Lakewood Legacy Foundation is located in Lakewood, CO. The organization was established in 1990. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakewood Legacy Foundation 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 12/2021, Lakewood Legacy Foundation generated $122.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $104.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FUNDS TO VARIOUS CITY OF LAKEWOOD PROGRAMS FOR THE BENEFIT OF LAKEWOOD RESIDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Coughlin Trustee | 1 | $0 | |
Elizabeth Buehler Trustee | 1 | $0 | |
Lori Simpkins Vice-President | 1 | $0 | |
Eileen Schurmann President | 1 | $0 | |
Diane Duffey Secretary-Treasurer | 2 | $0 | |
Jim Curtis Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $103,400 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,876 |
Gain or Loss | $16,009 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $122,285 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $675 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $423 |
Other expenses | $3,178 |
Total expenses | $104,226 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $67,415 |
Other assets | $0 |
Total assets | $201,743 |
Total liabilities | $0 |
Net assets or fund balances | $201,743 |
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