Lakeside Lutheran Foundation Inc
- Assets
- $2.1m
- Revenue
- -$18.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Mills, WI
- Founding
- 03/1989
- Data as of
- 05/2022
- EIN
- 39-1631918
Organization Overview
Lakeside Lutheran Foundation Inc is located in Lake Mills, WI. The organization was established in 1989. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, 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. Lakeside Lutheran 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 05/2022, Lakeside Lutheran Foundation Inc generated -$18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $80.1k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ONGOING FINANCIAL SUPPORT TO LAKESIDE LUTHERAN HIGH SCHOOL OF LAKE MILLS, WI, AND ITS STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKESIDE LUTHERAN HIGH SCHOOL GRANTS TO SUPPORT THE GENERAL OPERATING BUDGET OF THE SCHOOL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Schneider Dir / Treasurer | OfficerTrustee | 1 | $0 |
Greg Buxa Dir / Vice President | OfficerTrustee | 1 | $0 |
James Huska Dir / President | OfficerTrustee | 1 | $0 |
Natasha Steenbergen Dir/secretary | OfficerTrustee | 1 | $0 |
Gordon Schmidt Director | Trustee | 1 | $0 |
Michael Minning Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,733 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,733 |
| Total Program Service Revenue | $0 |
| Investment income | $46,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $94,363 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$18,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,013 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $80,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,705 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,802 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,727,637 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $294,914 |
| Total assets | $2,093,058 |
| Accounts payable and accrued expenses | $296,367 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $296,367 |
| Net assets without donor restrictions | $1,576,210 |
| Net assets with donor restrictions | $220,481 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,093,058 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lakeside Lutheran Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yeshivas Kesser Yonah Chicago, IL | $9,411,885 | $10,390,976 |
Marshall School Duluth, MN | $17,596,979 | $9,866,357 |
Black River Public School Holland, MI | $14,770,961 | $10,244,626 |
Spectrum High School Elk River, MN | $6,267,072 | $9,361,830 |
Unity Christian High School Association Hudsonville, MI | $27,373,298 | $9,427,523 |
Minnesota State High School League Brooklyn Center, MN | $6,775,860 | $10,103,240 |
South Christian High School Byron Center, MI | $50,178,328 | $10,525,213 |
Beacon Academy A Montessori High School Evanston, IL | $6,232,580 | $6,955,534 |
Chicago Hope Academy Chicago, IL | $40,014,679 | $17,748,373 |
Southwest Christian High School Inc Chaska, MN | $31,591,589 | $9,167,996 |
Potters House Wyoming, MI | $16,493,354 | $9,367,499 |
Providence St Mel School Chicago, IL | $98,454,200 | $9,264,028 |