Lakes Area Heroes
Nonprofit profile at a glance
- EIN
- 920472818
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Baxter, MN, USA
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $56,700
- Expenses
- $50,306
- Assets
- $36,966
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Isaiah Moengen (Executive Director)
- John Ryan (Vice President)
People named in this filing
- Isaiah Moengen (Executive Director)
- John Ryan (Vice President)
- Johh Kinkeade (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lakes Area Heroes provides financial assistance and community support to first responders and their families during times of hardship crisis injury illness or loss. The organization raises funds through community events sponsorships and donations to support local fire EMS law enforcement and other emergency service personnel.
What it reported doing in 2025
During 2025 Lakes Area Heroes provided direct financial assistance and support to first responders and their families experiencing hardship medical emergencies injury illness and other crisis situations. Assistance was provided through community-funded charitable programs supported by fundraising events sponsorships and donations. Funds were used to help local heroes and their families during times of need.
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 82
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53%; rating input score 53
- Program expense ratio: 58.7%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.3%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 58.8% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 38.4% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 38.6% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 53% of revenue deployed · 58.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.