Civic Intelligence

Lawrence Schools Foundation

990 • Fiscal year 2020 • EIN 48-1016950

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

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

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.04x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

88th percentile

44%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

59th percentile

$78,803

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

82nd percentile

39%

Faster asset growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

107%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,700,987

Up $752,308 (+39%) from 2019

Net Assets

Up

$2,637,894

Up $750,070 (+40%) from 2019

Liabilities

Up

$63,093

Up $2,238 (+3.7%) from 2019

Revenue

Up

$1,560,769

Up $807,992 (+107%) from 2019

Expenses

Up

$867,036

Up $323,583 (+60%) from 2019

Net Income

Up

$693,733

Up $484,409 (+231%) from 2019

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

2020

Assets$2,700,987
Liabilities$63,093
Net Assets$2,637,894

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

2020

Revenue$1,560,769
Expenses$867,036
Net Income$693,733
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$1,563,315
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$1,832,910$1,939,945▲ $107,035
Savings and Temporary Cash Investments$114,769$761,042▲ $646,273
Accounts Receivable$1,000$0▼ $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$1,948,679$2,700,987▲ $752,308
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$60,855$63,093▲ $2,238
Total Liabilities$60,855$63,093▲ $2,238
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,297,923$2,024,196▲ $726,273
Net Assets Without Donor Restrictions$589,901$613,698▲ $23,797
Total Net Assets Fund Balance$1,887,824$2,637,894▲ $750,070
Total Liabilities and Net Assets / Fund Balance$1,948,679$2,700,987▲ $752,308

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,139,453$1,273,756▲ $156,098$608,662$1,865,726
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dena JohnstonExec. DirectorFT$78,803$78,803

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,457,831
Program Service Revenue
$0
Investment Income
$105,484
Other Revenue
$-2,546
All Other Contributions
$1,437,480
Change in Net Assets
$693,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$678,813
Salaries, Compensation, and Employee Benefits$138,620
Other Expenses$49,603
Total Fundraising Expense$46,324
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$595,648--$595,648
Grants to Domestic Individuals$83,165--$83,165
Current Officers, Directors, Trustees, and Key Employees$23,641$15,760$39,402$78,803
Other Salaries and Wages$12,453$29,056-$41,509
Other Employee Benefits$5,492$12,816-$18,308
Fees for Service Investment Mgmnt Fees-$15,042-$15,042
Fees for Services Accounting-$8,312-$8,312
Office Expenses-$2,147$3,296$5,443
Fees for Services Other-$4,428-$4,428
All Other Expenses-$2,235$1,479$3,714
Travel-$2,027-$2,027
Insurance-$1,461-$1,461
Other Expenses-$1,828$1,206$1,206
Advertising--$941$941
Total Functional Expenses$720,399$100,313$46,324$867,036
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
USD #497Lawrence, KS-Provide Grants and Other Assistance$595,648
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,546
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Breakfast$17,100-$1,270-
Total Events$17,100-$1,270$-1,270
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
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsey Slater
Formed
1985
Legal Domicile
Ks
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
100

Preparer

Firm
Kindred CPA LLC
Address
211 East Eighth Street Ste A, Lawrence, KS 66044
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 up withholding rules. Since the organization was not subject to these rules, they accordingly have complied with these rules.

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IRS990/Form990PartVIISectionAGrp/PersonNm21HUGH CARTER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC. DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt12PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21EX-OFFICIO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt020351
IRS990/FundraisingDirectExpensesAmt02546
IRS990/GainOrLossGrp/SecuritiesAmt050887
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt0488122
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt083165
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt083165
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0595648
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0595648
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt050887
IRS990/GrossReceiptsAmt01563315
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01461
IRS990/InsuranceGrp/TotalAmt01461
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt054597
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054597
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01832910
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01939945
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0KS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENRICH THE EDUCATION PROVIDED TO ALL STUDENTS IN THE LAWRENCE PUBLIC SCHOOL SYSTEM.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01887824
IRS990/NetAssetsOrFundBalancesEOYAmt02637894
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt050887
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt050887
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2546
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2546
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt056337
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0589901
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0613698
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt03296
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02147
IRS990/OfficeExpensesGrp/TotalAmt05443
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05492
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018308
IRS990/OtherExpensesGrp/Desc0CATERING- BOARD EVENT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2STAFF/BOARD DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3CATERING - DISTRICT CAMPAIGN
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02702
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12499
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21828
IRS990/OtherExpensesGrp/TotalAmt02702
IRS990/OtherExpensesGrp/TotalAmt12499
IRS990/OtherExpensesGrp/TotalAmt21828
IRS990/OtherExpensesGrp/TotalAmt31206
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029056
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012453
IRS990/OtherSalariesAndWagesGrp/TotalAmt041509
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LINDSEY SLATER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0EARLY CHILDHOOD READINESS PROGRAM - PROVIDE SUPPORT OF PRE-K CLASSROOMS FOR APPROXIMATELY 75 AT-RISK FOUR YEAR OLDS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0103540
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0103540
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIPS - PROVIDE AWARDS FOR GRADUATING SENIORS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt062065
IRS990/ProgSrvcAccomActy3Grp/GrantAmt062065
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0469651
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0366756
IRS990/PYInvestmentIncomeAmt0299403
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt047459
IRS990/PYOtherRevenueAmt0-16277
IRS990/PYRevenuesLessExpensesAmt0209324
IRS990/PYSalariesCompEmpBnftPaidAmt0129238

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