Watertown Laker Foundation
- Assets
- $17.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, SD
- Founding
- Data as of
- 06/2024
- EIN
- 87-3189870
Organization Overview
Watertown Laker Foundation is located in Watertown, SD. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watertown Laker 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 06/2024, Watertown Laker Foundation generated $15.6k in total revenue. All expenses for the organization totaled $3.1k during the year ending 06/2024. While expenses have increased by 42.2% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED BLANKETS TO THE GRADUATING SENIOR HOCKEY PLAYERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Jurgens President | 3 | $0 | |
Jack Rasmussen Vice President | 3 | $0 | |
Joshua Finstad Treasurer | 5 | $0 | |
Cindy Linke Secretary | 3.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,128 |
| Other Revenue | $0 |
| Total Revenue | $15,628 |
| 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 | $1,688 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $700 |
| Other expenses | $674 |
| Total expenses | $3,062 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,668 |
| Other assets | $0 |
| Total assets | $17,668 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,668 |