Lakewood Educational Foundation
- Assets
- $385.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Odessa, MI
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 32-0050694
Organization Overview
Lakewood Educational Foundation is located in Lake Odessa, MI. The organization was established in 2004. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakewood Educational Foundation 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, Lakewood Educational Foundation generated $58.8k 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 (4.1%) each year. All expenses for the organization totaled $83.2k during the year ending 12/2022. 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 |
|---|---|---|---|
Breanna Chase Treasurer | 1 | $0 | |
Jennie Yonker President | 1 | $0 | |
Tim Spitzley Vice Preside | 1 | $0 | |
Jaimie Steward Secretary | 1 | $0 | |
Chad Hickey Director | 1 | $0 | |
Zack Woodman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,031 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,809 |
| Other Revenue | $0 |
| Total Revenue | $58,840 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,648 |
| Total expenses | $83,209 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $385,277 |
| Other assets | $0 |
| Total assets | $385,577 |
| Total liabilities | $0 |
| Net assets or fund balances | $385,577 |