Civic Intelligence

Lake Trails Base Camp Inc.

990 • Fiscal year 2024 • EIN 41-0916005

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 23, 2025

PO Box 810Warroad, MN 56763

(218) 223-8281

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-13%

Higher net margin than 23% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

46th percentile

-0.7%

Faster asset growth than 46% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

5.9%

Faster revenue growth than 54% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$444,116

Down $3,246 (-0.7%) from 2023

Net Assets

Down

$441,811

Down $4,080 (-0.9%) from 2023

Liabilities

Up

$2,305

Up $834 (+57%) from 2023

Revenue

Up

$222,598

Up $12,372 (+5.9%) from 2023

Expenses

Up

$252,565

Up $24,801 (+11%) from 2023

Net Income

Down

-$29,967

Down $12,429 (-71%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $530,603Liabilities 2011: $2,391Net Assets 2011: $528,2122011Assets 2012: $534,300Liabilities 2012: $149Net Assets 2012: $534,1512012Assets 2013: $462,315Liabilities 2013: $1,093Net Assets 2013: $461,2222013Assets 2014: $419,818Liabilities 2014: $6,648Net Assets 2014: $413,1702014Assets 2015: $403,798Liabilities 2015: $8,853Net Assets 2015: $394,9452015Assets 2016: $411,666Liabilities 2016: $5,296Net Assets 2016: $406,3702016Assets 2017: $447,857Liabilities 2017: $5,022Net Assets 2017: $442,8352017Assets 2018: $447,120Liabilities 2018: $2,120Net Assets 2018: $445,0002018Assets 2019: $447,677Liabilities 2019: $3,304Net Assets 2019: $444,3732019Assets 2020: $425,454Liabilities 2020: $4,857Net Assets 2020: $420,5972020Assets 2021: $502,313Liabilities 2021: $49,528Net Assets 2021: $452,7852021Assets 2022: $454,008Liabilities 2022: $6,465Net Assets 2022: $447,5432022Assets 2023: $447,362Liabilities 2023: $1,471Net Assets 2023: $445,8912023Assets 2024: $444,116Liabilities 2024: $2,305Net Assets 2024: $441,8112024Assets 2025: $470,518Liabilities 2025: $5,375Net Assets 2025: $465,1432025

Highlighted filing

2024

Assets$444,116
Liabilities$2,305
Net Assets$441,811

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $132,237Expenses 2011: $227,183Net Income 2011: -$94,9462011Revenue 2012: $224,128Expenses 2012: $222,728Net Income 2012: $1,4002012Revenue 2013: $135,844Expenses 2013: $217,171Net Income 2013: -$81,3272013Revenue 2014: $163,946Expenses 2014: $217,000Net Income 2014: -$53,0542014Revenue 2015: $189,192Expenses 2015: $206,462Net Income 2015: -$17,2702015Revenue 2016: $216,149Expenses 2016: $206,919Net Income 2016: $9,2302016Revenue 2017: $222,010Expenses 2017: $191,901Net Income 2017: $30,1092017Revenue 2018: $213,674Expenses 2018: $203,158Net Income 2018: $10,5162018Revenue 2019: $213,967Expenses 2019: $222,715Net Income 2019: -$8,7482019Revenue 2020: $99,221Expenses 2020: $114,748Net Income 2020: -$15,5272020Revenue 2021: $123,596Expenses 2021: $108,459Net Income 2021: $15,1372021Revenue 2022: $104,478Expenses 2022: $98,727Net Income 2022: $5,7512022Revenue 2023: $210,226Expenses 2023: $227,764Net Income 2023: -$17,5382023Revenue 2024: $222,598Expenses 2024: $252,565Net Income 2024: -$29,9672024Revenue 2025: $293,964Expenses 2025: $288,894Net Income 2025: $5,0702025

Highlighted filing

2024

Revenue$222,598
Expenses$252,565
Net Income-$29,967
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 23, 2025
Return Version
2024v5.1
Gross Receipts
$222,598
Mission and Program Overview

Mission

Laketrails is a nonprofit corporation founded on Christian values and traditions, serving teenage youth. Through a widerness camping adventure, teens learn healthy lifestyles, how to live in harmony with the earth and each other, and how to give back to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$234,466$245,535▲ $11,069
Investments in Publicly Traded Securities$133,010$96,276▼ $36,734
Cash and Non-Interest-Bearing Accounts$41,641$60,113▲ $18,472
Investments Other Securities$38,245$42,192▲ $3,947
Total Assets$447,362$444,116▼ $3,246
Liabilities
Accounts Payable and Accrued Expenses$1,471$2,305▲ $834
Total Liabilities$1,471$2,305▲ $834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$445,891$441,811▼ $4,080
Total Net Assets Fund Balance$445,891$441,811▼ $4,080
Total Liabilities and Net Assets / Fund Balance$447,362$444,116▼ $3,246

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$1,602,243-
Land$216,250--
Equipment$18,793$248,515-
Leasehold Improvements$10,492$63,370-
Other Securities$42,192--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Janae StreufertPresident
Samuel ColletteVice-President
Bruce KleinTrustee
Daryl GohlTrustee
Denny ForemanTrustee
Jeff KolehmainenTrustee
Jim LynchTrustee
Joe MillerTrustee
John DitzlerTrustee
Magnolia DitzlerTrustee
Mary AndersenTrustee
Matt KaleTrustee
Nick ColletteTrustee
Ryan SmithTrustee
Jack MillerSecretary
Jim TikalskyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$91,772
Program Service Revenue
$126,256
Investment Income
$4,570
Other Revenue
$0
All Other Contributions
$91,772
Change in Net Assets
$-29,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,281
Salaries, Compensation, and Employee Benefits$107,284
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$85,376$15,066$0$100,442
Travel$42,383$0$0$42,383
Occupancy$31,923$1,207$0$33,130
Insurance$20,439$0$0$20,439
Office Expenses$7,192$5,884$0$13,076
Payroll Taxes$5,816$1,026$0$6,842
Depreciation Depletion$6,260$0$0$6,260
Other Expenses$5,137$0$0$5,137
Fees for Services Accounting$0$3,110$0$3,110
Advertising$0$1,751$0$1,751
Information Technology$0$866$0$866
Total Functional Expenses$221,717$30,848$0$252,565
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Laketrails Base CampInc
EIN
41-0916005
Phone
2182238281
Address
PO Box 810, Warroad, MN 56763
Doing Business As
Laketrails

Signing Officer

Name
Janae Streufert
Title
Board President
Phone
2182238281
Signed
2025-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janae Streufert
Formed
1954
Legal Domicile
Mn
Voting Board Members
16
Independent Board Members
16
Employees
14
Volunteers
100

Preparer

Firm
Annajean Lee
Address
2601 Burnham Road, Minneapolis, MN 55416
Preparer
Annajean M Lee
Phone
6128457606
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Trustees John Ditzler and Magnolia Ditzler are grandfather and grandchild.Trustees Jack Miller and Joe Miller are brothers.Trustees Sam Collette and Nick Collette are brothers.

Pt VI, Line 6

Members of the Laketrails Corporation are elected by corporate membership in attendance at the annual meeting. To be eligible for membership, individuals must show interest in the mission and objectives of Laketrails. There are no membership dues and no contributions are required. Corporate membership is limited to 200.

Pt VI, Line 7A

The sole responsibility of corporate members is to annually elect the Board of Trustees, the governing body of Laketrails.

Pt VI, Line 11B

Each Trustee is provided a copy of the completed Form 990. The form is reviewed with the Board, and any questions Trustees may have are answered. Once this is done, Trustees are asked to formally approve the content of the form 990. After the review and consent, the form is submitted.

Pt VI, Line 19

Governing documents, financial reports and/or Form 990 are made available to the public on request.

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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01207
IRS990/OccupancyGrp/ProgramServicesAmt031923
IRS990/OccupancyGrp/TotalAmt033130
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05884
IRS990/OfficeExpensesGrp/ProgramServicesAmt07192
IRS990/OfficeExpensesGrp/TotalAmt013076
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Dues & Publications
IRS990/OtherExpensesGrp/Desc1Food
IRS990/OtherExpensesGrp/Desc2Licenses & Permits
IRS990/OtherExpensesGrp/Desc3Canteen/Mdse Supplies
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01938
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt116440
IRS990/OtherExpensesGrp/ProgramServicesAmt2751
IRS990/OtherExpensesGrp/ProgramServicesAmt35137
IRS990/OtherExpensesGrp/TotalAmt01938
IRS990/OtherExpensesGrp/TotalAmt116440
IRS990/OtherExpensesGrp/TotalAmt2751
IRS990/OtherExpensesGrp/TotalAmt35137
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
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IRS990/PayrollTaxesGrp/TotalAmt06842
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Janae Streufert
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Participant Fees
IRS990/ProgramServiceRevenueGrp/Desc1Sales of Camp Mdse
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0113786
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112470
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0109606
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04419
IRS990/PYOtherExpensesAmt0117962
IRS990/PYProgramServiceRevenueAmt096201
IRS990/PYRevenuesLessExpensesAmt0-17538
IRS990/PYSalariesCompEmpBnftPaidAmt0109802
IRS990/PYTotalExpensesAmt0227764
IRS990/PYTotalRevenueAmt0210226
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-29967
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt031095
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt051074
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0195464
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0103723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0107814
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt098171
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0710730
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04570
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04419
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0754
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01050
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011113
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010343
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt015462
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt038275
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04570
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04419
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0754
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011113
IRS990ScheduleA/InvestmentIncomeCYPct00.01460
IRS990ScheduleA/InvestmentIncomePYPct00.01100
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.91820
IRS990ScheduleA/PublicSupportPY509Pct00.89090
IRS990ScheduleA/PublicSupportTotal509Amt0697931
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt09930
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt010049
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt051074
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0218028
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0205807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0103723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0123276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt098171
IRS990ScheduleA/Total509Grp/TotalAmt0749005
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0760118
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01602243
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01602243
IRS990ScheduleD/EquipmentGrp/BookValueAmt018793
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0248515
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0267308
IRS990ScheduleD/LandGrp/BookValueAmt0216250
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0216250
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010492
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt063370

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.71$0.05$4.65$2.94$2.89$0.05
2024Detailed filing. Detailed filing data is available for this year.$4.44$0.02$4.42$2.23$2.53$0.30
2023Detailed filing. Detailed filing data is available for this year.$4.47$0.01$4.46$2.10$2.28$0.18
2022Detailed filing. Detailed filing data is available for this year.$4.54$0.06$4.48$1.04$0.99$0.06
2021Detailed filing. Detailed filing data is available for this year.$5.02$0.50$4.53$1.24$1.08$0.15
2020Detailed filing. Detailed filing data is available for this year.$4.25$0.05$4.21$0.99$1.15$0.16
2019Detailed filing. Detailed filing data is available for this year.$4.48$0.03$4.44$2.14$2.23$0.09
2018Detailed filing. Detailed filing data is available for this year.$4.47$0.02$4.45$2.14$2.03$0.11
2017Summary only. Only limited summary data is available for this year.$4.48$0.05$4.43$2.22$1.92$0.30
2016Summary only. Only limited summary data is available for this year.$4.12$0.05$4.06$2.16$2.07$0.09
2015Summary only. Only limited summary data is available for this year.$4.04$0.09$3.95$1.89$2.06$0.17
2014Summary only. Only limited summary data is available for this year.$4.20$0.07$4.13$1.64$2.17$0.53
2013Summary only. Only limited summary data is available for this year.$4.62$0.01$4.61$1.36$2.17$0.81
2012Summary only. Only limited summary data is available for this year.$5.34$0.00$5.34$2.24$2.23$0.01
2011Summary only. Only limited summary data is available for this year.$5.31$0.02$5.28$1.32$2.27$0.95