Lafayette Partners In Education
- Assets
- $5.8m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Lafayette, CA
- Founding
- 01/1981
- Data as of
- 06/2023
- EIN
- 94-2699518
Organization Overview
Lafayette Partners In Education is located in Lafayette, CA. The organization was established in 1981. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2023, Lafayette Partners In Education employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lafayette Partners In Education 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, Lafayette Partners In Education generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $4.4m during the year ending 06/2023. While expenses have increased by 4.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LAFAYETTE PARTNERS IN EDUCATION (LPIE) MISSION IS TO SUPPORT AND ENRICH THE EDUCATION OF EVERY CHILD IN THE LAFAYETTE PUBLIC SCHOOLS THROUGH A BROAD COMMUNITY-BASED EFFORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LPIE HELPS MAINTAIN THE HALLMARKS OF AN EDUCATION RICH IN SCIENCE, MATH, MUSIC, ART, TECHNOLOGY, FOREIGN LANGUAGE, ELECTIVES AND HUMANITIES. WE ALSO PROVIDE FUNDING FOR SUPPORT SERVICES SUCH AS INSTRUCTIONAL AIDES, COUNSELING, PROFESSIONAL DEVELOPMENT, AND MORE.FILLING THE FUNDING GAP:WORKING WITH THE LAFAYETTE AND ACALANES SCHOOL DISTRICTS, WE IDENTIFY AREAS FOR INVESTMENT IN CORE ACADEMICS AND ENRICHMENT, SUPPORTING PROGRAMS AND EFFORTS THAT MIGHT OTHERWISE GO UNFUNDED.POWERING OUR SCHOOLS:SINCE 1980, LPIE DONATIONS HAVE PROVIDED MORE THAN $30 MILLION IN FUNDING TO SUPPORT LAFAYETTE STUDENTS.
WHAT WE DO:WE BELIEVE LAFAYETTE SCHOOL CHILDREN NEED TO HAVE A WELL ROUNDED EDUCATION THAT REACHES FAR BEYOND THE BASICS IN ORDER TO THRIVE IN TODAY'S WORLD. LAFAYETTE PARTNERS IN EDUCATION TEAMS UP WITH PARENTS, VOLUNTEERS, SCHOOL DISTRICTS AND CLASSROOM TEACHERS TO SUPPORT HIGH PRIORITY SCHOOL PROGRAMS THREATENED BY LACK OF REGULAR FUNDING, LPIE ALSO BRINGS SPECIALLY SKILLED INDEPENDENT INSTRUCTORS INTO THE CLASSROOM TO SHARE THEIR TALENTS AND DELIVERS EXTRAORDINARY ENRICHMENT OPPORTUNITIES THAT SPARK STUDENTS' IMAGINATIONS AND IGNITES THEIR DREAMS.THE FOUNDATION'S EFFORTS BENEFIT THE 4500+ STUDENTS OF BURTON VALLEY, HAPPY VALLEY, LAFAYETTE AND SPRINGHILL ELEMENTARY SCHOOLS, STANLEY MIDDLE SCHOOL AND ACALANES HIGH SCHOOL. WE FUND SCIENCE EDUCATION, MUSIC PROGRAMS, VISUAL ARTS PROGRAMS, FOREIGN
LANGUAGES, AND OTHER ELECTIVES ALONG WITH CLASSROOM AIDES IN ELEMENTARY SCHOOLS, COUNSELORS, AND TECHNOLOGY TO ENHANCE EDUCATION AT EVERY GRADE LEVEL. .WE WORK CLOSELY WITH THE LAFAYETTE SCHOOL DISTRICT, ACALANES UNION HIGH SCHOOL DISTRICT, AND PARENT ORGANIZATIONS TO PROVIDE THE FUNDING THAT HELPS MAINTAIN THE TOP QUALITY EDUCATION PROGRAMS OF OUR HIGHLY REGARDED SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Horpedahl Executive Dir. | Officer | 40 | $130,038 |
Anita Embleton President | OfficerTrustee | 4 | $0 |
Danielle Gallagher Vice President | OfficerTrustee | 4 | $0 |
Paul Chopra Treasurer | OfficerTrustee | 4 | $0 |
Rachel Schmidt Secretary | OfficerTrustee | 4 | $0 |
Ayesha Wahedi Vice President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $119,427 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,508,332 |
| Noncash contributions included in lines 1a–1f | $290,474 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,627,759 |
| Total Program Service Revenue | $0 |
| Investment income | $130,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $359,852 |
| Net Income from Fundraising Events | $156,821 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,275,052 |
| 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. | $148,000 |
| Compensation of current officers, directors, key employees. | $37,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,780 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,721 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,711 |
| Fees for services: Other | $282,756 |
| Advertising and promotion | $0 |
| Office expenses | $34,060 |
| Information technology | $6,169 |
| Royalties | $0 |
| Occupancy | $35,721 |
| 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 | $10,629 |
| All other expenses | $1,387,784 |
| Total functional expenses | $4,404,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,651 |
| Savings and temporary cash investments | $4,103,594 |
| 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 | $135,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,417,391 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $65,045 |
| Total assets | $5,767,681 |
| Accounts payable and accrued expenses | $48,297 |
| Grants payable | $0 |
| Deferred revenue | $266,250 |
| 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 | $63,245 |
| Total liabilities | $377,792 |
| Net assets without donor restrictions | $3,772,608 |
| Net assets with donor restrictions | $1,617,281 |
| 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 | $5,767,681 |