Lincoln County Public Education Foundation
- Assets
- $1.6m
- Revenue
- -$301.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lincolnton, NC
- Founding
- 10/1994
- Data as of
- 06/2022
- EIN
- 58-2099335
Organization Overview
Lincoln County Public Education Foundation is located in Lincolnton, NC. The organization was established in 1994. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Lincoln County Public Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS FOR THE PURCHASE OF TECHNOLOGY EQUIPMENT FOR LINCOLN COUNTY SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION OF FUNDS FOR THE PURCHASE OF TECHNOLOGY EQUIPMENT FOR LINCOLN COUNTY SCHOOLS.
CONTRIBUTION OF FUNDS FOR THE PURCHASE OF TECHNOLOGY EQUIPMENT FOR LINCOLN COUNTY SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Lewis President | Trustee | $0 | |
Joe Lampron Vice Preside | Trustee | $0 | |
Tracy Barger Treasurer | Trustee | $0 | |
Gina Rye Member | Trustee | $0 | |
Francine Molina Member | Trustee | $0 | |
Mark Mullen Member | Trustee | $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 | $7,878 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,878 |
| Total Program Service Revenue | $0 |
| Investment income | -$309,619 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$301,741 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,283 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $17,083 |
| Total functional expenses | $97,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $501 |
| Savings and temporary cash investments | $51,849 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,521,627 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,573,977 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,573,977 |
| Net assets with donor restrictions | $0 |
| 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 | $1,573,977 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lincoln County Public Education Foundation has recieved totaling $124.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $124 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Innovative Education Partnership Corporation Maryville, TN | $1,869,912 | $5,283,927 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Ready For School Ready For Life Greensboro, NC | $5,692,106 | $6,572,581 |
Burlingame Country Club Inc Sapphire, NC | $10,768,735 | $4,568,714 |