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Lean On Me Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832644942 ✦ Livington, MT ✦ Designated as a 501(c)(3)

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Overview

What is Lean On Me Foundation?

The Lean On Me Foundation is a nonprofit organization situated in Livington, Montana, a rural area near Yellowstone National Park. Historically, the city hosted a three-day summer festival called "Summerfest," which raised funds for local parks and youth programs. The event featured renowned musicians, local bands, high school reunions, and various craft and food vendors, drawing tourists and boosting downtown spending. However, the city suspended support for the program due to rising costs and decreasing attendance. In response, the Lean On Me Foundation was established to revitalize the event. In its inaugural year of 2019, the event was held as a one-day program. The organization raises funds through local sponsorships and public donations, with the potential to expand the event back to a full weekend in future years.

Is Lean On Me Foundation legitimate?

Lean On Me Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lean On Me 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: $0

For more financial information, click here

What is the mission statement of Lean On Me Foundation?

The Lean On Me Foundation aims to revitalize a former annual summer event, known as Summerfest, which historically raised funds for local parks and youth programs. This event featured renowned national musicians, local bands, high school reunions, and craft and food vendors, attracting tourists and boosting spending in the downtown area. Due to increased costs and decreasing attendance, the city suspended its support for this event several years ago. The organization was formed with the intention of reviving Summerfest. In its inaugural year in 2019, the event was a one-day program, but there's potential for expansion to a longer duration in future years. Funds for the foundation are raised through local sponsorships and donations from the public.

Who is the CEO of Lean On Me Foundation?

Teresa Soule is the Secretary/Tr of Lean On Me Foundation.

What is the revenue of Lean On Me Foundation?

Lean On Me Foundation's revenue in 2022 was $16,348.

Who are the executives of Lean On Me Foundation and what are their salaries?


Here are 2 key members and their salaries:


Cory Soule (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Soule (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lean On Me Foundation?

Lean On Me Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lean On Me Foundation

The Lean On Me Foundation, established with the aim to revitalize a historic annual event, seeks to revive a former three-day summer festival that once attracted national touring musicians, local bands, and numerous craft and food vendors. Historically, this event, known as Summerfest, served as a significant draw for tourism and spending in the downtown area, providing funds for the city's parks and youth programs. However, citing increased costs and declining attendance, the city suspended its support for this event several years ago. The Lean On Me Foundation was established to revive this event, and in its inaugural year in 2019, it was reintroduced as a one-day program. With potential for future expansion, the foundation raises funds through local sponsorships and public donations to support the event. The goal of the Lean On Me Foundation is to rejuvenate this community event, which had a significant impact on the city's economy and community spirit.

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Impact




August, 2024

The Lean On Me Foundation has had a significant impact on the community of Livingston, Montana. By revitalizing the annual "Summerfest" event, the foundation has provided crucial support for the city's parks and youth programs. This event, which historically included major national musicians and drew in tourism and spending in the downtown area, had been suspended due to increased costs and declining attendance. Through local sponsorships and public donations, the foundation has been able to bring back this important community event, benefiting both the local economy and the well-being of Livingston residents.




This information is meant to be a general summary of Lean On Me 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.

Revenue
$16,348 (2022)
Expenses
$15,952 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $171
  • Gross Receipts: $16,348

Assets and Liabilities:

  • Total Assets: $5,738
  • Total Liabilities: $0
  • Net Assets: $5,738

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MERCHANDISE SALES

Revenue

$171

Organization Details

Founding Year

2018

Principal Officer

Teresa Soule

Main Address

PO BOX 2082, LIVINGTON, MT, 59047

NTEE Category

Code: N30 - Recreation

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