Lake Shore Foundation For Educational Excellence
- Assets
- $113.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Clair Shores, MI
- Founding
- 11/1987
- Data as of
- 06/2022
- 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 06/2022, Lake Shore Foundation For Educational Excellence generated $56.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $37.2k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE GRANTS FOR 25 TEACHERS FOR THE BENEFIT OF APPROXIMATELY 3,000 STUDENTS IN K-12 GRADES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Bartley Treasurer | 14 | $0 | |
Linda Russell Trustee | 2 | $0 | |
Jack Dick Chairperson | 20 | $0 | |
Cindy Gliesman Secretary | 4 | $0 | |
Donna Bowers Trustee | 3 | $0 | |
Carol Szuba Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,027 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,765 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,548 |
| Other Revenue | $0 |
| Total Revenue | $56,340 |
| 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 | $18,641 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $727 |
| Other expenses | $0 |
| Total expenses | $37,209 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,930 |
| Other assets | $0 |
| Total assets | $113,930 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,930 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake Shore Foundation For Educational Excellence has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Fred J Maloof Family Foundation St Clair Shores, MI PURPOSE: CHARITABLE DONATION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Sc Johnson Giving Inc Racine, WI | $34,098,989 | $19,343,102 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Herb Kohl Educational Foundation Inc Milwaukee, WI | $133,385 | $3,506,418 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Ab Nicholas Scholarship Foundation Mequon, WI | $58,753,687 | $6,013,180 |
John F And Edith L Wilsterman Foundation Flushing, MI | $43,019,363 | $3,159,735 |