Lakeview Light & Power is a 501(c)(12) organization based in Lakewood, Washington, registered in 1932, with $24,939,641 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$24.9M
▼ 2.1% vs prior year
Expenses (FY2024)
$16.9M
Net assets
$62.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lakeview Light & Power— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lakeview Light & Power: 44 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lakeview Light & Power— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lakeview Light & Power: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $22.8M (FY2013) to $24.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
32.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$65.7M
Total liabilities
$3.0M
Net assets
$62.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,939,641▼2.1% | $16,944,807▲7.8% | $62,676,364▼0.6% | $65,706,773▲1.9% | 990 |
| 2023 | $25,483,643▲1.0% | $15,713,149▼8.2% | $63,063,039▲14.1% | $64,477,935▲12.9% | 990 |
| 2022 | $25,225,871▲4.4% | $17,114,537▲4.0% | $55,256,111▲14.0% | $57,095,778▲13.9% | 990 |
| 2021 | $24,172,277▲0.7% | $16,452,603▲0.9% | $48,456,231▲11.5% | $50,109,948▲11.3% | 990 |
| 2020 | $24,001,679▼5.0% | $16,307,831▼0.9% | $43,453,032▲9.8% | $45,037,683▲9.1% | 990 |
| 2019 | $25,254,318▼2.9% | $16,449,047▼8.1% | $39,590,631▲15.8% | $41,291,755▲14.7% | 990 |
| 2018 | $26,019,061▼1.3% | $17,896,747▲3.0% | $34,198,382▲9.3% | $35,987,795▲8.2% | 990 |
| 2017 | $26,368,555▲5.8% | $17,368,350▲2.4% | $31,294,668▲6.0% | $33,257,820▲3.2% | 990 |
| 2016 | $24,915,074▼0.6% | $16,958,949▲1.3% | $29,536,435▲6.0% | $32,240,611▲4.5% | 990 |
| 2015 | $25,058,229▲2.6% | $16,745,086▲1.4% | $27,859,120▲1.4% | $30,841,107▲1.1% | 990 |
| 2014 | $24,417,415▲7.0% | $16,511,248▲3.6% | $27,481,990▲7.1% | $30,491,750▲4.3% | 990 |
| 2013 | $22,818,052 | $15,939,718▲0.6% | $25,648,491▲4.0% | $29,231,170▲4.2% | 990 |
| 2012 | — | $15,839,386▲5.5% | $24,669,820▼1.3% | $28,048,251▲2.7% | 990 |
| 2011 | — | $15,017,683▲0.2% | $24,989,042▼3.7% | $27,309,011▼3.0% | 990 |
| 2010 | — | $14,983,745 | $25,950,035 | $28,146,286 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Lakeview Light & Power (EIN 91-0287923) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.