Skip to content
Nonprofiteer
← LAMAR SCHOOL FOUNDATION

Form 990 for tax year 2024

Filed by LAMAR SCHOOL FOUNDATION.

Totals

Total revenue
$7,087,672
Total expenses
$6,664,438
Contributions and grants received
$171,692
Grants paid
$0
Program service revenue
$6,367,523
Investment income
$30,714
Other revenue
$517,743
Total assets, end of year
$11,743,433
Total liabilities, end of year
$672,665
Net assets or fund balances, end of year
$11,070,768
Program services expenses (Part IX)
$6,034,016
Management and general expenses
$630,422
Fundraising expenses
$0
Program service expenses (Part III)
$6,034,016

Program services were 90.5% 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

    $171,692

  • 2a · Program service revenue: TUITION REVENUE

    total $5,252,248 · related or exempt $5,252,248

  • 2b · Program service revenue: FOOD SERVICE

    total $372,635 · related or exempt $372,635

  • 2c · Program service revenue: REGISTRATION FEES

    total $222,474 · related or exempt $222,474

  • 2d · Program service revenue: FIELD TRIP REVENUE

    total $211,182 · related or exempt $211,182

  • 2e · Program service revenue: TECHNOLOGY

    total $138,382 · related or exempt $138,382

  • 2f · All other program service revenue

    total $170,602 · related or exempt $170,602

  • 3 · Investment income

    total $30,714 · related or exempt $30,714

  • 6b · Less rental expenses

    real property $7,450

  • 6c · Rental income or loss

    real property -$7,450

  • 6d · Net rental income or loss

    total -$7,450 · unrelated business -$7,450

  • 8a · Fundraising events: gross income

    $321,670

  • 8b · Fundraising events: direct expenses

    $210,956

  • 8c · Net income from fundraising events

    total $110,714 · excluded $110,714

  • 11a · Other revenue: TEMP RESTRICTED REVENU

    total $397,106 · related or exempt $397,106

  • 11b · Other revenue: MISC INCOME

    total $17,373 · related or exempt $17,373

  • 11e · Other revenue, total

    $414,479

Functional expenses

Part IX, the statement of functional expenses.

  • 6 · Compensation of disqualified persons

    total $3,354,007 · program services $3,018,606 · management and general $335,401

  • 8 · Pension plan contributions

    total $76,082 · program services $68,474 · management and general $7,608

  • 10 · Payroll taxes

    total $242,366 · program services $218,129 · management and general $24,237

  • 11b · Fees: legal

    total $7,505 · management and general $7,505

  • 11c · Fees: accounting

    total $18,100 · management and general $18,100

  • 11g · Fees: other

    total $638,841 · program services $633,560 · management and general $5,281

  • 12 · Advertising and promotion

    total $8,885 · program services $7,996 · management and general $889

  • 13 · Office expenses

    total $87,668 · program services $78,900 · management and general $8,768

  • 14 · Information technology

    total $108,120 · program services $97,308 · management and general $10,812

  • 17 · Travel

    total $45,185 · program services $40,667 · management and general $4,518

  • 20 · Interest

    total $12,112 · management and general $12,112

  • 22 · Depreciation, depletion and amortization

    total $456,327 · program services $456,327

  • 23 · Insurance

    total $138,516 · management and general $138,516

  • 24a · Other expenses: STUDENT ACTIVITY

    total $542,518 · program services $542,518

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $285,776 · program services $257,199 · management and general $28,577

  • 24c · Other expenses: UTILITIES

    total $251,499 · program services $226,349 · management and general $25,150

  • 24d · Other expenses: ATHLETIC ACTIVITIES

    total $200,874 · program services $200,874

  • 24e · All other expenses

    total $190,057 · program services $187,109 · management and general $2,948

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,130,166 · end of year $1,186,488

  • 2 · Savings and temporary cash investments

    beginning of year $872,233 · end of year $698,888

  • 4 · Accounts receivable

    beginning of year $1,316,784 · end of year $1,349,662

  • 8 · Inventories for sale or use

    beginning of year $17,462 · end of year $16,335

  • 9 · Prepaid expenses and deferred charges

    beginning of year $20,780 · end of year $29,736

  • 10a · Land, buildings and equipment: cost or other basis

    $15,425,641

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,761,857

  • 10c · Land, buildings and equipment, net

    beginning of year $6,931,533 · end of year $7,663,784

  • 11 · Investments: publicly traded securities

    beginning of year $628,295 · end of year $685,514

  • 15 · Other assets

    beginning of year $103,026 · end of year $113,026

  • 17 · Accounts payable and accrued expenses

    beginning of year $95,617 · end of year $84,973

  • 19 · Deferred revenue

    beginning of year $215,404 · end of year $159,788

  • 23 · Secured mortgages and notes payable

    beginning of year $61,724 · end of year $427,904

  • 27 · Net assets without donor restrictions

    beginning of year $9,601,212 · end of year $9,920,470

  • 28 · Net assets with donor restrictions

    beginning of year $1,046,322 · end of year $1,150,298

Mission and programs · 2024

Mission

TO PROVIDE A CHALLENGING AND STIMULATING CURRICULUM FOR COLLEGE-BOUND STUDENTS IN ORDER TO MAXIMIZE THE TOTAL DEVELOPMENT OF THE STUDENT

Activities or mission (Part I)

TO PROVIDE A CHALLENGING AND STIMULATING CURRICULUM FOR COLLEGE-BOUND STUDENTS

  • THE ADVANCEMENT OF STUDENTS FROM PRE-KINDERGARDEN TO COLLEGE ENTRANCE

    Expenses $6,034,016 · Revenue $6,812,716

As filed on the 2024 return.

Listed in Part VII

  • ANTHONY PRITCHARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • JEREMY HILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • JJ ANDERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • MATT CASSELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • CHRIS NEWLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    15

  • BRANDON DUNN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • ISA HALL

    SECRETARY

    Total calculated
    $0
    Hours/week
    15

  • DREW MOFFETT

    TREASURER

    Total calculated
    $0
    Hours/week
    15

  • PAULA MORGAN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    15

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
23 January 2026
IRS schema version
2024v5.5
Source object
202640359349300619

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.