Lantana Education Charitable Foundation
- Assets
- $1.8m
- Revenue
- $414.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- 10/2000
- Data as of
- 12/2022
- EIN
- 75-2882214
Organization Overview
Lantana Education Charitable Foundation is located in Flower Mound, TX. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lantana Education Charitable 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 12/2022, Lantana Education Charitable Foundation generated $414.9k 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 (11.4%) each year. All expenses for the organization totaled $316.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lantana Education Charitable Foundation has awarded 40 individual grants totaling $6,602,238. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Bridges President | 1 | $0 | |
Sabrina Ray Board Member | 1 | $0 | |
Jill Ann Baer Board Member | 1 | $0 | |
Suzanne Gilbert Secretary | 1 | $0 | |
Kevin Carr Treasurer, Vice President | 1 | $0 | |
Mary Diefenbach Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $414,864 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $414,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,419 |
| Total operating and administrative expenses | $84,846 |
| Contributions, gifts, grants paid | $231,833 |
| Total expenses and disbursements | $316,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,824,540 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,824,540 |
| Accounts payable and accrued expenses | $600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $600 |
Grants Awarded
Over the last fiscal year, Lantana Education Charitable Foundation has awarded $231,833 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EP RAYZOR ELEMENTARY SCHOOL PURPOSE: FOR OPERATION AND ORGANIZATION DEVELOPMENT | $77,295 |
HARPOOL MIDDLE SCHOOL PURPOSE: FOR OPERATION AND ORGANIZATION DEVELOPMENT | $52,538 |
BLANTON ELEMENTARY SCHOOL PURPOSE: FOR OPERATION AND ORGANIZATION DEVELOPMENT | $102,000 |