Provide ongoing financial support to Lakeside Lutheran high school in lake mills, wisconsin and its students

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $109K a year · 53% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Plus $1.6M in investments, Pt X · Ln 11–13
Fine: 0.6 months of spending in cash, plus $1.6M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$403K
Spent
$101K
To programs
85%
Net assets
$1.9M
By yearFY2021–FY2026
Revenue
$403K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$403K
FY2022−$19K
FY2023$74K
FY2024$262K
FY2025$228K
FY2026$276K
Expenses
$101K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$101K
FY2022$80K
FY2023$75K
FY2024$90K
FY2025$108K
FY2026$120K
Net assets
$1.9M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$1.9M
FY2022$1.8M
FY2023$1.8M
FY2024$2.0M
FY2025$2.1M
FY2026$2.3M

From the FY2021 Form 990 (year ending May 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Mar 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $86K Management & general 15% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Dir / President
$0Pt VII · Sec A
Dir / Vice President
$0Pt VII · Sec A
Dir / Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lakeside Lutheran Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports Lakeside Lutheran High School and its students with ongoing financial aid.

Questions for Lakeside Lutheran Foundation INC

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Provided by the organization

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1 program · $86K · in their own filed words · FY2020
01

Lakeside Lutheran High School Grants to support the general operating budget of the school

$86Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $497K · 2020–2025
Lakeside Lutheran High SchoolWI · FY2025$106,561

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$403K
Ln 12
Other incomeLn 4–11$155K
Investment incomeLn 3$137K
Gifts and grantsLn 1h$112K
Money outPt IX
$101K
Ln 25
Programscol B$86K
Managementcol C$15K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$5K
Total assetsLn 16$1.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$112K
Investment incomeLn 3$137K
Other incomeLn 4–11$155K
Gains on assetsLn 7$100K
Total revenueLn 12$403K
Assets in detailPt X, end of year
SavingsLn 2$5K
Cash and savings togetherLn 1–2$5K
InvestmentsLn 11–13$1.6M
Other assetsLn 15$278K
Total assetsLn 16$1.9M
LiabilitiesLn 26$0
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$74K$5K
InvestmentsLn 11–13$1.2M$1.6M
Total assetsLn 16$1.6M$1.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.6M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$86K$86K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Investment management feesLn 11f$14K$14K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$64$64
All other expensesLn 24e$0
Total functional expensesLn 25$101K$86K$15K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $276K$120K$156K$2.3M 990 PDF
FY2025Filed with the IRS Sep 3, 2025 $228K$108K$120K$2.1M 990 PDF
FY2024Filed with the IRS Jul 24, 2024 $262K$90K$173K$2.0M 990 PDF
FY2023Filed with the IRS Jul 11, 2023 $74K$75K−$218$1.8M 990 PDF
FY2022Filed with the IRS Dec 21, 2022 −$19K$80K−$99K$1.8M 990 PDF
FY2021 ViewingFiled with the IRS Oct 13, 2021 $403K$101K$303K$1.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $403,492 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,503$111,601
I-9 Program service revenue$0
I-10 Investment incomePrior year $32,578$137,284
I-11 Other revenuePrior year $35,855$154,607
I-12 Total revenuePrior year $89,936$403,492
I-13 Grants and similar amounts paidPrior year $75,000$85,800
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $14,291$15,174
I-18 Total expensesPrior year $89,291$100,974
I-19 Revenue less expensesPrior year $645$302,518
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $403,492 across 6 lines filed
Lines not itemized here account for −$18,685 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$111,601
VIII-1h Total contributions, gifts and grants$111,601
VIII-3 Investment incomeRelated to mission $37,228$37,228
VIII-7 Net gain or loss on sales of assets$100,056
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $173,292$173,292
VIII-12 Total revenueRelated to mission $191,835$403,492
Part IX · Statement of functional expenses $100,974 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $85,800$85,800
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,000$1,000
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $14,110$14,110
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $64$64
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $85,800 · Management $15,174 · Fundraising $0$100,974
Part X · Balance sheet $1,895,465 assets, 9 lines filed
X-2 Savings and temporary cash investmentsStart of year $74,338$5,345
X-11 Publicly traded securitiesStart of year $1,222,207$1,612,015
X-15 Other assetsStart of year $296,401$278,105
X-16 Total assetsStart of year $1,592,946$1,895,465
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,481,946$1,674,984
X-28 Net assets with donor restrictionsStart of year $111,000$220,481
X-32 Total net assets or fund balancesStart of year $1,592,946$1,895,465
X-33 Total liabilities and net assetsStart of year $1,592,946$1,895,465
Part XI · Reconciliation of net assets $1,895,465 net assets at year end
XI-1 Total revenue$403,492
XI-2 Total expenses$100,974
XI-3 Revenue less expenses$302,518
XI-4 Net assets at start of year$1,592,946
XI-9 Other changes in net assets$1
XI-10 Net assets at end of year$1,895,465

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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