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LAKE AVENUE COMMUNITY FOUNDATION 

712 E Villa St 
Pasadena, CA 91101
www.lakeavefoundation.org

Mission and Programs

Mission

As a faith-based non-profit organization, Lake Avenue Community Foundation is unleashing the God-given potential youth & families from vulnerable communities, providing them with the tools necessary to thrive academically, emotionally, economically, & spiritually.

Programs

Program:STARS After School Program
Budget: NaN
Category:
Population Served: Children and youth (0-19 years)

Program Description:

STARS serves children and youth in grades 1-12 living in Northwest Pasadena. Students attend some of the lowest performing public schools in the State, including (but not limited to) Madison, Eliot, Washington, Wilson, and Muir. STARS focuses on individualized, comprehensive tutoring and enrichment; leadership development; relationships with positive adult role models; and parent involvement. Grounded in extensive research in youth development the curriculum focuses on 40 developmental assets needed to provide students with the skills and personal resilience needed to rise above the challenges of their environment to become educated, responsible citizens of our community.


NTEE Code

  • P30 (Children's and Youth Services)

Balance Sheet Fiscal Year Ending September 30, 2015

Total Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Assets October 1, 2014September 30, 2015Change
Cash & Equivalent$55,316$96,326$41,010
Accounts Receivable$17,933$3,984($13,949)
Pledges & Grants Receivable$30,000$0($30,000)
Receivable/Other Due to changes in the 2008 Form 990, this data is no longer reported.$0$0$0
Inventories for Sale or Use$0$0$0
Investment/Securities Due to Changes in the 2008 Form, this value now includes Publicly Traded Securities as well as Other Securities. $0$0$0
Investment/Other Due to various changes in the way this data is reported in the 2008 Form 990, it may not be possible to accurately compare this data from the 2008 form 990 against the same field on prior forms $0$0$0
Fixed Assets The 2008 form does not distinguish between LBE as investments and LBE as fixed assets. This value is equivalent to the sum of both line items on earlier forms (Part IV line 55 plus line 57). $141,779$124,071($17,708)
Other Program Related Investments is now a separate field on the new form, Part X-13(A) and (B). $2,324$8,230$5,906
Total Assets:$247,352$232,611($14,741)

LiabilitiesOctober 1, 2014September 30, 2015Change
Accounts Payable$76,271$62,742($13,529)
Grants Payable$0$0$0
Deferred Revenue$0$10,834$10,834
Loans and Notes The value on this line may now include payables to former employees, disqualified persons and unrelated third parties. $0$0$0
Tax-Exempt Bond Liabilities$0$0$0
Other Due to various changes in the way this data is reported in the 2008 Form 990, it may not be possible to accurately compare this data from the 2008 Form 990 against the same field on prior forms $0$0$0
Total Liabilities:$76,271$73,576($2,695)

Fund Balance:$171,081$159,035($12,046)
 

Basic Information

  • This organization is a 501(c)(3) Public Charity.
  • Financial information in this report is derived from the organization's September 30, 2015 Form 990.

Executive

Nancy  Stiles 

Contact

Nancy Stiles, Executive Director

Email

nancys@lakeave.org

EIN:95-4847950
Year Founded: Information not available
Ruling Year:2001
Fiscal Year End Date: September 30, 2015
Assets: $232,611
(from Sep 30, 2015 Form 990)
Income: $1,115,179
(from Sep 30, 2015 Form 990)
No. of Employees:23

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