Overview
What is Nlaabc?
Nlaabc is a nonprofit organization based in Forest Lake, Minnesota, with the primary mission of purchasing and leasing a school facility for North Lakes Academy. This endeavor aims to provide a suitable learning environment for the academy, thereby contributing to educational opportunities in the community. The organization's activities are focused on this specific mission, which involves acquiring and managing a school facility.
Is Nlaabc legitimate?
Nlaabc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nlaabc 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
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What is the mission statement of Nlaabc?
Nlaabc's mission is centered around acquiring and leasing a school facility for North Lakes Academy. This mission aims to provide a physical space for educational activities, thereby contributing to the learning and growth of students in an appropriate environment. The organization's primary goal is to ensure that North Lakes Academy has a suitable facility to carry out its educational activities effectively. This mission demonstrates Nlaabc's commitment to supporting education and fostering a conducive learning environment.
Who is the CEO of Nlaabc?
Mike Higgins is the Board Chair of Nlaabc.
What is the revenue of Nlaabc?
Nlaabc's revenue in 2022 was $1,601,278.
Who are the executives of Nlaabc and what are their salaries?
There 3 volunteers at Nlaabc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nlaabc?
Nlaabc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nlaabc
Nlaabc, a nonprofit organization, is committed to procuring and leasing a school facility for North Lakes Academy. This mission is a crucial endeavor, aiming to provide an educational space for the academy. By purchasing and leasing a school facility, Nlaabc plays a significant role in ensuring the continuity and success of North Lakes Academy, ultimately contributing to the education of its students.
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Impact
October, 2024
Nlaabc has a significant impact on the educational landscape in Forest Lake, MN, by facilitating the acquisition and leasing of a school facility for North Lakes Academy. This initiative supports the growth and sustainability of educational opportunities in the community, ensuring that students have access to quality learning environments. By focusing on providing a dedicated space for North Lakes Academy, Nlaabc enhances the school’s ability to deliver an effective education, fostering a supportive atmosphere for both students and educators. This investment in educational infrastructure not only benefits current students but also contributes to the long-term development of the community's educational resources.
This information is meant to be a general summary of Nlaabc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $792
- Program Service Revenue: $1,600,486
- Gross Receipts: $1,601,278
Assets and Liabilities:
- Total Assets: $28,699,674
- Total Liabilities: $33,249,253
- Net Assets: -$4,549,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$1,600,486
Organization Details
Founding Year
2018
Phone
(651) 982-2773Principal Officer
Mike Higgins
Main Address
308 15TH STREET, FOREST LAKE, MN, 55025
NTEE Category
Code: B11 - Education
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