Civic Intelligence

Lake Conference

990EZ • Fiscal year 2021 • EIN 41-1433319

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 10, 2021

Organization ProfileWWW.LAKECONFERENCE.ORG
5250 Grandview Square 2202Edina, MN 55436

(952) 797-6696

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

61st percentile

17%

Higher net margin than 61% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$12,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

73%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

63rd percentile

22%

Faster revenue growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$25,217

Up $10,628 (+73%) from 2020

Net Assets

Up

$25,217

Up $10,628 (+73%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin61st percentile

Revenue

Up

$62,956

Up $11,532 (+22%) from 2020

Expenses

Up

$52,328

Up $345 (+0.7%) from 2020

Net Income

Up

$10,628

Up $11,187 (+2001%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$40K$30K$20K$10K$0Assets 2011: $11,630Net Assets 2011: $11,6302011Assets 2012: $17,333Net Assets 2012: $17,3332012Assets 2013: $27,557Liabilities 2013: $0Net Assets 2013: $27,5572013Assets 2014: $29,668Liabilities 2014: $0Net Assets 2014: $29,6682014Assets 2015: $36,564Liabilities 2015: $0Net Assets 2015: $36,5642015Assets 2016: $30,953Liabilities 2016: $0Net Assets 2016: $30,9532016Assets 2017: $26,138Liabilities 2017: $0Net Assets 2017: $26,1382017Assets 2018: $19,910Liabilities 2018: $0Net Assets 2018: $19,9102018Assets 2019: $15,148Liabilities 2019: $0Net Assets 2019: $15,1482019Assets 2020: $14,589Liabilities 2020: $0Net Assets 2020: $14,5892020Assets 2021: $25,217Liabilities 2021: $0Net Assets 2021: $25,2172021Assets 2022: $16,890Liabilities 2022: $0Net Assets 2022: $16,8902022Assets 2023: $17,051Liabilities 2023: $0Net Assets 2023: $17,0512023Assets 2024: $3,443Net Assets 2024: $3,4432024Assets 2025: $2,394Net Assets 2025: $2,3942025

Highlighted filing

2021

Assets$25,217
Liabilities$0
Net Assets$25,217
Open 2021 Filing

Operations Trend

Revenue Growth63rd percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2011: $50,718Expenses 2011: $40,004Net Income 2011: $10,7142011Revenue 2012: $55,563Expenses 2012: $49,859Net Income 2012: $5,7042012Revenue 2013: $50,092Expenses 2013: $39,868Net Income 2013: $10,2242013Revenue 2014: $52,144Expenses 2014: $50,033Net Income 2014: $2,1112014Revenue 2015: $60,065Expenses 2015: $53,169Net Income 2015: $6,8962015Revenue 2016: $50,003Expenses 2016: $55,650Net Income 2016: -$5,6472016Revenue 2017: $51,393Expenses 2017: $53,176Net Income 2017: -$1,7832017Revenue 2018: $40,840Expenses 2018: $47,068Net Income 2018: -$6,2282018Revenue 2019: $48,109Expenses 2019: $52,871Net Income 2019: -$4,7622019Revenue 2020: $51,424Expenses 2020: $51,983Net Income 2020: -$5592020Revenue 2021: $62,956Expenses 2021: $52,328Net Income 2021: $10,6282021Revenue 2022: $50,515Expenses 2022: $58,842Net Income 2022: -$8,3272022Revenue 2023: $61,698Expenses 2023: $61,537Net Income 2023: $1612023Revenue 2024: $51,463Expenses 2024: $65,071Net Income 2024: -$13,6082024Revenue 2025: $59,245Expenses 2025: $60,294Net Income 2025: -$1,0492025

Highlighted filing

2021

Revenue$62,956
Expenses$52,328
Net Income$10,628
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 10, 2021
Return Version
2020v4.0
Gross Receipts
$62,956
Mission and Program Overview

Mission

The lake conference is a group of five high schools providing competition and special events in the areas of acedemics, arts, activities and athletics. Students participate in these events and are awarded medals, trophies, plaques, certificates and ribbons. Examples of these events are cheerleading, dance teams, concert bands, quiz bowl, several one day athletic events and a leadership workshop.

The lake conference is a group of seven high schools providing competition and special events in the areas of academics, arts, activities and athletics. Students participate in these events and are awarded medals, trophies, plaques, certificates and ribbons. Examples of these events are cheerleading, dance teams, concert bands, quiz bowl, several one day athletic events and leadership workshops for students.

Program Services

DescriptionGrantsExpenses
THE LAKE CONFERENCE PRIDES ITSELF ON BEING ONE OF THE PREMIER HIGH SCHOOL CONFERENCES IN THE STATE OF MINNESOTA. CURRENTLY MEMBER SCHOOLS FIELD A FULL COMPLEMENT OF 36 INTERSCHOLASTIC SPORTS AND 22 FINE ARTS ACTIVITIES.-$33,774
THE LAKE CONFERENCE PRIDES ITSELF ON BEING ONE OF THE PREMIER HIGH SCHOOL CONFERENCES IN THE STATE OF MINNESOTA. CURRENTLY MEMBER SCHOOLS FIELD A FULL COMPLEMENT OF 36 INTERSCHOLASTIC SPORTS AND 22 FINE ARTS ACTIVITIES.-$17,779
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUDY TROMBLEYExecutive SePT$12,000-$12,000
A BEATON - EDINA HSDirector-$0--
C BALLARD- HOPKINS HSDirector-$0--
J ERICKSON - MINNETONKA HSDirector-$0--
S GENGLER - WAYZATA HSDirector-$0--
-Director-$0--
M MISCHKE - BUFFALO HSDirector-$0--
B DRIVER - ST MICHAEL ALBERTVILLE HDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lake Conference
EIN
41-1433319
Phone
9527976696
Address
5250 GRANDVIEW SQUARE 2202, EDINA, MN 55436

Signing Officer

Name
Judy Trombley
Title
Executive Secretary
Phone
9527976696
Signed
2021-08-10
Discuss with paid preparer
Yes

Preparer

Firm
Quist and Company Pc
Address
3459 WASHINGTON DR STE 204, EAGAN, MN 55122
Preparer
Allan G Quist CPA
Phone
6516888604
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Lake conference track conference track exp 1,654 nordic ski nordic ski 8,985 expenses office supplies 115 website-rschool for hs 4,165 website-rschool for mid sch 2,975 awards 8,497 cross country meet 10,700 golf 2,427 dance 150 total 39,668”

Form 990-ez, Part III

“The lake conference is a group of seven high schools providing competition and special events in the areas of academics, arts, activities and athletics. Students participate in these events and are awarded medals, trophies, plaques, certificates and ribbons. Examples of these events are cheerleading, dance teams, concert bands, quiz bowl, several one day athletic events and leadership workshops for students.”

Form 990-ez, Part III, Line 31

“The lake conference prides itself on being one of the premier high school conferences in the state of minnesota. Currently member schools field a full complement of 36 interscholastic sports and 22 fine arts activities.”

Raw XML Appendix167 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
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CompensationExplanation/CompensationExplanationGrp/PersonNm3J ERICKSON MINNETONKA HS
CompensationExplanation/CompensationExplanationGrp/PersonNm4S GENGLER WAYZATA HS
CompensationExplanation/CompensationExplanationGrp/PersonNm5M MISCHKE BUFFALO HS
CompensationExplanation/CompensationExplanationGrp/PersonNm6B DRIVER ST MICHAEL ALBERTVILLE HS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0R VIRGIN - EDEN PRAIRIE HS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUDY TROMBLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1A BEATON - EDINA HS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2C BALLARD- HOPKINS HS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3J ERICKSON - MINNETONKA HS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4S GENGLER - WAYZATA HS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5M MISCHKE - BUFFALO HS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6B DRIVER - ST MICHAEL ALBERTVILLE H
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE SE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt039668
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE LAKE CONFERENCE IS A GROUP OF SEVEN HIGH SCHOOLS PROVIDING COMPETITION AND SPECIAL EVENTS IN THE AREAS OF ACADEMICS, ARTS, ACTIVITIES AND ATHLETICS. STUDENTS PARTICIPATE IN THESE EVENTS AND ARE AWARDED MEDALS, TROPHIES, PLAQUES, CERTIFICATES AND RIBBONS. EXAMPLES OF THESE EVENTS ARE CHEERLEADING, DANCE TEAMS, CONCERT BANDS, QUIZ BOWL, SEVERAL ONE DAY ATHLETIC EVENTS AND LEADERSHIP WORKSHOPS FOR STUDENTS.
IRS990EZ/ProgramServiceRevenueAmt020956
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE LAKE CONFERENCE PRIDES ITSELF ON BEING ONE OF THE PREMIER HIGH SCHOOL CONFERENCES IN THE STATE OF MINNESOTA. CURRENTLY MEMBER SCHOOLS FIELD A FULL COMPLEMENT OF 36 INTERSCHOLASTIC SPORTS AND 22 FINE ARTS ACTIVITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE LAKE CONFERENCE PRIDES ITSELF ON BEING ONE OF THE PREMIER HIGH SCHOOL CONFERENCES IN THE STATE OF MINNESOTA. CURRENTLY MEMBER SCHOOLS FIELD A FULL COMPLEMENT OF 36 INTERSCHOLASTIC SPORTS AND 22 FINE ARTS ACTIVITIES.
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IRS990EZ/SalariesOtherCompEmplBnftAmt012000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052328
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LAKECONFERENCE.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt042000
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt033250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0182250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt020956
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt051424
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt044859
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt040840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt051393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0209472
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt062956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt093424
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt070840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt086393
IRS990ScheduleA/Total509Grp/TotalAmt0391722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt062956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt093424
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt078109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt070840
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt086393
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0391722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAKE CONFERENCE TRACK CONFERENCE TRACK EXP 1,654 NORDIC SKI NORDIC SKI 8,985 EXPENSES OFFICE SUPPLIES 115 WEBSITE-RSCHOOL FOR HS 4,165 WEBSITE-RSCHOOL FOR MID SCH 2,975 AWARDS 8,497 CROSS COUNTRY MEET 10,700 GOLF 2,427 DANCE 150 TOTAL 39,668
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LAKE CONFERENCE IS A GROUP OF SEVEN HIGH SCHOOLS PROVIDING COMPETITION AND SPECIAL EVENTS IN THE AREAS OF ACADEMICS, ARTS, ACTIVITIES AND ATHLETICS. STUDENTS PARTICIPATE IN THESE EVENTS AND ARE AWARDED MEDALS, TROPHIES, PLAQUES, CERTIFICATES AND RIBBONS. EXAMPLES OF THESE EVENTS ARE CHEERLEADING, DANCE TEAMS, CONCERT BANDS, QUIZ BOWL, SEVERAL ONE DAY ATHLETIC EVENTS AND LEADERSHIP WORKSHOPS FOR STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE LAKE CONFERENCE PRIDES ITSELF ON BEING ONE OF THE PREMIER HIGH SCHOOL CONFERENCES IN THE STATE OF MINNESOTA. CURRENTLY MEMBER SCHOOLS FIELD A FULL COMPLEMENT OF 36 INTERSCHOLASTIC SPORTS AND 22 FINE ARTS ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDY TROMBLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09527976696
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE CONFERENCE
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0411433319
ReturnHeader/Filer/PhoneNum09527976696
ReturnHeader/Filer/USAddress/AddressLine1Txt05250 GRANDVIEW SQUARE 2202
ReturnHeader/Filer/USAddress/CityNm0EDINA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055436
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271123843
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0QUIST AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03459 WASHINGTON DR STE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAGAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055122
ReturnHeader/PreparerPersonGrp/PhoneNum06516888604
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLAN G QUIST CPA
ReturnHeader/ReturnTs02021-08-10T14:20:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JUDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TROMBLEY
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$25,217
Liabilities
$0
Net assets
$25,217
Revenue
$62,956
Expenses
$52,328
Net income
$10,628
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.39$2.39$59.2$60.3$1.05
2024Detailed filing. Detailed filing data is available for this year.$3.44$3.44$51.5$65.1$13.6
2023Detailed filing. Detailed filing data is available for this year.$17.1$0.00$17.1$61.7$61.5$0.16
2022Detailed filing. Detailed filing data is available for this year.$16.9$0.00$16.9$50.5$58.8$8.33
2021Detailed filing. Detailed filing data is available for this year.$25.2$0.00$25.2$63.0$52.3$10.6
2020Detailed filing. Detailed filing data is available for this year.$14.6$0.00$14.6$51.4$52.0$0.56
2019Detailed filing. Detailed filing data is available for this year.$15.1$0.00$15.1$48.1$52.9$4.76
2018Detailed filing. Detailed filing data is available for this year.$19.9$0.00$19.9$40.8$47.1$6.23
2017Detailed filing. Detailed filing data is available for this year.$26.1$0.00$26.1$51.4$53.2$1.78
2016Detailed filing. Detailed filing data is available for this year.$31.0$0.00$31.0$50.0$55.7$5.65
2015Detailed filing. Detailed filing data is available for this year.$36.6$0.00$36.6$60.1$53.2$6.90
2014Detailed filing. Detailed filing data is available for this year.$29.7$0.00$29.7$52.1$50.0$2.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$0.00$27.6$50.1$39.9$10.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$17.3$55.6$49.9$5.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$11.6$50.7$40.0$10.7