LAKE LAND COLLEGE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LAKE LAND COLLEGE FOUNDATION INC (EIN 23-7100515)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-10
IRS object ID
202503149349305030
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-10T15:10:04-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371119790PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MH CPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12110 CLEARLAKE BLVD STE 200AddressLine1Txt
CityCHAMPAIGNCityNm
State AbbreviationILStateAbbreviationCd
ZIP61822ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237100515EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAKE LAND COLLEGE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLAKEBusinessNameControlTxt
Phone2172345363PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15001 LAKE LAND BLVDAddressLine1Txt
CityMATTOONCityNm
State AbbreviationILStateAbbreviationCd
ZIP61938ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTINA DONSBACHPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2172345363PhoneNum
Signature2025-10-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAINDREA N BALAGNA CPAPreparerPersonNm
PTINP00852053PTIN
Phone2173512000PhoneNum
Preparation2025-10-29PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHRISTINA DONSBACHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15001 LAKE LAND BLVDAddressLine1Txt
CityMATTOONCityNm
State AbbreviationILStateAbbreviationCd
ZIP61938ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,498,927GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressLAKELANDCOLLEGE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionLAKE LAND COLLEGE FOUNDATION WAS ESTABLISHED TO ASSIST LAKE LAND COLLEGE IN DEVELOPING AND ENHANCING THE EDUCATIONAL OPPORTUNITIES AND SERVICES TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE DISTRICT. THE MISSION OF THE FOUNDATION IS TO PROVIDE STUDENT SCHOLARSHIPS THROUGH FUNDS CONTRIBUTED BY INDIVIDUALS, AGENCIES AND CORPORATIONS.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers83TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$954,788PYContributionsGrantsAmt
CY Contributions Grants$1,294,023CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$541,883PYInvestmentIncomeAmt
CY Investment Income$729,036CYInvestmentIncomeAmt
PY Other Revenue$177,005PYOtherRevenueAmt
CY Other Revenue$210,896CYOtherRevenueAmt
PY Total Revenue$1,673,676PYTotalRevenueAmt
CY Total Revenue$2,233,955CYTotalRevenueAmt
PY Grants And Similar Paid$687,282PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$750,252CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$233,611PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$267,195CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$165,506CYTotalFundraisingExpenseAmt
PY Other Expenses$857,212PYOtherExpensesAmt
CY Other Expenses$567,264CYOtherExpensesAmt
PY Total Expenses$1,778,105PYTotalExpensesAmt
CY Total Expenses$1,584,711CYTotalExpensesAmt
PY Revenues Less Expenses-$104,429PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$649,244CYRevenuesLessExpensesAmt
Total Assets BOY$18,008,235TotalAssetsBOYAmt
Total Assets EOY$19,472,255TotalAssetsEOYAmt
Total Liabilities BOY$394,355TotalLiabilitiesBOYAmt
Total Liabilities EOY$510,592TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,613,880NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,961,663NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLAKE LAND COLLEGE FOUNDATION WAS ESTABLISHED TO ASSIST LAKE LAND COLLEGE IN DEVELOPING AND ENHANCING THE EDUCATION OPPORTUNITIES AND SERVICES TO ITS STUDENTS, ALUMNI, AND CITIZENS OF THE DISTRICT. THE MISSION OF THE FOUNDATION IS TO PROVIDE STUDENT SCHOLARSHIPS THROUGH FUNDS CONTRIBUTED BY INDIVIDUALS, AGENCIES, AND CORPORATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,014,982ExpenseAmt
Grant$750,252GrantAmt
Revenue$0RevenueAmt
DescTHE LAKE LAND COLLEGE FOUNDATION WAS ORGANIZED AND OPERATES EXCLUSIVELY FOR EDUCATION AND CHARITABLE PURPOSES DESIGNED TO PROMOTE THE WELFARE OF LAKE LAND COLLEGE, MATTOON, ILLINOIS, AND ITS STUDENTS. THE MAJOR THRUST OF THE FOUNDATION IS TO PROVIDE SCHOLARSHIPS TO LAKE LAND COLLEGE STUDENTS. DURING THE PAST YEAR, THROUGH THE GENEROUS DONATIONS OF AREA INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS, THE FOUNDATION AWARDED $750,252 IN SCHOLARSHIPS TO OVER 600 DESERVING STUDENTS. THESE SCHOLARSHIPS VARY IN AMOUNTS AWARDED AND CRITERIA. FIRST ACCOMPLISHMENT FOR AWARDING IS BASED ON THE DONOR'S WISHES AND/OR GUIDELINES ESTABLISHED BY THE LAKE LAND COLLEGE FOUNDATION BOARD OF DIRECTORS. DONORS WHO REACH A SPECIFIED LEVEL OF LIFETIME GIVING ARE RECOGNIZED ON AN ANNUAL BASIS AND ALSO HAVE THE OPPORTUNITY TO MEET THEIR SCHOLARSHIP RECIPIENT(S) AT AN ANNUAL RECEPTION.DONORS REPRESENT A DIVERSE BACKGROUND FROM THE 4,000 SQUARE MILE DISTRICT. MANY DONORS HAVE BEEN DEDICATED TO HELPING STUDENTS FOR MORE THAN TWO DECADES. THEY BELIEVE IN THE COMMUNITY COLLEGE AND ARE COMMITTED TO ENSURING THAT THE REGION HAS A TRAINED WORKFORCE TO MEET THE NEEDS OF LOCAL BUSINESS AND INDUSTRY. DONORS ARE ALSO EXPANDING THEIR SUPPORT BY PROVIDING ADDITIONAL RESOURCES FOR THE UNMET FINANCIAL NEEDS OF THE COLLEGE DUE TO DECLINING STATE SUPPORT AND A SLUGGISH LOCAL PROPERTY TAX BASE.Desc
Total Program Service Expenses$1,014,982TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMADGE SHOOTPersonNm
Phone2172345375PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15001 LAKE LAND BOULEVARDAddressLine1Txt
CityMATTOONCityNm
State AbbreviationILStateAbbreviationCd
ZIP61938ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
LARRY BLACKERBY
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
THOMAS WHITE
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
AMANDA MARTIN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MEG YARGUS STEWARD
FINANCE & INVESTMENT CHAIR1.00Yes (X)$0$0$0
KATHLEEN ANDERSON
DONOR RELATIONS COMMITTEE CHAIR1.00Yes (X)$0$0$0
LINDA VON BEHREN
BOARD DEVELOPMENT CHAIR1.00Yes (X)$0$0$0
RICHARD HARTKE
PAST PRESIDENT1.00Yes (X)$0$0$0
ANGELA DYER
DIRECTOR1.00Yes (X)$0$0$0
AUSTIN FRANK
DIRECTOR1.00Yes (X)$0$0$0
DEBRA SANDERCOCK
DIRECTOR1.00Yes (X)$0$0$0
KELLIE EASTHAM
DIRECTOR1.00Yes (X)$0$0$0
ROBERT PAYTON
DIRECTOR1.00Yes (X)$0$0$0
RUDY HUBER
DIRECTOR1.00Yes (X)$0$0$0
TYLER MICENHEIMER
DIRECTOR1.00Yes (X)$0$0$0
AMY SHAFER
DIRECTOR1.00Yes (X)$0$0$0
GARY PHILIPPI
DIRECTOR1.00Yes (X)$0$0$0
LAYNA BOND
DIRECTOR1.00Yes (X)$0$0$0
TERRY MCCONNELL
DIRECTOR1.00Yes (X)$0$0$0
DENISE BENCE
DIRECTOR - TERM ENDED 10/241.00Yes (X)$0$0$0
BLAKE PIERCE
DIRECTOR - TERM ENDED 10/241.00Yes (X)$0$0$0
KURTIS RANKIN
DIRECTOR1.00Yes (X)$0$0$0
CHRISTI DONSBACH
EXECUTIVE DIRECTOR40.00Yes (X)$102,562$0$30,891
MADGE SHOOT
TREASURER2.00Yes (X)$113,016$0$12,69638.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$215,578TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$43,587TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,294,023AllOtherContributionsAmt
Noncash Contributions$194,473NoncashContributionsAmt
Total Contributions$1,294,023TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$369,008TotalRevenueColumnAmt
Exclusion$369,008ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$38,105RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$38,105RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,105TotalRevenueColumnAmt
Exclusion$38,105ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$625,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$264,972SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$360,028SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$360,028TotalRevenueColumnAmt
Exclusion$360,028ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescFARM INCOMEDesc
Business110000BusinessCd
Total Revenue Column$172,791TotalRevenueColumnAmt
Exclusion$172,791ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$172,791OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,233,955TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$939,932ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$750,252TotalAmt
Program Services$750,252ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$267,195TotalAmt
Program Services$66,799ProgramServicesAmt
Management And General$133,597ManagementAndGeneralAmt
Fundraising$66,799FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,700TotalAmt
Management And General$15,700ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$7,927TotalAmt
Management And General$7,927ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,597TotalAmt
Management And General$5,597ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,912TotalAmt
Management And General$17,912ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DONATIONS TO LAKE LAND$197,318$197,318
FARM EXPENSES$115,471$115,471
OTHER$98,911$204$98,707
SUPPLIES$91,559$409$91,150

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$16,869TotalAmt
Management And General$16,869ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,584,711TotalAmt
Program Services$1,014,982ProgramServicesAmt
Management And General$404,223ManagementAndGeneralAmt
Fundraising$165,506FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$210,887BOYAmt
EOY$293,054EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,347,192LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$324,443LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,040,661BOYAmt
EOY$3,022,749EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$14,756,687BOYAmt
EOY$16,156,452EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,008,235BOYAmt
EOY$19,472,255EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$394,355BOYAmt
EOY$510,592EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$394,355BOYAmt
EOY$510,592EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,277,880BOYAmt
EOY$2,163,554EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,336,000BOYAmt
EOY$16,798,109EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,613,880BOYAmt
EOY$18,961,663EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,008,235BOYAmt
EOY$19,472,255EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$649,244ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$698,539NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$766,490CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,598,327CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,042,772CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$894,528CurrentTaxYearMinus1YearAmt
Current Tax Year$1,294,023CurrentTaxYearAmt
Total$9,596,140TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$766,490CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,598,327CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,042,772CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$894,528CurrentTaxYearMinus1YearAmt
Current Tax Year$1,294,023CurrentTaxYearAmt
Total$9,596,140TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$115,931SubstantialContributorsTotAmt
Public Support Total170$9,480,209PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$259,683CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$674,018CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$339,539CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$426,942CurrentTaxYearMinus1YearAmt
Current Tax Year$407,113CurrentTaxYearAmt
Total$2,107,295TotalAmt
FieldValueIRS element (for citing)
Total Support$11,703,435TotalSupportAmt
Public Support CY1700.81000PublicSupportCY170Pct
Public Support PY1700.81590PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,165,614BeginningYearBalanceAmt
Contributions$226,012ContributionsAmt
Investment Earnings Or Losses$501,130InvestmentEarningsOrLossesAmt
Other Expenditures$502,471OtherExpendituresAmt
End Year Balance$8,390,285EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,005,523BeginningYearBalanceAmt
Contributions$159,079ContributionsAmt
Investment Earnings Or Losses$353,543InvestmentEarningsOrLossesAmt
Other Expenditures$352,541OtherExpendituresAmt
End Year Balance$816,514EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,022,087BeginningYearBalanceAmt
Contributions$972,290ContributionsAmt
Investment Earnings Or Losses$54,562InvestmentEarningsOrLossesAmt
Other Expenditures$43,416OtherExpendituresAmt
End Year Balance$8,005,523EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,943,046BeginningYearBalanceAmt
Contributions$2,174,522ContributionsAmt
Investment Earnings Or Losses$561,021InvestmentEarningsOrLossesAmt
Grants Or Scholarships$502,932GrantsOrScholarshipsAmt
Other Expenditures$153,367OtherExpendituresAmt
Administrative Expenses$203AdministrativeExpensesAmt
End Year Balance$7,022,087EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,588,647BeginningYearBalanceAmt
Contributions$396,007ContributionsAmt
Investment Earnings Or Losses$332,549InvestmentEarningsOrLossesAmt
Grants Or Scholarships$295,990GrantsOrScholarshipsAmt
Other Expenditures$78,167OtherExpendituresAmt
End Year Balance$4,943,046EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$2,651,184InvestmentCostOrOtherBasisAmt
Book Value$2,651,184BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$684,225InvestmentCostOrOtherBasisAmt
Book Value$684,225BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$11,783InvestmentCostOrOtherBasisAmt
Book Value$11,783BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Depreciation$324,443DepreciationAmt
Book Value-$324,443BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,022,749TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO LAKE LAND COLLEGE$80,682
AGENCY FUNDS - HELD FOR OTHERS$429,910
FieldValueIRS element (for citing)
Total Liability$510,592TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$3,187,622TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$698,539NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$255,128DonatedServicesAndUseFcltsAmt
Revenue Not Reported$953,667RevenueNotReportedAmt
Revenue Subtotal$2,233,955RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,233,955TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,839,839TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$255,128DonatedServicesUseFcltsAmt
Expenses Not Reported$255,128ExpensesNotReportedAmt
Expenses Subtotal$1,584,711ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,584,711TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4FormAndLineReferenceDesc
ExplanationINTENDED USES FOR ENDOWMENT FUNDS PERMANENT ENDOWMENTS ARE TO BE USED FOR THE PROMOTION AND SUPPORT OF THE COLLEGE INCLUDING SCHOLARSHIPS, CAPITAL PROJECTS, WORKS OF ART AND OTHER PROGRAMS AND SERVICES.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIP FOR STUDENTS ATTENDING LAKE LAND COLLEGEGrantTypeTxt
Recipient608RecipientCnt
Cash Grant$750,252CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL SCHOLARSHIPS ARE AWARDED TO LAKE LAND COLLEGE STUDENTS WHO ARE ATTENDING CLASSES WITHIN THE LAKE LAND COLLEGE 517 DISTRICT OF ILLINOIS. IN ADDITION, ALL GRANTS ARE ONLY AWARDED TO THE FOUNDATION'S RELATED ENTITY, LAKE LAND COLLEGE.ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)LEASE OF PROPERTY1$109,137SELLING PRICE OF DON
Yes (X)ACADEMIC EQUIPMENT1$85,336SELLING PRICE OF DON
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE AUDIT COMMITTEE MEETS AND REVIEWS THE 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CENFORCEMENT OF CONFLICTS POLICY REGULARLY MONITORED BY REVIEW OF CONFLICT OF INTEREST FORMS BY THE EXECUTIVE OFFICER.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART XII, LINE 2C:THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LAKE LAND COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15001 LAKE LAND BOULEVARDAddressLine1Txt
CityMATTOONCityNm
State AbbreviationILStateAbbreviationCd
ZIP61938ZIPCd
FieldValueIRS element (for citing)
EIN370896233EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code SectionGOVERNMENTAL UNITExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
LAKE LAND COLLEGE
N$102,313CASH METHOD
LAKE LAND COLLEGE
O$152,815CASH METHOD
LAKE LAND COLLEGE
B$197,318CASH METHOD

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