Lake Conference
- Assets
- $17.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edina, MN
- Founding
- 05/1984
- Data as of
- 06/2023
- EIN
- 41-1433319
Organization Overview
Lake Conference is located in Edina, MN. The organization was established in 1984. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Lake Conference 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 06/2023, Lake Conference generated $61.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $61.5k during the year ending 06/2023. While expenses have increased by 1.3% per year over the past 8 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.
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 |
|---|---|---|---|
Judy Trombley Executive Se | 5 | $12,000 | |
A Beaton - Edina Hs Director | 0 | $0 | |
C Ballard- Hopkins Hs Director | 0 | $0 | |
J Erickson - Minnetonka Hs Director | 0 | $0 | |
S Gengler - Wayzata Hs Director | 0 | $0 | |
Name Not Listed Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $21,698 |
| Membership dues | $35,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,698 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $660 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,877 |
| Total expenses | $61,537 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,051 |
| Other assets | $0 |
| Total assets | $17,051 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,051 |