Overview
What is Lebanon Education Foundation?
The Lebanon Education Foundation is a nonprofit organization situated in Lebanon, Missouri. Their primary mission is to raise funds through the operation of a local license bureau, which are then allocated as grants to support educational projects within the Lebanon area schools. The goal is to enhance students' achievements by providing classroom materials and equipment. With a small team of 11 dedicated individuals, the foundation plays an integral role in boosting the educational resources available to students in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Lebanon Education Foundation has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. This rating is solely based on its Accountability & Finance score, which stands at 80%. A high score reflects the organization's commitment to transparency and responsible financial management.
The foundation boasts an entirely independent board comprised of 12 members, which contributes to its strong governance practices. Significant highlights include a perfect score in several areas, such as the absence of material diversion of assets and a favorable liabilities to assets ratio of only 0.16%. Moreover, the foundation's program expense ratio is impressive at 100%, suggesting that all funds are directed toward its educational initiatives.
While the overall rating is commendable, the score reflects limited metrics, relying exclusively on the Accountability & Finance beacon. Additional insights into its programmatic effectiveness and impact might provide a more comprehensive view of the organization’s overall performance and results.
This AI summary has been generated from information found on Charity Navigator.
Is Lebanon Education Foundation legitimate?
Lebanon Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lebanon Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,997
For more financial information, click here
What is the mission statement of Lebanon Education Foundation?
The Lebanon Education Foundation's primary mission is to award grants for essential classroom materials and equipment. This initiative is designed to enhance learning experiences and boost student achievements in local schools. The foundation operates a local license bureau, leveraging this platform to raise funds for these educational grants. By providing necessary resources, the foundation aims to foster a conducive learning environment and support the overall academic growth of students.
Who is the CEO of Lebanon Education Foundation?
Debbie Moore is the President of Lebanon Education Foundation.
What is the revenue of Lebanon Education Foundation?
Lebanon Education Foundation's revenue in 2023 was $461,307.
Who are the executives of Lebanon Education Foundation and what are their salaries?
The average compensation at Lebanon Education Foundation during 2023 was $20,545. There are 11 employees at Lebanon Education Foundation.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Lebanon Education Foundation?
Lebanon Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lebanon Education Foundation
The Lebanon Education Foundation, as its name suggests, is dedicated to awarding grants for essential classroom materials and equipment. This nonprofit organization's mission is to enhance the learning experience of students by providing the necessary resources. To fund these grants, the foundation operates a local license bureau. This innovative approach allows the Lebanon Education Foundation to generate funds, which are then directed towards projects aimed at boosting student achievements in the Lebanon area schools.
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Impact
July, 2024
Lebanon Education Foundation's impact is significant in providing grants for classroom materials and equipment to Lebanon area schools. By operating a local license bureau to raise funds, the foundation supports projects that aim to increase student achievements. This direct support through grants has a tangible and immediate impact on the learning environment and resources available to students and educators in the Lebanon community.
This information is meant to be a general summary of Lebanon Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,715
- Program Service Revenue: $458,592
- Gross Receipts: $461,307
Assets and Liabilities:
- Total Assets: $1,282,548
- Total Liabilities: $5,316
- Net Assets: $1,277,232
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSE BUREAU
Revenue
$458,592
Organization Details
Founding Year
1992
Principal Officer
Debbie Moore
Main Address
PO BOX 1422, LEBANON, MO, 65536
NTEE Category
Code: B20I - Education
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