FOUNDATION FOR LINCOLN PUBLIC SCHOOLS: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR LINCOLN PUBLIC SCHOOLS (EIN 36-3490560)
Tax period
2023-09-01 to 2024-08-31
Filed
2025-02-26
IRS object ID
202530579349300048
Schema version
2023v6.0
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)
Return2025-02-26T17:39:57-05:00ReturnTs
Tax Period End2024-08-31TaxPeriodEndDt

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
ZIP68506ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-09-01TaxPeriodBeginDt

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)
PersonNATALIA WIITAPersonNm
Person TitlePRESIDENT ELECTPersonTitleTxt
Phone4024361612PhoneNum
Signature2025-02-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLESTER F BUCKLEY CPAPreparerPersonNm
PTINP00765948PTIN
Phone4024847676PhoneNum
Preparation2025-02-20PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNATALIA WIITAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15905 O STREETAddressLine1Txt
CityLINCOLNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68510ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,726,254GrossReceiptsAmt
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 Body30VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee39TotalEmployeeCnt
Total Volunteers31TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$4,225,352PYContributionsGrantsAmt
CY Contributions Grants$4,308,664CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$656,606PYInvestmentIncomeAmt
CY Investment Income$1,220,111CYInvestmentIncomeAmt
PY Other Revenue$3,624PYOtherRevenueAmt
CY Other Revenue$2,973CYOtherRevenueAmt
PY Total Revenue$4,885,582PYTotalRevenueAmt
CY Total Revenue$5,531,748CYTotalRevenueAmt
PY Grants And Similar Paid$3,815,331PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,385,038CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,026,414PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,165,566CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$140,681CYTotalFundraisingExpenseAmt
PY Other Expenses$526,141PYOtherExpensesAmt
CY Other Expenses$520,018CYOtherExpensesAmt
PY Total Expenses$5,367,886PYTotalExpensesAmt
CY Total Expenses$3,070,622CYTotalExpensesAmt
PY Revenues Less Expenses-$482,304PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,461,126CYRevenuesLessExpensesAmt
Total Assets BOY$16,834,767TotalAssetsBOYAmt
Total Assets EOY$20,307,324TotalAssetsEOYAmt
Total Liabilities BOY$131,200TotalLiabilitiesBOYAmt
Total Liabilities EOY$140,066TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,703,567NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$20,167,258NetAssetsOrFundBalancesEOYAmt
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$1,872,664ExpenseAmt
Grant$1,239,000GrantAmt
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$335,337ExpenseAmt
Grant$56,943GrantAmt
DescIMPLEMENTATION, DEVELOPMENT AND SUPPORT OF THE SPARK SUMMER LEARNING PROGRAM IN LINCOLN, NEDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$92,595ExpenseAmt
Grant$89,095GrantAmt
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$2,300,596TotalProgramServiceExpensesAmt
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 StmtYes (true)IndependentAuditFinclStmtInd
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 Document49IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee39EmployeeCnt
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 Members30GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
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

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR LPSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4024361612PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15905 O STREETAddressLine1Txt
CityLINCOLNCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68510ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
WENDY VAN
EXECUTIVE DI40.00Yes (X)Yes (X)$122,514$0$12,906
KRIS BAACK
SECRETARY1.00Yes (X)Yes (X)$0$0$0
PATRICK BEANS
PAST CHAIR1.00Yes (X)$0$0$0
DR NANCY BIGGS
DIRECTOR1.00Yes (X)$0$0$0
DR JAMES BLAKE
DIRECTOR1.00Yes (X)$0$0$0
JOCELYN BOSLEY
DIRECTOR1.00Yes (X)$0$0$0
MO BOYD
DIRECTOR1.00Yes (X)$0$0$0
ALEX CASSIDY
DIRECTOR1.00Yes (X)$0$0$0
GINA CLAUSSEN
DIRECTOR1.00Yes (X)$0$0$0
BRENT COMSTOCK
DIRECTOR1.00Yes (X)$0$0$0
DR PAUL GAUSMAN
DIRECTOR1.00Yes (X)$0$0$0
NANCY HOVE GRAUL
DIRECTOR1.00Yes (X)$0$0$0
KAYE JESSKE
DIRECTOR1.00Yes (X)$0$0$0
JOHN LAFLIN
DIRECTOR1.00Yes (X)$0$0$0
KARLI MACKLEY
TREASURER1.00Yes (X)Yes (X)$0$0$0
BRITTA MUHLEISEN
DIRECTOR1.00Yes (X)$0$0$0
ANNIE MUMGAARD
DIRECTOR1.00Yes (X)$0$0$0
LUKE PELTZ
DIRECTOR1.00Yes (X)$0$0$0
DEB RASMUSSEN
DIRECTOR1.00Yes (X)$0$0$0
MAX RODENBURG
DIRECTOR1.00Yes (X)$0$0$0
LINDSEY ROY
DIRECTOR1.00Yes (X)$0$0$0
JEFF SALEM
DIRECTOR1.00Yes (X)$0$0$0
STEVE SCHMIDT
DIRECTOR1.00Yes (X)$0$0$0
ED SCHULENBERG
DIRECTOR1.00Yes (X)$0$0$0
MIKE TAVLIN
DIRECTOR1.00Yes (X)$0$0$0
DR JOSEPH TOCZEK
DIRECTOR1.00Yes (X)$0$0$0
GUY TRAININ
DIRECTOR1.00Yes (X)$0$0$0
RUSS UHING
DIRECTOR1.00Yes (X)$0$0$0
JAMES WALBRIDGE
CHAIR ELECT1.00Yes (X)Yes (X)$0$0$0
NATALIA WIITA
PRESIDENT EL1.00Yes (X)Yes (X)$0$0$0
SARAH WISCHHOF
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$122,514TotalReportableCompFromOrgAmt
Total Other Compensation$12,906TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$4,308,664AllOtherContributionsAmt
Noncash Contributions$25,894NoncashContributionsAmt
Total Contributions$4,308,664TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$540,890TotalRevenueColumnAmt
Exclusion$540,890ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,827,528SecuritiesAmt
Other$46,199OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,194,506SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$633,022SecuritiesAmt
Other$46,199OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$679,221TotalRevenueColumnAmt
Related Or Exempt Func Income$633,022RelatedOrExemptFuncIncomeAmt
Exclusion$46,199ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescADMINISTRATIVE REVENUEDesc
Total Revenue Column$2,973TotalRevenueColumnAmt
Related Or Exempt Func Income$2,973RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,973OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,531,748TotalRevenueColumnAmt
Related Or Exempt Func Income$635,995RelatedOrExemptFuncIncomeAmt
Exclusion$587,089ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,148,188TotalAmt
Program Services$1,148,188ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$236,850TotalAmt
Program Services$236,850ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$135,420TotalAmt
Program Services$54,168ProgramServicesAmt
Management And General$40,626ManagementAndGeneralAmt
Fundraising$40,626FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$844,954TotalAmt
Program Services$596,444ProgramServicesAmt
Management And General$177,730ManagementAndGeneralAmt
Fundraising$70,780FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$24,355TotalAmt
Program Services$16,162ProgramServicesAmt
Management And General$5,425ManagementAndGeneralAmt
Fundraising$2,768FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$75,357TotalAmt
Program Services$50,010ProgramServicesAmt
Management And General$8,563ManagementAndGeneralAmt
Fundraising$16,784FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$85,480TotalAmt
Program Services$56,728ProgramServicesAmt
Management And General$19,038ManagementAndGeneralAmt
Fundraising$9,714FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$135,186TotalAmt
Program Services$279ProgramServicesAmt
Management And General$134,907ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$47,653TotalAmt
Management And General$47,653ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$15,504TotalAmt
Program Services$15,504ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$78,730TotalAmt
Program Services$1,054ProgramServicesAmt
Management And General$77,676ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$51,704TotalAmt
Program Services$23ProgramServicesAmt
Management And General$51,681ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$25,246TotalAmt
Program Services$25,246ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,582TotalAmt
Program Services$291ProgramServicesAmt
Management And General$17,291ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,032TotalAmt
Management And General$9,032ManagementAndGeneralAmt

Interest InterestGrp

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

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,387TotalAmt
Program Services$1,443ProgramServicesAmt
Management And General$9,944ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
UNCOLLECTIBLE PROMISES$73,958$73,958
ONLINE MERCHANT FEES$20,126$4,409$15,717
CONTRACTUAL SERVICES$17,412$17,412
DUES & SUBSCRIPTIONS$13,646$2,427$11,219

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,844TotalAmt
Management And General$2,835ManagementAndGeneralAmt
Fundraising$9FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,070,622TotalAmt
Program Services$2,300,596ProgramServicesAmt
Management And General$629,345ManagementAndGeneralAmt
Fundraising$140,681FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,352,510BOYAmt
EOY$6,057,212EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$791,036BOYAmt
EOY$751,672EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$222BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$92,127LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$92,127LandBldgEquipAccumDeprecAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$11,272,340BOYAmt
EOY$12,558,230EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$418,659BOYAmt
EOY$940,210EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,834,767BOYAmt
EOY$20,307,324EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$55,162BOYAmt
EOY$79,686EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$76,038BOYAmt
EOY$60,380EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$131,200BOYAmt
EOY$140,066EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,423,460BOYAmt
EOY$2,503,505EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,280,107BOYAmt
EOY$17,663,753EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,703,567BOYAmt
EOY$20,167,258EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,834,767BOYAmt
EOY$20,307,324EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,461,126ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,002,565NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
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$3,946,359CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,755,736CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,739,649CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,225,352CurrentTaxYearMinus1YearAmt
Current Tax Year$4,308,664CurrentTaxYearAmt
Total$18,975,760TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,946,359CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,755,736CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,739,649CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,225,352CurrentTaxYearMinus1YearAmt
Current Tax Year$4,308,664CurrentTaxYearAmt
Total$18,975,760TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$18,975,760PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$217,022CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$239,752CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$238,742CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$308,719CurrentTaxYearMinus1YearAmt
Current Tax Year$540,890CurrentTaxYearAmt
Total$1,545,125TotalAmt
FieldValueIRS element (for citing)
Total Support$20,520,885TotalSupportAmt
Gross Receipts Rltd Activities$181,183GrossReceiptsRltdActivitiesAmt
Public Support CY1700.92470PublicSupportCY170Pct
Public Support PY1700.93090PublicSupportPY170Pct
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$4,475,011BeginningYearBalanceAmt
Contributions$21,024ContributionsAmt
Investment Earnings Or Losses$749,168InvestmentEarningsOrLossesAmt
Other Expenditures$252,393OtherExpendituresAmt
End Year Balance$4,992,810EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,369,168BeginningYearBalanceAmt
Contributions$34,742ContributionsAmt
Investment Earnings Or Losses$307,193InvestmentEarningsOrLossesAmt
Other Expenditures$236,092OtherExpendituresAmt
End Year Balance$4,475,011EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,238,017BeginningYearBalanceAmt
Contributions$40,636ContributionsAmt
Investment Earnings Or Losses-$657,650InvestmentEarningsOrLossesAmt
Other Expenditures$251,835OtherExpendituresAmt
End Year Balance$4,369,168EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,389,200BeginningYearBalanceAmt
Contributions$183,129ContributionsAmt
Investment Earnings Or Losses$875,876InvestmentEarningsOrLossesAmt
Other Expenditures$210,188OtherExpendituresAmt
End Year Balance$5,238,017EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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
FieldValueIRS element (for citing)
Board Designated Balance EOY0.23850BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.76150PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$92,127OtherCostOrOtherBasisAmt
Depreciation$92,127DepreciationAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACCRUED PAYROLL$60,040
SALES TAX PAYABLE$340
FieldValueIRS element (for citing)
Total Liability$60,380TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$6,516,193TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,002,565NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$29,533DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,032,098RevenueNotReportedAmt
Revenue Subtotal$5,484,095RevenueSubtotalAmt
Investment Expenses Not Incld$47,653InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$47,653RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,531,748TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,052,502TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$29,533DonatedServicesUseFcltsAmt
Expenses Not Reported$29,533ExpensesNotReportedAmt
Expenses Subtotal$3,022,969ExpensesSubtotalAmt
Investment Expenses Not Incld2$47,653InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$47,653ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,070,622TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtRecipient EINRecipientEINAddress Line2USAddress/AddressLine2Txt
B & R STORES INC
4554 W STREETLINCOLNNE68503ORG$61,000STUDENT FAMILY ASSIS
LINCOLN ELECTRIC SYSTEM
1040 E O STREETLINCOLNNE68508ORG$19,300STUDENT FAMILY ASSIS
LINCOLN PUBLIC SCHOOLS
PO BOX 82889LINCOLNNE68501GOV$700,401GENERAL SUPPORT476003955
LSW TRAP TEAM
500 PIER 1LINCOLNNE68528$10,307OTHER PROGRAM EXPENS
STAR TRAN
710 J STREETLINCOLNNE68508$12,280STUDENT TRANSPORTATI
VARIOUS GRANTS 5000
VAR.$261,063
ARGOSY PUBLISHING INC
205 NEWBURY STREETFRAMINGHAMMA01701$6,000OTHER PROGRAM EXSUITE 204
CIVIC NEBRASKA
530 SOUTH 13TH STREETLINCOLNNE68508$6,498OTHER PROGRAM EXSUITE 100
RED CAPITAL MANAGEMENT LLC
2502 EAST CAMELBACK ROADPHOENIXAZ85016$40,000OTHER PROGRAM EXSUITE 200
WENGER CORPORATION
555 PARK DRIVEOWATONNAMN55060$18,333OTHER PROGRAM EX
WEST MUSIC
1212 5TH STREET PO BOX 5521CORALVILLEIA52241$5,779OTHER PROGRAM EX
SCREEN INK
1827 O STREETLINCOLNNE68508$7,227OTHER PROGRAM EX
FieldValueIRS element (for citing)
Total Other Org11TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
POST SECONDARY SCHOLAR-
SHIPS FOR LINCOLN PUBLIC
SCHOOL STUDENTS FOR
VARIOUS OPPORTUNITIES258$236,850

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$25,894NoncashContributionsRptF990Amt
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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