Lyndon State College Foundation
- Assets
- $202.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lyndonville, VT
- Founding
- 04/1981
- Data as of
- 10/2023
- EIN
- 03-0279495
Organization Overview
Lyndon State College Foundation is located in Lyndonville, VT. The organization was established in 1981. 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. Lyndon State College 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 10/2023, Lyndon State College Foundation generated $61.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $34.1k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL SUPPORT FOR LYNDON STATE COLLEGE SCHOLARSHIPS, PROGRAMS, AND FACILITES FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Impey Director - President | 2 | $0 | |
Shaina Calhoun Director | 0.5 | $0 | |
Mike Flynn Director - Secretary | 2 | $0 | |
Mark Hayes Director | 0.5 | $0 | |
Sharon Reihmer Director - Vice President | 2 | $0 | |
Roena Whitehill Director - Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,133 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,425 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$758 |
| Other Revenue | $0 |
| Total Revenue | $61,800 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $528 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,092 |
| Total expenses | $34,120 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,022 |
| Other assets | $0 |
| Total assets | $202,603 |
| Total liabilities | $7,383 |
| Net assets or fund balances | $195,220 |