Lakewood Educational Foundation
- Assets
- $490.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Odessa, MI
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 32-0050694
Organization Overview
Lakewood Educational Foundation is located in Lake Odessa, MI. The organization was established in 2004. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakewood Educational Foundation 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 12/2021, Lakewood Educational Foundation generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $51.3k during the year ending 12/2021. 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 |
|---|---|---|---|
Jennie Yonker President | 0 | $0 | |
Jeff Hynes Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,524 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $43,053 |
| Other Revenue | $0 |
| Total Revenue | $60,577 |
| 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 | $10,941 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $287 |
| Other expenses | $40,092 |
| Total expenses | $51,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $489,685 |
| Other assets | $0 |
| Total assets | $489,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $489,985 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lakewood Educational Foundation has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Association For The Performing Arts Columbus, OH | $17,900,822 | $9,227,744 |
Pro Musica Chamber Orchestra Of Columbus Inc Columbus, OH | $5,145,950 | $3,041,933 |
Ann Arbor Symphony Orchestra Inc Ann Arbor, MI | $3,657,914 | $2,567,889 |
Discovery Center Great Lakes Traverse City, MI | $6,353,377 | $976,955 |
Zoras House Inc Columbus, OH | $407,394 | $621,638 |
The Players Detroit, MI | $722,251 | $202,772 |
Foundation For Art And Music In Elementary Education Inc Fort Wayne, IN | $265,806 | $177,296 |
Gerald A Bartell Community Theatre Foundation Inc Madison, WI | $482,486 | $169,632 |
Farmington Players Inc Farmington Hills, MI | $1,222,199 | $6,223 |
Irish Restoration Association Inc Munroe Falls, OH | $169,930 | $0 |
Theater Bus Incorporated Madison, WI | $139,242 | $0 |
Lakewood Educational Foundation Lake Odessa, MI | $489,985 | $0 |