Lebanon Area Foundation
- Assets
- $5.3m
- Revenue
- $1.3m
- Investments
- $4.3m
- Employees
- 2
- Location
- Lebanon, MO
- Founding
- 12/1984
- Data as of
- 06/2022
- EIN
- 43-1340282
Organization Overview
Lebanon Area Foundation is located in Lebanon, MO. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Lebanon Area Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lebanon Area 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 06/2022, Lebanon Area Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $646.3k during the year ending 06/2022. While expenses have increased by 10.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION ESTABLISHED TO ADMINISTER DONATIONS FOR VARIOUS COMMUNITY PROJECTS AND NON-PROFIT ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OGRANIZATION ESTATBLISHED TO ADMINISTER DONATIONS FOR VARIOUS COMMUNITY PROJECTS AND NON-PROFIT ENTITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Knapp Treasurer | Officer | 5 | $0 |
Donieta Hawkins President | Officer | 5 | $0 |
Deborah Moore Vice President | Officer | 5 | $0 |
Rachelle Jennings Secretary | Officer | 5 | $0 |
Melinda Fries Adminstrator | Officer | 40 | $0 |
John Gideon Director | Trustee | 2 | $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 | $639,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $639,425 |
| Total Program Service Revenue | $0 |
| Investment income | $185,255 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $501,665 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,326,379 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,219 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,224 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,340 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,829 |
| Travel | $1,800 |
| 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 | $2,511 |
| All other expenses | $0 |
| Total functional expenses | $646,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $784,745 |
| Savings and temporary cash investments | $152,667 |
| 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 | $54,374 |
| 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 | $4,348,369 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,340,155 |
| Accounts payable and accrued expenses | $1,363 |
| 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 | $1,363 |
| Net assets without donor restrictions | $162,803 |
| Net assets with donor restrictions | $5,175,989 |
| 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 | $5,340,155 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Lebanon Area Foundation has recieved totaling $31,407.
| Awarding Organization | Amount |
|---|---|
Boswell Foundation Inc Lebanon, MO PURPOSE: PROGRAM SUPPORT | $24,650 |
Commerce Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $4,750 |
Commerce Foundation Kansas City, MO PURPOSE: LEBANON PUBLIC SCHOOLS ALUMNI PLAZA | $1,000 |
Wilbur And Patsy Bradley Family Foundation Lebanon, MO PURPOSE: GENERAL | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Endowment Analysis
| Beg. Balance | $4,756,452 |
| Earnings | -$264,084 |
| Admin Expense | $60,741 |
| Net Contributions | $4,000 |
| Other Expense | $167,691 |
| Ending Balance | $4,267,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |