Educational Foundation Of Lake County Inc

Organization Overview

Educational Foundation Of Lake County Inc is located in Tavares, FL. The organization was established in 1987. As of 06/2023, Educational Foundation Of Lake County Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Foundation Of Lake County Inc 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, Educational Foundation Of Lake County Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE EDUCATIONAL FOUNDATION IS THE DIRECT SUPPORT ORGANIZATION FOR LAKE COUNTY PUBLIC SCHOOLS. OUR MISSION IS TO SERVE AS THE CONNECTION BETWEEN OUR COMMUNITY AND PUBLIC EDUCATION, EVALUATING NEEDS AND SECURING RESOURCES TO ENHANCE THE QUALITY OF EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DIRECT SUPPORT OF STUDENTS AND TEACHERS IN LAKE COUNTY THROUGH THE PROVISION OF GRANTS, SCHOLARSHIPS AND RECOGNITION EVENTS TO ENCOURAGE EXCELLENCE IN EDUCATION.


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Financial Statements

Statement of Revenue
Federated campaigns$16,441
Membership dues$3,366
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,382,495
Noncash contributions included in lines 1a–1f $817,877
Total Revenue from Contributions, Gifts, Grants & Similar$1,402,302
Total Program Service Revenue$352,459
Investment income $7,782
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $496,474
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,265,387

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