Lukas Foundation
- Assets
- $8.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 30
- Location
- Temple, NH
- Founding
- 08/1981
- Data as of
- 12/2021
- EIN
- 02-0358724
Organization Overview
Lukas Foundation is located in Temple, NH. The organization was established in 1981. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Lukas Foundation employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lukas Foundation 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 12/2021, Lukas Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION FULFILLS ITS EXEMPT PURPOSE BY PROVIDING DEVELOPMENTALLY DISABLED ADULTS LIFELONG RESIDENTIAL CARE AND VOCATIONAL TRAING AT LOWER THAN COST (APPROXIMATELY ONE-HALF THE STATE AVERAGE) AND PROVIDES UP TO 50% FINANCIAL AID AS NEEDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LUKAS FOUNDATION'S MAIN PROGRAM IS TO PROVIDE LIFELONG RESIDENTIAL CARE FOR DEVELOPMENTALLY DISABLED ADULTS. VOCATIONAL TRAINING IS ALSO OFFERED TO THESE INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Stanton Vice President/executive | OfficerTrustee | 40 | $113,884 |
Arleen Zuckerman Secretary To The Board | OfficerTrustee | 1 | $0 |
John Kieley Treasurer | OfficerTrustee | 1 | $0 |
Lloyd Walker President | OfficerTrustee | 1 | $0 |
Herbert Zuckerman Trustee | Trustee | 1 | $0 |
Becket Mcnab Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,309 |
| Noncash contributions included in lines 1a–1f | $30,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,309 |
| Total Program Service Revenue | $873,461 |
| Investment income | $130,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $447,341 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,676,506 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,344 |
| Compensation of current officers, directors, key employees. | $39,103 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $937,468 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,200 |
| Payroll taxes | $88,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $119,270 |
| Fees for services: Accounting | $13,757 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $63,589 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,200 |
| Office expenses | $8,012 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,191 |
| Travel | $7,202 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,795 |
| Insurance | $70,719 |
| All other expenses | $17,361 |
| Total functional expenses | $1,833,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,405 |
| Savings and temporary cash investments | $302,176 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,279 |
| Net Land, buildings, and equipment | $1,101,333 |
| Investments—publicly traded securities | $7,279,354 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,805,547 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,433,672 |
| Net assets with donor restrictions | $7,371,875 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,805,547 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lukas Foundation has recieved totaling $16,929.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For a designated distribution | $16,729 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $200 |
Endowment Analysis
| Beg. Balance | $6,620,712 |
| Earnings | $810,594 |
| Admin Expense | $54,799 |
| Net Contributions | $24,200 |
| Other Expense | $24,200 |
| Ending Balance | $7,376,507 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Educational And Developmental Supports Center Inc Tewksbury, MA | $8,053,747 | $19,496,777 |
Shared Living Collaborativeincorporated Merrimac, MA | $12,590,369 | $17,348,442 |
Community Servings Inc Jamaica Plain, MA | $24,387,705 | $15,169,268 |
Plus Co Inc Nashua, NH | $7,971,022 | $14,335,539 |
Barry L Price Rehabilitation Center Inc Newton, MA | $18,773,745 | $10,331,539 |
Specialized Community Care East Middlebury, VT | $2,866,634 | $9,711,783 |
Alternative Supports Inc Waltham, MA | $5,340,686 | $8,453,905 |
Champlain Community Services Inc Colchester, VT | $2,622,484 | $7,818,072 |
Families First In Southern Vermont Inc Brattleboro, VT | $4,414,877 | $8,586,118 |
Northeast Independent Living Program Inc Lawrence, MA | $5,158,467 | $6,938,863 |
The Boston Foundation For Sight Needham, MA | $7,511,659 | $6,445,390 |
Riverside Industries Inc Easthampton, MA | $7,004,376 | $6,274,583 |