Civic Intelligence

Central Lakes College Foundation

990 • Fiscal year 2024 • EIN 23-7007111

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 25, 2025

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

0.10x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.50x

Higher debt load relative to revenue than 69% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

31st percentile

$132,895

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$14,403,531

Up $1,608,067 (+13%) from 2023

Net Assets

Up

$12,906,148

Up $1,422,319 (+12%) from 2023

Liabilities

Up

$1,497,383

Up $185,748 (+14%) from 2023

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin67th percentile

Revenue

Up

$3,002,200

Up $349,745 (+13%) from 2023

Expenses

Down

$2,596,566

Down $157,572 (-5.7%) from 2023

Net Income

Up

$405,634

Up $507,317 (+499%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth71st 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

2024

Assets$14,403,531
Liabilities$1,497,383
Net Assets$12,906,148
Open 2024 Filing

Operations Trend

Revenue Growth60th 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

2024

Revenue$3,002,200
Expenses$2,596,566
Net Income$405,634
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 25, 2025
Return Version
2023v6.0
Gross Receipts
$4,036,486
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$9,605,651$11,245,585▲ $1,639,934
Land, Buildings, and Equipment, Net$2,460,511$2,420,346▼ $40,165
Savings and Temporary Cash Investments$645,480$621,813▼ $23,667
Accounts Receivable$28,809$38,542▲ $9,733
Prepaid Expenses and Deferred Charges-$20,585-
Cash and Non-Interest-Bearing Accounts$13,965$17,468▲ $3,503
Total Assets$12,795,464$14,403,531▲ $1,608,067
Other Assets Total$41,048$39,192▼ $1,856
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,245,535$1,169,612▼ $75,923
Deferred Revenue$2,033$255,050▲ $253,017
Other Liabilities$39,507$38,416▼ $1,091
Accounts Payable and Accrued Expenses$24,560$34,305▲ $9,745
Total Liabilities$1,311,635$1,497,383▲ $185,748
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,138,650$11,421,999▲ $1,283,349
Net Assets Without Donor Restrictions$1,345,179$1,484,149▲ $138,970
Total Net Assets Fund Balance$11,483,829$12,906,148▲ $1,422,319
Total Liabilities and Net Assets / Fund Balance$12,795,464$14,403,531▲ $1,608,067

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,028,752$455,740$2,484,492
Land$363,400-$363,400
Equipment$28,194$59,121$87,315

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$9,587,920$473,580▲ $1,247,792-$11,028,395
2022$8,751,820$117,372▲ $953,484-$9,587,920
2021$10,364,736$252,312▼ $1,497,190-$8,751,820
2020$8,253,403$436,868▲ $1,957,626-$10,364,736
2019$8,066,723$166,749▲ $342,600-$8,253,403
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Kate AdornettoFormer Executive DirectorFT$132,895$132,895

Board Members and Trustees

NameTitle
Jim BensonPast President
Nathan HamiltonPast President
Brad ChapulisPresident
Mike BjerknessVice President
Beth GruberDirector
Brad Person Thru 1123Director
Jennifer BergmanDirector
John OhlinDirector
Katie HeppnerDirector
Matt SundquistDirector
Merrick Dresnin Thru 1123Director
Robb KolodziejDirector
Steve WenzelDirector
Jon AgaExecutive Director
Hara CharlierEx-officio
Barbara AndersonSecretary
Lisa WigandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,092,038
Program Service Revenue
$596,417
Investment Income
$291,668
Other Revenue
$22,077
All Other Contributions
$2,082,816
Change in Net Assets
$405,634

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table70$837,841Fair Market Value
Other Non Cash Contri Table12$53,860Fair Market Value
Other Non Cash Contri Table7$6,655Fair Market Value
Other Non Cash Contri Table1$4,114Expert Opinion
Drugs and Medical Supplies4$962Fair Market Value
Total Noncash Contributions94$903,432-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,957,538
Revenue Not Reported on Financial Statements
$44,662
Revenue Not Reported on Form 990
$1,163,995
Other Revenue Adjustments
$-4,261
Total Revenue per Audited Statements
$4,121,533
Total Revenue per Form 990
$3,002,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,749,425
Other Expenses$528,385
Salaries, Compensation, and Employee Benefits$318,756
Total Fundraising Expense$33,668
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,749,425--$1,749,425
Current Officers, Directors, Trustees, and Key Employees$69,869$62,880$6,987$139,736
Other Salaries and Wages$106,490$14,298$12,375$133,163
Occupancy$102,196--$102,196
Depreciation Depletion$77,813--$77,813
Fees for Services Management$58,602--$58,602
Fees for Services Accounting$36,682$17,296-$53,978
Fees for Service Investment Mgmnt Fees-$48,923-$48,923
Interest$37,234--$37,234
Other Employee Benefits$16,250$6,193$3,716$26,159
Information Technology$14,617$8,600-$23,217
Insurance$19,681$433-$20,114
Payroll Taxes$11,095$3,523$954$15,572
Advertising$3,148$348$9,018$12,514
Office Expenses$3,580$1,163-$4,743
Pension Plan Contributions$2,476$1,032$618$4,126
Other Expenses$1,290$102-$1,392
Travel-$41-$41
Total Functional Expenses$2,378,066$184,832$33,668$2,596,566

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,699,214
Total Expenses per Form 990$2,596,566
Expenses per Audited Statements$2,547,643
Expenses Not Reported on Form 990$151,571
Expenses Not Reported on Financial Statements$48,923
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Central Lakes CollegeBrainerd, MN-Assistance to Central Lakes College and Student Scholarships$845,993
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$46,694
Gaming Direct Expenses$29,194
Fundraising Gross Income$8,838
Fundraising Direct Expenses$4,261
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hats Off$18,060$8,838$4,261$4,577
Total Events$18,060$8,838$4,261$4,577
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$38,416
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 determined by the state of minnesota whereupon the president of central lakes college is responsible for determining any adjustments to compensation for the executive director and foundation employees per their contracts on a yearly basis. The process described here was last completed in 2024.”

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
Jodi Hyatt
Title
Treasurer
Phone
2188558129
Signed
2025-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Aga
Formed
1968
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
50

Preparer

Firm
Cliftonlarsonallen Llp
Address
4150 SECOND ST SO SUITE 400, ST CLOUD, MN 56301
Preparer
Jason R Neumann CPA
Phone
3202035500
Supplemental Narrative

Financial Statement Notes

PART III, LINE 1A:

“The foundation owns a native-american art collection which was received from a donor with the intent that the collection be displayed in the central lakes college library for educational and cultural purposes. The foundation has approved the collection being "permanently on loan" to central lakes college. The college is responsible for maintaining and displaying the collection in accordance with the donor's desires.”

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 4B - OTHER ADJUSTMENTS:

“Fundraiser expenses -4,261.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 4,261.”

Raw XML AppendixShowing 400 of 684 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/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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/ReportableCompFromRltdOrgAmt097189
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/TitleTxt0FORMER EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt8PAST PRESIDENT
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/FundraisingAmt09222
IRS990/FundraisingDirectExpensesAmt04261
IRS990/FundraisingGrossIncomeAmt08838
IRS990/GainOrLossGrp/SecuritiesAmt043809
IRS990/GamingActivitiesInd01
IRS990/GamingDirectExpensesAmt029194
IRS990/GamingGrossIncomeAmt046694
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt01145075
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01749425
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01749425
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01044640
IRS990/GrossReceiptsAmt04036486
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08600
IRS990/InformationTechnologyGrp/ProgramServicesAmt014617
IRS990/InformationTechnologyGrp/TotalAmt023217
IRS990/InsuranceGrp/ManagementAndGeneralAmt0433
IRS990/InsuranceGrp/ProgramServicesAmt019681
IRS990/InsuranceGrp/TotalAmt020114
IRS990/InterestGrp/ProgramServicesAmt037234
IRS990/InterestGrp/TotalAmt037234
IRS990/InvestmentIncomeGrp/ExclusionAmt0247859
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0247859
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09605651
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011245585
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0514861
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02460511
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02420346
IRS990/LandBldgEquipCostOrOtherBssAmt02935207
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01000831
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/BOYAmt01245535
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01169612
IRS990/NetAssetsOrFundBalancesBOYAmt011483829
IRS990/NetAssetsOrFundBalancesEOYAmt012906148
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt043809
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt043809
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt04577
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04577
IRS990/NetIncomeFromGamingGrp/ExclusionAmt017500
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt017500
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01016685
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01345179
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01484149
IRS990/NoncashContributionsAmt01152935
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0102196
IRS990/OccupancyGrp/TotalAmt0102196
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01163
IRS990/OfficeExpensesGrp/ProgramServicesAmt03580
IRS990/OfficeExpensesGrp/TotalAmt04743
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041048
IRS990/OtherAssetsTotalGrp/EOYAmt039192
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03716
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06193
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016250
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026159
IRS990/OtherExpensesGrp/Desc0MISC EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3LICENSES AND DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1102
IRS990/OtherExpensesGrp/ProgramServicesAmt010751
IRS990/OtherExpensesGrp/ProgramServicesAmt129575
IRS990/OtherExpensesGrp/ProgramServicesAmt227292
IRS990/OtherExpensesGrp/ProgramServicesAmt31290
IRS990/OtherExpensesGrp/TotalAmt030751
IRS990/OtherExpensesGrp/TotalAmt129575
IRS990/OtherExpensesGrp/TotalAmt227292
IRS990/OtherExpensesGrp/TotalAmt31392
IRS990/OtherLiabilitiesGrp/BOYAmt039507
IRS990/OtherLiabilitiesGrp/EOYAmt038416
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012375
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014298
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0106490
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133163
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0954
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03523
IRS990/PayrollTaxesGrp/ProgramServicesAmt011095
IRS990/PayrollTaxesGrp/TotalAmt015572
IRS990/PensionPlanContributionsGrp/FundraisingAmt0618
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01032
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02476
IRS990/PensionPlanContributionsGrp/TotalAmt04126
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020585
IRS990/PrincipalOfficerNm0JONATHAN AGA
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/RelatedOrExemptFuncIncomeAmt0553671
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214769
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34977
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0553671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34977
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS AWARDED TO STUDENTS ATTENDING CENTRAL LAKES COLLEGE ENROLLED IN SIX OR MORE CREDITS FALL AND SPRING SEMESTER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0604350
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0604350
IRS990/ProgSrvcAccomActy3Grp/Desc0STUDENT HOUSING PROVIDED TO STUDENTS ENROLLED AT CENTRAL LAKES COLLEGE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0476782
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0596417
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02117324
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01944667
IRS990/PYInvestmentIncomeAmt0-45503
IRS990/PYOtherExpensesAmt0466500
IRS990/PYOtherRevenueAmt0341
IRS990/PYProgramServiceRevenueAmt0580293
IRS990/PYRevenuesLessExpensesAmt0-101683
IRS990/PYSalariesCompEmpBnftPaidAmt0342971
IRS990/PYTotalExpensesAmt02754138
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02652455
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0405634
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0645480
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0621813
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ANNUAL EVENT - 2019 AMOUNT: $ -15,067. GAMING - 2021 AMOUNT: $ 9,044. 2022 AMOUNT: $ 341. 2023 AMOUNT: $ 55,532.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02092038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02117324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01591634

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,403,531
Liabilities
$1,497,383
Net assets
$12,906,148
Revenue
$3,002,200
Expenses
$2,596,566
Net income
$405,634
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