Civic Intelligence

Lehman Foundation

990 • Fiscal year 2021 • EIN 31-0928867

Jul 01, 2020 to Jun 30, 2021 • Filed on Jul 13, 2022

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

22nd percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

31st percentile

0.02x

Higher debt load relative to revenue than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

84th percentile

45%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

54th percentile

11%

Faster asset growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Revenue Growth

30th percentile

-1.1%

Faster revenue growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Assets

Up

$3,140,050

Up $609,868 (+24%) from 2019

Net Assets

Up

$3,133,051

Up $631,769 (+25%) from 2019

Liabilities

Down

$6,999

Down $21,901 (-76%) from 2019

Revenue

Down

$315,708

Down $7,007 (-2.2%) from 2019

Expenses

Down

$173,764

Down $77,038 (-31%) from 2019

Net Income

Up

$141,944

Up $70,031 (+97%) from 2019

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 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

2021

Assets$3,140,050
Liabilities$6,999
Net Assets$3,133,051

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 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

2021

Revenue$315,708
Expenses$173,764
Net Income$141,944
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 13, 2022
Return Version
2020v4.0
Gross Receipts
$681,753
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,595,194$3,100,400▲ $505,206
Cash and Non-Interest-Bearing Accounts$21,999$22,360▲ $361
Other Notes and Loans Receivable, Net$34,834$17,290▼ $17,544
Total Assets$2,652,027$3,140,050▲ $488,023
Liabilities
Accounts Payable and Accrued Expenses$26,997$6,999▼ $19,998
Total Liabilities$26,997$6,999▼ $19,998
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,139,127$2,623,754▲ $484,627
Net Assets Without Donor Restrictions$485,903$509,297▲ $23,394
Total Net Assets Fund Balance$2,625,030$3,133,051▲ $508,021
Total Liabilities and Net Assets / Fund Balance$2,652,027$3,140,050▲ $488,023
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$57,158
Program Service Revenue
$0
Investment Income
$258,550
Other Revenue
$0
All Other Contributions
$57,158
Change in Net Assets
$141,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$150,055
Other Expenses$23,709
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$120,055--$120,055
Grants to Domestic Individuals$30,000--$30,000
Fees for Service Investment Mgmnt Fees-$19,332-$19,332
Fees for Services Accounting-$2,300-$2,300
Insurance-$939-$939
Other Expenses-$372-$372
Total Functional Expenses$150,055$23,709$0$173,764
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lehman High SchoolSidney, OH501c3Scholarships$120,055
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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

Board members review form 990 at the most recent board meeting.

Form 990, Page 6, Part VI, Line 12C

Board members have to annually sign archdiocese conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

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
Dan Freytag
Title
President
Phone
9377738747
Signed
2022-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Freytag
Formed
1974
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
15

Preparer

Firm
MONNIER & CO CPA'S
Address
PO BOX 459, SIDNEY, OH 45365-0459
Preparer
Larry E Elsner
Phone
9374926101
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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