Pal Foundation Of Crosslake
- Assets
- $121.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crosslake, MN
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 30-0457173
Organization Overview
Pal Foundation Of Crosslake is located in Crosslake, MN. The organization was established in 2008. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pal Foundation Of Crosslake 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 12/2023, Pal Foundation Of Crosslake generated $95.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $90.8k during the year ending 12/2023. While expenses have increased by 20.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alden Hardwick Chairman Co-Treasure | 16 | $0 | |
Priscilla Balmer Vice Chairman | 6 | $0 | |
Tom Swenson Secretary Co-Treasure | 10 | $0 | |
Mic Tchida Broad Member | 1 | $0 | |
Mike O'connell Board Member | 3 | $0 | |
Corrie Craig Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,658 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $490 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,254 |
| Other Revenue | $0 |
| Total Revenue | $95,402 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $798 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $369 |
| Other expenses | $0 |
| Total expenses | $90,779 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,936 |
| Other assets | $0 |
| Total assets | $121,936 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,936 |