Lumin Education
- Assets
- $26.6m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 163
- Location
- Dallas, TX
- Founding
- 03/1979
- Data as of
- 08/2021
- EIN
- 75-1612054
Organization Overview
Lumin Education is located in Dallas, TX. The organization was established in 1979. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 08/2021, Lumin Education employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lumin Education 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 08/2021, Lumin Education generated $14.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $8.5m during the year ending 08/2021. While expenses have increased by 3.0% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM EDUCATION BY STARTING YOUNG, INVOLVING PARENTS, AND CREATING LEARNING ENVIRONMENTS TO INSPIRE CHILDREN FROM DIVERSE CULTURAL AND ECONOMIC BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LUMIN EDUCATION WAS FOUNDED IN 1978 AND SERVES MORE THAN 600 CHILDREN AND THEIR PARENTS IN THESE PROGRAMS: 1) PREGNANCY TO AGE 3 (P-3) HOME VISITING PARENT EDUCATION PROGRAM, 2) DAILY MONTESSORI CLASSES FOR CHILDREN AGES 1 TO 5 (B4SIX CLASSROOM PROGRAM), AND 3) DAILY MONTESSORI CLASSES FOR CHILDREN AGES 6 TO 9 (ELEMENTARY CLASSROOM PROGRAM). IN SPITE OF GROWING UP IN NEIGHBORHOODS THAT STRUGGLE WITH POVERTY, ILLITERACY, AND HIGH DROPOUT RATES, 96% OF LUMIN'S THIRD GRADE ALUMNI HAVE SUCCESSFULLY COMPLETED HIGH SCHOOL OR EARNED A G.E.D. AND 89% ATTEND COLLEGE.
LUMIN EDUCATION WAS FOUNDED IN 1978 AND SERVES MORE THAN 600 CHILDREN AND THEIR PARENTS IN THESE PROGRAMS: 1) PREGNANCY TO AGE 3 (P-3) HOME VISITING PARENT EDUCATION PROGRAM, 2) DAILY MONTESSORI CLASSES FOR CHILDREN AGES 1 TO 5 (B4SIX CLASSROOM PROGRAM), AND 3) DAILY MONTESSORI CLASSES FOR CHILDREN AGES 6 TO 9 (ELEMENTARY CLASSROOM PROGRAM). IN SPITE OF GROWING UP IN NEIGHBORHOODS THAT STRUGGLE WITH POVERTY, ILLITERACY, AND HIGH DROPOUT RATES, 96% OF LUMIN'S THIRD GRADE ALUMNI HAVE SUCCESSFULLY COMPLETED HIGH SCHOOL OR EARNED A G.E.D. AND 89% ATTEND COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Barnett Monfrey Chief Development Officer | 40 | $120,608 | |
Jodi M Campbell COO | Officer | 40 | $118,649 |
Terry N Ford Executive Director | Officer | 40 | $107,258 |
Kelsey Bridgewater Clark Vice-Pres/director | OfficerTrustee | 1 | $0 |
Michael Giles President/director | OfficerTrustee | 1 | $0 |
Mike Birrer Treasurer/director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,702,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,182,970 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,885,629 |
| Total Program Service Revenue | $112,354 |
| Investment income | $202,338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $38,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,658,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,667 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $346,515 |
| Compensation of current officers, directors, key employees. | $207,909 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,453,754 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $885,032 |
| Payroll taxes | $230,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,626 |
| Fees for services: Accounting | $28,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $356,095 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,759 |
| Travel | $52,396 |
| 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 | $427,561 |
| Insurance | $94,091 |
| All other expenses | $52,495 |
| Total functional expenses | $8,486,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $3,906,572 |
| Pledges and grants receivable | $1,500,797 |
| Accounts receivable, net | $241,183 |
| 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 | $75,297 |
| Net Land, buildings, and equipment | $7,643,324 |
| Investments—publicly traded securities | $12,689,489 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $506,827 |
| Total assets | $26,563,589 |
| Accounts payable and accrued expenses | $228,100 |
| 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 | $228,100 |
| Net assets without donor restrictions | $18,427,229 |
| Net assets with donor restrictions | $7,908,260 |
| 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 | $26,563,589 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Lumin Education has recieved totaling $1,098,342.
| Awarding Organization | Amount |
|---|---|
Orien Levy Woolf And Dr Jack Woolf Charitable Trust Plano, TX PURPOSE: PUBLIC CHARITY | $285,900 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO CONDUCT RESEARCH TO UNDERSTAND HOW THE LUMIN EDUCATION MODEL MIGHT IMPROVE ACADEMIC ACHIEVEMENT, EMOTIONAL WELL-BEING, AND EXECUTIVE FUNCTION FOR ITS STUDENTS. | $135,725 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $111,311 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO CREATE AN OFFICE WITHIN LUMIN THAT WILL ESTABLISH PARTNERSHIPS AND FEEDER AGREEMENTS WITH CHARTER, DISTRICT, AND PRIVATE SCHOOLS IN ORDER TO STRENGTHEN STUDENT RETENTION. | $100,938 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $90,796 |
Eugene Mcdermott Foundation Dallas, TX PURPOSE: FOR NORTH TEXAS GIVING DAY FOR OPERATIONS | $80,000 |
Endowment Analysis
| Beg. Balance | $8,069,699 |
| Earnings | $185 |
| Net Contributions | $5,585,112 |
| Ending Balance | $13,654,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Academies Of New Orleans Inc New Orleans, LA | $3,607,282 | $19,811,905 |
Varnett Schools Inc Houston, TX | $25,630,579 | $16,355,176 |
The Emery-Weiner Center For Jewish Education Houston, TX | $36,882,077 | $18,976,630 |
Sandia School Albuquerque, NM | $27,571,490 | $14,904,182 |
French & Montessori Education Inc New Orleans, LA | $8,632,060 | $13,354,447 |
Fort Bend Christian Academy Sugar Land, TX | $31,881,778 | $16,006,683 |
The Lamplighter School Dallas, TX | $61,812,607 | $20,667,782 |
Arise Academy New Orleans, LA | $3,784,290 | $13,860,913 |
Ser Ninos Inc Houston, TX | $64,261,169 | $15,924,628 |
San Antonio Academy Of Texas San Antonio, TX | $49,529,781 | $8,875,317 |
Conservative Jewish Day School Of Dallas Inc Dallas, TX | $20,121,364 | $11,313,522 |
Hope Christian Schools Inc Albuquerque, NM | $37,299,109 | $13,469,173 |