everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Lake City Education Foundation

Lake City, MN / EIN 41-1955601 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201136,16824,81311,35559.80%
201893,90312,58581,318281.8
2020208,44325,960182,483277.00%
202130,19973,025−42,826169.40%
2022164,88476,12688,758152.20%
2023113,62296,14017,482130.00%
2024136,35154,15182,200265.60%

In its most recent public year (2024), this organization brought in $82,200 more than it spent. Its reserves stood at about 265.6 months of spending, up from 59.8 in 2011. Staff pay was 0% of spending. $567,700 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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