Lake Community Action Agency Inc
- Assets
- $1.0m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 18
- Location
- Eustis, FL
- Founding
- 06/1966
- Data as of
- 09/2021
- EIN
- 59-1143962
Organization Overview
Lake Community Action Agency Inc is located in Eustis, FL. The organization was established in 1966. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2021, Lake Community Action Agency Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Community Action Agency 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 09/2021, Lake Community Action Agency Inc generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $2.9m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST IMPOVERISHED RESIDENTS WITH ENERGY, EDUCATIONAL AND SOCIAL ASSISTANCE WITH FUNDS OBTAINED FROM FEDERAL, STATE, AND LOCAL GOVERNMENTS, PRIVATE FOUNDATIONS, AND THE PUBLIC SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME HOME ENERGY ASSISTANCE PROGRAM (LIHEAP): ASSIST LOW INCOME HOUSEHOLDS, PARTICULARLY THOSE WITH THE LOWEST INCOMES THAT PAY A HIGH PROPORTION OF HOUSEHOLD INCOME FOR HOME ENERGY, PRIMARILY IN MEETING THEIR IMMEDIATE HOME ENERGY NEEDS. APPROXIMATELY 1,670 HOUSEHOLDS WERE ASSISTED.
COMMUNITY SERVICES BLOCK GRANT: ASSISTANCE TO LOW-INCOME INDIVIDUALS IN EMPLOYMENT, EMERGENCY SERVICES, PREVENTION OF STARVATION/MALNUTRITION, AND OTHER PROGRAMS. APPROXIMATELY 3,379 FAMILIES AND 5,826 PEOPLE SERVED.
EMERGENCY HOME REPAIR & WEATHERIZATION PROGRAMS: EMERGENCY HOME REPAIR PROGRAM AIMS TO ELIMINATE SPECIFIC HEALTH, SAFETY AND SANITARY HAZARDS FOR NEEDY RESIDENTS BY IMPROVING ELECTRICAL, PLUMBING, AND HVAC. THE WEATHERIZATION PROGRAM IS DESIGNED TO MAKE HOMES FOR NEEDY RESIDENTS MORE ENERGY EFFICIENT BY PROVIDING ATTIC AND WALL INSULATION, MINOR ROOF REPAIRS, REPLACING EXTERIOR WINDOWS AND DOORS, WINDOW CAULKING, MINOR WALL AND FLOOR REPAIRS, AND WEATHER STRIPPING. APPROXIMATELY 3 HOUSEHOLDS WERE ASSISTED.
VOLUNTEER PRE-KINDERGARTEN AND SCHOOL READINESS PROGRAM FOR APPROXIMATELY 51 CHILDREN. EXPENSES: 237,713 INCLUDING GRANTS OF 790 REVENUE 80,253 COLEMAN CENTER EXPENSES: 19,458 INCLUDING GRANTS OF 0 REVENUE 9,914
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Lowe Executive Di | Officer | 40 | $61,027 |
Patricia Phillip Director Of | Officer | 40 | $54,977 |
John H Christian President | OfficerTrustee | 2 | $0 |
Sandy Gamble Past Parliam | OfficerTrustee | 2 | $0 |
Catherine Lynum Treasurer | OfficerTrustee | 2 | $0 |
June Love Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,879,354 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,931,254 |
| Total Program Service Revenue | $90,167 |
| Investment income | $29 |
| 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 | $3,021,729 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,825,306 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,931 |
| Compensation of current officers, directors, key employees. | $23,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $501,429 |
| Pension plan accruals and contributions | $9,494 |
| Other employee benefits | $27,871 |
| Payroll taxes | $43,320 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,465 |
| Office expenses | $80,507 |
| Information technology | $26,784 |
| Royalties | $0 |
| Occupancy | $91,776 |
| Travel | $4,031 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,376 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,142 |
| Insurance | $47,148 |
| All other expenses | $5,295 |
| Total functional expenses | $2,916,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,980 |
| Savings and temporary cash investments | $78,283 |
| Pledges and grants receivable | $701,906 |
| 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 | $222,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $290 |
| Total assets | $1,005,186 |
| Accounts payable and accrued expenses | $514,826 |
| Grants payable | $124,530 |
| 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 | $19,519 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $658,875 |
| Net assets without donor restrictions | $346,311 |
| 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 | $1,005,186 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lake Community Action Agency Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Hans & Cay Jacobsen Charitable Foun Dation Inc Winter Park, FL PURPOSE: LAKE COUNTY CHILDREN'S PROGRAM | $25,000 |
Community Foundation Of South Lake County Inc Clermont, FL | | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |
Society Of St Vincent De Paul South Pinellas Inc St Petersburg, FL | $20,224,703 | $21,064,190 |
Community Service Programs Of West Alabama Inc Tuscaloosa, AL | $11,169,657 | $19,088,639 |
Catholic Charities Bureau Jacksonville, FL | $12,649,665 | $19,074,889 |
St Johns County Welfare Federation St Augustine, FL | $11,404,486 | $15,403,737 |
Coastal Georgia Area Community Action Authority Inc Brunswick, GA | $8,853,505 | $18,530,212 |
Changing Homelessness Inc Jacksonville, FL | $1,897,568 | $14,269,486 |
University Of Alabama Ophthalmology Services Foundation Birmingham, AL | $3,172,403 | $13,818,197 |
Hope Villages Of America Inc Clearwater, FL | $6,400,993 | $13,661,683 |
U S Space & Rocket Center Education Foundation Huntsville, AL | $18,280,145 | $26,134,184 |
Community Action Program Inc Pensacola, FL | $1,817,125 | $12,881,444 |
Automotive Aftermarket Association Southeast Health Fund Montgomery, AL | $888,375 | $12,395,120 |