Overview
What is Lewisville Education Foundation Inc?
Lewisville Education Foundation Inc is a nonprofit organization situated in Lewisville, Texas. Its primary mission is to enhance the quality of education in the thirteen communities served by the Lewisville Independent School District. They achieve this by securing private funding, benefiting both teachers and students within the district. The foundation, with a team of four dedicated individuals, provides financial support through scholarships, grants, and awards. These funds assist LISD students in covering tuition, book purchases, housing expenses, and other education-related needs, as demonstrated by the 410 scholarships awarded in the past.
Official website here: www.lisdef.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Stars
The Lewisville Education Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial transparency. The overall score is based entirely on its accountability and finance practices, reflecting the organization's commitment to responsible management of its resources and adherence to best practices in governance.
Key strengths of the foundation include a fully independent board with 20 members, a perfect score for its audited financial statements, and robust policies regarding conflict of interest, whistleblower protections, and document retention. Additionally, the organization maintains a favorable liabilities to assets ratio of 0.00%, suggesting strong financial health. The foundation allocates a significant portion of its budget—67.81%—towards program expenses, underscoring its focus on fulfilling its mission.
While the organization demonstrates numerous strengths, the program expense ratio, while solid, indicates that there may be areas for improvement in allocating funds even more efficiently towards direct programming. Overall, the Lewisville Education Foundation Inc exhibits strong governance and financial responsibility, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lewisville Education Foundation Inc?
Four users have shared their thoughts about the Lewisville Education Foundation Inc on Facebook, and the sentiments are clearly positive. One reviewer highlighted the foundation's impactful contributions, emphasizing their support for both students and teachers within the Lewisville Independent School District (LISD).
Overall, the feedback suggests that the nonprofit is successfully fulfilling its mission to enhance the educational experience for its community. The general sentiment reflects appreciation for the foundation's efforts, indicating a strong support for the work they do. This bodes well for the organization's reputation among local residents.
This AI summary has been generated from reviews found on Facebook.
Is Lewisville Education Foundation Inc legitimate?
Lewisville Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lewisville Education Foundation Inc 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: $130,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,680
For more financial information, click here
Official website here: www.lisdef.com
What is the mission statement of Lewisville Education Foundation Inc?
The Lewisville Education Foundation Inc, a non-profit organization, is committed to enhancing the quality of public education within thirteen communities. It serves as a platform for securing private funding, primarily benefiting teachers and students in the Lewisville Independent School District. The foundation achieves this mission by accepting and maintaining cash donations from individuals and organizations. Subsequently, it awards scholarships, grants, and accolades to further support the educational journey of the district's teachers and students.
Official website here: www.lisdef.com
Who is the CEO of Lewisville Education Foundation Inc?
Randy Canivel is the Board Member of Lewisville Education Foundation Inc.
Official website here: www.lisdef.com
What is the revenue of Lewisville Education Foundation Inc?
Lewisville Education Foundation Inc's revenue in 2022 was $1,370,725.
Official website here: www.lisdef.com
Who are the executives of Lewisville Education Foundation Inc and what are their salaries?
The average compensation at Lewisville Education Foundation Inc during 2022 was $61,574. There are 4 employees and 300 volunteers at Lewisville Education Foundation Inc.
Here are 35 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $130,615
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lisdef.com
Where can I find the form 990 for Lewisville Education Foundation Inc?
Lewisville Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lisdef.com
Learn more at the official website: www.lisdef.com
Mission Statement of Lewisville Education Foundation Inc
The Lewisville Education Foundation Inc, a nonprofit organization, is committed to enhancing the quality of public education in the thirteen communities served by the Lewisville Independent School District. It achieves this mission by serving as a platform for securing private funding, which in turn benefits teachers and students within the district. The foundation accomplishes its purpose by receiving and managing cash donations from individuals and organizations. These funds are then utilized to award scholarships, grants, and awards to teachers and students, thereby providing them with additional resources and opportunities to excel in their educational pursuits.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Lewisville Education Foundation Inc's impact is significant in enriching the quality of public education in the thirteen communities served by the Lewisville Independent School District. This organization serves as a vital vehicle for securing private funding that directly benefits LISD teachers and students. Through the foundation's efforts, 410 scholarships were awarded to LISD students, enabling them to pay for tuition, books, housing, and other needs related to higher education. By providing financial support to teachers and students, the Lewisville Education Foundation plays a crucial role in enhancing educational opportunities and outcomes within the community.
This information is meant to be a general summary of Lewisville Education Foundation Inc. 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 2022.
- Investment Income: $367,508
- Gross Receipts: $2,867,064
Assets and Liabilities:
- Total Assets: $5,112,635
- Total Liabilities: $0
- Net Assets: $5,112,635
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1990
Phone
(469) 948-2022Principal Officer
Randy Canivel
Main Address
1565 C WEST MAIN STREET, LEWISVILLE, TX, 75067
Website
www.lisdef.comNTEE Category
Code: B82Z - Education
If you are a representative of Lewisville Education Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.