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Education : Scholarship and Financial Support

Foundation for Lincoln Public Schools

Inspiring Possibilities

80.07

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

Board Leadership
Bruce Mieth
Chair

CEO
Wendy Van
President

Charity Navigator

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  Score
(out of 100) 		Rating
Overall Score & Rating 80.07
  Financial 89.14
  Accountability & Transparency 74.00
This rating was published 03/01/2022 and includes data from FY2020, the most recent 990 received at that time.
Why isn't this based on more recent data?

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.

Learn more about how we calculate the overall score and rating.

Financial

89.14

Accountability & Transparency

74.00

This rating was published 03/01/2022 and includes data from FY2020, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 82.0%
  Administrative Expenses 13.5%
  Fundraising Expenses 4.3%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 5.78
  Program Expenses Growth -3.1%
  Liabilities to Assets 2.0%
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.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Lincoln Public Schools (NE) 80.07
JELF - Jewish Educational Loan Fund (GA) 92.19
Americans for Ben-Gurion University (NY) 94.49
USMMA Alumni Association and Foundation (NY) 92.74
Association of Graduates of the United States Air Force Academy (CO) 95.34

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,804,789
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $141,570
Total Contributions $3,946,359
   Program Service Revenue $0
Total Primary Revenue $3,946,359
   Other Revenue $814,115
TOTAL REVENUE $4,760,474
   
EXPENSES  
   Program Expenses $1,460,917
   Administrative Expenses $283,493
   Fundraising Expenses $105,026
TOTAL FUNCTIONAL EXPENSES $1,849,436
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,911,038
   
Net Assets $14,602,572

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
Priority Projects $1,203,064 82.3%
Spark Summer Learning Program $130,263 8.9%
First-Generation Students Support $127,590 8.7%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2020-08 03/01/2022 80.07
2019-08 02/01/2021 81.44
2018-08 12/01/2019 81.22
2017-08 02/01/2019 81.61
2016-08 03/01/2018 80.96
2015-08 03/01/2017 81.49
2014-08 06/01/2016 80.17
 
CN 2.0
2014-08 08/01/2015 79.01
2012-08 08/01/2013 84.69
2012-08 06/01/2013 83.91

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, 2017
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2012
Compensation % of Expenses Paid to Title
$96,900 5.23% Wendy Van Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Lincoln Public Schools (NE) 80.07
American Friends of the Hebrew University (NY) 91.73
Association of Graduates of the United States Air Force Academy (CO) 95.34
Mark Wahlberg Youth Foundation (MA) 89.79
Schoolseed Foundation (TN) 87.07

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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

Bruce Mieth
Chair

CEO

Wendy Van
President

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