Civic Intelligence

Lawrence Schools Foundation

990 • Fiscal year 2019 • EIN 48-1016950

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

110 Mcdonald DriveLawrence, KS 66044

(785) 330-1941

Siviq Scores

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

Liabilities / Assets

38th percentile

0.03x

Higher debt load relative to assets than 38% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.08x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

56th percentile

$75,489

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

63%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,948,679

Up $212,616 (+12%) from 2018

Net Assets

Up

$1,887,824

Up $213,679 (+13%) from 2018

Liabilities

Down

$60,855

Down $1,063 (-1.7%) from 2018

Revenue

Up

$752,777

Up $289,923 (+63%) from 2018

Expenses

Up

$543,453

Up $30,758 (+6.0%) from 2018

Net Income

Up

$209,324

Up $259,165 (+520%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,456,720Liabilities 2010: $203,189Net Assets 2010: $1,253,5312010Assets 2011: $1,503,521Liabilities 2011: $151,638Net Assets 2011: $1,351,8832011Assets 2012: $1,632,671Liabilities 2012: $134,534Net Assets 2012: $1,498,1372012Assets 2013: $1,803,223Liabilities 2013: $67,837Net Assets 2013: $1,735,3862013Assets 2014: $1,873,832Liabilities 2014: $76,540Net Assets 2014: $1,797,2922014Assets 2015: $1,815,058Liabilities 2015: $55,692Net Assets 2015: $1,759,3662015Assets 2016: $1,874,748Liabilities 2016: $61,389Net Assets 2016: $1,813,3592016Assets 2017: $2,023,364Liabilities 2017: $70,614Net Assets 2017: $1,952,7502017Assets 2018: $1,736,063Liabilities 2018: $61,918Net Assets 2018: $1,674,1452018Assets 2019: $1,948,679Liabilities 2019: $60,855Net Assets 2019: $1,887,8242019Assets 2020: $2,700,987Liabilities 2020: $63,093Net Assets 2020: $2,637,8942020Assets 2021: $3,894,577Liabilities 2021: $13,229Net Assets 2021: $3,881,3482021Assets 2022: $3,312,070Liabilities 2022: $11,677Net Assets 2022: $3,300,3932022Assets 2023: $4,179,945Liabilities 2023: $12,410Net Assets 2023: $4,167,5352023Assets 2024: $4,875,871Liabilities 2024: $13,046Net Assets 2024: $4,862,8252024

Highlighted filing

2019

Assets$1,948,679
Liabilities$60,855
Net Assets$1,887,824

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $468,4872010Expenses 2011: $515,7852011Expenses 2012: $446,7042012Revenue 2013: $525,735Expenses 2013: $454,416Net Income 2013: $71,3192013Revenue 2014: $471,103Expenses 2014: $415,589Net Income 2014: $55,5142014Revenue 2015: $436,792Expenses 2015: $402,765Net Income 2015: $34,0272015Revenue 2016: $490,716Expenses 2016: $509,814Net Income 2016: -$19,0982016Revenue 2017: $634,277Expenses 2017: $574,598Net Income 2017: $59,6792017Revenue 2018: $462,854Expenses 2018: $512,695Net Income 2018: -$49,8412018Revenue 2019: $752,777Expenses 2019: $543,453Net Income 2019: $209,3242019Revenue 2020: $1,560,769Expenses 2020: $867,036Net Income 2020: $693,7332020Revenue 2021: $1,944,216Expenses 2021: $976,618Net Income 2021: $967,5982021Revenue 2022: $679,659Expenses 2022: $828,804Net Income 2022: -$149,1452022Revenue 2023: $960,237Expenses 2023: $509,952Net Income 2023: $450,2852023Revenue 2024: $947,697Expenses 2024: $598,893Net Income 2024: $348,8042024

Highlighted filing

2019

Revenue$752,777
Expenses$543,453
Net Income$209,324
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.0
Gross Receipts
$771,547
Mission and Program Overview

Mission

To enrich the education provided to all students in the lawrence public school system.

Enriching the education provided to all students in the lawrence public school system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,542,324$1,832,910▲ $290,586
Savings and Temporary Cash Investments$193,739$114,769▼ $78,970
Accounts Receivable-$1,000-
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,736,063$1,948,679▲ $212,616
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$61,918$60,855▼ $1,063
Total Liabilities$61,918$60,855▼ $1,063
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,180,961$1,297,923▲ $116,962
Net Assets Without Donor Restrictions$493,184$589,901▲ $96,717
Total Net Assets Fund Balance$1,674,145$1,887,824▲ $213,679
Total Liabilities and Net Assets / Fund Balance$1,736,063$1,948,679▲ $212,616

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,023,268$306,407▲ $199,198$292,947$1,139,453
2018$1,231,788$241,280▼ $94,595$220,885$1,023,268
2017$1,176,346$331,703▲ $150,675$322,852$1,231,788
2016$1,184,577$281,403▲ $86,541$244,242$1,176,346
2015$1,230,052$249,825▼ $10,971$170,717$1,184,577
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dena JohnstonExec. DirectorFT$75,489$75,489

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$469,651
Program Service Revenue
$0
Investment Income
$299,403
Other Revenue
$-16,277
All Other Contributions
$387,683
Change in Net Assets
$209,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$366,756
Salaries, Compensation, and Employee Benefits$129,238
Other Expenses$47,459
Total Fundraising Expense$47,273
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$277,074--$277,074
Grants to Domestic Individuals$89,682--$89,682
Current Officers, Directors, Trustees, and Key Employees$22,647$15,097$37,745$75,489
Other Salaries and Wages$10,774$25,139-$35,913
Other Employee Benefits$5,351$12,485-$17,836
Fees for Service Investment Mgmnt Fees-$14,962-$14,962
Fees for Services Accounting-$7,308-$7,308
Office Expenses-$1,413$5,717$7,130
All Other Expenses-$2,396$1,128$3,524
Insurance-$1,458-$1,458
Other Expenses-$1,587$1,076$1,076
Fees for Services Other-$766-$766
Travel-$173-$173
Advertising-$125-$125
Occupancy--$109$109
Total Functional Expenses$405,528$90,652$47,273$543,453
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
USD #497Lawrence, KS-Provide Grants and Other Assistance$277,074
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,770
Fundraising Gross Income$2,493
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Breakfast$54,967$1,692$3,090$-1,398
Variety Show$22,331$801$600$201
Total Events$84,461$2,493$18,770$-16,277
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

After review by the finance committee, the form 990 is provided to the board of directors electronically prior to being filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Disclosure statements from board members are received and reviewed by the executive director, who would notify the board president of any apparent potential conflicts.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The executive committee evaluated the executive director's performance for the year, reviewed compensation adjustments for similar usd 497 administrators and then recommended any compensation adjustments to the full board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, conflict of interest policy, and financial statments available upon request.

FORM 990, PART VI, SECTION C, LINE 18:

The organization makes its form 990 available upon request.

Filing and Contact Details

Filer

Filer Name
Lawrence Schools Foundation
EIN
48-1016950
Phone
7853301941
Address
110 Mcdonald Drive, Lawrence, KS 66044

Signing Officer

Name
Dena Johnston
Title
Exec. Director
Signed
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Mock
Formed
1985
Legal Domicile
Ks
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
100

Preparer

Firm
Kindred CPA LLC
Address
211 East Eighth Street Ste A, Lawrence, KS 66044-2682
Preparer
Kenneth R Hite CPA
Phone
7858428844
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: school assistance grants - needs based grants for schools. District wide program support - grants made upon request by authorized district administrators from restricted funds established for various district programs, including school specific programs.teacher innovation grant program - provide grants to teachers for innovative classroom/school programs and projects

FORM 990, PART V, LINE 1C:

The organization has not been notified by the internal revenue services that they are subject to the back withholding rules. Since the organization was not subject to these rules, they accordingly have complied with these rules.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC. DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10President
IRS990/Form990PartVIISectionAGrp/TitleTxt11EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt12EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt19PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt23Trustee
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.88$0.01$4.86$0.95$0.60$0.35
2023Detailed filing. Detailed filing data is available for this year.$4.18$0.01$4.17$0.96$0.51$0.45
2022Detailed filing. Detailed filing data is available for this year.$3.31$0.01$3.30$0.68$0.83$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.89$0.01$3.88$1.94$0.98$0.97
2020Detailed filing. Detailed filing data is available for this year.$2.70$0.06$2.64$1.56$0.87$0.69
2019Detailed filing. Detailed filing data is available for this year.$1.95$0.06$1.89$0.75$0.54$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.74$0.06$1.67$0.46$0.51$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.02$0.07$1.95$0.63$0.57$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.87$0.06$1.81$0.49$0.51$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.82$0.06$1.76$0.44$0.40$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.08$1.80$0.47$0.42$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.80$0.07$1.74$0.53$0.45$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.13$1.50$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.15$1.35$0.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.20$1.25$0.47