Lawrence Schools Foundation
- Assets
- $3.3m
- Revenue
- $679.7k
- Investments
- $3.2m
- Employees
- 0
- Location
- Lawrence, KS
- Founding
- 06/1986
- Data as of
- 12/2022
- EIN
- 48-1016950
Organization Overview
Lawrence Schools Foundation is located in Lawrence, KS. The organization was established in 1986. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Lawrence Schools 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 12/2022, Lawrence Schools Foundation generated $679.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $828.8k during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENRICHING THE EDUCATION PROVIDED TO ALL STUDENTS IN THE LAWRENCE PUBLIC SCHOOL SYSTEM.
Describe the Organization's Program Activity:
SCHOOL ASSISTANCE GRANTS - NEEDS BASED GRANTS FOR SCHOOLS. DISTRICT WIDE PROGRAM SUPPORT - GRANTS MADE UPON REQUEST BY AUTHORIZED DISTRICT ADMINISTRATORS FROM RESTRICTED FUNDS ESTABLISHED FOR VARIOUS DISTRICT PROGRAMS, INCLUDING SCHOOL SPECIFIC PROGRAMS.TEACHER INNOVATION GRANT PROGRAM - PROVIDE GRANTS TO TEACHERS FOR INNOVATIVE CLASSROOM/SCHOOL PROGRAMS AND PROJECTS
SCHOLARSHIPS - PROVIDE AWARDS FOR GRADUATING SENIORS.
TEACHER AWARDS - PROVIDE RECOGNITION FOR OUTSTANDING EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dena Johnston Exec. Director | Officer | 45 | $82,857 |
Jennifer Berquist President | OfficerTrustee | 1 | $0 |
Zak Bolick Trustee | Trustee | 1 | $0 |
Erica Hill Ex Officio | Trustee | 1 | $0 |
Rob Gillespie Treasurer | OfficerTrustee | 2 | $0 |
Martin Moore Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $78,198 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $781,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $859,323 |
| Total Program Service Revenue | $0 |
| Investment income | $71,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$236,224 |
| Net Income from Fundraising Events | -$14,758 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $679,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $552,117 |
| Grants and other assistance to domestic individuals. | $66,121 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,857 |
| Compensation of current officers, directors, key employees. | $16,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,073 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,391 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,382 |
| Fees for services: Other | $1,608 |
| Advertising and promotion | $560 |
| Office expenses | $10,976 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $700 |
| All other expenses | $3,822 |
| Total functional expenses | $828,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $128,692 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,183,378 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,312,070 |
| Accounts payable and accrued expenses | $11,677 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,677 |
| Net assets without donor restrictions | $568,975 |
| Net assets with donor restrictions | $2,731,418 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,312,070 |