Friends Of Leisure Lake Inc
- Assets
- $24.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bernard, IA
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-3526402
Organization Overview
Friends Of Leisure Lake Inc is located in Bernard, IA. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Leisure Lake 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, Friends Of Leisure Lake Inc generated $25.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $31.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
FUNDS RAISED TO REPAIR AND BUILD SILT PONDS AND REPAIR DAM LEAKS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $52 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,552 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,515 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $185 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,083 |
| Total expenses | $31,783 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,189 |
| Other assets | $0 |
| Total assets | $24,189 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,189 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Leisure Lake Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $25,000 |
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