Lake Park Elementary P T O Inc
- Assets
- $30.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, GA
- Founding
- 09/2002
- Data as of
- 06/2024
- EIN
- 30-0104350
Organization Overview
Lake Park Elementary P T O Inc is located in Albany, GA. The organization was established in 2002. 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. Lake Park Elementary P T O Inc 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 06/2024, Lake Park Elementary P T O Inc generated $7.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $19.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
LAKE PARK ELEMENTARY PTO IS ORGANIZED TO INVOLVE PARENTS IN THE BETTERMENT OF LAKE PARK ELEMENTARY SCHOOL THROUGH PARTICIPATION IN FUND RAISING EVENTS AND SCHOLASTIC EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Clements President | 2 | $0 | |
Laura Palaima Treasurer | 2 | $0 | |
Jessica Minnick Secretary | 2 | $0 | |
Abbey Sinyard Vice Preside | 2 | $0 | |
Soy Garvey Board Member | 0.5 | $0 | |
Paula Lewis Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $715 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,673 |
| Other Revenue | $0 |
| Total Revenue | $7,388 |
| 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 | $1,114 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,110 |
| Total expenses | $19,224 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,456 |
| Other assets | $0 |
| Total assets | $30,748 |
| Total liabilities | $1,498 |
| Net assets or fund balances | $29,250 |