Lake Summit Foundation
Hendersonvlle, North Carolina
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$351K
Total Revenue
📊
$89K
Total Expenses
🏦
$2.0M
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-63.3%
Year-over-year change (2021 → 2022)
Net Margin
+74.6%
Revenue minus expenses as % of revenue
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $351,179↓63% | $89,301↑10% | $2,029,291↑8% | — |
| 2021 | $957,445↑653% | $80,932↓24% | $1,873,874↑104% | — |
| 2020 | $127,073↑32% | $106,119↓81% | $919,706↑67% | — |
| 2019 | $96,420↑62% | $555,261↑722% | $550,116↓41% | — |
| 2018 | $59,670↓31% | $67,573↑69% | $939,226↓5% | — |
| 2017 | $86,966↑30% | $40,059↑2% | $984,817↑13% | — |
| 2016 | $66,717↓13% | $39,147↓39% | $874,087↑6% | — |
| 2015 | $77,072↓4% | $63,829↑63% | $826,817↓1% | — |
| 2014 | $80,535↑8% | $39,139↑10% | $833,172↑6% | — |
| 2013 | $74,413↑57% | $35,508↑53% | $786,370↑70% | — |
| 2012 | $47,262↓7% | $23,140↑6% | $463,005↑5% | — |
| 2011 | $50,682 | $21,809 | $438,883 | — |
Frequently Asked Questions
What does Lake Summit Foundation do?▼
Lake Summit Foundation is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Summit Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Summit Foundation.
How much revenue does Lake Summit Foundation generate?▼
Lake Summit Foundation reports $139K in annual revenue and holds $2.4M in total assets, based on IRS filings.
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