Lindsay Educational Foundation
- Assets
- $117.4k
- Revenue
- $2.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lindsay, OK
- Founding
- 04/2003
- Data as of
- 12/2020
- EIN
- 01-0768694
Organization Overview
Lindsay Educational Foundation is located in Lindsay, OK. The organization was established in 2003. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Lindsay Educational 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 12/2020, Lindsay Educational Foundation generated $2.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $564.0 during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (23.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
OBTAINED DONATIONS AND GIFTS FROM VARIOUS SOURCES TO PROVIDE EDUCATIONAL SCHOLARSHIPS AND GRANTS FOR STUDENTS OF LINDSAY PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doyle Greteman President | 1 | $0 | |
Melinda Jones Vice President | 1 | $0 | |
Annette Yarbrough Secretary | 1 | $0 | |
Lisa Burch Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,370 |
| Interest on Savings | $407 |
| 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 | $2,777 |
| 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 | $64 |
| Total operating and administrative expenses | $64 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $117,352 |
| 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 | $117,352 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Lindsay Educational Foundation has awarded $5,328 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LINDSAY PUBLIC SCHOOLS PURPOSE: TEACHER GRANTS | $2,164 |
LINDSAY PUBLIC SCHOOLS PURPOSE: TEACHER GRANTS | $2,164 |
CASSANDRA V TORRES PURPOSE: EDUCATIONAL SCHOLARSHIP | $500 |
CASSANDRA V TORRES PURPOSE: EDUCATIONAL SCHOLARSHIP | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Houston Foundation Houston, TX | $176,095,945 | $16,062,659 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Harmony Education Foundation Houston, TX | $114,104,071 | $8,179,563 |
University Of Houston Law Foundation Houston, TX | $45,914,455 | $12,108,059 |
The Texas A & M University Commerce Foundation Commerce, TX | $38,245,128 | $4,326,106 |
Colorado State University-Pueblo Foundation Pueblo, CO | $68,008,177 | $8,127,637 |
Alamo Colleges Foundation Inc San Antonio, TX | $77,782,031 | $21,582,510 |
Pittsburg State University Foundation Inc Pittsburg, KS | $127,952,768 | $13,650,196 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |
K-State Olathe Innovation Campus Inc Olathe, KS | $45,049,185 | $10,222,325 |
Texas Music Educators Association Inc Austin, TX | $10,305,852 | $5,351,237 |