Civic Intelligence

Central Lakes College Foundation

990 • Fiscal year 2021 • EIN 23-7007111

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

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

42nd percentile

0.11x

Higher debt load relative to assets than 42% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.53x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

70th percentile

25%

Higher net margin than 70% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

17th percentile

$59,071

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

70th percentile

20%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

45%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Up

$13,221,977

Up $2,194,508 (+20%) from 2020

Net Assets

Up

$11,750,984

Up $2,271,722 (+24%) from 2020

Liabilities

Down

$1,470,993

Down $77,214 (-5.0%) from 2020

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin70th percentile

Revenue

Up

$2,774,706

Up $862,373 (+45%) from 2020

Expenses

Up

$2,086,349

Up $293,847 (+16%) from 2020

Net Income

Up

$688,357

Up $568,526 (+474%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth70th 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

2021

Assets$13,221,977
Liabilities$1,470,993
Net Assets$11,750,984
Open 2021 Filing

Operations Trend

Revenue Growth78th 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

2021

Revenue$2,774,706
Expenses$2,086,349
Net Income$688,357
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.2
Gross Receipts
$4,513,454
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$8,266,620$10,482,562▲ $2,215,942
Land, Buildings, and Equipment, Net$2,522,458$2,470,496▼ $51,962
Savings and Temporary Cash Investments$107,416$109,821▲ $2,405
Accounts Receivable$13,935$46,658▲ $32,723
Cash and Non-Interest-Bearing Accounts$31,567$35,456▲ $3,889
Prepaid Expenses and Deferred Charges$17,604$11,901▼ $5,703
Total Assets$11,027,469$13,221,977▲ $2,194,508
Other Assets Total$67,869$65,083▼ $2,786
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,469,161$1,381,108▼ $88,053
Other Liabilities$68,657$65,412▼ $3,245
Accounts Payable and Accrued Expenses$7,559$18,603▲ $11,044
Deferred Revenue$2,830$5,870▲ $3,040
Total Liabilities$1,548,207$1,470,993▼ $77,214
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,508,242$10,636,001▲ $2,127,759
Net Assets Without Donor Restrictions$971,020$1,114,983▲ $143,963
Total Net Assets Fund Balance$9,479,262$11,750,984▲ $2,271,722
Total Liabilities and Net Assets / Fund Balance$11,027,469$13,221,977▲ $2,194,508

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,090,760$254,554$2,345,314
Land$363,400-$363,400
Equipment$16,336$38,496$54,832

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$8,253,403$436,868▲ $1,957,626-$10,364,736
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
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jana ShogrenExecutive DirectorFT$59,071$59,071
Kate AdornettoExecutive DirectorFT$21,120$21,120

Board Members and Trustees

NameTitle
Nathan HamiltonPresident
Jim BensonVice President
Beth GruberDirector
Brad ChapulisDirector
Brad PersonDirector
Hara CharlierDirector
John OhlinDirector
Katie HeppnerDirector
Mark RoachDirector
Matt SundquistDirector
Mike BjerknessDirector
Mike PatrickDirector
Robb KolodziejDirector
Steve WenzelDirector
Val KnudsenDirector
Barbara AndersonSecretary
Lisa WigandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,889,068
Program Service Revenue
$458,738
Investment Income
$426,900
Other Revenue
$0
All Other Contributions
$1,878,068
Change in Net Assets
$688,357

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 Table65$728,005Expert Opinion
Other Non Cash Contri Table20$55,528Expert Opinion
Cars and Other Vehicles2$21,159Fair Market Value
Real Estate Other1$18,500Fair Market Value
Other Non Cash Contri Table2$800Comparable Sales
Drugs and Medical Supplies1$600Comparable Sales
Food Inventory2$400Comparable Sales
Works of Art2$225Fair Market Value
Total Noncash Contributions95$825,217-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,723,500
Revenue Not Reported on Financial Statements
$51,206
Revenue Not Reported on Form 990
$1,583,365
Total Revenue per Audited Statements
$4,306,865
Total Revenue per Form 990
$2,774,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,386,654
Other Expenses$425,818
Salaries, Compensation, and Employee Benefits$273,877
Total Fundraising Expense$26,058
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,386,654--$1,386,654
Other Salaries and Wages$88,765$21,554$10,225$120,544
Current Officers, Directors, Trustees, and Key Employees$53,676$48,310$5,368$107,354
Occupancy$95,868--$95,868
Depreciation Depletion$66,594--$66,594
Fees for Service Investment Mgmnt Fees-$51,206-$51,206
Interest$48,503--$48,503
Fees for Services Management$44,407--$44,407
Other Employee Benefits$19,300$5,914$3,548$28,762
Fees for Services Accounting$13,693$10,944-$24,637
Insurance$14,149$1,438-$15,587
Information Technology$9,613$5,375-$14,988
Payroll Taxes$9,008$3,722$890$13,620
Advertising$911$125$5,487$6,523
Pension Plan Contributions$2,158$899$540$3,597
Other Expenses$2,078$157-$2,235
Office Expenses$872$552-$1,424
All Other Expenses$962$393-$1,355
Travel-$912-$912
Total Functional Expenses$1,888,790$171,501$26,058$2,086,349

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,086,349
Expenses per Audited Statements$2,035,143
Total Expenses per Audited Statements$2,035,143
Expenses Not Reported on Financial Statements$51,206
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Central Lakes CollegeBrainerd, MN-Assistance to Central Lakes College and Student Scholarships$561,437
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
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$65,082
Security Deposits$330
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
2022-05-12
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

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.”

Raw XML AppendixShowing 400 of 678 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/ReportableCompFromOrgAmt90
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/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/ReportableCompFromRltdOrgAmt1714236
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1854007
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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/TitleTxt17EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt01000
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0253762
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt010000
IRS990/GrantAmt01021133
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01386654
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01386654
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01992510
IRS990/GrossReceiptsAmt04513454
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05375
IRS990/InformationTechnologyGrp/ProgramServicesAmt09613
IRS990/InformationTechnologyGrp/TotalAmt014988
IRS990/InsuranceGrp/ManagementAndGeneralAmt01438
IRS990/InsuranceGrp/ProgramServicesAmt014149
IRS990/InsuranceGrp/TotalAmt015587
IRS990/InterestGrp/ProgramServicesAmt048503
IRS990/InterestGrp/TotalAmt048503
IRS990/InvestmentIncomeGrp/ExclusionAmt0173138
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0173138
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08266620
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010482562
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0293050
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02522458
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02470496
IRS990/LandBldgEquipCostOrOtherBssAmt02763546
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01738748
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/BOYAmt01469161
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01381108
IRS990/NetAssetsOrFundBalancesBOYAmt09479262
IRS990/NetAssetsOrFundBalancesEOYAmt011750984
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0253762
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0253762
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01583365
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0971020
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01114983
IRS990/NoncashContributionsAmt01046197
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt095868
IRS990/OccupancyGrp/TotalAmt095868
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0552
IRS990/OfficeExpensesGrp/ProgramServicesAmt0872
IRS990/OfficeExpensesGrp/TotalAmt01424
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt067869
IRS990/OtherAssetsTotalGrp/EOYAmt065083
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03548
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05914
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019300
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028762
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3GENERAL SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1157
IRS990/OtherExpensesGrp/ProgramServicesAmt02063
IRS990/OtherExpensesGrp/ProgramServicesAmt117660
IRS990/OtherExpensesGrp/ProgramServicesAmt211856
IRS990/OtherExpensesGrp/ProgramServicesAmt32078
IRS990/OtherExpensesGrp/TotalAmt022063
IRS990/OtherExpensesGrp/TotalAmt117660
IRS990/OtherExpensesGrp/TotalAmt211856
IRS990/OtherExpensesGrp/TotalAmt32235
IRS990/OtherLiabilitiesGrp/BOYAmt068657
IRS990/OtherLiabilitiesGrp/EOYAmt065412
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010225
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021554
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt088765
IRS990/OtherSalariesAndWagesGrp/TotalAmt0120544
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0890
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03722
IRS990/PayrollTaxesGrp/ProgramServicesAmt09008
IRS990/PayrollTaxesGrp/TotalAmt013620
IRS990/PensionPlanContributionsGrp/FundraisingAmt0540
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0899
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02158
IRS990/PensionPlanContributionsGrp/TotalAmt03597
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017604
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011901
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/RelatedOrExemptFuncIncomeAmt0416409
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt131250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28011
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0416409
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt131250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28011
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33068
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS GRANTED TO STUDENTS ATTENDING CENTRAL LAKES COLLEGE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0406356
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0365521
IRS990/ProgSrvcAccomActy3Grp/Desc0STUDENT HOUSING PROVIDED TO STUDENTS ENROLLED AT CENTRAL LAKES COLLEGE
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0372926
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0458738
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01205228
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01201438
IRS990/PYInvestmentIncomeAmt0219221
IRS990/PYOtherExpensesAmt0384046
IRS990/PYOtherRevenueAmt0-15067
IRS990/PYProgramServiceRevenueAmt0502951
IRS990/PYRevenuesLessExpensesAmt0119831
IRS990/PYSalariesCompEmpBnftPaidAmt0207018
IRS990/PYTotalExpensesAmt01792502
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01912333
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0688357
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0107416
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0109821

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,221,977
Liabilities
$1,470,993
Net assets
$11,750,984
Revenue
$2,774,706
Expenses
$2,086,349
Net income
$688,357
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