National Loon Center Foundation Inc
- Assets
- $1.6m
- Revenue
- $521.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Crosslake, MN
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 82-1717690
Organization Overview
National Loon Center Foundation Inc is located in Crosslake, MN. The organization was established in 2017. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2022, National Loon Center Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Loon Center Foundation 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, National Loon Center Foundation Inc generated $521.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $456.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO RESTORE AND PROTECT LOON HABITATS, ENHANCE ENVIRONMENTAL RECREATION, AND CONSTRUCT A RESEARCH AND EDUCATION CENTER FOR MIGRATORY WILDLIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL LOON CENTER SUBSTANTIALLY EXPANDED ITS IMPACT IN 2022 TO NEARLY 6,000 PEOPLE IN PERSON AND MANY THOUSANDS OF PEOPLE VIA OUR COMMUNICATIONS CHANNELS. THESE INDIVIDUALS WERE ENGAGED DIRECTLY IN THE CONSERVATION OF LOONS AND FRESHWATER ECOSYSTEMS. HERE ARE SOME OF THE IMPACTS: CONTINUED TO FUND NECROPSIES TO QUANTIFY LOON MORTALITY CAUSES, COLLECTING AND DELIVERING 8 SPECIMENS TO THE UNIVERSITY OF MINNESOTA'S DIAGNOSTIC LABORATORY.CONTRIBUTED TO THE MINNESOTA POLLUTION CONTROL AGENCY'S WATER MONITORING PROGRAM BY COLLECTING 16 WATER CLARITY MEASUREMENTS FROM TWO STREAM SITES ON THE PINE RIVER AND 19 MEASUREMENTS FROM CROSS LAKE.LAUNCHED THE STEWARDSHIP, A PONTOON USED FOR LOON AND FRESHWATER EDUCATION, WHICH PROVIDED 37 TOTAL TRIPS THAT ENABLED 439 PEOPLE TO ENJOY THE FREE STEWARDSHIP TOURS. STEWARDSHIP PARTICIPANTS HELPED TAKE A TOTAL OF 19 SECCHI DISK MEASUREMENTS FOR THE MPCA'S VOLUNTEER WATER MONITORING PROGRAM.THE 2022 RESEARCH EFFORT, WHICH MONITORED 132 LOON TERRITORIES ACROSS 74 LAKES, FOUND THAT 54 PREVIOUSLY BANDED ADULT LOONS RETURNED TO THE STUDY AREA IN 2022, INCLUDING 48 ADULTS BANDED IN 2021 AND SIX LOONS PREVIOUSLY BANDED BY THE USGS. A TOTAL OF 81 LOONS WERE NEWLY BANDED THIS YEAR (39 ADULTS AND 42 CHICKS). OVER THE PAST TWO YEARS, 87 ADULT LOONS HAVE BEEN BANDED AND 80 CHICKS (167 TOTAL BANDED LOONS).EDUCATED 5,000 VISITORS TO THE NEST ON THE CROSSLAKE TOWN SQUARE - OUR TEMPORARY VISITOR AND WELCOME CENTER.CONDUCTED MINNESOTA LOONS & FRESHWATER ECOSYSTEMS WORKSHOP IN COLLABORATION WITH NORTHERN WATERS LAND TRUST AND THE DEPARTMENT OF NATURAL RESOURCES' MINNESOTA LOON RESTORATION PROJECT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Forney President | OfficerTrustee | 5 | $0 |
Robert Long Vice President | OfficerTrustee | 5 | $0 |
Carla White Secretary | OfficerTrustee | 2 | $0 |
Scott Johnson Treasurer | OfficerTrustee | 1 | $0 |
Jim Anderson Director | Trustee | 1 | $0 |
Leah Heggerston Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $220,277 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,311 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $491,588 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,168 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $521,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,000 |
| 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. | $116,600 |
| Compensation of current officers, directors, key employees. | $15,158 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $52,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,606 |
| Advertising and promotion | $14,771 |
| Office expenses | $13,458 |
| Information technology | $320 |
| Royalties | $0 |
| Occupancy | $3,693 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,652 |
| Insurance | $11,396 |
| All other expenses | $0 |
| Total functional expenses | $456,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,820 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,517 |
| Prepaid expenses and deferred charges | $525 |
| Net Land, buildings, and equipment | $1,397,401 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,605,863 |
| Accounts payable and accrued expenses | $79,611 |
| 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 | $79,611 |
| Net assets without donor restrictions | $1,526,252 |
| Net assets with donor restrictions | $0 |
| 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 | $1,605,863 |
Grants Awarded
Over the last fiscal year, National Loon Center Foundation Inc has awarded $13,550 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF CROSSLAKE PURPOSE: TO SUPPORT A PARKING AND TRAFFIC STUDY | $6,000 |
UNIVERSITY OF MINNESOTA PURPOSE: GRAD STUDENT WORK ON NLC ED CURRICULUM | $7,550 |