Ken Lachance Fund Inc

Human services organization based in Schaumburg, IL.0 Exempt under §501(c)(3).

MissionTHE FUND IS ORGANIZED AND OPERATED TO PROVIDE LIMITED FINANCIAL ASSISTANCE TO CURRENT AND FORMER EMPLOYEES OF CONVERGINT TECHNOLOGIES LLC (CONVERGINT) WHO ARE IN FINANCIAL NEED OR DISTRESS. THE FUND EXISTS TO ADDRESS TEMPORARY OR SHORT TERM NEED AND DISTRESS NOT CHRONIC

Financial snapshot · TY 2024

$159K
Total revenue
$280K
Total expenses
$521K
Net assets

Financial health · TY 2024

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
22.4 months of expenses
Program efficiency
100
99.6% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Ken Lachance Fund Inc Executive Compensation | 990 Data | DoubleNine