Lakeland Rotary Foundation Inc
- Assets
- $51.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minocqua, WI
- Founding
- 04/2004
- Data as of
- 12/2018
- EIN
- 20-0803477
Organization Overview
Lakeland Rotary Foundation Inc is located in Minocqua, WI. The organization was established in 2004. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeland Rotary Foundation 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 12/2018, Lakeland Rotary Foundation Inc generated $27.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $37.1k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamala Schroeder Treasurer | 1 | $0 | |
Erv Teichmiller President | 1 | $0 | |
Rich Klatt Vice President | 1 | $0 | |
Fritz Wotruba Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,915 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,995 |
| Other Revenue | $0 |
| Total Revenue | $27,910 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,645 |
| Total expenses | $37,067 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,161 |
| Other assets | $0 |
| Total assets | $51,419 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,419 |