Educational Foundation of Lake County Inc.
Educational Foundation of Lake County Inc.
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About this organization
Mission
The Educational Foundation is a non-for-profit organization that is the direct support organization for Lake County Public Schools. Our mission is to serve as the connection between our community and public education, evaluating needs and securing resources to enhance the quality of education.
About
Direct support of students and teachers in Lake County through the provision of grants, scholarships and recognition events to encourage excellence in education.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “The foundation provides direct support to the lake county school system through contributions, grants and fundraising activities. all monies are invested into lake county schools where needed.”.
When detailing its duties, they were outlined as: “The foundation provides direct support to the lake county school system through contributions, grants and fundraising activities. all monies are invested into lake county schools where needed.”.
- As per legal reporting requirements, the state of operation for the non-profit is FL.
- The non-profit's form for the year 2020 reports a total of 3 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $16,575.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 34 independent voting members.
- The organization was formed in 1986.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $143,071 in salary, compensation, and benefits to its employees.
- The organization pays $41,933 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization's financial statements were reviewed by an accountant.
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