park, FL PURPOSE: Charitable support | $25,000 |
Lakeland, FL PURPOSE: Charitable support | $25,000 |
LAKE WALES ARTS COUNCIL INC PURPOSE: Charitable support | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mountain Lake Community Service Inc has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Ussga Memorial Fund Inc Elmsford, NY PURPOSE: SCHOLARSHIP FUNDING | $10,000 |
Julien L Mccall Family Foundation Pepper Pike, OH PURPOSE: CHARITABLE | $3,000 |
James And Joanne Mitchell Foundation Inc Miami, FL PURPOSE: DONATION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Points Of Light Foundation Atlanta, GA | $22,274,538 | $18,927,753 |
Hands On Atlanta Inc Atlanta, GA | $3,169,702 | $3,040,987 |
Civitan International Birmingham, AL | $2,804,988 | $2,002,354 |
Volunteer Action Center Of Broward County Inc Fort Lauderdale, FL | $404,376 | $580,997 |
Handson River Region Montgomery, AL | $500,207 | $576,092 |
Mulberry Community Service Center Inc Mulberry, FL | $492,343 | $411,642 |
Mountain Lake Community Service Inc Lake Wales, FL | $485,219 | $541,654 |
Jonathans Landing Cares Inc Jupiter, FL | $138,665 | $333,489 |
Retired And Senior Volunteer Program Rsvp Of Athens-Limestone C Athens, AL | $301,224 | $245,657 |
Hands On Orlando Inc Winter Park, FL | $322,309 | $167,587 |
Hands On Thomas County Inc Thomasville, GA | $361,487 | $199,977 |
Volunteer Center Of Morgan County Decatur, AL | $258,310 | $163,848 |