Nonprofit · EIN 36-3257072
LAKE SUPERIOR COLLEGE FOUNDATION INC
Tax-exempt · DULUTH, MN 55811
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $649,455 | $495,566 | $153,889 | $2,280,135 | $14,958 | $2,265,177 |
| June 30, 2024 | 990 | $579,900 | $623,491 | -$43,591 | $2,107,008 | $573 | $2,106,435 |
| June 30, 2023 | 990 | $389,549 | $482,487 | -$92,938 | $1,942,328 | $0 | $1,942,328 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $425,665
- Program service revenue
- $0
- Investment income
- $223,790
- Net gain from sales of assets
- $164,444
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $435,899
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $435,899
- Management and general (functional)
- $59,667
Balance sheet and other
- Total assets, start of year
- $2,107,008
- Total assets, end of year
- $2,280,135
- Total liabilities, end of year
- $14,958
- Net assets, end of year
- $2,265,177
- Publicly traded securities
- $2,101,462
- Net assets without donor restrictions
- $280,789
- Net assets with donor restrictions
- $1,984,388
- Gross receipts
- $1,528,132
- Employees
- 0
- Year formed
- 1980
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WATTERS | CHAIR Trustee or director, Officer | 1 | $0 |
| BRIAN FORCIER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| CARL CRAWFORD | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| JON BIRKLAND | TREASURER Trustee or director, Officer | 1 | $0 |
| AUTUMN JOHNSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| RICK FLAHERTY | DIRECTOR Trustee or director | 1 | $0 |
| THERESA HANNU | DIRECTOR Trustee or director | 1 | $0 |
| TRAVIS JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| VANCE OKSTAD | DIRECTOR Trustee or director | 1 | $0 |
| VINOD GUPTA | DIRECTOR Trustee or director | 1 | $0 |
| DAVID KLINE | EXECUTIVE DI Officer | 40 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WATTERS | CHAIR Trustee or director, Officer | 2 | $0 |
| LEANN LITTLEWOLF | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| CARL CRAWFORD | PAST CHAIR Trustee or director, Officer | 2 | $0 |
| AUTUMN JOHNSON | SECRETARY Trustee or director | 2 | $0 |
| BRIAN FORCIER | DIRECTOR Trustee or director | 2 | $0 |
| JON BIRKLAND | DIRECTOR Trustee or director | 2 | $0 |
| RICK FLAHERTY | DIRECTOR Trustee or director | 2 | $0 |
| THERESA HANNU | DIRECTOR Trustee or director | 2 | $0 |
| TRAVIS JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| VANCE OKSTAD | DIRECTOR Trustee or director | 2 | $0 |
| DAVID KLINE | EXECUTIVE DI Officer | 40 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WATTERS | CHAIR Trustee or director, Officer | 2 | $0 |
| LEANN LITTLEWOLF | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| CARL CRAWFORD | PAST CHAIR Trustee or director, Officer | 2 | $0 |
| BRIAN FORCIER | TREASURER Trustee or director | 2 | $0 |
| AUTUMN JOHNSON | SECRETARY Trustee or director | 2 | $0 |
| JON BIRKLAND | DIRECTOR Trustee or director | 2 | $0 |
| RICK FLAHERTY | DIRECTOR Trustee or director | 2 | $0 |
| ELLEN OAKS | DIRECTOR Trustee or director | 2 | $0 |
| THERESA HANNU | DIRECTOR Trustee or director | 2 | $0 |
| TRAVIS JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| VANCE OKSTAD | DIRECTOR Trustee or director | 2 | $0 |
| DAVID KLINE | EXECUTIVE DI Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 2101 TRINITY RD, DULUTH, MN 55811-3349
- Principal officer (990 for 2024)
- DAVID KLINE, 2101 TRINITY ROAD, DULUTH, MN 55811
- Signed the 990
- DAVID KLINE, EXECUTIVE DIRECTOR
- Phone
- (218) 733-7707
- Website
- WWW.LSC.EDU/FOUNDATION
- Return prepared by
- ESTERBROOKS CPAS LTD
Mission
PROVIDE FINANCIAL SUPPORT TO PROMOTE THE EDUCATIONAL, CULTURAL, SCIENTIFIC, AND CHARITABLE ACTIVITIES OF LAKE SUPERIOR COLLEGE DULUTH, MN.
Program accomplishments
- PROVIDE SCHOLARSHIPS TO LAKE SUPERIOR COLLEGE STUDENTS AND OTHER PROGRAM SUPPORT TO THE COLLEGEExpenses $435,899 · grants $435,899
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3257072
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,280,135
- Income (IRS master file)
- $1,528,132
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $649,455 | $495,566 | $2,280,135 | IRS |
| 990 | June 2024 | $579,900 | $623,491 | $2,107,008 | IRS |
| 990 | June 2023 | $389,549 | $482,487 | $1,942,328 | XML |
| 990 | June 2022 | $1,136,101 | $390,916 | $1,963,501 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3257072).
Questions about LAKE SUPERIOR COLLEGE FOUNDATION INC
- What is the EIN of LAKE SUPERIOR COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of LAKE SUPERIOR COLLEGE FOUNDATION INC is 36-3257072.
- Is LAKE SUPERIOR COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to LAKE SUPERIOR COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE SUPERIOR COLLEGE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE SUPERIOR COLLEGE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE SUPERIOR COLLEGE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE SUPERIOR COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names DAVID KLINE.
- Who are the officers and directors of LAKE SUPERIOR COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does LAKE SUPERIOR COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $649,455, expenses of $495,566 and total assets of $2,280,135 at year end.
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