Lancaster Education Foundation Inc
- Assets
- $339.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lancaster, TX
- Founding
- 09/2006
- Data as of
- 08/2021
- EIN
- 01-0820193
Organization Overview
Lancaster Education Foundation Inc is located in Lancaster, TX. The organization was established in 2006. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Lancaster Education Foundation Inc generated $61.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $18.9k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Johnson Director | 1 | $0 | |
Ellen Clark Treasurersecretary | 2 | $0 | |
Kenneth Govan President | 1 | $0 | |
Doug Hunt Director | 1 | $0 | |
Dr Dameon Gray Vice President | 1 | $0 | |
Shane Shepherd Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,053 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,047 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31,909 |
| Total Revenue | $61,009 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,450 |
| Occupancy, rent, utilities, and maintenance | $474 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $18,924 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $339,225 |
| Other assets | $0 |
| Total assets | $339,225 |
| Total liabilities | $0 |
| Net assets or fund balances | $339,225 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lancaster Education Foundation Inc has recieved totaling $132.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $64 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $38 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $24 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Joe W & Dorothy Dorsett Brown Foundation Metairie, LA | $122,222,465 | $11,452,057 |
Canfield Family Foundation Austin, TX | $4,029,217 | $166,419 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
Yellowstone Academy Inc Houston, TX | $16,392,464 | $16,744,043 |
Houston Community College Foundation Houston, TX | $19,733,211 | $7,332,146 |
Houston Independent School District Foundation Houston, TX | $7,123,064 | $5,838,395 |
Sandia Foundation Albuquerque, NM | $101,924,097 | $6,126,551 |