Lawrence Community Unit School District No 20 Academic Foundation

Organization Overview

Lawrence Community Unit School District No 20 Academic Foundation is located in Lawrenceville, IL. The organization was established in 1994. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Lawrence Community Unit School District No 20 Academic 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 12/2023, Lawrence Community Unit School District No 20 Academic Foundation generated $183.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $103.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO PROMOTE ACADEMIC EDUCATION AND ACTIVITIES THROUGH SCHOLARSHIP AWARDS AND DONATIONS THROUGH THE UNIT 20 SCHOOL TO VARIOUS SCHOOL TEACHERS FOR VARIOUS FUNCTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTED SCHOLARSHIPS AMOUNTING 95,000 TO STUDENTS AND 1,510 IN DONATIONS TO TEACHER PROJECTS.


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Board, Officers & Key Employees

Name (title)Compensation
David Atkins
Trustee
$0
John Clark
Trustee
$0
Julie Ivers
Trustee
$0
Carla Kull
Trustee
$0
Roger Kull
President
$0
Nancy Lawless
Secretary
$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$465
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$465
Total Program Service Revenue$0
Investment income $95,687
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $87,545
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $183,697

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