Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
990 • Fiscal year 2023 • EIN 36-3860861
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Liabilities / Revenue
36th percentile
Higher debt load relative to revenue than 36% of similar nonprofits.
Net Margin
5th percentile
Higher net margin than 5% of similar nonprofits.
Top Officer Pay
9th percentile
Higher top officer pay than 9% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Down$26,277,320
Down $2,519,525 (-8.7%) from 2022
Net Assets
Down$25,447,421
Down $2,354,032 (-8.5%) from 2022
Liabilities
Down$829,899
Down $165,493 (-17%) from 2022
Revenue
Down$4,573,461
Down $11,273,711 (-71%) from 2022
Expenses
Up$7,672,708
Up $5,494,335 (+252%) from 2022
Net Income
Down-$3,099,247
Down $16,768,046 (-123%) from 2022
The organizations primary purpose is to raise private sector contributions for scholarships and improvements benefitting lake area technical college.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $18,569,699 | $18,692,488 | ▲ $122,789 |
| Pledges and Grants Receivable | $3,981,475 | $3,215,000 | ▼ $766,475 |
| Savings and Temporary Cash Investments | $4,535,697 | $2,235,234 | ▼ $2,300,463 |
| Accounts Receivable | $219,133 | $1,119,596 | ▲ $900,463 |
| Cash and Non-Interest-Bearing Accounts | $915,287 | $493,834 | ▼ $421,453 |
| Total Assets | $28,796,845 | $26,277,320 | ▼ $2,519,525 |
| Other Assets Total | $575,554 | $521,168 | ▼ $54,386 |
| Liabilities | |||
| Other Liabilities | $995,392 | $434,753 | ▼ $560,639 |
| Accounts Payable and Accrued Expenses | - | $395,146 | - |
| Total Liabilities | $995,392 | $829,899 | ▼ $165,493 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $26,714,344 | $24,305,089 | ▼ $2,409,255 |
| Net Assets Without Donor Restrictions | $1,087,109 | $1,142,332 | ▲ $55,223 |
| Total Net Assets Fund Balance | $27,801,453 | $25,447,421 | ▼ $2,354,032 |
| Total Liabilities and Net Assets / Fund Balance | $28,796,845 | $26,277,320 | ▼ $2,519,525 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | - | $3,405 | $3,405 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $2,649,920 | $76,774 | ▲ $211,345 | - | $2,804,825 |
| 2021 | $15,361,100 | $15,417,740 | ▼ $1,675,679 | $490,435 | $26,714,343 |
| 2020 | $4,834,078 | $11,426,331 | ▲ $891,340 | $1,103,527 | $15,361,100 |
| 2019 | $6,656,588 | $1,280,231 | ▲ $78,822 | $2,054,692 | $4,834,079 |
| 2018 | $6,292,381 | $1,088,528 | ▲ $262,070 | $43,280 | $6,656,588 |
| Name | Title |
|---|---|
| Tim Walter | President |
| Barb Kleinjan | Board Member |
| Brig Schilling | Board Member |
| Dan Brenden | Board Member |
| Donna Schoenbeck | Board Member |
| Jay Boomsma | Board Member |
| Jordan Wollschlager | Board Member |
| Josh Hanson | Board Member |
| Kasey Chapin | Board Member |
| Leah Stelley | Board Member |
| Natalie Gauer | Board Member |
| Shelly Turbak | Board Member |
| Brittany Rost | Ex-officio M |
| Cam Corey | Ex-officio M |
| Jessi Eidson | Ex-officio M |
| Scott Carbonneau | Ex-officio M |
| Stuart Stein | Ex-officio M |
| Tiffany Sanderson | Ex-officio M |
| Tracy Buisker | Executive Di |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Real Estate Other | 1 | $98,000 |
| Other Non Cash Contri Table | 1 | $53,836 |
| Cars and Other Vehicles | 1 | $4,500 |
| Other Non Cash Contri Table | 1 | $732 |
| Total Noncash Contributions | 4 | $157,068 |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $7,436,949 |
| Other Expenses | $235,759 |
| Total Fundraising Expense | $76,328 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $5,436,173 | - | - | $5,436,173 |
| Grants to Domestic Individuals | $2,000,776 | - | - | $2,000,776 |
| Fees for Services Management | $45,797 | $30,530 | $76,328 | $152,655 |
| Fees for Service Investment Mgmnt Fees | - | $37,132 | - | $37,132 |
| Fees for Services Accounting | - | $32,336 | - | $32,336 |
| Other Expenses | $7,566 | - | - | $7,566 |
| Office Expenses | - | $3,792 | - | $3,792 |
| Insurance | - | $1,528 | - | $1,528 |
| Conferences and Meetings | - | $750 | - | $750 |
| Total Functional Expenses | $7,490,312 | $106,068 | $76,328 | $7,672,708 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Lake Area Technical College | Watertown, SD | - | Campas Improvements | $179,105 |
| Lake Area Technical College | Watertown, SD | - | - | - |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $622,165 |
| Fundraising Direct Expenses | $450,855 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Scholarship Hou | $436,706 | $436,706 | $385,435 | $51,271 |
| Festival of Tre | $98,964 | $98,964 | $43,923 | $55,041 |
| Total Events | $622,165 | $622,165 | $450,855 | $171,310 |
| Liability | Amount |
|---|---|
| Funds Held for Others | $434,753 |
“Form 990 is reviewed by the finance committee before filing. The finance committee will review form 990 in detail with the entire board if it is deemed necessary.”
“The conflicts of interest policy is reviewed annually. Each person is required to disclose potential conflicts. Potential conflicts preclude such a person from voting on those matters.”
“The watertown school district reviews and sets the salaries of the individuals working for the lake area technical college foundation, and then the foundation reimburses the watertown school district for one-half of the cost. Accordingly, a separate compensation review process is not necessary.”
“SEE ANSWER TO 15A.”
“All such documents are available to the public upon request.”
“Tax preparer's software requires a date acquired and date sold for all asset sales. The number of sales make individual reporting uneconomical. Therefore, arbitrary dates were entered to allow for e-filing, and details concerning the sales are in the taxpayer's possession.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 395146 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 219133 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1119596 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATIONS PRIMARY PURPOSE IS TO RAISE PRIVATE SECTOR CONTRIBUTIONS FOR SCHOLARSHIPS AND IMPROVEMENTS BENEFITTING LAKE AREA TECHNICAL COLLEGE. |
| IRS990/AllOtherContributionsAmt | 0 | 3744020 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | TRACY BUISKER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6058825284 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 730 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WATERTOWN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57201 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 915287 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 493834 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 750 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 750 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3744020 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 7436949 |
| IRS990/CYInvestmentIncomeAmt | 0 | 577381 |
| IRS990/CYOtherExpensesAmt | 0 | 235759 |
| IRS990/CYOtherRevenueAmt | 0 | 252060 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -3099247 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 7672708 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 76328 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4573461 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | FUNDING FOR LATC CAMPUS IMPROVEMENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | true |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 26714344 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 24305089 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 5257068 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 32336 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 32336 |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 76328 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 30530 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 45797 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 152655 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 37132 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 37132 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TIM WALTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JAY BOOMSMA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAN BRENDEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KASEY CHAPIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NATALIE GAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOSH HANSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BARB KLEINJAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BRIG SCHILLING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DONNA SCHOENBECK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | LEAH STELLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | SHELLY TURBAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JORDAN WOLLSCHLAGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | TRACY BUISKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | SCOTT CARBONNEAU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | CAM COREY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | JESSI EIDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | BRITTANY ROST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | TIFFANY SANDERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | STUART STEIN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | EX-OFFICIO M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | EX-OFFICIO M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | EX-OFFICIO M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | EX-OFFICIO M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | EX-OFFICIO M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | EX-OFFICIO M |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1992 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingDirectExpensesAmt | 0 | 450855 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 622165 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -254093 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GrantAmt | 0 | 5257068 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 2000776 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 2000776 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 5436173 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 5436173 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 2589355 |
| IRS990/GrossReceiptsAmt | 0 | 7867764 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1528 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1528 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 831474 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 831474 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 18569699 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 18692488 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3405 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3405 |
| IRS990/LegalDomicileStateCd | 0 | SD |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 2843448 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE ORGANIZATIONS PRIMARY PURPOSE IS TO RAISE PRIVATE SECTOR CONTRIBUTIONS FOR SCHOLARSHIPS AND IMPROVEMENTS BENEFITTING LAKE AREA TECHNICAL COLLEGE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 27801453 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 25447421 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -254093 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -254093 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 171310 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 171310 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 745215 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1087109 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1142332 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 157068 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3792 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3792 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 575554 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 521168 |
| IRS990/OtherExpensesGrp/Desc | 0 | SCHOLARSHIP RECOGNITION E |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 7566 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 7566 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 995392 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 434753 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | ADMIN FEE INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 80750 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 80750 |
| IRS990/OtherRevenueTotalAmt | 0 | 80750 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 3981475 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 3215000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | TIM WALTER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | AWARDING SCHOLARSHIPS TO LATC STUDENTS |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 2054139 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 2000776 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | FUNDING FOR LATC PROGRAM IMPROVEMENTS. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 179105 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 179105 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 15135945 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 1596645 |
| IRS990/PYInvestmentIncomeAmt | 0 | 574909 |
| IRS990/PYOtherExpensesAmt | 0 | 428045 |
| IRS990/PYOtherRevenueAmt | 0 | 136318 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 13668799 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 153683 |
| IRS990/PYTotalExpensesAmt | 0 | 2178373 |
| IRS990/PYTotalRevenueAmt | 0 | 15847172 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -3099247 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 4535697 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2235234 |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3744020 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 15135945 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 13114310 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1547818 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2089655 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 35631748 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 831474 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 572281 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 179628 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 181298 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 76633 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1841314 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 110967 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.93280 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.95060 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 35631748 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3744020 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 15135945 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 13114310 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1547818 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2089655 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 35631748 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 38199162 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 170310 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 136317 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 232101 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 100686 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 86686 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 726100 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 49472 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2649920 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 76774 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 2804825 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 83742 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 211345 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 91929 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 15361100 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 15417740 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 26714343 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1872435 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -1675679 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 490435 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 66942 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 4834078 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 11426331 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 15361100 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1395650 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 891340 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 1103527 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 58018 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 6656588 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 1280231 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 4834079 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1068852 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 78822 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 2054692 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 54906 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 6292381 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 1088528 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 6656588 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 888205 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 262070 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 43280 |
| IRS990ScheduleD/DisclosedForCharitablePrpsInd | 0 | false |
| IRS990ScheduleD/DisclosedOrgLegCtrlInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 3405 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3405 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 434753 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FUNDS HELD FOR OTHERS |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.80000 |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.20000 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 434753 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 450855 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | SCHOLARSHIP HOU |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | FESTIVAL OF TRE |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 436706 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 98964 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt | 0 | 86495 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.