Civic Intelligence

Lakewood Educational Foundation

990EZ • Fiscal year 2019 • EIN 32-0050694

Jan 01, 2019 to Dec 31, 2019 • Filed on May 27, 2020

Organization ProfileWWW.LAKEWOODEDUCATIONALFOUNDATION.ORG
PO Box 473Lake Odessa, MI 48849

(269) 838-5884

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$476,195

No earlier filing loaded for comparison.

Net Assets

$476,195

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin90th percentile

Revenue

$69,435

No earlier filing loaded for comparison.

Expenses

$38,511

No earlier filing loaded for comparison.

Net Income

$30,924

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0Assets 2019: $476,195Net Assets 2019: $476,1952019Assets 2020: $480,728Net Assets 2020: $480,7282020Assets 2021: $489,985Net Assets 2021: $489,9852021Assets 2022: $385,577Net Assets 2022: $385,5772022Assets 2023: $408,431Liabilities 2023: $0Net Assets 2023: $408,4312023Assets 2024: $454,867Liabilities 2024: $0Net Assets 2024: $454,8672024

Highlighted filing

2019

Assets$476,195
Liabilities-
Net Assets$476,195
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2019: $69,435Expenses 2019: $38,511Net Income 2019: $30,9242019Revenue 2020: $56,143Expenses 2020: $51,610Net Income 2020: $4,5332020Revenue 2021: $60,577Expenses 2021: $51,320Net Income 2021: $9,2572021Revenue 2022: $58,840Expenses 2022: $83,209Net Income 2022: -$24,3692022Revenue 2023: $79,575Expenses 2023: $56,721Net Income 2023: $22,8542023Revenue 2024: $120,483Expenses 2024: $74,047Net Income 2024: $46,4362024

Highlighted filing

2019

Revenue$69,435
Expenses$38,511
Net Income$30,924
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 27, 2020
Return Version
2019v5.0
Gross Receipts
$69,435
Mission and Program Overview

Mission

The lakewood educational foundation has been established as a separate and independent entity to promote educational opportunities within the lakewood school district. The foundation is a private, nonprofit, tax-exempt organization, which consists of a volunteer board of directors (trustees) with representation from each community within the lakewood school district - clarksville, lake odessa, sunfield and woodland. The mission of the lakewood educational foundation is to invest in the enrichment of the whole lakewood public school district. The foundation is committed to raising and disbursing funds to support educational programs and activities that promote creative educational opportunities for students by providing the extras for education.

Program Services

DescriptionGrantsExpenses
GRANTS TO THE LAKEWOOD PUBLIC SCHOOLS TO SUPPORT THE TEACHERS AND STAFF-$29,558
GRANTS TO THE LAKEWOOD PUBLIC SCHOOLS TO SUPPORT THE TEACHERS AND STAFF--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIE YONKERPresident-$0--
JEFF HYNESVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Lakewood Educational Foundation
EIN
32-0050694
Address
PO BOX 473, LAKE ODESSA, MI 48849

Signing Officer

Name
Jennie Yonker
Title
President
Signed
2020-05-27

Preparer

Firm
Mckeown & Kraai Plc
Address
PO BOX 277, MIDDLEVILLE, MI 49333
Preparer
Kyle D Mckeown
Phone
2697957927
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Golf outing advertising and promotion 1,326 expenses advertising and promotion 2,625 grant payments 26,002 total 29,953”

Form 990-ez, Part II, Line 24

“Accounts receivable 1,815 1,213 total 1,815 1,213”

Form 990-ez, Part III

“The lakewood educational foundation has been established as a separate and independent entity to promote educational opportunities within the lakewood school district. The foundation is a private, nonprofit, tax-exempt organization, which consists of a volunteer board of directors (trustees) with representation from each community within the lakewood school district - clarksville, lake odessa, sunfield and woodland. The mission of the lakewood educational foundation is to invest in the enrichment of the whole lakewood public school district. The foundation is committed to raising and disbursing funds to support educational programs and activities that promote creative educational opportunities for students by providing the extras for education.”

Form 990-ez, Part III, Line 31

“Grants to the lakewood public schools to support the teachers and staff”

Raw XML Appendix129 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ABBY MATTICE
IRS990EZ/BooksInCareOfDetail/PhoneNum02698385884
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02818 COATS GROVE RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HASTINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049058
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0443456
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0474982
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016905
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt030924
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08248
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0445271
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0476195
IRS990EZ/GamingGrossIncomeAmt036450
IRS990EZ/GrossReceiptsAmt069435
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt016080
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0445271
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0476195
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0445271
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0476195
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENNIE YONKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFF HYNES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01815
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01213
IRS990EZ/OtherExpensesTotalAmt029953
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE LAKEWOOD EDUCATIONAL FOUNDATION HAS BEEN ESTABLISHED AS A SEPARATE AND INDEPENDENT ENTITY TO PROMOTE EDUCATIONAL OPPORTUNITIES WITHIN THE LAKEWOOD SCHOOL DISTRICT. THE FOUNDATION IS A PRIVATE, NONPROFIT, TAX-EXEMPT ORGANIZATION, WHICH CONSISTS OF A VOLUNTEER BOARD OF DIRECTORS (TRUSTEES) WITH REPRESENTATION FROM EACH COMMUNITY WITHIN THE LAKEWOOD SCHOOL DISTRICT - CLARKSVILLE, LAKE ODESSA, SUNFIELD AND WOODLAND. THE MISSION OF THE LAKEWOOD EDUCATIONAL FOUNDATION IS TO INVEST IN THE ENRICHMENT OF THE WHOLE LAKEWOOD PUBLIC SCHOOL DISTRICT. THE FOUNDATION IS COMMITTED TO RAISING AND DISBURSING FUNDS TO SUPPORT EDUCATIONAL PROGRAMS AND ACTIVITIES THAT PROMOTE CREATIVE EDUCATIONAL OPPORTUNITIES FOR STUDENTS BY PROVIDING THE EXTRAS FOR EDUCATION.
IRS990EZ/PrintingPublicationsPostageAmt0310
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS TO THE LAKEWOOD PUBLIC SCHOOLS TO SUPPORT THE TEACHERS AND STAFF
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GRANTS TO THE LAKEWOOD PUBLIC SCHOOLS TO SUPPORT THE TEACHERS AND STAFF
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029558
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt036450
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt038511
IRS990EZ/TotalProgramServiceExpensesAmt029558
IRS990EZ/TotalRevenueAmt069435
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LAKEWOODEDUCATIONALFOUNDATION.ORG
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt036450
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt036450
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt036450
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0ABBY MATTICE
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt02818 COATS GROVE RD
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0HASTINGS
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MI
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd049058
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOLF OUTING ADVERTISING AND PROMOTION 1,326 EXPENSES ADVERTISING AND PROMOTION 2,625 GRANT PAYMENTS 26,002 TOTAL 29,953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 1,815 1,213 TOTAL 1,815 1,213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE LAKEWOOD EDUCATIONAL FOUNDATION HAS BEEN ESTABLISHED AS A SEPARATE AND INDEPENDENT ENTITY TO PROMOTE EDUCATIONAL OPPORTUNITIES WITHIN THE LAKEWOOD SCHOOL DISTRICT. THE FOUNDATION IS A PRIVATE, NONPROFIT, TAX-EXEMPT ORGANIZATION, WHICH CONSISTS OF A VOLUNTEER BOARD OF DIRECTORS (TRUSTEES) WITH REPRESENTATION FROM EACH COMMUNITY WITHIN THE LAKEWOOD SCHOOL DISTRICT - CLARKSVILLE, LAKE ODESSA, SUNFIELD AND WOODLAND. THE MISSION OF THE LAKEWOOD EDUCATIONAL FOUNDATION IS TO INVEST IN THE ENRICHMENT OF THE WHOLE LAKEWOOD PUBLIC SCHOOL DISTRICT. THE FOUNDATION IS COMMITTED TO RAISING AND DISBURSING FUNDS TO SUPPORT EDUCATIONAL PROGRAMS AND ACTIVITIES THAT PROMOTE CREATIVE EDUCATIONAL OPPORTUNITIES FOR STUDENTS BY PROVIDING THE EXTRAS FOR EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANTS TO THE LAKEWOOD PUBLIC SCHOOLS TO SUPPORT THE TEACHERS AND STAFF
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIE YONKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKEWOOD EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0320050694
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 473
ReturnHeader/Filer/USAddress/CityNm0LAKE ODESSA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048849
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09523CA9DB4472495C2E48CC32D52C924ED903BEC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId065A2D063C02FDEF91802BFBF2E37944C31C717F3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02020-06-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:32:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383251555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCKEOWN & KRAAI PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 277
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDDLEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049333
ReturnHeader/PreparerPersonGrp/PhoneNum02697957927
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLE D MCKEOWN
ReturnHeader/ReturnTs02020-06-15T14:32:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$476,195
Liabilities
-
Net assets
$476,195
Revenue
$69,435
Expenses
$38,511
Net income
$30,924
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.55$0.00$4.55$1.20$0.74$0.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$0.00$4.08$0.80$0.57$0.23
2022Detailed filing. Detailed filing data is available for this year.$3.86$3.86$0.59$0.83$0.24
2021Detailed filing. Detailed filing data is available for this year.$4.90$4.90$0.61$0.51$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$4.81$0.56$0.52$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.76$4.76$0.69$0.39$0.31