DEMOGRAPHIC
ADDRESS
25704 COUNTY ROAD 338
55709
COUNTY
itasca county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
LAKEPLACE FOUNDATION is a based in BOVEY, MN, focused on Mental Health, Crisis Intervention causes , specifically Addictive Disorders N.E.C.. Established in July 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,000,000.00, this ranks 121,175 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2,721 out of 53,624 organizations in MN (Top 6%).
In itasca county, MN, the organization ranks 21 out of 482 nonprofits by assets (Top 5%), while locally in bovey, it stands at 1 among 25 organizations (Top 1%).
The organization reported annual revenue of $3,000,000.00, ranking 66,738 nationally (Top 3%) and 1,662 in MN (Top 4%).
Within its specific NTEE classification (F50 - F: Mental Health, Crisis Intervention), which includes 490 similar organizations, LAKEPLACE FOUNDATION ranks 6 in assets (Top 2%) and 7 in revenue (Top 2%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
F: Mental Health, Crisis Intervention
NTEE CODE
F50: Addictive Disorders N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,000,000.00
FORM 990 REVENUE AMOUNT
$3,000,000.00
RULING DATE
07/2023
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,000,000.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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