Devils Lake Parks And Recreation Foundation is located in Devils Lake, ND. The organization was established in 2018. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Devils Lake Parks And Recreation Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Devils Lake Parks And Recreation Foundation 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, Devils Lake Parks And Recreation Foundation generated $90.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $88.7k during the year ending 12/2022. While expenses have increased by 7.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
DEVILS LAKE PARKS AND RECREATION FOUNDATION OPERATES THE GOLF COURSE CLUB HOUSE FOR DEVILS LAKE PARK BOARD WITH 90% OF THE PROFITS FROM THE OPERATIONS BEING PAID TO THE DEVILS LAKE PARKS AND RECREATION DISTRICT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Dunn President | 1 | $0 | |
Chad Palmer Vice Preside | 1 | $0 | |
Karen Swanson Secretary | 1 | $0 | |
Jeff Schwan Treasurer | 1 | $0 | |
Jamie Beck Director | 1 | $0 | |
Terry Wallace Ex-Officio | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $90,803 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $33,469 |
Professional fees and other payments to independent contractors | $750 |
Occupancy, rent, utilities, and maintenance | $22,679 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,844 |
Total expenses | $88,742 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,438 |
Other assets | $0 |
Total assets | $36,314 |
Total liabilities | $692 |
Net assets or fund balances | $35,622 |