Lakes Center For Youth And Families Inc
- Assets
- $720.3k
- Revenue
- $901.8k
- Investments
- $0.0
- Employees
- 29
- Location
- Forest Lake, MN
- Founding
- 06/1978
- Data as of
- 12/2022
- EIN
- 41-1322058
Organization Overview
Lakes Center For Youth And Families Inc is located in Forest Lake, MN. The organization was established in 1978. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Lakes Center For Youth And Families Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakes Center For Youth And Families 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 12/2022, Lakes Center For Youth And Families Inc generated $901.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $981.1k during the year ending 12/2022. While expenses have increased by 8.8% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LAKES CENTER FOR YOUTH AND FAMILIES (LC4YF) IS TO ENSURE THE SUCCESS OF YOUTH, ADULTS AND FAMILIES THROUGH PROGRAMMING TO MEET THE EVER CHANGING NEEDS OF OUR COMMUNITY.
Describe the Organization's Program Activity:
COUNSELING PROGRAM REACHED 166 CLIENTS IN 2022, RANGING IN AGE FROM 5 TO 75. WE PROVIDED 2,446 SESSIONS VIA TELEHEALTH, IN-OFFICE SESSIONS, AND IN- SCHOOL SESSIONS. WE HAD A REDUCTION IN EXPENSES FOR OUR COUNSELING PROGRAM DUE TO HAVING ONE LESS FTE FOR 6 MONTHS OUT OF THE YEAR.
INTERVENTION PROGRAM REACHED 188 YOUTH IN 2022, RANGING IN AGE FROM 5 TO 15. WE PROVIDED 383 SESSIONS THROUGH CLASSES, INDIVIDUAL PROGRAMMING, AND HOMEWORK. ADDITIONALLY, OUR LINWOOD INTERVENTION PROGRAM PROVIDED 300 SESSIONS (DUPLICATED).
ENRICHMENT PROGRAM REACHED 121 YOUTH IN 2022, RANGING IN AGE FROM 5 TO 15. WE PROVIDED 1,108 SESSIONS THROUGH OUR YOUTH FIRST CLASSES AND SAFETY CAMP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Madsen Executive Di | Officer | 40 | $99,915 |
Jamie Prettner CFO | Officer | 40 | $13,229 |
Richard Peterson Chair | OfficerTrustee | 1 | $0 |
Renee Wagner Chair Elect | OfficerTrustee | 1 | $0 |
Jim Gillach Treasurer | OfficerTrustee | 1 | $0 |
Keriann Hallberg Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,814 |
| Related organizations | $0 |
| Government grants | $327,132 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $521,268 |
| Total Program Service Revenue | $248,148 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,091 |
| Net Income from Gaming Activities | $131,264 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $901,772 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,784 |
| Compensation of current officers, directors, key employees. | $17,244 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $519,920 |
| Pension plan accruals and contributions | $9,271 |
| Other employee benefits | $70,061 |
| Payroll taxes | $47,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,633 |
| Fees for services: Accounting | $22,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,216 |
| Advertising and promotion | $15,788 |
| Office expenses | $6,313 |
| Information technology | $37,708 |
| Royalties | $0 |
| Occupancy | $39,489 |
| Travel | $6,010 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,054 |
| Interest | $308 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,400 |
| Insurance | $31,700 |
| All other expenses | $2,460 |
| Total functional expenses | $981,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,361 |
| Savings and temporary cash investments | $198,791 |
| Pledges and grants receivable | $118,305 |
| Accounts receivable, net | $8,184 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $293,798 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,835 |
| Total assets | $720,274 |
| Accounts payable and accrued expenses | $44,717 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $44,717 |
| Net assets without donor restrictions | $562,735 |
| Net assets with donor restrictions | $112,822 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $720,274 |