Pal Foundation Of Crosslake
- Assets
- $117.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crosslake, MN
- Founding
- 07/2008
- Data as of
- 12/2022
- EIN
- 30-0457173
Organization Overview
Pal Foundation Of Crosslake is located in Crosslake, MN. The organization was established in 2008. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Pal Foundation Of Crosslake 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, Pal Foundation Of Crosslake generated $181.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $241.4k during the year ending 12/2022. While expenses have increased by 21.9% per year over the past 8 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 |
|---|---|---|---|
Alden Hardwick Chairman Co-Treasure | 16 | $0 | |
Jessie Eide Vice Chairman | 6 | $0 | |
Tom Swenson Secretary Co-Treasure | 8 | $0 | |
Mic Tchida Broad Member | 1 | $0 | |
Mark Lindner Board Member | 1 | $0 | |
Mike O'connell Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,087 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $144 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,984 |
| Other Revenue | $0 |
| Total Revenue | $181,215 |
| 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 | $798 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $297 |
| Other expenses | $0 |
| Total expenses | $241,398 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,312 |
| Other assets | $0 |
| Total assets | $117,312 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,312 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pal Foundation Of Crosslake has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Impact Community Action Partnership Inc Des Moines, IA | $12,202,614 | $39,610,263 |
360 Communities Burnsville, MN | $3,339,233 | $6,729,234 |
North Dakota Association Of Rural Cooperatives Mandan, ND | $8,007,431 | $4,395,007 |
Urban Homeworks Inc Minneapolis, MN | $14,877,768 | $4,422,020 |
South Dakota Rural Electric Association Inc Pierre, SD | $1,829,907 | $2,997,836 |
Minnesota Housing Partnership Saint Paul, MN | $2,330,685 | $2,401,116 |
South Dakota Association Of Rural Water Systems Madison, SD | $2,366,062 | $2,648,175 |
Jewish Community Relations Council Minnesota & The Dakotas Minneapolis, MN | $2,105,786 | $2,086,548 |
Citizens League St Paul, MN | $906,075 | $958,282 |
Metropolitan Housing Development Waunakee, WI | $3,711,663 | $770,538 |
Madison Northside Planning Council Inc Madison, WI | $1,597,518 | $984,052 |
South Dakota Grass Lands Coalition Presho, SD | $103,425 | $620,699 |