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 12/2022, Lakewood Legacy Foundation generated $104.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $103.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 8 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
2022
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 |
---|---|---|---|
Eileen Schurmann President | 1 | $0 | |
Lori Simpkins Vice-President | 1 | $0 | |
Diane Duffey Secretary-Treasurer | 2 | $0 | |
Jim Curtis Trustee | 1 | $0 | |
Elizabeth Buehler Trustee | 1 | $0 | |
Michael Coughlin Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $101,600 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,175 |
Gain or Loss | $848 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $104,623 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,105 |
Total expenses | $103,105 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $70,914 |
Other assets | $0 |
Total assets | $178,503 |
Total liabilities | $0 |
Net assets or fund balances | $178,503 |