Lake Shore Foundation For Educational Excellence
- Assets
- $128.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Clair Shores, MI
- Founding
- 11/1987
- Data as of
- 06/2023
- EIN
- 38-2761760
Organization Overview
Lake Shore Foundation For Educational Excellence is located in Saint Clair Shores, MI. The organization was established in 1987. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Lake Shore Foundation For Educational Excellence 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 06/2023, Lake Shore Foundation For Educational Excellence generated $56.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $45.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE GRANTS FOR 36 STAFF FOR THE BENEFIT OF APPROXIMATELY 3,000 STUDENTS IN K-12 GRADES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Dick Chairperson | 20 | $0 | |
Donna Bowers Vice-Chairperson | 5 | $0 | |
Cindy Gliesman Secretary | 4 | $0 | |
Ronald Bartley Treasurer | 14 | $0 | |
Madelynne Cudney Trustee | 3 | $0 | |
Greg Pearl Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,797 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,687 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,514 |
| Other Revenue | $0 |
| Total Revenue | $55,998 |
| 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 | $10,743 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $44 |
| Other expenses | $0 |
| Total expenses | $45,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,914 |
| Other assets | $0 |
| Total assets | $128,914 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,914 |