funder logo

LAKE AREA TECHNICAL COLLEGE FOUNDATION

LAKE AREA TECHNICAL COLLEGE FOUNDATION

Watertown, SD, US
501(c)3
EIN
36-3860861
DAF Sponsor
funder logo

LAKE AREA TECHNICAL COLLEGE FOUNDATION

Watertown, SD, US
501(c)3
EIN
36-3860861
DAF Sponsor

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$4,482,976

Contributions
88%
Investments
7%
Other
5%
Fundraising Events
1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025

$6,547,124

Grants
94%
Salaries & Benefits
3%
Other
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$0
$3,932,282
-
Government Grants
$2,074,557
$0
-100%
Fundraising Events
$0
$45,535
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$527,185
$295,298
-44%
Other
-$634,899
$209,861
-133%
Total Revenues
$1,966,843
$4,482,976
+128%
Expenses
2024
2025
Change
Grants
$15,712,067
$6,176,966
-61%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$186,117
-
Fees to Service Providers
$232,570
$43,119
-81%
Advertising & Promotion
$0
$34,434
-
Offices, Occupancy & IT
$10,046
$10,118
+1%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$5,848
$96,370
+1548%
Total Expenses
$15,960,531
$6,547,124
-59%
Net income
2024
2025
Change
Net income
-$13,993,688
-$2,064,148
+85%
Functional Expenses
Summary
2024
2025
Change
Program
$15,763,478
$6,309,595
-60%
Admin
$117,937
$104,148
-12%
Fundraising
$79,116
$133,381
+69%
Total Expenses
$15,960,531
$6,547,124
-59%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)