Lantis Foundation Inc
- Assets
- $318.6k
- Revenue
- $543.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Spearfish, SD
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 20-5857842
Organization Overview
Lantis Foundation Inc is located in Spearfish, SD. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lantis Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lantis Foundation Inc generated $543.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lantis Foundation Inc has awarded 34 individual grants totaling $2,008,702. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ellen Lantis President | 0 | $0 | |
Cammy Lantis Director | 0 | $0 | |
Wendy Soulek Director | 0 | $0 | |
Travis Lantis Director | 0 | $0 | |
Sandra Leah Rinard Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $0 |
| Net Rental Income | $8,417 |
| Net Gain on Sale of Assets | $483,073 |
| Capital Gain Net Income | $483,073 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $543,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $44,229 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,354 |
| Total operating and administrative expenses | $51,583 |
| Contributions, gifts, grants paid | $1,384,149 |
| Total expenses and disbursements | $1,435,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,823 |
| Savings and temporary cash investments | $20,746 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $318,569 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lantis Foundation Inc has awarded $1,384,149 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BHSU FOUNDATION PURPOSE: TO SUPPORT COLLEGE RODEO ATHLETES AND RODEO TEAMS | $99,771 |
ALLISON JILEK PURPOSE: SCHOLARSHIP PAYMENTS TO ASSIST THE STUDENT IN FURTHERING HER EDUCATION ON HER PATH TO ACHIEVING HER DREAMS. | $3,750 |
DILLION CRAIG PURPOSE: SCHOLARSHIP PAYMENTS TO ASSIST THE STUDENT IN FURTHERING HIS EDUCATION ON HIS PATH TO ACHIEVING HIS DREAMS | $1,250 |
MAX KRIER PURPOSE: SCHOLARSHIP PAYMENTS TO ASSIST THE STUDENT IN FURTHERING HIS EDUCATION ON HIS PATH TO ACHIEVING HIS DREAMS. | $1,250 |
BRIDGER REHAB AND CARE CENTER PURPOSE: . | $1,278,128 |