Lotus Center Inc
- Assets
- $55.6k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 18
- Location
- Moorhead, MN
- Founding
- 07/2019
- Data as of
- 09/2023
- EIN
- 82-3468934
Organization Overview
Lotus Center Inc is located in Moorhead, MN. The organization was established in 2019. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 09/2023, Lotus Center Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lotus Center 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, Lotus Center Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 57.7% each year . All expenses for the organization totaled $1.2m during the year ending 09/2023. While expenses have increased by 63.8% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HOLISTICALLY MEET THE NEEDS, PROVIDE OPPORTUNITIES, AND IMPROVE QUALITY OF LIFE FOR THOSE IMPACTED BY ALL ASPECTS OF ADDICTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOTUS CENTER, INC. PROVIDES AIDE TO MEMEBERS OF OUR COMMUNITY FACING THE STRUGGLES FOUND WITH SUBSTANCE USE DISORDERS.
PROVIDE A RECOVERY COMMUNITY ORGANIZATION THAT PROVIDES PEER SUPPORT SERVICES AND ADVOCACY WITHIN THE COMMUNITY FOR INDIVIDUALS IN OR SEEKING RECOVERY.
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 |
|---|---|---|---|
Clint Howitz President | OfficerTrustee | $0 | |
Brittany Hogan Board Member | Trustee | $0 | |
Megan Crommet Board Member | Trustee | $0 | |
Roberta Pytlik Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $176,791 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,352 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,143 |
| Total Program Service Revenue | $896,137 |
| Investment income | $13 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,089,293 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $688,245 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,667 |
| Payroll taxes | $50,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,395 |
| Advertising and promotion | $14,714 |
| Office expenses | $13,295 |
| Information technology | $56,281 |
| Royalties | $0 |
| Occupancy | $79,147 |
| Travel | $24,634 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,902 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,365 |
| Insurance | $29,465 |
| All other expenses | $14,284 |
| Total functional expenses | $1,155,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,409 |
| Savings and temporary cash investments | $517 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $31,286 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $375 |
| Total assets | $55,587 |
| Accounts payable and accrued expenses | $1,304 |
| 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 | $86,605 |
| Other liabilities | $0 |
| Total liabilities | $87,909 |
| Net assets without donor restrictions | -$32,322 |
| 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 | $55,587 |