Lake 100 Inc
- Assets
- $95.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eustis, FL
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 81-2118399
Organization Overview
Lake 100 Inc is located in Eustis, FL. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Lake 100 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 12/2023, Lake 100 Inc generated $170.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $150.7k during the year ending 12/2023. While expenses have increased by 23.8% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ADVANCING ECONOMIC DEVELOPMENT IN LAKE COUNTY BY PROVIDING EDUCATION, GUIDANCE AND LEADERSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret Jones President | 2 | $0 | |
James Nussbaumer Vice President | 2 | $0 | |
Wayne Bailey Secretary | 2 | $0 | |
Roy C Carter Jr Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,055 |
| Membership dues | $105,695 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,750 |
| 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 | $62,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $255 |
| Other expenses | $87,514 |
| Total expenses | $150,719 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,672 |
| Other assets | $0 |
| Total assets | $95,355 |
| Total liabilities | $59,350 |
| Net assets or fund balances | $36,005 |