Overview

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Est.

2004

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LAKE TECHNICAL COLLEGE INC is a nonprofit career and technical education provider focused on charter school education and vocational education, with a mission to meet the educational needs of the community through career-technical training opportunities. In filing year 2025, it reported an operating budget of $16.2M and total revenue of $21.7M, with support from funders including ROGERS FAMILY FOUNDATION INC, United Way of Lake and Sumter Counties Inc, SUNSHINE COMMUNITY TRUST, THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL, and VERIZON FOUNDATION.

Mission Statement

TO MEET THE EDUCATIONAL NEEDS OF THE COMMUNITY BY OFFERING CAREER-TECHNICAL TRAINING OPPORTUNITIES.
Revenues
$22.1M
Expenses
$23.9M
Net Income:
-$1.7M
Assets
$22.2M
Liabilities
$7.4M
Net Assets:
+$14.8M
Operating Budget
$21M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$15K
Largest grant received
$30K
D
Deanna Thomas
Board Member
R
Richard D Keith
Board Member
M
Mickey Gauldin
Board Member
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  • 8 funders
  • 19 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is LAKE TECHNICAL COLLEGE INC’s budget?
In 2024, LAKE TECHNICAL COLLEGE INC reported an annual operating budget of around $21 million. More detailed financial information is available to registered users.
What causes does LAKE TECHNICAL COLLEGE INC support?
LAKE TECHNICAL COLLEGE INC supports work in Vocational education and Charter school education.
Where does LAKE TECHNICAL COLLEGE INC operate?
LAKE TECHNICAL COLLEGE INC is headquartered in Eustis, FL.
Who funded LAKE TECHNICAL COLLEGE INC recently?
In 2024, LAKE TECHNICAL COLLEGE INC received grants from ROGERS FAMILY FOUNDATION INC, SUNSHINE COMMUNITY TRUST, and VERIZON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAKE TECHNICAL COLLEGE INC received in 2024?
The largest grant to LAKE TECHNICAL COLLEGE INC in 2024 exceeds $30 thousand.
What is LAKE TECHNICAL COLLEGE INC’s reliance on government grants?
LAKE TECHNICAL COLLEGE INC relied on government grants for more than 10% of their total revenue in 2024.