Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Lake Area Technical Institute Alumni Association
990EZ • Fiscal year 2022 • EIN 46-0381673
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Up$380,875
Up $40,150 (+12%) from 2021
Net Assets
Up$380,875
Up $40,150 (+12%) from 2021
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$79,131
Down $8,137 (-9.3%) from 2021
Expenses
Down$15,887
Down $20,591 (-56%) from 2021
Net Income
Up$63,244
Up $12,454 (+25%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Nov 14, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $91,422
Mission and Program Overview
Mission
To encourage a spirit of loyalty, fellowship and unity among the students, graduates, faculty, administration, and friends of the lake area technical institute (educational institution) and to direct an organized cooperative effort for the advancement, development, and achievement of lake area technical institute.
To encourage a spirit of loyalty, fellowship and unity among the students, graduates, faculty, administration, and friends of the lake area technical college (educational institution) and to direct an organized cooperative effort for the advancement, development, and achievement of lake area technical college.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE FOR ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL COLLEGE (EDUCATIONAL INSTITUTION), PRIMARILY THROUGH PUBLICATIONS AND SCHOLARSHIPS. | - | $14,064 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JULIE KNEELAND | President | - | $0 | - | - |
| TROY ZEBROSKI | Director | - | $0 | - | - |
| MICHELLE TURBAK | Director | - | $0 | - | - |
| SHAWNA SHELTON | Director | - | $0 | - | - |
| MARTY KOISTINEN | Director | - | $0 | - | - |
| RUSS MEUER | Director | - | $0 | - | - |
| JEN PENDLEY | Director | - | $0 | - | - |
| BRIAN ZAUG | Director | - | $0 | - | - |
| MORGAN JOHNSON | Development | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lake Area Technical College
- EIN
- 46-0381673
- Phone
- 6058825284
- Address
- 230 11TH STREET NE PO BOX 730, WATERTOWN, SD 57201-0730
Signing Officer
- Name
- Morgan Johnson
- Title
- Development Officer
- Phone
- 6058825284
- Signed
- 2022-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Vrs Pc
- Address
- PO BOX 1267, WATERTOWN, SD 57201-6267
- Preparer
- Rebecca Weber
- Phone
- 6058868425
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office supplies 162 insurance 400 board of director meeting 476 other expenses 50 alumni gathering 24 licenses and permits 10 marketing-graduation 100 marketing alumni 252 meetings 4 total 1,478”
Form 990-ez, Part I, Line 20
“Unrealized gain (loss) -23,094”
Form 990-ez, Part III
“To encourage a spirit of loyalty, fellowship and unity among the students, graduates, faculty, administration, and friends of the lake area technical college (educational institution) and to direct an organized cooperative effort for the advancement, development, and achievement of lake area technical college.”
Raw XML Appendix159 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MINDY WIRKUS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6058820686 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9 S BROADWAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WATERTOWN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57201 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 340725 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 380875 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 81044 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 63244 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 721 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 340725 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 380875 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 8355 |
| IRS990EZ/GrossReceiptsAmt | 0 | 91422 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2023 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 340725 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 380875 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 340725 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 380875 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JULIE KNEELAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TROY ZEBROSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MICHELLE TURBAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SHAWNA SHELTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MARTY KOISTINEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | RUSS MEUER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JEN PENDLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | BRIAN ZAUG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | MORGAN JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DEVELOPMENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -23094 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1478 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ENCOURAGE A SPIRIT OF LOYALTY, FELLOWSHIP AND UNITY AMONG THE STUDENTS, GRADUATES, FACULTY, ADMINISTRATION, AND FRIENDS OF THE LAKE AREA TECHNICAL COLLEGE (EDUCATIONAL INSTITUTION) AND TO DIRECT AN ORGANIZED COOPERATIVE EFFORT FOR THE ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL COLLEGE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 13688 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE FOR ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL COLLEGE (EDUCATIONAL INSTITUTION), PRIMARILY THROUGH PUBLICATIONS AND SCHOLARSHIPS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14064 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 12291 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -3936 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 15887 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 14064 |
| IRS990EZ/TotalRevenueAmt | 0 | 79131 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LAKEAREATECH.EDU |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 81044 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 84700 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 80861 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 76505 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 73654 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 396764 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2023 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 912 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5783 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2927 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1601 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 13246 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 301554 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.96770 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.96750 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 396764 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 81044 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 84700 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 80861 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 76505 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 73654 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 396764 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 410010 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE SUPPLIES 162 INSURANCE 400 BOARD OF DIRECTOR MEETING 476 OTHER EXPENSES 50 ALUMNI GATHERING 24 LICENSES AND PERMITS 10 MARKETING-GRADUATION 100 MARKETING ALUMNI 252 MEETINGS 4 TOTAL 1,478 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | UNREALIZED GAIN (LOSS) -23,094 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO ENCOURAGE A SPIRIT OF LOYALTY, FELLOWSHIP AND UNITY AMONG THE STUDENTS, GRADUATES, FACULTY, ADMINISTRATION, AND FRIENDS OF THE LAKE AREA TECHNICAL COLLEGE (EDUCATIONAL INSTITUTION) AND TO DIRECT AN ORGANIZED COOPERATIVE EFFORT FOR THE ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL COLLEGE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MORGAN JOHNSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DEVELOPMENT OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6058825284 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAKE AREA TECHNICAL COLLEGE |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ALUMNI ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAKE |
| ReturnHeader/Filer/EIN | 0 | 460381673 |
| ReturnHeader/Filer/PhoneNum | 0 | 6058825284 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 230 11TH STREET NE PO BOX 730 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WATERTOWN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 572010730 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 460414067 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | VRS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 1267 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WATERTOWN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 572016267 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6058868425 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | REBECCA WEBER |
| ReturnHeader/ReturnTs | 0 | 2022-11-14T17:23:24-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MORGAN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | JOHNSON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $380,875
- Liabilities
- -
- Net assets
- $380,875
- Revenue
- $79,131
- Expenses
- $15,887
- Net income
- $63,244