Civic Intelligence

Lehman Foundation

990 • Fiscal year 2015 • EIN 31-0928867

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 16, 2015

2400 St Marys AvenueSidney, OH 45365-9396

(937) 773-8747

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

0.05x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

49th percentile

2.8%

Higher net margin than 49% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$83,644

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 55.6% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

17th percentile

-9.2%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

12th percentile

-27%

Faster revenue growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$826,903

Down $83,540 (-9.2%) from 2014

Net Assets

Down

$818,740

Down $52,669 (-6.0%) from 2014

Liabilities

Down

$8,163

Down $30,871 (-79%) from 2014

Revenue

Down

$150,540

Down $56,991 (-27%) from 2014

Expenses

Up

$146,316

Up $69,679 (+91%) from 2014

Net Income

Down

$4,224

Down $126,670 (-97%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $786,995Liabilities 2011: $22,500Net Assets 2011: $764,4952011Assets 2012: $692,315Liabilities 2012: $22,500Net Assets 2012: $669,8152012Assets 2014: $910,443Liabilities 2014: $39,034Net Assets 2014: $871,4092014Assets 2015: $826,903Liabilities 2015: $8,163Net Assets 2015: $818,7402015Assets 2016: $1,167,305Liabilities 2016: $8,500Net Assets 2016: $1,158,8052016Assets 2018: $2,323,976Liabilities 2018: $41,500Net Assets 2018: $2,282,4762018Assets 2019: $2,530,182Liabilities 2019: $28,900Net Assets 2019: $2,501,2822019Assets 2021: $3,140,050Liabilities 2021: $6,999Net Assets 2021: $3,133,0512021Assets 2022: $2,559,508Liabilities 2022: $26,001Net Assets 2022: $2,533,5072022Assets 2024: $3,138,563Liabilities 2024: $25,000Net Assets 2024: $3,113,5632024

Highlighted filing

2015

Assets$826,903
Liabilities$8,163
Net Assets$818,740

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $87,3522011Expenses 2012: $255,8942012Revenue 2014: $207,531Expenses 2014: $76,637Net Income 2014: $130,8942014Revenue 2015: $150,540Expenses 2015: $146,316Net Income 2015: $4,2242015Revenue 2016: $415,790Expenses 2016: $55,361Net Income 2016: $360,4292016Revenue 2018: $286,599Expenses 2018: $136,478Net Income 2018: $150,1212018Revenue 2019: $322,715Expenses 2019: $250,802Net Income 2019: $71,9132019Revenue 2021: $315,708Expenses 2021: $173,764Net Income 2021: $141,9442021Revenue 2022: $182,915Expenses 2022: $348,122Net Income 2022: -$165,2072022Revenue 2024: $150,066Expenses 2024: $159,053Net Income 2024: -$8,9872024

Highlighted filing

2015

Revenue$150,540
Expenses$146,316
Net Income$4,224
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$231,875
Mission and Program Overview

Mission

Lehman High School Foundation supports the students and the Lehman Community through engagement and development to secure the school's financial future.

To provide support for lehman high school, including capital improvements, maintenance, tuition assistance and college scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$730,463$675,376▼ $55,087
Cash and Non-Interest-Bearing Accounts$154,480$137,527▼ $16,953
Prepaid Expenses and Deferred Charges$13,500--
Accounts Receivable-$2,000-
Total Assets$910,443$826,903▼ $83,540
Other Assets Total$12,000$12,000→ $0
Liabilities
Other Liabilities$39,034--
Accounts Payable and Accrued Expenses-$8,163-
Total Liabilities$39,034$8,163▼ $30,871
Net Assets / Fund Balance
Temporarily Rstr Net Assets$680,576$567,854▼ $112,722
Unrestricted Net Assets$75,207$134,390▲ $59,183
Permanently Rstr Net Assets$115,626$116,496▲ $870
Total Net Assets Fund Balance$871,409$818,740▼ $52,669
Total Liabilities and Net Assets / Fund Balance$910,443$826,903▼ $83,540
Compensation and Service Providers

Employees

NameTitleOtherTotal
Denise StaufferEx-officio M$83,644$83,644
Melissa BennettExecutive Di$33,333$33,333

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$104,782
Program Service Revenue
$0
Investment Income
$48,354
Other Revenue
$-2,596
All Other Contributions
$104,782
Change in Net Assets
$4,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$117,696
Other Expenses$28,620
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$117,696--$117,696
Fees for Services Management$3,881$3,882-$7,763
Fees for Services Accounting-$6,000-$6,000
Other Expenses$14,198$659-$659
Total Functional Expenses$135,775$10,541$0$146,316
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lehman High SchoolSidney, OH501c3School Maintenance$94,696
Lehman High SchoolSidney, OH501c3Scholarships$23,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$51,763
Fundraising Gross Income$49,150
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Foundation Banq$49,150$49,150$2,028$47,122
Total Events$49,150$49,150$51,763$-2,613
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interfund Transfer-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 organization's 990 is available upon request

Form 990, Page 6, Part VI, Line 19

Governing documents, conflift of interest policy and financial statements are available to the public upon request made to the school's president.

Filing and Contact Details

Filer

Filer Name
Lehman Foundation
EIN
31-0928867
Phone
9377738747
Address
2400 ST MARYS AVENUE, SIDNEY, OH 45365-9396

Signing Officer

Name
Melissa Bennett
Title
Executive Director
Phone
9377738747
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Bennett
Formed
1974
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
50

Preparer

Firm
Murray Wells Wendeln & Robinson Cpas Inc
Address
PO BOX 613, PIQUA, OH 45356-0613
Preparer
Tony Wendeln CPA
Phone
9377736373
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

No uncertain tax positions

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FOUNDATION SUPPORTS LEHMAN CATHOLIC HIGH SCHOOL BY RAISING MONEY AND CREATING ENDOWMWNTS FOR THE PURPOSES OF BUILDING REPAIRS AND IMPROVEMENTS, INCREASED FACULTY SDALARIES AND TUITION ASSISTANCE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO UNCERTAIN TAX POSITIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S 990 IS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS, CONFLIFT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST MADE TO THE SCHOOL'S PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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