Civic Intelligence

Lancaster Dollars for Higher Learning

990 • Fiscal year 2025 • EIN 23-6414300

Oct 01, 2024 to Sep 30, 2025

313 W Liberty St Ste 343Lancaster, PA 17603

(717) 397-7920

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

22nd percentile

0.04x

Higher debt load relative to revenue than 22% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

52nd percentile

4.6%

Faster asset growth than 52% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$6,990,040

Up $1,297,213 (+23%) from 2022

Net Assets

Up

$6,971,304

Up $1,280,505 (+23%) from 2022

Liabilities

Up

$18,736

Up $16,708 (+824%) from 2022

Revenue

Up

$498,219

Up $100,057 (+25%) from 2022

Expenses

Up

$413,893

Up $132,053 (+47%) from 2022

Net Income

Down

$84,326

Down $31,996 (-28%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $5,509,248Liabilities 2010: $857Net Assets 2010: $5,508,3912010Assets 2011: $5,685,916Liabilities 2011: $470Net Assets 2011: $5,685,4462011Assets 2012: $5,838,879Liabilities 2012: $0Net Assets 2012: $5,838,8792012Assets 2015: $5,196,658Liabilities 2015: $7,453Net Assets 2015: $5,189,2052015Assets 2016: $5,192,040Liabilities 2016: $5,501Net Assets 2016: $5,186,5392016Assets 2017: $5,149,560Liabilities 2017: $4,310Net Assets 2017: $5,145,2502017Assets 2019: $5,729,421Liabilities 2019: $7,322Net Assets 2019: $5,722,0992019Assets 2020: $5,824,401Liabilities 2020: $2,861Net Assets 2020: $5,821,5402020Assets 2021: $6,218,329Liabilities 2021: $897Net Assets 2021: $6,217,4322021Assets 2022: $5,692,827Liabilities 2022: $2,028Net Assets 2022: $5,690,7992022Assets 2025: $6,990,040Liabilities 2025: $18,736Net Assets 2025: $6,971,3042025

Highlighted filing

2025

Assets$6,990,040
Liabilities$18,736
Net Assets$6,971,304

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $51,5812010Expenses 2011: $59,7832011Expenses 2012: $122,5062012Revenue 2015: $278,825Expenses 2015: $264,812Net Income 2015: $14,0132015Revenue 2016: $318,238Expenses 2016: $324,859Net Income 2016: -$6,6212016Revenue 2017: $282,406Expenses 2017: $321,446Net Income 2017: -$39,0402017Revenue 2019: $259,674Expenses 2019: $301,137Net Income 2019: -$41,4632019Revenue 2020: $269,351Expenses 2020: $176,718Net Income 2020: $92,6332020Revenue 2021: $328,816Expenses 2021: $225,677Net Income 2021: $103,1392021Revenue 2022: $398,162Expenses 2022: $281,840Net Income 2022: $116,3222022Revenue 2025: $498,219Expenses 2025: $413,893Net Income 2025: $84,3262025

Highlighted filing

2025

Revenue$498,219
Expenses$413,893
Net Income$84,326
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 28, 2026
Return Version
2024v5.0
Gross Receipts
$2,572,873
Mission and Program Overview

Mission

The mission of the organization is to help full-time college students achieve their goals by providing interest-free tuition loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,118,031$4,217,572▲ $99,541
Investments Program Related$2,420,326$2,561,054▲ $140,728
Savings and Temporary Cash Investments-$163,922-
Cash and Non-Interest-Bearing Accounts$92,160--
Prepaid Expenses and Deferred Charges$21,204$22,880▲ $1,676
Pledges and Grants Receivable$16,000$8,000▼ $8,000
Total Assets$6,682,452$6,990,040▲ $307,588
Other Assets Total$14,731$16,612▲ $1,881
Liabilities
Other Liabilities$14,356$16,237▲ $1,881
Accounts Payable and Accrued Expenses$1,895$2,499▲ $604
Total Liabilities$16,251$18,736▲ $2,485
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,053,974$6,442,040▲ $388,066
Net Assets With Donor Restrictions$612,227$529,264▼ $82,963
Total Net Assets Fund Balance$6,666,201$6,971,304▲ $305,103
Total Liabilities and Net Assets / Fund Balance$6,682,452$6,990,040▲ $307,588

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,561,054--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kay BrubakerPresident
Bob FreundBoard Member
Bunnie BuckwalterBoard Member
James LeeBoard Member
Klaire MarinoBoard Member
Kristin MarshallBoard Member
Mark NewkirkBoard Member
Melissa JabourBoard Member
Patrick CarneyBoard Member
Richard FrerichsBoard Member
Robin GoriniBoard Member
Samantha MorenoBoard Member
Ted CardwellBoard Member
Cindy CiuffoAssistant Tr
Peg Ellison WolpertSecretary
Linda SchroederTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$157,205
Program Service Revenue
$128,936
Investment Income
$188,144
Other Revenue
$23,934
All Other Contributions
$157,205
Change in Net Assets
$84,326

Audited Revenue Reconciliation

Revenue per Audited Statements
$498,219
Revenue Not Reported on Form 990
$220,777
Total Revenue per Audited Statements
$718,996
Total Revenue per Form 990
$498,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$323,357
Salaries, Compensation, and Employee Benefits$81,036
Total Fundraising Expense$22,763
Grants and Similar Amounts Paid$9,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,167$44,952$15,218$74,337
Information Technology$35,968--$35,968
Fees for Service Investment Mgmnt Fees-$33,356-$33,356
Office Expenses$19,426--$19,426
Fees for Services Accounting-$15,280-$15,280
Grants to Domestic Individuals$9,500--$9,500
Payroll Taxes$1,277$4,051$1,371$6,699
Occupancy$1,190$3,571$1,190$5,951
Advertising$331-$4,984$5,315
Insurance$3,707--$3,707
Other Expenses$588--$588
All Other Expenses$100--$100
Total Functional Expenses$289,920$101,210$22,763$413,893

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$413,893
Total Expenses per Audited Statements$413,893
Total Expenses per Form 990$413,893
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Lease Liability$10,533
Short Term Lease Liability$5,704
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The treasurer of the organization reviews the form 990 before processing.

Form 990, Page 6, Part VI, Line 19

All governing documents, policies, and financial statements are available upon request. The 990 return can be also viewed on guidestar's website.

Filing and Contact Details

Filer

Filer Name
Lancaster Dollars for Higher
EIN
23-6414300
Phone
7173977920
Address
313 W LIBERTY ST STE 343, LANCASTER, PA 17603

Signing Officer

Name
Linda Schroeder
Title
Treasurer
Phone
7173977920
Signed
2026-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Schroeder
Formed
1961
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
6

Preparer

Firm
Simon Lever LLC
Address
147 W AIRPORT RD, LITITZ, PA 17543
Preparer
Rebecca Walck CPA
Phone
7175697081
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Lancaster dollars for higher learning was given grants for the prupose of providing a limited number of grants, rather than interest free loans, to deserving applicants selected from the group of students applying for traditional loans. The grant agreement states that lancaster dollars for higher learning will receive an annual gift of 8,000 for five years. In 2025, they recieved an additional 2,000 gift. This year, the organization distributed 5 grants totaling 9,500.

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0LANCASTER DOLLARS FOR HIGHER LEARNING WAS GIVEN GRANTS FOR THE PRUPOSE OF PROVIDING A LIMITED NUMBER OF GRANTS, RATHER THAN INTEREST FREE LOANS, TO DESERVING APPLICANTS SELECTED FROM THE GROUP OF STUDENTS APPLYING FOR TRADITIONAL LOANS. THE GRANT AGREEMENT STATES THAT LANCASTER DOLLARS FOR HIGHER LEARNING WILL RECEIVE AN ANNUAL GIFT OF 8,000 FOR FIVE YEARS. IN 2025, THEY RECIEVED AN ADDITIONAL 2,000 GIFT. THIS YEAR, THE ORGANIZATION DISTRIBUTED 5 GRANTS TOTALING 9,500.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 4,631
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IRS990ScheduleD/TotalExpensesPerForm990Amt0413893
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LANCASTER DOLLARS FOR HIGHER LEARNING WAS GIVEN GRANTS FOR THE PRUPOSE OF PROVIDING A LIMITED NUMBER OF GRANTS, RATHER THAN INTEREST FREE LOANS, TO DESERVING APPLICANTS SELECTED FROM THE GROUP OF STUDENTS APPLYING FOR TRADITIONAL LOANS. THE GRANT AGREEMENT STATES THAT LANCASTER DOLLARS FOR HIGHER LEARNING WILL RECEIVE AN ANNUAL GIFT OF 8,000 FOR FIVE YEARS. IN 2025, THEY RECIEVED AN ADDITIONAL 2,000 GIFT. THIS YEAR, THE ORGANIZATION DISTRIBUTED 5 GRANTS TOTALING 9,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER OF THE ORGANIZATION REVIEWS THE FORM 990 BEFORE PROCESSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE 990 RETURN CAN BE ALSO VIEWED ON GUIDESTAR'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/StatesWhereCopyOfReturnIsFldCd0PA
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