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Lake City Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411955601 ✦ Lake city, MN ✦ Designated as a 501(c)(3)

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Overview

What is Lake City Education Foundation?

The Lake City Education Foundation is a nonprofit organization located in Lake City, Minnesota. It primarily functions by granting scholarships to both students and academic staff within the Independent School District 813. This organization's mission is to support and aid the educational opportunities within this district, aiming to foster growth and development for its community. The Lake City Education Foundation serves as a vital resource in providing financial assistance to those pursuing education.

Is Lake City Education Foundation legitimate?

Lake City Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake City Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lake City Education Foundation?

The Lake City Education Foundation's mission is to assist Independent School District 813 in enhancing educational opportunities. This is achieved through various means, including providing scholarships to students and academic staff. The foundation's primary goal is to contribute to the educational growth and development within the district, aiming to foster a more enriching learning environment for all.

Who is the CEO of Lake City Education Foundation?

Brent Meincke is the President of Lake City Education Foundation.

What is the revenue of Lake City Education Foundation?

Lake City Education Foundation's revenue in 2023 was $113,622.

Who are the executives of Lake City Education Foundation and what are their salaries?


Here are 4 key members and their salaries:


Tracy Oliver (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci Green (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Meincke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Balow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake City Education Foundation?

Lake City Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake City Education Foundation

The Lake City Education Foundation is committed to assisting Independent School District 813 in enhancing educational opportunities. In pursuit of this mission, the foundation focuses on providing scholarships to both students and academic staff. By doing so, it aims to contribute to the overall educational growth and development within the district, thereby fostering a conducive learning environment for all.

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Impact




October, 2024

Lake City Education Foundation significantly impacts the educational landscape of Independent School District 813 by enhancing opportunities for both students and academic staff. Through the provision of scholarships, the foundation empowers students to pursue their educational ambitions, alleviating financial burdens and fostering a culture of academic excellence. Additionally, support for educators contributes to a more robust learning environment, ultimately benefiting the entire community in Lake City, MN. This initiative not only aids individuals but also strengthens the overall educational framework within the district.




This information is meant to be a general summary of Lake City Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$113,622 (2023)
Expenses
$96,140 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $20,332
  • Gross Receipts: $228,977

Assets and Liabilities:

  • Total Assets: $1,041,847
  • Total Liabilities: $0
  • Net Assets: $1,041,847

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Organization Details

Founding Year

2003

Principal Officer

Brent Meincke

Main Address

PO BOX 421, LAKE CITY, MN, 55041

NTEE Category

Code: B112 - Education

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