Lake Area Technical College Foundation
Watertown, South Dakota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,966,843↓57% | $15,960,531↑108% | $13,259,717↓50% | — |
| 2023 | $4,573,461↓71% | $7,672,708↑252% | $26,277,320↓9% | — |
| 2022 | $15,847,172↑17% | $2,178,373↓42% | $28,796,845↑65% | — |
| 2021 | $13,531,757↑637% | $3,774,075↑6% | $17,494,339↑165% | — |
| 2020 | $1,836,124↓27% | $3,567,128↑164% | $6,589,463↓19% | — |
| 2019 | $2,519,589↑72% | $1,348,954↑14% | $8,130,804↑16% | — |
| 2018 | $1,467,156↓29% | $1,186,703 | $7,018,515↑98% | — |
| 2017 | $2,060,507↑21% | $1,183,932↓34% | $3,548,513↑32% | — |
| 2016 | $1,705,218↑22% | $1,782,150↑51% | $2,687,029↑11% | — |
| 2015 | $1,397,204↓4% | $1,178,397 | $2,415,131↑8% | — |
| 2014 | $1,459,456↑1% | $1,183,867↓16% | $2,242,527↑19% | — |
| 2013 | $1,449,199↑10% | $1,401,545↑23% | $1,882,692↑16% | — |
| 2012 | $1,321,919 | $1,139,538 | $1,623,975 | — |
Frequently Asked Questions
What does Lake Area Technical College Foundation do?▼
Lake Area Technical College Foundation is a education nonprofit organization based in South Dakota. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Area Technical College Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Area Technical College Foundation has a score of 49/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lake Area Technical College Foundation generate?▼
Lake Area Technical College Foundation reports $4.5M in annual revenue and holds $11.4M in total assets, based on IRS filings.
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