Lamar Independent Foundation For Education
- Assets
- $404.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lamar, MO
- Founding
- 09/1996
- Data as of
- 06/2023
- EIN
- 43-1744159
Organization Overview
Lamar Independent Foundation For Education is located in Lamar, MO. The organization was established in 1996. 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. Lamar Independent Foundation For Education 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, Lamar Independent Foundation For Education generated $19.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $42.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 8 years. 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 VARIOUS EDUCATIONAL EQUIPMENT AND SUPPLIES TOTHE LAMAR R-1 SCHOOL DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Morey President | 0 | $0 | |
Amanda Sturgell Vice-President | 0 | $0 | |
Kevin Bull Treasurer | 0 | $0 | |
Kimberly Ball Secretary | 0 | $0 | |
Chelsie Griffith Trustee | 0 | $0 | |
Shawn Maberry Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,680 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,937 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,617 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,621 |
| Total expenses | $42,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $404,869 |
| Other assets | $0 |
| Total assets | $404,869 |
| Total liabilities | $0 |
| Net assets or fund balances | $404,869 |