Lcsd 2 Education Foundation
- Assets
- $380.0k
- Revenue
- $98.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Afton, WY
- Founding
- 05/2001
- Data as of
- 12/2022
- EIN
- 83-0332506
Organization Overview
Lcsd 2 Education Foundation is located in Afton, WY. The organization was established in 2001. 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. Lcsd 2 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.
For the year ending 12/2022, Lcsd 2 Education Foundation generated $98.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $142.8k during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 8 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
TO PROVIDE SCHOLARSHIPS TO WORTHY STUDENTS AND PROVIDE GRANTS TO TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING COLLEGE SCHOLARSHIPS FOR BOTH STAR VALLEY AND COKEVILLE HIGH SCHOOL GRADUATES.
FRIDAY FOOD BAG. PROVIDING FOOD FOR UNDERPRIVILEGED STUDENTS FOR WEEKENDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Hale Director | Trustee | 1 | $0 |
Marty Kleemam Treasurer/secretary | Officer | 1 | $0 |
Joe Hale Board Member | Trustee | 1 | $0 |
Jason Horsley Board Member | Trustee | 1 | $0 |
Marti Halverson Board Member | Trustee | 1 | $0 |
Dan Dockstader Board Member | Trustee | 1 | $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 | $115,847 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,847 |
| Total Program Service Revenue | $0 |
| Investment income | $3,475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,179 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,143 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $18,113 |
| 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 | $500 |
| Office expenses | $3,079 |
| 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 | $237 |
| Total functional expenses | $142,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $257,924 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,420 |
| 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 | $110,687 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $380,031 |
| 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 | $11,825 |
| Total liabilities | $11,825 |
| Net assets without donor restrictions | $0 |
| 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 | $368,206 |
| Total liabilities and net assets/fund balances | $380,031 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lcsd 2 Education Foundation has recieved totaling $30,646.
| Awarding Organization | Amount |
|---|---|
Kayland E Call And Virjean Call And Ralph I Call And Nola Call Fnd Webster, MN PURPOSE: GENERAL OPERATIONS | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $646 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Montana Higher Education Student Assistance Corporation Helena, MT | $454,297,151 | $15,047,614 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
Reisher Family Foundation Lakewood, CO | $521,642,537 | $444,544,338 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |