Lone Oak Education Foundation
- Assets
- $37.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lone Oak, TX
- Founding
- 08/2016
- Data as of
- 06/2019
- EIN
- 81-2390031
Organization Overview
Lone Oak Education Foundation is located in Lone Oak, TX. The organization was established in 2016. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Lone Oak Education 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 06/2019, Lone Oak Education Foundation generated $56.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $56.3k during the year ending 06/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS, AND TECHNOLOGY FOR CLASSROOMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Norman President | 2 | $0 | |
Rose Hayden Vice President Development | 1 | $0 | |
Phyllis Mahand Vice President Finance | 1 | $0 | |
Beverly White Vice President Programs | 1 | $0 | |
Michelle Gilbert Vice President Marketing | 1 | $0 | |
Paula Billingslea Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,805 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,272 |
| Other Revenue | $0 |
| Total Revenue | $56,077 |
| Statement of Expenses | |
|---|---|
| Total expenses | $56,265 |
| Balance Sheet | |
|---|---|
| Total assets | $37,614 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,614 |