Friends Of Lake Monroe Inc
- Assets
- $61.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-4844080
Organization Overview
Friends Of Lake Monroe Inc is located in Bloomington, IN. The organization was established in 2018. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, 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. Friends Of Lake Monroe 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 12/2021, Friends Of Lake Monroe Inc generated $95.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $98.4k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Krause Vice President | 10 | $0 | |
Joseph Ryan Treasurer | 10 | $0 | |
Keith Bobay Secretary | 10 | $0 | |
Cheryl Munson Director | 10 | $0 | |
Mary Madore Director | 10 | $0 | |
Tom Gallagher Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,630 |
| 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 | $95,630 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $89,011 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $386 |
| Other expenses | $9,052 |
| Total expenses | $98,449 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,674 |
| Other assets | $0 |
| Total assets | $61,674 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,674 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Lake Monroe Inc has recieved totaling $32,403.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $25,250 |
Community Foundation Of Bloomington And Monroe County Inc Bloomington, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,142 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Illinois Soil & Water Conservation Districts Springfield, IL | $387,461 | $3,234,520 |
Bond Madison Water Company Pocahontas, IL | $13,786,763 | $2,866,600 |
Ozarks Environmental Services Kimberling City, MO | $1,364,072 | $2,517,937 |
Living Lands & Waters East Moline, IL | $3,683,421 | $2,325,294 |
The Wetlands Initiative Chicago, IL | $10,049,194 | $2,434,760 |
Friends Of The Lost River Inc Bowling Green, KY | $7,331,872 | $2,984,524 |
Lakeshore Farm Management Coop Valders, WI | $1,770,762 | $1,460,336 |
Alliance For Water Efficiency Nfp Chicago, IL | $510,612 | $1,181,528 |
Watershed Committee Of Ozarks Inc Springfield, MO | $3,357,505 | $2,342,450 |
Wild Rivers Conservancy Of The St Croix & Namekagon Osceola, WI | $495,125 | $1,215,590 |
Current Innovation Nfp Chicago, IL | $1,711,019 | $1,322,171 |
Clean Lakes Alliance Inc Madison, WI | $705,548 | $888,055 |