Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
990EZ • Fiscal year 2019 • EIN 46-0381673
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
75th percentile
Faster asset growth than 75% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Assets
Up$233,429
Up $48,433 (+26%) from 2018
Net Assets
Up$233,429
Up $48,433 (+26%) from 2018
Liabilities
-
No earlier filing loaded for comparison.
Revenue
Up$83,898
Up $7,859 (+10%) from 2018
Expenses
Up$37,157
Up $21,869 (+143%) from 2018
Net Income
Down$46,741
Down $14,010 (-23%) from 2018
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.
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE FOR ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL INSTITUTE (EDUCATIONAL INSTITUTION), PRIMARILY THROUGH PUBLICATIONS AND SCHOLARSHIPS. | $16,227 | $33,854 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SHANE THORSTENSON | President | - | $0 | - | - |
| GARY FELLBAUM | Director | - | $0 | - | - |
| SHAWNA CONRAD | Director | - | $0 | - | - |
| DEREK MILLER | Director | - | $0 | - | - |
| CORY GEFFRE | Director | - | $0 | - | - |
| ADAM FISCHBACH | Director | - | $0 | - | - |
| HEIDI BOOMSMA | Director | - | $0 | - | - |
| RUSS MEUER | Director | - | $0 | - | - |
| TROY ZEBROSKI | Director | - | $0 | - | - |
| MORGAN JOHNSON | Development | - | $0 | - | - |
“Name: lake area tech institute foundation address: 1201 arrow ave ne watertown, sd 57201 cash contribution: 16,227”
“Expenses office supplies 120 recognition 7,695 insurance 375 board of director meeting 308 student relations 175 interest expense 33 miscellaneous 1,682 total 10,388”
“UNREALIZED GAIN 1,692”
“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.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BRITTANY ROST |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6058825284 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 730 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WATERTOWN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57201 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 184996 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 233429 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 7290 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 83014 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 46741 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 785 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 184996 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 233429 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 4520 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 5851 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 16227 |
| IRS990EZ/GrossReceiptsAmt | 0 | 172817 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2927 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 69215 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 184996 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 233429 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 184996 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 233429 |
| 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/AverageHrsPerWkDevotedToPosRt | 9 | 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/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SHANE THORSTENSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GARY FELLBAUM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SHAWNA CONRAD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DEREK MILLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CORY GEFFRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | ADAM FISCHBACH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | HEIDI BOOMSMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | RUSS MEUER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | TROY ZEBROSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | 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 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | DEVELOPMENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 1692 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10388 |
| 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 INSTITUTE (EDUCATIONAL INSTITUTION) AND TO DIRECT AN ORGANIZED COOPERATIVE EFFORT FOR THE ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL INSTITUTE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 9757 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE FOR ADVANCEMENT, DEVELOPMENT, AND ACHIEVEMENT OF LAKE AREA TECHNICAL INSTITUTE (EDUCATIONAL INSTITUTION), PRIMARILY THROUGH PUBLICATIONS AND SCHOLARSHIPS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 16227 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 33854 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 88865 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 5905 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -1385 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 37157 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 33854 |
| IRS990EZ/TotalRevenueAmt | 0 | 83898 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LAKEAREATECH.EDU |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 76505 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 73654 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 80173 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 58932 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 56745 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 346009 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2927 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1601 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2055 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 797 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1860 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 9240 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 138681 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.93650 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.92970 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 346009 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 76505 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 73654 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 80173 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 58932 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 56745 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 346009 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 369451 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 14202 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 14202 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: LAKE AREA TECH INSTITUTE FOUNDATION ADDRESS: 1201 ARROW AVE NE WATERTOWN, SD 57201 CASH CONTRIBUTION: 16,227 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OFFICE SUPPLIES 120 RECOGNITION 7,695 INSURANCE 375 BOARD OF DIRECTOR MEETING 308 STUDENT RELATIONS 175 INTEREST EXPENSE 33 MISCELLANEOUS 1,682 TOTAL 10,388 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNREALIZED GAIN 1,692 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2020-03-31 21:24:44Z |
| 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 | 2019-11-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAKE AREA TECHNICAL INSTITUTE |
| 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/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | B5AF86BE4C7E2721889D34699BB1C63A1848B6CE |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 05F306D322AA9CE035320F44B16AA575BAA07600 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 11:59:47 |
| 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 | 2019-11-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TANNER HEISER |
| ReturnHeader/ReturnTs | 0 | 2019-11-15T11:59:47-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-06-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
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