BETA

LAST MILE EDUCATION FUND: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LAST MILE EDUCATION FUND (EIN 88-0762233)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-02-29
IRS object ID
202400609349300905
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-02-29T09:48:19-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN264022510PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HARRIS & CO PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11120 S RACKHAM WAY SUITE 100AddressLine1Txt
CityMERIDIANCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83642ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN880762233EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAST MILE EDUCATION FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLASTBusinessNameControlTxt
Phone7208814001PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12770 ARAPAHOE RDAddressLine1Txt
CityLAFAYETTECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80026ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRUTHE FARMERPersonNm
Person TitleCEOPersonTitleTxt
Phone7208814001PhoneNum
Signature2024-02-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRUTHEPersonFirstNm
Person LastFARMERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRYCE MORRISONPreparerPersonNm
PTINP02154746PTIN
Phone2083338965PhoneNum
Preparation2024-02-26PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRUTHE FARMERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12770 ARAPAHOE RDAddressLine1Txt
CityLAFAYETTECityNm
State AbbreviationCOStateAbbreviationCd
ZIP80026ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,402,718GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.LASTMILE-ED.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateCOLegalDomicileStateCd
Activity Or MissionLAST MILE EDUCATION FUND OFFERS A DISRUPTIVE APPROACH TO INCREASING DIVERSITY IN TECHNOLOGY AND ENGINEERING FIELDS BY ADDRESSING CRITICAL GAPS IN FINANCIAL SUPPORT FOR LOW-INCOME UNDERREPRESENTED STUDENTS WITHIN FOUR SEMESTERS OF GRADUATION.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,784,692PYContributionsGrantsAmt
CY Contributions Grants$21,331,546CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$71,172CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,784,692PYTotalRevenueAmt
CY Total Revenue$21,402,718CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,992,940CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$773,506CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$65,357CYTotalFundraisingExpenseAmt
PY Other Expenses$75,288PYOtherExpensesAmt
CY Other Expenses$473,173CYOtherExpensesAmt
PY Total Expenses$75,288PYTotalExpensesAmt
CY Total Expenses$4,239,619CYTotalExpensesAmt
PY Revenues Less Expenses$1,709,404PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$17,163,099CYRevenuesLessExpensesAmt
Total Assets BOY$1,781,127TotalAssetsBOYAmt
Total Assets EOY$18,931,680TotalAssetsEOYAmt
Total Liabilities BOY$71,723TotalLiabilitiesBOYAmt
Total Liabilities EOY$59,177TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,709,404NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,872,503NetAssetsOrFundBalancesEOYAmt
MissionLAST MILE EDUCATION FUND OFFERS A DISRUPTIVE APPROACH TO INCREASING DIVERSITY IN TECHNOLOGY AND ENGINEERING FIELDS BY ADDRESSING CRITICAL GAPS IN FINANCIAL SUPPORT FOR LOW-INCOME UNDERREPRESENTED STUDENTS WITHIN FOUR SEMESTERS OF GRADUATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,790,538ExpenseAmt
Grant$2,992,940GrantAmt
DescGRANTS FINANCIAL SUPPORT TO UNDERGRADUATES WHO DEMONSTRATE LOW-INCOME STATUS, ARE EXPERIENCING A FINANCIAL OBSTACLE, ARE CURRENTLY IN PURSUIT OF A COMPUTING-RELATED DEGREE, ARE AT AN ACCREDITED FOUR-YEAR INSTITUTION OF HIGHER EDUCATION IN THE U.S., AND TYPICALLY ARE WITHIN FOUR SEMESTERS OF DEGREE COMPLETION.Desc
Total Program Service Expenses$3,790,538TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document58IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUND ADVICE CONSULTING SERVICES LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7208814001PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line144 COOK STREET SUITE 100AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80206ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RUTHE FARMER
PRESIDENT / CEO40.00Yes (X)Yes (X)$7,134$0$0
CRISTINA LOPEZ
TREASURER40.00Yes (X)Yes (X)$6,251$0$0
MARGARET FERRON
SECRETARY40.00Yes (X)Yes (X)$3,465$0$0
RIAN WALKER
BOARD MEMBER1.00Yes (X)$0$0$0
SARAH LEE
BOARD MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$16,850TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$21,331,546AllOtherContributionsAmt
Noncash Contributions$173,247NoncashContributionsAmt
Total Contributions$21,331,546TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$71,172TotalRevenueColumnAmt
Exclusion$71,172ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,402,718TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$71,172ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,992,940TotalAmt
Program Services$2,992,940ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$298,831TotalAmt
Program Services$203,647ProgramServicesAmt
Management And General$72,675ManagementAndGeneralAmt
Fundraising$22,509FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$349,658TotalAmt
Program Services$245,558ProgramServicesAmt
Management And General$78,073ManagementAndGeneralAmt
Fundraising$26,027FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$14,241TotalAmt
Program Services$7,303ProgramServicesAmt
Management And General$5,736ManagementAndGeneralAmt
Fundraising$1,202FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$61,400TotalAmt
Program Services$34,235ProgramServicesAmt
Management And General$22,277ManagementAndGeneralAmt
Fundraising$4,888FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$49,376TotalAmt
Program Services$31,790ProgramServicesAmt
Management And General$13,906ManagementAndGeneralAmt
Fundraising$3,680FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$30,686TotalAmt
Management And General$30,686ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$18,858TotalAmt
Program Services$15,841ProgramServicesAmt
Management And General$3,017ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$96,822TotalAmt
Program Services$16,591ProgramServicesAmt
Management And General$80,231ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$119,643TotalAmt
Program Services$107,714ProgramServicesAmt
Management And General$11,929ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,081TotalAmt
Program Services$9,094ProgramServicesAmt
Management And General$698ManagementAndGeneralAmt
Fundraising$289FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$55,190TotalAmt
Program Services$28,205ProgramServicesAmt
Management And General$26,072ManagementAndGeneralAmt
Fundraising$913FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$73,687TotalAmt
Program Services$68,315ProgramServicesAmt
Management And General$5,372ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$61,787TotalAmt
Program Services$27,895ProgramServicesAmt
Management And General$28,098ManagementAndGeneralAmt
Fundraising$5,794FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHERDesc
Total$6,419TotalAmt
Program Services$1,410ProgramServicesAmt
Management And General$4,954ManagementAndGeneralAmt
Fundraising$55FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,239,619TotalAmt
Program Services$3,790,538ProgramServicesAmt
Management And General$383,724ManagementAndGeneralAmt
Fundraising$65,357FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$62,952BOYAmt
EOY$283,381EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$7,087,914EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,718,175BOYAmt
EOY$11,513,607EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$46,778EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,781,127BOYAmt
EOY$18,931,680EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$71,723BOYAmt
EOY$59,177EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$71,723BOYAmt
EOY$59,177EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$280,992BOYAmt
EOY$2,184,382EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,428,412BOYAmt
EOY$16,688,121EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,709,404BOYAmt
EOY$18,872,503EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,781,127BOYAmt
EOY$18,931,680EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$17,163,099ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,784,692CurrentTaxYearMinus1YearAmt
Current Tax Year$21,331,546CurrentTaxYearAmt
Total$23,116,238TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,784,692CurrentTaxYearMinus1YearAmt
Current Tax Year$21,331,546CurrentTaxYearAmt
Total$23,116,238TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$13,690,710SubstantialContributorsTotAmt
Public Support Total170$9,425,528PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$71,172CurrentTaxYearAmt
Total$71,172TotalAmt
FieldValueIRS element (for citing)
Total Support$23,187,410TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$21,402,718TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$21,402,718RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,402,718TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,239,619TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,239,619ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,239,619TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THAT POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2023. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2019ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS AND OTHER ASSISTANCEGrantTypeTxt
Recipient3616RecipientCnt
Cash Grant$2,844,636CashGrantAmt
Non Cash Assistance$148,304NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceTHE LAST MILE EDUCATION FUND RECEIVED 496 REDEEMABLE CODES FOR LINKEDIN PREMIUM TO BE DISTRIBUTED TO STUDENTS, VALUED AT $299 PER CODE, TOTALING $148,304. ALL CODES WERE DISTRIBUTED TO STUDENTS DURING FY23. THE NUMBER OF LICENSES PROVIDED AND THE INDIVIDUAL FAIR MARKET VALUE OF EACH LICENSE WAS CONFIRMED BY MICROSOFT.NonCashAssistanceDesc

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution94ContributionCnt
Noncash Contributions Rpt F990$24,943NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescLICENSE CODES FOR LINKEDIN PREMIUMDesc
Contribution496ContributionCnt
Noncash Contributions Rpt F990$148,304NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationNUMBER OF INDIVIDUAL SHARES OR LICENSESExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 AND QUARTERLY FINANCIALS ARE PRESENTED TO THE BOARD, WHERE THEY HAVE AN OPPORTUNITY TO REVIEW TRENDS AND ASK QUESTIONS.
FORM 990, PART VI, SECTION B, LINE 15WE CONSULTED WITH A FRACTIONAL HR CONSULTANT WHO BENCHMARKED LAST MILE'S JOB DESCRIPTIONS AGAINST SIMILAR ROLES WITHIN THE INDUSTRY AND CREATED SALARY BANDS FOR LAST MILE'S STAFF, INCLUDING THE OFFICERS AND MANAGERS.
FORM 990, PART VI, SECTION C, LINE 19OUR GRANTMAKING POLICIES AND ELIGIBILITY REQUIREMENTS ARE AVAILABLE ON OUR WEBSITE TO THE PUBLIC. OUR INTERNAL POLICIES ARE NOT CURRENTLY MADE AVAILABLE.

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