Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Lake Technical College Inc.
990 • Fiscal year 2016 • EIN 20-0940772
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.50x
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Balance Sheet
Assets
Up$10,212,288
Up $1,282,192 (+14%) from 2015
Net Assets
Up$5,130,515
Up $156,197 (+3.1%) from 2015
Liabilities
Up$5,081,773
Up $1,125,995 (+28%) from 2015
Revenue And Expenses
Revenue
Down$9,118,806
Down $1,061,381 (-10%) from 2015
Expenses
Down$8,863,487
Down $358,328 (-3.9%) from 2015
Net Income
Down$255,319
Down $703,053 (-73%) from 2015
Historical Trend
Filing Detail Status
This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
Mission and Program Overview
Mission
To meet the educational needs of the community by offering a variety of high quality vocational and technical training opportunities for high school and adult students. The college is a post secondary technical college.
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $10,212,288
- Liabilities
- $5,081,773
- Net assets
- $5,130,515
- Revenue
- $9,118,806
- Expenses
- $8,863,487
- Net income
- $255,319