Civic Intelligence

Laker Educational Foundation

990 • Fiscal year 2023 • EIN 38-3717510

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

Organization ProfileWWW.LAKERFOUNDATION.ORG
PO Box 840Prior Lake, MN 55372

(952) 226-0063

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

7.20x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

7th percentile

-79%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$7,869

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 33.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

44th percentile

-1.2%

Faster asset growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-41%

Faster revenue growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$372,581

Down $4,695 (-1.2%) from 2022

Net Assets

Up

$204,908

Up $3,995 (+2.0%) from 2022

Liabilities

Down

$167,673

Down $8,690 (-4.9%) from 2022

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin7th percentile

Revenue

Down

$23,296

Down $16,478 (-41%) from 2022

Expenses

Up

$41,593

Up $12,929 (+45%) from 2022

Net Income

Down

-$18,297

Down $29,407 (-265%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$400K$300K$200K$100K$0Assets 2010: $279,514Liabilities 2010: $4,527Net Assets 2010: $274,9872010Assets 2011: $299,858Liabilities 2011: $3,576Net Assets 2011: $296,2822011Assets 2012: $323,506Liabilities 2012: $5,667Net Assets 2012: $317,8392012Assets 2013: $326,553Liabilities 2013: $12,250Net Assets 2013: $314,3032013Assets 2014: $304,035Liabilities 2014: $13,426Net Assets 2014: $290,6092014Assets 2015: $316,655Liabilities 2015: $17,244Net Assets 2015: $299,4112015Assets 2016: $335,267Liabilities 2016: $13,469Net Assets 2016: $321,7982016Assets 2017: $344,660Liabilities 2017: $38,621Net Assets 2017: $306,0392017Assets 2018: $343,819Liabilities 2018: $18,408Net Assets 2018: $325,4112018Assets 2019: $356,019Liabilities 2019: $10,251Net Assets 2019: $345,7682019Assets 2020: $365,060Liabilities 2020: $24,133Net Assets 2020: $340,9272020Assets 2021: $399,486Liabilities 2021: $170,350Net Assets 2021: $229,1362021Assets 2022: $377,276Liabilities 2022: $176,363Net Assets 2022: $200,9132022Assets 2023: $372,581Liabilities 2023: $167,673Net Assets 2023: $204,9082023Assets 2024: $325,116Liabilities 2024: $132,514Net Assets 2024: $192,6022024Assets 2025: $341,278Liabilities 2025: $145,900Net Assets 2025: $195,3782025

Highlighted filing

2023

Assets$372,581
Liabilities$167,673
Net Assets$204,908
Open 2023 Filing

Operations Trend

Revenue Growth14th percentile

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

$150K$100K$50K$0-$50KExpenses 2010: $78,0642010Revenue 2011: $125,757Expenses 2011: $104,462Net Income 2011: $21,2952011Expenses 2012: $97,3082012Revenue 2013: $125,077Expenses 2013: $128,613Net Income 2013: -$3,5362013Revenue 2014: $101,269Expenses 2014: $114,798Net Income 2014: -$13,5292014Revenue 2015: $80,275Expenses 2015: $71,796Net Income 2015: $8,4792015Revenue 2016: $99,686Expenses 2016: $53,163Net Income 2016: $46,5232016Revenue 2017: $63,772Expenses 2017: $79,531Net Income 2017: -$15,7592017Revenue 2018: $6,890Expenses 2018: $24,388Net Income 2018: -$17,4982018Revenue 2019: $47,083Expenses 2019: $26,726Net Income 2019: $20,3572019Revenue 2020: $4,576Expenses 2020: $4,844Net Income 2020: -$2682020Revenue 2021: $43,197Expenses 2021: $9,833Net Income 2021: $33,3642021Revenue 2022: $39,774Expenses 2022: $28,664Net Income 2022: $11,1102022Revenue 2023: $23,296Expenses 2023: $41,593Net Income 2023: -$18,2972023Revenue 2024: $15,580Expenses 2024: $41,374Net Income 2024: -$25,7942024Revenue 2025: $23,401Expenses 2025: $35,339Net Income 2025: -$11,9382025

Highlighted filing

2023

Revenue$23,296
Expenses$41,593
Net Income-$18,297
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$36,684
Mission and Program Overview

Mission

To enhance learning for all who reside in, or are served by, the isd 719 community

To encourage creativity, innovation, and excellence by raising financial resources to enhance learning for all who reside in, or are served by, the isd 719 community

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$179,552$166,771▼ $12,781
Investments in Publicly Traded Securities$132,575$150,262▲ $17,687
Cash and Non-Interest-Bearing Accounts$65,149$55,548▼ $9,601
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$377,276$372,581▼ $4,695
Other Assets Total-$0-
Liabilities
Other Liabilities$176,363$162,376▼ $13,987
Grants Payable-$5,297-
Total Liabilities$176,363$167,673▼ $8,690
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$185,513$190,508▲ $4,995
Net Assets With Donor Restrictions$15,400$14,400▼ $1,000
Total Net Assets Fund Balance$200,913$204,908▲ $3,995
Total Liabilities and Net Assets / Fund Balance$377,276$372,581▼ $4,695
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleBaseTotal
Jayme AndersonExecutive Director$7,869$7,869

Board Members and Trustees

NameTitle
Richie KucinskiPresident
Keri ThayerBoard Member
Joseph BoykinDirector
Keri ThayerDirector
Kim ChurchillDirector
Paul WickDirector
Tim BellSecretary
Kim TredinnickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,806
Program Service Revenue
$0
Investment Income
$1,490
Other Revenue
$0
All Other Contributions
$21,806
Change in Net Assets
$-18,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$16,833
Other Expenses$14,290
Total Fundraising Expense$10,978
Salaries, Compensation, and Employee Benefits$10,470
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$14,333--$14,333
Current Officers, Directors, Trustees, and Key Employees-$7,869-$7,869
Advertising$533$1,332$3,462$5,327
Grants to Domestic Orgs$2,500--$2,500
Insurance$221$552$1,435$2,208
Other Salaries and Wages$186$464$1,207$1,857
Fees for Services Accounting$116$290$755$1,161
Payroll Taxes$74$186$484$744
Fees for Services Legal$65$163$422$650
Other Expenses$34$85$220$339
Fees for Services Other$34$84$219$337
All Other Expenses$5$13$32$50
Office Expenses$4$9$25$38
Total Functional Expenses$18,523$12,092$10,978$41,593
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fowr$105,664
Vfw Scholarship$12,000
Misc$8,000
Sam Foltz$7,000
Apple Auto$5,000
Jason Miller$5,000
Laker Scholarship$4,500
Love Like Laurie$3,500
Pls Optimist$2,750
Pl Sportsman$2,000
Morgan Stanley$1,962
Nuvera$1,000
Rotary$1,000
Sw Metro Cu$1,000
Mustanng Club$750
Laker Pride$500
New Creations$500
Nhs$250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the form 990 is provided to the laker educational foundation board of directors and will be reviewed and approved at the board meeting prior to being filed with the internal revenue service.”

Form 990, Part VI, Section C, Line 19

“Available on the laker educational foundation website.”

Filing and Contact Details

Filer

Filer Name
Laker Educational Foundation
EIN
38-3717510
Phone
9522260063
Address
PO BOX 840, PRIOR LAKE, MN 55372

Signing Officer

Name
Kim Tredinnick
Title
Treasurer
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
50

Preparer

Firm
Speiker & Company LTD
Address
PO BOX 130, Prior Lake, MN 55372
Preparer
James J Speiker Ii
Phone
9524406500
Raw XML AppendixShowing 400 of 502 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ENCOURAGE CREATIVITY, INNOVATION, AND EXCELLENCE BY RAISING FINANCIAL RESOURCES TO ENHANCE LEARNING FOR ALL WHO RESIDE IN, OR ARE SERVED BY, THE ISD 719 COMMUNITY
IRS990/AdvertisingGrp/FundraisingAmt03462
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01332
IRS990/AdvertisingGrp/ProgramServicesAmt0533
IRS990/AdvertisingGrp/TotalAmt05327
IRS990/AllOtherContributionsAmt021806
IRS990/AllOtherExpensesGrp/FundraisingAmt032
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05
IRS990/AllOtherExpensesGrp/TotalAmt050
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KIM TREDINNICK
IRS990/BooksInCareOfDetail/PhoneNum09522260063
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 840
IRS990/BooksInCareOfDetail/USAddress/CityNm0PRIOR LAKE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055372
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt065149
IRS990/CashNonInterestBearingGrp/EOYAmt055548
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07869
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt07869
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt021806
IRS990/CYGrantsAndSimilarPaidAmt016833
IRS990/CYInvestmentIncomeAmt01490
IRS990/CYOtherExpensesAmt014290
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-18297
IRS990/CYSalariesCompEmpBnftPaidAmt010470
IRS990/CYTotalExpensesAmt041593
IRS990/CYTotalFundraisingExpenseAmt010978
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt023296
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0PROVIDING GRANTS AND SCHOLARSHIPS TO INDIVIDUALS AND ORGANIZATIONS WHO EXHIBIT CREATIVITY, INNOVATION, AND EXCELLENCE. DURING 2015, THE LAKER EDUCATIONAL FOUNDATIN EVALUATED GRANT REQUESTS, AWARDING GRANTS TOTALLING $18743. THESE GRANTS FEATURE CREATIVE EFFORTS, THOSE FOUND IN EDUCATIONAL AREAS NOT FUNDED BY OPERATIONAL DOLLARS IN THE SCHOOLS. THESE PROJECTS ARE CAREFULLY DESCRIBED BY OUR TEACHERS, COMPARED AGAINST PROPOSALS AND AWARD FOR EVALUATION CRITERIA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt015400
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt014400
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt018523
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0755
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0290
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0116
IRS990/FeesForServicesAccountingGrp/TotalAmt01161
IRS990/FeesForServicesLegalGrp/FundraisingAmt0422
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0163
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt065
IRS990/FeesForServicesLegalGrp/TotalAmt0650
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0219
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt084
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt034
IRS990/FeesForServicesOtherGrp/TotalAmt0337
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JAYME ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1KIM TREDINNICK
IRS990/Form990PartVIISectionAGrp/PersonNm2TIM BELL
IRS990/Form990PartVIISectionAGrp/PersonNm3KERI THAYER
IRS990/Form990PartVIISectionAGrp/PersonNm4KIM CHURCHILL
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHIE KUCINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSEPH BOYKIN
IRS990/Form990PartVIISectionAGrp/PersonNm7KERI THAYER
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL WICK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt07869
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/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/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-2076
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsPayableGrp/EOYAmt05297
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt014333
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt014333
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02500
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt011312
IRS990/GrossReceiptsAmt036684
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt01435
IRS990/InsuranceGrp/ManagementAndGeneralAmt0552
IRS990/InsuranceGrp/ProgramServicesAmt0221
IRS990/InsuranceGrp/TotalAmt02208
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt05975
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03566
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03566
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0132575
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0150262
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt013388
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENHANCE LEARNING FOR ALL WHO RESIDE IN, OR ARE SERVED BY, THE ISD 719 COMMUNITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0200913
IRS990/NetAssetsOrFundBalancesEOYAmt0204908
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2076
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0-2076
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt016317
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0185513
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0190508
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt025
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09
IRS990/OfficeExpensesGrp/ProgramServicesAmt04
IRS990/OfficeExpensesGrp/TotalAmt038
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MISC
IRS990/OtherExpensesGrp/Desc1HOF
IRS990/OtherExpensesGrp/Desc2DUES
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
IRS990/OtherExpensesGrp/FundraisingAmt01807
IRS990/OtherExpensesGrp/FundraisingAmt1650
IRS990/OtherExpensesGrp/FundraisingAmt2260
IRS990/OtherExpensesGrp/FundraisingAmt3220
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0695
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt385
IRS990/OtherExpensesGrp/ProgramServicesAmt0278
IRS990/OtherExpensesGrp/ProgramServicesAmt1100
IRS990/OtherExpensesGrp/ProgramServicesAmt240
IRS990/OtherExpensesGrp/ProgramServicesAmt334
IRS990/OtherExpensesGrp/TotalAmt02780
IRS990/OtherExpensesGrp/TotalAmt11000
IRS990/OtherExpensesGrp/TotalAmt2400
IRS990/OtherExpensesGrp/TotalAmt3339
IRS990/OtherLiabilitiesGrp/BOYAmt0176363
IRS990/OtherLiabilitiesGrp/EOYAmt0162376
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01207
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0464
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0186
IRS990/OtherSalariesAndWagesGrp/TotalAmt01857
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0484
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0186
IRS990/PayrollTaxesGrp/ProgramServicesAmt074
IRS990/PayrollTaxesGrp/TotalAmt0744
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE LAKER EDUCATIONAL FOUNDATION HOLDS AND THEN DISTRIBUTES FUNDS ON BEHALF OF THE PRIOR LAKE HIGH SCHOOL GUIDANCE OFFICE. THE PLHS GUIDANCE OFFICE HAS A NUMBER OF DEDICATED SCHOLARSHIPS; THEY RAISE THE FUNDS AND DETERMINE THE RECIPIENTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05594
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt016449
IRS990/PYInvestmentIncomeAmt034180
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt011497
IRS990/PYRevenuesLessExpensesAmt011110
IRS990/PYSalariesCompEmpBnftPaidAmt0718
IRS990/PYTotalExpensesAmt028664
IRS990/PYTotalRevenueAmt039774
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-18297
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0179552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0166771
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05594
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt036420
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt021894
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010535
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt096370
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt096370
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt021927
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt036420
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt021894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010535
IRS990ScheduleA/Total509Grp/TotalAmt096370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt021927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05594
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt036420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt021894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010535
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt096370
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1105664
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt44500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt53500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt68000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt71962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt8750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt9500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt122000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt132750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt141000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt157000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt161000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1712000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0APPLE AUTO
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FOWR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2JASON MILLER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LAKER PRIDE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4LAKER SCHOLARSHIP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5LOVE LIKE LAURIE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6MISC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7MORGAN STANLEY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8MUSTANNG CLUB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9NEW CREATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc10NHS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc11NUVERA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc12PL SPORTSMAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc13PLS OPTIMIST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc14ROTARY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc15SAM FOLTZ
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc16SW METRO CU
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc17VFW SCHOLARSHIP
IRS990ScheduleD/TotalLiabilityAmt0162376
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0275
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt311058
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HIGHER EDUCATION SCHOLARSHIPS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$372,581
Liabilities
$167,673
Net assets
$204,908
Revenue
$23,296
Expenses
$41,593
Net income
-$18,297
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$1.46$1.95$0.23$0.35$0.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$1.33$1.93$0.16$0.41$0.26
2023Detailed filing. Detailed filing data is available for this year.$3.73$1.68$2.05$0.23$0.42$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$1.76$2.01$0.40$0.29$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$1.70$2.29$0.43$0.10$0.33
2020Summary only. Only limited summary data is available for this year.$3.65$0.24$3.41$0.05$0.05$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.10$3.46$0.47$0.27$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.18$3.25$0.07$0.24$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.39$3.06$0.64$0.80$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.13$3.22$1.00$0.53$0.47
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.17$0.17$2.99$0.80$0.72$0.08
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.13$2.91$1.01$1.15$0.14
2013Summary only. Only limited summary data is available for this year.$3.27$0.12$3.14$1.25$1.29$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.06$3.18$0.97
2011Summary only. Only limited summary data is available for this year.$3.00$0.04$2.96$1.26$1.04$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.05$2.75$0.78