Civic Intelligence

Lafayette Education Foundation Inc

EIN 58-1849198 • 501(c)3 • Lafayette, LA

Profile

To promote excellence in education

215 E Pinhook RdLafayette, LA 70501

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-2201%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

63rd percentile

9.2%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $1,911,175 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $1,911,175 (-100%) from 2020

Revenue

Up

$91,264

Up $7,652 (+9.2%) from 2020

Expenses

Up

$2,100,239

Up $1,995,402 (+1903%) from 2020

Net Income

Down

-$2,008,975

Down $1,987,750 (-9365%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $1,940,447Liabilities 2010: $1,841Net Assets 2010: $1,938,6062010Assets 2011: $1,855,311Liabilities 2011: $2,392Net Assets 2011: $1,852,9192011Assets 2012: $1,951,293Liabilities 2012: $2,660Net Assets 2012: $1,948,6332012Assets 2013: $2,075,136Liabilities 2013: $2,929Net Assets 2013: $2,072,2072013Assets 2014: $2,008,537Liabilities 2014: $3,843Net Assets 2014: $2,004,6942014Assets 2015: $1,896,495Liabilities 2015: $4,088Net Assets 2015: $1,892,4072015Assets 2016: $1,900,891Liabilities 2016: $0Net Assets 2016: $1,900,8912016Assets 2017: $1,984,724Liabilities 2017: $1,151Net Assets 2017: $1,983,5732017Assets 2018: $1,777,764Liabilities 2018: $910Net Assets 2018: $1,776,8542018Assets 2019: $1,843,539Liabilities 2019: $30,421Net Assets 2019: $1,813,1182019Assets 2020: $1,911,175Liabilities 2020: $0Net Assets 2020: $1,911,1752020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $405,7802010Expenses 2011: $380,1782011Expenses 2012: $374,4242012Revenue 2013: $518,083Expenses 2013: $448,254Net Income 2013: $69,8292013Revenue 2014: $387,693Expenses 2014: $435,782Net Income 2014: -$48,0892014Revenue 2015: $354,962Expenses 2015: $343,936Net Income 2015: $11,0262015Revenue 2016: $263,527Expenses 2016: $276,446Net Income 2016: -$12,9192016Revenue 2017: $607,349Expenses 2017: $338,584Net Income 2017: $268,7652017Revenue 2018: $204,258Expenses 2018: $307,999Net Income 2018: -$103,7412018Revenue 2019: $120,056Expenses 2019: $278,068Net Income 2019: -$158,0122019Revenue 2020: $83,612Expenses 2020: $104,837Net Income 2020: -$21,2252020Revenue 2021: $91,264Expenses 2021: $2,100,239Net Income 2021: -$2,008,9752021

Highlighted filing

2021

Revenue$91,264
Expenses$2,100,239
Net Income-$2,008,975

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$91,264
Mission and Program Overview

Mission

To promote excellence in education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,817,807$0▼ $1,817,807
Savings and Temporary Cash Investments$93,368$0▼ $93,368
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,911,175$0▼ $1,911,175
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,542,161$0▼ $1,542,161
Net Assets Without Donor Restrictions$369,014$0▼ $369,014
Total Net Assets Fund Balance$1,911,175$0▼ $1,911,175
Total Liabilities and Net Assets / Fund Balance$1,911,175$0▼ $1,911,175

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,817,806-▲ $176,610-$1,984,878
2020$1,685,836-▲ $140,192-$1,817,806
2019$1,532,160-▲ $239,426$37,749$1,685,836
2018$1,781,624-▼ $72,859$118,477$1,532,160
2017$1,674,435-▲ $212,180$44,416$1,781,624
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lauren GardnerPast President
Blaise ZuschlagPresident
Charles BeazleyDirector
Craig GlassingerDirector
Elizabeth DomingueDirector
Ruben HendersonDirector
Taniecea MalleryDirector
Travis BroussardDirector
Heather BlanchardExecutive Director
Natalie DominoVP Finance/treasurer
Will RucksVP Programs
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$78,813
Other Revenue
$12,451
Change in Net Assets
$-2,008,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,100,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates-$2,082,468-$2,082,468
Fees for Services Management-$9,538-$9,538
Other Expenses-$3,587-$3,587
Fees for Services Accounting-$2,490-$2,490
Information Technology-$2,156-$2,156
Total Functional Expenses$0$2,100,239$0$2,100,239
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
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
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, Part VI, Section A, Line 6

This organization has members.

Form 990, Part VI, Section A, Line 7A

Board member candidates are identified and solicited by current board members or the executive director. During the next board meeting, a biography of the candidate is reviewed by the board and then the board votes on the potential board member.

Form 990, Part VI, Section B, Line 11B

The annual 990 is reviewed by the executive committee prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed and updated, if necessary, by the board on an annual basis.

Form 990, Part VI, Section C, Line 19

No documents are made available to the public.

Filing and Contact Details

Filer

Filer Name
Lafayette Education Foundation Inc
EIN
58-1849198
Phone
3372338302
Address
215 E PINHOOK RD, LAFAYETTE, LA 70501

Signing Officer

Name
Heather Blanchard
Title
Executive Director
Phone
3372338302
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Blanchard
Formed
1989
Legal Domicile
La
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Postlethwaite & Netterville
Address
400 E KALISTE SALOOM RD STE 7100, LAFAYETTE, LA 70508
Preparer
David Edmond
Phone
3372348431
Supplemental Narrative

Financial Statement Notes

Part V - Line 4 - Intended Uses of Endowment Fund

Income from the endowment fund is available for programs that promote education.

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IRS990ScheduleA/OtherIncome170Grp/TotalAmt012451
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76400
IRS990ScheduleA/PublicSupportTotal170Amt0637794
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt074683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0341503
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0637794
IRS990ScheduleA/TotalSupportAmt0834833
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt09538
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01817806
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01984878
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0176610
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt08222
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01685836
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01817806
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0140192
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt08001
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01532160
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01685836
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt040000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0239426
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt037749
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt08128
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01781624
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01532160
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt050000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-72859
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0118477
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt010575
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01674435
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01781624
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt050000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0212180
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt044416
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME FROM THE ENDOWMENT FUND IS AVAILABLE FOR PROGRAMS THAT PROMOTE EDUCATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V - LINE 4 - INTENDED USES OF ENDOWMENT FUND
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH AND INVESTMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0UNITED WAY OF ACADIANA INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0720513639
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt02082468
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0SUPPORTING STATEMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0215 E PINHOOK RD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0LAFAYETTE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0LA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd070501
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBER CANDIDATES ARE IDENTIFIED AND SOLICITED BY CURRENT BOARD MEMBERS OR THE EXECUTIVE DIRECTOR. DURING THE NEXT BOARD MEETING, A BIOGRAPHY OF THE CANDIDATE IS REVIEWED BY THE BOARD AND THEN THE BOARD VOTES ON THE POTENTIAL BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ANNUAL 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED AND UPDATED, IF NECESSARY, BY THE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt01911175
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01911175
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02100239
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02100239
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01911175
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt078813
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012451
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091264
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01911175
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0215 E PINHOOK RD
IRS990/USAddress/CityNm0LAFAYETTE
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070501
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0UNITEDWAYOFACADIANA.ORG/EDUCATION/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z

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