Greater Lake City Community Foundation Logo

MIP Score

52

Community Building
Rural Business Development

Greater Lake City Community Foundation

Mission

The Greater Lake City Community Foundation (GLCCF) connects philanthropic resources with programs and projects for the betterment of the Lake City community. It engages in strategic grant making and initiatives to address the area's most pressing needs while fostering partnerships among different local organizations.

Basic Information

Tax-Exempt

Address

55041-0086, Lake City, Minnesota

View all Lake City charities

Founded in

2012

EIN

45-5337894

Total Assets

$379 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

New Trades Scholarship Being Established

New Trades Scholarship Being Established

Supporting students planning to enter the workforce in trades.

WeInvest 365

WeInvest 365

A giving circle where members invest a dollar a day to pool resources for community grants.

Annual Scholarship Awards Night

Annual Scholarship Awards Night

An event celebrating students receiving scholarships.

Impact Stats

Multiple scholarships awarded annually

Number of Scholarships Awarded

Scholarship Awards

Awards given to deserving graduating seniors at the annual Awards Night.

$102,000

Total Funds Raised

Five for Food Initiative

A fundraising initiative that raised over $102,000 for the Lake City Food Shelf over five years.

Past Events

Annual Scholarship Awards Night

2021-05-01

Celebration of the recipients of various scholarships awarded by the GLCCF.

Five for Food Fundraising Event

2019-02-21

Fundraising dinner held to raise money for community food projects.

Our Programs

weInvest 365

weInvest 365

A community giving initiative where members contribute $1 a day to fund local grants.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

52

44

/100

Program Expense Ratio

86.21%

18

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0

2

/20

Working Capital Ratio

10.8

20

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants85.16K89.61%
Program Services00.00%
Investment Income9.879K10.39%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue95.04K100.00%