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Education : Scholarship and Financial Support

Foundation for Lincoln Public Schools

Inspiring Possiblities

three stars

81.61

5905 O Street Lincoln, NE 68510
tel: (402) 436-1612   Web Site
EIN: 36-3490560

Board Leadership
Jackie Ostrowicki
Chair

CEO
Wendy Van
President

  Score
(out of 100)
Rating
Overall Score & Rating 81.61 three stars
  Financial 99.82 four stars
  Accountability & Transparency 74.00 two stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.

In strategic partnership with Lincoln Public Schools, the Foundation works with donors to create opportunities for student success. With public school funds dwindling and expenses rising, the Foundation for LPS was created to seek critical resources needed to help teachers achieve the ambitious educational goals they have for our children. Since inception, the Foundation for Lincoln Public Schools has donated over $32 million to LPS for enhanced programs and critical needs.

In strategic partnership with Lincoln Public Schools, the Foundation works with donors to create opportunities for student success. With public school funds dwindling and expenses rising, the Foundation for LPS was created to seek critical resources needed to help teachers achieve the ambitious educational goals they have for our children. Since inception, the Foundation for Lincoln Public Schools has donated over $32 million to LPS for enhanced programs and critical needs.

Financial

four stars

99.82

Accountability & Transparency

two stars

74.00

This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
84.4%
  Administrative Expenses 12.1%
  Fundraising Expenses 3.4%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 4.43
  Program Expenses Growth 17.3%
  Liabilities to Assets 0.3%
All data for Financial Performance Metrics calculations was provided by Foundation for Lincoln Public Schools on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foundation for Lincoln Public Schools on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Lincoln Public Schools (NE) 81.61 three stars
USMMA Alumni Association and Foundation (NY) 92.52 four stars
Vellore Christian Medical College Foundation (NY) 96.00 four stars
Palo Alto Partners in Education (CA) 89.61 three stars
Basic Fund (CA) 91.36 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,906,203
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,906,203
   Program Service Revenue $0
Total Primary Revenue $1,906,203
   Other Revenue $266,310
TOTAL REVENUE $2,172,513
   
EXPENSES  
   Program Expenses $1,605,567
   Administrative Expenses $239,793
   Fundraising Expenses $63,268
TOTAL FUNCTIONAL EXPENSES $1,908,628
   
Payments to Affiliates $0
Excess (or Deficit) for the year $263,885
   
Net Assets $10,638,221

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Memorial Scholarships $1,201,398 74.8%
Career Academy $215,598 13.4%
Development of Low-Income Student Program $95,553 5.9%
Spark Summer Learning Program $93,018 5.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-08 02/01/2019 81.61 three stars
2016-08 03/01/2018 80.96 three stars
2015-08 03/01/2017 81.49 three stars
2014-08 06/01/2016 80.17 three stars
 
CN 2.0
2014-08 08/01/2015 79.01 two stars
2012-08 08/01/2013 84.69 three stars
2012-08 06/01/2013 83.91 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-3490560
Name in IRS Master File FOUNDATION FOR LINCOLN PUBLIC SCHOOLS
NTEE Code A25
NTEE Classification Arts Education
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
(45) Student operated business
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1987
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2012
  • August, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$82,144 4.30% Wendy Van President

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Lincoln Public Schools (NE) 81.61 three stars
Grand Island Public Schools Foundation (NE) 93.98 four stars
Association of Graduates of the United States Air Force Academy (CO) 95.45 four stars
Rosenberg Fund for Children (MA) 91.81 four stars
Palo Alto Partners in Education (CA) 89.61 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Foundation for Lincoln Public Schools
5905 O Street
Lincoln, NE 68510
tel: (402) 436-1612
EIN: 36-3490560

Visit Web Site

Board Leadership

Jackie Ostrowicki
Chair

CEO

Wendy Van
President

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