Civic Intelligence

Central Lakes College Foundation

990 • Fiscal year 2020 • EIN 23-7007111

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

Organization ProfileWWW.CLCMN.EDU/SCHOLARSHIPS
501 West College DriveBrainerd, MN 56401

(218) 855-8129

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.14x

Higher debt load relative to assets than 41% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

75th percentile

0.81x

Higher debt load relative to revenue than 75% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

55th percentile

6.3%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

22nd percentile

$95,121

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

35th percentile

2.1%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

12%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$11,027,469

Up $223,244 (+2.1%) from 2019

Net Assets

Up

$9,479,262

Up $244,705 (+2.6%) from 2019

Liabilities

Down

$1,548,207

Down $21,461 (-1.4%) from 2019

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin55th percentile

Revenue

Up

$1,912,333

Up $209,879 (+12%) from 2019

Expenses

Up

$1,792,502

Up $143,971 (+8.7%) from 2019

Net Income

Up

$119,831

Up $65,908 (+122%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $5,511,892Liabilities 2011: $2,500Net Assets 2011: $5,509,3922011Assets 2012: $6,091,568Liabilities 2012: $41,681Net Assets 2012: $6,049,8872012Assets 2013: $6,590,488Liabilities 2013: $547Net Assets 2013: $6,589,9412013Assets 2014: $7,424,165Liabilities 2014: $38,365Net Assets 2014: $7,385,8002014Assets 2015: $7,275,312Liabilities 2015: $27,426Net Assets 2015: $7,247,8862015Assets 2016: $7,113,820Liabilities 2016: $2,907Net Assets 2016: $7,110,9132016Assets 2017: $9,984,439Liabilities 2017: $1,741,740Net Assets 2017: $8,242,6992017Assets 2018: $10,623,133Liabilities 2018: $1,667,214Net Assets 2018: $8,955,9192018Assets 2019: $10,804,225Liabilities 2019: $1,569,668Net Assets 2019: $9,234,5572019Assets 2020: $11,027,469Liabilities 2020: $1,548,207Net Assets 2020: $9,479,2622020Assets 2021: $13,221,977Liabilities 2021: $1,470,993Net Assets 2021: $11,750,9842021Assets 2022: $11,958,499Liabilities 2022: $1,394,871Net Assets 2022: $10,563,6282022Assets 2023: $12,795,464Liabilities 2023: $1,311,635Net Assets 2023: $11,483,8292023Assets 2024: $14,403,531Liabilities 2024: $1,497,383Net Assets 2024: $12,906,1482024Assets 2025: $15,698,314Liabilities 2025: $1,192,152Net Assets 2025: $14,506,1622025

Highlighted filing

2020

Assets$11,027,469
Liabilities$1,548,207
Net Assets$9,479,262
Open 2020 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $327,8062011Expenses 2012: $412,0342012Expenses 2013: $497,3282013Revenue 2014: $858,282Expenses 2014: $501,891Net Income 2014: $356,3912014Revenue 2015: $603,324Expenses 2015: $739,687Net Income 2015: -$136,3632015Revenue 2016: $611,699Expenses 2016: $522,064Net Income 2016: $89,6352016Revenue 2017: $1,450,898Expenses 2017: $1,189,749Net Income 2017: $261,1492017Revenue 2018: $1,756,539Expenses 2018: $1,569,485Net Income 2018: $187,0542018Revenue 2019: $1,702,454Expenses 2019: $1,648,531Net Income 2019: $53,9232019Revenue 2020: $1,912,333Expenses 2020: $1,792,502Net Income 2020: $119,8312020Revenue 2021: $2,774,706Expenses 2021: $2,086,349Net Income 2021: $688,3572021Revenue 2022: $3,188,442Expenses 2022: $1,916,730Net Income 2022: $1,271,7122022Revenue 2023: $2,652,455Expenses 2023: $2,754,138Net Income 2023: -$101,6832023Revenue 2024: $3,002,200Expenses 2024: $2,596,566Net Income 2024: $405,6342024Revenue 2025: $3,669,250Expenses 2025: $3,011,679Net Income 2025: $657,5712025

Highlighted filing

2020

Revenue$1,912,333
Expenses$1,792,502
Net Income$119,831
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.2
Gross Receipts
$1,933,670
Mission and Program Overview

Mission

To promote clc student success by addressing financial barriers to pursuing higher education - through scholarships, strong alumni and donor relationships, affordable student housing, and other appropriate assistance.

The organization provides scholarships and housing to students attending central lakes college

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,095,906$8,266,620▲ $170,714
Land, Buildings, and Equipment, Net$2,586,791$2,522,458▼ $64,333
Savings and Temporary Cash Investments-$107,416-
Cash and Non-Interest-Bearing Accounts$53,279$31,567▼ $21,712
Prepaid Expenses and Deferred Charges$27,276$17,604▼ $9,672
Accounts Receivable$31,304$13,935▼ $17,369
Intangible Assets$9,669--
Total Assets$10,804,225$11,027,469▲ $223,244
Other Assets Total$0$67,869▲ $67,869
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,529,122$1,469,161▼ $59,961
Other Liabilities$7,252$68,657▲ $61,405
Accounts Payable and Accrued Expenses$33,294$7,559▼ $25,735
Deferred Revenue-$2,830-
Total Liabilities$1,569,668$1,548,207▼ $21,461
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,706,284$8,508,242▲ $801,958
Net Assets Without Donor Restrictions$1,528,273$971,020▼ $557,253
Total Net Assets Fund Balance$9,234,557$9,479,262▲ $244,705
Total Liabilities and Net Assets / Fund Balance$10,804,225$11,027,469▲ $223,244

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,143,689$193,110$2,336,799
Land$363,400-$363,400
Equipment$15,369$33,346$48,715

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,066,723$166,749▲ $342,600-$8,253,403
2018$6,924,540$158,187--$7,082,727
2017$6,737,124$187,416--$6,924,540
2016$6,338,611$398,513--$6,737,124
2015$6,204,695$133,916--$6,338,611
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jana ShogrenExecutive DirectorPT$95,121$95,121

Board Members and Trustees

NameTitle
Nathan HamiltonPresident
Jim BensonVice President
Beth GruberDirector
Brad ChapulisDirector
Brad PersonDirector
Jennifer BergmanDirector
John OhlinDirector
Joy BodinDirector
Kari ChristiansenDirector
Katie HeppnerDirector
Mark RoachDirector
Mike BjerknessDirector
Richard BreenDirector
Steve WenzelDirector
Tom KavanaughDirector
Barbara AndersonSecretary
Lisa WigandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,205,228
Program Service Revenue
$502,951
Investment Income
$219,221
Other Revenue
$-15,067
All Other Contributions
$1,180,012
Change in Net Assets
$119,831

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table14$462,021Expert Opinion
Cars and Other Vehicles3$84,632Fair Market Value
Other Non Cash Contri Table15$25,749Expert Opinion
Other Non Cash Contri Table69$7,829Comparable Sales
Other Non Cash Contri Table4$1,825Comparable Sales
Clothing and Household Goods-$1,685Comparable Sales
Drugs and Medical Supplies2$1,548Comparable Sales
Food Inventory4$1,019Comparable Sales
Works of Art1$150Fair Market Value
Total Noncash Contributions112$586,458-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,912,333
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$165,801
Total Revenue per Audited Statements
$2,078,134
Total Revenue per Form 990
$1,912,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,201,438
Other Expenses$384,046
Salaries, Compensation, and Employee Benefits$207,018
Total Fundraising Expense$14,743
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,201,438--$1,201,438
Occupancy$90,516--$90,516
Other Salaries and Wages$71,313$10,712$6,634$88,659
Current Officers, Directors, Trustees, and Key Employees$40,426$36,384$4,043$80,853
Depreciation Depletion$64,333--$64,333
Interest$47,898--$47,898
Fees for Services Management$27,511--$27,511
Fees for Services Accounting$16,259$6,603-$22,862
Other Employee Benefits$14,205$4,771$2,862$21,838
Insurance$17,167$2,252-$19,419
Payroll Taxes$8,640$3,311$761$12,712
Information Technology$6,997$3,601-$10,598
Other Expenses$10,582$20,000-$10,582
Travel-$7,876-$7,876
All Other Expenses$2,153$3,668-$5,821
Office Expenses$3,789$390-$4,179
Pension Plan Contributions$1,774$739$443$2,956
Advertising$2,090$165-$2,255
Total Functional Expenses$1,677,287$100,472$14,743$1,792,502

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,833,432
Expenses per Audited Statements$1,792,502
Total Expenses per Form 990$1,792,502
Expenses Not Reported on Form 990$40,930
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Central Lakes CollegeBrainerd, MN-Assistance to Central Lakes College and Student Scholarships$614,980
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,337
Fundraising Gross Income$6,270
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$31,486$6,270$21,337$-15,067
Total Events$31,486$6,270$21,337$-15,067
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity Payable$67,868
Security Deposits$789
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The treasurer of the organization reviews the form 990 with the finance committee and makes a copy of the form 990 available to the board of directors and to the public upon request”

Form 990, Part VI, Section B, Line 12C

“Monitoring of compliance with the conflict of interest policies is done on an annual basis”

Form 990, Part VI, Section B, Line 15

“Annual salary adjustments are determine by the state of minnesota whereupon the president of central lakes college is responsible for determining any adjustments to compensation for the executive director on a yearly basis.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governance documents and financial statements available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Central Lakes College Foundation
EIN
23-7007111
Phone
2188558129
Address
501 WEST COLLEGE DRIVE, BRAINERD, MN 56401

Signing Officer

Name
Lisa Wigand
Title
Treasurer
Phone
2188558129
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Hamilton
Formed
1968
Legal Domicile
Mn
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
50

Preparer

Firm
Cliftonlarsonallen Llp
Address
818 SECOND STREET SOUTH SUITE 320, WAITE PARK, MN 56387
Preparer
Jason Neumann
Phone
3202035500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Reconciling rounding adjustment 3.”

Financial Statement Notes

PART V, LINE 4:

“Investment earnings from endowment funds are used to provide scholarships to students attending central lakes college”

PART X, LINE 2:

“The foundation qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Therefore, no expense has been recognized for income taxes in the accompanying consolidated financial statements. The foundation is not a private foundation and contributions to the foundation qualify as charitable deductions by the contributor. The foundation files as a tax-exempt organization. Should that status be challenged in future periods, all years since inception would be subject to review by the internal revenue service.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 21,337.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 21,337.”

Raw XML AppendixShowing 400 of 680 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt086353
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt025216
IRS990/FundraisingDirectExpensesAmt021337
IRS990/FundraisingGrossIncomeAmt06270
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt0822897
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01201438
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01201438
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01933670
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03601
IRS990/InformationTechnologyGrp/ProgramServicesAmt06997
IRS990/InformationTechnologyGrp/TotalAmt010598
IRS990/InsuranceGrp/ManagementAndGeneralAmt02252
IRS990/InsuranceGrp/ProgramServicesAmt017167
IRS990/InsuranceGrp/TotalAmt019419
IRS990/IntangibleAssetsGrp/BOYAmt09669
IRS990/InterestGrp/ProgramServicesAmt047898
IRS990/InterestGrp/TotalAmt047898
IRS990/InvestmentIncomeGrp/ExclusionAmt0219221
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0219221
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08095906
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08266620
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0226456
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02586791
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02522458
IRS990/LandBldgEquipCostOrOtherBssAmt02748914
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION PROVIDES SCHOLARSHIPS AND HOUSING TO STUDENTS ATTENDING CENTRAL LAKES COLLEGE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01529122
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01469161
IRS990/NetAssetsOrFundBalancesBOYAmt09234557
IRS990/NetAssetsOrFundBalancesEOYAmt09479262
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-15067
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-15067
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0124871
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01528273
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0971020
IRS990/NoncashContributionsAmt0741741
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt090516
IRS990/OccupancyGrp/TotalAmt090516
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0390
IRS990/OfficeExpensesGrp/ProgramServicesAmt03789
IRS990/OfficeExpensesGrp/TotalAmt04179
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt067869
IRS990/OtherChangesInNetAssetsAmt03
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02862
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04771
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014205
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021838
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2CAPITAL EXPENDITURES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020000
IRS990/OtherExpensesGrp/ProgramServicesAmt09738
IRS990/OtherExpensesGrp/ProgramServicesAmt121324
IRS990/OtherExpensesGrp/ProgramServicesAmt219134
IRS990/OtherExpensesGrp/ProgramServicesAmt310582
IRS990/OtherExpensesGrp/TotalAmt029738
IRS990/OtherExpensesGrp/TotalAmt121324
IRS990/OtherExpensesGrp/TotalAmt219134
IRS990/OtherExpensesGrp/TotalAmt310582
IRS990/OtherLiabilitiesGrp/BOYAmt07252
IRS990/OtherLiabilitiesGrp/EOYAmt068657
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06634
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010712
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt071313
IRS990/OtherSalariesAndWagesGrp/TotalAmt088659
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0761
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03311
IRS990/PayrollTaxesGrp/ProgramServicesAmt08640
IRS990/PayrollTaxesGrp/TotalAmt012712
IRS990/PensionPlanContributionsGrp/FundraisingAmt0443
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0739
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01774
IRS990/PensionPlanContributionsGrp/TotalAmt02956
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027276
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017604
IRS990/PrincipalOfficerNm0NATHAN HAMILTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RESERVATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0445800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142850
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210541
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0445800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33760
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS GRANTED TO STUDENTS ATTENDING CENTRAL LAKES COLLEGE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0411601
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0378541
IRS990/ProgSrvcAccomActy3Grp/Desc0STUDENT HOUSING PROVIDED TO STUDENTS ENROLLED AT CENTRAL LAKES COLLEGE
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0384401
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0502951
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01036310
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01175790
IRS990/PYInvestmentIncomeAmt0180582
IRS990/PYOtherExpensesAmt0472741
IRS990/PYOtherRevenueAmt0485562
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt053923
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01648531
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01702454
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0119831
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107416
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ANNUAL EVENT - 2015 AMOUNT: $ 18,046. 2016 AMOUNT: $ 9,500. 2017 AMOUNT: $ 32,733. 2018 AMOUNT: $ 20,427. 2019 AMOUNT: $ -15,067.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01205228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01036310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01101807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0932551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0437257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04713153
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0722172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0666167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0639325
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0514726
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0167324
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02709714

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,027,469
Liabilities
$1,548,207
Net assets
$9,479,262
Revenue
$1,912,333
Expenses
$1,792,502
Net income
$119,831
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.7$1.19$14.5$3.67$3.01$0.66
2024Detailed filing. Detailed filing data is available for this year.$14.4$1.50$12.9$3.00$2.60$0.41
2023Detailed filing. Detailed filing data is available for this year.$12.8$1.31$11.5$2.65$2.75$0.10
2022Detailed filing. Detailed filing data is available for this year.$12.0$1.39$10.6$3.19$1.92$1.27
2021Detailed filing. Detailed filing data is available for this year.$13.2$1.47$11.8$2.77$2.09$0.69
2020Detailed filing. Detailed filing data is available for this year.$11.0$1.55$9.48$1.91$1.79$0.12
2019Detailed filing. Detailed filing data is available for this year.$10.8$1.57$9.23$1.70$1.65$0.05
2018Detailed filing. Detailed filing data is available for this year.$10.6$1.67$8.96$1.76$1.57$0.19
2017Detailed filing. Detailed filing data is available for this year.$9.98$1.74$8.24$1.45$1.19$0.26
2016Detailed filing. Detailed filing data is available for this year.$7.11$0.00$7.11$0.61$0.52$0.09
2015Detailed filing. Detailed filing data is available for this year.$7.28$0.03$7.25$0.60$0.74$0.14
2014Detailed filing. Detailed filing data is available for this year.$7.42$0.04$7.39$0.86$0.50$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$0.00$6.59$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$0.04$6.05$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.51$0.00$5.51$0.33