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Nonprofiteer
← FRIENDS OF LANE

Form 990 for tax year 2022

Filed by FRIENDS OF LANE.

Totals

Total revenue
$612,565
Total expenses
$484,652
Contributions and grants received
$410,728
Grants paid
$472,088
Program service revenue
$0
Investment income
$55
Other revenue
$201,782
Total assets, end of year
$1,049,429
Total liabilities, end of year
$134
Net assets or fund balances, end of year
$1,049,295
Program services expenses (Part IX)
$472,088
Management and general expenses
$12,564
Fundraising expenses
$0
Program service expenses (Part III)
$472,088

Program services were 97.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $60,897

  • 1f · All other contributions, gifts and grants

    $349,831

  • 3 · Investment income

    total $55 · related or exempt $55

  • 8a · Fundraising events: gross income

    $501,790

  • 8a · Fundraising events: contributions included on line 1c

    $60,897

  • 8b · Fundraising events: direct expenses

    $300,008

  • 8c · Net income from fundraising events

    total $201,782 · excluded $201,782

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $472,088 · program services $472,088

  • 11c · Fees: accounting

    total $5,800 · management and general $5,800

  • 23 · Insurance

    total $689 · management and general $689

  • 24a · Other expenses: Administrative

    total $6,075 · management and general $6,075

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $824,285 · end of year $907,703

  • 8 · Inventories for sale or use

    beginning of year $97,097 · end of year $141,726

  • 17 · Accounts payable and accrued expenses

    end of year $134

  • 27 · Net assets without donor restrictions

    beginning of year $921,382 · end of year $1,049,295

Mission and programs · 2022

Mission

Our goal is to build community and support Lane Tech parents, teachers, students, administrators, and staff.

  • Raise funds for the school to pay expenses that exceed the school's operating budget.

    Expenses $472,088 · Grants $472,088

As filed on the 2022 return.

Listed in Part VII

  • Rachel Ferrell

    Board member At Large

    Total calculated
    $0
    Hours/week
    5
  • Jacque Patterson

    Board member At Large

    Total calculated
    $0
    Hours/week
    5
  • Pam Valenta

    Board member At Large

    Total calculated
    $0
    Hours/week
    5
  • Janika Brenner

    Board member At Large

    Total calculated
    $0
    Hours/week
    5
  • Janelle Reynolds

    Former Vice President

    Total calculated
    $0
    Hours/week
    10
  • Nikki Pesch

    President

    Total calculated
    $0
    Hours/week
    10
  • Deb Shelist

    Former Secretary

    Total calculated
    $0
    Hours/week
    10
  • Susie Hauser

    Treasurer

    Total calculated
    $0
    Hours/week
    10
  • Ha Truong

    Secretary/Technology

    Total calculated
    $0
    Hours/week
    10
  • Dana Burdenski

    Secretary

    Total calculated
    $0
    Hours/week
    5
  • Lisa Applebaum

    Vice President

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • Lane Tech High School

    $472,088

    Build community and support Lane Tech parents, teachers, students, administrators, and staff

Provenance

Return type
form_990
Tax year
2022
Filed
16 May 2024
IRS schema version
2022v5.0
Source object
202401389349300000

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