Friends Of Twin Lakes
- Assets
- $178.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Twin Lakes, CO
- Founding
- 11/2011
- Data as of
- 12/2022
- EIN
- 27-4536791
Organization Overview
Friends Of Twin Lakes is located in Twin Lakes, CO. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Friends Of Twin Lakes 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 12/2022, Friends Of Twin Lakes generated $123.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $48.7k during the year ending 12/2022. While expenses have increased by 13.5% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Sweeney President | 25 | $0 | |
Colleen Schweigert Vice President-Treasurer | 3 | $0 | |
Beth Manning Secretary | 2 | $0 | |
Susan Ramsdell Director | 1 | $0 | |
Larry Marcum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,333 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,892 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,235 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $7,228 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,454 |
| Total expenses | $48,682 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,347 |
| Other assets | $0 |
| Total assets | $177,963 |
| Total liabilities | $1,786 |
| Net assets or fund balances | $176,177 |