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THE BLUE LAGOON FOUNDATION INC

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Public IRS 990 nonprofit record

THE BLUE LAGOON FOUNDATION INC

EIN 47-5674394 · Private Grantmaking Foundations (T20)

What they do

THE BLUE LAGOON FOUNDATION INC

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$345.66spent for every $100 of revenueSpending was higher than revenue this year.
$0.29in assets for every $1 spent this yearSome assets cannot be spent right away.
91.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $498,431 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $2,000 for CHERIE WHITNEY ANDRES (TREASURER/DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$202,896
Expenses$701,327
Annual shortfall $498,431 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$202,896
Expenses$701,327
Assets$205,822
Income$202,896
Contributions$185,000
Grants given$4,954,893
Average grant$58,987
Executive compensation (total)$24,000
Accounting fees$3,500
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CHERIE WHITNEY ANDRESTREASURER/DIRECTOR · 1 hrs/week $2,000
JENNIFER FOOTESECRETARY/DIRECTOR · 1 hrs/week $2,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (4)

CHERIE WHITNEY ANDRESTREASURER/DIRECTOR

JENNIFER FOOTESECRETARY/DIRECTOR

JUDITH ROGERSVICE PRESIDENT/DIRECTOR

KEVIN REIDPRESIDENT/DIRECTOR

About this charity

Recognized since
January 2016
Location
3124 N MEADOW CT, MARIETTA, GA 30062
County
Cobb
In care of
JENNIFER FOOTE
Primary officer
JENNIFER FOOTE, SECRETARY

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990PF
Tax preparer
ALPINE MAR CPA & ADVISORS
NTEE classification
Private Grantmaking Foundations (T20)
IRS tax category
Private Grantmaking Foundations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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