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Laker Educational Foundation

Laker Educational Foundation

Prior Lake, MN 55372
Tax ID38-3717510

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About this organization

Revenue

$47,083

Expenses

$26,726

Mission

To encourage creativity, innovation, and excellence by raising financial resources to enhance learning for all who reside in, or are served by, the ISD 719 community

About

The Laker Educational Foundation holds and then distributes funds on behalf of the Prior Lake High School Guidance Office. The PLHS Guidance Office has a number of dedicated scholarships; they raise the funds and determine the recipients.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “To enhance learning for all who reside in, or are served by, the isd 719 community”.

When referring to its functions, they were specified as: “To encourage creativity, innovation, and excellence by raising financial resources to enhance learning for all who reside in, or are served by, the isd 719 community”.

  • The non-profit has reported their operating state as MN, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was PO BOX 840, PRIOR LAKE, MN, 55372.
  • The non-profit's form reports a total of 1 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is $20,357.
  • The remuneration of the CEO of the organization is not determined through an impartial review and approval process.
  • The organization has 9 independent voting members.
  • The organization was formed in 2005.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $645 in salary, compensation, and benefits to its employees.
  • The organization pays $6,645 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.

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