FOUNDATION FOR LINCOLN PUBLIC SCHOOLS: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR LINCOLN PUBLIC SCHOOLS (EIN 36-3490560)
Tax period
2019-09-01 to 2020-08-31
Filed
2021-03-30
IRS object ID
202120899349301252
Schema version
2019v5.0
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)
Return2021-03-30T11:33:31-05:00ReturnTs
Tax Period End2020-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN470350235PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BUCKLEY & SITZMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14240 PIONEER WOODS DRAddressLine1Txt
CityLINCOLNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP685065278ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363490560EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATION FOR LINCOLN PUBLICBusinessNameLine1Txt
Business Name Line2SCHOOLSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone4024361612PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 82889AddressLine1Txt
CityLINCOLNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68501ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWENDY VANPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4024361612PhoneNum
Signature2021-03-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLESTER F BUCKLEY CPAPreparerPersonNm
PTINP00765948PTIN
Phone4024847676PhoneNum
Preparation2021-03-30PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWENDY VANPrincipalOfficerNm
Gross Receipts$8,135,773GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FOUNDATIONFORLPS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1989FormationYr
Legal Domicile StateNELegalDomicileStateCd
Activity Or Mission"THE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS BELIEVES THAT ALL STUDENTS SHOULD HAVE WHAT THEY NEED TO REACH THEIR FULL POTENTIAL. WE ENGAGE OUR COMMUNITY TO INSPIRE STUDENTS AND EDUCATORS, AND CREATE EDUCATIONAL OPPORTUNITIES THAT ENHANCE ACADEMIC AND PERSONAL SUCCESS."ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,803,400PYContributionsGrantsAmt
CY Contributions Grants$3,946,359CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$347,267PYInvestmentIncomeAmt
CY Investment Income$641,906CYInvestmentIncomeAmt
PY Other Revenue$32,972PYOtherRevenueAmt
CY Other Revenue$172,209CYOtherRevenueAmt
PY Total Revenue$2,183,639PYTotalRevenueAmt
CY Total Revenue$4,760,474CYTotalRevenueAmt
PY Grants And Similar Paid$1,224,703PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$969,177CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$565,575PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$575,765CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$105,026CYTotalFundraisingExpenseAmt
PY Other Expenses$295,627PYOtherExpensesAmt
CY Other Expenses$304,494CYOtherExpensesAmt
PY Total Expenses$2,085,905PYTotalExpensesAmt
CY Total Expenses$1,849,436CYTotalExpensesAmt
PY Revenues Less Expenses$97,734PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,911,038CYRevenuesLessExpensesAmt
Total Assets BOY$11,596,769TotalAssetsBOYAmt
Total Assets EOY$14,908,063TotalAssetsEOYAmt
Total Liabilities BOY$193,781TotalLiabilitiesBOYAmt
Total Liabilities EOY$305,491TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,402,988NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,602,572NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Mission"THE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS BELIEVES THAT ALL STUDENTS SHOULD HAVE WHAT THEY NEED TO REACH THEIR FULL POTENTIAL. WE ENGAGE OUR COMMUNITY TO INSPIRE STUDENTS AND EDUCATORS, AND CREATE EDUCATIONAL OPPORTUNITIES THAT ENHANCE ACADEMIC AND PERSONAL SUCCESS."MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,203,064ExpenseAmt
Grant$823,798GrantAmt
DescPROGRAMS THAT ENHANCE THE LEARNING AT LINCOLN PUBLIC SCHOOLS BY PROVIDING ACCESS TO ALL STUDENTS OR ADDITIONAL OPPORTUNITIES FOR ANY STUDENT WHO WISHES TO EXPLORE THEIR PASSIONS. DISTRICT PRIORITY PROJECTS, POST- SECONDARY AND DUAL CREDIT SCHOLARSHIPS, TEACHER AWARDS AND CLASSROOM GRANTS ARE ALSO INCLUDED IN THIS WORK.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$130,263ExpenseAmt
Grant$20,909GrantAmt
DescIMPLEMENTATION, DEVELOPMENT AND SUPPORT OF THE SPARK SUMMER LEARNING PROGRAM IN LINCOLN, NEDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$127,590ExpenseAmt
Grant$124,470GrantAmt
DescDEVELOPMENT AND IMPLEMENTATION OF A PROGRAM TO SUPPORT MORE LOW-INCOME AND FIRST GENERATION STUDENTS TO GRADUATE FROM HIGH SCHOOL AND ATTEND POST- SECONDARY SCHOOL. IMPLEMENTATION AND SUPPORT OF PROGRAM TO DIRECTLY CONNECT DONORS TO CLASSROOM NEED OF STUDENTS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,460,917TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document39IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee25EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWENDY VANPersonNm
Phone4024361612PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 82889AddressLine1Txt
CityLINCOLNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68501ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
WENDY VAN
EXECUTIVE DI40.00Yes (X)$96,900$0$4,095
CHRISTINA BALL
DIRECTOR1.00$0$0$0Yes (X)
PATRICK BEANS
SECRETARY1.00Yes (X)$0$0$0Yes (X)
RITA BENNETT
DIRECTOR1.00$0$0$0Yes (X)
JARED CARLSON
DIRECTOR1.00$0$0$0Yes (X)
BRENT COMSTOCK
DIRECTOR1.00$0$0$0Yes (X)
JESSICA GREENWALD
DIRECTOR1.00$0$0$0Yes (X)
JON GROSS
DIRECTOR1.00$0$0$0Yes (X)
CATHY HEDSTROM
DIRECTOR1.00$0$0$0Yes (X)
STEPHEN C JOEL
DIRECTOR1.00$0$0$0Yes (X)
VALERIE JONES
DIRECTOR1.00$0$0$0Yes (X)
ANNE LOUDON
DIRECTOR1.00$0$0$0Yes (X)
BRUCE MIETH
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
BRITTA MUHLEISEN
DIRECTOR1.00$0$0$0Yes (X)
JOHN OLSSON
DIRECTOR1.00$0$0$0Yes (X)
JACKIE OSTROWICKI
DIRECTOR1.00$0$0$0Yes (X)
WALTER POWELL
DIRECTOR1.00$0$0$0Yes (X)
VANN PRICE
DIRECTOR1.00$0$0$0Yes (X)
BOB RAUNER
DIRECTOR1.00$0$0$0Yes (X)
STEVE SCHMIDT
TREASURER1.00Yes (X)$0$0$0Yes (X)
RUSS SEBEK
SECRETARY1.00Yes (X)$0$0$0Yes (X)
PIYUSH SRIVASTAV
CHAIR1.00Yes (X)$0$0$0Yes (X)
JIM TOWNSEND
IMMEDIATE PA1.00Yes (X)$0$0$0Yes (X)
NATALIE WIITA
DIRECTOR1.00$0$0$0Yes (X)
GINNY WOOD
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$96,900TotalReportableCompFromOrgAmt
Total Other Compensation$4,095TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$141,570GovernmentGrantsAmt
All Other Contributions$3,804,789AllOtherContributionsAmt
Noncash Contributions$681,475NoncashContributionsAmt
Total Contributions$3,946,359TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$217,022TotalRevenueColumnAmt
Exclusion$217,022ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,736,111SecuritiesAmt
Other$64,072OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,375,299SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$360,812SecuritiesAmt
Other$64,072OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$424,884TotalRevenueColumnAmt
Related Or Exempt Func Income$424,884RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescADMINISTRATIVE REVENUEDesc
Total Revenue Column$172,209TotalRevenueColumnAmt
Related Or Exempt Func Income$172,209RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$172,209OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,760,474TotalRevenueColumnAmt
Related Or Exempt Func Income$597,093RelatedOrExemptFuncIncomeAmt
Exclusion$217,022ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$670,177TotalAmt
Program Services$670,177ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$299,000TotalAmt
Program Services$299,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$100,994TotalAmt
Program Services$40,398ProgramServicesAmt
Management And General$30,298ManagementAndGeneralAmt
Fundraising$30,298FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$411,971TotalAmt
Program Services$345,359ProgramServicesAmt
Management And General$28,443ManagementAndGeneralAmt
Fundraising$38,169FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$14,983TotalAmt
Program Services$10,529ProgramServicesAmt
Management And General$2,057ManagementAndGeneralAmt
Fundraising$2,397FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$12,872TotalAmt
Program Services$9,045ProgramServicesAmt
Management And General$1,767ManagementAndGeneralAmt
Fundraising$2,060FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$34,945TotalAmt
Program Services$26,447ProgramServicesAmt
Management And General$3,924ManagementAndGeneralAmt
Fundraising$4,574FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$98,174TotalAmt
Management And General$98,174ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$37,936TotalAmt
Management And General$37,936ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,091TotalAmt
Program Services$10,091ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,500TotalAmt
Program Services$280ProgramServicesAmt
Management And General$14,220ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$16,025TotalAmt
Program Services$1,272ProgramServicesAmt
Management And General$14,753ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$585TotalAmt
Program Services$585ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,221TotalAmt
Program Services$3,741ProgramServicesAmt
Management And General$9,480ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$556TotalAmt
Program Services$53ProgramServicesAmt
Management And General$503ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$558TotalAmt
Management And General$558ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,863TotalAmt
Management And General$8,863ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
CONTRACTUAL SERVICES$39,206$39,206
OTHER PROGRAM ACTIVITIES$27,528$27,528
ONLINE MERCHANT FEES$17,321$4,397$12,924
SPECIAL EVENTS$9,995$9,995

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,935TotalAmt
Program Services$337ProgramServicesAmt
Management And General$9,598ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,849,436TotalAmt
Program Services$1,460,917ProgramServicesAmt
Management And General$283,493ManagementAndGeneralAmt
Fundraising$105,026FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,572,213BOYAmt
EOY$3,475,731EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$41,456BOYAmt
EOY$1,131,865EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$77,643BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$716,127LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$91,728LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$957BOYAmt
EOY$624,399EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,879,686BOYAmt
EOY$9,624,567EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$24,814BOYAmt
EOY$51,501EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,596,769BOYAmt
EOY$14,908,063EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$193,781BOYAmt
EOY$108,147EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$9,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$150,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$38,344EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$193,781BOYAmt
EOY$305,491EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,479,477BOYAmt
EOY$1,817,753EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,923,511BOYAmt
EOY$12,784,819EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,402,988BOYAmt
EOY$14,602,572EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,596,769BOYAmt
EOY$14,908,063EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,911,038ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$288,546NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,745,966CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,906,203CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,834,704CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,803,400CurrentTaxYearMinus1YearAmt
Current Tax Year$3,946,359CurrentTaxYearAmt
Total$11,236,632TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,745,966CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,906,203CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,834,704CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,803,400CurrentTaxYearMinus1YearAmt
Current Tax Year$3,946,359CurrentTaxYearAmt
Total$11,236,632TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$11,236,632PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$159,928CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$169,252CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$185,734CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$218,977CurrentTaxYearMinus1YearAmt
Current Tax Year$217,022CurrentTaxYearAmt
Total$950,913TotalAmt
FieldValueIRS element (for citing)
Total Support$12,187,545TotalSupportAmt
Gross Receipts Rltd Activities$212,174GrossReceiptsRltdActivitiesAmt
Public Support CY1700.92200PublicSupportCY170Pct
Public Support PY1700.91440PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,115,916BeginningYearBalanceAmt
Contributions$69,621ContributionsAmt
Investment Earnings Or Losses$325,610InvestmentEarningsOrLossesAmt
Other Expenditures$121,947OtherExpendituresAmt
End Year Balance$4,389,200EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,243,587BeginningYearBalanceAmt
Contributions$97,197ContributionsAmt
Investment Earnings Or Losses$73,764InvestmentEarningsOrLossesAmt
Other Expenditures$298,632OtherExpendituresAmt
End Year Balance$4,115,916EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,999,679BeginningYearBalanceAmt
Contributions$126,339ContributionsAmt
Investment Earnings Or Losses$392,216InvestmentEarningsOrLossesAmt
Other Expenditures$274,647OtherExpendituresAmt
End Year Balance$4,243,587EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,877,873BeginningYearBalanceAmt
Contributions$117,947ContributionsAmt
Investment Earnings Or Losses$249,654InvestmentEarningsOrLossesAmt
Other Expenditures$245,795OtherExpendituresAmt
End Year Balance$3,999,679EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,662,801BeginningYearBalanceAmt
Contributions$41,667ContributionsAmt
Investment Earnings Or Losses$413,788InvestmentEarningsOrLossesAmt
Other Expenditures$257,859OtherExpendituresAmt
End Year Balance$3,860,397EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.26250BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.73750PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$624,000InvestmentCostOrOtherBasisAmt
Book Value$624,000BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$92,127OtherCostOrOtherBasisAmt
Depreciation$91,728DepreciationAmt
Book Value$399BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$624,399TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACCRUED PAYROLL$37,689
SALES TAX PAYABLE$655
FieldValueIRS element (for citing)
Total Liability$38,344TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (8 entries)

IRC SectionIRCSectionDescCash GrantCashGrantAmtAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINPurpose Of GrantPurposeOfGrantTxt
VARIOUS GRANTS 5000
VAR.$13,412
LINCOLN PUBLIC SCHOOLS
GOV$562,220PO BOX 82889LINCOLNNE68501476003955GENERAL SUPPORT
LINCOLN ELECTRIC SYSTEM
ORG$18,1001040 E O STREETLINCOLNNE68508STUDENT FAMILY ASSIS
GALLUP
ORG$39,9801001 GALLUP DRLINCOLNNE68102PROGRAM EXPENSE
EMBASSY SUITES BY HILTON - LINCOLN
ORG$8,8261040 P STREETLINCOLNNE68508STUDENT SCHOLARSHIPS
BARNES & NOBLE INC
ORG$11,339PO BOX 930455ATLANTAGA31193PROGRAM EXPENSE
XPERITAS
ORG$10,800129 NORTH 2ND ST SUITE 102MINNEAPOLISMN55401
LINCOLN WATER SYSTEM
ORG$5,500555 SOUTH 10TH ROOM 203LINCOLNNE68508STUDENT ASSISTANCE
FieldValueIRS element (for citing)
Total Other Org7TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxtCash GrantCashGrantAmt
POST SECONDARY SCHOLAR-
SHIPS FOR LINCOLN PUBLIC
SCHOOL STUDENTS FOR
VARIOUS OPPORTUNITIES$289,000
JESSICA HOLLOWAY$5,000
SHELLY SPEIDELL$5,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationGRANTS ARE AWARDED BASED ON VARIOUS PARAMETERS SET BY EACH INDIVIDUAL PROGRAM AND GRANT AGREEMENT AND ARE MONITORED BY COMMITTEES AND MANAGEMENT PERSONNEL CHARGED WITH THE GOVERNANCE OF THESE ACTIVITIES.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$39,400NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenuesTxt

Real Estate Other RealEstateOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$624,000NoncashContributionsRptF990Amt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescCONCRETEDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$18,075NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PAGE 1, PART I, LINE 32BFormAndLineReferenceDesc
ExplanationTHE FOUNDATION USES THIRD PARTIES WHO MANAGE THEIR INVESTMENT PORTFOLIOS TO PROCESS AND SELL DONATED MARKETABLE SECURITIES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSION"THE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS BELIEVES THAT ALL STUDENTS SHOULD HAVE WHAT THEY NEED TO REACH THEIR FULL POTENTIAL. WE ENGAGE OUR COMMUNITY TO INSPIRE STUDENTS AND EDUCATORS, AND CREATE EDUCATIONAL OPPORTUNITIES THAT ENHANCE ACADEMIC AND PERSONAL SUCCESS."
FORM 990, PAGE 1, PART I, LINE 6THE TYPE OF SERVICES PROVIDED BY OUR VOLUNTEERS INCLUDE: -EXPERTISE IN MARKETING, TECHNOLOGY AND FINANCIAL AREAS -REVIEW SCHOLARSHIP APPLICATIONS -ADVISE ON BUSINESS AND GROWTH PLANS -FUNDRAISE FOR PRIORITY PROJECTS -ORGANIZING SPECIAL EVENTS -PARTICIPATE IN HIGH LEVEL CONVERSATIONS ABOUT TEACHING AND LEARNING AS TO PROVIDE INPUT -THANK YOU CALLS TO DONORS THE BENEFIT TO THE FOUNDATION IS THAT A BROAD CROSS SECTION OF THE COMMUNITY IS ENGAGED IN SUPPORTING AND UNDERSTANDING OUR PUBLIC SCHOOLS, AND FACILITATES STRONGER COMMUNITY CONNECTIONS AND PARTNERSHIPS.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE TAX RETURN IS E-MAILED TO BOARD MEMBERS AND DISCUSSED AT THE BOARD MEETING PRIOR TO FILING THE RETURN.
FORM 990, PAGE 6, PART VI, LINE 12C-CONFLICT OF INTEREST FORMS ARE GIVEN TO STAFF AND BOARD OF DIRECTORS ANNUALLY -CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE FOUNDATION PRESIDENT AS PART OF REVIEW PREPARATION
FORM 990, PAGE 6, PART VI, LINE 15ABUDGET IS PREPARED BY THE PRESIDENT, THE CFO AND THE BOARD TREASURER
FORM 990, PAGE 6, PART VI, LINE 15BKEY EMPLOYEE SALARIES ARE DETERMINED BY THE FOUNDATION PRESIDENT AS PART OF THE BUDGET PROCESS
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.

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