Lubbock-Cooper Scholarship Foundation
- Assets
- $144.4k
- Revenue
- $162.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 32-0409580
Organization Overview
Lubbock-Cooper Scholarship Foundation is located in Lubbock, TX. The organization was established in 2014. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lubbock-Cooper Scholarship 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, Lubbock-Cooper Scholarship Foundation generated $162.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $207.8k during the year ending 12/2021. While expenses have increased by 26.4% 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
PROVIDE SUPPLEMENTAL SUPPORT AND EDUCATIONAL OPPORTUNITIES TO STUDENTS OF LUBBOCK-COOPER INDEPENDENT SCHOOL DISTRICT, INCLUDING EFFORTS TO INCREASE STUDENT SUCCESS IN LEARNING AND PREPARATION FOR HIGHER EDUCATION AND THE WORKFORCE PROVIDE OPPORTUNITIES FOR POST-SECONDARY EDUCATION SCHOLARSHIPS FOR STUDENTS THAT GRADUATE FROM LCISD
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL ASSISTANCE FOR POST-SECONDARY EDUCATION
PROVIDE SUPPLEMENTAL SUPPORT AND EDUCATIONAL OPPORTUNITIES TO STUDENTS OF LUBBOCK-COOPER INDEPENDENT SCHOOL DISTRICT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cassie Johnston Vice Preside | Officer | $0 | |
Amy Punchard President | Officer | $0 | |
Mike Nelson Treasurer | Officer | $0 | |
Crockett Tidwell Board Member | Trustee | $0 | |
Kris Hefner Board Member | Trustee | $0 | |
Brett Mcdowell Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $197,904 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,524 |
| Noncash contributions included in lines 1a–1f | $74,404 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,428 |
| Total Program Service Revenue | $0 |
| Investment income | $39 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$91,823 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $162,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $89,555 |
| Grants and other assistance to domestic individuals. | $95,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $4,125 |
| Office expenses | $2,586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $467 |
| Total functional expenses | $207,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $144,430 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $144,430 |
| 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 | $144,430 |
| Net assets with donor restrictions | $0 |
| 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 | $144,430 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lubbock-Cooper Scholarship Foundation has recieved totaling $15.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First3years Addison, TX | $1,553,439 | $915,769 |
Association Of Psychology Postdoctoral & Internship Ctrs Houston, TX | $3,580,888 | $1,308,477 |
The Ruth Institute Lake Charles, LA | $165,890 | $669,295 |
Texas Association Of Addiction Professionals Inc Lakeway, TX | $661,611 | $724,909 |
Academic Language Therapy Association Austin, TX | $971,602 | $702,710 |
Texas Psychological Association Houston, TX | $760,846 | $455,738 |
Alzheimers Texas Inc Austin, TX | $964,535 | $603,413 |
Texas Society Of Psychiatric Physicians Austin, TX | $196,533 | $282,941 |
Texas Occupational Therapy Association Inc Houston, TX | $720,062 | $409,922 |
Society For Consumer Psychology Fort Worth, TX | $1,141,620 | $386,864 |
Louisiana Association Of Substance Abuse Counselors & Trainers Baton Rouge, LA | $117,540 | $245,886 |
Louisiana Counseling Association Monroe, LA | $787,500 | $364,950 |