Lakes-Education Action Drive Inc
- Assets
- $84.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winter Haven, FL
- Founding
- 02/1987
- Data as of
- 09/2023
- EIN
- 59-2741774
Organization Overview
Lakes-Education Action Drive Inc is located in Winter Haven, FL. The organization was established in 1987. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakes-Education Action Drive 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 09/2023, Lakes-Education Action Drive Inc generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $30.1k during the year ending 09/2023. 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 |
|---|---|---|---|
Mary Thornhill President | 1 | $0 | |
Lance M Lumbard Vice President | 1 | $0 | |
Jacqueline Hollister Secretary | 1 | $0 | |
Thomas E Jennings Treasurer | 1 | $0 | |
Hunter King Director | 1 | $0 | |
Jessica Schilling Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,891 |
| Total Program Service Revenue | $0 |
| Membership dues | $50 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,967 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,194 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $19 |
| Other expenses | $8,919 |
| Total expenses | $30,132 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,668 |
| Other assets | $0 |
| Total assets | $84,668 |
| Total liabilities | $585 |
| Net assets or fund balances | $84,083 |