LEBANON EDUCATIONAL FOUNDATION INC

Address
PO BOX 47
LEBANON, IN 46052
Contact
Nonprofit
NTEE: B11 - Single Organization Support
EIN: 35-1804498

Mission

THE MISSION OF THE LEBANON EDUCATIONAL FOUNDATION IS TO PROMOTE, ENHANCE AND RECOGNIZE EXCELLENCE IN THE EDUCATIONAL EXPERIENCE FOR STUDENTS AND EDUCATORS IN THE LEBANON COMMUNITY SCHOOL CORPORATION THROUGH SCHOLARSHIPS, GRANTS AND AWARDS.
 20162015201420132012
Basic features of the organization
Year of formation1991
Subsection code03
PF filing required0    
Metropolitan statistical area3480
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees11   
Number of volunteers2525   
Personnel
Endres, Kyle
TitlePRESIDENTPRESIDENT   
Name of key/compensated personKYLE ENDRESKYLE ENDRES   
Position of compensated person
Current officerTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Engel, Kate
TitleVICE-PRESIDEVICE-PRESIDE   
Name of key/compensated personKATE SHELBY ENGELKATE SHELBY ENGEL   
Position of compensated person
Current officerTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Julian, April
TitleSECRETARYSECRETARY   
Name of key/compensated personAPRIL JULIANAPRIL JULIAN   
Position of compensated person
Current officerTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Stuteville, Matt
TitleTREASURERTREASURER   
Name of key/compensated personMATT STUTEVILLEMATT STUTEVILLE   
Position of compensated person
Current officerTrueTrue   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE LEBANON EDUCATIONAL FOUNDATION'S MISSION IS TO PROMOTE, ENHANCE AND RECOGNIZE EXCELLENCE IN THE LEBANON COMMUNITY SCHOOL CORPORATION THROUGH SCHOLARSHIPS, GRANTS AND AWARDS.THE LEBANON EDUCATIONAL FOUNDATION'S MISSION IS TO PROMOTE, ENHANCE AND RECOGNIZE EXCELLENCE IN THE LEBANON COMMUNITY SCHOOL CORPORATION THROUGH SCHOLARSHIPS, GRANTS AND AWARDS.   
Program service expenses, total$65,046.00$125,554.00   
Programs, including revenue & expenses
TO RECOGNIZE TEACHERS AND STUDENTS BY OFFERING SCHOLARSHIPES, GRANTS AND RECOGNITION TO ENHANCE THE EDUCATIONAL EXPERIENCE.
Program descriptionTO RECOGNIZE TEACHERS AND STUDENTS BY OFFERING SCHOLARSHIPES, GRANTS AND RECOGNITION TO ENHANCE THE EDUCATIONAL EXPERIENCE.TO RECOGNIZE TEACHERS AND STUDENTS BY OFFERING SCHOLARSHIPES, GRANTS AND RECOGNITION TO ENHANCE THE EDUCATIONAL EXPERIENCE.   
Financial data
Revenue
Total revenue$158,240.00$220,367.00   
Revenue from contributions (total)$61,437.00$182,780.00$87,671.00$85,734.00$58,652.00
Investment income, current yr$51,667.00$25,700.00   
Total revenue from grants, etc., current yr$61,437.00$182,780.00   
Total unrelated business revenue$0.00$0.00   
Other revenue, current yr$45,136.00$11,887.00   
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$1,050,148.00$421,120.00   
Sources of contributions
Revenue from all other contributions$61,437.00$182,780.00   
Other types of revenue
Miscellaneous revenue (total)$26,632.00-$4,384.00   
Income from dividends, interest, and similar investments$11,377.00$14,161.00   
Net rental income $0.00$0.00$0.00$0.00
Net income from fundraising events$18,504.00$16,271.00   
Expense categories (totals)
Total functional expenses: sum of all$92,164.00$151,328.00   
Total functional expenses: program service $65,046.00$125,554.00   
Total functional expenses: management and general$27,118.00$25,774.00   
Total functional expenses: fundraising$0.00$0.00   
Fees for services
Fundraising service fees (total)$0.00$0.00   
General management fees (total)$1,791.00$1,822.00   
Investment management fees (total)$6,162.00$5,838.00   
Assets and liabilities
Total assets$1,001,763.00$936,355.00$955,803.00$864,101.00$791,217.00
Total assets, beginning of year$936,355.00$955,803.00   
Total liabilities$58.00$726.00$14,848.00$26,181.00$19,049.00
Total liabilities, beginning of year$726.00$14,848.00   
Unrestricted net assets, end of yr$23,372.00$23,430.00   
Temporarily restricted net assets$87,272.00$76,185.00   
Permanently restricted net assets, end of yr$891,061.00$836,014.00   
Net assets$1,001,705.00$935,629.00   
Net assets, beginning of year$935,629.00$940,955.00   
Other liabilities$58.00$726.00   
Cash: non-interest bearing$100,698.00$33,433.00   
Cash: non-interest bearing, beginning of year$33,433.00$19,194.00   
Investments -- program-related$891,062.00$826,737.00   
Other financial variables
Revenue less expenses$66,076.00$69,039.00   
Advertising (total)$975.00$75.00   
Savings & temp cash investment$10,003.00$76,185.00   
Total net assets or fund balances$1,001,705.00$935,629.00   
Governance and accountability
Number of voting members1515   
Number of independent voting members1515   
Cash accountingTrueTrue   
Tax year start date2016-01-012015-01-01   
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990   
Date e-filing submitted2017-10-102017-04-11   
IRS schema version2016v3.02015v2.1   
Filing identifier201732269349302618201643209349302094   
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