Private Foundation

LAKES AREA GYMNASTICS BOOSTER CLUB

LAKES AREA GYMNASTICS BOOSTER CLUB, of PERHAM, MN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $157K in revenue, $170K in expenses, $3.3M in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $13K.

EIN: 571188855 PERHAM, MN Latest filing: 2024

Total Revenue$157K

Total Expenses$170K

Total Assets$3.3M

Grants Given6

Grant Total$13K

Filing Years2020–2024

Sample Grants Given

Perham Area Scholarship Fund

Perham, MN · 2024

For Scholarships Given Out

$920

Perham Area Youth Fitness Academy

Perham, MN · 2024

To help with Operations

$670

Perham Area Scholarship Fund

Perham, MN · 2023

For Scholarships Given Out

$500

Perham Area Youth Fitness Academy

Perham, MN · 2023

To help with Operations

$95

Perham Area Youth Fitness Academy

Perham, MN · 2022

Contribution to help with operating expenditures.

$590

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

Director Brad Erickson

Director Carmin Close

Director Gary Schander

President Joe Foltz

Vice President Larry Myers

Treasurer Lisa Anderson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Grant to cover operating expenditures until donations start coming in.

$10,000 1 grant

For Scholarships Given Out

$1,420 2 grants

To help with Operations

$765 2 grants

Contribution to help with operating expenditures.

$590 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$157K	$170K	$3.3M
2023	$256K	$244K	$3.4M
2022	$272K	$207K	$3.5M
2021	$316K	$153K	$3.6M
2020	$1.7M	$108K	$3.4M

Between 2020 and 2024, reported annual revenue declined from $1.7M to $157K (-91%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN.

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for LAKES AREA GYMNASTICS BOOSTER CLUB

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