funder logo

CENTRAL LAKES COLLEGE FOUNDATION

CENTRAL LAKES COLLEGE FOUNDATION

Brainerd, MN, US
501(c)3
EIN
23-7007111
Regional Funder
funder logo

CENTRAL LAKES COLLEGE FOUNDATION

Brainerd, MN, US
501(c)3
EIN
23-7007111
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$3,669,250

Contributions
70%
Program Services
17%
Investments
8%
Other
4%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2025

$3,011,679

Grants
79%
Fees to Service Providers
6%
Offices, Occupancy & IT
5%
Other
3%
Depreciation
3%
Salaries & Benefits
2%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$2,082,816
$2,573,601
+24%
Government Grants
$0
$0
-
Fundraising Events
$9,222
$2,738
-70%
Program Services
$596,417
$637,668
+7%
Membership Dues
$0
$0
-
Investments
$247,859
$291,212
+17%
Other
$65,886
$164,031
+149%
Total Revenues
$3,002,200
$3,669,250
+22%
Expenses
2024
2025
Change
Grants
$1,749,425
$2,379,874
+36%
Benefits to Members
$0
$0
-
Salaries & Benefits
$318,756
$73,747
-77%
Fees to Service Providers
$161,503
$179,451
+11%
Advertising & Promotion
$12,514
$10,876
-13%
Offices, Occupancy & IT
$130,156
$148,749
+14%
Interest
$37,234
$37,261
+0%
Depreciation
$77,813
$78,782
+1%
Other
$109,165
$102,939
-6%
Total Expenses
$2,596,566
$3,011,679
+16%
Net income
2024
2025
Change
Net income
+$405,634
+$657,571
+62%
Functional Expenses
Summary
2024
2025
Change
Program
$2,378,066
$2,876,242
+21%
Admin
$184,832
$128,263
-31%
Fundraising
$33,668
$7,174
-79%
Total Expenses
$2,596,566
$3,011,679
+16%
Income Statement
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