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Nonprofiteer
← CAPITAL LAKEFAIR INC

Form 990 for tax year 2022

Filed by CAPITAL LAKEFAIR INC.

Totals

Total revenue
$387,623
Total expenses
$371,533
Contributions and grants received
$387,435
Grants paid
$0
Program service revenue
$0
Investment income
$188
Other revenue
$0
Total assets, end of year
$188,272
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$188,272
Program services expenses (Part IX)
$371,533
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$371,533

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $237,469

  • 1e · Government grants (contributions)

    $85,000

  • 1f · All other contributions, gifts and grants

    $64,966

  • 3 · Investment income

    total $188 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: contributions included on line 1c

    $237,469

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $22,810 · program services $22,810 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $3,511 · program services $3,511 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $3,163 · program services $3,163 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $49,956 · program services $49,956 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $2,227 · program services $2,227 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $983 · program services $983 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $117,068 · program services $117,068 · management and general $0 · fundraising $0

  • 17 · Travel

    total $8,308 · program services $8,308 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $8,159 · program services $8,159 · management and general $0 · fundraising $0

  • 24a · Other expenses: Royalty Expense

    total $20,837 · program services $20,837 · management and general $0 · fundraising $0

  • 24b · Other expenses: Community Outreach

    total $133,145 · program services $133,145 · management and general $0 · fundraising $0

  • 24c · Other expenses: Taxes & Licenses

    total $1,366 · program services $1,366 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $197,894 · end of year $169,563

  • 10a · Land, buildings and equipment: cost or other basis

    $78,157

  • 10b · Land, buildings and equipment: accumulated depreciation

    $59,448

  • 10c · Land, buildings and equipment, net

    beginning of year $18,709 · end of year $18,709

  • 31 · Retained earnings, endowment or other funds

    beginning of year $216,603 · end of year $188,272

Mission and programs · 2022

Mission

TO PROMOTE, RECOGNIZE AND MAINTAIN A POSITIVE BUSINESS RELATIONSHIP, YEAR ROUND, BETWEEN COMMUNITIES AND OREGANIZATIONS THROUGHOUT THE SOUTH SOUND REGION OF PUGET SOUND; TO ACT AS A PROFESSIONAL GOODWILL AMBASSADOR ORGANIZATION BOTH DURING THE CAPITAL LAKEFAIR FESTIVAL CELEBRATION

  • HOSTING AN ANNUAL SUMMER FESTIVAL AT CAPITOL LAKE, AND SUPPORTS COMMUNITY NON-PROFIT ORGANIZATIONS AND ACTS AS A PROFESSIONAL GOODWILL AMBASSADOR FOR THE GREATER OLYMPIA AREA YEAR ROUND

    Expenses $332,533 · Revenue $237,469

  • WE GRANTED SCHOLARSHIP MONEY FOR HIGHER EDUCATION TO YOUNG LADIES FROM AREA SCHOOLS, HIGHLIGHTING THEIR ACADEMIC, ARTISTIC TALENTS, AND COMMUNITY SPIRIT

    Expenses $39,000 · Revenue $8,000

As filed on the 2022 return.

Listed in Part VII

  • Karen Adams-Griggs

    CO-PRESIENT

    Total calculated
    $0

  • Ken Ringering

    CO-PRESIDENT

    Total calculated
    $0

  • Larrel O'Keefe

    VICE PRESIDENT

    Total calculated
    $0

  • Kelli Morgan-Ayres

    SECRETARY

    Total calculated
    $0

  • James Neil Turner

    TREASURER

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
11 October 2024
IRS schema version
2022v5.0
Source object
202432859349301043

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