Lebanon Schools Foundation
- Assets
- $1.9m
- Revenue
- $199.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon, OR
- Founding
- 03/1998
- Data as of
- 06/2022
- EIN
- 93-1231357
Organization Overview
Lebanon Schools Foundation is located in Lebanon, OR. The organization was established in 1998. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Lebanon Schools 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 06/2022, Lebanon Schools Foundation generated $199.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $60.8k during the year ending 06/2022. While expenses have increased by 1.5% per year over the past 7 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
THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE STUDENTS AT LEBANON COMMUNITY SCHOOL DISTRICT WITH ADDITIONAL FUNDING FOR CURRICULUM ENHANCEMENTS AND COLLEGE SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONEY HAS BEEN USED TO PROVIDE ADDITIONAL FUNDING TO VARIOUS SCHOOL PROGRAMS TO ENHANCE THE EDUCATIONAL EXPERIENCE AND TO PROVIDE COLLEGE SCHOLARSHIPS FOR GRADUATING SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mcfetridge President | OfficerTrustee | 3 | $0 |
Janet Bauer Secretary | OfficerTrustee | 1 | $0 |
Edda King Treasurer | OfficerTrustee | 1 | $0 |
Kary Daniels Director | Trustee | 1 | $0 |
Robert Burt Director | Trustee | 1 | $0 |
Bo Yates Director | Trustee | 2 | $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 | $112,559 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,559 |
| Total Program Service Revenue | $0 |
| Investment income | $87,236 |
| 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 | $199,795 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,560 |
| Grants and other assistance to domestic individuals. | $37,250 |
| 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 | $2,400 |
| 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 | $124 |
| 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 | $674 |
| All other expenses | $0 |
| Total functional expenses | $60,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $90,746 |
| 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 | $1,839,603 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,930,349 |
| 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 | $0 |
| Net assets with donor restrictions | $1,930,349 |
| 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 | $1,930,349 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lebanon Schools Foundation has recieved totaling $36,332.
| Awarding Organization | Amount |
|---|---|
Linn Benton Food Share Corvallis, OR PURPOSE: FOOD | $18,166 |
Linn Benton Food Share Corvallis, OR PURPOSE: FOOD | $18,166 |
Endowment Analysis
| Beg. Balance | $2,105,471 |
| Earnings | -$226,960 |
| Admin Expense | $8,911 |
| Net Contributions | $112,559 |
| Grants | $51,810 |
| Ending Balance | $1,930,349 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pta California Congress Of Parents Teachers & Students Inc Sacramento, CA | $9,082,198 | $3,438,208 |
Barrio Logan College Institute San Diego, CA | $2,959,151 | $2,373,413 |
District Council 5 Apprenticeship And Training Trust Fund Seattle, WA | $13,517,788 | $2,823,571 |
Investigative Newsource San Diego, CA | $1,931,219 | $2,112,295 |
Northshore Schools Foundation Bothell, WA | $974,822 | $1,619,862 |
Challenge Day Oakley, CA | $817,462 | $746,583 |
Tam High Foundation Mill Valley, CA | $2,235,843 | $891,115 |
Portola Valley Schools Foundation Portola Valley, CA | $6,920,086 | $1,100,055 |
Claremont Parent-Faculty Claremont, CA | $1,059,444 | $1,226,763 |
Friends Of Willow Tree Bonsall, CA | $532,002 | $953,888 |
Washington Congress Of Parents & Teachers Tacoma, WA | $1,380,686 | $777,376 |
P R I D E Booster Club Inc Paul Revere Middle School Los Angeles, CA | $1,237,420 | $592,629 |