Form 990 for tax year 2024
Filed by LINDSAY EDUCATIONAL FOUNDATION FOR LEARNING.
Totals
- Total revenue
- $939,618
- Total expenses
- $640,950
- Contributions and grants received
- $205,506
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $692,933
- Other revenue
- $41,179
- Total assets, end of year
- $10,188,907
- Total liabilities, end of year
- $1
- Net assets or fund balances, end of year
- $10,188,906
- Program services expenses (Part IX)
- $310,872
- Management and general expenses
- $330,078
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $310,872
Program services were 48.5% 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.
-
1f · All other contributions, gifts and grants
$205,506
-
3 · Investment income
total $648,284 · related or exempt $648,284
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $350,000
-
7b · Less cost or other basis and sales expenses
securities $305,351
-
7c · Gain or loss
securities $44,649
-
7d · Net gain or loss
total $44,649 · related or exempt $44,649
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: BOOK ROYALTY
total $729 · related or exempt $729
-
11b · Other revenue: PBS VISITS
total $40,450 · related or exempt $40,450
-
11e · Other revenue, total
$41,179
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $212,324 · management and general $212,324
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $16,593 · management and general $16,593
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $31,539 · management and general $31,539
-
13 · Office expenses
total $5,922 · management and general $5,922
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $21,234 · management and general $21,234
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,181 · management and general $2,181
-
24a · Other expenses: SCHOLARSHIPS PAID
total $305,250 · program services $305,250
-
24b · Other expenses: PROFESSIONAL FEES
total $25,603 · management and general $25,603
-
24c · Other expenses: MISCELLANEOUS
total $14,582 · management and general $14,582
-
24d · Other expenses: COLLEGE SUCCESS PROGRAM
total $5,622 · program services $5,622
-
24e · All other expenses
total $100 · management and general $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,606 · end of year $15,343
-
2 · Savings and temporary cash investments
beginning of year $371,602 · end of year $333,334
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $9,066,748 · end of year $9,840,230
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
25 · Other liabilities
end of year $1
-
27 · Net assets without donor restrictions
beginning of year $9,447,956 · end of year $10,188,906
Mission and programs · 2024
Mission
TO SUPPORT LINDSAY LEARNERS AND TRANSFORM THEIR LIVES, EXCLUSIVELY THROUGH EDUCATIONAL AND CHARITABLE PURPOSES.
-
PROVIDING LINDSAY GRADUATES WITH COLLEGE SCHOLARSHIPS FOR THEIR FIRST YEAR OF COLLEGE.
Expenses $305,250
-
GIVING LINDSAY GRADUATES COLLEGE SUCCESSS BACKPACKS.
Expenses $5,622
As filed on the 2024 return.
Listed in Part VII
-
EMMANUEL SANCHEZ
EXECUTIVE DIRECTOR
- Total calculated
- $138,011
- From this org
- $138,011
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
VAHNN BLUE
Director
- Total calculated
- $0
- Hours/week
- 1
-
TOM ROONEY
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
JEFF MUNTER
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTINE MCJUNKIN
Director
- Total calculated
- $0
- Hours/week
- 1
-
ANA BENITEZ
Secretary
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202542889349303309
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