Northern Lights Foundation
- Assets
- $190.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 38-3732809
Organization Overview
Northern Lights Foundation is located in Duluth, MN. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Lights 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 12/2021, Northern Lights Foundation generated $116.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $59.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE PROVIDE $1,000 TO $4,000 TO FAMILIES THAT HAVE CHILDRENWITH LIVE THREATENING DIEASES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth C Larson President | 35 | $0 | |
Michael Larson Twin Cities President | 15 | $0 | |
Tim Swanson Board Member | 1 | $0 | |
Ross Perko Board Member | 1 | $0 | |
Patti Bjorklund Secretary | 5 | $0 | |
Adam Krause Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,551 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,558 |
| 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 | $26,775 |
| Occupancy, rent, utilities, and maintenance | $1,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,043 |
| Total expenses | $59,118 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,322 |
| Other assets | $0 |
| Total assets | $190,322 |
| Total liabilities | $3 |
| Net assets or fund balances | $190,319 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Northern Lights Foundation has recieved totaling $10,715.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $10,695 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bi-County Community Action Programs Inc Bemidji, MN | $4,444,331 | $10,197,107 |
District Council Of Madison Inc Society Of St Vincent De Paul Madison, WI | $28,009,040 | $10,756,088 |
Tri County Action Program Inc Waite Park, MN | $7,447,011 | $9,188,205 |
Good Shepherd Home Ltd Seymour, WI | $8,463,620 | $9,263,497 |
Catholic Charities Of The Archdiocese Of Milwaukee Inc Milwaukee, WI | $4,551,488 | $6,483,716 |
Indianhead Community Action Agency Ladysmith, WI | $6,806,545 | $7,146,116 |
Creative Community Options Inc Johnston, IA | $4,592,571 | $10,600,664 |
Minnesota River Area Agency On Aging Inc Mankato, MN | $2,137,697 | $7,668,556 |
Table To Table Food Distribution Network Iowa City, IA | $760,953 | $7,547,315 |
Native American Veterans Assistance Pine Ridge, SD | $3,554,178 | $8,561,228 |
Nexus Diversified Community Services Plymouth, MN | $72,247,234 | $7,466,723 |
Siouxland Human Investment Partnership Inc Sioux City, IA | $5,602,100 | $7,652,226 |