East Lansing Educational Foundation
- Assets
- $226.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 12/1985
- Data as of
- 12/2023
- EIN
- 38-2542525
Organization Overview
East Lansing Educational Foundation is located in East Lansing, MI. The organization was established in 1985. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. East Lansing 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 12/2023, East Lansing Educational Foundation generated $118.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $144.9k during the year ending 12/2023. While expenses have increased by 7.2% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FINANCIAL SUPPORT TO EDUCATIONAL PROGRAMS AND ACTIVITIES IN THE EAST LANSING PUBLIC SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Blair Director | 2 | $0 | |
Scott Carney Director | 2 | $0 | |
Mary Crawford Director | 2 | $0 | |
Scott Eldridge Director | 2 | $0 | |
Dane Sprecher Director | 2 | $0 | |
Rebecca Dean Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,490 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $332 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,191 |
| Other Revenue | $0 |
| Total Revenue | $118,013 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,978 |
| Professional fees and other payments to independent contractors | $3,923 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,448 |
| Other expenses | $15,374 |
| Total expenses | $144,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,794 |
| Other assets | $0 |
| Total assets | $226,315 |
| Total liabilities | $0 |
| Net assets or fund balances | $226,315 |