Lambda State Foundation For Educational Studies Inc
- Assets
- $439.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, IL
- Founding
- 06/1986
- Data as of
- 06/2022
- EIN
- 37-1185056
Organization Overview
Lambda State Foundation For Educational Studies Inc is located in Princeton, IL. The organization was established in 1986. 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. Lambda State Foundation For Educational Studies 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 06/2022, Lambda State Foundation For Educational Studies Inc generated $6.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $26.3k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
ENCOURAGE AND FUND EDUCATIONAL RESEARCH AND EDUCATIONAL PROJECTS TO IMPROVE EDUCATION IN ILLINOIS AND PUBLICIZE THE RESULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverley Johns Director | 1 | $0 | |
Paula Freepartner Director | 1 | $0 | |
Cheryl Milewski Chair | 1 | $0 | |
Kay Mason Director | 1 | $0 | |
Vicki Smith Treasurer | 5 | $0 | |
Joan Rog Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,654 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,978 |
| Gain or Loss | -$32,617 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $333 |
| Total Revenue | $6,348 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,256 |
| Total expenses | $26,256 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $439,699 |
| Other assets | $0 |
| Total assets | $439,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $439,699 |
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